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World Sports Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592229691 ✦ Bonita springs, FL ✦ Designated as a 501(c)(3)

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Overview

What is World Sports Inc?

World Sports Inc is a nonprofit organization based in Bonita Springs, Florida. Their primary mission is to encourage and stimulate sports ministry developments globally and in the United States. They accomplish this by conducting sports ministry training conferences, both domestically and internationally. These conferences range from five-day sessions to three-month programs, catering to sport and play leaders, athletes, and community groups. The objective is to equip them with the skills to serve children, youth, and competitive athletes, as well as to contribute to their cities during regional and global sports events. Over 75,000 individuals are trained annually through these structured programs, which culminate in certification of outcomes. With a small team of one employee, World Sports Inc is dedicated to fostering sports ministry growth worldwide.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star rating)

World Sports Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization boasts an impressive program expense ratio of 95.16%, indicating that the vast majority of its funds are directed towards its programs rather than administrative costs. Furthermore, it has a high level of board independence and has established various policies to ensure transparency and ethical governance.

User feedback highlights the effectiveness of its leadership, particularly praising the president, Eddie Waxer, for his ability to foster global partnerships through sports. A donor noted that the organization has low overhead costs, allowing donations to have a significant impact on its programs. This suggests that the nonprofit is well-regarded within its community for maximizing the utility of contributions.

While the overall ratings are strong, the review data does not indicate any notable limitations or areas for improvement. This positive reception from both the rating agency and individual donors signifies a reliable and impactful organization in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is World Sports Inc legitimate?

World Sports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Sports Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $176,176

For more financial information, click here

What is the mission statement of World Sports Inc?

World Sports Inc's mission is centered around encouraging and stimulating the growth of sports ministries globally. They achieve this objective by organizing training conferences for sports leaders, both internationally and within the United States. These conferences, ranging from five days to three months, equip individuals who work with children, youth, and competitive athletes. The training programs not only teach these leaders how to serve their communities but also guide athletes and community groups on how to contribute to their cities during regional and global sports events. The structured training programs also result in certification of outcomes. annually, over 75,000 individuals benefit from these training sessions.

Who is the CEO of World Sports Inc?

Eddie P Waxer is the Principal Officer of World Sports Inc.

What is the revenue of World Sports Inc?

World Sports Inc's revenue in 2022 was $2,402,788.

Who are the executives of World Sports Inc and what are their salaries?

There is 1 employee at World Sports Inc.


Here are 7 key members and their salaries:


Edward P Waxer (President)
  • Compensation: $176,176
  • Related: $176,176
  • Other: $0
Cary Drake (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Carr (Corresponding Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Morris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Yip (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Bychkov (Mr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for World Sports Inc?

World Sports Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of World Sports Inc

World Sports, as an organization, is committed to fostering the growth and development of sports ministry globally and within the United States. Their primary mission is to motivate and stimulate national sports ministries in various countries. To achieve this goal, World Sports conducts training conferences both internationally and domestically. These conferences cater to sports and play leaders, providing them with the necessary skills to serve children, young people, and competitive athletes. The training sessions, ranging from five days to three months, equip these leaders with strategies to serve their communities during regional and global sports events. The structured trainings culminate in the certification of outcomes, and annually, over 75,000 individuals are trained through these programs. World Sports' initiatives aim to empower sports leaders to use their platforms for community service, fostering a sense of unity and camaraderie among athletes and community groups.

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Impact




July, 2024

World Sports Inc has a significant impact on the global sports community by funding sports ministry training conferences internationally and in the USA. Through their structured training programs, they equip sport and play leaders to serve children, youth, and competitive athletes, as well as teach athletes and community groups how to serve their cities during regional and global sports events. With over 75,000 individuals trained annually, World Sports Inc plays a vital role in promoting sports ministry developments both locally and internationally.




This information is meant to be a general summary of World Sports Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,402,788 (2022)
Expenses
$2,852,793 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,533
  • Program Service Revenue: $28,658
  • Gross Receipts: $2,402,788

Assets and Liabilities:

  • Total Assets: $4,080,194
  • Total Liabilities: $115,000
  • Net Assets: $3,965,194

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCE INCOME

Revenue

$28,658

Organization Details

Founding Year

1983

Principal Officer

Eddie P Waxer

Main Address

PO BOX 2607, BONITA SPRINGS, FL, 34133

NTEE Category

Code: N71Z - Recreation

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