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Category: International Development and Relief Services

World Vision

 

Federal Way, WA

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World Vision

Physical Address:
Federal Way, WA 98063 9716
EIN:
95-1922279
Web URL:
www.worldvision.org
Blog URL:
blog.worldvision.org
Leadership:
Mr. Richard E. Stearns, Chief Executive

Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Fiscal Year Starting: Oct 1, 2010
Fiscal Year Ending: Sept 30, 2011
Revenue
Total Revenue $1,058,347,000
Expenses
Total Expenses $1,079,055,000

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Basic Organization Information

World Vision

Physical Address:
Federal Way, WA 98063 9716
EIN:
95-1922279
Web URL:
www.worldvision.org 
Blog URL:
blog.worldvision.org 
NTEE Category:
Q International, Foreign Affairs, and National Security 
Q30 International Development, Relief Services 
Q International, Foreign Affairs, and National Security 
Q33 International Relief 
X Religion, Spiritual Development 
X20 Christian 
Year Founded:
1950 
Ruling Year:
1982 

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Mission Statement

Vision Statement

Our vision for every child, life in all its fullness;
Our prayer for every heart, the will to make it so.


World Vision is a Christian relief, development and advocacy organization dedicated to working with children, families and communities to overcome poverty and injustice.

Inspired by our Christian values, we are dedicated to working with the world’s most vulnerable people. We serve all people regardless of religion, race, ethnicity, or gender.

 

 

Our Mission

World Vision is an international partnership of Christians whose mission is to follow our Lord and Savior Jesus Christ in working with the poor and oppressed to promote human transformation, seek justice, and bear witness to the good news of the Kingdom of God.


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Impact Statement from Nonprofit

World Vision believes that tackling the causes of poverty through a holistic approach creates the greatest long-term impact.  In the past year, the worldwide World Vision partnership has conducted the following activities to help relieve poverty and improve the lives of the world’s poorest:

Disaster response – Within 24 to 72 hours of a disaster, World Vision usually can begin delivering aid to children and families in need.  We have nearly 44,000 staff in close to 100 countries.  Many of those staff are  prepared to respond to crises and committed to helping communities rebuild.  In 2011, World Vision responded to 75 humanitarian emergencies around the world and assisted more than 10 million survivors. 

Child sponsorship – Our child sponsorship programs have helped change the lives of more than 4.1 million children worldwide. More than one million  of those children were sponsored by 725,000 sponsors in the United States. 

Microloans – We invest in the potential of hardworking entrepreneurs in developing countries by providing funding for small businesses.  These loans are made to people  who do not have access to traditional banking resources.  During 2011, World Vision disbursed $493 million in microloans to 688,000  people in 38 countries.  These loans involved  over 1.5 million jobs and indirectly helped over 2.7 million children. 

Food assistance – World Vision helped  children and families in need by providing nearly 100,000 metric tons of food supplies and $70 million in food grants.  That is the equivalent to 3,300 semi-truck loads of food.

Clean Water – World Vision enabled more than  500,000 people in 10 African countries to gain access to clean water by drilling approximately 800 new wells and through other sanitation and hygiene efforts. 

HIV and AIDS education and prevention – World Vision helped deliver  HIV and AIDS prevention education to nearly 528,000 people in AIDS-affected areas of Africa.  In addition, we equipped nearly 34,000 people in 11,000 churches across Africa to provide additional HIV prevention and AIDS care to their communities.

United States programs – World Vision provided access to basic necessities such as warm clothing, personal care items, and schools supplies to 2.1 million people in the United States.


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Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Revenue and Expenses

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Balance Sheet

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Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Organizational Statistics

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Chief Executive

Mr. Richard E. Stearns

Term:

Since June 1998

Chief Executive Profile:

Richard E. Stearns became President of World Vision U.S. in June 1998. Stearns holds a bachelor's degree from Cornell University and a master's in business administration from the Wharton School at the University of Pennsylvania.

Stearns held senior positions with Parker Bros. Games and The Franklin Mint before joining Lenox in 1987. In 1995, Stearns was named president/chief executive officer of Lenox, Inc.

Stearns and his wife, Renee, have supported World Vision since 1984.


Board Chair

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Board of Directors

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Officers for Fiscal Year

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Highest Paid Employees & Their Compensation

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Program: Emergency Relief and Community Development

Budget:
$503,408,482
Category:
International, Foreign Affairs & National Security
Population Served:
General Public/Unspecified

Program Description:

Responds appropriately to natural and man-made disasters with goods and services that help people get back on their feet and on the road to self-reliance. In the fiscal year that ended September 30, 2011, 100,000 metric tons of emergency food supplies were distributed to help ensure hungry children and families received the nourishment they need. Child-focused programs seek to address the root causes of poverty in a community and provide assistance to recipients without regard to their race, gender, religion, or ethnic background. Staff seek to enable people to transform their lives and realize their own vision for a better future through various services, including: health care and nutrition initiatives; agricultural improvements; income-generation programs; safe drinking water and sanitation projects; and literacy, leadership, and vocational training. Children and the elderly are especially vulnerable to disaster, whether sudden-onset events like earthquakes and floods, long-term crises like famines, or complex disasters resulting from conflict. While most disasters cannot be predicted, our staff monitor local conditions and indicators for possible disasters, including positioning relief supplies and, when possible, helping communities prepare to save lives and property. We respond quickly and effectively to emergencies, and stay as long as needed to help people rebuild their lives and communities.

 

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Program: Child Sponsorship

Budget:
$246,232,461
Category:
Population Served:
General Public/Unspecified

Program Description:

Seeks to demonstrate the love of God for all people by helping fund community-based programs that improve children’s lives through services, including health care, nutrition, and opportunities for education. We believe that building a better world for children begins in their homes. We partner with families and communities to find ways to overcome poverty, helping them obtain access to clean water, food, health care, education, income and other services. The number of sponsored children worldwide in the fiscal year ended September 30, 2011 is nearly 4.1 million; over 1.1 million of whom are sponsored by US donors.

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Program: Domestic Programs

Budget:
$91,898,989
Category:
Population Served:
General Public/Unspecified

Program Description:

Focuses on needs within the United States, working with churches, volunteers, and community organizations to provide children and youth a range of programs and services to improve their lives and raise the standard of living for themselves and their families. We assist 2.1 million people with access to critical necessities through World Vision’s Storehouses, including clothing, school supplies, and building materials. We are comitted to enabling young people growing up in under-resourced neighborhoods to participate in transforming their communities.

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Program: Other Program Services

Budget:
$85,107,360
Category:
Population Served:
General Public/Unspecified

Program Description:

Other program services include grants to other ministries, public awareness and education. Provides gifts-in-kind and monetary donations to partner ministries that share World Vision’s commitment to serve the poor and help address injustice. We believe God calls His people to uphold the cause of the oppressed, including children who are exploited or abandoned. We advocate against these injustices by working to build a world where children are protected and cared for—where children are no longer forced to survive on their own or participate in war, unsafe working conditions, or the sex trade. We pursue justice for the poor and advocate with leaders of governments and international institutions to help help address the causes of poverty and alleviate the suffering of children. We promote awareness of poverty and justice issues, seeking to protect children and families from exploitation and abuse through various educational programs, and by seeking to influence corporate, government, and international policies. 

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