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International : Development and Relief Services

Worldwide Foundation for Credit Unions

Assisting credit union systems and members

three stars

80.39

5710 Mineral Point Road Madison, WI 53705
tel: (608) 395-2000   Web Site
EIN: 39-6093210

Board Leadership
Bill Cheney
Chair

CEO
Brian Branch
President & Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 80.39 three stars
  Financial 73.45 two stars
  Accountability & Transparency 92.00 four stars
This rating was published 05/01/2018 and includes data from FY2016, the most recent 990 received at that time.

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.

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.

Financial

two stars

73.45

Accountability & Transparency

four stars

92.00

This rating was published 05/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.6%
  Administrative Expenses 15.2%
  Fundraising Expenses 5.0%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.30
  Program Expenses Growth -13.2%
  Liabilities to Assets 40.5%
All data for Financial Performance Metrics calculations was provided by Worldwide Foundation for Credit Unions on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Worldwide Foundation for Credit Unions on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Worldwide Foundation for Credit Unions (WI) 80.39 three stars
Water.org (MO) 95.99 four stars
World Bicycle Relief (IL) 85.27 three stars
Landesa (WA) 94.59 four stars
Mission: Hope (GA) 93.89 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,301,547
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,301,547
   Program Service Revenue $280,559
Total Primary Revenue $1,582,106
   Other Revenue $10,250
TOTAL REVENUE $1,592,356
   
EXPENSES  
   Program Expenses $1,224,250
   Administrative Expenses $272,430
   Fundraising Expenses $89,422
TOTAL FUNCTIONAL EXPENSES $1,586,102
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,254
   
Net Assets $571,840

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Education $380,049 31.0%
Technical Assistance $312,709 25.5%
Partnership Program $159,495 13.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 05/01/2018 80.39 three stars
2015-12 07/01/2017 84.25 three stars
2014-12 06/01/2016 82.49 three stars
 
CN 2.0
2014-12 02/01/2016 83.26 three stars
2013-12 06/01/2015 87.74 three stars
2012-12 12/20/2013 86.42 three stars
2011-12 02/01/2013 89.44 three stars
2010-12 09/01/2012 89.58 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 39-6093210
Name in IRS Master File WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC
NTEE Code Q12
NTEE Classification Fund Raising and/or Fund Distribution
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (161) Scientific research (diseases)
(180) Contact or sponsored scientific research for industry
(59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1966
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- Calyn Ostrowski Executive Director $102,313

Highly Rated

Charity Name & State Overall Score Overall Rating
Worldwide Foundation for Credit Unions (WI) 80.39 three stars
ECHO (FL) 95.27 four stars
Global Volunteers (MN) 86.30 three stars
CHOICE Humanitarian (UT) 90.58 four stars
The Hunger Project (NY) 88.33 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Worldwide Foundation for Credit Unions
5710 Mineral Point Road
Madison, WI 53705
tel: (608) 395-2000
fax: (608) 395-2001
EIN: 39-6093210

Visit Web Site

Board Leadership

Bill Cheney
Chair

CEO

Brian Branch
President & Chief Executive Officer

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