WORLD AROUND INC (EIN 853707451) - 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

2020

Legal Domicile

Principal Officer

BEATRICE GALILEE

Phone

9179221795

Tax Period

2023-01-01 to 2023-12-31

WORLD AROUND INC, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $670K in total revenue in fiscal year 2023. Revenue surged 137% from the prior year, signaling strong growth momentum.

Mission

THE WORLD AROUND IS A GLOBAL NONPROFIT PLATFORM WITH A SIMPLE BUT AMBITIOUS MISSION: TO MAKE THE BEST NEW IDEAS IN ARCHITECTURE ACCESSIBLE TO ALL. THE WORLD AROUNDS CRITICALLY ACCLAIMED PUBLIC PROGRAMS SHARE THE NOW, NEAR AND NEXT OF CONTEMPORARY ARCHITECTURE AND DESIGN CULTURE WITH A FOCUS ON INTERDISCIPLINARY, PROGRESSIVE, ACTIONABLE IDEAS AND CLIMATE JUSTICE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $151,553

Program Service Revenue $381,590

Investment Income $0

Other Revenue $136,817

TOTAL REVENUE $669,960

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $129,538

Fundraising Expenses $116,726

Program Expenses $444,937

Other Expenses $526,494

TOTAL EXPENSES $663,532

Year-over-Year Comparison

	2023	2022	Change
Revenue	$669,960	$282,291	+1.4%
Expenses	$663,532	$430,440	+0.5%
Net Income	$6,428	$-148,149	-1.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$120,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEATRICE GALILEE	EXECUTIVE DIRECTOR	40	Officer	$120,000	$0	$120,000
ADAM FLATTO	CHAIR	3	Officer Director	$0	$0	$0
JOHN HASKELL	TREASURER	1	Officer 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	$669,960	$663,532	$60,824	$6,428
2023	$461,660	$653,298	$59,939	$-191,638
2022	$282,291	$430,440	$230,972	$-148,149
2021	$670,134	$347,012	$423,222	$323,122

WORLD AROUND INC