Overview
What is World Business Academy?
The World Business Academy is a distinguished nonprofit organization situated in Santa Barbara, California. With a mission to transform business leaders' mindsets, it encourages a shift from self-serving attitudes to servant leadership. Additionally, the Academy aims to instill a sense of nobility in young professionals entering the business world, viewing their profession as more than just a competitive landscape. Furthermore, the organization aspires to influence public perception, encouraging a broader understanding of the role of business in society. The Academy employs a team of ten individuals, dedicated to achieving these lofty goals through environmental sustainability consultation and education.
Official website here: www.worldbusiness.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The World Business Academy has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial management. The organization showcases strong governance, with a fully independent board and no material diversion of assets. However, it lacks essential policies like a whistleblower policy and document retention, which are critical for ensuring transparency and accountability.
User feedback highlights the Academy's effectiveness in promoting renewable energy initiatives and engaging diverse stakeholders, including business leaders and environmentalists. Many reviewers express admiration for the organization's commitment to sustainability and its ability to inspire collective action toward achieving a cleaner energy future. The dedication of the staff and their impactful projects, such as the Santa Barbara Reliable Resilient Renewable (SBR3) campaign, are frequently praised.
While the organization enjoys strong support from its community and stakeholders, the rating from Charity Navigator suggests that there are areas for improvement, particularly in its governance practices. Despite this, the positive reviews indicate that the World Business Academy is making significant strides in addressing climate change through education and advocacy, positioning itself as a vital player in the renewable energy movement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is World Business Academy legitimate?
World Business Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Business Academy 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: $131,312
For more financial information, click here
Official website here: www.worldbusiness.org
What is the mission statement of World Business Academy?
The World Business Academy aims to transform the mindset of business leaders, encouraging a shift from self-serving leadership to serving others. It also seeks to influence young individuals entering the business world, encouraging them to view their profession as noble rather than a competitive jungle. Furthermore, the academy aims to influence public perception, promoting a more enlightened view of the business sector. In addition to its mission, the World Business Academy provides environmental sustainability consultation and education.
Official website here: www.worldbusiness.org
Who is the CEO of World Business Academy?
Rinaldo S Brutoco is the Director of World Business Academy. The CEO's salary of World Business Academy is $0 and their total compensation is $0.
Official website here: www.worldbusiness.org
What is the revenue of World Business Academy?
World Business Academy's revenue in 2022 was $1,910,669.
Official website here: www.worldbusiness.org
Who are the executives of World Business Academy and what are their salaries?
The average compensation at World Business Academy during 2022 was $13,131. There are 10 employees at World Business Academy.
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Official website here: www.worldbusiness.org
Where can I find the form 990 for World Business Academy?
World Business Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worldbusiness.org
Learn more at the official website: www.worldbusiness.org
Mission Statement of World Business Academy
The World Business Academy aims to transform the mindset of business leaders, inspiring them to shift from self-serving attitudes to becoming servant leaders. Furthermore, the organization seeks to influence young individuals entering the business sector, encouraging them to view their profession as a noble endeavor rather than a cutthroat competition. Lastly, World Business Academy strives to influence the general public's perception of business, promoting a more service-oriented and ethical approach. The organization's primary objective is to foster a shift in consciousness, emphasizing the importance of collective responsibility and contribution within the business community.
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Impact
July, 2024
The World Business Academy's impact lies in its mission to transform business leaders' consciousness from self-service to servant leadership, shaping young professionals to view business as a noble profession rather than a jungle, and altering the public's perception at large. Through environmental sustainability consultation and education, the Academy is working to inspire a shift in mindset towards creating a more conscious and responsible business world. Based in Santa Barbara, CA, the Academy's efforts are aligned with promoting a sustainable and ethical approach to business practices, influencing individuals and organizations to prioritize social and environmental stewardship. Their focus on education contributes towards fostering a new generation of business leaders who are dedicated to creating a positive impact on society and the planet.
This information is meant to be a general summary of World Business Academy. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $45,158
- Program Service Revenue: $167,625
- Gross Receipts: $1,910,669
Assets and Liabilities:
- Total Assets: $8,862,315
- Total Liabilities: $2,206,109
- Net Assets: $6,656,206
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$167,625
Organization Details
Founding Year
1986
Phone
(805) 892-4600Principal Officer
Rinaldo S Brutoco
Main Address
1101 ANACAPA STREET SUITE 200, SANTA BARBARA, CA, 93101
Website
www.worldbusiness.orgNTEE Category
Code: B51Z - Education
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