2014-05-07T14:42:59-05:00 2013-06-30 042842388 HUGHES AND COMPANY PC ONE WEST FOSTER STREET MELROSE MA 02176 990 2012-07-01 043529016 WORLD COMPUTER EXCHANGE INC WORL 7819253078 936 NANTASKET AVENUE HULL MA 02045 TIMOTHY ANDERSON 7819253078 2014-04-28 1 JOHN S MCNAMARA P00530211 7816657100 2012 2015-11-30 17:44:51Z TIMOTHY ANDERSON 936 NANTASKET AVENUE HULL MA 02045 787800 0 X WORLDCOMPUTEREXCHANGE.ORG X 2000 MA TO REDUCE THE DIGITAL DIVIDE FOR YOUTH IN DEVELOPING COUNTRIES; TO USE A 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. 15 14 0 400 0 0 437136 639289 0 0 0 16653 -441621 -519233 -4485 136709 0 0 0 0 85888 95786 0 0 8080 53383 33849 139271 129635 -143756 7074 599885 606677 547726 560590 52159 46087 TO REDUCE THE DIGITAL DIVIDE FOR YOUTH IN DEVELOPING COUNTRIES; TO USE A 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 89470 PROVIDED LOW-COST DONATED COMPUTERS, NETWORK GEAR AND SOFTWARE TO DEVELOPING COUNTRIES TO CONNECT YOUNG PEOPLE TO THE INTERNET YEARS FASTER THAN OTHERWISE POSSIBLE. 89470 1 1 0 0 0 0 0 0 0 0 0 0 0 1 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 2 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X X ORGANIZATION 7819253078 936 NANTASKET AVE HULL MA 02045 THOMAS M GRAHAM 7.00 X X 0 0 0 TIMOTHY ANDERSON 60.00 X X 0 0 25785 KEVIN J HULL 2.50 X X 0 0 0 MARK MILLER 1.00 X X 0 0 0 JANET AUMAN 1.00 X 0 0 0 EUGENIO MADERO 1.00 X 0 0 0 DAVID LOZANO 1.00 X 0 0 0 KARIM JAMAL 1.00 X 0 0 0 WAYNE FRITZ 1.00 X 0 0 0 RICHARD GRINGAS 1.00 X 0 0 0 MILLIE LIGGINS 1.00 X 0 0 0 ROBB RILL 1.00 X 0 0 0 PETER HELLMONDS 1.00 X 0 0 0 EMMA SHERCLIFF 1.00 X 0 0 0 STEPHEN WOOD 1.00 X 0 0 0 0 0 25785 0 0 0 0 0 639289 425012 639289 5 5 89231 72583 16648 16648 16648 59275 578508 -519233 -519233 136709 0 0 -502580 65786 52627 6579 6580 30000 18000 10500 1500 6000 6000 3770 3770 3865 859 3006 12000 6000 6000 1427 1427 2533 2533 2848 2848 BAD DEBT EXPENSE 1406 1406 129635 89470 32085 8080 273 3314 26075 1348 13060 14032 536550 488775 2016 2016 21911 8764 0 88428 599885 606677 17521 24583 528205 536007 2000 547726 560590 X -10095 -79601 62254 125688 52159 46087 599885 606677 7074 -13146 0 X 0 1 X 1 0 X 269532 632020 372812 437136 639289 2350789 269532 632020 372812 437136 639289 2350789 0 0 0 2350789 269532 632020 372812 437136 639289 2350789 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CASH RESTRICTED FOR INTERNSHIP 88428 88428 X 449835 322479 -9353 313126 136709 0 136709 442761 322479 -9353 313126 129635 0 129635 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2013, THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. INFORMATION RETURNS FILED FOR THE YEARS ENDED JUNE 30, 2012, 2011 AND 2010 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 USE OF FACILITIES INCLUDED IN COST OF SALES ON FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: DONATED USE OF FACILITIES INCLUDED IN COST OF SALES ON THE FINANCIAL STMTS OTHER REVENUE AND EXPENSES NOT INCLUDED ON FORM 990 ARE TO RECONCILE THE FACT THAT THE DONATED USE OF FACILITIES IS INCLUDED IN THE COST OF SALES LINE ITEM ON THE FINANCIAL STATEMENTS. 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, BUT 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 536007 0 1 1 536007 X COMPUTERS 2386 425012 FAIR MARKET VALUE OF COMPUTERS DONATED 0 0 0 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.