Transworld Accrediting Commission
- Assets
- $37.6k
- Revenue
- $192.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Palm Coast, FL
- Founding
- 03/1993
- Data as of
- 12/2022
- EIN
- 72-1226053
Organization Overview
Transworld Accrediting Commission is located in Palm Coast, FL. The organization was established in 1993. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Transworld Accrediting Commission is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A MECHANISM WHEREBY EVANGELICAL EDUCATIONAL INSTITUTIONS DEMONSTRATE THAT THEY MEET AT LEAST MINIMAL STANDARDS OF PERFORMANCE.TO PROVIDE CONSULTATION SERVICES THAT ENABLE EDUCATIONAL INSTITUTIONS TO MEET ACCEPTED STANDARDS OF PERFORMANCE.TO PROVIDE THE CONSUMING PUBLIC WITH THE CURRENT STATUS OF INSTITUTIONS WHICH HAVE APPLIED TO TRANSWORLD FOR ACCREDITATION.TO PROVIDE A CENTRALIZED INFORMATION AND REFERRAL SOURCE FOR ISSUES THAT CONCERN ACCREDITED INSTITUTIONS AND NON-TRADITIONAL STUDENTS.TO DISSEMINATE INFORMATION ABOUT NON-TRADITIONAL EDUCATIONAL OPTIONS TO THE GENERAL PUBLIC.TO PROMOTE ACADEMIC EXCELLENCE AND ACCOUNTABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A MECHANISM WHEREBY EVANGELICAL EDUCATIONAL INSTITUTIONS DEMONSTRATE THAT THEY MEET AT LEAST MINIMAL STANDARDS OF PERFORMANCE.TO PROVIDE CONSULTATION SERVICES THAT ENABLE EDUCATIONAL INSTITUTIONS TO MEET ACCEPTED STANDARDS OF PERFORMANCE.TO PROVIDE THE CONSUMING PUBLIC WITH THE CURRENT STATUS OF INSTITUTIONS WHICH HAVE APPLIED TO TRANSWORLD FOR ACCREDITATION.TO PROVIDE A CENTRALIZED INFORMATION AND REFERRAL SOURCE FOR ISSUES THAT CONCERN ACCREDITED INSTITUTIONS AND NON-TRADITIONAL STUDENTS.TO DISSEMINATE INFORMATION ABOUT NON-TRADITIONAL EDUCATIONAL OPTIONS TO THE GENERAL PUBLIC.TO PROMOTE ACADEMIC EXCELLENCE AND ACCOUNTABILITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Anderson Director | OfficerTrustee | 40 | $13,500 |
Deborah Anderson Secretary | Trustee | 10 | $0 |
Jack Lankhorst CFO | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $192,468 |
| Fundraising events | $0 |
| 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 | $192,468 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $192,468 |
| 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. | $37,888 |
| 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 | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Office expenses | $2,348 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $40,589 |
| 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 | $34,000 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,739 |
| Total functional expenses | $157,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,602 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $37,602 |
| 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 | $37,602 |
| 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 | $37,602 |