2025-11-17T14:16:06-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 293 EISENHOWER PARKWAY 2ND FLOOR LIVINGSTON NJ 07039 990 2024-01-01 134367685 LITWORLD INTERNATIONAL INC LITW 6462486401 55 EXCHANGE PLACE SUITE NEW YORK NY 10005 PAM ALLYN EXECUTIVE DIRECTOR 6462486401 2025-11-17 1 1 BRIDGET HARTNETT P01429163 9739949494 2025-11-17 2024 2025-03-06 01:10:19Z PAM ALLYN 55 EXCHANGE PLACE SUITE NEW YORK NY 10005 480788 0 X WWW.LITWORLD.ORG X 2007 NY STRENGTHENING KIDS AND COMMUNITIES THROUGH THE POWER OF STORIES. 12 12 10 0 0 0 386492 253574 605091 166241 20611 37288 -59539 -1324 952655 455779 246590 256271 0 0 474376 647837 0 0 170581 251497 256645 972463 1160753 -19808 -704974 1951337 1324752 37608 59496 1913729 1265256 STRENGTHENING KIDS AND COMMUNITIES THROUGH THE POWER OF STORIES. 0 0 712235 256271 166241 THE ORGANIZATION WORKS WITH LOCALLY BASED, GRASSROOTS ORGANIZATIONS TO RUN AND EXPAND LITERACY-BASED PROGRAMS, BUILDING SUSTAINABLE OUTCOMES FOR YOUNG PEOPLE AND THEIR COMMUNITIES AROUND THE WORLD. THE PROGRAMS ARE WRITTEN AND DESIGNED BY LITWORLD STAFF. WHEN NOT FACILITATED BY STAFF, LOCAL COMMUNITY LEADERS MANAGE AND LEAD THE PROGRAMS AFTER RECEIVING TRAINING AND ACCESS TO THE ORGANIZATION'S INNOVATIVE CURRICULA. THESE ON-THE-GROUND PERSON AND COMMUNITY-CENTERED PROGRAMS ADDRESS THE HARD-TO-TACKLE CHALLENGE OF ILLITERACY WORLDWIDE. 712235 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY OR X X THE ORGANIZATION 6462486401 55 EXCHANGE PLACE SUITE NEW YORK NY 10005 NADEIGE STERLIN BOARD MEMBER 1.00 X 0 0 0 KATIE SOMERVILLE BOARD MEMBER 1.00 X 0 0 0 LIZZ YEH DIMAIOLO VICE CHAIR 1.00 X X 0 0 0 KATE RICHMOND CHAIR 1.00 X X 0 0 0 PAMELA SCHIESS CO-TREASURER 1.00 X X 0 0 0 ALLON YARONI BOARD MEMBER 1.00 X 0 0 0 RAM BHASKAR BOARD MEMBER 1.00 X 0 0 0 BRENDA JOY GILMORE BOARD MEMBER 1.00 X 0 0 0 THAIS CARTER BOARD MEMBER 1.00 X 0 0 0 BEN WILKSER BOARD MEMBER 1.00 X 0 0 0 ALLISON LUCAS SECRETARY 1.00 X X 0 0 0 GEORGIY ZHIKHAREV CO-TREASURER 1.00 X X 0 0 0 GEMMA JUAN-SIMOTHROUGH 324 BOARD MEMBER 1.00 X 0 0 0 JOANA MCKENNATHROUGH 324 BOARD MEMBER 1.00 X 0 0 0 CAITLIN CASSARO EXECUTIVE DIRECTOR 40.00 X 155664 0 0 155664 0 0 1 0 1 0 0 26705 226869 253574 SERVICE INCOME 611110 166241 166241 166241 37288 37288 23685 26705 25009 -1324 -1324 455779 166241 0 35964 256271 256271 155664 82481 31164 42019 388513 250984 65000 72529 62028 37947 14834 9247 41632 25469 9956 6207 53289 53289 5990 5990 88552 22483 54867 11202 27325 3130 8147 16048 7292 2440 3935 917 11357 3114 8243 13622 1694 3104 8824 27816 25802 205 1809 13178 13178 OTHER EXPENSES 8224 420 6025 1779 1160753 712235 277937 170581 739594 303528 515146 287289 65620 23383 87631 96154 7524 12919 535822 601479 1951337 1324752 37608 59496 37608 59496 X 1913729 1265256 1913729 1265256 1951337 1324752 -704974 56501 0 X X 1 X 0 1 0 X 627562 567129 383447 386492 253574 2218204 627562 567129 383447 386492 253574 2218204 236602 1981602 2502 882 3640 20611 37288 64923 2283127 2234691 0.86790 0.86450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 672702 56501 141403 197904 474798 5990 -25009 -19019 455779 1321175 141403 25009 166412 1154763 5990 5990 1160753 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT LIABLE FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATIONS FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. NO INTEREST AND PENALTIES WERE RECORDED DURING YEARS ENDED DECEMBER 31, 2024 AND 2023. AT DECEMBER 31, 2024 AND 2023, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES THAT ARE EXPECTED TO HAVE A MATERIAL IMPACT ON THE ORGANIZATIONS FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES -25,009. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 25,009. 0 0 0 0 0 0 0 0 0 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, LITERACY, STORYTELLING AND LIFE SKILL DEVELOPMENT 18000 WIRE TRANSFER 0 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, LITERACY, STORYTELLING AND LIFE SKILL DEVELOPMENT 32000 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, LITERACY, STORYTELLING AND LIFE SKILL DEVELOPMENT 27000 WIRE TRANSFER 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, LITERACY, STORYTELLING AND LIFE SKILL DEVELOPMENT 30000 WIRE TRANSFER 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, LITERACY, STORYTELLING AND LIFE SKILL DEVELOPMENT 49000 WIRE TRANSFER 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, LITERACY, STORYTELLING AND LIFE SKILL DEVELOPMENT 34000 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, LITERACY, STORYTELLING AND LIFE SKILL DEVELOPMENT 25000 WIRE TRANSFER 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, LITERACY, STORYTELLING AND LIFE SKILL DEVELOPMENT 23000 WIRE TRANSFER 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, LITERACY, STORYTELLING AND LIFE SKILL DEVELOPMENT 27000 WIRE TRANSFER 0 0 0 0 0 0 0 PART I, LINE 2: PROGRAM DIRECTORS WILL REVIEW THE ACTIVITY OF EACH GRANTEE BASED ON EVALUATION CRITERIA ESTABLISHED BY THE ORGANIZATION ON AN ONGOING BASIS. SOIREE 50390 26705 23685 14802 444 2502 7261 50390 26705 23685 14802 444 2502 7261 25009 -1324 0 PART I, LINE 2: PROGRAM DIRECTORS WILL REVIEW THE ACTIVITY OF EACH GRANTEE BASED ON EVALUATION CRITERIA ESTABLISHED BY THE ORGANIZATION ON AN ONGOING BASIS. X X X 0 0 0 0 0 0 0 0 0 CAITLIN CASSARO EXECUTIVE DIRECTOR 155664 0 0 0 0 0 0 0 0 0 155664 0 0 0 PART I, LINE 3 THE ORGANIZATION HAS A COMMITTEE, COMPRISED OF MEMBERS OF THE FINANCE AND EXECUTIVE COMMITTEES THAT MEET 2-4X ANNUALLY TO RESEARCH AND DISCUSS THE ED COMPENSATION AND REVIEW. RESEARCH IS CONDUCTED REGARDING COMPENSATION LEVELS FOR SAME POSITION AT OTHER LIKE ORGANIZATIONS, AS WELL AS TRENDS. THE PERFORMANCE OF THE ED IS ALSO REVIEWED AND DISCUSSED DURING COMMITTEE MEETINGS. A REPORT AND PROPOSAL IS PRESENTED TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION A, LINE 1A ALL MEMBERS OF THE COMMITTEE -- THE EXECUTIVE COMMITTEE -- ARE PART OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE IS MADE UP OF THE BOARD CHAIR, THE VICE CHAIR, THE TREASURER, AND THE BOARD SECRETARY. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD WILL BE SENT A COPY OF THE 990 TO REVIEW. THE BOARD MEMBERS WILL THEN HAVE THE OPPORTUNITY TO ASK QUESTIONS REGARDING THE RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS THIS POLICY ANNUALLY AND ENSURES ALL DOCUMENTS ARE EXPLAINED, SIGNED, AND MAINTAINED ON A PRIVATE BOARD PORTAL. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD, DURING THE BUDGET APPROVAL PROCESS, APPROVES THE SALARY FOR THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES. THE EXECUTIVE DIRECTOR IS TASKED WITH DETERMINING SALARY FOR STAFF, ALTHOUGH THE BOARD MUST APPROVED THE ENTIRE BUDGET. THE EXECUTIVE COMMITTEE RESEARCHES AND PROPOSES THE ED/CEO'S SALARY TO THE BOARD FOR APPROVAL. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 AND 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND POLICY STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE REVIEWS AND ASSUMES RESPONSIBILITY FOR THE AUDIT/REVIEW OVERSIGHT.