A message from the Executive Director

by David Barth

I took over as executive director of World Accord in July of this year.

Terry Fielder left the position exactly 25 years after he first assumed

the responsibility for World Accord – then Canadian Saints Outreach.

Previously a staff of 4, I started this job with only Ann Meinzinger –

Administrative Assistant and Bookkeeper – to help me fulfill the

mission of World Accord. Lets back up a bit. Because I had no

overwhelming desire to assume leadership at World Accord and was

quite content to support Terry as his resource director, he had no idea

that I would seek this role and did not hire a new program officer,

feeling that this should be the prerogative of the new executive director.

When I searched my heart and determined there was no one who knew

the partners or programs better than I did, I did an about face and

applied for the job. When I became executive director, though, I had no

resource director to support me as well as no program officer. Ann and

I were unbelievably busy those first several months trying desperately

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 2010

Continued on pg. 2

India

Partner: CORDI Women's Shelter and Sigaram Trust

Sources of Funding: World Accord Donors & World Hunger Fund

2010 programming included $49,697 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

2010 programming included $75,602 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

2010 programming included $334,395 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

2010 programming included $33,801 in support of Community Building,

Education and Micro Enterprise & Micro Credit

Haiti

Partner: Mennonite Central Committee and FIDA/pcH

Sources of Funding: World Accord Donors

2010 programming included $15,704 in support of emergency relief efforts

following the devastating earthquake that hit Haiti.

Nepal

Partner: SAP - Nepal

Sources of Funding: World Accord Donors & World Hunger Fund

2010 programming included $76,236 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

2010 programming included $19,184 in support of Community Building, Leadership

Training and Women’s Enterprise Development

Continued from pg. 1

not to drop any balls or let things

fall through the cracks.

After an extensive search, I hired

Nelson Rosales as my program

officer. It was important to have a

professional with a solid

international development

education and excellent field

experience. Nelson fit the bill

perfectly. Hiring him was one of the

highlights of my first year and

crucial to the development of a new

team at World Accord.

During this first year, I was also

reminded at how blessed we were as

an organization to have such great

field partners that continued to do

excellent program work despite the

things that inevitably fell through

cracks here in Canada. I am also

extremely grateful for the faithful

supporters of World Accord who

gave me encouragement and

support during the hectic times—

especially the volunteer members of

our board of directors.

I recognized early on that World

Accord is not just a charity or an

NGO. It is also a system. It includes

donors and volunteers, board

members and staff, project partners

and participants, money, time, skills

and much more. Like any system,

World Accord requires diversity to

stay healthy. My goal for is to

diversify the base of funding for

World Accord and help our partners

to diversify their funding bases. As I

embark on this journey of

diversification, I will do my best to

always serve the needs of our

partners and constituents. Thank

you for taking this journey with me.

Together we can and will change the

world for thousands of hardworking

families living in extreme poverty.

Let’s roll up our sleeves and get

started shall we?

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Programming Highlights 2010

Balance Sheet as at March 31, 2010

GENERAL FUND 2009 2010

ASSETS

Current:

Cash $756,928 $207,607

Short term Investments $0 $400,000

Accounts receivable and prepaid expenses $3,861 $3,121

Prepaid Expenses $270 $608

$761,059 $611,336

Office furniture and equipment $46,943 $48,323

Accumulated amortization $31,956 $36,659

$14,987 $11,664 Long Term

Investments

Unrestricted Investments $10,647 $11,565

Contingincy Reserve $104,310 $121,769

$114,957 $133,334

TOTAL ASSETS $891,003 $756,334

LIABILITIES AND FUND BALANCE

Accounts Payable $37,265 $41,632

Deferred Revenue $636,303 $483,977

General Fund Balance - unrestricted $98,138 $97,292

General Fund Balance - Capital Assets $14,987 $11,664

$786,693 $634,565

RESERVE FUND

ASSETS

Cash $104,310 $121,769

FUND BALANCE- Unrestricted $104,310 $121,769

Financial Report

REVENUES 2009 2010

5 Year

Average

Donations $569,463 $434,547

Grants from charitable organizations $270,061 $388,533

Consortia $200,000 $16,019

Investment and other income ($9,213) $23,454

$1,030,311 $862,553 $1,059,665

EXPENSES

Administration $109,413 $101,621

Fundraising $91,185 $77,791

$200,598 $179,412

Less Private core funding

donations ($22,313) ($17,202) Core funding from

organizations ($40,745) ($40,745)

Operating Total $137,540 $121,465 $132,311

Programming Project

development $63,815 $54,757

Education $48,549 $63,994

Project costs $786,121 $609,047

Programming Total $898,485 $727,798 $913,519

$1,036,025 $849,263 $1,045,901

OPERATING EXCESS (Loss) FOR THE YEAR ($5,714) $13,290

NET ASSETS - Opening $223,149 $217,435

NET ASSETS - Closing $217,435 $230,725 Five Year Average of net percentage Admin and Fundraising =

$132,311/$1,045,901 = 12.65%

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

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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

Steve Capling, President, BC

Lew Shepherdson, VP/Treasurer, ON

Mary Jacks Dynes, C of C

Rosilyn Coulson, BC

Diana Hill, ON

Tiona Taylor, ON

Douglas MacArthur, AB

Carley Cole, Secretary, AB

Key Volunteers

Al Wigood

Ruth Rosner

Darlene Kent

Richard Kirsh

Sandra Fielder

Jens Schoenrank

Mary and Gord Burbidge

Chad and Shannon Dailey

Staff

Terry Fielder, Outgoing Executive Director

David Barth, Incoming Executive Director

Nelson Rosales, Program Officer

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

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Thank you!