WORLD MARKETPLACE IN (EIN 561798187) - Form 990 Financial Analysis & Trantor Score

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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

1992

Legal Domicile

Principal Officer

CINDY M RICE

Phone

8282548374

Tax Period

2024-01-01 to 2024-12-31

WORLD MARKETPLACE IN, founded in 1992, is a small nonprofit in the Unknown sector that reported $226K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $272K exceeded revenue, resulting in a 20% operating deficit.

Mission

OPERATION OF CRAFTS STORE IN ASHEVILLE NC DISTRIBUTING PRODUCTS FROM UNDERDEVELOPED COUNTRIES

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,066

Program Service Revenue $0

Investment Income $2,341

Other Revenue $217,243

TOTAL REVENUE $225,650

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,028

Fundraising Expenses $0

Program Expenses $223,883

Other Expenses $144,472

TOTAL EXPENSES $271,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$225,650	$285,736	-0.2%
Expenses	$271,500	$343,502	-0.2%
Net Income	$-45,850	$-57,766	-0.2%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY M RICE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
WILLIAM SCHULTZ	VICE CHAIR	2.00	Officer Director	$0	$0	$0
TARA NYANGA	TREASURER	2.00	Officer Director	$0	$0	$0
ELIZABETH HARVEY	SECRETARY	2.00	Officer Director	$0	$0	$0
CAROL HUGHES	BOARD MEMBER	1.50	Director	$0	$0	$0
MARELLA BUNCICK	BOARD MEMBER	1.50	Director	$0	$0	$0
RENUKA GUSAIN	BOARD MEMBER	1.50	Director	$0	$0	$0
ANNA GARRETT	BOARD MEMBER	1.50	Director	$0	$0	$0
JANIE WILSON	BOARD MEMBER	1.50	Director	$0	$0	$0
ROB CAMPBELL	BOARD MEMBER	1.50	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	$225,650	$271,500	$195,662	$-45,850
2023	$285,736	$343,502	$251,145	$-57,766
2022	$338,166	$379,765	$352,026	$-41,599
2021	$423,742	$367,145	$424,697	$56,597
2020	$261,265	$298,955	$360,356	$-37,690
2019	$378,941	$352,606	$263,934	$26,335
2018	$359,814	$323,985	$222,771	$35,829

WORLD MARKETPLACE IN