WORLDS FAIR BID COMMITTEE EDUCATIONAL FUND

EIN: 473629241 501(c)(3) Education

Minneapolis, MN

Total Revenue
$291,670
Total Expenses
$255,949
Total Assets
$25,297
Net Assets
$-83,827
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MN
Principal Officer
Donald Mark Ritchie
Phone
6122317707
Tax Period
2024-01-01 to 2024-12-31

WORLDS FAIR BID COMMITTEE EDUCATIONAL FUND, founded in 2015, is a small nonprofit in the Education sector that reported $292K in total revenue in fiscal year 2024. Revenue surged 193% from the prior year, signaling strong growth momentum. Expenses of $256K left a modest 12% surplus.

Mission

Public education on the value of World Expos

Program Service Accomplishments

Program 1
Expenses: $220,092 Revenue: $0

The World's Fair Bid Committee Educational Fund works to inform citizens of the United States about the value of international expositions, often referred to as World Fairs and World Expos, During...

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The World's Fair Bid Committee Educational Fund works to inform citizens of the United States about the value of international expositions, often referred to as World Fairs and World Expos, During this past year we experienced modest organizational growth, including increased participation in first-hand information gathering and sharing in two World Expos - Dubai EXPO 2020 and Expo Osaka 2025. In the case of the Dubai Expo, the Worlds Fair Bid Committee Educational Fund participated in educational programs both in Minnesota and in Dubai at the Expo site, and we used the internet to make these educational programs available to millions around the planet. We worked closely with the organizers of the upcoming, in 2025, Osaka Expo on a range of public education issues, designed to boost Minnesota citizen awareness of and desire to participate in Expo Dubai. During the year we have been able to support efforts to bring a World Expo to the United States, specifically to Minnesota in 2027 and to other interested cities, like Houston. We anticipate that activities in each of these areas will continue to grow.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $291,670
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $291,670

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,243
Program Expenses $220,092
Other Expenses $255,949
TOTAL EXPENSES $255,949

Year-over-Year Comparison

2024 2023 Change
Revenue $291,670 $99,596 +1.9%
Expenses $255,949 $190,435 +0.3%
Net Income $35,721 $-90,839 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Bonine Board member 1
Director
$0 $0 $0
Shawn Edwards Board member 1
Director
$0 $0 $0
Phoenix Eyre Board member 1
Director
$0 $0 $0
Mark Ritchie President 10
Officer
$0 $0 $0
Deanna Nord Secretary 1
Officer
$0 $0 $0
Wendy Meadley Treasurer 1
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $291,670 $255,949 $25,297 $35,721
2023 $99,596 $190,435 $7,362 $-90,839
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