World Pediatrics
Nonprofit profile at a glance
- EIN
- 541953305
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Richmond, VA, USA
- Phone
- 8042828830
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $9,142,144
- Expenses
- $8,918,792
- Assets
- $6,978,742
- Liabilities
- $1,025,103
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- VAFA AKHAVAN (CEO)
Highest reported compensation
- VAFA AKHAVAN (CEO): $297,822 total reported compensation
- AUDRA BRICKNER (VP PHILANTHROPY): $225,259 total reported compensation
- GAIL HOWERTON (VP OF FINANCE AND ADMIN): $165,494 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
World pediatrics' mission is to heal children and advance pediatric healthcare in the world. World pediatrics' program model is built upon long-term engagement and continuity of multi-specialty care through direct patient care and local capacity-building programs. World pediatrics is treating children in the present while helping to build a stronger system for children in the future.
What it reported doing in 2024
World pediatrics assisted 64 children from 17 countries with access to advanced hospitals outside their countries for tertiary medical care. World pediatrics also mobilized 28 children from 10 countries to advanced centers within the latin america and caribbean regions for surgery or specialist care in 8 pediatric sub-specialties, or for access to advanced medical imaging. World pediatrics facilitated 68 surgical and diagnostic teams to 9 countries in latin america and the caribbean, providing 845 surgeries and 3,378 consultations/evaluations to nearly 2,800 children. World pediatrics' global neonatal program mobilized 15 training teams, 3 conferences, and 3 observerships in the caribbean and latin america regions. World pediatrics' programs collectively provided 4,357 training hours to 2,592 trainees. Finally, world pediatrics supported sponsorship of 660 children for access to available medical care in their home countries, removing barriers to access in their local health systems through financial support and advocacy.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 65
- Accountability: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.2%; rating input score 66
- Program expense ratio: 67.4%; rating input score 67
- Fundraising efficiency: $5.66 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Missing
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- 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: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.4%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 10.3%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 10.3% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 66.2% of revenue deployed · 67.4% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $6M in reported program spending
- Leadership: top reported pay $298K · 16 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $574K reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 20/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.