World Community
- Assets
- $695.5k
- Revenue
- $316.0k
- Investments
- $0.0
- Employees
- 12
- Location
- Bedford, VA
- Founding
- 05/1973
- Data as of
- 09/2023
- EIN
- 23-7224243
Organization Overview
World Community is located in Bedford, VA. The organization was established in 1973. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 09/2023, World Community employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Community is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, World Community generated $316.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $345.1k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING WORSHIP SERVICES FOR ADULT AND YOUTH RELIGIOUS ACTIVITIES SPIRITUAL EDUCATION LECTURES PUBLICATIONS CONFERENCES AND RETREATS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS SERVICES: DAILY PRAYER MEDITATION WORSHIP SERVICES. LECTURES CONFERENCES FELLOWSHIP EVENTS COUNSELING SERVICES AND RETREATS. CEMETERY SERVICES. HOSPITAL CLERGY SERVICES. 50-100 ADULTS YOUTH AND CHILDREN FOR YEAR ROUND SERVICES AND ACTIVITIES.
RELIGIOUS AND EDUCATIONAL SERVICES. PRE-SCHOOL THROUGH GRADE 12 INCLUDING SUMMER PROGRAM CURRICULUM. SUMMER RETREAT PROGRAM FOR SECONDARY SCHOOL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Jehan Bradley Vice President Trustee | OfficerTrustee | 20 | $12,060 |
Aditi Silverstein Secretary Trustee | OfficerTrustee | 20 | $18,000 |
Eric Rubin Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,089 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,089 |
| Total Program Service Revenue | $118,780 |
| Investment income | $4,615 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,450 |
| Net Gain/Loss on Asset Sales | $4,795 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$374 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $316,039 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $30,060 |
| Compensation of current officers, directors, key employees. | $6,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,850 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,479 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,149 |
| Office expenses | $25,183 |
| Information technology | $7,647 |
| Royalties | $0 |
| Occupancy | $81,143 |
| Travel | $412 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $490 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,513 |
| Insurance | $21,616 |
| All other expenses | $0 |
| Total functional expenses | $345,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,713 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$22,584 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,113 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $489,839 |
| Investments—publicly traded securities | $130,021 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $392 |
| Total assets | $695,494 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $695,494 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $695,494 |