World Of Westchase Inc

Organization Overview

World Of Westchase Inc is located in Tampa, FL. The organization was established in 2018. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Of Westchase Inc 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 12/2020, World Of Westchase Inc generated $495.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $506.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

WORLD OF WESTCHASE, INC. (WOW) IS A FLORIDA NOT-FOR-PROFIT CORPORATION WHICH IS REGISTERED WITH THE IRS UNDER SECTION 501(C)(3). AS PART OF THE APPLICATION, THE SUPPORTING DOCUMENTS CLEARLY IDENTIFY ITS ACTIVITIES AS A COMMUNITY NEWS MAGAZINE WITH EXCESS REVENUES BEING DISTRIBUTED TO SCHOOLS AND OTHER COMMUNITY GROUPS. HISTORICALLY, AND PRIMARILY, WOW HAS PROVIDED THIS SERVICE TO THE COMMUNITY OF WESTCHASE BY PUBLISHING A NEWSLETTER, WHICH HAS GROWN INTO A MONTHLY NEWS MAGAZINE, CONTAINING INFORMATION OF INTEREST ABOUT THE COMMUNITY (INCLUDING ITS GOVERNING BODIES, COMMUNITY ACTIVITIES, RESIDENTS, ETC.). THIS PUBLICATION HAS BEEN AND CONTINUES TO BE PROVIDED FREE OF CHARGE TO COMMUNITY RESIDENTS. NOT ONLY DOES THE PUBLICATION KEEP RESIDENTS INFORMED ABOUT SPECIFIC COMMUNITY MEETINGS, PROGRAMS AND ACTIVITIES, BUT WE BELIEVE IT HAS HELPED BUILD AND MAINTAIN A STRONG SENSE OF COMMUNITY AMONG WESTCHASE RESIDENTS. IT IS HELPFUL TO REMEMBER THAT WESTCHASE IS A RELATIVELY NEW (25 YEARS OLD)

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE WORLD OF WESTCHASE, INC. (WOW) PUBLISHES A NEWS MAGAZINE WHICH IS AN IMPORTANT COMMUNITY ASSET. WOW AND ITS MAGAZINE SERVE THE RESIDENTS BY PROVIDING WESTCHASE NEWS AND INFORMATION BY PUBLISHING MONTHLY AND DELIVERING TO EACH RESIDENT AT NO COST. THE FACEBOOK PAGE SERVES AS A COMMUNITY FORUM FOR RESIDENT INPUT, OPINIONS AND FEEDBACK, AND THE NEWS MAGAZINE PROVIDES LEGAL NOTICES TO THE RESIDENTS. WOW RETURNS ANY REVENUES AFTER EXPENSES AND RESERVES TO SUPPORT WORTHWHILE COMMUNITY PROJECTS. WOW WILL CONTINUE TO SEEK WAYS TO SERVE THE COMMUNITY AND ITS ADVERTISERS IN FAIR, FRIENDLY AND OPEN WAYS IN THE MOST EFFECTIVE MANNER POSSIBLE.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Griffin
President
$0
Jeff Seligsohn
Treasurer
$0
Jon Stein
Vice President
$0
Tony Finocchiaro
Secretary
$0
David Vail
Member
$0
Sarah Crisafulli
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
C & D Printing Company
Printing
$113,279
Ink & Image Media
Writing, Editing, And Publishing
$100,901
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$10,900
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,900
Total Program Service Revenue$0
Investment income $1,419
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$5,585
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $494,991

Grants Awarded

Over the last fiscal year, World Of Westchase Inc has awarded $18,990 in support to 6 organizations.

Grant RecipientAmount

CITRUS PARK ELEMENTARY

PURPOSE: EDUCATION

$5,500

CITRUS PARK ELEMENTARY

PURPOSE: EDUCATION

$5,500

WESTCHASE CHARITABLE FOUNDATION

Org PageRecipient Profile

Tampa, FL

PURPOSE: COMMUNITY SUPPORT, SANTA PARADE 2020

$2,500

WESTCHASE CHARITABLE FOUNDATION

Org PageRecipient Profile

Tampa, FL

PURPOSE: COMMUNITY SUPPORT, SANTA PARADE 2020

$2,500

WESTCHASE ELEMENTARY

PURPOSE: FOOD DONATIONS FOR NEEDY FAMILIES

$1,495

WESTCHASE ELEMENTARY

PURPOSE: FOOD DONATIONS FOR NEEDY FAMILIES

$1,495
View Grant Profile

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