Msworld Inc
- Assets
- $35.9k
- Revenue
- $9.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Bedford, PA
- Founding
- 04/1998
- Data as of
- 06/2024
- EIN
- 65-0803842
Organization Overview
Msworld Inc is located in Bedford, PA. The organization was established in 1998. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Msworld 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 06/2024, Msworld Inc generated $9.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (35.8%) each year. All expenses for the organization totaled $93.8k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO END THE ISOLATION THAT PEOPLE FEEL WHEN DIAGNOSED WITH MULTIPLE SCLEROSIS AND TO PROVIDE GROUP THERAPY FOR THOSE PERSONS WHO HAVE, ARE RECOVERING FROM OR SUPPORT SOMEONE WHO HAS MULTIPLE SCLEROSIS(MS)
Describe the Organization's Program Activity:
Part 3 - Line 4a
ON LINE THERAPY FOR PERSONS HAVING MULTIPLE SCLEROSIS:MSWORLD PROVIDES GLOBAL INTERNET COMMUNITY SUPPORT TO PEOPLE WITH MULTIPLE SCLEROSIS. OUR SOLE MISSION IS TO CREATE A SAFE, INFORMATIVE, USEFUL AND FUN PLACE FOR PEOPLE WITH MS TO MEET, SHARE IDEAS AND GAIN USEFUL RESOURCES TO KEEP THEM MOVING FORWARD WHILE LIVING WITH MS. MSWORLD, INC. MAINTAINS A WELL-TRAINED STAFF OF VOLUNTEERS TO MODERATE LIVE CHATS, MESSAGE BOARDS AND OTHER RESOURCES TO PROVIDE A SAFE AND USEFUL ONLINE COMMUNITY. WE ARE INTERESTED IN QUALITY OF LIFE GAINED THROUGH AN ACTIVE COMMUNITY, SHARED RESOURCES, AND THE USE OF NEW TECHNOLOGIES TO ASSIST PEOPLE WITH MULTIPLE SCLEROSIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Wilson President | OfficerTrustee | 5 | $0 |
Michael R Pender Jr Treasurer, Secretary | OfficerTrustee | 1 | $0 |
Lisa Lashley Vice President | OfficerTrustee | 40 | $36,000 |
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 | $9,121 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,121 |
| Total Program Service Revenue | $0 |
| Investment income | $185 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,306 |
| 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. | $36,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $483 |
| Payroll taxes | $2,940 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,326 |
| Advertising and promotion | $4,487 |
| Office expenses | $4,213 |
| Information technology | $10,661 |
| Royalties | $0 |
| Occupancy | $548 |
| Travel | $2,602 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,204 |
| All other expenses | $0 |
| Total functional expenses | $93,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $34,813 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,055 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,870 |
| 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 | $35,870 |
| 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 | $35,870 |