2025-11-17T21:42:56-06:00 2024-12-31 993095602 FISCAL COMPLIANCE ASSUR TAX ADV SVCS LLC 1 BUTTERNUT AVENUE PEABODY MA 01960 990 2024-01-01 270176563 SCHOOL THE WORLD INC SCHO 6178679500 109 STATE STREET 403 BOSTON MA 02109 MARY KATE CURRAN FOUNDER AND CEO 6178679500 2025-11-17 1 0 GREG ROGERS P01278154 9783955759 X 2024 2025-03-06 01:10:19Z MARY KATE CURRAN 109 STATE STREET STE 403 BOSTON MA 02109 3221877 0 X WWW.SCHOOLTHEWORLD.ORG X 2009 CT SCHOOL THE WORLD IS COMMITTEED TO SOLVING EXTREME POVERTY THROUGH THE POWER OF EDUCATION. USING A GRASSROOTS MODEL, WE UNITE COMMUNITY LEADERS, PARENTS, AND TEACHERS TO COMBAT FAILING SCHOOL SYSTEMS, IMPROVE LEARNING OUTCOMES, AND DISRUPT GENERATIONAL POVERTY. 12 12 5 5 0 0 2214747 3184654 0 0 8319 222 -99567 -138790 2123499 3046086 0 0 0 0 936459 905112 38500 0 28758 1551385 2144936 2526344 3050048 -402845 -3962 484987 440475 382111 332448 102876 108027 X SCHOOL THE WORLD IS COMMITTED TO SOLVING EXTREME POVERTY THROUGH THE POWER OF EDUCATION. USING A GRASSROOTS MODEL, WE UNITE COMMUNITY LEADERS, PARENTS, AND TEACHERS TO COMBAT FAILING SCHOOL SYSTEMS, IMPROVE LEARNING OUTCOMES, AND DISRUPT GENERATIONAL POVERTY. 0 0 1688151 COMMUNITY PRIMARY SCHOOLS & LEARNING RECOVERYCREATING SAFE AND ENGAGING LEARNING SPACES AND EDUCATION THROUGH PROVEN METHODOLOGY. OUR FOUR-PILLAR PRIMARY SCHOOL MODEL ENSURES THAT CHILDREN NOT ONLY ATTEND SCHOOL BUT THRIVE. THIS PARTNERSHIP INITIALLY BEGINS WITH THE INFRASTRUCTURE OF VITAL CONCRETE CLASSROOMS THROUGH A 50 / 50 COST SHARING MODEL WITH LOCAL GOVERNMENTS. THIS MODEL ALSO ADDRESSES LONG TERM SUSTAINABILITY IN SCHOOL THE WORLD'S STRATEGY. OUR FIELD STAFF THEN IMPLEMENTS WRAP AROUND PROGRAMMING, SPANNING 5 YEARS, THAT FOCUSES ON PARENT EMPOWERMENT, TEACHER TRAINING, BOOKS AND LEARNING MATERIALS, AND PLAY. TO DATE, 161 SCHOOLS AND 91 PLAYGROUNDS HAVE BEEN BUILT WITHIN RURAL GUATEMALA, HONDURAS AND PANAMA. IN 2024, 31 NEW COMMUNITIES AND 5-YEAR PARTNERSHIPS WERE ESTABLISHED. THIS MODEL ALSO INCLUDES OVER 12,000 ACTIVE PARENTS, 8,275 TEACHERS AND OVER 15,000 STUDENTS. 945 LIBRARIES HAVE ALSO BEEN CREATED HOUSING 66,489 BOOKS. IN 2022,THE ORGANIZATION ADDED ITS ACCELERATED LEARNING RECOVERY PROGRAM TO OUR CORE COMMUNITY SCHOOL PROGRAMMING. THIS ADDITION HAS BEEN RECOGNIZED AS ONE OF THE 100 MOST IMPACTFUL EDUCATION INTERVENTIONS IN THE WORLD BY HUNDRED.ORG-FOCUSES ON STUDENTS MOST AFFECTED BY THE PANDEMIC'S IMPACT ON EDUCATION. TRAINED COMMUNITY-BASED TUTORS HAVE WORKED WITH OVER 7,300 STUDENTS IN GUATEMALA, HONDURAS, AND PANAMA. USING PLAY-BASED, SMALL GROUP SESSIONS, THEY HELP CHILDREN REGAIN LOST SKILLS IN READING AND MATH. 614458 STUDENT SERVICE LEARNING PROGRAMEMPOWERING THE NEXT GENERATION THROUGH SERVICE LEARNING. FOR MORE THAN A DECADE, SCHOOL THE WORLD'S IMMERSIVE STUDENT SERVICE LEARNING PROGRAM HAS PROVIDED HIGH SCHOOL STUDENTS FROM ACROSS THE UNITED STATES WITH A LIFE-CHANGING OPPORTUNITY TO STEP INTO COMMUNITIES IN GUATEMALA, PANAMA, AND HONDURAS, WORK ALONGSIDE LOCAL FAMILIES, AND ACTIVELY BUILD SCHOOLS THAT WILL SERVE FUTURE GENERATIONS. THESE TRANSFORMATIONAL EXPERIENCES DO MORE THAN CREATE CLASSROOMS AND PLAYGROUNDS-THEY BUILD EMPATHY, GLOBAL AWARENESS, AND LIFELONG CONNECTIONS. BY STEPPING OUTSIDE THEIR COMFORT ZONES, STUDENTS DEVELOP A DEEP APPRECIATION FOR SERVICE, SEEING FIRSTHAND HOW THEIR WORK IMPACTS CHILDREN, FAMILIES, AND ENTIRE COMMUNITIES. IN 2024, 212 STUDENTS ACROSS 9 STATES CONSTRUCTED TWELVE CLASSROOMS AND FIVE PLAYGROUNDS. THE LEGACY OF THIS IMPACT SPANS 1,314 ALL TIME HIGH SCHOOL PARTICIPANTS WHO HAVE FUNDED AND BUILT 67 SCHOOLS AND 41 PLAYGROUNDS. 171291 LOWER SECONDARY SCHOOLEXPANDING EDUCATIONAL ACCESS. FOR MANY STUDENTS, CONTINUING THEIR EDUCATION PAST SIXTH GRADE IS NOT AN OPTION DUE TO FINANCIAL OR GEOGRAPHICAL BARRIERS. TO ENSURE THAT STUDENTS HAVE A PATH FORWARD TO CONTINUE THEIR EDUCATION, SCHOOL THE WORLD OFFERS SCHOLARSHIPS TO TRADITIONAL SECONDARY SCHOOLS (7TH, 8TH, AND 9TH GRADES) AND ALTERNATIVE EDUCATION PROGRAMS FOR WORKING YOUTH TO CONTINUE THEIR EDUCATION WITH INDEPENDENT STUDY AND CLASSES ONCE PER WEEK. OUR TEAM ALSO WORKS WITH THESE STUDENTS THROUGH A SERIES OF TRAININGS AND MENTORSHIPS FOCUSED ON LIFE SKILLS. TO DATE, THE DROPOUT RATE OF STUDENTS PARTICIPATING IN THESE OPPORTUNITIES IS 4.8%. SCHOOL THE WORLD RESERVES 70% OF SCHOLARSHIPS TO TRADITIONAL SECONDARY SCHOOLS FOR GIRLS, ENSURING GREATER GENDER EQUITY. BY THE END OF 2024, 959 MIDDLE SCHOOLS SCHOLARSHIPS HAVE BEEN AWARDED AND 1,403 ALTERNATIVE EDUCATION STUDENTS ENROLLED. 180777 CORPORATE SERVICE TRIPSA TRANSFORMATIONAL EXPERIENCE IN GIVING BACK. FOR THE PAST SEVEN YEARS, SCHOOL THE WORLD'S CORPORATE SERVICE PROGRAM HAS PROVIDED PROFESSIONALS WITH AN OPPORTUNITY TO STEP OUTSIDE THEIR DAILY ROUTINES AND IMMERSE THEMSELVES IN A HIGH-IMPACT, HANDS-ON SERVICE EXPERIENCE. THESE TRIPS TRANSCEND CORPORATE SOCIAL RESPONSIBILITY (CSR) INITIATIVES-THEY ARE DEEPLY MOVING JOURNEYS THAT FOSTER LEADERSHIP, TEAMWORK, AND GLOBAL AWARENESS WHILE MAKING A TANGIBLE, LASTING IMPACT ON COMMUNITIES IN GUATEMALA, HONDURAS,AND PANAMA. PARTICIPANTS RETURN TO THEIR PROFESSIONAL LIVES NOT ONLY WITH STRONGER BONDS WITH THEIR COLLEAGUES BUT ALSO WITH A PROFOUND APPRECIATION FOR THE POWER OF EDUCATION AND COMMUNITY-DRIVEN CHANGE. IN 2024, 28 PARTICIPANTS FROM 6 COMPANIES CONSTRUCTED TWO CLASSROOMS AND A PLAYGROUND IN NGBE BUGL, PANAMA. TO DATE, OVER 142 CORPORATE PARTICIPANTS HAVE WORKED ALONGSIDE LOCAL FAMILIES TO CREATE LASTING EDUCATIONAL INFRASTRUCTURE.EARLY CHILDHOOD PROGRAMLAYING THE FOUNDATION FOR LEARNING. LAUNCHED IN 2020 IN GUATEMALA, OUR EARLY CHILDHOOD PROGRAM ENSURES THAT CHILDREN AGED 0 TO 6 YEARS DEVELOP ESSENTIAL COGNITIVE, MOTOR, AND LANGUAGE SKILLS TO BE READY FOR FIRST GRADE. THIS PROGRAM IS MANAGED THROUGH A COMMUNITY-BASED APPROACH WHERE PARENTS, COMMUNITY VOLUNTEERS, AND LOCAL LEADERS PLAY A KEY ROLE IN DESIGNING THE PROGRAM'S IMPLEMENTATION. SELECTED COMMUNITY MEMBERS RECEIVE TRAINING IN EARLY CHILDHOOD DEVELOPMENT AND PARENTS ATTEND BI-MONTHLY TRAININGS TO SUPPORT THEIR CHILD'S EARLY LEARNING. SCHOOL THE WORLD ALSO TRAINS PREPRIMARY TEACHERS TO DEVELOP CRITICAL PRE-LITERACY SKILLS. IN 2024, THIS PROGRAM EXPANDED INTO HONDURAS AND HAS IMPACTED 2,298 CHILDREN BETWEEN THE TWO COUNTRIES. GENERAL PROGRAM EXPENSESSCHOOL THE WORLD'S GENERAL PROGRAM EXPENSES INCLUDE KEY OPERATING EXPENDITURES REQUIRED FOR EXECUTING OUR MISSION AND EDUCATIONAL INITIATIVES AND ARE NOT DIRECTLY TIED TO ONE SPECIFIC PROGRAM. THIS INCLUDES, BUT IS NOT LIMITED TO, SCHOOL AND PLAYGROUND CONSTRUCTION COSTS, REGIONAL AND COUNTRY-SPECIFIC MANAGEMENT POSITIONS, ASSOCIATED TRAVEL AND OVERSIGHT EXPENSES, OFFICE RENT AND SUPPLIES. 180777 2654677 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 2 0 1 5 1 0 1 GT HO PM 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA CT CA X X X PKF O'CONNOR DAVIES 8602571870 100 GREAT MEADOW ROAD WETHERSFIELD CT 06109 JOSEPH CRONIN DIRECTOR 1.00 X 0 0 0 JAMES PELUSI DIRECTOR 1.00 X 0 0 0 KEITH CLAUSEN DIRECTOR 1.00 X 0 0 0 MEREDITH MASSARO DIRECTOR 1.00 X 0 0 0 MERRILY BODELL BOARD CHAIR/DIRECTOR 1.00 X X 0 0 0 ANDREA HOFF DIRECTOR 1.00 X 0 0 0 NICOLE SAHIN DIRECTOR 1.00 X 0 0 0 SPIROS GIANNAROS DIRECTOR 1.00 X 0 0 0 JIM AHERN DIRECTOR (4/8/24 ONWARD) 1.00 X 0 0 0 IAN BELINSKY TREASURER(4/8/24 ONWARD)/DIRECTOR 1.00 X X 0 0 0 CHRISTINE LATHURAS SECRETARY (DECEMBER 2024 ONWARD) 1.00 X X 0 0 0 MICHAEL TASSINARI DIRECTOR (DECEMBER 2024 ONWARD) 1.00 X 0 0 0 MARY KATE CURRAN FOUNDER & CEO 60.00 X 173808 0 14196 NATALIE HAMBOR CO-CHIEF OPERATING OFFICER 40.00 X 102000 0 960 275808 0 15156 2 0 1 0 0 429431 2755223 422887 3184654 222 222 37001 429431 175791 -138790 -138790 3046086 0 0 -138568 188004 75202 94002 18800 611092 534377 76583 132 46615 24724 20361 1530 59401 46001 12051 1349 20290 20243 47 30703 30703 24414 8017 16397 7223 1731 5492 6535 2450 4085 50120 25057 22632 2431 53694 33132 17443 3119 106459 93606 12832 21 33043 33043 9089 4994 4095 CONSTRUCTION MATERIALS 742399 742399 STUDENT TRIP EXPENSES 485995 485995 SCHOOL RESOURCES/STUDEN 372145 372145 CORPORATE SERVICE TRIP 64891 64891 137936 119713 16847 1376 3050048 2654677 366613 28758 145256 59572 251759 304023 87972 43063 19040 19040 0 0 0 33817 484987 440475 37119 59402 344992 251229 0 21817 382111 332448 X 65376 -393460 37500 501487 102876 108027 484987 440475 X -3962 9113 X X 0 1 X 1 0 X 1727297 1487507 2082990 2254248 3163079 10715121 1727297 1487507 2082990 2254248 3163079 10715121 626941 10088180 433 8514 8319 222 17488 10732609 0.94000 0.94220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19040 19040 0 0 SECURITY DEPOSIT 8800 ROU OPERATING LEASE ASSET 25017 33817 RIGHT OF USE OPERATING LEASE LIABILITY 21817 21817 X 3166019 5000 114933 119933 3046086 0 3046086 3160868 5000 105820 110820 3050048 0 3050048 PART X, LINE 2: THE ORGANIZATION'S ACTIVITIES ARE DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, ITS INCOME IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES. MANAGEMENT HAS EVALUATED ALL INCOME TAX POSITIONS AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN POSITIONS ARE REQUIRED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION FILES FEDERAL FORM 990 ANNUALLY AND ALSO FILES AN ANNUAL REPORT IN THE STATES OF MASSACHUSETTS AND CONNECTICUT. THE STATUTE OF LIMITATIONS FOR THESE JURISDICTIONS IS GENERALLY THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX RETURNS SINCE THE YEAR ENDED DECEMBER 31, 2021 REMAIN OPEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON FOREIGN CURRENCY EXCHANGE 9,113. FUNDRAISING EVENT DIRECT EXPENSES 105,820. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT DIRECT EXPENSES 105,820. CENTRAL AMERICA AND THE CARIBBEAN 3 33 PROGRAM SERVICES EDUCATIONAL RESOURCES 1555316 3 33 0 0 3 33 1555316 0 1555316 0 0 0 0 0 0 FUNDRAISING GALA (MOONSHOT GALA) 466432 429431 37001 13000 64222 5569 93000 466432 429431 37001 13000 64222 5569 93000 175791 -138790 X X X X 0 0 0 0 0 0 0 0 0 MARY KATE CURRAN FOUNDER & CEO 173808 0 0 0 0 0 0 0 14196 0 188004 0 0 0 X DONATED CONSTRUCTION MATERIALS 59 422887 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JOSEPH CRONIN AND KEITH CLAUSEN HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THEIR INVOLVEMENT WITH THE SCHOOL THE WORLD BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY REVIEWS FORM 990 PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C SCHOOL THE WORLD'S CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED ON AN ANNUAL BASIS BY ALL MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 15A MARY KATE CURRAN, FOUNDER AND CEO, IS COMPENSATED FOR HER MANAGEMENT OF THE ORGANIZATION. DETERMINATION OF SALARY IS BASED ON THE DEVELOPMENT AND REVIEW OF A SALARY SURVEY AND FINAL APPROVAL OF COMPENSATION IS GRANTED BY THE GOVERNING BODY. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OR ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST OR ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY EXCHANGE GAIN 9,113. 990 PART XII, QUESTION 2C THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. SCHOOL THE WORLD INC RESIDENCIALES VALLE VERDE LOTE A07 SANTA CRUZ DEL QUICH EL QUICHE GT FURTHER THE MISSION OF SCHOOL THE WORLD IN GUATEMALA GT SCHOOL THE WORLD INC 1 SCHOOL THE WORLD INC COLONIA LA PRADERA AVENIDA LAS COL TEGUCIGALPA FRANCISCO MORAZAN HO FURTHER THE MISSION OF SCHOOL THE WORLD IN HONDURAS HO SCHOOL THE WORLD INC 1 SCHOOL THE WORLD FOUNDATION REA COWORK FINCA 1203 LOCAL 4B E DAVID PROVINCIA DE CHIR PM FURTHER THE MISSION OF SCHOOL THE WORLD IN PANAMA PM SCHOOL THE WORLD INC 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHOOL THE WORLD INC (GUATEMALA) B 863776 P&L REPORTS/BANK STMTS. SCHOOL THE WORLD INC (HONDURAS) B 402793 P&L REPORTS/BANK STMTS. SCHOOL THE WORLD FOUNDATION (PANAMA) B 288747 P&L REPORTS/BANK STMTS.