NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE WORLD FUND INC DBA A BETTER WORLD FUND, founded in 1987, is a micro nonprofit that reported $357 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 2748% operating deficit.
A Better World Fund gives grants annually to deserving charities working internationally and in the United States in the areas of Peace, Hunger, Health, Human Rights, Ecology, Education, and Economic Development.
In November 2020, the Board passed a resolution to dissolve the Organization. In 2021, all assets were donated to various nonprofit organizations in the United States to continue facilitating...
In November 2020, the Board passed a resolution to dissolve the Organization. In 2021, all assets were donated to various nonprofit organizations in the United States to continue facilitating, encouraging, and furthering world betterment. In December 2020, the Board approved a total of $700,000 donation to 14 different nonprofit organizations. In March 2021, another $150,000 of donations to another 11 different nonprofit organizations was approved by the board. All $850,000 was paid out in 2021.In 2022, the cash balance was used to pay for accounting, legal, and filing fees related to the dissolution process. The final remaining balance was given to a nonprofit organization approved by the Board.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $357 | $161,108 | -1.0% |
| Expenses | $10,168 | $153,342 | -0.9% |
| Net Income | $-9,811 | $7,766 | -2.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ronald Jacobs | President | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ann M Randolph CPA | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Shanin Coleman | Board Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Allegra Parks | Board Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert T Perry | Board Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alpa Rajai | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $357 | $10,168 | No data | $-9,811 |
| 2021 | $161,108 | $153,342 | $9,811 | $7,766 |
| 2020 | $37,767 | $704,354 | $702,045 | $-666,587 |
| 2019 | $45,301 | $34,382 | $688,930 | $10,919 |
| 2018 | $42,532 | $33,174 | $653,527 | $9,358 |
Compare THE WORLD FUND INC DBA A BETTER WORLD FUND with other nonprofits in New York and across the country.