Civic Intelligence

World Associates Ltd.

990 • Fiscal year 2019 • EIN 58-2236295

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

151 Oak Cliff DrToccoa, GA 30577

(706) 491-8469

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

11th percentile

-34%

Higher net margin than 11% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

24th percentile

-16%

Faster asset growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

7th percentile

-62%

Faster revenue growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$417,910

Down $76,917 (-16%) from 2018

Net Assets

Down

$417,910

Down $76,917 (-16%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$233,772

Down $386,415 (-62%) from 2018

Expenses

Down

$314,264

Down $292,821 (-48%) from 2018

Net Income

Down

-$80,492

Down $93,594 (-714%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2012: $80,599Liabilities 2012: $0Net Assets 2012: $80,5992012Assets 2013: $83,688Liabilities 2013: $0Net Assets 2013: $83,6882013Assets 2014: $156,217Liabilities 2014: $0Net Assets 2014: $156,2172014Assets 2015: $185,044Liabilities 2015: $0Net Assets 2015: $185,0442015Assets 2016: $290,200Liabilities 2016: $2,908Net Assets 2016: $287,2922016Assets 2017: $241,598Liabilities 2017: $0Net Assets 2017: $241,5982017Assets 2018: $494,827Liabilities 2018: $0Net Assets 2018: $494,8272018Assets 2019: $417,910Liabilities 2019: $0Net Assets 2019: $417,9102019Assets 2020: $382,004Liabilities 2020: -$32Net Assets 2020: $382,0362020Assets 2021: $490,216Liabilities 2021: $3,319Net Assets 2021: $486,8972021Assets 2022: $411,628Liabilities 2022: $34Net Assets 2022: $411,5942022Assets 2023: $276,104Liabilities 2023: -$5,563Net Assets 2023: $281,6672023Assets 2024: $297,029Liabilities 2024: -$626Net Assets 2024: $297,6552024

Highlighted filing

2019

Assets$417,910
Liabilities$0
Net Assets$417,910

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2012: $224,0002012Revenue 2013: $233,734Expenses 2013: $230,645Net Income 2013: $3,0892013Revenue 2014: $266,978Expenses 2014: $194,449Net Income 2014: $72,5292014Revenue 2015: $285,248Expenses 2015: $256,421Net Income 2015: $28,8272015Revenue 2016: $527,346Expenses 2016: $425,098Net Income 2016: $102,2482016Revenue 2017: $381,269Expenses 2017: $450,412Net Income 2017: -$69,1432017Revenue 2018: $620,187Expenses 2018: $607,085Net Income 2018: $13,1022018Revenue 2019: $233,772Expenses 2019: $314,264Net Income 2019: -$80,4922019Revenue 2020: $245,221Expenses 2020: $281,095Net Income 2020: -$35,8742020Revenue 2021: $485,958Expenses 2021: $436,587Net Income 2021: $49,3712021Revenue 2022: $759,997Expenses 2022: $653,658Net Income 2022: $106,3392022Revenue 2023: $618,780Expenses 2023: $715,840Net Income 2023: -$97,0602023Revenue 2024: $746,621Expenses 2024: $749,246Net Income 2024: -$2,6252024

Highlighted filing

2019

Revenue$233,772
Expenses$314,264
Net Income-$80,492
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$233,772
Mission and Program Overview

Mission

Community development organization that alleviates basic felt needs leading to self-sufficiency, personal development, and health in the community, especially among the poor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$339,067$353,882▲ $14,815
Cash and Non-Interest-Bearing Accounts$113,906$32,129▼ $81,777
Land, Buildings, and Equipment, Net$28,278$19,431▼ $8,847
Accounts Receivable$11,474$11,058▼ $416
Prepaid Expenses and Deferred Charges$2,102$1,410▼ $692
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$494,827$417,910▼ $76,917
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$473,351$383,907▼ $89,444
Net Assets Without Donor Restrictions$21,476$34,003▲ $12,527
Total Net Assets Fund Balance$494,827$417,910▼ $76,917
Total Liabilities and Net Assets / Fund Balance$494,827$417,910▼ $76,917

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$19,431$31,142$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Jarvis CrosbyPresident
John MartinExecutive Director
Michelle GruberTajikistan Country Director
Joshua EllisonJordan Legal Representative
Dr John CorbyMember at Large
Scot DresslerMember at Large
Dr Barbara BellefeuilleSecretary
Dr David ReeseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$178,738
Program Service Revenue
$37,270
Investment Income
$0
Other Revenue
$17,764
All Other Contributions
$178,738
Change in Net Assets
$-80,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,641
Salaries, Compensation, and Employee Benefits$154,623
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$108,426$19,284$0$127,710
Other Employee Benefits$5,652$21,261$0$26,913
Occupancy$13,059$13,058$0$26,117
Fees for Services Legal$0$13,033$0$13,033
Office Expenses$3,479$6,052$0$9,531
Depreciation Depletion$4,158$4,158$0$8,316
Information Technology$2,840$1,997$0$4,837
Travel$2,871$257$0$3,128
Other Expenses$1,552$0$0$1,552
All Other Expenses$1,336$116$0$1,452
Conferences and Meetings$131$46$0$177
Total Functional Expenses$235,002$79,262$0$314,264
International Activity

International Summary

Offices
3
Employees
47
Spending
$314,263

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram ServiceEnglish Language Program242$258,250
Russia and Neighboring StatesProgram ServiceDeaf Project15$56,013
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

A Draft of the Form 990 is sent to the Country Director and to the Head of the Board for approval and signing. The Board will be given a copy of the return for review.

Part VI, Section B, Line 12C

Each board member, officer or staff with governing board delegated powers annually signs a statement which affirms such person: A. Has received a copy of the conflicts of interest policy, B. Has read and understands the policy, C. Has agreed to comply with the policy and D. Understand that World Associates is charitable and in order to maintains its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. The organization also performs periodic reviews to examine whether: A. Compensation arrangements and benefits are reasonable, based on competent survey information and the result of an arm's length bargaining, B. Partnerships, joint ventures and arrangements with management organizations conform to the World Associates' written policies, are properly recorded, reflected reasonable investments or payments for goods and services, further charitable purposes do not result in inurement, impermissable private-excess benefit.

Part VI, Section C, Line 19

The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
World Associates Ltd
EIN
58-2236295
In Care Of
% Jarvis Crosby
Phone
7064918469
Address
151 Oak Cliff Dr, Toccoa, GA 30577

Signing Officer

Name
Dr Jarvis Crosby
Title
President
Phone
7094918469
Signed
2020-11-13
Discuss with paid preparer
No

Organization Details

Principal Officer
Jarvis Crosby
Formed
1993
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
38
Supplemental Narrative

Additional Explanations

Part XI, Line 9

| Description:, Explanation:, Amount:| Adjust unrestricted net asset balance at beginning of year balance to agree with reconciled balances from 2018, Adjust unrestricted net asset balance at beginning of year balance to agree with reconciled balances from 2018, $3575|

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IRS990/Form990PartVIISectionAGrp/PersonNm1Dr David Reese
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Jordan Legal Representative
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IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt031142
IRS990/LandBldgEquipBasisNetGrp/BOYAmt028278
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019431
IRS990/LandBldgEquipCostOrOtherBssAmt050573
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Community Development Organization that alleviates basic felt needs leading to self-sufficiency, personal development, and health in the community, especially among the poor.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0494827
IRS990/NetAssetsOrFundBalancesEOYAmt0417910
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt021476
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt034003
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt013058
IRS990/OccupancyGrp/ProgramServicesAmt013059
IRS990/OccupancyGrp/TotalAmt026117
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06052
IRS990/OfficeExpensesGrp/ProgramServicesAmt03479
IRS990/OfficeExpensesGrp/TotalAmt09531
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt03575
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021261
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05652
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026913
IRS990/OtherExpensesGrp/Desc0After School Program Exp
IRS990/OtherExpensesGrp/Desc1Green Creations Products
IRS990/OtherExpensesGrp/Desc2TJ Projects
IRS990/OtherExpensesGrp/Desc3Irbid Center Renovation
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt047889
IRS990/OtherExpensesGrp/ProgramServicesAmt131228
IRS990/OtherExpensesGrp/ProgramServicesAmt212381
IRS990/OtherExpensesGrp/ProgramServicesAmt31552
IRS990/OtherExpensesGrp/TotalAmt047889
IRS990/OtherExpensesGrp/TotalAmt131228
IRS990/OtherExpensesGrp/TotalAmt212381
IRS990/OtherExpensesGrp/TotalAmt31552
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0Misc Program Fees
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017764
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017764
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt017764
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019284
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0108426
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127710
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0339067
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0353882
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02102
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01410
IRS990/PrincipalOfficerNm0Jarvis Crosby
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0Green Creations
IRS990/ProgramServiceRevenueGrp/Desc1Adult English Language
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026560
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110710
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110710
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Green Creations: This is a recycled handicraft project employing 13 impoverished women. We take their jewelry and other products and market the in Jordan and around the world. The expenses include workshop operations, manufacturing supplies, salaries, marketing and utilities.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt031228
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt026560
IRS990/ProgSrvcAccomActy3Grp/Desc0Adult English Language: English language instruction is given to approximately 85 adults students over the age of 17 during the 5-6 week semesters throughout the year. These classes target vocation and conversational English language and incorporate classroom and live English discussion.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt010710
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0559363
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00

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