World Affairs Councils of America

What it reported doing in 2024

Other programs:1. Academic worldquest (awq) inspires high school students and teachers across the united states to embrace a culture of global engagement. Nationwide, more than 30 local world affairs councils host community academic worldquest competitions throughout the year, engaging over 2,500 students in schools across geographic and economic lines as they vie for the ultimate prize: representing their communities at the carlos and malu alvarez academic worldquest national competition in Washington, dc.2. The council leadership meeting holds space for council leaders to network with peers, engage in informative sessions, and gain valuable insights into challenges and opportunities that impact the council network.3. As part of strengthening councils around the country, waca virtual programming (roundtables, council huddles, waca 101) gives council staff and board members a chance to connect, exchange insights, and learn about the national network. Each quarter, council professionals and volunteers engaged in specific aspects of councils' work gather over zoom to meet others in the waca network, share questions and ideas, explore innovative strategies, and problem-solve together.4. Student scholars: established in 2010, the waca student scholars program offers 25 undergraduate students from council communities the opportunity to attend the national conference at no cost. Through the generosity of donors, waca also supports the room and board of program participants.student scholars participate in student scholar day, an excursion into dc that includes visits to think tanks, universities, and more.through these experiences, students envision their own global futures and prepare to take the next steps in their education and careers.

Financial Efficiency

• Mission deployment rate: 93.6%; rating input score 94
• Program expense ratio: 75.7%; rating input score 76
• Fundraising efficiency: $14.99 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 4.9%; rating input score 50; 50th percentile among comparable filings
• Total-asset coverage ratio: 10.92; rating input score 93; 93rd percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 63; 63rd percentile among comparable filings
• Officer compensation ratio: 15.1%; rating input score 23; 23rd percentile among comparable filings

Growth

• Program expense growth: 5.8% per year; rating input score 100; 46th percentile among comparable filings
• Revenue growth: 11.4% per year; rating input score 100; 71st percentile among comparable filings
• Asset growth: 27.3% per year; rating input score 100; 89th percentile among comparable filings