Civic Intelligence

World Class Scholars Foundation

990EZ • Fiscal year 2023 • EIN 82-3047978

Jan 01, 2023 to Dec 31, 2023 • Filed on May 24, 2024

Organization ProfileWORLDCLASSSCHOLARS.ORG
155 Riverplace Unit 305Greenville, SC 29601

(803) 767-4488

Siviq Scores

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

Liabilities / Assets

98th percentile

5.12x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

3.31x

Higher debt load relative to revenue than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-228%

Higher net margin than 4% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

28th percentile

-14%

Faster asset growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

100th percentile

4496700%

Faster revenue growth than 100% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$29,112

Down $4,861 (-14%) from 2022

Net Assets

Down

-$119,888

Down $102,461 (-588%) from 2022

Liabilities

Up

$149,000

Up $97,600 (+190%) from 2022

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin4th percentile

Revenue

Up

$44,968

Up $44,967 (+4496700%) from 2022

Expenses

Up

$147,429

Up $53,520 (+57%) from 2022

Net Income

Down

-$102,461

Down $8,553 (-9.1%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$200K$100K$0-$100K-$200KAssets 2021: $98,981Liabilities 2021: $22,500Net Assets 2021: $76,4812021Assets 2022: $33,973Liabilities 2022: $51,400Net Assets 2022: -$17,4272022Assets 2023: $29,112Liabilities 2023: $149,000Net Assets 2023: -$119,8882023Assets 2024: $1,643Liabilities 2024: $149,000Net Assets 2024: -$147,3572024

Highlighted filing

2023

Assets$29,112
Liabilities$149,000
Net Assets-$119,888
Open 2023 Filing

Operations Trend

Revenue Growth100th percentile

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

$200K$100K$0-$100K-$200KRevenue 2021: $199,967Expenses 2021: $129,141Net Income 2021: $70,8262021Revenue 2022: $1Expenses 2022: $93,909Net Income 2022: -$93,9082022Revenue 2023: $44,968Expenses 2023: $147,429Net Income 2023: -$102,4612023Revenue 2024: $99,830Expenses 2024: $127,299Net Income 2024: -$27,4692024

Highlighted filing

2023

Revenue$44,968
Expenses$147,429
Net Income-$102,461
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 24, 2024
Return Version
2023v5.0
Gross Receipts
$44,968
Mission and Program Overview

Mission

World class scholars is a free, real time, online student exchange program partnering schools and students in the united states with other schools around the world. The project enables students to establish personal relationships, while learning together valuable skills about the world around them.

Program Services

DescriptionGrantsExpenses
TO PROVIDE A REAL TIME EDUCATIONAL EXCHANGE BETWEEN PARTNERING SCHOOLS AND STUDENTS IN THE UNITED STATES WITH SIMILAR STUDENTS AND SCHOOLS AROUND THE WORLD.-$145,324
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFREY M SCHILZCEOPT$0--
JON BUTZONBoard Member-$0--
TRACI LITTLE- ALASHAALIBoard Member-$0--
MATTHEW JENNINGSBoard Member-$0--
ANDERS LONNBERGBoard Member-$0--
SUNNY VARKEYBoard Member-$0--
DEREK WYATTBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
World Class Scholars Foundation
EIN
82-3047978
Phone
8037674488
Address
155 RIVERPLACE UNIT 305, GREENVILLE, SC 29601

Signing Officer

Name
Jeffrey M Schilz
Title
CEO
Phone
8037534851
Signed
2024-05-24
Discuss with paid preparer
Yes

Preparer

Firm
Michael Plyler Tax & Business Consulting
Address
4711 FOREST DRIVE STE 3 PMB 346, COLUMBIA, SC 29206
Preparer
Michael S Plyler Ea
Phone
8037674488
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses banking fees 1,355 information/technology 27,959 technology content consult 63,567 website management 3,782 380 total 97,043”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 3,000 0 loan payable 0 149,000 loans from officers 48,400 0”

Form 990-ez, Part III

“World class scholars is a free, real time, online student exchange program partnering schools and students in the united states with other schools around the world. The project enables students to establish personal relationships, while learning together valuable skills about the world around them.”

Raw XML Appendix147 raw XML fields

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

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum08037674488
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0UNIT 305
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt097043
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WORLD CLASS SCHOLARS IS A FREE, REAL TIME, ONLINE STUDENT EXCHANGE PROGRAM PARTNERING SCHOOLS AND STUDENTS IN THE UNITED STATES WITH OTHER SCHOOLS AROUND THE WORLD. THE PROJECT ENABLES STUDENTS TO ESTABLISH PERSONAL RELATIONSHIPS, WHILE LEARNING TOGETHER VALUABLE SKILLS ABOUT THE WORLD AROUND THEM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE A REAL TIME EDUCATIONAL EXCHANGE BETWEEN PARTNERING SCHOOLS AND STUDENTS IN THE UNITED STATES WITH SIMILAR STUDENTS AND SCHOOLS AROUND THE WORLD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0145324
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt044965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0199965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0244930
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANKING FEES 1,355 INFORMATION/TECHNOLOGY 27,959 TECHNOLOGY CONTENT CONSULT 63,567 WEBSITE MANAGEMENT 3,782 380 TOTAL 97,043
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,000 0 LOAN PAYABLE 0 149,000 LOANS FROM OFFICERS 48,400 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WORLD CLASS SCHOLARS IS A FREE, REAL TIME, ONLINE STUDENT EXCHANGE PROGRAM PARTNERING SCHOOLS AND STUDENTS IN THE UNITED STATES WITH OTHER SCHOOLS AROUND THE WORLD. THE PROJECT ENABLES STUDENTS TO ESTABLISH PERSONAL RELATIONSHIPS, WHILE LEARNING TOGETHER VALUABLE SKILLS ABOUT THE WORLD AROUND THEM.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/Filer/EIN0823047978
ReturnHeader/Filer/PhoneNum08037674488
ReturnHeader/Filer/USAddress/AddressLine1Txt0155 RIVERPLACE UNIT 305
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-08-19T15:16:51-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,112
Liabilities
$149,000
Net assets
-$119,888
Revenue
$44,968
Expenses
$147,429
Net income
-$102,461
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.02$1.49$1.47$1.00$1.27$0.27
2023Detailed filing. Detailed filing data is available for this year.$0.29$1.49$1.20$0.45$1.47$1.02
2022Detailed filing. Detailed filing data is available for this year.$0.34$0.51$0.17$0.00$0.94$0.94
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.23$0.76$2.00$1.29$0.71