WORLD EXPLORERS FOUNDATION INC

EIN: 923713206 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$1,012,840
Total Expenses
$982,523
Total Assets
$69,299
Net Assets
$55,607
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
NY
Principal Officer
Kisha Edwards-gandsy
Phone
8556876923
Tax Period
2024-01-01 to 2024-12-31

WORLD EXPLORERS FOUNDATION INC, founded in 2023, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 515% from the prior year, signaling strong growth momentum.

Mission

World Explorers Foundation has the dedicated mission to offer expert family education services including preschool, camp, learning workshops, after-school services, and community events to children across the world no matter their familys ability to pay for services through a robust scholarship program and endowment fund. The foundation to our mission stems from:Our dedication to building community in the staff, families, and children we serve.Our dedication to the whole child experience including attention to healthy eating, physical fitness, access to math, science, and technology, and an appreciation for literature and art that reflects children in their own unique image.Our dedication to ensuring that our team is valued, has access to opportunities for growth, development, and success, and are able to benefit from the success of the company.Our dedication to remaining leaders in creative educational programming including direct services, curriculum development, and product developm

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,012,840
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,012,840

Expense Breakdown

Grants Paid $0
Salaries & Benefits $605,835
Fundraising Expenses $21,841
Program Expenses $851,465
Other Expenses $376,688
TOTAL EXPENSES $982,523

Year-over-Year Comparison

2024 2023 Change
Revenue $1,012,840 $164,704 +5.1%
Expenses $982,523 $139,414 +6.0%
Net Income $30,317 $25,290 +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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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
3
Independent Members
1
Employees
N/A
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
1
$69,906
Total Directors
2
$69,604
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEYANNA MURRILL CFO 32.00
Officer
$69,906 $0 $69,906
KISHA EDWARDS GANDSY Executive Dir. 32.00
Director
$69,604 $0 $69,604
KYUNG JHI RHEE BOARD MEMBER 1.00
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 $1,012,840 $982,523 $69,299 $30,317
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