2012-11-21T13:26:50-06:00 2012-06-30 381337372 BEENE GARTER LLP 56 GRANDVILLE AVE SW SUITE 100 GRAND RAPIDS MI 495034036 990 2011-07-01 383293173 PARTNERS WORLDWIDE PART 6168184913 6139 TAHOE DRIVE SE GRAND RAPIDS MI 495467126 WILLIAM BROWN 6168184913 2012-11-14 1 MARGARET W BISHOP CPA P00295096 6162355200 2011 2016-02-24 21:20:13Z WILLIAM BROWN 6139 TAHOE DRIVE SE GRAND RAPIDS MI 49546 4454618 0 X WWW.PARTNERSWORLDWIDE.ORG X 1997 MI CONNECTING BUSINESS AND PROFESSIONAL PEOPLE IN GLOBAL PARTNERSHIPS FOCUSED ON BUSINESS GROWTH AND JOB CREATION WHICH TRANSFORM THE LIVES OF ALL INVOLVED. 15 15 19 162 0 0 3464246 4381633 113359 28537 97476 36405 5007 3030 3680088 4449605 1050862 1025776 0 0 1234421 650118 0 0 349310 1027268 1711652 3312551 3387546 367537 1062059 4312331 5534224 208355 417264 4103976 5116960 CONNECTING BUSINESS AND PROFESSIONAL PEOPLE IN GLOBAL PARTNERSHIPS FOCUSED ON BUSINESS GROWTH AND JOB CREATION WHICH TRANSFORM THE LIVES OF ALL INVOLVED. 0 0 2775089 1025776 31567 PARTNERS WORLDWIDE BUILDS RELATIONAL PARTNERSHIPS BETWEEN BUSINESS PEOPLE AROUND THE WORLD FOCUSED ON BUSINESS GROWTH AND JOB CREATION TO ALLEVIATE POVERTY. PARTNERS WORLDWIDE PROVIDES FACILITATION SUPPORT TO THESE PARTNERSHIPS THROUGH A MODEL OF MENTORING, TRAINING, LOAN CAPITAL AND ADVOCACY. THE PARTNERSHIPS HAVE RESULTED IN THE CREATION OF 2,800 JOBS IN 2011 / 12 AND THE RETENTION OF 30,000 JOBS. 2775089 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 13 0 1 19 1 0 1 NU KE UG 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X X WILLIAM BROWN 6168184913 6139 TAHOE DRIVE SE GRAND RAPIDS MI 49546 ROB TRIBKEN 5.00 X X 0 0 0 KATHIE HOEKSTRA 2.00 X X 0 0 0 RON DAVID 2.00 X X 0 0 0 DALE ANDRINGA 5.00 X X 0 0 0 ROGER BAIRSTOW 2.00 X 0 0 0 AL CAPERNA 2.00 X 0 0 0 BING GOEI 2.00 X 0 0 0 BRAD HAVERKAMP 2.00 X 0 0 0 SANDY JOHNSON 2.00 X 0 0 0 PETER SCHAAFSMA 2.00 X 0 0 0 ROBERTO MATUS 2.00 X 0 0 0 JIM TUINSTRA 2.00 X 0 0 0 JACK VANDERPLOEG 2.00 X 0 0 0 KEN VANGILST 2.00 X 0 0 0 ROY ZUIDEMA 2.00 X 0 0 0 DON BYKER 2.00 X 0 0 0 DOUG SEEBECK 50.00 X 93974 0 22958 WILLIAM BROWN 50.00 X 52881 0 17019 146855 0 39977 0 0 0 0 0 4381633 4381633 EVENTS AND CONFERENCES 900099 28537 28537 28537 36418 36418 5000 5013 -13 -13 -13 BOOK SALES 900099 2930 2930 MISCELLANEOUS 900099 100 100 3030 4449605 31567 0 36405 24835 24835 1000941 1000941 183455 85068 56669 41718 355485 243285 41831 70369 12661 7139 3658 1864 59358 26658 9704 22996 39159 24470 6748 7941 17660 17660 17945 13575 4370 11534 6373 5161 72084 18994 11201 41889 21294 461 2366 18467 61530 10017 23730 27783 14283 3083 11200 15553 15553 33994 22324 1040 10630 94541 1554 8947 84040 42777 42777 9093 9093 INTERNATIONAL FIELD SUP 1168328 1168328 UNITED STATES FIELD SUP 124887 124887 DUES AND SUBSCRIPTIONS 2887 401 2270 216 MISCELLANEOUS 1942 1932 10 1320 220 434 666 3387546 2775089 263147 349310 503979 18723 1352132 379668 280245 60065 53674 354351 19831 22302 986952 111235 912828 875717 965883 859984 1027077 1101386 443000 615710 4312331 5534224 208355 115597 1667 300000 208355 417264 X 2268951 2654465 1835025 2462495 4103976 5116960 4312331 5534224 X 1062059 -49075 X X 0 1 1 X 0 X 2653074 4695412 3802675 3464246 4381633 18997040 2653074 4695412 3802675 3464246 4381633 18997040 3936714 15060326 93992 59243 42788 25180 36418 257621 11392 45151 35385 5007 3030 99965 19354626 442219 0.77810 0.75410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 350000 350000 529421 53952 475469 107531 57283 50248 875717 BARNABAS CT BALANCED FUND 1101386 F 1101386 INVESTMENT IN AFFILIATE 615710 615710 4449605 3387546 1062059 -49075 -49075 1012984 4829406 -49075 428876 379801 4449605 0 4449605 3816422 428876 428876 3387546 0 3387546 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT PARTNERS WORLDWIDE, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). TAX POSITIONS TAKEN ARE ASSESSED FOR UNCERTAINTY AND A PROVISION MAY BE RECORDED IF A TAX POSITION IS NOT LIKELY TO BE SUSTAINED UPON EXAMINATION. WITH LIMITED EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO TAX AUDITS BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO 2008. 1 CENTRAL AMERICA 3 4 PROGRAM SERVICES JOB CREATION 349547 SOUTH AMERICA 1 1 PROGRAM SERVICES JOB CREATION 18692 SOUTH ASIA 1 1 PROGRAM SERVICES JOB CREATION 58151 SUB-SAHARAN AFRICA 6 7 PROGRAM SERVICES JOB CREATION 716667 EAST ASIA 1 1 PROGRAM SERVICES JOB CREATION 25271 12 14 0 0 12 14 1168328 0 1168328 CENTRAL AMERICA COMMUNITY DEVELOPMENT 19000 WIRE TRANSFER CENTRAL AMERICA JOB CREATION 27500 WIRE TRANSFER CENTRAL AMERICA JOB CREATION 32500 WIRE TRANSFER CENTRAL AMERICA BUSINESS DEVELOPMENT 25000 WIRE TRANSFER CENTRAL AMERICA AGRICULTURAL PROGRAMS 40000 WIRE TRANSFER SOUTH ASIA BUSINESS DEVELOPMENT 32350 WIRE TRANSFER SOUTH ASIA BUSINESS DEVELOPMENT 10000 WIRE TRANSFER SOUTH ASIA CLEAN WATER 5016 WIRE TRANSFER SUB-SAHARAN AFRICA BUSINESS DEVELOPMENT 173996 WIRE TRANSFER SUB-SAHARAN AFRICA WELL DRILLING 186547 WIRE TRANSFER SUB-SAHARAN AFRICA BUSINESS DEVELOPMENT 35750 WIRE TRANSFER SUB-SAHARAN AFRICA LITERACY AND AGRICULTURAL PROGRAMS 22346 WIRE TRANSFER SUB-SAHARAN AFRICA BUSINESS DEVELOPMENT 201525 WIRE TRANSFER SUB-SAHARAN AFRICA AGRICULTURAL DEVELOPMENT 35213 WIRE TRANSFER SUB-SAHARAN AFRICA BUSINESS DEVELOPMENT 12000 WIRE TRANSFER SUB-SAHARAN AFRICA COMMUNITY DEVELOPMENT 44000 WIRE TRANSFER SUB-SAHARAN AFRICA COMMUNITY DEVELOPMENT 10425 WIRE TRANSFER SUB-SAHARAN AFRICA PROGRAM RELATED LOAN FOR THE PURPOSE OF JOB CREATION 200000 WIRE TRANSFER SUB-SAHARAN AFRICA PROGRAM RELATED LOAN FOR THE PURPOSE OF JOB CREATION 100000 WIRE TRANSFER SUB-SAHARAN AFRICA PROGRAM RELATED LOAN FOR THE PURPOSE OF JOB CREATION 50000 WIRE TRANSFER SUB-SAHARAN AFRICA PROGRAM RELATED LOAN FOR THE PURPOSE OF JOB CREATION 20000 WIRE TRANSFER SUB-SAHARAN AFRICA MEDICAL SUPPORT 10000 WIRE TRANSFER 15 BUSINESS DEVELOPMENT SUB-SAHARAN AFRICA 1 28284 WIRE TRANSFER BUSINESS DEVELOPMENT SUB-SAHARAN AFRICA 1 6900 WIRE TRANSFER BUSINESS DEVELOPMENT SUB-SAHARAN AFRICA 1 16000 WIRE TRANSFER 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: METRICS ARE ENTERED QUARTERLY IN THE FIELD BY OUR AFFILIATES TO OUR ONLINE HUB. THE METRICS ARE THEN REVIEWED BY THE PARTNERSHIP MANAGER OF THE RESPECTIVE COUNTRY. NEXT, THE METRICS ARE REVIEWED AND APPROVED BY THE RESPECTIVE REGIONAL MANAGER. LASTLY, THEY ARE REVIEWED AND FINALIZED BY THE DIRECTOR OF GLOBAL PARTNERSHIPS. 1 SUNNYSIDE TRANSFORMATION YAKIMA VALLEY 201 S SEVENTH STREET SUNNYSIDE WA 98944 271275395 501(C)(3) 5000 BUSINESS TRAINING EPIPHEO STUDIOS 90 ALEXANDRIA PIKE SUITE 19-121 ST THOMAS KY 41075 8000 VIDEO PRODUCTION 1 FORM 990, PART VI, SECTION B, LINE 11 THE REVIEW PROCESS IS DELEGATED BY THE BOARD TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE AND THE FINANCE COMMITTEE REVIEW THE 990 AND REPORT TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED ANNUALLY WITH THE BOARD FORM 990, PART VI, SECTION B, LINE 15 ALL EMPLOYEES ARE REVIEWED ANNUALLY BY THEIR SUPERVISORS, WITH INPUT FROM THEIR PEERS, AND THE BOARD. THE PRESIDENT IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. COMPENSATION IS PROPOSED IN THE ANNUAL BUDGET BY THE MANAGEMENT TEAM BASED UPON REVIEWING PUBLISHED WAGES OF SIMILAR POSITIONS IN THE GEOGRAPHIC AREA, AND HAVING CONSIDERED THE FINANCIAL STATUS OF THE ORGANIZATION. THE BUDGET IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD, AND IF PASSED, FORWARDED TO THE BOARD FOR REVIEW AND APPROVAL. THE BUDGET, AS APPROVED BY THE BOARD, IS THE BASIS FOR STAFF COMPENSATION, SUBJECT TO THEIR PERFORMANCE REVIEWS. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT CAN BE DOWNLOADED FROM THE WEBSITE. THE WEBSITE ALSO STATES THAT OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -49,075. FORM 990, PART XII, LINE 2C THE BOARD HAS APPOINTED AN AUDIT COMMITTEE FOR OVERSIGHT OF THE PROCESS AND AUDITOR SELECTION PW ENTREPRENEURS L3C 6139 TAHOE DR SE GRAND RAPIDS MI 495467126 272381733 FURTHER THE ACCOMLISHMENT OF THE CHARITABLE PURPOSES OF PARTNERS WORLDWIDE MI PARTNERS WORLDWIDE RELATED -56592 392043 0 1 0.60300 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 PW ENTREPRENEURS L3C B 108710 CASH