World Innovations Network
- Assets
- $61.8k
- Revenue
- $217.0k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-4307065
Organization Overview
World Innovations Network is located in San Francisco, CA. The organization was established in 2019. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., 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 Innovations Network 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, World Innovations Network generated $217.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $187.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WIN IS A NON-PROFIT THAT TEACHES REAL-WORLD KNOWLEDGE ON MARKET INNOVATIONS FROM MENTORS AND SUCCESSFUL ENTREPRENEURS THAT AIM TO INNOVATE NEW SOLUTIONS TO BIG (CONTINUED ON SCHEDULE O, STATEMENT 2)
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL DEVELOPMENT/ENTREPRENEURSHIP WORKSHOPS AT 2 COLLEGES FOR A TOTAL FO 67 STUDENTS WAS CONDUCTED TO TEACH: TURN AN IDEA TO BUSINESS, ENTREPRENEURSHIP ECOSYSTEM, DESIGN AND INNOVATIVE THINKING HOW TO PRESENT AND PITCH YOUR IDEAS INA PRESENTATION, LEARNING HOW TO LEARN, PROFESSIONAL DEVELOPMENT AND PERSONAL BRANDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mojgan Momeni President | OfficerTrustee | 20 | $90,554 |
Yahya Tabeshi Secretary | OfficerTrustee | 20 | $0 |
Kazutaka Ohno Treasurer | OfficerTrustee | 20 | $0 |
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 | $181,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,000 |
| 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 | $217,000 |
| 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. | $90,554 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,740 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,171 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,650 |
| Fees for services: Accounting | $12,500 |
| 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 | $5,574 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,000 |
| Travel | $550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $5,331 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,035 |
| All other expenses | $0 |
| Total functional expenses | $187,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,840 |
| 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 | $61,840 |
| Accounts payable and accrued expenses | $5,457 |
| 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 | $5,457 |
| Net assets without donor restrictions | $56,383 |
| 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 | $61,840 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that World Innovations Network has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Pivotal Foundation Phoenix, AZ PURPOSE: FOR THE EXEMPT PURPOSE OF THE ORGANIZATION | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Emerging Technology Fund Concord, CA | $35,282,028 | $1,248,904 |
Northeast Graffiti Busters Sun Valley, CA | $817,065 | $2,704,184 |
California Association For Microenterprise Opportunity San Francisco, CA | $2,292,930 | $2,410,001 |
Kakoo Oiwi Kaneohe, HI | $1,261,601 | $1,392,855 |
John And Ginger Niemeyer Foundation Portland, OR | $159,857 | $300,866 |
Northern California Allied Trades Emeryville, CA | $168,752 | $814,434 |
Launchpad Development Five Llc Redwood City, CA | $8,071,814 | $746,991 |
Mcsweeny Farms Community Association Canyon Lake, CA | $1,155,887 | $728,568 |
Redding Tourism Marketing Group Inc Anderson, CA | $1,902,850 | $1,121,807 |
Thrive Alliance Redwood City, CA | $209,347 | $486,186 |
Nor Cal Rental Property Association Inc Stockton, CA | $458,634 | $496,721 |
Chico State Construction Management Education Foundation Chico, CA | $1,236,830 | $401,156 |