2025-11-14T11:46:14-06:00 2024-12-31 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2024-01-01 237396384 WORLD EDUCATION SERVICES INC WORL 2122197307 1 STATE STREET FL15 NEW YORK NY 10004 ESTHER T BENJAMIN CEO & EXEC. DIR. 2122197307 2025-11-12 1 0 TIMOTHY SCHROEDER P01631203 2129498700 2024 2025-03-06 01:10:19Z X ESTHER T BENJAMIN 1 STATE STREET FL15 NEW YORK NY 10004 294044972 0 X WWW.WES.ORG X 1974 NY HELP PEOPLE THRIVE IN NEW PLACES AND HELP SOCIETY SEE THE VALUE OF PEOPLE'S EDUCATION & EXPERIENCE. 15 15 282 0 -9313 0 0 0 97212546 99612079 2631978 39798853 93892 182068 99938416 139593000 7540795 6912235 0 0 52201121 53888800 0 0 0 31750781 37905700 91492697 98706735 8445719 40886265 233089458 259765506 31975886 34659462 201113572 225106044 X SEE SCHEDULE O. 0 0 59060070 99612079 CREDENTIAL EVALUATION: AS A LEADER IN GLOBAL EDUCATION FOR OVER 50 YEARS, WES HAS SET THE STANDARD FOR INTERNATIONAL ACADEMIC CREDENTIAL EVALUATION, SUPPORTING MILLIONS OF PEOPLE AS THEY SEEK TO ACHIEVE THEIR ACADEMIC AND PROFESSIONAL GOALS. IN 2024, WES SERVED MORE THAN 475,000 INDIVIDUALS, WHO BROUGHT THE ORGANIZATION NEARLY 620,000 ACADEMIC CREDENTIALS FOR EVALUATION FROM ALMOST 23,000 INSTITUTIONS FROM MORE THAN 200 COUNTRIES AND TERRITORIES AROUND THE WORLD. (CONTINUED ON SCHEDULE O). 20097003 6912235 SOCIAL IMPACT: WES ENGAGES IN PROGRAMMATIC INITIATIVES, POLICY AND ADVOCACY EFFORTS, AND PHILANTHROPIC ACTIVITIES TO SUPPORT THE ECONOMIC, EDUCATIONAL, AND SOCIAL INCLUSION OF IMMIGRANTS, REFUGEES, AND INTERNATIONAL STUDENTS IN THE UNITED STATES OF AMERICA AND CANADA. 79157073 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 154 0 1 282 1 0 1 CA 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA IL NY X NITEESE LENTON 2122197307 1 STATE STREET FL15 NEW YORK NY 10004 AUDREY HENDLEY CHAIR 2.00 X X 0 0 0 SIDNEY R HARGO VICE CHAIR 1.00 X X 0 0 0 HELEN HAYWARD SECRETARY 1.00 X X 0 0 0 FERIDUN HAMDULLAHPUR TREASURER 1.00 X X 0 0 0 CAROLINE GAYLE TRUSTEE 1.00 X 0 0 0 JOANNA HARRIES TRUSTEE 1.00 X 0 0 0 SHAKTI JAUHAR TRUSTEE 1.00 X 0 0 0 AARON WILLIAMS TRUSTEE 1.00 X 0 0 0 JULIE REDDY TRUSTEE 1.00 X 0 0 0 PAOLO VARIAS TRUSTEE 1.00 X 0 0 0 FANTA AW TRUSTEE 1.00 X 0 0 0 KAMAL BHATTACHARYA TRUSTEE 1.00 X 0 0 0 TOMAS CHAMORRO-PREMUZIC TRUSTEE 1.00 X 0 0 0 DONNA DANIELS TRUSTEE 1.00 X 0 0 0 AJAY PATEL TRUSTEE 1.00 X 0 0 0 ESTHER T BENJAMIN CEO & EXECUTIVE DIRECTOR 40.00 X 951029 0 45497 NITEESE LENTON AS OF 10724 CHIEF FINANCIAL OFFICER 40.00 X 74224 0 7081 JOHN VERMAATEN THRU 123124 CHIEF FINANCIAL OFFICER 40.00 X 560251 0 58337 CHERYL TOTO CHIEF OPERATIONS OFFICER 40.00 X 492302 0 58337 MONICA K MUNN CHIEF SOCIAL IMPACT OFFICER 40.00 X 402054 0 22412 SHAMIRA MADHANY MANAGING DIRECTOR, WES CANADA 40.00 X 328072 0 13383 MEGAN BLACKBURN SIR. DIRECTOR, STRATEGY & PLANNING 40.00 X 307107 0 45883 ABBIE J COWAN CHIEF PEOPLE OFFICER 40.00 X 392590 0 24374 BIREN SHAH CHIEF TECHNOLOGY OFFICER 40.00 X 425522 0 24150 HOLLY SANDERS CHIEF TRANSFORMATION OFFICER 40.00 X 392323 0 33482 PAUL FELTMAN DEPUTY EXECUTIVE DIRECTOR, GTB 40.00 X 418058 0 48060 ERNEST WURZBACH SR. DIRECTOR OF TECHNOLOGY 40.00 X 325501 0 43302 BRIAN KOSTANTIN SR DIRECTOR OF SALES, MKTG & CS 40.00 X 305144 0 22763 5374177 0 447061 142 0 1 0 NINESTARS INFORMATION NO 756 VASAN AVENUE MOUNT ROAD CHENNAI TAMIL NADU IN 600002 CLASSIFICATION & METADATA EVALUATION 3608510 PREMIERE RESPONSE LLC 400 EXECUTIVE BLVD FL 1 SUITE 500 SOUTHINGTON CT 06489 CUSTOMER SERVICE OUTSOURCE 3432488 EZE STORE LLC 323 SUNNY ISLES BLVD SUITE 700 SUNNY ISLES BEACH FL 331604681 TEC CONFIGURATION 1292800 CORETECH INC 34900 GRAND RIVER AVENUE FARMINGTON HILLS MI 48335 MICROSOFT 365 & AZURE CONSUMPTION 1034062 THE LOOM LLC 12400 12TH AVENUE N PLYMOUTH MN 55441 STRATEGIC INITIATIVE CONSULTANTS 590658 26 CREDENTIAL EVALUATIONS 611710 99612079 99612079 99612079 3779937 -7748 3787685 190470888 154451972 36018916 36018916 36020481 -1565 OTHER INCOME 900099 182068 182068 182068 139593000 135814628 -9313 3787685 X 4547621 4547621 2364614 2364614 5124528 2375626 2748902 38903151 30977458 7925693 2332245 1881571 450674 4564891 3678311 886580 2963985 2371188 592797 484210 5214 478996 277474 277474 19336 19336 153550 153550 7647413 6113374 1534039 1453458 1257648 195810 1966344 984398 981946 3654534 2899876 754658 1602369 1297919 304450 2263764 1367554 896210 185916 13589 172327 108197 108197 RECRUITMENT&CALL CENTER 9034934 8807508 227426 REPAIRS & MAINTENANCE 3584698 3239398 345300 POSTAGE & PRINTING 2593000 2577860 15140 CREDIT CARD & BANK FEES 2404866 2374262 30604 471637 2748 468889 98706735 79157073 19549662 0 3061833 4304272 26632732 40666989 492242 7522103 1426689 1764371 4011398 3809551 181126 201847 37948671 190652439 158934062 9497888 1754793 2933301 2657310 2222296 233089458 259765506 12102639 13797470 3089818 1832985 15063808 17887289 1719621 1141718 31975886 34659462 X 201113572 225106044 201113572 225106044 233089458 259765506 X 40886265 -16313567 -580226 X 0 1 X 1 0 X 2210038 315841 2525879 90727512 102853117 97997750 97212546 99612079 488403004 92937550 103168958 97997750 97212546 99612079 490928883 0 0 0 490928883 550974 235823 665402 2060934 3787685 7300818 550974 235823 665402 2060934 3787685 7300818 -7571 -9313 -16884 17921 12361 41871 93892 182068 348113 93506445 103417142 98705023 99359801 103572519 498560930 0.98470 0.99070 0.01460 0.00880 X SCHEDULE A, PART III, LINE 12, OTHER INCOME: OTHER INCOME CONSISTS OF VARIOUS MISCELLANEOUS INCOME. 1224 18112 19336 79137737 79157073 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 51779 32274 28547 19336 131936 250000 250000 250000 250000 1000000 1500000 8997 3246 390 1224 13857 PART II-A, LINE 1C A FEW WES STAFF AND CONSULTANTS WITH POLICY RESPONSIBLITIES IN THEIR JOB DESCRIPTIONS ENGAGE IN DISCRETE AND TARGETED ADVOCACY EFFORTS TO FURTHER THE ABILITY OF INDIVIDUALS TO FULLY UTILIZE THEIR EDUCATION AND FOR LOCAL COMMUNITIES AND EMPLOYERS TO REALIZE THEIR POTENTIAL CONTRIBUTIONS THROUGH WORK AND EARNED INCOME. WES'S STAFF AND CONSULTANTS ADVOCATE FOR POLICIES THAT PROMOTE ECONOMIC WELL-BEING OF LOCAL COMMUNITIES AND ALL RESIDENTS, INCLUDING IMMIGRANTS. MUCH OF THE WORK IS AT THE STATE LEVEL IN OCCUPATIONAL LICENSING REFORM. RELEVANT WES STAFF IS TRAINED ANNUALLY ON LOBBYING REGULATIONS, REPORTING REQUIREMENTS, AND RULES AND HAS A ROBUST PROCESS TO ENSURE COMPLIANCE. 1651670 1507832 143838 1489526 1461645 27881 870202 840074 30128 201847 LEASES LIABILITY 1141718 1141718 X PART X, LINE 2: WES IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF WES'S GENERAL NOT-FOR-PROFIT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON WES'S CONSOLIDATED FINANCIAL STATEMENTS. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 152 PROGRAM SERVICES CREDENTIAL EVALUATION SERVICES 19677282 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 152 GRANTMAKING TO SUPPORT CATALYSTIC EFFORTS THAT DRIVE INCLUSION, OPPORTYINITY & COMMUNITY INGEGRATION 2364614 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENT INVESTMENT IN QUALIFICATION CHECK LIMITED 3211317 2 304 0 0 2 304 25253213 0 25253213 NORTH AMERICA DONATION - FUND AMBASSADOR 10000 WIRE 0 FMV NORTH AMERICA DONATION - FUND AMBASSADOR 10000 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 18525 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 15235 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 22391 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 112833 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 148357 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 103108 WIRE 0 FMV NORTH AMERICA DONATION - FUND AMBASSADOR 9876 WIRE 0 FMV NORTH AMERICA DONATION - FUND AMBASSADOR 10000 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 99634 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 74934 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 148401 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 82991 WIRE 0 FMV NORTH AMERICA DONATION 10000 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 212329 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 10000 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 10000 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 74261 WIRE 0 FMV NORTH AMERICA DONATION - FUND AMBASSADOR 10000 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 113190 WIRE 0 FMV NORTH AMERICA DONATION - FUND AMBASSADOR 10000 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 592066 WIRE 0 FMV NORTH AMERICA DONATION - FUND AMBASSADOR 10000 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 73600 WIRE 0 FMV NORTH AMERICA DONATION - FUND AMBASSADOR 9995 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 75649 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 74895 WIRE 0 FMV NORTH AMERICA DIRECTLY SOLICITED GRANT 212344 WIRE 0 FMV 29 0 1 0 1 0 0 0 PART I, LINE 2: WES REQUIRES GRANT RECIPIENTS TO AGREE TO STATED TERMS AND CONDITIONS AS OUTLINED IN ITS GRANT AGREEMENTS BEFORE DISBURSEMENT OF FUNDS. AGREEMENTS ALSO OUTLINE REQUIRED REPORTING, DELIVERABLES, AND MONITORING, WHICH EACH GRANT RECIPIENT MUST AGREE TO BEFORE DISBURSEMENT OF FUNDS. ALL GRANT RECIPIENTS ARE REQUIRED TO SUBMIT, AT A MINIMUM, REPORTING ON USE OF FUNDS, FINANCIAL EXPENDITURES, IMPACT CREATED, AND OTHER MILESTONES AT THE END OF THE GRANT TERM. ADDITIONALLY, PER THE GRANT AGREEMENT, ALL GRANT RECIPIENTS MUST PROVIDE REASONABLE ACCESS TO THE WES MARIAM ASSEFA FUND OR ITS DESIGNEES TO OBSERVE FUNDED PROGRAMS, ASSESS THE OUTCOMES AND IMPACT OF FUNDED EFFORTS, AND REVIEW FINANCIAL AND OTHER RECORDS. PART I, LINE 3: THE EXPENDITURES REPORTED REPRESENT THE ANNUAL INTERNATIONAL ACADEMIC DOCUMENT AUTHENTICATION AND CREDENTIAL EVALUATION OPERATIONS WHICH ARE EXPENDITURES OF WORLD EDUCATION SERVICES, CANADA (A BRANCH OF WORLD EDUCATION SERVICES, INC.) AS WELL AS GRANTS, TRANSLATED INTO U.S. DOLLARS. THE EXPENDITURES HAVE BEEN REPORTED ON THE ACCRUAL BASIS. 1 ALIANZA AMERICAS 3030 W CERMAK APT 2 CHICAGO IL 60623 342066826 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT ANNUNCIATION HOUSE INC 815 MYRTLE AVE EL PASO TX 79901 741152529 501(C)(3) 10000 0 DONATION ARTS FOR ALL INC 24699 DEL PRADO DANA POINT CA 92629 920837042 501(C)(3) 10000 0 DONATION ASSET FUNDERS NETWORK 2045 W GRAND AVE STE B CHICAGO IL 60612 831215288 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT SPNSORED BY ASSET FUNDERS NETWORK BOARD OF TRUSTEES OF COMMUNITY COLLEGE DISTRICT 1101 17TH ST NW 300 WASHINGTON DC 20036 526120210 501(C)(3) 100000 0 SIIP DEMONSTRATION PROGRAM GRANT CHICAGO COMMUNITY FOUNDATION 33 S STATE ST STE 750 CHICAGO IL 60603 362167000 501(C)(3) 53000 0 PROJECT-BASED SUPPORT GRANT CLIMATE MOBILIZATION PROJECT 228 PARK AVE S PMB 87816 NEW YORK NY 10003 811235389 501(C)(3) 10000 0 DONATION CODE THE DREAM 201 W MAIN ST STE 100 PMB003 DURHAM NC 27701 263275886 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT COMMUNITY INCLUSION & DEVELOPMENT ALLIANCE 3850 BELL BLV STE A2 BAYSIDE NY 11361 814707052 501(C)(3) 10000 0 DONATION FWDUS EDUCATION FUND (GRANTEE NATIONAL DIGNITY FOR FAMILIES FUND) 701 8TH ST NW STE 800 WASHINGTON DC 20001 820962378 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT HAVENLY 25 TEMPLE STREET NEW HAVEN CT 06510 831094860 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT IMMIGRANT ALLIANCE FOR JUSTICE & EQUITY 150 STATE STREET 4TH FL ALBANY NY 12207 850595592 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT INCLUSIVE ACTION FOR THE CITY 2900 E CESAR E CHAVEZ AVE LOS ANGELES CA 90033 270584116 501(C)(3) 125000 0 GENERAL OPERATING SUPPORT GRANT INDIANA UNDOCUMENTED YOUTH ALLIANCE 1100 W 42ND STREET SUITE 125 INDIANAPOLIS IN 46208 811067948 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT INLAND EMPIRE IMMIGRANT YOUTH COLLECTIVE 3610 CENTRAL AVE STE 204 RIVERSIDE CA 92506 883186870 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT INTERRELIGIOUS FOUNDATION FOR COMMUNITY ORGANIZATION 418 WEST 145TH STREET NEW YORK NY 10031 132590548 501(C)(3) 10000 0 DONATION LA PLAZA DE ENCUENTRO GATHERING PLACE 907 4TH STREET SW ALBUQUERQUE NM 87102 272016727 501(C)(3) 225000 0 GENERAL OPERATING SUPPORT GRANT LOUISIANA ORGANIZATION FOR REFUGEES AND IMMIGRANTS 1120 GOVERNMENT STREET BLDG E BATON ROUGE LA 70802 823005401 501(C)(3) 10000 0 DONATION NATIONAL ASSOCIATION OF SYSTEM HEADS 1750 16TH ST NW APT31 WASHINGTON DC 20009 208987993 501(C)(3) 200000 0 PROJECT-BASED SUPPORT GRANT NATIONAL FUND FOR WORKFORCE SOLUTIONS 1250 CONNECTICUT AVE NW STE 200 WASHINGTON DC 20036 475172476 501(C)(3) 20000 0 CONFERENCE SPONSORSHIP NATIONAL GOVERNORS ASSOCIATION CENTER FOR BEST PRACTICES 444 NORTH CAPITOL STREET NW SUITE 267 WASHINGTON DC 20001 237391796 501(C)(3) 25000 0 GENERAL OPERATING SUPPORT GRANT NATIONAL PARTNERSHIP FOR NEW AMERICANS INC 1805 S ASHLAND AVE CHICAGO IL 60608 453419142 501(C)(3) 110000 0 GENERAL OPERATING SUPPORT GRANT OAKLAND BLOOM 1721 BROADWAY SUITE 201 OAKLAND CA 94612 811393321 501(C)(3) 50000 0 GENERAL OPERATING SUPPORT GRANT ONE FAIR WAGE 175 VARICK STREET 2ND FL NEW YORK NY 10014 850692228 501(C)(3) 90000 0 GENERAL OPERATING SUPPORT GRANT ONE TO WORLD 307 7TH AVE SUITE 2003 NEW YORK NY 10001 133179151 501(C)(3) 7500 0 SPONSORSHIP PARTNERSHIP FOR THE ADVANCEMENT OF NEW AMERICANS 5577 UNIVERSITY AVE SAN DIEGO CA 92105 475299457 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT PRESTON SOLUTIONS & SUPPORT LLC 454 CARDINAL LANE UPLAND CA 91786 464105913 100000 0 GENERAL OPERATING SUPPORT GRANT REFUGEE & IMMIGRANT VOICES IN ACTION 2309 EUCLID AVE DES MOINES IA 50310 461017191 501(C)(3) 100000 0 GENERAL OPERATING SUPPORT GRANT REPRODUCTIVE HEALTH INVESTORS ALLIANCE INC 47 KEARNY STREET SUITE 600 SAN FRANCISCO CA 94108 830828013 501(C)(3) 200000 0 PROJECT-BASED SUPPORT GRANT RESILIENCE FORCE PO BOX 52046 NEW ORLEANS LA 70152 845151214 501(C)(3) 150000 0 GENERAL OPERATING SUPPORT GRANT SORENSON IMPACT INSTITUTE 1755 STEDENT LIFE WAY SALT LAKE CITY UT 84112 453203840 501(C)(3) 300000 0 PROJECT-BASED SUPPORT GRANT TECHNICALLY 10800 NE 8TH ST BELLEVUE WA 98004 882841715 501(C)(3) 100000 0 PROJECT-BASED SUPPORT GRANT TECHSTARS PARTNERS 2021 LLC 4845 PEARL EAST CIRCLE SUITE 118 PMB 99696 BOULDER CO 80301 264507415 536667 0 PROJECT-BASED SUPPORT GRANT TEXAS TRIBUNE INC 919 CONGRESS 6TH FL AUSTIN TX 78701 264527097 501(C)(3) 10000 0 SPONSORSHIP UPWARDLY GLOBAL 582 MARKET ST SUITE 1207 SAN FRANCISCO CA 94104 943346127 501(C)(3) 160000 0 PROJECT-BASED SUPPORT GRANT WELCOMING AMERICA PO BOX 747002 ATLANTA GA 30374 271049805 501(C)(3) 85000 0 PROJECT-BASED SUPPORT GRANT WELCOMING CENTER FOR NEW PENNSYLVANIANS 211 N 13TH STREET PENNSYLVANIA PA 19107 233001411 501(C)(3) 110000 0 GENERAL OPERATING SUPPORT GRANT WOMEN WATCH AFRIKA INC PO BOX 208 AVONDALE ESTATES GA 30002 582581246 501(C)(3) 10000 0 DONATION WORKERS DEFENSE PROJECT 5604 MANOR RD AUSTIN TX 78723 352296166 501(C)(3) 150000 0 GENERAL OPERATING SUPPORT GRANT YOUTH EDUCATION AND DEVELOPMENT PROGRAM 3268 SEMINOLE AVE MACON GA 31204 831689687 50000 0 LUBUNGA (FISCALLY SPONSORED BY YOUTH EDUCATION AND DEVELOPMENT PROGRAM) GENERAL OPERATING SUPPORT GRANT 40 3 PART I, LINE 2: WES REQUIRES GRANT RECIPIENTS TO AGREE TO STATED TERMS AND CONDITIONS AS OUTLINED IN ITS GRANT AGREEMENTS BEFORE DISBURSEMENT OF FUNDS. AGREEMENTS ALSO OUTLINE REQUIRED REPORTING, DELIVERABLES, AND MONITORING, WHICH EACH GRANT RECIPIENT MUST AGREE TO BEFORE DISBURSEMENT OF FUNDS. ALL GRANT RECIPIENTS ARE REQUIRED TO SUBMIT, AT A MINIMUM, REPORTING ON USE OF FUNDS AND OTHER MILESTONES AT THE END OF THE GRANT TERM. ADDITIONALLY, PER THE GRANT AGREEMENT, ALL GRANT RECIPIENTS MUST PROVIDE REASONABLE ACCESS TO THE WES MARIAM ASSEFA FUND OR ITS DESIGNEES TO OBSERVE FUNDED PROGRAMS, ASSESS THE OUTCOMES AND IMPACT OF FUNDED EFFORTS, AND REVIEW FINANCIAL AND OTHER RECORDS. 1 X X X X 0 1 0 0 0 0 0 1 0 ESTHER T BENJAMIN CEO & EXECUTIVE DIRECTOR 614029 0 337000 0 0 0 24150 0 21347 0 996526 0 0 0 JOHN VERMAATEN THRU 123124 CHIEF FINANCIAL OFFICER 340251 0 220000 0 0 0 24150 0 34187 0 618588 0 0 0 CHERYL TOTO CHIEF OPERATIONS OFFICER 357302 0 135000 0 0 0 24150 0 34187 0 550639 0 0 0 PAUL FELTMAN DEPUTY EXECUTIVE DIRECTOR, GTB 343058 0 75000 0 0 0 24150 0 23910 0 466118 0 0 0 BIREN SHAH CHIEF TECHNOLOGY OFFICER 315522 0 110000 0 0 0 24150 0 0 0 449672 0 0 0 HOLLY SANDERS CHIEF TRANSFORMATION OFFICER 301323 0 91000 0 0 0 24150 0 9332 0 425805 0 0 0 MONICA K MUNN CHIEF SOCIAL IMPACT OFFICER 307054 0 95000 0 0 0 22412 0 0 0 424466 0 0 0 ABBIE J COWAN CHIEF PEOPLE OFFICER 301590 0 91000 0 0 0 24150 0 224 0 416964 0 0 0 ERNEST WURZBACH SR. DIRECTOR OF TECHNOLOGY 254701 0 70800 0 0 0 20112 0 23190 0 368803 0 0 0 MEGAN BLACKBURN SIR. DIRECTOR, STRATEGY & PLANNING 242107 0 65000 0 0 0 21973 0 23910 0 352990 0 0 0 SHAMIRA MADHANY MANAGING DIRECTOR, WES CANADA 251422 0 76650 0 0 0 3895 0 9488 0 341455 0 0 0 BRIAN KOSTANTIN SR DIRECTOR OF SALES, MKTG & CS 240044 0 65100 0 0 0 21395 0 1368 0 327907 0 0 0 PART I, LINE 4B: THE 457(B) PLAN IS AVAILABLE FOR ALL SENIOR DIRECTORS AND ABOVE. THE PLAN WAS ESTABLISHED AND MAINTAINED FOR THE PURPOSE OF PROVIDING AN ADDITIONAL MEANS FOR DEFERRED COMPENSATION FOR SPECIFIED EMPLOYEES. THE PLAN CONSISTS OF ONLY EMPLOYEE CONTRIBUTIONS AND WES DOES NOT PROVIDE ANY CONTRIBUTIONS TO THE 457(B) PLAN. PART I, LINE 7: WES HAS A PERFORMANCE-BASED INCENTIVE PLAN WITH PAYMENT LEVELS SET AT YEAR-END BY THE BOARD. FORM 990, PART I, LINE 1 WES IS A NOT-FOR-PROFIT SOCIAL ENTERPRISE THAT SUPPORTS THE EDUCATIONAL, ECONOMIC, & SOCIAL INCLUSION OF IMMIGRANTS, REFUGEES AND INTERNATIONAL STUDENTS IN THE UNITED STATES OF AMERICA AND CANADA. FORM 990, PART III, LINE 4A CREDENTIAL EVALUATION: SINCE WES WAS FOUNDED, IT HAS CUMULATIVELY SUPPORTED OVER 4 MILLION INDIVIDUALS AND COLLABORATED WITH NEARLY 60,000 INSTITUTIONS IN MORE THAN 200 COUNTRIES. WES'S INDUSTRY-STANDARD REPORTS ARE RECOGNIZED BY THOUSANDS OF ACADEMIC INSTITUTIONS, LICENSING BODIES, AND EMPLOYERS THROUGHOUT THE UNITED STATES AND CANADA. WES USES REVENUES FROM ITS CREDENTIAL EVALUATIONS TO SUPPORT A BROAD VARIETY OF SOCIAL IMPACT INITIATIVES TO SUPPORT IMMIGRANTS AND REFUGEES. FORM 990, PART III, LINE 4B SOCIAL IMPACT: PROGRAMS: WES INCUBATES AND IMPLEMENTS PROGRAMS THAT TACKLE SOME OF THE MOST PERSISTENT CHALLENGES THAT PREVENT IMMIGRANTS AND REFUGEES FROM THRIVING IN THE U.S. AND CANADA. PROGRAMS ARE DESIGNED TO DRIVE CHANGE AT A SYSTEMS LEVEL WITH THE GOAL OF BEING SCALABLE OR REPLICABLE IN OTHER COMMUNITIES AND INDUSTRIES. EXAMPLES OF PROGRAMS INCLUDE THE SKILLED IMMIGRANT INTEGRATION PROGRAM, THE GLOBAL TALENT LEADERSHIP NETWORK, AND #IMMIGRANTSWORK. PHILANTHROPY: THE WES MARIAM ASSEFA FUND SEEKS TO CATALYZE ECONOMIC INCLUSION, OPPORTUNITIES, AND MOBILITY IN SUPPORT OF IMMIGRANTS AND REFUGEES IN THE U.S. AND CANADA. THROUGH GRANTMAKING AND IMPACT INVESTING, THE FUND SUPPORTS EFFORTS TO BRING ABOUT INCLUSIVE ECONOMIES AND TO ENSURE THAT ALL IMMIGRANTS AND REFUGEES CAN ACHIEVE THEIR GOALS AND THRIVE. POLICY AND ADVOCACY: THROUGH POLICY ADVOCACY, WES AIMS TO PROMOTE SKILLS-COMMENSURATE CAREER ADVANCEMENT AND REMOVE BARRIERS TO ECONOMIC MOBILITY. WES SEEKS TO DRIVE THE ADOPTION OF NEW POLICIES BY PROVIDING EVIDENCE, PROPOSING SOLUTIONS, ENGAGING POLICYMAKERS, NURTURING COMMUNITIES OF PARTNERS AND INFLUENCERS, SERVING AS A RESOURCE, AND RAISING PUBLIC AWARENESS. PARTNERSHIPS: WES SERVES AS A CONVENER OF MANY NETWORKS ACROSS THE U.S. AND CANADA. THE GOAL IS TO CREATE A HUB FOR SHARING, LEARNING, AND CO-CREATING A FUTURE IN WHICH IMMIGRANTS, REFUGEES, AND INTERNATIONAL STUDENTS CAN REALIZE THEIR ACADEMIC AND PROFESSIONAL GOALS. THE WES MARIAM ASSEFA FUND ALSO ENGAGES PARTNERS THROUGH CO-FUNDING WITH OTHER LIKE-MINDED FUNDERS TO COMPOUND RESOURCES AND IMPACT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE CEO & EXECUTIVE DIRECTOR. COPIES ARE SENT OUT TO THE ENTIRE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, THE BOARD OF TRUSTEES, AS WELL AS SENIOR MANAGEMENT STAFF, ARE REQUIRED TO COMPLETE AND SIGN A "CONFLICT OF INTEREST DISCLOSURE FORM." THIS IS DONE IN THE FIRST HALF OF THE YEAR. EACH SIGNER INDICATES THAT THEY HAVE READ WES'S CONFLICT OF INTEREST POLICY AND INDICATES WHETHER THEY DO OR DO NOT HAVE A CONFLICT OR A POTENTIAL CONFLICT. THESE FORMS ARE REVIEWED BY WES'S CHIEF FINANCIAL OFFICER FOR COMPLIANCE. TO DATE, THERE HAS BEEN COMPLIANCE WITH THE POLICY. SHOULD A CONFLICT BE FOUND, WES WILL ADDRESS SUCH CONFLICT ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 EVERY TWO TO THREE YEARS, WES ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT TO REVIEW WES'S SALARIES, SALARY STRUCTURE, AND SALARY POLICY AND MAKE RECOMMENDATIONS FOR CHANGES. COMPARABILITY DATA IS USED. THE COMPENSATION CONSULTANT REPORTS TO THE COMPENSATION COMMITTEE. THE FULL REPORT IS APPROVED BY THE BOARD OF TRUSTEES. THE COMPENSATION REPORT ADDRESSES THE COMPARABILITY OF THE CEO & EXECUTIVE DIRECTOR'S SALARY AS WELL AS THE SALARY OF ALL OFFICERS AND KEY EMPLOYEES. IN ADDITION, THE BOARD OF TRUSTEES ANNUALLY APPROVES AND PROVIDES SUBSTANTIATION OF THE DELIBERATION AND DECISION REGARDING THE CEO & EXECUTIVE DIRECTOR'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 WES PROVIDES THE FORM 990 UPON REQUEST. FORM 990, PART IX, LINE 11G GLOBAL TALENT BRIDGE: PROGRAM SERVICE EXPENSES 389,090. MANAGEMENT AND GENERAL EXPENSES 97,635. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 486,725. COMMUNICATION: PROGRAM SERVICE EXPENSES 152,754. MANAGEMENT AND GENERAL EXPENSES 38,331. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 191,085. BUSINESS TRANSFORMATION, IT, SYSTEMS AND RELATED CONSULTANTS: PROGRAM SERVICE EXPENSES 2,284,878. MANAGEMENT AND GENERAL EXPENSES 573,348. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,858,226. MARKETING: PROGRAM SERVICE EXPENSES 676,887. MANAGEMENT AND GENERAL EXPENSES 169,852. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 846,739. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 297,686. MANAGEMENT AND GENERAL EXPENSES 74,699. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 372,385. OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 2,312,079. MANAGEMENT AND GENERAL EXPENSES 580,174. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,892,253. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION LOSS -879,458. EQUITY IN EARNINGS OF INVESTEE 299,232. WES HOLDCO LLC 1 STATE STREET FL15 NEW YORK NY 10004 994195533 HOLDINGS OF STRATEGIC INVESTMENTS AND OTHER MISSION ALIGNED INVESTMENTS DE 299232 7208325 WORLD EDUCATION SERVICES INC WORLD EDUCATION SERVICES CANADA SUITE 800 130 ADELAIDE ST W OXF TORONTO ONTARIO CA M5H 3P5 DEGREE EVALUATION CA -4944207 29878864 WORLD EDUCATION SERVICES INC EMINENCE QUALIFICATION CHECK PRIVATE LIMITED 5 8F ECSTASY CITY OF JOY MULUNDWEST MUMBAI IN 400080 CREDENTIAL VERIFICATION IN QUALIFICATION CHECK LTD C 60039 24493 0.20640 0 QUALIFICATION CHECK LTD CHURCHILL HOUSE 137-139 BRENT STRE LONDON UK NW4 4DJ CREDENTIAL VERIFICATION UK WORLD EDUCATION SERVICES INC C 551331 618217 0.20850 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0