Red Worldwide Inc
- Assets
- $669.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-2507122
Organization Overview
Red Worldwide Inc is located in Fort Worth, TX. The organization was established in 2018. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Worldwide Inc 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 12/2023, Red Worldwide Inc generated $188.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $187.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RED WORLDWIDE, INC. IS A SOCIAL ENTERPRISE NONPROFIT ORGANIZATION THAT EXISTS TO NAVIGATE A BUSINESS FROM THE VERY INFORMAL CONCEPTS TO THE POINT OF BECOMING A THRIVING VIABLE CONCERN. OUR GOAL IS TO HELP CLIENTS BECOME PART OF THE NEW GENERATION OF OWNERS WHO PRIORITIZE VALUE OVER SIZE. WITH RED'S GUIDANCE, CLIENTS ARE ABLE TO GO TO MARKET QUICKLY, GENERATE RECURRING PROFITS, AND SCALE THEIR BUSINESSES. RED OFFERS A COMPREHENSIVE APPROACH TO BUSINESS SUCCESS. WE START BY HELPING CLIENTS EXPLORE THEIR VISIONS AND DEVELOP IDEAS. FROM THERE, WE MOVE ON TO STRATEGIZING AND IMPLEMENTING THOSE IDEAS TO BRING THEM TO FRUITION. OUR TEAM IS COMPRISED OF EXPERIENCED CERTIFIED BUSINESS ADVISORS WHO NAVIGATE CLIENTS THROUGH EVERY STEP OF THE PROCESS, FROM IDEATION TO SUCCESSFUL EXECUTION. WHILE WE DO NOT DISCRIMINATE IN PROVIDING SERVICES TO ANYONE SEEKING OUR GUIDANCE AND SUPPORT, WE TARGET THE UNDERSERVED COMMUNITIES AND INDIVIDUALS WHO MAY HAVE HISTORICALLY FACED BARRIERS STARTING A BUSINESS
Describe the Organization's Program Activity:
Part 3
THE RED WORLDWIDE TEAM USES LIFENAV, WELLNAV AND BIZNAV ITS SUPERBLY DESIGNED LIFE AND BUSINESS ENHANCEMENT COMPONENTS. OUR LIFE, BUSINESS, AND WELLNESS NAVIGATION PROGRAMS ARE THE REPLACEMENT PARADIGMS FOR MODALITIES THAT APPROACH LIFE, WELLNESS, AND BUSINESS COACHING COACHING FROM THE PERSPECTIVE THAT THE PARTICIPANTS ARE SICK OR BROKEN NEEDING TO BE FIXED, CURED OR MANAGED AS OPPOSED TO GUIDED. OUR COACHING PLATFORM IS A CLEAR AND CONCISE NAVIGATIONAL SYSTEM AND CONTINUOUS PERSONAL, SPIRITUAL AND PROFESSIONAL DEVELOPMENT MODEL TO GUIDE INDIVIDUALS TO THEIR CLEAREST PATH OF PURPOSE TO LIVE THEIR LIVES IN THE FULLEST MEASURE.
RED'S VIRTUALOSITY PROGRAM WAS DESIGNED TO HELP SMALL BUSINESSES AND CONTRACTORS TRANSITION AND MAINTAIN THEIR NEW VIRTUAL LANDSCAPES SUCCESSFULLY AS WELL AS TO BRING BUSINESSES BACK INTO THE OFFICE POST-PANDEMIC.
ONLINE COURSES FOR CONTRACTOR LICENSING, EXAM PREP, CERTIFICATION & CONTINUING EDUCATION | SELF-PACED ONLINE TRAINING TO OBTAIN OR RENEW A LICENSE OR CERTIFICATION. COURSES ARE WRITTEN AND DEVELOPED BY WELL-CREDENTIALED SUBJECT MATTER EXPERTS AND INSTRUCTIONAL DESIGNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Rose Jr Director | 20 | $0 | |
Patience Rose Officer | 40 | $0 | |
At Holt Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,000 |
| Total Program Service Revenue | $128,806 |
| Membership dues | $6,800 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $188,606 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $14,331 |
| Occupancy, rent, utilities, and maintenance | $51,493 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $122,113 |
| Total expenses | $187,937 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $669 |
| Other assets | $0 |
| Total assets | $669 |
| Total liabilities | $24,838 |
| Net assets or fund balances | -$24,169 |