World Academy Of Development
- Assets
- $41.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yorba Linda, CA
- Founding
- 05/2017
- Data as of
- 12/2020
- EIN
- 81-3918323
Organization Overview
World Academy Of Development is located in Yorba Linda, CA. The organization was established in 2017. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Academy Of Development 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 12/2020, World Academy Of Development generated $68.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $99.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOOLING TO STUDENTS. THE ORPHAN CHILDREN THAT RESIDE IN THE ACADEMIES ARE GIVEN A FORMAL ELEMENTARY AND SECONDARY SCHOOL EDUCATION ALONG WITH SUPPLEMENTARY EDUCATION SUCH AS COMPUTER PROGRAMMING, TUTORIAL HELP AND MARTIAL ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zeia Syed CEO | 10 | $0 | |
Tahir Rizvi CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,976 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,976 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,948 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $20,539 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,057 |
| Total expenses | $99,544 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,613 |
| Other assets | $0 |
| Total assets | $41,613 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,613 |
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