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World Exchange Ltd

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: International, Foreign Affairs and National Security / International Student Exchange and Aid (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$36.6k (2023)

Expenses
$29.2k (2023)

Total Assets
$2.72k (2023)

Total Liabilities
$162k (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,605
Expenses
$29,183
Net Income
$7,422
Net Assets
-$159,077
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,000
13.7%
Program Services $31,605
86.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,717
Total Liabilities $161,794
Net Assets -$159,077
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vera Sklaar (President) $0 $0 $0
Vera Sklaar (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,855
Expenses
$35,159
Net Income
$2,696
Net Assets
-$166,499
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,000
26.4%
Program Services $27,855
73.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,723
Total Liabilities $172,222
Net Assets -$166,499
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vera Sklaar (President) $0 $0 $0
Vera Sklaar (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,000
Expenses
$16,664
Net Income
$1,336
Net Assets
-$169,195
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,000
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,027
Total Liabilities $172,222
Net Assets -$169,195
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vera Sklaar (President) $0 $0 $0
Vera Sklaar (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,300
Expenses
$18,299
Net Income
$1
Net Assets
-$170,531
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,300
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,691
Total Liabilities $172,222
Net Assets -$170,531
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vera Sklaar (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$73,596
Expenses
$74,189
Net Income
-$593
Net Assets
-$170,532
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,000
14.9%
Program Services $62,596
85.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,985
Total Liabilities $177,517
Net Assets -$170,532
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael Sklaar (President) $0 $0 $0
Vera Sklaar (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$97,266
Expenses
$92,574
Net Income
$4,692
Net Assets
-$169,939
Notable Sources of Revenue Percent of Total Revenue
Contributions $22,000
22.6%
Program Services $75,266
77.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $42
Total Liabilities $169,981
Net Assets -$169,939
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael Sklaar (President) $0 $0 $0
Vera Sklaar (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$123,882
Expenses
$98,567
Net Income
$25,315
Net Assets
-$174,631
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,541
10.1%
Program Services $111,341
89.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,374
Total Liabilities $194,005
Net Assets -$174,631
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael Sklaar (President) $0 $0 $0
Vera Sklaar (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$97,264
Expenses
$121,532
Net Income
-$24,268
Net Assets
-$199,946
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,000
12.3%
Program Services $85,264
87.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $5,000
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $42
Total Liabilities $199,988
Net Assets -$199,946
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael Sklaar (President) $5,000 $0 $0
Vera Sklaar (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$159,420
Expenses
$163,588
Net Income
-$4,168
Net Assets
-$175,678
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,000
10.7%
Program Services $142,420
89.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $7,000
4.3%
Assets/Debt
Total Assets $23,415
Total Liabilities $199,093
Net Assets -$175,678
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael Sklaar (President) $2,500 $0 $0
Vera Sklaar (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$216,886
Expenses
$182,432
Net Income
$34,454
Net Assets
-$171,510
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,000
5.1%
Program Services $205,886
94.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,500
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $6,500
3.6%
Assets/Debt
Total Assets $34,382
Total Liabilities $205,892
Net Assets -$171,510
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael Sklaar (President) $12,500 $0 $0
Vera Sklaar (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$147,824
Expenses
$191,743
Net Income
-$43,919
Net Assets
-$205,964
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,200
5.5%
Program Services $139,624
94.5%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $5,292
Total Liabilities $211,256
Net Assets -$205,964
Compensation
Key Employees and Officers Compensation Other
Michael Sklaar (President) $10,000 $16,596
Vera Sklaar (Secretary) $0 $16,596

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$195,876
Expenses
$189,276
Net Income
$6,600
Net Assets
-$162,045
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,000
5.1%
Program Services $185,876
94.9%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $38,696
Total Liabilities $200,741
Net Assets -$162,045

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$183,265
Expenses
$187,227
Net Income
-$3,962
Net Assets
-$168,645
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,000
5.5%
Program Services $173,265
94.5%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $34,817
Total Liabilities $203,462
Net Assets -$168,645

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$202,187
Expenses
$226,879
Net Income
-$24,692
Net Assets
-$164,683
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,950
3.4%
Program Services $195,237
96.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,800
20.2%
Professional Fundraising Fees $0
Other Salaries and Wages $6,000
2.6%
Assets/Debt
Total Assets $37,374
Total Liabilities $202,057
Net Assets -$164,683

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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