Worldbuilders INC FY2020 filing

Tax-deductible

Stevens Point, WI501(c)(3)Since 2010Foundations & GrantmakersEIN 90-0618018Revenue $494K in FY2020

On file with the IRSworldbuilders.orgPo Box 186, 54481-0186 · Stevens Point, WITax-exempt since Mar 2011Publicly supported — 509(a)(2)

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We work to unite the geek community into a massive force to fund education, opportunity and sustainable self-sufficiency for familiies and communities worldwide. By partnering with established non-profits with decades of proven success, we make the world a better place one family at a time. We use the collective power of readers, authors, gamers and geeks of all creeds to champion smart charities. Our partners give donors the most bang for their buck by running solid programs designed not only to provide immediate help, but to improve lives for generations across entire communities.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $45K a year · 10% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $21K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$102K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$494K
Spent
$671K
To programs
59%
Net assets
$689K
By yearFY2020–FY2024
Revenue
$494K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$494K
FY2021$459K
FY2022$759K
FY2023$405K
FY2024$246K
FY2024$184K
Expenses
$671K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$671K
FY2021$675K
FY2022$586K
FY2023$344K
FY2024$312K
FY2024$291K
Net assets
$689K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$689K
FY2021$473K
FY2022$646K
FY2023$707K
FY2024$641K
FY2024$536K

From the FY2020 Form 990 (year ending July 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2011.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $396K Management & general 27% · $180K Fundraising 14% · $96K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Gray Miller’s $9K as FMR Exec Dir is at the 9th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking 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 · 1 named individual · Part VII

NameFY2023FY2022FY2021
Gray Miller$8,615$68,500$61,311

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.

See Worldbuilders INC executive salaries →

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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

Supports humanitarian efforts worldwide through geek-centered initiatives.

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Provided by the organization

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1 program · $396K · in their own filed words · FY2019
01

We raise money through crowdfunding, attending conventions to spread the word and by sending merchandise to our supporters. We partnered with other irc 501(c)(3) organizations to conduct fundraising events benefiting nonprofit organizations.

$396Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$21K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$494K
Ln 12
Gifts and grantsLn 1h$260K
Other incomeLn 4–11$233K
Investment incomeLn 3$2K
Money outPt IX
$671K
Ln 25
Programscol B$396K
Managementcol C$180K
Fundraisingcol D$96K
Owns and owesPt X
$689K
net assets · Ln 32
Cash and savingsLn 1–2$363K
Total assetsLn 16$790K
LiabilitiesLn 26$102K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$260K
Investment incomeLn 3$2K
Other incomeLn 4–11$233K
Total revenueLn 12$494K
Assets in detailPt X, end of year
CashLn 1$84K
SavingsLn 2$279K
Cash and savings togetherLn 1–2$363K
Land, buildings, equipmentLn 10c$16K
Total assetsLn 16$790K
LiabilitiesLn 26$102K
Net assetsLn 32$689K
OperationsPt I, VI
EmployeesI 52
VolunteersI 61
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$224K$363K
Land, buildings, equipmentLn 10c$21K$16K
Total assetsLn 16$873K$790K
LiabilitiesLn 26$7K$102K
Net assetsLn 32$866K$689K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$9K$9K
Pay of current officers, directors and key staffLn 5$26K$26K
Other salaries and wagesLn 7$231K$137K$64K$31K
Other employee benefitsLn 9$75K$40K$26K$9K
Payroll taxesLn 10$20K$11K$7K$2K
Legal feesLn 11b$16K$9K$5K$2K
Accounting feesLn 11c$36K$19K$12K$4K
Other fees for servicesLn 11g$57K$29K$22K$6K
Advertising and promotionLn 12$7K$4K$3K
Office expensesLn 13$29K$12K$3K$14K
Information technologyLn 14$10K$10K$480
OccupancyLn 16$95K$71K$10K$14K
TravelLn 17$4K$4K
InterestLn 20$481$481
Depreciation, depletion and amortizationLn 22$17K$13K$2K$3K
InsuranceLn 23$7K$3K$3K$610
Other expenses (24a–d)Ln 24$32K$30K$2K
Total functional expensesLn 25$671K$396K$180K$96K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $246K$312K−$67K$641K 990 PDF
FY2023 $405K$344K$61K$707K 990 PDF
FY2022 $759K$586K$173K$646K 990 PDF
FY2021 $459K$675K−$215K$473K 990 PDF
FY2020 Viewing $494K$671K−$177K$689K 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 FY2020 990 (6 parts)
Part I · Summary $494,074 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $483,852$259,530
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $3,594$1,741
I-11 Other revenuePrior year $344,439$232,803
I-12 Total revenuePrior year $831,885$494,074
I-13 Grants and similar amounts paidPrior year $3,229$9,433
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $508,243$352,955
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $284,763$308,932
I-18 Total expensesPrior year $796,235$671,320
I-19 Revenue less expensesPrior year $35,650−$177,246
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
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-15a Process for setting top official's payYes
Part VIII · Statement of revenue $494,074 across 4 lines filed
Lines not itemized here account for $232,803 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$259,530
VIII-1h Total contributions, gifts and grants$259,530
VIII-3 Investment incomeExcluded from tax $1,741$1,741
VIII-12 Total revenueRelated to mission $0 · Unrelated business $364,162 · Excluded from tax −$129,618$494,074
Part IX · Statement of functional expenses $671,320 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $9,433$9,433
IX-5 Pay of current officers, directors and key staffManagement $26,154$26,154
IX-7 Other salaries and wagesPrograms $136,759 · Management $63,589 · Fundraising $30,875$231,223
IX-9 Other employee benefitsPrograms $40,014 · Management $26,485 · Fundraising $8,771$75,270
IX-10 Payroll taxesPrograms $10,965 · Management $6,906 · Fundraising $2,437$20,308
IX-11b Legal feesPrograms $8,571 · Management $5,397 · Fundraising $1,905$15,873
IX-11c Accounting feesPrograms $19,354 · Management $12,186 · Fundraising $4,301$35,841
IX-11g Other fees for servicesPrograms $28,691 · Management $21,687 · Fundraising $6,378$56,756
IX-12 Advertising and promotionPrograms $4,030 · Fundraising $3,151$7,181
IX-13 Office expensesPrograms $11,864 · Management $2,644 · Fundraising $14,021$28,529
IX-14 Information technologyPrograms $9,657 · Fundraising $480$10,137
IX-16 OccupancyPrograms $71,436 · Management $9,525 · Fundraising $14,287$95,248
IX-17 TravelFundraising $3,559$3,559
IX-20 InterestManagement $481$481
IX-22 Depreciation, depletion and amortizationPrograms $12,742 · Management $1,699 · Fundraising $2,548$16,989
IX-23 InsurancePrograms $3,052 · Management $2,927 · Fundraising $610$6,589
IX-24 Other expenses (24a–d)Programs $29,538 · Fundraising $2,211$31,749
IX-25 Total functional expensesPrograms $396,106 · Management $179,680 · Fundraising $95,534$671,320
Part X · Balance sheet $790,391 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $69,178$83,734
X-2 Savings and temporary cash investmentsStart of year $155,011$279,183
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $616,365$409,818
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $21,409$16,106
X-14 Intangible assetsStart of year $11,075$1,550
X-16 Total assetsStart of year $873,038$790,391
X-17 Accounts payable and accrued expensesStart of year $7,126$40,000
X-24 Unsecured notes and loans payableStart of year $0$61,725
X-26 Total liabilitiesStart of year $7,126$101,725
X-27 Net assets without donor restrictionsStart of year $865,912$688,666
X-32 Total net assets or fund balancesStart of year $865,912$688,666
X-33 Total liabilities and net assetsStart of year $873,038$790,391
Part XI · Reconciliation of net assets $688,666 net assets at year end
XI-1 Total revenue$494,074
XI-2 Total expenses$671,320
XI-3 Revenue less expenses−$177,246
XI-4 Net assets at start of year$865,912
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$688,666

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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