Worldwide Foundation for Credit Unions (WFCU)

Mission

The Worldwide Foundation for Credit Unions is the official fundraising and gift-receiving organization for the World Council of Credit Unions (WOCCU). WOCCU is the global trade association and development agency for credit unions. WOCCU promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. WOCCU advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.

Vision

To improve lives through credit unions.

Goals

1.Raise Relevance & Visibility of International Credit Union Development to the U.S. Credit Union community.
2.Create a diversified revenue portfolio that helps advance WFCU's mission & vision through an annual fundraising campaign and supporting tactics.
3.Increase engagement between U.S. and international credit unions to network, learn and share knowledge to strengthen and grow credit unions everywhere.

Washington DC | EIN: 39-6093210

Profile managed by nonprofit | Is this your nonprofit?

501(c)(3) organization

99 M Street SE, Suite 300,
Washington DC 20003-3799

Mail donations to: PO Box 78974,
Milwaukee WI 53278

https://doglobalgood.org/

608-395-2000

Worldwide Foundation for Credit Unions (WFCU)

Mission

Vision

To improve lives through credit unions.

Goals

1.Raise Relevance & Visibility of International Credit Union Development to the U.S. Credit Union community.
2.Create a diversified revenue portfolio that helps advance WFCU's mission & vision through an annual fundraising campaign and supporting tactics.
3.Increase engagement between U.S. and international credit unions to network, learn and share knowledge to strengthen and grow credit unions everywhere.

Washington DC | EIN: 39-6093210

Profile managed by nonprofit | Is this your nonprofit?

501(c)(3) organization

99 M Street SE, Suite 300,
Washington DC 20003-3799

Mail donations to: PO Box 78974,
Milwaukee WI 53278

https://doglobalgood.org/

608-395-2000

Beacon Report

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Good
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Not Scored
Additional Information

Program Expense Ratio:60.37% of total expenses

SCORE52%

Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit.

ExpensesFY2022

Administrative: 11.0%
Fundraising: 15.3%
Program: 73.7%

ExpensesFY2023

Administrative: 17.4%
Fundraising: 19.7%
Program: 62.8%

ExpensesFY2024

Administrative: 15.4%
Fundraising: 39.8%
Program: 44.8%

Administrative
Fundraising
Program

Source: Public data from IRS Form 990

Liabilities to Assets Ratio:55.90% of total assets

SCORE54%

Working Capital:0.42 years of reserves

SCORE82%

Fundraising Efficiency:$0.28 to raise a dollar

SCORE73%

Evaluation area metrics
Score	Metric
52%	Program Expense Ratio:60.37% of total expenses Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit. ExpensesFY2022 Administrative: 11.0% Fundraising: 15.3% Program: 73.7% ExpensesFY2023 Administrative: 17.4% Fundraising: 19.7% Program: 62.8% ExpensesFY2024 Administrative: 15.4% Fundraising: 39.8% Program: 44.8% Administrative Fundraising Program Source: Public data from IRS Form 990
54%	Liabilities to Assets Ratio:55.90% of total assets
82%	Working Capital:0.42 years of reserves
73%	Fundraising Efficiency:$0.28 to raise a dollar

Science behind the numbers

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Mission

Mission

Beacon Report