Worldupstart Impacts EIN 93-3676360

Worldupstart Impacts

EIN  93-3676360 Public charity (501(c)(3)) Philadelphia, PA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Empowering global innovators to build scientific and tech breakthroughs for health and industry.
Leadership
Peter Gonzales · Secreatary
Money in and out
$252K revenue, $975 expenses
Bottom line
0% program efficiency

Empowering global innovators to build scientific and tech breakthroughs for health and industry. For fiscal year 2024 it reported $252K in revenue, $975 in expenses, and $251K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$252K
Pt VIII · Ln 12
Total expenses
$975
Pt IX · Ln 25
Net assets
$251K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $251K
Where spending went · Part IX cols B–D
Management & general $1.00
Program efficiency
0%
of spending reaches programs
Operating runway
3086.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+100%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$252K
Pt VIII · Ln 12
Total expenses
$975
Pt IX · Ln 25
Net assets
$251K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$251K
Total assetsPt X · Ln 16$251K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Support institutions and governments worldwide to build entrepreneurial ecosystems that drive scientific and technological breakthroughs

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWorldupstart Impacts
EINHdr · item D93-3676360
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jworldupstartimpacts.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S30)
Ruling yearIRS BMFAug 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secreatary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$251K
Investment income$813
Total revenueLn 12$252K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$975
Total functional expensesLn 25$975

Balance Sheet

Part X · end of year
CashLn 1$251K
Total assetsLn 16$251K
Total liabilitiesLn 26$0
Total net assetsLn 32$251K
Months of cash on handcomputed3086.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $251K · Operating expenses/yr $975
3086.9 months
Where the money goes
Program services
Program services $0 · Total expenses $975
0%
Management & General
Management & general $975 · Total expenses $975
100%
Fundraising
Fundraising $0 · Total expenses $975
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $251K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $251K · Total revenue $252K
100%
Government reliance
Government grants — · Total revenue $252K
Earned-income share
Program service revenue $0 · Total revenue $252K
0%
Investment reliance
Investment income $813 · Total revenue $252K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $975
0%
Growth & trend
Revenue growth (YoY)
This year $252K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $251K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $252K · Expenses $975
+100%
Liabilities-to-Assets
Total liabilities — · Total assets $251K
Net-asset ratio
Net assets $251K · Total assets $251K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $251K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Peter Gonzales · Reported title SECREATARY · Highest reported compensation $0 · Total expenses $975
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $975
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Fundraising cost ratio 0%
Legal fee ratio 62%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$250K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$252K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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