Civic Intelligence

World of Westchase Inc

EIN 59-3502739 • 501(c)3 • Tampa, FL

Profile

The world of westchase, inc. (wow) publishes a news magazine which is an important community asset. Wow and its magazine serve the residents by providing westchase news and information by publishing monthly and delivering to each resident at no cost. The facebook page serves as a community forum for resident input, opinions and feedback, and the news magazine provides legal notices to the residents. Wow returns any revenues after expenses and reserves to support worthwhile community projects. Wow will continue to seek ways to serve the community and its advertisers in fair, friendly and open ways in the most effective manner possible.

12191 W LinebaughTampa, FL 33626

www.westchasewow.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.09x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.03x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

46th percentile

2.3%

Higher net margin than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

31st percentile

-3.9%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

3.5%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$183,548

Down $7,469 (-3.9%) from 2023

Liabilities

Down

$17,117

Down $20,656 (-55%) from 2023

Net Assets

Up

$166,431

Up $13,187 (+8.6%) from 2023

Revenue

Up

$588,499

Up $20,001 (+3.5%) from 2023

Expenses

Up

$574,765

Up $27,389 (+5.0%) from 2023

Net Income

Down

$13,734

Down $7,388 (-35%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2020: $156,463Liabilities 2020: $35,847Net Assets 2020: $120,6162020Assets 2021: $160,714Liabilities 2021: $32,605Net Assets 2021: $128,1092021Assets 2022: $147,105Liabilities 2022: $14,983Net Assets 2022: $132,1222022Assets 2023: $191,017Liabilities 2023: $37,773Net Assets 2023: $153,2442023Assets 2024: $183,548Liabilities 2024: $17,117Net Assets 2024: $166,4312024

Highlighted filing

2024

Assets$183,548
Liabilities$17,117
Net Assets$166,431

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $494,991Expenses 2020: $503,177Net Income 2020: -$8,1862020Revenue 2021: $518,968Expenses 2021: $511,475Net Income 2021: $7,4932021Revenue 2022: $560,147Expenses 2022: $555,246Net Income 2022: $4,9012022Revenue 2023: $568,498Expenses 2023: $547,376Net Income 2023: $21,1222023Revenue 2024: $588,499Expenses 2024: $574,765Net Income 2024: $13,7342024

Highlighted filing

2024

Revenue$588,499
Expenses$574,765
Net Income$13,734

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 12, 2025
Return Version
2024v5.0
Gross Receipts
$644,187
Mission and Program Overview

Mission

The world of westchase, inc. (wow) publishes a news magazine which is an important community asset. Wow and its magazine serve the residents by providing westchase news and information by publishing monthly and delivering to each resident at no cost. The facebook page serves as a community forum for resident input, opinions and feedback, and the news magazine provides legal notices to the residents. Wow returns any revenues after expenses and reserves to support worthwhile community projects. Wow will continue to seek ways to serve the community and its advertisers in fair, friendly and open ways in the most effective manner possible.

World of westchase, inc. (wow) is a florida not-for-profit corporation which is registered with the irs under section 501(c)(3). As part of the application, the supporting documents clearly identify its activities as a community news magazine with excess revenues being distributed to schools and other community groups. Historically, and primarily, wow has provided this service to the community of westchase by publishing a newsletter, which has grown into a monthly news magazine, containing information of interest about the community (including its governing bodies, community activities, residents, etc.). This publication has been and continues to be provided free of charge to community residents. Not only does the publication keep residents informed about specific community meetings, programs and activities, but we believe it has helped build and maintain a strong sense of community among westchase residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$103,833$139,771▲ $35,938
Cash and Non-Interest-Bearing Accounts$83,511$39,675▼ $43,836
Prepaid Expenses and Deferred Charges$128$2,962▲ $2,834
Accounts Receivable$3,545$1,140▼ $2,405
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$191,017$183,548▼ $7,469
Liabilities
Accounts Payable and Accrued Expenses$29,153$9,837▼ $19,316
Other Liabilities$8,620$7,280▼ $1,340
Total Liabilities$37,773$17,117▼ $20,656
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$153,244$166,431▲ $13,187
Total Net Assets Fund Balance$153,244$166,431▲ $13,187
Total Liabilities and Net Assets / Fund Balance$191,017$183,548▼ $7,469

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$6,206-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary GriffinPresident
Jon SteinVice President
Greg JamesDirector
Joaquin ArrillagaDirector
Sarah CrisafulliSecretary
Steven SplaineTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
C & D Printing CompanyPrinting12150 28TH STREET NORTH, St Petrsburg, FL 33716$167,189
Revenue and Support

Revenue Composition

Contributions and Grants
$46,076
Program Service Revenue
$0
Investment Income
$6,494
Other Revenue
$535,929
Change in Net Assets
$13,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$528,689
Grants and Similar Amounts Paid$46,076
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$476,418--$476,418
Grants to Domestic Orgs$46,076--$46,076
Office Expenses-$18,333-$18,333
Information Technology$8,798--$8,798
Fees for Services Accounting-$4,600-$4,600
Insurance-$4,255-$4,255
Other Expenses$2,038--$2,038
Advertising$1,127--$1,127
Conferences and Meetings$950--$950
Fees for Services Legal-$369-$369
Total Functional Expenses$547,208$27,557$0$574,765
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Morgan Woods ElementaryTampa, FL-Education$35,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$59,242
Fundraising Direct Expenses$55,688
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Great West Chase 5k$79,296$44,296$42,000$2,296
West Egg Hunt$20,641$11,991$7,750$4,241
Total Events$99,937$56,287$54,344$1,943
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Advertising Income$7,280
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

Form 990, Part VI, Section A, Line 6

World of westchase, inc. Has a sole member: westchase community association, inc., a florida not for profit corporation.

Form 990, Part VI, Section A, Line 7A

The sole member of world of westchase, inc., westchase community association, inc. Has the power to elect or appoint members of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed and approved by the board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

The board reviews and signs the conflict of interest statement on an annual basis.

Form 990, Part VI, Section C, Line 19

Wow, inc. Will make available to the public upon request the governing documents and conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
World of Westchase Inc
EIN
59-3502739
Phone
8139209809
Address
12191 W LINEBAUGH, TAMPA, FL 33626

Signing Officer

Name
Karen Ring
Title
Vice President
Phone
8139209809
Signed
2025-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Griffin
Formed
1998
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
500

Preparer

Firm
Cri Advisors LLC
Address
600 CLEVELAND STREET SUITE 1000, CLEARWATER, FL 33755
Preparer
Catherine Haug
Phone
7274460504
Supplemental Narrative

Additional Explanations

Form 990 Part I, Line 1, Continuation

Master planned community, and the wow's publication filled a significant gap and has been a primary method of communication between, among and about the community, the homeowners' association, the cdd and the residents. Consistent with this purpose to inform residents and foster a stronger sense of community, the wow now also maintains a website and a facebook page, and has expanded to produce a version of the printed publication for other, surrounding communities. As an additional service to the community, the wow also publishes and distributes a printed resident directory, containing an alphabetical listing of residents including names, addresses, phone numbers and email addresses, again provided free of charge to residents. Westchase is a community of approximately 3,500 homes and approximately 10,000 residents of all ages, from single adults to families with children to retirees. These residents need a variety of services, both for their personal needs as well as related to their homes. The wow publications include advertisements and business listings from multiple service providers, including lawn services, home improvement contractors, doctors, dentists, accountants, schools and summer camps, realtors, restaurants, etc., all aimed at meeting the needs of our residents. As a result, the wow publications are effectively a resource for community residents looking for service providers, and the included advertisements provide our residents with information they need to obtain necessary or desired services. Not only are the advertisements useful information for residents, but they are directly and substantially related to the purpose of the wow as they pay for the costs of publication. A significant majority of the wow's revenue is used to provide the publications free of charge to residents, and any remaining portion is typically donated, primarily to schools and other community groups. Additionally, wow annually organizes a food drive, a community egg hunt, and the great west chase, including usatf/rrtc nationally certified 10k a& 5k runs in the community. The great west chase provides funds which are distributed to schools with significant needs.

Form 990, Part IX, Line 11G

Publishing & distribution: program service expenses 299,629. Management and general expenses 0. Fundraising expenses 0. Total expenses 299,629. Printing: program service expenses 176,789. Management and general expenses 0. Fundraising expenses 0. Total expenses 176,789.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE WORLD OF WESTCHASE, INC. (WOW) PUBLISHES A NEWS MAGAZINE WHICH IS AN IMPORTANT COMMUNITY ASSET. WOW AND ITS MAGAZINE SERVE THE RESIDENTS BY PROVIDING WESTCHASE NEWS AND INFORMATION BY PUBLISHING MONTHLY AND DELIVERING TO EACH RESIDENT AT NO COST. THE FACEBOOK PAGE SERVES AS A COMMUNITY FORUM FOR RESIDENT INPUT, OPINIONS AND FEEDBACK, AND THE NEWS MAGAZINE PROVIDES LEGAL NOTICES TO THE RESIDENTS. WOW RETURNS ANY REVENUES AFTER EXPENSES AND RESERVES TO SUPPORT WORTHWHILE COMMUNITY PROJECTS. WOW WILL CONTINUE TO SEEK WAYS TO SERVE THE COMMUNITY AND ITS ADVERTISERS IN FAIR, FRIENDLY AND OPEN WAYS IN THE MOST EFFECTIVE MANNER POSSIBLE.
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0159466
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
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IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06206
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED ADVERTISING INCOME
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt07280
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0640
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GREAT WEST CHASE 5K
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WEST EGG HUNT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0720
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01943
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt0904
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IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt035000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MORGAN WOODS ELEMENTARY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt07001 ARMAND DR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TAMPA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MASTER PLANNED COMMUNITY, AND THE WOW'S PUBLICATION FILLED A SIGNIFICANT GAP AND HAS BEEN A PRIMARY METHOD OF COMMUNICATION BETWEEN, AMONG AND ABOUT THE COMMUNITY, THE HOMEOWNERS' ASSOCIATION, THE CDD AND THE RESIDENTS. CONSISTENT WITH THIS PURPOSE TO INFORM RESIDENTS AND FOSTER A STRONGER SENSE OF COMMUNITY, THE WOW NOW ALSO MAINTAINS A WEBSITE AND A FACEBOOK PAGE, AND HAS EXPANDED TO PRODUCE A VERSION OF THE PRINTED PUBLICATION FOR OTHER, SURROUNDING COMMUNITIES. AS AN ADDITIONAL SERVICE TO THE COMMUNITY, THE WOW ALSO PUBLISHES AND DISTRIBUTES A PRINTED RESIDENT DIRECTORY, CONTAINING AN ALPHABETICAL LISTING OF RESIDENTS INCLUDING NAMES, ADDRESSES, PHONE NUMBERS AND EMAIL ADDRESSES, AGAIN PROVIDED FREE OF CHARGE TO RESIDENTS. WESTCHASE IS A COMMUNITY OF APPROXIMATELY 3,500 HOMES AND APPROXIMATELY 10,000 RESIDENTS OF ALL AGES, FROM SINGLE ADULTS TO FAMILIES WITH CHILDREN TO RETIREES. THESE RESIDENTS NEED A VARIETY OF SERVICES, BOTH FOR THEIR PERSONAL NEEDS AS WELL AS RELATED TO THEIR HOMES. THE WOW PUBLICATIONS INCLUDE ADVERTISEMENTS AND BUSINESS LISTINGS FROM MULTIPLE SERVICE PROVIDERS, INCLUDING LAWN SERVICES, HOME IMPROVEMENT CONTRACTORS, DOCTORS, DENTISTS, ACCOUNTANTS, SCHOOLS AND SUMMER CAMPS, REALTORS, RESTAURANTS, ETC., ALL AIMED AT MEETING THE NEEDS OF OUR RESIDENTS. AS A RESULT, THE WOW PUBLICATIONS ARE EFFECTIVELY A RESOURCE FOR COMMUNITY RESIDENTS LOOKING FOR SERVICE PROVIDERS, AND THE INCLUDED ADVERTISEMENTS PROVIDE OUR RESIDENTS WITH INFORMATION THEY NEED TO OBTAIN NECESSARY OR DESIRED SERVICES. NOT ONLY ARE THE ADVERTISEMENTS USEFUL INFORMATION FOR RESIDENTS, BUT THEY ARE DIRECTLY AND SUBSTANTIALLY RELATED TO THE PURPOSE OF THE WOW AS THEY PAY FOR THE COSTS OF PUBLICATION. A SIGNIFICANT MAJORITY OF THE WOW'S REVENUE IS USED TO PROVIDE THE PUBLICATIONS FREE OF CHARGE TO RESIDENTS, AND ANY REMAINING PORTION IS TYPICALLY DONATED, PRIMARILY TO SCHOOLS AND OTHER COMMUNITY GROUPS. ADDITIONALLY, WOW ANNUALLY ORGANIZES A FOOD DRIVE, A COMMUNITY EGG HUNT, AND THE GREAT WEST CHASE, INCLUDING USATF/RRTC NATIONALLY CERTIFIED 10K A& 5K RUNS IN THE COMMUNITY. THE GREAT WEST CHASE PROVIDES FUNDS WHICH ARE DISTRIBUTED TO SCHOOLS WITH SIGNIFICANT NEEDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WORLD OF WESTCHASE, INC. HAS A SOLE MEMBER: WESTCHASE COMMUNITY ASSOCIATION, INC., A FLORIDA NOT FOR PROFIT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE MEMBER OF WORLD OF WESTCHASE, INC., WESTCHASE COMMUNITY ASSOCIATION, INC. HAS THE POWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS AND SIGNS THE CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WOW, INC. WILL MAKE AVAILABLE TO THE PUBLIC UPON REQUEST THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PUBLISHING & DISTRIBUTION: PROGRAM SERVICE EXPENSES 299,629. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 299,629. PRINTING: PROGRAM SERVICE EXPENSES 176,789. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 176,789.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 PART I, LINE 1, CONTINUATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROVIDING COMMUNITY INFORMATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0WESTCHASE COMMUNITY ASSOCATION INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt010049 PARLEY DR
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
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