Best Of Both Worlds
- Assets
- $25.0
- Revenue
- $10.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Pearland, TX
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 27-0118894
Organization Overview
Best Of Both Worlds is located in Pearland, TX. The organization was established in 2006. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Best Of Both Worlds 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 12/2022, Best Of Both Worlds generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $10.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andre White Exec Dir | 20 | $0 | |
Robert White Director | 2 | $0 | |
Sondra White Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,145 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,145 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $2,631 |
| Travel, conferences, and meetings | $1,504 |
| Printing and publications | $0 |
| Other expenses | $3,535 |
| Total operating and administrative expenses | $8,320 |
| Contributions, gifts, grants paid | $1,800 |
| Total expenses and disbursements | $10,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18 |
| Savings and temporary cash investments | $7 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Best Of Both Worlds has awarded $1,150 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PEARLAND EXPOS PURPOSE: EQUIPMENT | $400 |
LUTHERAN SOUTH ACADEMY PURPOSE: SUMMER FEE | $250 |
BAYLOR UNIVERSITY PURPOSE: GENERAL FUND | $500 |