Moldova World Childrens Fund Inc

Nonprofit profile at a glance

EIN
141942074
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Hendersonville, NC, USA
Phone
8285518209
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Children's, Youth Services

Official website

Reported finances

Revenue
$600,347
Expenses
$599,804
Assets
$106,080
Liabilities
$9,293

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • Ray F West Jr (President)
  • John N Maxemchuk (Vice President)

Highest reported compensation

  • Ray F West Jr (President): $17,410 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

MWCF is a non-profit charitable corporation whose primary purpose is to help relieve suffering and improve the lives of children in the Republic of Moldova. MWCF builds, renovates, equips, supplies, and supports boarding schools for abandoned children and children in medical recovery, orphanages, hospitals, schools, and hospice. MWCF helps deserving children with medical and educational needs and provides aid to the displaced and bereaved.

What it reported doing in 2025

MWCF played a major role with the North Carolina Secretary of State, North Carolina Department of Public Instruction, and the United States Department of State, through the U.S. Embassy in Chisinau, Moldova in the acquisition, documentation, transport and distribution of schoolbooks and hospital equipment and supplies restricted for educational and medical facilities in the Republic of Moldova that are cooperating with the North Carolina - Moldova Bilateral Partnership. MWCF also received hospital equipment, medicine, medical equipment and supplies, school equipment and furniture from donors in other countries for Moldovan and displaced Ukranian war victimized recipients, and continued support of an orphanage and numerous deserving students with their continuing education.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 77
  • Accountability: 71
  • Sustainability: 28
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.7%; rating input score 89
  • Program expense ratio: 88.7%; rating input score 89
  • Fundraising efficiency: $13.43 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.1%; rating input score 94; 28th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.1%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: -19.3% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -18% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 0.1% per year; rating input score 100; 16th percentile among comparable filings

Details

  • Where the money goes: 88.7% of revenue deployed · 88.7% of spending went to programs
  • Governance: 16 of 17 board members independent · 3 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $532K in reported program spending
  • Leadership: top reported pay $17K · 17 people listed
  • Consistency: 44 of 44 current checks pass
  • Schedules: 6 filed schedules · includes major donors and foreign activity
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.