Nonprofit · EIN 14-1670279
WORLD EXCHANGE LTD
Tax-exempt · PUTNAM VALLEY, NY 10579
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $44,643 | $37,731 | $6,912 | $2,908 | $155,073 | -$152,165 |
| December 31, 2023 | 990 | $36,605 | $29,183 | $7,422 | $2,717 | $161,794 | -$159,077 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,000
- Program service revenue
- $34,643
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,025
- Occupancy
- $9,000
- Travel
- $403
- Program services (functional)
- $34,466
- Management and general (functional)
- $3,265
Balance sheet and other
- Total assets, start of year
- $2,717
- Total assets, end of year
- $2,908
- Total liabilities, end of year
- $155,073
- Net assets, end of year
- -$152,165
- Net assets without donor restrictions
- -$152,165
- Gross receipts
- $44,643
- Employees
- 0
- Year formed
- 1985
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VERA SKLAAR | PRESIDENT Officer | 5 | $0 |
| VERA SKLAAR | TREASURER Officer | 3 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VERA SKLAAR | PRESIDENT Trustee or director, Officer | 10 | $0 |
| VERA SKLAAR | TREASURER Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 7 WHITE BIRCH RD, PUTNAM VALLEY, NY 10579-2242
- Mailing address (990-N for 2025)
- 7 WHITE BIRCH ROAD, PUTNAM VALLEY NY 10579
- Principal officer (990 for 2024)
- VERA SKLAAR, 7 WHITE BIRCH ROAD, PUTNAM VALLEY, NY 10579
- Principal officer (990-N for 2025)
- VERA SKLAAR, 7 WHITE BIRCH ROAD, PUTNAM VALLEY NY 10579
- Signed the 990
- VERA SKLAAR, PRESIDENT
- Phone
- (845) 526-2505
- Website
- WORLDEXCHANGE.ORG
- Return prepared by
- COOPER ARIAS LLP
Mission
TO FOSTER WORLD PEACE BY BRINGING TOGETHER PEOPLE OF DIFFERENT NATIONALITIES FOR INTERNATION STUDENT EXCHANGE.
Program accomplishments
- ARRANGED FOR PEOPLE FROM FOREIGN COUNTRIES TO LIVE WITH A HOST FAMILY, USUALLY FOR A FOUR WEEK PERIOD IN THE UNITED STATES. SERVICE WAS PROVIDED TO 19 STUDENTS DURING 2024.Expenses $34,466 · revenue $34,643
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1670279
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- International, foreign affairs and national security (Q220)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: VERA SKLAAR | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2024 | $44,643 | $37,731 | $2,908 | XML |
| 990 | December 2023 | $36,605 | $29,183 | $2,717 | XML |
| 990 | December 2022 | $37,855 | $35,159 | $5,723 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1670279).
Questions about WORLD EXCHANGE LTD
- What is the EIN of WORLD EXCHANGE LTD?
- The employer identification number (EIN) of WORLD EXCHANGE LTD is 14-1670279.
- Is WORLD EXCHANGE LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to WORLD EXCHANGE LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WORLD EXCHANGE LTD file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of WORLD EXCHANGE LTD due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WORLD EXCHANGE LTD last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of WORLD EXCHANGE LTD?
- The 990 for the year ended December 31, 2024 names VERA SKLAAR.
- Who are the officers and directors of WORLD EXCHANGE LTD?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does WORLD EXCHANGE LTD have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $44,643, expenses of $37,731 and total assets of $2,908 at year end.
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All nonprofits in PUTNAM VALLEY · New York · International, foreign affairs and national security