Worldwide Inventory Network Inc

Organization Overview

Worldwide Inventory Network Inc is located in St Louis, MO. The organization was established in 1991. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Worldwide Inventory Network Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Worldwide Inventory Network Inc generated $19.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $24.4m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

DISTRIBUTE DONATED ASSETS TO OTHER TAX-EXEMPT ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PARTICIPATING 501(C)3 ORGANIZATIONS RECEIVED EXCESS, INVENTORY ITEMS OF DONOR COMPANIES FOR A SHARED MANAGEMENT FEE, WHICH IS A SMALL FRACTION OF THE DONATED VALUE. ACCORDINGLY, NO 2019 REVENUE IS TREATED AS REVENUE FROM AN "EXCESS CONTRIBUTOR" ON SCHEDULE A.


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Board, Officers & Key Employees

Name (title)Compensation
Travis Laws
President
$197,590
Patrick Turner
Treasurer
$0
Kathy Reznikov
Secretary
$0
Brenton Dearing
Vice President
$0
Joyce Laws
Director
$0
Craig Hogan
Director
$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$17,782,331
Noncash contributions included in lines 1a–1f $17,782,331
Total Revenue from Contributions, Gifts, Grants & Similar$17,782,331
Total Program Service Revenue$1,161,575
Investment income $8,139
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 $18,952,045

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Worldwide Inventory Network Inc has recieved totaling $9,191.

Awarding OrganizationAmount
The Toy Foundation Inc

New York, NY

PURPOSE: TOY BANK 2.0 (2)

$9,191
View Grant Recipient Profile

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