World Basc Organization INC

Tax-deductible

Miami Springs, FL501(c)(3)Since 2016EducationEIN 81-1631275Revenue $1.3M in FY2025

On file with the IRSwbasco.orgPo Box 660473, 33266-0473 · Miami Springs, FLTax-exempt since Nov 2016Publicly supported — 509(a)(2)

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Promotes safe trade in voluntary cooperation with Governments, border agencies,control authorities, and international organizations

501(c)(3) charity; gifts are tax-deductible.
44¢ of each $1 spent went to programs.
Run by 5 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $131K a year · 12% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
44%
of spending
Concern: 44% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$288K
to officers and key staff · 23% of spending
Top officer’s pay higher than 71% of similar orgs
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 9.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$175K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 13 voting members
Looks good: 11 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
-12% vs prior year
Spent
$1.2M
To programs
44%
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$1.3M
FY2025▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2020$749K
FY2021$1.1M
FY2022$1.1M
FY2023$1.1M
FY2024$1.4M
FY2025$1.3M
Expenses
$1.2M
FY2025▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$705K
FY2021$758K
FY2022$943K
FY2023$957K
FY2024$1.3M
FY2025$1.2M
Net assets
$1.1M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$346K
FY2021$672K
FY2022$781K
FY2023$927K
FY2024$1.1M
FY2025$1.1M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

44 cents of each dollar spent went to programs.

Program services 44% · $552K Management & general 56% · $697K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $288K paid to officers and key staff.

Part VII, Section A · reportable compensation
International President
$163,173Pt VII · Sec A
Executive Director
$124,740Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Edmundo Erik Moncayo’s $163K as International President is at the 71st percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Edmundo Erik Moncayo$163,173$157,692$150,180$91,667——
Fermin Cuza———$85,165$139,050$135,000
Suzanne Lemaitre$124,740$118,800$101,505———
Manuel Echeverria————$72,958$100,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Facilitates secure trade through voluntary cooperation with governments and international agencies.

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Provided by the organization

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2 programs · $552K · in their own filed words · FY2025
01

Membership Program

Promote within its members the development and implementation of prevention and protection measures aimed to prevent the use of international trade supply chain as a means of financing illicit activities such as terrorism, smuggling, drug trafficking and others including intellectual property violations that threaten the security of…

$515Kprogram expense
02

Develop and coordinate training activities for the promotion of the BASC norm and standard, a Supply Chain Management System among its members and interested parties.

$37Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.1M
Fees for servicesLn 2g$114K
Other incomeLn 4–11$11K
Money outPt IX
$1.2M
Ln 25
Programscol B$552K
Managementcol C$697K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$1.3M
LiabilitiesLn 26$175K
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Fees for servicesLn 2g$114K
Other incomeLn 4–11$11K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$749K
SavingsLn 2$265K
Cash and savings togetherLn 1–2$1.0M
Land, buildings, equipmentLn 10c$137K
Other assetsLn 15$8K
Total assetsLn 16$1.3M
LiabilitiesLn 26$175K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 55
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$824K$1.0M
Land, buildings, equipmentLn 10c$318K$137K
Total assetsLn 16$1.2M$1.3M
LiabilitiesLn 26$164K$175K
Net assetsLn 32$1.1M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$288K$144K$144K$0
Other salaries and wagesLn 7$275K$138K$138K$0
Pension plan contributionsLn 8$12K$6K$6K$0
Other employee benefitsLn 9$25K$12K$12K$0
Payroll taxesLn 10$31K$15K$15K$0
Management feesLn 11a$137K$68K$68K$0
Legal feesLn 11b$19K$10K$10K$0
Accounting feesLn 11c$5K$0$5K$0
Other fees for servicesLn 11g$184K$0$184K$0
Advertising and promotionLn 12$22K$22K$0$0
Office expensesLn 13$31K$0$31K$0
OccupancyLn 16$46K$11K$34K$0
TravelLn 17$78K$78K$0$0
Conferences, conventions and meetingsLn 19$24K$16K$7K$0
Depreciation, depletion and amortizationLn 22$2K$0$2K$0
InsuranceLn 23$4K$0$4K$0
Other expenses (24a–d)Ln 24$37K$11K$26K$0
All other expensesLn 24e$30K$20K$10K$0
Total functional expensesLn 25$1.2M$552K$697K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.3M$1.2M$18K$1.1M 990 PDF
FY2024 $1.4M$1.3M$144K$1.1M 990 PDF
FY2023 $1.1M$957K$146K$927K 990 PDF
FY2022 $1.1M$943K$108K$781K 990 PDF
FY2021 $1.1M$758K$326K$672K 990 PDF
FY2020 $749K$705K$44K$346K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,267,054 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,040,325$1,142,294
I-9 Program service revenuePrior year $380,095$113,517
I-10 Investment income$0
I-11 Other revenuePrior year $22,304$11,243
I-12 Total revenuePrior year $1,442,724$1,267,054
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $609,144$630,508
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $689,911$618,437
I-18 Total expensesPrior year $1,299,055$1,248,945
I-19 Revenue less expensesPrior year $143,669$18,109
Part VI · Governance 11 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members11
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,267,054 across 5 lines filed
VIII-1b Membership dues$1,142,294
VIII-1h Total contributions, gifts and grants$1,142,294
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$113,517
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,243 · Unrelated business $0 · Excluded from tax $0$11,243
VIII-12 Total revenueRelated to mission $124,760 · Unrelated business $0 · Excluded from tax $0$1,267,054
Part IX · Statement of functional expenses $1,248,945 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $143,957 · Management $143,957 · Fundraising $0$287,914
IX-7 Other salaries and wagesPrograms $137,573 · Management $137,573 · Fundraising $0$275,146
IX-8 Pension plan contributionsPrograms $5,917 · Management $5,917 · Fundraising $0$11,834
IX-9 Other employee benefitsPrograms $12,494 · Management $12,494 · Fundraising $0$24,988
IX-10 Payroll taxesPrograms $15,313 · Management $15,313 · Fundraising $0$30,626
IX-11a Management feesPrograms $68,309 · Management $68,309 · Fundraising $0$136,618
IX-11b Legal feesPrograms $9,709 · Management $9,709 · Fundraising $0$19,418
IX-11c Accounting feesPrograms $0 · Management $5,179 · Fundraising $0$5,179
IX-11g Other fees for servicesPrograms $0 · Management $183,509 · Fundraising $0$183,509
IX-12 Advertising and promotionPrograms $21,823 · Management $0 · Fundraising $0$21,823
IX-13 Office expensesPrograms $0 · Management $31,131 · Fundraising $0$31,131
IX-16 OccupancyPrograms $11,442 · Management $34,326 · Fundraising $0$45,768
IX-17 TravelPrograms $77,616 · Management $0 · Fundraising $0$77,616
IX-19 Conferences, conventions and meetingsPrograms $16,478 · Management $7,330 · Fundraising $0$23,808
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $2,155 · Fundraising $0$2,155
IX-23 InsurancePrograms $0 · Management $4,269 · Fundraising $0$4,269
IX-24 Other expenses (24a–d)Programs $10,810 · Management $26,045 · Fundraising $0$36,855
IX-24e All other expensesPrograms $20,095 · Management $10,193 · Fundraising $0$30,288
IX-25 Total functional expensesPrograms $551,536 · Management $697,409 · Fundraising $0$1,248,945
Part X · Balance sheet $1,263,602 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $562,064$749,252
X-2 Savings and temporary cash investmentsStart of year $261,794$265,253
X-4 Accounts receivableStart of year $75,638$29,327
X-9 Prepaid expenses and deferred chargesStart of year $9,715$75,365
X-10c Land, buildings and equipment, netStart of year $317,738$136,863
X-15 Other assetsStart of year $7,542$7,542
X-16 Total assetsStart of year $1,234,491$1,263,602
X-17 Accounts payable and accrued expensesStart of year $20,973$35,219
X-24 Unsecured notes and loans payableStart of year $142,670$139,426
X-26 Total liabilitiesStart of year $163,643$174,645
X-32 Total net assets or fund balancesStart of year $1,070,848$1,088,957
X-33 Total liabilities and net assetsStart of year $1,234,491$1,263,602
Part XI · Reconciliation of net assets $1,088,957 net assets at year end
XI-1 Total revenue$1,267,054
XI-2 Total expenses$1,248,945
XI-3 Revenue less expenses$18,109
XI-4 Net assets at start of year$1,070,848
XI-10 Net assets at end of year$1,088,957

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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