WORLD SPORTS INC (EIN 592229691) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

EDDIE P WAXER

Phone

2392734112

Tax Period

2023-01-01 to 2023-12-31

WORLD SPORTS INC, founded in 1983, is a community nonprofit in the Recreation & Sports sector that reported $2.4M in total revenue in fiscal year 2023.

Mission

TO ENCOURAGE SPORTS MINISTRY DEVELOPMENTS INTERNATIONALLY AND IN THE USA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,204,210

Program Service Revenue $38,997

Investment Income $59,764

Other Revenue $48,293

TOTAL REVENUE $2,351,264

Expense Breakdown

Grants Paid $2,049,719

Salaries & Benefits $203,312

Fundraising Expenses $0

Program Expenses $2,285,399

Other Expenses $137,325

TOTAL EXPENSES $2,390,356

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,351,264	$2,402,788	0.0%
Expenses	$2,390,356	$2,852,793	-0.2%
Net Income	$-39,092	$-450,005	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$176,176

Total Directors

$176,176

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD P WAXER	PRESIDENT	40.00	Officer Director	$176,176	$0	$176,176
CARY DRAKE	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
AUSTIN CARR	CORRESPONDING SECRETARY	0.00	Officer Director	$0	$0	$0
HUGH MORRIS	TREASURER	0.00	Officer Director	$0	$0	$0
JOHN YIP	VP	0.00	Officer Director	$0	$0	$0
IVAN BYCHKOV	MR	0.00	Director	$0	$0	$0
DAN CALDWELL	DIRECTOR	0.00	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	$2,351,264	$2,390,356	$3,926,102	$-39,092
2022	$2,402,788	$2,852,793	$4,080,194	$-450,005
2021	$3,226,167	$3,529,827	$4,415,199	$-303,660
2020	$2,786,604	$1,497,805	$4,718,859	$1,288,799
2019	$2,885,570	$2,751,864	$3,430,060	$133,706
2018	$2,249,140	$2,892,287	$3,305,673	$-643,147

WORLD SPORTS INC