Civic Intelligence

World Education Fund

990EZ • Fiscal year 2020 • EIN 81-4866306

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

Organization Profileworldedufund.org
455 Coleridge AvePalo Alto, CA 94301-3610

(650) 328-9979

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.04x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

16th percentile

-33%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

15th percentile

-29%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-51%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$35,506

Down $14,760 (-29%) from 2019

Net Assets

$33,683

No earlier filing loaded for comparison.

Liabilities

Up

$1,823

Up $1,823 from 2019

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin16th percentile

Revenue

Down

$49,756

Down $52,829 (-51%) from 2019

Expenses

Down

$66,339

Down $24,830 (-27%) from 2019

Net Income

Down

-$16,583

Down $27,999 (-245%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2019: $50,266Liabilities 2019: $02019Assets 2020: $35,506Liabilities 2020: $1,823Net Assets 2020: $33,6832020Assets 2021: $45,860Liabilities 2021: $0Net Assets 2021: $45,8602021Assets 2022: $21,219Liabilities 2022: $0Net Assets 2022: $21,2192022Assets 2023: $301,060Liabilities 2023: $0Net Assets 2023: $301,0602023Assets 2024: $269,312Liabilities 2024: $0Net Assets 2024: $269,3122024

Highlighted filing

2020

Assets$35,506
Liabilities$1,823
Net Assets$33,683
Open 2020 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2019: $102,585Expenses 2019: $91,169Net Income 2019: $11,4162019Revenue 2020: $49,756Expenses 2020: $66,339Net Income 2020: -$16,5832020Revenue 2021: $126,166Expenses 2021: $113,989Net Income 2021: $12,1772021Revenue 2022: $46,085Expenses 2022: $70,726Net Income 2022: -$24,6412022Revenue 2023: $344,574Expenses 2023: $64,733Net Income 2023: $279,8412023Revenue 2024: $54,642Expenses 2024: $43,941Net Income 2024: $10,7012024

Highlighted filing

2020

Revenue$49,756
Expenses$66,339
Net Income-$16,583
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.0
Gross Receipts
$49,756
Mission and Program Overview

Mission

Assist students in developing countries to continue their education.

Program Services

DescriptionGrantsExpenses
School Fund TZ Program - operated scholarship programs in Iringa and Karatu that provided financial support for poor Tanzanian students: 201 O-levels in 12 schools, 65 A-levels, & 36 at 12 universities. Provided supervision at WEF-supported computer labs where students practice English by writing journals and do research on Rachel servers. Operated a textbook program. Organized and funded clubs for secondary & university students to promote education and perform public service activities.$55,000$58,275
U-Tena Program - operated a scholarship program in poor areas of Nairobi, Kenya that funded 39 secondary school students. The pandemic closed schools in Kenya for 9 months of 2020. Schools re-opened in January 2021 to repeat the lost year.$1,626$2,162
WEF Kenya Program - 60 students attended 3 secondary schools in a remote part of western Kenya with WEF's financial support. The pandemic disrupted schooling in 2020. WEF's first student in the Kenya program graduated from university, became independently employed, and is now the local representative of WEF Kenya's scholarship program.$0$415
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shan-I Judy SeversonDirector, PresidentPT$0--
Denis SeversonDirector, TreasurerPT$0--
Matthew SeversonDirector-$0--
Alice ZhangDirectorPT$0--
Elizabeth TruemanSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
World Education Fund
EIN
81-4866306
In Care Of
% Shan I Judy Severson
Address
455 COLERIDGE AVE, PALO ALTO, CA 94301-3610

Signing Officer

Name
Denis Severson
Title
Treasurer
Signed
2021-05-11
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Grants And Similar Amounts Paid:, Amount:| The School Fund (TSF) Iringa Tanzania not related to WEF activity-education funding, $55000| U-Tena Nairobi Kenya not related to WEF activity-education funding, $1626|”

Part I, line 16

“| Other Expenses:, Amount:| Technology & Communications, $983| Travel-Operations & Professional Development, $3158| Local Operations WEF Kenya, $350| Taxes & Fees, $77| Fundraising, $162| Bank & Wire Transfer Fees, $360|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Reimbursement due to WEF manager for payments to 17 WEF project members in 2020, $, $1823|”

Raw XML Appendix145 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALO ALTO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Shan-I Judy Severson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Denis Severson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Matthew Severson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Alice Zhang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Elizabeth Trueman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director, President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director, Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt05090
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Assist students in developing countries to continue their education.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0School Fund TZ Program - operated scholarship programs in Iringa and Karatu that provided financial support for poor Tanzanian students: 201 O-levels in 12 schools, 65 A-levels, & 36 at 12 universities. Provided supervision at WEF-supported computer labs where students practice English by writing journals and do research on Rachel servers. Operated a textbook program. Organized and funded clubs for secondary & university students to promote education and perform public service activities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1U-Tena Program - operated a scholarship program in poor areas of Nairobi, Kenya that funded 39 secondary school students. The pandemic closed schools in Kenya for 9 months of 2020. Schools re-opened in January 2021 to repeat the lost year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2WEF Kenya Program - 60 students attended 3 secondary schools in a remote part of western Kenya with WEF's financial support. The pandemic disrupted schooling in 2020. WEF's first student in the Kenya program graduated from university, became independently employed, and is now the local representative of WEF Kenya's scholarship program.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd1X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt055000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt11626
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt058275
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12162
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2415
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TotalRevenueAmt049756
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| Year:, Amount:, Description:| 2016, , | 2017, | 2018, | 2019, | 2020, |
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| The School Fund (TSF) Iringa Tanzania not related to WEF activity-education funding, $55000| U-Tena Nairobi Kenya not related to WEF activity-education funding, $1626|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Technology & Communications, $983| Travel-Operations & Professional Development, $3158| Local Operations WEF Kenya, $350| Taxes & Fees, $77| Fundraising, $162| Bank & Wire Transfer Fees, $360|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Reimbursement due to WEF manager for payments to 17 WEF project members in 2020, $, $1823|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Denis Severson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLD EDUCATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0814866306
ReturnHeader/Filer/ForeignPhoneNum06507625227
ReturnHeader/Filer/InCareOfNm0% Shan I Judy Severson
ReturnHeader/Filer/USAddress/AddressLine1Txt0455 COLERIDGE AVE
ReturnHeader/Filer/USAddress/CityNm0PALO ALTO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0943013610
ReturnHeader/ReturnTs02021-05-11T15:31:42-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,506
Liabilities
$1,823
Net assets
$33,683
Revenue
$49,756
Expenses
$66,339
Net income
-$16,583
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.55$0.44$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.01$0.00$3.01$3.45$0.65$2.80
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.46$0.71$0.25
2021Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$1.26$1.14$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.02$0.34$0.50$0.66$0.17
2019Summary only. Only limited summary data is available for this year.$0.50$0.00$1.03$0.91$0.11