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)

4 risk indicators measuring financial stability and operational resilience

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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

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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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Financial Health Indicators

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

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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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