2017-05-15T10:39:10-05:00 2016-06-30 042842388 HUGHES AND COMPANY PC ONE WEST FOSTER STREET MELROSE MA 02176 990 2015-07-01 043529016 WORLD COMPUTER EXCHANGE INC WORL 7819253078 936 NANTASKET AVENUE HULL MA 02045 TIMOTHY ANDERSON PRESIDENT 7819253078 2017-05-10 1 JOHN S MCNAMARA P00530211 7816657100 2015 2021-01-29 14:40:06Z TIMOTHY ANDERSON 936 NANTASKET AVENUE HULL MA 02045 499924 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 0 800 0 0 443453 415679 0 0 5005 15883 -164700 -360610 283758 70952 0 0 0 0 75823 77683 0 0 6268 61055 51270 136878 128953 146880 -58001 986868 950221 567372 609565 419496 340656 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 89756 IN FY16, WCE SHIPPED 1300 COMPUTERS TO 130 SCHOOLS IN 11 DEVELOPING COUNTRIES. OVER 200 VOLUNTEERS IN WCE'S 10 CHAPTERS HAD REFURBISHED THE COMPUTERS AND LOADED THE HARD DRIVES WITH EDUCATIONAL PROGRAMS AND PREPARED THEM FOR SHIPPING. THE SCHOOLS RECEIVING THE EQUIPMENT ESTIMATE THAT THE EQUIPMENT WILL SERVE 49,000 STUDENTS PER YEAR. WCE BEGAN IMPLEMENTING ITS FIELD ASSOCIATE INITIATIVE BY HIRING ON A FEE BASIS 9 FIELD ASSOCIATES IN 9 DEVELOPING COUNTRIES. 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 COMPUTERS FOR GIRLS INITIATIVE TO DEVELOP SOME RESOURCES FOR OUR PARTNER SCHOOLS TO USE TO ENCOURAGE GIRLS TO STAY IN SCHOOL AND PURSUE CAREERS IN TECHNOLOGY. 89756 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 0 0 0 1 0 0 0 0 0 0 0 0 1 4 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 X X X ORGANIZATION 7819253078 936 NANTASKET AVE HULL MA 02045 MARK MILLER PRESIDENT 7.00 X X 0 0 0 TIMOTHY ANDERSON CEO 60.00 X X 0 0 7683 WAYNE FRITZE TREASURER 2.50 X X 0 0 0 ANNE BURNS DIRECTOR 1.00 X 0 0 0 RICHARD GINGRAS DIRECTOR 1.00 X 0 0 0 ROBB RILL DIRECTOR 1.00 X 0 0 0 PETER HELLMONDS DIRECTOR 1.00 X 0 0 0 JEREMY GRIFFITHS DIRECTOR 1.00 X 0 0 0 0 0 7683 0 0 0 0 0 415679 302403 415679 15883 15883 68362 428972 -360610 -360610 70952 0 0 -344727 47683 38147 4768 4768 30000 18000 10500 1500 6600 6600 507 507 5613 552 5061 12000 6000 6000 5692 5692 5774 5774 LICENSING FEES 7696 7696 DISPOSAL 4184 4184 BAD DEBTS 1604 1604 MISCELLANEOUS 1600 1600 128953 89756 32929 6268 7168 5201 1397 21774 21544 19044 867275 819825 2016 2016 87468 82361 986868 950221 29855 33467 537517 576098 567372 609565 X 337787 256187 81709 84469 419496 340656 986868 950221 -58001 -20839 0 X 0 1 X 1 0 X 437136 639289 384466 443453 415679 2320023 437136 639289 384466 443453 415679 2320023 0 0 0 2320023 5 37 5005 15883 20930 5 37 5005 15883 20930 437136 639294 384503 448458 431562 2340953 0.99110 0.99780 0.00890 0.00220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 380302 309350 309350 70952 0 70952 459142 309350 20839 330189 128953 0 128953 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, 2016, THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. INFORMATION RETURNS FILED FOR THE YEARS ENDED JUNE 30, 2015, 2014 AND 2013 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 XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INVESTMENT 20,839. CENTRAL AMERICA AND THE CARRIBEAN 0 0 PROGRAM SERVICES PROVIDED LOW COST DONATED COMPUTERS SUB-SAHARAN AFRICA - ANGOLA, 0 0 PROGRAM SERVICES 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 PRESIDENT PROGRAM SUPPORT DURING PERIODS OF POOR CASH FLOW X 537117 576098 0 1 1 576098 X COMPUTERS 1715 300125 FAIR MARKET VALUE OF 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF COMPUTERS DONATED. 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 11 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.