2020-03-09T11:08:55-05:00 2019-06-30 042842388 HUGHES AND COMPANY PC ONE WEST FOSTER STREET MELROSE MA 02176 990 2018-07-01 043529016 WORLD COMPUTER EXCHANGE INC WORL 7819253078 936 NANTASKET AVENUE HULL MA 02045 TIMOTHY ANDERSON PRESIDENT 7819253078 2020-02-29 1 JOHN S MCNAMARA P00530211 7816657100 96.86.127.49 2020-02-29 09:50:07 ES P 52694BF806C43980FB8593C5E9AF1572C2273AB8 52694BF806C43980FB8593C5E9AF1572C2273AB8 2018 2020-09-23 17:36:50Z TIMOTHY ANDERSON 936 NANTASKET AVENUE HULL MA 02045 709062 0 X WORLDCOMPUTEREXCHANGE.ORG X 2000 MA THE MISSION OF WCE IS TO REDUCE THE DIGITAL DIVIDE FOR YOUTH IN DEVELOPING COUNTRIES; TO USE OUR GLOBAL NETWORK OF PARTNERSHIPS TO ENHANCE COMMUNITIES IN THESE COUNTRIES; AND TO PROMOTE THE REUSE OF ELECTRONIC EQUIPMENT AND ITS ULTIMATE DISPOSAL IN AN ENVIRONMENTALLY RESPONSIBLE MANNER. 8 7 1 700 0 0 632075 661780 0 0 7797 8043 -319886 -438038 319986 231785 0 0 0 0 136717 144102 0 0 12578 60454 65613 197171 209715 122815 22070 1202835 1276904 438106 385079 764729 891825 X THE MISSION OF WCE IS TO REDUCE THE DIGITAL DIVIDE FOR YOUTH IN DEVELOPING COUNTRIES; TO USE OUR GLOBAL NETWORK OF PARTNERSHIPS TO ENHANCE COMMUNITIES IN THESE COUNTRIES; AND TO PROMOTE THE REUSE OF ELECTRONIC EQUIPMENT AND ITS ULTIMATE DISPOSAL IN AN ENVIRONMENTALLY RESPONSIBLE MANNER. 0 0 157107 IN FY19, WCE DISTRIBUTED 1,119 COMPUTERS TO 60 SCHOOLS IN 15 DEVELOPING COUNTRIES. OVER 250 VOLUNTEERS IN OUR 5 CHAPTERS REFURBISHED THE COMPUTERS, LOADED THE HARD DRIVES WITH EDUCATIONAL PROGRAMS, AND PREPARED THEM FOR SHIPPING. THE SCHOOLS RECEIVING THE EQUIPMENT ESTIMATE THAT THE EQUIPMENT WILL SERVE 25,000 STUDENTS PER YEAR. WCE WORKS WITH 7 FIELD ASSOCIATE IN 7 DEVELOPING COUNTRIES ON A FEE BASIS. THEY WILL DEVELOP WCE CHAPTERS IN THOSE COUNTRIES, UTILIZING THE WCE PROCESSES TO COLLECT, REFURBISH, LOAD, AND DISTRIBUTE COMPUTERS TO LOCAL COMMUNITY SCHOOLS AND OTHER ORGANIZATIONS SERVING YOUTH. THEY WILL ALSO HELP OUR PARTNERS MAINTAIN THEIR COMPUTERS AND PROVIDE SOME TECHNICAL ASSISTANCE. WE ALSO CONTINUE TO SEEK SUPPORT FOR OUR INSPIRE GIRLS INITIATIVE TO DEVELOP SOME RESOURCES FOR OUR PARTNER SCHOOLS TO USE TO ENCOURAGE GIRLS TO STAY IN SCHOOL AND PURSUE CAREERS IN TECHNOLOGY. 157107 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA IL CA MD PR NY GA X X X ORGANIZATION 7819253078 936 NANTASKET AVE HULL MA 02045 TIMOTHY ANDERSON PRESIDENT 60.00 X X 0 0 7439 PETER HELLMONDS CHAIRMAN OF THE BOARD 7.00 X X 0 0 0 JEREMY GRIFFITHS TREASURER/VICE CHAIRMAN 7.00 X X 0 0 0 WAYNE FRITZE DIRECTOR 2.50 X X 0 0 0 RICHARD GINGRAS DIRECTOR 1.00 X 0 0 0 ROBB RILL VICE CHAIRMAN 1.00 X 0 0 0 JOSE ENRIQUE FERNANDEZ DIRECTOR 1.00 X 0 0 0 LISA DALE DIRECTOR 1.00 X 0 0 0 0 0 7439 0 0 0 0 0 661780 456210 661780 8043 8043 39239 477277 -438038 -438038 231785 0 0 -429995 95000 76000 9500 9500 35001 21000 12251 1750 7439 5951 744 744 6662 5003 1075 584 6800 6800 2798 2798 5417 1697 3720 18000 12060 5940 12725 12725 5619 5619 BAD DEBTS 7957 7957 PROGRAM DEVELOPMENT 6186 6186 MISCELLANEOUS 111 111 209715 157107 40030 12578 16336 13132 13941 4892 8046 0 1063325 1143125 2016 3516 99171 112239 1202835 1276904 21074 9297 417032 375782 438106 385079 X 663061 779849 101668 111976 764729 891825 1202835 1276904 X 22070 5026 100000 X 0 1 X 1 0 X 443453 415679 348393 632075 661780 2501380 443453 415679 348393 632075 661780 2501380 0 0 0 2501380 5005 15883 9315 7797 8043 46043 5005 15883 9315 7797 8043 46043 448458 431562 357708 639872 669823 2547423 0.98190 0.98320 0.01810 0.01680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 630336 5026 403425 -9900 398551 231785 0 231785 503240 303425 -9900 293525 209715 0 209715 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD WHICH REQUIRES THE ORGANIZATION TO REPORT UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF JUNE 30, 2019, THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. INFORMATION RETURNS FILED FOR THE YEARS ENDED JUNE 30, 2018, 2017 AND 2016 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE COMMONWEALTH OF MASSACHUSETTS. THE ORGANIZATION DOES NOT EXPECT THAT THE AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DONATED FACILITIES IN COST OF GOODS SOLD -9,900. PART XII, LINE 2D - OTHER ADJUSTMENTS: DONATED FACILITIES IN COST OF GOODS SOLD -9,900. CENTRAL AMERICA AND THE CARRIBEAN 0 0 PROGRAM SERVICES PROVIDED LOW COST DONATED COMPUTERS SUB-SAHARAN AFRICA - ANGOLA, 0 0 PROGRAM SERVICES 7 AGENTS PROVIDED LOW COST DONATED COMPUTERS NORTH AMERICA - CANADA AND MEXICO 0 0 PROGRAM SERVICES PROVIDED LOW COST DONATED COMPUTERS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TIMOTHY ANDERSON CEO PROGRAM SUPPORT DURING PERIODS OF POOR CASH FLOW X 537117 375782 0 1 1 375782 TIMOTHY ANDERSON CEO 18000 ORGANIZATION PAYS RENT TO CEO FOR STORAGE SPACE. AMOUNT IS APPROVED BY THE BOARD OF DIRECTORS. 0 X COMPUTERS 2600 455000 FAIR MARKET VALUE OF X SUPPLIES AND SHIPPING 1 1210 FAIR MARKET VALUE OF 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TIM ANDERSON, CEO AND PAMELA COONEY, CLERK ARE MARRIED FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO'S POWERS ARE LIMITED TO: (1)THE ANNUAL ELECTION OF APPROXIMATELY ONE THIRD OF THE BOARD OF DIRECTORS, (2)THE AMENDMENT OF THE BY-LAWS, (3)THE ELECTION OF UP TO 50 MEMBERS OF THE INTERNATIONAL ADVISORY COUNCIL TO THREE-YEAR TERMS, AND (4)HEARING AND ACCEPTING OF THE ANNUAL FINANCIAL REPORT OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO ELECT APPROXIMATELY ONE THIRD OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 PRIOR TO FILING FOR REVIEW, COMMENT AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND PRINCIPAL OFFICER OF WCE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT THE DIRECTOR HAS RECEIVED A COPY OF THIS POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND AGREES TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DISCUSSES AND APPROVES THE SALARY OF THE PRESIDENT WITH THE PRESIDENT ABSTAINING FROM THE VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: DONATION OF ACCRUED PAYROLL 100,000.