WORLD TRADE CENTER DELAWARE INC

EIN: 510312678 Education

NEW CASTLE, DE

Total Revenue
$38,245
Total Expenses
$199,846
Total Assets
$498,042
Net Assets
$498,042
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
DE
Principal Officer
CARLA S STONE
Phone
3026567905
Tax Period
2023-01-01 to 2023-06-30

WORLD TRADE CENTER DELAWARE INC, founded in 1989, is a micro nonprofit in the Education sector that reported $38K in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $200K exceeded revenue, resulting in a 423% operating deficit.

Mission

PROVIDE ASSISTANCE TO SMALL AND MEDIUM-SIZED BUSINESSES, CREATE AND SUSTAIN GLOBAL CONNECTIONS THROUGH THE USE OF ROUNDTABLES, SEMINARS AND CONSULTING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,598
Program Service Revenue $15,952
Investment Income $6,695
Other Revenue $0
TOTAL REVENUE $38,245

Expense Breakdown

Grants Paid $0
Salaries & Benefits $118,118
Fundraising Expenses $0
Program Expenses $188,093
Other Expenses $81,728
TOTAL EXPENSES $199,846

Year-over-Year Comparison

2023 2022 Change
Revenue $38,245 $437,105 -0.9%
Expenses $199,846 $357,011 -0.4%
Net Income $-161,601 $80,094 -3.0%
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
12
Independent Members
12
Employees
2
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
4
$46,667
Total Directors
13
$46,667
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE E KEARNS ACTING CHAIR 5.00
Officer Director
$0 $0 $0
STEPHANIE L CHAPMAN TREASURER 5.00
Officer Director
$0 $0 $0
RAFAEL X ZAHRALDDIN-ARAVENA SECRETARY 5.00
Officer Director
$0 $0 $0
CARLA S STONE PRESIDENT 40.00
Officer Director
$46,667 $0 $46,667
LISA B HIMBER BOARD MEMBER 2.00
Director
$0 $0 $0
HOWARD HENDERSON BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID MATHE BOARD MEMBER 2.00
Director
$0 $0 $0
JANET H DOUGHERTY BOARD MEMBER 2.00
Director
$0 $0 $0
JEFFREY N SPIEGELMAN STATE REPRESENTATIVE 2.00
Director
$0 $0 $0
ANABEL PANAYOTTI BOARD MEMBER 2.00
Director
$0 $0 $0
NICOLE POORE STATE SENATOR 2.00
Director
$0 $0 $0
MOHAMED CISSE BOARD MEMBER 2.00
Director
$0 $0 $0
CARMEN FACCIOLO BOARD MEMBER 2.00
Director
$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 No data No data No data No data
2023 $38,245 $199,846 $498,042 $-161,601
2022 $437,105 $357,011 $659,641 $80,094
2021 $380,411 $268,069 $579,547 $112,342
2020 $377,632 $286,600 $467,205 $91,032
2019 $473,738 $345,148 $376,172 $128,590
2018 $473,440 $288,390 $247,581 $185,050
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