RED WORLDWIDE INC

EIN: 822507122 501(c)(3) Education

Fort Worth, TX

Total Revenue
$220,354
Total Expenses
$96,305
Total Assets
$212,000
Net Assets
$12,499
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TX
Principal Officer
Patience Rose
Phone
4693103378
Tax Period
2022-01-01 to 2022-12-31

RED WORLDWIDE INC, founded in 2017, is a small nonprofit in the Education sector that reported $220K in total revenue in fiscal year 2022. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $124K, a strong 56% operating margin.

Mission

RED Worldwide, Inc. is a social enterprise nonprofit (501c3) organization that exists to navigate a business from the very informal concepts to the point of becoming a thriving viable concern. RED is an acronym for Research, Educate, Develop.

Program Service Accomplishments

Program 1
Expenses: $121,600 Revenue: $135,909

The RED Worldwide team uses LifeNav, WellNav and BizNav its superbly designed life and business enhancement components. Our Life, Business, and Wellness Navigation programs are the replacement...

Read more

The RED Worldwide team uses LifeNav, WellNav and BizNav its superbly designed life and business enhancement components. Our Life, Business, and Wellness Navigation programs are the replacement paradigms for modalities that approach life, wellness, and business coaching coaching from the perspective that the participants are sick or broken needing to be fixed, cured or managed as opposed to guided. Our coaching platform is a clear and concise navigational system and continuous personal, spiritual and professional development model to guide individuals to their clearest path of purpose to live their lives in the fullest measure.

Program 2
Expenses: $55,901 Revenue: $0

RED's VIRTUALOSITY Program was designed to help small businesses and contractors transition and maintain their new virtual landscapes successfully as well as to bring businesses back into the office...

Read more

RED's VIRTUALOSITY Program was designed to help small businesses and contractors transition and maintain their new virtual landscapes successfully as well as to bring businesses back into the office post-pandemic.

Program 3
Expenses: $10,000 Revenue: $0

Online Courses for Contractor Licensing, Exam Prep, Certification & Continuing Education | Self-paced online training to obtain or renew a license or certification. Courses are written and developed...

Read more

Online Courses for Contractor Licensing, Exam Prep, Certification & Continuing Education | Self-paced online training to obtain or renew a license or certification. Courses are written and developed by well-credentialed Subject Matter Experts and Instructional Designers.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $35,620
Program Service Revenue $184,734
Investment Income $0
Other Revenue $0
TOTAL REVENUE $220,354

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $187,501
Other Expenses $96,305
TOTAL EXPENSES $96,305

Year-over-Year Comparison

2022 2021 Change
Revenue $220,354 $184,734 +0.2%
Expenses $96,305 $12,000 +7.0%
Net Income $124,049 $172,734 -0.3%
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

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
10

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patience Rose CEO 30.00
Director
$0 $0 $0
Antonio Holt CTO 5.00
Director
$0 $0 $0
Howard Rose Jr COO 10.00
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
2022 $220,354 $96,305 $212,000 $124,049
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RED WORLDWIDE INC with other nonprofits in Texas and across the country.