Civic Intelligence

World Mate Foundation Inc

EIN 84-5179046 • 501(c)3 • Towson, MD

Profile

The mission of the World Mate Foundation is to support charities that effectively operate charity schools and charity hospitals for underserved communities.

136 Linden PlaceTowson, MD 21286

www.wmeh.org

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

39th percentile

0.2%

Higher net margin than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

75th percentile

16%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

33%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$15,647

Up $2,207 (+16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$15,647

Up $2,207 (+16%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin39th percentile

Revenue

Up

$1,370,000

Up $342,581 (+33%) from 2023

Expenses

Up

$1,367,794

Up $341,792 (+33%) from 2023

Net Income

Up

$2,206

Up $789 (+56%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

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

$20K$15K$10K$5.0K$0Assets 2020: $1,514Liabilities 2020: $0Net Assets 2020: $1,5142020Assets 2021: $10,230Liabilities 2021: $0Net Assets 2021: $10,2302021Assets 2022: $12,023Liabilities 2022: $0Net Assets 2022: $12,0232022Assets 2023: $13,440Liabilities 2023: $0Net Assets 2023: $13,4402023Assets 2024: $15,647Liabilities 2024: $0Net Assets 2024: $15,6472024

Highlighted filing

2024

Assets$15,647
Liabilities$0
Net Assets$15,647
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

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

$1.5M$1.0M$500K$0Revenue 2020: $979,184Expenses 2020: $977,670Net Income 2020: $1,5142020Revenue 2021: $928,606Expenses 2021: $919,890Net Income 2021: $8,7162021Revenue 2022: $1,069,911Expenses 2022: $1,068,118Net Income 2022: $1,7932022Revenue 2023: $1,027,419Expenses 2023: $1,026,002Net Income 2023: $1,4172023Revenue 2024: $1,370,000Expenses 2024: $1,367,794Net Income 2024: $2,2062024

Highlighted filing

2024

Revenue$1,370,000
Expenses$1,367,794
Net Income$2,206
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$15,647
Liabilities
$0
Net assets
$15,647
Revenue
$1,370,000
Expenses
$1,367,794
Net income
$2,206
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$1.37$1.37$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.03$1.03$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.07$1.07$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.93$0.92$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.98$0.98$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.0
Gross Receipts
$1,370,000
Mission and Program Overview

Mission

The mission of the World Mate Foundation is to support charities that effectively operate charity schools and charity hospitals for underserved communities in Southeast Asia.

The mission of the World Mate Foundation is to support charities that effectively operate charity schools and charity hospitals for underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,441$15,647▲ $2,206
Cap Stk Tr Prin Current Funds$13,441$15,647▲ $2,206
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$13,441$15,647▲ $2,206
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--
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
Total Net Assets Fund Balance$13,441$15,647▲ $2,206
Total Liabilities and Net Assets / Fund Balance$13,441$15,647▲ $2,206
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Kevin OBrienBoard Member
Midori MiyazakiBoard Member
Nilesh PatelBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,370,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$2,206
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,366,194
Other Expenses$1,600
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,366,194--$1,366,194
Other Expenses$1,600$0$0$1,600
Total Functional Expenses$1,367,794$0$0$1,367,794
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Handa FoundationTowson, MD501c3Support for programs that involve the management of hospitals and schools that serve the underprivileged.$1,366,194
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

“The Form 990 is distributed each year in October to all three of the board members, prior to it being finalized and filed.”

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

“The conflict of interest policy is reviewed by the three board members on an annual basis, and at that time each member reviews the prior year of activity and discusses any potential conflicts of interest with the other members.”

Form 990, Part VI, Section B, Line 15

“Every year in October or November, the three board members review the salaries of all executives and department heads in the organization. At this time, a salary and employment history for these staff members are provided, alongside the salary range for each position. The salary range for each position is updated based on the current market conditions, which are also updated annually”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, financial statements and other operational details of the organization are provided to anyone who requests them, as noted on the organization's website and annual statement.”

Filing and Contact Details

Filer

Filer Name
World Mate Foundation Inc
EIN
84-5179046
Phone
5618668833
Address
136 Linden Place, Towson, MD 21286

Signing Officer

Name
Kevin OBrien
Title
Director
Phone
5618668833
Signed
2025-11-06

Organization Details

Principal Officer
Kevin OBrien
Formed
2020
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4
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