A message from the Executive Director

by David Barth

Fiscal 2011 was another year of rebuilding for World Accord. In the

fall, we hired Denise Wamsley. Her job is to handle everything with

regards to events coordination. She will design and create events, find

sponsors, recruit and train volunteers, get the media involved and

then actually run the events. This is a lot to ask of any one person but

Denise is a ball of energy and enthusiasm and is really connected with

the local community here in Kitchener-Waterloo. She is charged with

creating our first event to venture into our local community. We have

been here for 25 years and most people have never heard of World

Accord. As a part of our diversification plans that is about to change.

Nelson has been busy in his first full year with us. The Canada

Revenue Agency has been tightening up their rules and regulations for

organizations that send money out of the country–organizations like

World Accord. While we were updating our agreements with field

partners, we made changes to the nature of those agreements to abide

by the new rules. There was a tremendous amount of work creating

these new agreements to be in compliance and in working with our

Our mission

World Accord brings people together.

Affirming the sacred worth and dignity

of each person, we respond as partners

to opportunities that nurture the basic

well-being of all.

Our vision

We have a vision of world accord – the

flourishing of well-being for all where:

basic human needs are met

every person has the opportunity to

fulfill their potential

diverse people live peacefully in global

community

care of earth and love of neighbour

shape our life together

Annual Report 2011

Continued on pg. 2

India

Partner: CORDI Women's Shelter

Sources of Funding: World Accord Donors & World Hunger Fund

2011 programming included $33,000 in support of Gender & Development,

Education, Community Building and Health initiatives.

Guatemala

Partner: Women in Action (MeA)

Sources of Funding: World Accord Donors & World Hunger Fund

2011 programming included $88,500 in support of Children's Rights, Community

Building, Education, Environment, Micro Enterprise & Micro Credit and

Sustainable Agriculture & Food Production initiatives.

Honduras

Partners: Rural Reconstruction Program (PRR) and Project Global Village

Sources of Funding: World Accord Donors & World Hunger Fund

2011 programming included $277,920 in support of Community Building,

Education, Environment, Development Education, Micro Enterprise & Micro

Credit, Sustainable Agriculture & Food Production initiatives as well as

Construction Expeditions.

El Salvador

Partner: ADCASMUS (formerly PERC)

Sources of Funding: World Accord Donors & World Hunger Fund

2011 programming included $36,902 in support of Community Building,

Education and Micro Enterprise & Micro Credit

Haiti

Partner: FIDA/pcH

Sources of Funding: World Accord Donors

2011 programming included $21,010 in support of community development,

agricultural cooperatives development and training.

Nepal

Partner: WPD - Nepal and SAP - Nepal

Sources of Funding: World Accord Donors & World Hunger Fund

2011 programming included $25,664 in support of Community Building,

Leadership Training and Micro Enterprise Development and Micro Loans

Sri Lanka

Partner: SAP - Sri Lanka

Sources of Funding: World Accord Donors, World Hunger Fund & SAP - Canada

2011 programming included $34,383 in support of Community Building,

Leadership Training and Women’s Enterprise Development

partners to implement these

changes in a way that honours our

philosophy and commitment to

equality among partners. We even

had a legal specialist in this field

look over our agreements and had

them professionally translated into

Spanish for our Central American

partners. In the end we learned

that we were miles ahead of other

NGO’s in Canada who were just

becoming aware of the need for

change. It is great to be ahead of the

curve once again.

Now with a full compliment of staff

we intend to reach more people

than ever and make it to more

events. Invite us to your

congregation or service club or

other community event. Building

community is central to our work

and if you want help building yours,

be sure to call and talk to us any

time. We are your cause and we are

here to answer your questions and

concerns as you try–like we do–to

make this world a better place for

everyone. Thank you for your

support. You and World Accord,

together with our partners, will

accomplish great things in 2012.

2

Programming Highlights Continued from pg. 1

Balance Sheet as at March 31, 2011

GENERAL FUND 2010

ASSETS

Current:

Cash $207,607

Short term Investments $400,000

Accounts receivable and prepaid expenses $3,121

Prepaid Expenses $608

$611,336

Office furniture and equipment $48,323

Accumulated amortization $36,659

$11,664 Long Term

Investments

Unrestricted Investments $11,565

Contingincy Reserve $121,769

$133,334

TOTAL ASSETS $756,334

LIABILITIES AND FUND BALANCE

Accounts Payable $41,632

Deferred Revenue $483,977

General Fund Balance - unrestricted $97,292

General Fund Balance - Capital Assets $11,664

$634,565

RESERVE FUND

ASSETS

Cash $121,769

FUND BALANCE- Unrestricted $121,769

Financial Report

REVENUES 2010 2011

5 Year

Average

Donations $434,547

Grants from charitable organizations $388,533

Consortia $16,019

Investment and other income $23,454

$862,553 $1,011,485

EXPENSES

Administration $101,621

Fundraising $77,791

$179,412

Less Private core funding

donations ($17,202) Core funding from

organizations ($40,745)

Operating Total $121,465 $129,829

Programming Project

development $54,757

Education $63,994

Project costs $609,047

Programming Total $727,798 $867,486

$849,263 $997,373

OPERATING EXCESS (Loss) FOR THE YEAR $13,290

NET ASSETS - Opening $217,435

NET ASSETS - Closing $230,725 Five Year Average of net percentage Admin and Fundraising =

$129,829/$997,373 = 13.0%

Statement of Revenues and Expenses - General Fund for the Year Ended March 31, 2010

3

2011

$253,919

$331,136

$7,884

$0

$592,939

$50,032

$40,415

$9,617

$18,934

$121,769

$140,703

$743,259

$7,132

$489,896

$114,845

$9,617

$621,490

$121,769

$121,769

$453,255

$340,538

$9,605

$15,368

$818,766

$90,101

$83,191

$173,292

($11,898)

($41,490)

$119,904

$64,952

$77,134

$541,270

$683,356

$803,260

$15,506

$230,725

$246,231

A special thanks goes to all our donors

and volunteers.

None of this work would be possible

without your generous support.

Special Thanks to our Funders

Community of Christ World Hunger Fund

South Asia Partnership (SAP) - Canada

Community of Christ Congregations

First Unitarian Congregation of Toronto

Board Of Directors

Lew Shepherdson, President, ON

Rosilyn Coulson, VP, BC

David Brown, C of C

James Poirier, Treasurer, ON

Tiona Taylor, ON

Douglas MacArthur, AB

Steve Capling, Past President, BC

Key Volunteers

Al Wigood

Ruth Rosner

Darlene Kent

Richard Kirsh

Sandra Fielder

Jens Schoenrank

Steve Morrison

Mary and Gord Burbidge

Chad and Shannon Dailey

Staff

David Barth, Incoming Executive Director

Nelson Rosales, Program Officer

Denise Wamsley - Special Events & Communications

Ann Meinzinger, Office Administrator

World Accord

1C-185 Frobisher Dr.

Waterloo, Ontario

Canada N2V 2E6

Phone: 519.747.2215

Toll free: 1.800.525.3545

worldaccord.org

waccord@worldaccord.org

Registered Canadian Charity No.

11883 6030 RR0001

4

Thank you!