View
2
Download
0
Category
Preview:
Citation preview
Annual Report 2018-2019
NORTH AMERICAWorld Literacy Foundation
The North America World Literacy Foundation is a registered charitable organization with 501 (c) 3 status. Registration number: 501 (c) 3 EIN 46-1201100
Contact UsPO Box 44 Grandville 49468 MI
Address: 2666 Brookland Ave SE Grand Rapids MI 49507
Phone+1 616 710 1932
Email: info@worldliteracyfoundation.org
Website: www.worldliteracyfoundation.org
Social Media
@WorldLiteracy @worldliteracyfoundation@worldliteracy_foundation
CONTACT US
USA Board MembersDr. Donald Green, Chairman
Dr. Julie Ruel, PhD
Andrew Kay, CEO Of World Literacy Foundation International
François Gérin-Lajoie
Paula Correa
Darryn Keneally
Cathy Green, Treasurer
Our UK TeamCathy Green, Administration/Office Coordinator
Alec Green, Michigan Reads
Allison Hough, Michigan Reads
Our International Team in USA, Australia and ColombiaAndrew Kay, Chief Executive Officer/Trustee
Sarah Novinetz, Indigenous Project Coordinator NT
Pilar Rojas, Sun Books Project Manager
Antonella Di Fiori, Books from Birth Project Coordinator
Paula Rico, Marketing & Communication Officer
Andrea Gualteros, Part Time - Graphic Designer
Carlos Vallejo, Part Time - IT Officer
Charlee Standley, Part Time - Youth Ambassador Coordinator
Karime Tepos, Graphic Designer Intern
Paula Correa, Project Coordinator Colombia
Cecilia Sandell, Fundraising Office Coordinator UK
OUR TEAM
Our MissionWe strive to ensure every child has the opportunity to acquire literacy and reading skills, regardless of their geographical location within the Unites States and worldwide.
The procurement of literacy skills is essential when assisting young children to reach their full potential; allowing them to succeed at school and in life.
We target wide-scale illiteracy through the provision of free access to quality educational materials and innovative solutions.
Our VisionWe envision a world that provides free access to education for everyone; eliminating illiteracy.
How we do it ✓ We provide books and educational resources that encourage children to dis-cover the joy of reading.
✓ We gather literacy, educational leaders, and organizations from around the world to share ideas and collaborate within the sector.
✓ We use innovative technology to create e-books and literacy tools for children in rural & remote classrooms, including Africa & Indigenous Australia.
✓ Under our Sun Books initiative, we pro-vide a low-cost solar panel tablet to “off the grid” classrooms in Africa. These tab-lets are pre-loaded with a digital library that contains books written in both their native language and English.
✓ We are a global voice that spreads and promotes the importance of literacy; empowering people to become advo-cates within their community for this extraordinary cause.
ABOUT US
In 2018, we launched a new initiative to address the low literacy rates of children from low-income backgrounds in Michigan. Without any effective early intervention, illiteracy can have a profound economic and social cost in Michigan. According to NAEP results - from tests given to a sample of students in every state in 2017- Michigan ranks 35th in the nation in 4th Grade reading levels. This means that our early intervention strategies need to be a priority. Without any effective early intervention, adult illiteracy can have a profound economic and social cost in Michigan.
We provide children’s books, educational resources and support to specific targeted communities in Michigan aimed to lift literacy rates and help children discover the joy of reading in their early years.
In 2018-2019 we provided 2,500 books to children from low-income backgrounds in Western Michigan region
If you want to be involved with Michigan Reads, please visit http://www.michiganreads.org.
No one reads; if someone does read, he doesn’t understand; if
he understands, he immediately forgets.
-Stanislaw Lem-
MICHIGAN READS
YOUTH AMBASSADORS
Our Youth Ambassador program recruit and train young individuals to be well versed in advocating education with a focus on literacy as a fundamental human right. Through this program, we reach more than 20 million people through media exposure, events, social media, and fundraising activities.
In 2018-2019, 750 Ambassadors, from 80 countries, including 105 from the United States became a local voice for this cause; promoting literacy in their local communities and schools.
For more information, please visit: https://worldliteracyfoundation org/youthambassador/
All that mankind has done, thought, gained, or been; it is lying as in
magic preservation in the pages of books.
-Thomas Carlyle-
In 2018, we held the World Literacy Summit (WLS) bringing together leaders from 85 countries representing over two-thirds of the world’s population, and all with a single focus – advocating, championing and educating on the vital importance of improving literacy levels across the globe.
In 2020, we will again facilitate the conference again, to be involved, please visit: www.worldliteracysummit.org
WORLD LITERACY SUMMIT
There is no such thing as a child who hates to read;
there are only children who have not found the
right book.
-Frank Serafini-
APRENDE LEYENDO
In 2018 in Colombia, research showed the total number of illiterate individuals over the age of 15 equated to 2 million people.
The highest illiteracy rates were found in young people living in remote communities where education resources are minimal.
A staggering amount of 80% of individuals from vulnerable families are unschooled in literacy skills.
To target illiteracy in children aged 4-12 years from low socio-economic backgrounds, in 2019 we launched Fundacion Aprende Leyendo in Manizales Colombia, as a program from the World Literacy Foundation.
If you want to be involved with Aprende Leyendo, please visit www.aprendeleyendo.com
SUN BOOKS
School made us ‘literate’ but did not teach us to
read for pleasure.
-Ambeth Ocampo-
Whenever you read a good book, somewhere
in the world a door opens to allow in more light.
-Vera Nazarian-
Sadly, in today’s society, 20 million classrooms have limited or no access to the internet, books, and electricity.
The Sun Books App is a solar-powered tablet device equipping classrooms with innovative digital technology regardless of internet connection and electricity.
In 2018-2019, 6 volunteers in our US office donated 800 hours of their time to create e-books and educational activities for the Sun Books App tablet for distribution in classrooms within Africa and Latin America.
The Sun Books App supports disadvantaged children with locally relevant and international e-books and activities, aiming to support children’s learning.
If you want to be involved with Sun Books, please visit www.sunbooks.org
RESEARCH, ADVOCACY, MEDIA AND AWARENESS
In 2018-19, through media coverage, research papers, social media channels, special events, conferences and word of mouth, we educated and exposed 900,000 people in North America and approx. 120 million people globally to information about the importance of literacy in our day to day lives.
36,707 followers and 308 posts
2,194 followers and 222 posts
2,887 followers and 215 posts
NOTE FROM OUR CEO
As I reflect on the 2018-19-year, l wish to thank our board, staff, volunteers, supporters, and stakeholders. With their commitment, we were able to make a significant impact on the development of literacy skills of children in need. I believe “Reading changes lives,” and l am pleased that our organization cultivated the joy of reading in children and young people due to our efforts in 2018-19.
As a small and resourceful organization, we are grateful to the wider community for the many ways they provided practical support over the past 12 months.
I am often reminded of the vital importance of literacy skills in our day to day lives, and how these skills are key to all young individuals reaching their full potential.
In the year ahead, please continue to work with us to ensure children can develop a love and habit of reading in their early years and experience a literate world.
Thank you
Andrew G Kay
THANK YOUTO OUR SUPPORTERS
IN 2018-19
#Write4lifeThe Edgar & Elsa Prince FoundationAmplifyGREarly Learning Neighborhood Collaborative Doug & Maria DeVos FoundationSteffen Maas and ArubABCCaribbean ReadsMaranda, WOTV4WomenThe Edge ChurchRoosevelt Park Neighborhood Association Urban RootsThe Pitney Bowes FoundationSteffen MaasDickinson ElementaryCésar E. Chávez ElementaryRiver City ScholarsHope Academy of West Michigan Muriel S. Hiatt (in memory of Harold D. “Hoot” Hiatt)Caroline Anne Woodruff and James Woodruff (in memory of Harold D. “Hoot” HiatDavid M. Spaulding and Jane Spaulding (in memory of Harold “Hoot” Hiatt)Jack, Christine, Katie, and Jay Gary (Harold “Hoot” Hiatt memorial) Virginia Neff (in memory of Harold “Hoot” Hiatt)Bill and Amy Fennell (i memory of Harold “Hoot” Hiatt)Teespring, Inc.
Princeton University PressEPA Office of Inspector General c/o Leah Nikaidoh (in memory of Harold Hiatt)Mica Kole (#write4life 2019)Fidelity CharitableCamille SpringerGordon FontenotRachel and Jeremy Souders Jessica Callegari- The Aaron School Alliance ClubAtonement Lutheran Church of Boulder- Keaton Lewisburg High SchoolMary DuhamelJohn and Mary Smith Donor Advised Fund of the Jewish Federation of Cleveland
Dear WLF Team,
Thank you for the opportunity to be
a part of this great program which
has caused me to connect and impact
the core values of Literacy skills and
Education in the minds and lives of
Children in Nigeria.
Find attached below my presentation
on the importance of Literacy skills.
Best regards, Deborah Obasi.
Hi WLF Team, I would like to thank you for the course , I can’t wait to read it and share my iddeas with other ambassadors. Best regards, fatima fezza
Louis Accounting Services Prepared by Eduardo GonzalezRevised by Louis Villanueva
2019AU$
869,570.67 7,820.00
14,236.95 891,627.62
10,962.00 696.97
2,093.42 11,367.70
353.00 26,812.20
448,657.18 45,889.67 48,818.40
4,505.01 921.69
1,550.96 1,707.00 6,116.74 5,882.48 2,896.00 1,441.79
42,106.79 1,929.74
102,303.89
767,012.63
124,614.99
Motor Vehicle Expenses
RentSundriesWages & Salaries
Expenditure
Office SuppliersMemberships Postage and SubscriptionsConsumables
Accounting FeesBank chargesWebsite Development
ResearchProject Delivery
Depreciation
World Literacy Foundation GroupStatement of Financial Performance
For the year ended 30 June 2019
Revenue
Project Development
Donation ReceiptsTrust/Foundation GrantsContributions
Total revenue
Administration & Marketing
Travel & Accomodation
Consolidated
Surplus (Deficit) from Ordinary Activities
Telephone/Internet
ElectricityInsurance
Total expenses
These financial statements must be read in conjuction with the attached Accountant'scompilation Report and Notes which form part of these financial statements.
Louis Accounting Services Prepared by Eduardo GonzalezRevised by Louis Villanueva
2019$
253,577.25
253,577.25
219,377.35 -
219,377.35
11,623.33 11,623.33
1,738.63 22,812.27
255,551.58
- - -
28,068.40 15,577.96-
12,490.44
12,490.44
268,042.02
These financial statements must be read in conjunction with the attached Accountant's
World Literacy Foundation GroupStatement of Financial Position
Consolidated Balance Sheet as at 30 June 2019
EquityRetained Surplus
Total Equity
Represented by:
Current Assets
Cash Assets
Cash at Bank - Current Account
Other Debtors
GST - Input Control
Total Current Assets
Other Current AssetsShort Term Loan
Non-Current Assets
Fixed Assets
Total Assets
Equipment- at costEquipment Accum Dep'n
Motor Vehicles-at costMotor Vehicles Accum Dep'n
Total Fixed Assets
Total Non-Current Assets
Compilation Report and Notes which form part of these financial statements
Louis Accounting Services Prepared by Eduardo GonzalezRevised by Louis Villanueva
2019$
14,464.77 -
14,464.77
Total Non - Current Liabilities -
14,464.77
Net Assets 253,577.25
128,962.26 124,614.99
253,577.25
World Literacy Foundation GroupStatement of Financial Position
Consolidated Balance Sheet as at 30 June 2019
Current Liabilities
Short term loan
Total current liabilities
Non-Current LiabilitiesUnrestricted - available for operations
Total Liabilities
Retained Earnings
Balance at 1 July 2018Surplus Attributable to Members
Balance at 30 June 2019
These financial statements must be read in conjunction with the attached Accountant'sCompilation Report and Notes which form part of these financial statements
North America World Literacy Foundation
Identifying number 46-1201100
REPORT OF OFFICERS
Mission of North America World Literacy Foundation The North America World Literacy Foundation is a non-for-profit organization incorporated in October 2012 under the Laws of the state of Michigan, USA. NAWLF is a global charity focused on eradicating illiteracy. We believe that if you teach a child to read, you change a life forever. Literacy is central to the reduction of poverty, improving health and wellbeing, and providing a pathway to further education and sustainable employment. ACHIEVEMENTS AND PERFORMANCE Outlined in the 2018 Annual Report STRUCTURE, GOVERNANCE AND MANAGEMENT CONSTITUTION North America World Literacy Foundation is a Public Charity (Identifying number 46-1201100). Tax Exempt status was granted on 03 October 2012. The Public Charity is an Association (501 (c)) under the Charitable Organizations and Solicitations Act 169 of 1975. Section 400.273 in Michigan, USA. Filing information and reporting in a calendar year. The registered office is at PO Box 44, Grandville, MI 49468-0044 BOARD OF DIRECTORS The Directors who served during the period are: Chair: Dr Don Green (appointed 5/4/2013 and re-elected on) Treasurer: Mrs Cathy Green (appointed 1/9/2013 and re-elected on) Secretary: Mr Andrew Kay (appointed 1/9/2013 and re-elected on) Counsel: Dr Julie Ruel (appointed 24 June 2015) Counsel: Mr François Gerin-Lajoie (appointed 24 June 2015) RESERVES The charity retained earnings for the year ended December 2015: US $ 6,395.35 The charity retained earnings for the year ended December 2016: US $11,121.30 The charity retained earnings for the year ended December 2017: US $10,988.07 The charity retained earnings for the year ended December 2018: US $12,302.14
North America World Literacy Foundation
Identifying number 46-1201100
NORTH AMERICA WORLD LITERACY FOUNDATION
DIRECTORS’ REPORT AND ACCOUNTS
FOR THE YEAR ENDED DECEMBER 31, 2018
Employer Identification No: 46 - 1201100
North America World Literacy Foundation
Identifying number 46-1201100
NORTH AMERICA WORLD LITERACY FOUNDATION
DIRECTORS’ REPORT AND ACCOUNTS
FOR THE YEAR ENDED DECEMBER 31, 2018
Employer Identification No: 46 - 1201100
North America World Literacy Foundation
Identifying number 46-1201100
DIRECTORS’ RESPONSIBILITIES The Board of Directors are required to prepare financial statements for each financial period which give a true and fair view of the state of the affairs of the Charity and of the surplus or deficit for that period. The Directors have agreed to adopt the Statement of Recommended Practice – Accounting by Charities. In preparing the financial statements, the Directors are required to:
• state suitable accounting policies and then apply them consistently, • make judgments and estimates that are reasonable and prudent, • state whether applicable accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements, and • Prepare the financial statements on a going concern basis unless it is inappropriate to
presume that the charity will continue in business. The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the applicable law and regulations. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and irregularities. By order of the Board
Andrew Kay Secretary /Board Member 06 September 2019
NORTH AMERICA WORLD LITERACY FOUNDATION
FINANCIAL STATEMENTS
Year ended December 31, 2018
With
Accountant’s Compilation Report
NORTH AMERICA WORLD LITERACY FOUNDATION
TABLE OF CONTENTS
Year ended December 31, 2018
___________________________________________________________________
Independent Accountant’s Compilation Report………………………………………………………………………………... 1
Financial Statements:
Statements of Financial Position ………………………………………………………………………………………………. 2
Statements of Activities ……………………………………………………………………………………………………………. 3
Cash Flow statement ………………………………………………………………………………………………………………… 4
Retained Earnings …………………………………………………………………………………………………………………….. 5
Notes to Financial Statements ………………………………………………………………………………………………….. 6
INDEPENDENT ACCOUNTAN’S COMPILATION REPORT
To the Board of Directors North America World Literacy Foundation PO BOX 44 Grandville, MI 49418 United States
We have compiled the accompanying statements of financial position – cash basis of North America World Literacy Foundation (a non-profit organization) as of one year ended December 31, 2018 and the related statements of activities – cash basis for the year then ended. We have not audited or reviewed the accompanying financial statements and, accordingly, do not express an opinion or provide any assurance about whether the financial statements are in accordance with the cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America.
Management is responsible for the preparation and fair presentation of the financial statements in accordance with the cash basis of accounting and for designing, implementing, and maintaining internal control relevant to the preparation and fair presentation of the financial statements.
Our responsibility is to conduct the compilation in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants (AICPA). The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements.
Management has elected to omit substantially all of the disclosures ordinarily included in financial statements prepared in accordance with the cash basis of accounting. If the omitted disclosures were included in the financial statements, they might influence the user’s conclusions about the company’s assets, liabilities, net assets, revenues and expenses. Accordingly, these financial statements are not designed for those who are not informed about such matters.
Louis Villanueva Louis Accounting Services
September 06, 2019
1 Louis Villanueva / Registered Tax Agent / Public AccountantProfessional member registration 210666Institute of Public Accountants0412 068 427/ accounting@thevillagroup.com.auVILLA & CO - Louis Accounting ServicesOffice: St Kilda Rd Towers, Suite 717 / 1 Queens Rd Melbourne Vic 3004/AustraliaPostal address: PO Box 1061, Mountain Gate, Vic 3156
2018 2017
12,302.14$ 10,988.07$
12,302.14 10,988.07
- -
- -
12,302.14$ 10,988.07$
12,302.14 10,988.07
12,302.14 10,988.07
12,302.14$ 10,988.07$
TOTAL OTHER ASSETS
TOTAL ASSETS
(CASH BASIS)
ASSETS
TOTAL NET ASSETS
NORTH AMERICA WORLD LITERACY FOUNDATIONSTATEMENTS OF FINANCIAL POSITION
For the Financial Year Ended at December 31, 2018
Current Assets
TOTAL CURRENT ASSETS
Other Assets
Investment
See accountant's Compilation report 2
TOTAL LIABILITIES AND NET ASSETS
Unrestricted - available for operations
LIABILITIES AND NET ASSETS
Net Assets
Cash and cash equivalents
2018 2017
21,070.68$ 53,088.07$ - - - -
21,070.68 53,088.07
- 51.00 229.90 518.99 913.95 1,353.00
1,073.75 12,877.55 15,789.63 36,590.90
1,209.18 841.30 540.20 899.51
- 89.05
19,756.61 53,221.30
1,314.07 133.23-
10,988.07 11,121.30
12,302.14 10,988.07
Research & Evaluation
TOTAL EXPENSES
Mktg & Administration
PostageTravel expenses
INCREASE (DECREASE) IN NET ASSETS
3
Office Supplies
Accounting
See accountant's Compilation report
Net Assets at End of Year
Net Assets at Beginning of Year
Bank charges
Project Delivery
NORTH AMERICA WORLD LITERACY FOUNDATIONSTATEMENTS OF ACTIVITIES
For the financial year ended at December 31, 2018
Revenue Contributions
(CASH BASIS)
Special Event Income Investment Income
TOTAL REVENUE
Expenditure
Cash flows from operating activities 2018 2017
Cash receipts in the course of operations 21,070.68 53,088.07 Cash payments to suppliers & employees 19,756.61- 53,221.30- Cash generated from operations 1,314.07 133.23- Other receivables - - Tax paid - - Interest received - - Net cash from operating activities 1,314.07 133.23-
Cash flows from investing activities
Purchase of property, plant & Equipment (Note 1) - - Net cash from investing activities - -
Cash flows from financing activitiesBorrowing adquired - Mortgage - - Borrowing adquired - Loans from Other Foundation - - Net cash from financing activities - -
Net increase in cash and cash equivalents 1,314.07 133.23- Cash and cash equivalents at the begining ofperiod (Note 2) 10,988.07 11,121.30 Cash and cash equivalents at the end ofperiod (Note 2) 12,302.14 10,988.07
1. Property, Plant and EquipmentDuring the period, the Foundation does not present any acquired property, plant and equipment
2. Cash and Cash Equivalents
2018 2017 2017 2016Cash on hand - Business Accounts 12,302.14 11,121.30 11,121.30 6,395.35 Cash on hand - Saving accounts - - - Cash and cash equivalents as peviously reported 12,302.14 11,121.30 11,121.30 6,395.35
Revenue 21,070.68 53,088.07 Adjustment for: Depreciation - -
21,070.68 53,088.07 Decrease in Withholding Tax paid - - Decrease in other receivables - - Increase Superannuation payable - - Increase in GST Paid - -
Net cash from operating activities 21,070.68 53,088.07
4
Reconciliation on Net Cash provided by Operating Activities to Increase or Decrease
Notes to the Cash Flow Statement (Direct Method)
Cash and cash equivalents include cash on hand, deposits held at call with banks, other short-termhighly liquid investments with original maturities of 12 months or less. Cash and cash equivalents
NORTH AMERICA WORLD LITERACY FOUNDATIONStatement of Cash flow for the year ended 31 December 2018
(Direct Method)
included in the cash flow statement comprise the following balance sheet amounts:
NORTH AMERICA WORLD LITERACY FOUNDATION
RetainedProfits
TotalEquity
Balance at 01 July 2014 - - Increase ( Decrease ) in Net Assets 6,395.35 6,395.35 Other comprehensive Increase for the period - -
Total comprehensive surplus attributed to members 6,395.35 6,395.35 Transactions with members in their capacity as members
Balance at 31 of December 2015 6,395.35 6,395.35
Balance at 01 July 2015 6,395.35 6,395.35 Increase ( Decrease ) in Net Assets 4,725.95 4,725.95 Other comprehensive Increase for the period
Total comprehensive surplus attributed to members 11,121.30 11,121.30 Transactions with members in their capacity as members
Balance at 31 of December 2016 11,121.30 11,121.30
Balance at 01 July 2016 11,121.30 11,121.30 Increase ( Decrease ) in Net Assets 133.23- 133.23- Other comprehensive Increase for the period
Total comprehensive surplus attributed to members 10,988.07 10,988.07 Transactions with members in their capacity as members
Balance at 31 of December 2017 10,988.07 10,988.07
Balance at 01 July 2017 10,988.07 10,988.07 Increase ( Decrease ) in Net Assets 1,314.07 1,314.07 Other comprehensive Increase for the period
Total comprehensive surplus attributed to members 12,302.14 12,302.14 Transactions with members in their capacity as members
Balance at 31 of December 2018 12,302.14 12,302.14
NORTH AMERICA WORLD LITERACY FOUNDATIONStatement of changes in Equity for the year ended 31 December 2018
5
Louis Villanueva / Registered Tax Agent / Public AccountantProfessional member registration 210666Institute of Public Accountants0412 068 427/ accounting@thevillagroup.com.auVILLA & CO - Louis Accounting ServicesOffice: St Kilda Rd Towers, Suite 717 / 1 Queens Rd Melbourne Vic 3004/AustraliaPostal address: PO Box 1061, Mountain Gate, Vic 3156
NORTH AMERICA WORLD LITERACY FOUNDATION
NOTES TO FINANCIALS STATEMENTS (CASH BASIS)
Year ended December 31, 2018 ___________________________________________________________________
NOTE 1 – ORGANIZATION AND MISSION
The North America World Literacy Foundation is a non-for-profit organization incorporated in October 2012 under the Laws of the State of Michigan, USA. NAWLF is a global charity focused on eradicating illiteracy. We believe that if you teach a child to read, you change a life forever. Literacy is central to the reduction of poverty, improving health and wellbeing, and providing a pathway to further education and sustainable employment.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting: The North America World Literacy Foundation prepares its financial statements in accordance with the cash basis of accounting.
Cash and Cash Equivalents: The North America World Literacy Foundation considers all cash investments to be cash equivalents.
Contributions: Unconditional promises to give and contributions received are recorded as unrestricted support unless explicit donor stipulations specify how the donated assets must be used.
Functional Allocation of Expenses: The costs of providing the program have summarized on a functional basis in the statements of activities.
See accountant’s compilation report
6
Des
igne
d by
And
rea
Gua
ltero
s
Recommended