2023 Form 990 - World Affairs Council 3.31.24 YE - Flipbook - Page 16
WORLD AFFAIRS COUNCIL OF
DALLAS/FORT WORTH
Form 990 (2023)
Part XI Reconciliation of Net Assets
75-0855628
Page 12
Check if Schedule O contains a response or note to any line in this Part XI
2,673,033.
2,445,706.
227,327.
2,053,918.
109,745.
1
Total revenue (must equal Part VIII, column (A), line 12) ~~~~~~~~~~~~~~~~~~~~~~~~~~
1
2
Total expenses (must equal Part IX, column (A), line 25) ~~~~~~~~~~~~~~~~~~~~~~~~~~
2
3
Revenue less expenses. Subtract line 2 from line 1
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
3
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ~~~~~~~~~~
4
5
Net unrealized gains (losses) on investments
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
5
6
Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
6
7
Investment expenses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
7
8
Prior period adjustments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
8
9
Other changes in net assets or fund balances (explain on Schedule O)
9
0.
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32,
10
2,390,990.
~~~~~~~~~~~~~~~~~~
column (B))
Part XII Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII
1
Accounting method used to prepare the Form 990:
Cash
X Accrual
Yes
X
No
Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on Schedule O.
2 a Were the organization's financial statements compiled or reviewed by an independent accountant? ~~~~~~~~~~~~
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a
X
2a
separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
b Were the organization's financial statements audited by an independent accountant? ~~~~~~~~~~~~~~~~~~~
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,
2b
X
2c
X
consolidated basis, or both:
X Separate basis
Consolidated basis
Both consolidated and separate basis
c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,
review, or compilation of its financial statements and selection of an independent accountant? ~~~~~~~~~~~~~~~
If the organization changed either its oversight process or selection process during the tax year, explain on Schedule O.
3 a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the
Uniform Guidance, 2 C.F.R. Part 200, Subpart F? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit
or audits, explain why on Schedule O and describe any steps taken to undergo such audits
332012 12-21-23
19010211 784124 WOR062000
3a
X
3b
Form 990 (2023)
15
2023.05050 WORLD AFFAIRS COUNCIL OF
WOR06201
