2023-05-11T15:11:59-05:00 2022-06-30 540618213 HANTZMON WIEBEL LLP PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2021-07-01 842274485 WORLD FEDERATION OF YOUTH CLUBS INC WORL 4077296641 2145 METROCENTER BLVD 150 ORLANDO FL 32835 DAVID BEACH TREASURER 4077296641 2023-05-10 1 DAVID BEACH XXX-XX-XXXX CLARISSA B HOFFMAN P01390684 4342962156 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DAVID BEACH 2145 METROCENTER BLVD 150 ORLANDO FL 32835 2200562 0 X WFYC.ORG X 2019 FL TO DEVELOP, ADVANCE AND ENHANCE GLOBAL YOUTH ORGANIZATIONS THAT PROVIDE A POSITIVE ENVIRONMENT AND A SAFE PLACE FOR YOUNG PEOPLE AROUND THE WORLD. 9 9 8 15 0 0 705580 802378 0 48000 230110 225272 33814 70 969504 1075720 341550 204478 0 0 643566 591529 0 0 100809 346116 459617 1331232 1255624 -361728 -179904 2140657 1525864 27540 28754 2113117 1497110 X THE WORLD FEDERATION OF YOUTH CLUBS (WFYC) IS A MEMBERSHIP-BASED ORGANIZATION, WORKING WITH AFFILIATE ORGANIZATIONS TO CREATE THE CONDITIONS, STRUCTURES, AND RESOURCES TO BUILD A GLOBAL YOUTH DEVELOPMENT MOVEMENT WHERE WFYC MEMBERS RETAIN AUTONOMY AND RECEIVE TECHNICAL ASSISTANCE, ACCESS TO A PROFESSIONAL NETWORK, AND OTHER CRITICAL RESOURCES. 0 0 1017618 204478 48070 WFYC SERVES AFFILIATE ORGANIZATIONS IN THREE DISTINCT AREAS. GUIDANCE & CONSULTATION - WFYC PROVIDES PERSONALIZED ASSESSMENT SERVICES AND HIGH-TOUCH TECHNICAL ASSISTANCE IN CRITICAL AREAS OF ORGANIZATIONAL DEVELOPMENT, INCLUDING: - BOARD DEVELOPMENT - STAFF DEVELOPMENT - FINANCE & ADMINISTRATION - RESOURCE DEVELOPMENT - MARKETING & COMMUNICATIONS - SAFETY & FACILITIES - PROGRAM CURRICULUM - TECHNOLOGY & SYSTEMS - STRATEGIC PLANNING - OUTCOMES MEASUREMENTNETWORKING & LEARNING OPPORTUNITIES - WFYC LOOKS TO CURATE KNOWLEDGE ACROSS A RANGE OF YOUTH DEVELOPMENT MODELS TO IMPROVE ORGANIZATIONAL EFFICIENCIES, DEVELOP YOUTH PROFESSIONALS, AND ENHANCE THE WORK OF BOARD VOLUNTEERS. THESE OPPORTUNITIES INCLUDE: - WFYC ANNUAL INTERNATIONAL CONFERENCE - MONTHLY WEBCAST SERIES - SHARING OF BEST PRACTICES - FORMAL AND INFORMAL NETWORKING OPPORTUNITIES AMONG AFFILIATE MEMBERSADVOCACY & RECOGNITION - WFYC ADVOCATES ON BEHALF OF THE INTERNATIONAL YOUTH DEVELOPMENT MOVEMENT, BRINGING AWARENESS TO THE IMPACT OF YOUTH CLUBS AND YOUTH DEVELOPMENT PROFESSIONALS WORLDWIDE. RECOGNITION OPPORTUNITIES INCLUDE: - WFYC ANNUAL PROMISE AWARDS: CELEBRATING YOUTH, YOUTH DEVELOPMENT PROFESSIONALS AND INNOVATIVE PROGRAMMING OF AFFILIATE MEMBERS - CHALLENGE GRANTS: PASS THROUGH FUNDING PROVIDED TO WFYC AFFILIATES TO SUPPORT GROWTH AND INNOVATION 1017618 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 4077296641 2145 METROCENTER BLVD 150 ORLANDO FL 32835 GLENN PERMUY PRESIDENT & CEO (TO 3/31/22) 40.00 X 250000 0 0 MARK SHAMLEY EXECUTIVE VP & COO (TO 12/2/21) 40.00 X 241154 0 6264 BEAU BRIDGES DIRECTOR 2.00 X 0 0 0 SUSAN GOINGS DIRECTOR 2.00 X 0 0 0 SIMON HEMUS DIRECTOR (EFFECTIVE 1/1/22) 2.00 X 0 0 0 KYLE MARYANSKI DIRECTOR (EFFECTIVE 12/1/21) 2.00 X 0 0 0 IAN SOLOMON DIRECTOR (EFFECTIVE 12/1/21) 2.00 X 0 0 0 PATRICK YOH DIRECTOR 2.00 X 0 0 0 RICK GOINGS CHAIR 10.00 X X 0 0 0 DAVID BEACH TREASURER 5.00 X X 0 0 0 ELINOR STEELE SECRETARY 5.00 X X 0 0 0 KIRK DOMINICK PRESIDENT & CEO (EFFECTIVE 4/1/22) 20.00 X 0 0 0 491154 0 6264 2 0 1 0 0 16500 785878 802378 SERVICES TO AFFILIATES 541610 48000 48000 48000 14602 14602 7386 7386 0 1328126 1117456 210670 210670 210670 MISCELLANEOUS INCOME 900099 70 70 70 1075720 48070 0 225272 X 204478 204478 345126 276100 34513 34513 213107 162551 22483 28073 4962 3729 551 682 5235 4161 489 585 23099 18387 2196 2516 263900 183768 55282 24850 3084 3084 3545 2977 284 284 5976 5020 478 478 59863 50285 4789 4789 9347 9347 53213 53213 10808 10808 3549 2981 284 284 HUB-RELATED EXPENSES 30000 30000 SUBSCRIPTION AND DUES 7455 3700 3755 BAD DEBT 6500 6500 BANK FEES 1340 1340 1037 1037 1255624 1017618 137197 100809 125761 430353 6500 12090 20090 6250 55956 15195 49579 40761 1948033 1016716 5194 5194 2140657 1525864 27540 28754 27540 28754 X 2088117 1496365 25000 745 2113117 1497110 2140657 1525864 -179904 -436103 0 X X 0 1 X 0 0 X 2924433 705580 802378 4432391 2924433 705580 802378 4432391 3320611 1111780 5966 15174 14602 35742 3305 33814 55456 92575 4560708 X PART II, SECTION B, LINE 13 THE ORGANIZATION WAS FORMED IN 2019 AS A CALENDAR YEAR-END ENTITY. DURING 2020, THE ORGANIZATION CHANGED ITS YEAR-END TO 6/30. ACCORDINGLY, 2019 REPRESENTS A COMBINATION OF TWO SHORT YEARS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46269 12338 33931 9687 2857 6830 40761 X 647003 -436103 7386 -428717 1075720 0 1075720 1263010 7386 7386 1255624 0 1255624 PART X, LINE 2: THE ORGANIZATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FASB AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE ORGANIZATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL INCOME OFFSET BY RENT EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE OFFSET BY RENTAL INCOME 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 GRANTMAKING TO SUPPORT OPERATIONS 35050 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTMAKING TO SUPPORT OPERATIONS 140147 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 GRANTMAKING TO SUPPORT OPERATIONS 27829 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTMAKING TO SUPPORT OPERATIONS 1100 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTMAKING TO SUPPORT OPERATIONS 152 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING TO SUPPORT OPERATIONS 200 0 0 0 0 0 0 204478 0 204478 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES TO SUPPORT OPERATIONS 15500 WIRE TRANSFER 0 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES TO SUPPORT OPERATIONS 79615 WIRE TRANSFER 0 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES TO SUPPORT OPERATIONS 35000 WIRE TRANSFER 0 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES TO SUPPORT OPERATIONS 5032 WIRE TRANSFER 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, TO SUPPORT OPERATIONS 21200 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, TO SUPPORT OPERATIONS 20000 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN TO SUPPORT OPERATIONS 12300 WIRE TRANSFER 0 8 0 0 0 0 0 0 0 PART I, LINE 2: AFFILIATE ORGANIZATIONS ARE REQUIRED TO PROVIDE MONTHLY STATUS UPDATES IN WRITING TO THE WFYC REGARDING THE USE OF THESE FUNDS. IF DIFFERENT PLANS ARISE FOR THE FUNDS, THE AFFILIATE MUST PRESENT CHANGES IN WRITING FOR WFYC CONSIDERATION. PART I, LINE 3: ACCRUAL PART III ACCOUNTING METHOD: X X X X 0 0 0 0 0 0 0 0 0 GLENN PERMUY PRESIDENT & CEO (TO 3/31/22) 250000 0 0 0 0 0 0 0 0 0 250000 0 0 0 MARK SHAMLEY EXECUTIVE VP & COO (TO 12/2/21) 241154 0 0 0 0 0 4546 0 1718 0 247418 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RICK GOINGS AND SUSAN GOINGS HAVE A FAMILIAL RELATIONSHIP. WFYC BOARD SECRETARY, ELINOR STEELE, IS EMPLOYED BY AN ORGANIZATION WITH WHICH RICK GOINGS AND SUSAN GOINGS ARE ASSOCIATED AS DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS FIRST REVIEWED BY MANAGEMENT, AND THEN DISTRIBUTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ANY POTENTIAL CONFLICTS ARE MONITORED ACTIVELY DURING BOARD MEETINGS OR DURING OTHER CONVERSATIONS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE UTILIZED EXTERNAL COMPENSATION SURVEYS AND OTHER FORM 990'S TO DETERMINE THE COMPENSATION AND THE PROCESS WAS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 153,580. MANAGEMENT AND GENERAL EXPENSES 9,220. FUNDRAISING EXPENSES 6,850. TOTAL EXPENSES 169,650. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 30,188. MANAGEMENT AND GENERAL EXPENSES 46,062. FUNDRAISING EXPENSES 18,000. TOTAL EXPENSES 94,250. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A FINANCE AND AUDIT COMMITTEE THAT ASSUMES RESPONSBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AUDITORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.