WELCOME WORLD FOUNDATION INC

EIN: 993916548 501(c)(3) Recreation & Sports

NEWARK, NJ

Total Revenue
N/A
Total Expenses
$1,301,251
Total Assets
$1,374,922
Net Assets
$-1,301,251
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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
2024
Legal Domicile
NJ
Principal Officer
ALEX LASRY
Phone
9178565284
Tax Period
2024-01-01 to 2024-12-31

Mission

WELCOME WORLD FOUNDATION WAS FORMED IN THE SUMMER OF 2024 WITH THE INTENTION TO SUPPORT THE CITY OF NEW YORK, AND THE STATE OF NEW JERSEY'S JOINT HOSTING OF EIGHT FIFA WORLD CUP 2026 SOCCER MATCHES IN THE REGION, INCLUDING THE FINAL. THE FOUNDATION WILL COORDINATE WITH ITS AFFILIATE ORGANIZATION, THE NEW YORK NEW JERSEY 2026 WORLD CUP HOST COMMITTEE, INC., A NONPROFIT 501(C)(6), TO WELCOME THE GLOBAL COMMUNITY TO OUR REGION TO WITNESS THE "BEAUTIFUL GAME" AT ITS HIGHEST LEVEL.

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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 $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,301,251
TOTAL EXPENSES $1,301,251

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $1,301,251 N/A N/A
Net Income N/A N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WESLEY MATHEWS PRESIDENT 5.00
Officer Director
$0 $0 $0
NATALIE KOEPFF TREASURER 5.00
Officer Director
$0 $0 $0
ZAKIYA SMITH-ELLIS SECRETARY 5.00
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 $1,301,251 $1,374,922 No data
2024 No data No data No data No data
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