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Nonprofit · EIN 23-7183804

FRIENDS OF THE THIRD WORLD INC

Also known as JAMES F GOETSCH - PRES

Tax-exempt · FORT WAYNE, IN 46802

Financials

$190K$187K2022$187K$182K2023$229K$228K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE THIRD WORLD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$229,062$227,959$1,103$619,239$40,091$579,148
August 31, 2024990$187,426$182,276$5,150$615,037$36,992$578,045
August 31, 2023990$189,828$187,348$2,480$613,168$40,273$572,895
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$155,731
of which government grants
$11,963
Membership dues
$312
Program service revenue
$38,867
Investment income
$8,122
Net rental income
$13,955
Net income from fundraising events
$1,110
Net income from sales of inventory
$8,394
Other revenue
$26,342

Expenses

Grants and similar amounts paid
$127,908
Compensation of officers, directors and key employees
$6,400
Other salaries and wages
$10,088
Salaries, compensation and benefits (total)
$18,427
Professional fundraising fees
$0
Occupancy
$10,955
Travel
$4,718
Depreciation
$2,000
Program services (functional)
$220,705
Management and general (functional)
$6,191
Fundraising (functional)
$1,063

Balance sheet and other

Total assets, start of year
$615,037
Total assets, end of year
$619,239
Total liabilities, end of year
$40,091
Net assets, end of year
$579,148
Land, buildings and equipment
$261,836
Net assets without donor restrictions
$181,831
Net assets with donor restrictions
$397,317
Gross receipts
$266,003
Employees
7
Volunteers
75
Year formed
1972
State of legal domicile
IN

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMES F GOETSCHPRESIDENT/ADMINISTRATIVE COORDINATOR
Officer
60$6,000
TERRY DORANDIRECTOR/PROJECT COORDINATOR
Trustee or director
6$950
DOLORES IRWINDIRECTOR/PROJECT COORDINATOR
Trustee or director
3$0
BETSY KACHMARDIRECTOR
Trustee or director
3$0
ALYSSA LEEPERDIRECTOR
Trustee or director
4$0
DONNA CONKLINTREASURER
Officer
4$0
BETH SILKWORTHSECRETARY
Officer
2$0
990 for the year ended August 31, 2024: 12 people
NameTitleHours / weekCompensation
JAMES F GOETSCHPRESIDENT/ADMINISTRATIVE COORDINATOR
Officer
60$3,200
MARIAN R WALTZTREASURER
Officer
50$3,200
TERRY DORANDIRECTOR/PROJECT COORDINATOR
Trustee or director
15$1,200
PATTY HUNTERDIRECTOR
Trustee or director
15$1,000
MELODY SOELLINGERDIRECTOR
Trustee or director
10$240
DONNA CONKLINDIRECTOR
Trustee or director
4$0
DOLORES IRWINDIRECTOR/PROJECT COORDINATOR
Trustee or director
4$0
BETSY KACHMARDIRECTOR
Trustee or director
4$0
DAVID LAISUREINDIVIDUAL DIRECTOR
Trustee or director
2$0
ANDROMEDA MOREAUXINDIVIDUAL DIRECTOR
Trustee or director
2$0
ABBY NORDENINDIVIDUAL DIRECTOR
Trustee or director
2$0
BETH SILKWORTHSECRETARY
Officer
2$0
990 for the year ended August 31, 2023: 11 people
NameTitleHours / weekCompensation
JAMES F GOETSCHPRESIDENT/ADMINISTRATIVE COORDINATOR
Officer
60$2,400
MARIAN R WALTZTREASURER
Officer
50$2,400
TERRY DORANDIRECTOR/PROJECT COORDINATOR
Trustee or director
10$600
PATTY HUNTERDIRECTOR
Trustee or director
8$600
BETH SILKWORTHSECRETARY
Trustee or director
4$0
DAVID LOYADIRECTOR
Trustee or director
2$0
MELODY SOELLINGERDIRECTOR
Trustee or director
4$0
DONNA CONKLINDIRECTOR
Trustee or director
4$0
DAVID LAISUREDIRECTOR
Trustee or director
2$0
DOLORES IRWINDIRECTOR
Trustee or director
3$0
BETSY KACHMARDIRECTOR
Trustee or director
4$0

Address and contacts

Address (IRS master file)
611 W WAYNE ST, FORT WAYNE, IN 46802-2167
Principal officer (990 for 2024)
JAMES F GOETSCH, 611 W WAYNE STREET, Fort Wayne, IN 468022167
Signed the 990
JAMES GOETSCH, PRESIDENT
Phone
(260) 422-6821

Mission

to alleviate the root causes of poverty through self-help partnerships, and to educate and encourage citizens to take voluntary action against poverty through a cooperative democratic marketplace, employment training and demonstration projects.

990 for the year ended August 31, 2025

Program accomplishments

  • Technical assistance to low income adults who produce handicrafts or food. Marketing is conducted by dedicated volunteers or thru partnerships with other nongovernmental organizations using fair trade principles (see www.fairtradefederation.org) Artisans from 50 countries as well as 10 states, manage community based micro businesses, receiving marketing and management assistance. We assist in finding markets including those in nontraditional venues such as mission festivals. Family farmers in 12 countries, as well as Native American food producers in Georgia, Minnesota,South Dakota, and Colorado receive similar assistance in reaching nontraditional markets like religious congregations & community based organizations. A total of $21659 in purchases directly assisted these low-income producers. In addition, we are able to provide unemployed adults in Indiana with skills training in retail sales, bookkeeping &computer data entry. A total of 28,281 worth of volunteer labor was donated to this project. One part-time staff person managed this project. Two locations: Third Wo0rld Shoppe of Fort Wayne, Indiana, and Third World Handarts in Sierra Vista, Arizona host volunteer chapters. During 2023 - 2024 year Global Village in Peoria closed and a loss for inventory sold at less than cost was listed as depreciation.
    Expenses $22,882 · revenue $31,140
  • TECHNICAL AND MICRO-ECONOMIC ASSISTANCE TO PROJECTS AND PROGRAMS THAT ENCOURAGE SELF-RELIANCE FOR LOW-INCOME ADULTS AND FAMILIES. A total of $3,500 in volunteer labor was allocated to this effort. Poder Joven Foundation is a charity aiding homeless youth and low-income families in Medellin, Colombia was granted $67,038. Voice Trust assists low-income families with sustainable farming, educated orphan children & provides flood relief and food aid in Tamil Nadu, India and was granted $48,329. Food Assistance to low-income families in Fort Wayne, Indiana totaled by value 9060. ($2500 nonprofits totaling $1296 include the Fair Trade Federation, West Central Neighborhood Association, Community Harvest Food Bank, NAEIR, Tech Soup, Chicago Fair Trade, NE Indiana Nonprofit Association, U.S. Federation of Worker Cooperatives, Green America, and the Alliance for Human Services
    Expenses $119,405 · grants $115,278 · revenue $120,054
  • EMPLOYMENT SKILLS TRAINING AND MENTORING OF LOW-INCOME ADULTS. With the assistance of volunteer professionals, we mentor people referred by local court/probation offices & mental health offices, IMPACT (food stamp recipients) and other agencies. We teach building maintenance & repair, graphic art, data entry, bookkeeping and retail store operations. We provide participants with free lunch and other personal supports. In addition, labor is donated to provide printing and mailing services for 200 nonprofits and churches. Printing and communications services are provided to local neighborhood associations, and charities that assist flood in Guatemala, refugees from Myanmar and groups assisting the malnourished and unhoused. Volunteer labor was valued at $37,500. The building owned for use as our headquarters is also used as a training site. In addition, rental housing is provided as transitional housing for adults with disabilities. One part-time staff person managed this project.
    Expenses $74,142 · revenue $74,202
  • Educational Programs about Poverty and related social concerns totaled $2500 in volunteer services. This activity includes a book and resource store hosting world maps and 600 other related topics as well as fulfilling orders for several other educational programs. In addition $40,000 worth of volunteer labor was provided to fulfill administrative and management needs.
    Expenses $4,276 · revenue $3,647

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
23-7183804
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$619,239
Income (IRS master file)
$266,003

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$229,062$227,959$619,239XML
990August 2024$187,426$182,276$615,037XML
990August 2023$189,828$187,348$613,168XML
990August 2022$213,650$202,580$613,503IRS
990August 2021–––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 23-7183804).

Questions about FRIENDS OF THE THIRD WORLD INC

What is the EIN of FRIENDS OF THE THIRD WORLD INC?
The employer identification number (EIN) of FRIENDS OF THE THIRD WORLD INC is 23-7183804.
Is FRIENDS OF THE THIRD WORLD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to FRIENDS OF THE THIRD WORLD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE THIRD WORLD INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF THE THIRD WORLD INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE THIRD WORLD INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of FRIENDS OF THE THIRD WORLD INC?
The 990 for the year ended August 31, 2025 names JAMES F GOETSCH.
Who are the officers and directors of FRIENDS OF THE THIRD WORLD INC?
The 990 for the year ended August 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $6,000 (JAMES F GOETSCH, PRESIDENT/ADMINISTRATIVE COORDINATOR).
How much revenue does FRIENDS OF THE THIRD WORLD INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $229,062, expenses of $227,959 and total assets of $619,239 at year end.

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