Public Charity

WORLD SPORTS INC

WORLD SPORTS INC is a Public Charity headquartered in BONITA SPRINGS, FL. Financial data from the 2024 filing: $2.5M revenue, $2.8M expenses, $3.7M total assets. 40 publicly reported grants to this organization, totaling roughly $16.4M, appear in IRS filings.

EIN: 592229691 BONITA SPRINGS, FL Olympics NTEE: N71 Latest filing: 2024
Total Revenue$2.5M
Total Expenses$2.8M
Total Assets$3.7M
Grant Records40
Funding Total$16.4M
Filing Years2020–2024

Mission

TO ENCOURAGE AND STIMULATE NATIONAL SPORTS MINISTRIES IN ALL COUNTRIES

Where $100 goes at World Sports Inc

How World Sports Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$48
World Sports funds sports ministry training conferences internationally and in the USA
50% of program spending
$47
Other program services
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CORRESPONDING SECRETARY Austin Carr
VICE PRESIDENT Cary Drake
DIRECTOR Dan Caldwell
PRESIDENT Edward P Waxer
TREASURER Hugh Morris
MR Ivan Bychkov

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$11,123,380 14 grants
Religion & Spirituality
$1,518,300 2 grants
Sports & Recreation
$881,390 8 grants
Arts & Culture
$170,000 1 grant
Human & Social Services
$165,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.5M $2.8M $3.7M
2023 $2.4M $2.4M $3.9M
2022 $2.4M $2.9M $4.1M
2021 $3.2M $3.5M $4.4M
2020 $2.8M $1.5M $4.7M

Between 2020 and 2024, reported annual revenue declined from $2.8M to $2.5M (-9%), with total assets most recently reported at $3.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WORLD SPORTS INC

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