Gandhi Worldwide Education Institute ("GWEI") 418 Lake Shore Blvd. Wauconda, IL 60084-1522 EIN # 77-0720423 Founded May 6, 2008 an Illinois 501c3 www.gandhiforchildren.org
The Gandhi Worldwide Education Institute’s primary purpose is to promote community building in economically depressed areas of the world through the joining of Gandhian philosophy and vocational education for children and their parents.
Fiscal Year Start: July 01
Fiscal Year End: June 30
Illinois Secretary of State File Number 66072282
Illinois Department of Revenue Account ID 4087-3056
Dun & Bradstreet Number 805812810
Registered Agent: Ed Momkus as of 7/17/2014
InKind Law Firm: Momkus, McCluskey, LLC as of 7/17/2014
GWEI Policies
2013 – 2014 Organizational Chart
***Note: Barometer displays funds raised since inception. The barometer is updated bi-annually. Last update registered on December 31, 2014.
GWEI Financial Summary as of June 30, 2014
Assets: $173,567.13
Income: $21,175.55
COGS: $51,424.43
Expenses: $7,369.67
Liabilities: $0
Summary Financial Footnotes:
Cost of Goods Sold (“COGS”) Grants Made to AVANI = $51,400.00
Expenses include InKind total + Google Grant = $4,101.44 of the $7,369.67
GWEI Grants Issued Fiscal Year July 1, 2013 – June 30, 2014
AVANI April 2013 – March 2014 Budget Report
AVANI Request for transfer of grant funds for the 2014-2015 Children’s Home Operations
AVANI Updates
Final Phase 1 Costs on Five Acre Site
AVANI Dome Construction Update June 2014
AVANI Student Graduate Update June 2014
AVANI Students Return Update June 2014
AVANI One Acre Site Update July 2014
AVANI Children and Dome Update July 2014
GWEI Financial Summary as of June 30, 2013
Assets: $211,185.68
Income: $73,415.98
Expenses: $26,121.77
Liabilities: $0
Summary Financial Footnotes:
Operational expense 15.5% of total income
(excluding Google AdWords Grant w/35.6%)
Book sales income 17.8% of total income
(excluding Google AdWords Grant w/13.5%)
GWEI Grants Issued Fiscal Year July 1, 2012 – June 30, 2013
Verala Development Society (“VDS”)
VDS Grant RH01 – Residential Home
AVANI
AVANI Construction Grant 3/7/2013
AVANI Construction Grant PPO1-13
AVANI Annual Audited Financials (USD) 2012-2013
GWEI Financial Statements
GWEI Statement of Activities 2008-2009
GWEI Statement of Financial Position as of June 30 2009
GWEI Statement of Activities 2009-2010
GWEI Statement of Financial Position as of June 30 2010
GWEI Statement of Activities 2010-2011
GWEI Statement of Financial Position as of June 30 2011
Summary Financial Footnotes:
InKind Donation Income Total: $38,030.47
In Kind Donation Expenses:
Legal and Accounting Fees $28,772.17
Marketing $9,437.37
GWEI Statement of Activities 2011-2012
GWEI Statement of Financial Position as of June 30 2012
Summary Financial Footnotes:
InKind Donation Income Total: $87,489.50
In Kind Donation Expenses:
Legal and Accounting Fees $80,609.50
Marketing $7,330.00
GWEI Statement of Activities 2012-2013
GWEI Statement of Financial Position as of June 30 2013
GWEI Expense Charts YE June 30 2013
Summary Financial Footnotes:
InKind Donation Income Total: $ 2,400
Google AdWord Grant Usage $17,770.20
In Kind Donation and Google Grant Expenses:
Marketing $2,400
Google AdWord Grant $17,770.20
Total InKind and Grant Advertising and Marketing $20,177.20
GWEI Statement of Activities 2013-2014
GWEI Statement of Financial Position as of June 30 2014
GWEI Expense Charts YE June 30 2014
Summary Financial Footnotes:
Cost of Goods Sold (“COGS”) Grants Made to AVANI $51,400.00
In Kind Donation and Google Grant Marketing Expenses: $4,101.44
GWEI Tax Filings
GWEI 990EZ 2008 – 2009 (initial board of directors)
GWEI 990EZ 2009 – 2010 (board expands and adds new members)
GWEI 990EZ 2010 – 2011 (no changes in board membership)
GWEI 990EZ 2011 – 2012 (no changes in board membership)
GWEI 990EZ 2012 – 2013 (new board member added April 2013)
GWEI 990EZ 2013 – 2014 (financials with CPA, tax return being prepared) August 2014
Programs
Sponsor the Children Fund
Gandhi Center for Learning – Kolhapur
Annual Reports
GWEI Annual Report 2012 – 2013