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World Vision Organization Name provided in the GuideStar Exchange* as of 09/23/2014: World Vision

Organization Name as listed in the IRS Business Master File as of 11/10/2014: WORLD VISION

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

AKA  WVUS
Federal Way, WA
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GuideStar Summary

&1002; GuideStar Exchange Committed to transparency ?
This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Evidence of Impact Expert Reviews available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2013, 2012, and 2011 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
  4 stars Average rating from 71 Personal Reviews | Write a Review

Basic Organization Information

World Vision Organization Name provided in the GuideStar Exchange* as of 09/23/2014: World Vision

Organization Name as listed in the IRS Business Master File as of 11/10/2014: WORLD VISION

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: WVUS
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
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.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses

(GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
September 2014)

Fiscal Year Starting: October 1, 2012
Fiscal Year Ending: September 30, 2013

Total Revenue $981,898,000
Total Expenses $970,899,000

Revenue & Expenses

(GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
September 2014)

Fiscal Year Starting: October 1, 2012
Fiscal Year Ending: September 30, 2013

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership

(GuideStar Exchange,
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September 2014)

Mr. Richard E. Stearns

Profile:

Richard E. Stearns became President of World Vision U.S. in June 1998. Mr. 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. Mr. Stearns held senior positions with Parker Bros. Games and The Franklin Mint before joining Lenox in 1987. In 1995, Mr. Stearns was named president/chief executive officer of Lenox, Inc. Mr. Stearns and his wife, Renee, have supported World Vision since 1984.

Board Chair (GuideStar Exchange,
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September 2014)

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Board Co-Chair

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Board of Directors (GuideStar Exchange,
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September 2014)

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Board Leadership Practices (GuideStar Exchange,
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September 2014)
?

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Yes
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Yes
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Yes
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Yes
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Yes

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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People information was last updated by the nonprofit in September 2014

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Programs

Program: International Programs (GuideStar Exchange,
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September 2014)

Budget:
$745,036,545
Category:
International, Foreign Affairs & National Security, General/Other
Population Served:
General Public/Unspecified
None
None

Program Description:

The Organization partners with families and communities around the world to find ways to overcome poverty, helping them obtain sustainable access to basic resources and services such as clean water, food assistance, agricultural training, healthcare, economic development, child protection, and other goods and services. One of the Organization's primary funding sources for this work is child sponsorship, through which the Organization's staff in impoverished communities seek to improve children's physical, emotional, and spiritual well-being through a relationship with their sponsorship donor. Additionally, the Organization responds to natural and man-made disasters to save lives and help restore livelihoods.

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: Domestic Programs (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
September 2014)

Budget:
$54,081,382
Category:
None
Population Served:
General Public/Unspecified
None
None

Program Description:

The Organization works with local churches, teachers, business owners, students, and volunteers throughout the United States as they seek to serve distressed communities and neighborhoods in a variety of U.S. locations. This work is carried out in part through the Organization's network of product distribution centers, emergency assistance efforts, and tutoring and youth development programs.

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: Public Awareness and Education (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
September 2014)

Budget:
$5,034,552
Category:
None
Population Served:
General Public/Unspecified
None
None

Program Description:

The Organization seeks to help government officials and the public gain awareness and take action on poverty and justice-related issues. World Vision advocates on behalf of children and the poor to increase understanding of issues, involvement in solutions, and prayer.

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Impact Summary from the Nonprofit

World Vision believes that tackling the causes of poverty through a holistic approach creates the greatest long-term impact. Within 24 to 72 hours of a disaster, we usually can begin delivering aid to children and families in need. We have 46,000 staff in close to 100 countries. Many of those staff are prepared to respond to crises and committed to helping communities rebuild. In 2013, we responded to 89 major disasters and humanitarian emergencies around the world and assisted more than 11 million survivors. Our child sponsorship programs helped change the lives of more than 4.3 million children worldwide. More than 1.2 million of those children were sponsored by more than 750,000 sponsors in the U.S. 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. In 2013, we had 935,000 active borrowers, and a total loan portfolio of $516 million in 36 countries. These loans impacted nearly 1.2 million jobs and 2.8 million children. We helped children and families in need by providing over 89,600 MT of food supplies and $60 million in food grants. We enabled nearly 850,000 people in 10 African countries to gain access to clean water by drilling approximately 1,263 new wells and through other sanitation and hygiene efforts. We provided access to basic necessities to 2.1 million people in the U. S.

Expert Reviews and Comments

These expert reviews were generated through Philanthropedia's research methodology to identify high-impact nonprofits. Learn more

Organizational Strengths

There are no summaries available for this organization.

World Vision is outstanding with its commitment to mission and impact. Nonprofit Senior Staff
They stand out with their compassionate approach. Nonprofit Senior Staff
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Reviews

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