World Avocado Organization
- Assets
- $648.3k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Carlsbad, CA
- Founding
- 11/2016
- Data as of
- 12/2023
- EIN
- 81-1506510
Organization Overview
World Avocado Organization is located in Carlsbad, CA. The organization was established in 2016. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Avocado Organization is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, World Avocado Organization generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. 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
THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE THE CONSUMPTION AND AWARENESS OF AVOCADOS THROUGH MARKETING, INFORMATIONAL AND EDUCATIONAL PLANS AND PROGRAMS. THE ORGANIZATION SHALL ALSO PROMOTE THE BETTERMENT OF THE GLOBAL AVOCADO CATEGORY THROUGH DIFFERENT ACTIVITIES, INCLUDING, BUT NOT LIMITED TO THE PRODUCTION, MARKETING, RESEARCH, AND INFORMATION OF AVOCADOS FROM THE WORLD, AND FOR OTHER PURPOSES AS DEEMED APPROPRIATE BY THE BOARD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WORLD AVOCADO ORGANIZATION'S PROGRAM SERVICES CONSISTS OF PROMOTING THE CONSUMPTION AND AWARENESS OF AVOCADOS THROUGH MARKETING, INFORMATIONAL AND EDUCATIONAL PLANS AND PROGRAMS. THE ORGANIZATION PROMOTES THE BETTERMENT OF THE GLOBAL AVOCADO CATEGORY THROUGH DIFFERENT ACTIVITIES, INCLUDING, PRODUCTION, MARKETING, RESEARCH, AND INFORMATION OF AVOCADOS FROM AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zac Bard Chairman | OfficerTrustee | 2 | $0 |
Juan Carlos Paredes Director | Trustee | 2 | $0 |
Adrielle Dankier Director | Trustee | 2 | $0 |
Clive Garret Director | Trustee | 2 | $0 |
Francisco Camino Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marco De Comunicacion Slu Marketing | 12/30/23 | $918,371 |
Gh05t Limited Marketing | 12/30/23 | $347,937 |
Edeka Marketing | 12/30/23 | $278,442 |
Nature's Pride Bv Marketing | 12/30/23 | $152,072 |
Criteo Corp Marketing | 12/30/23 | $140,168 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,040,945 |
| 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 | $1,040,945 |
| 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. | $0 |
| 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 | $62,951 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $289,030 |
| Advertising and promotion | $2,734,824 |
| Office expenses | $452 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,199 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,761 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,366 |
| All other expenses | $515 |
| Total functional expenses | $3,162,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $648,349 |
| 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 | $648,349 |
| 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 | $648,349 |
| 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 | $648,349 |