Worldscale Assoc Nyc Inc
Worldscale Assoc Nyc Inc consistently operates at a deficit, drawing down assets over the last decade.
EIN: 132726793 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $1.8M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1.7 |
| Net Assets | $2.1M |
| Transparency Score | 65/100 |
Is Worldscale Assoc Nyc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Worldscale Assoc Nyc Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Worldscale Assoc Nyc Inc
Worldscale Assoc Nyc Inc (EIN: 132726793) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.9M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Worldscale Assoc Nyc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Worldscale Assoc Nyc Inc is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-395,679 |
| Total Assets | $3.9M |
| Total Liabilities | $1.8M |
| Net Assets | $2.1M |
| Operating Margin | -27.7% |
| Debt-to-Asset Ratio | 45.2% |
| Months of Reserves | 25.5 months |
Financial Health Grade: B
In 2023, Worldscale Assoc Nyc Inc reported a deficit of $396K with expenses exceeding revenue, holds 25.5 months of operating reserves (strong position), has a debt-to-asset ratio of 45.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Worldscale Assoc Nyc Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | +6.8% | -5.4% |
| 2022 | -15.1% | -4.2% | +0.9% |
| 2021 | -0.7% | -1.4% | -12.3% |
| 2020 | +13.3% | -5.3% | -5.2% |
| 2019 | +8.2% | +6.1% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Worldscale Assoc Nyc Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Worldscale Assoc Nyc Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $396K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with annual expenses exceeding $1.7 million. This either indicates that no officers receive compensation, or that compensation is structured in a way that is not reported in this specific section of the 990, warranting further investigation into the full compensation schedule.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Worldscale Assoc Nyc Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) over multiple years, leading to asset depletion.
- Significant decline in total assets from $6.2M in 2014 to $3.8M in 2023.
- Unusually low (0%) reported officer compensation for an organization with over $1.7M in annual expenses, which may indicate a lack of transparency or an unusual compensation structure.
Strengths
The following positive indicators were identified for Worldscale Assoc Nyc Inc:
- Maintains substantial assets ($3.8M in 2023) providing a buffer despite deficit spending.
- Consistent filing history, indicating compliance with IRS reporting requirements.
Frequently Asked Questions about Worldscale Assoc Nyc Inc
Is Worldscale Assoc Nyc Inc a legitimate charity?
Worldscale Assoc Nyc Inc (EIN: 132726793) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Worldscale Assoc Nyc Inc spend its money?
Worldscale Assoc Nyc Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Worldscale Assoc Nyc Inc tax-deductible?
Worldscale Assoc Nyc Inc is registered as a tax-exempt nonprofit (EIN: 132726793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Worldscale Assoc Nyc Inc CEO make?
Worldscale Assoc Nyc Inc's highest-compensated officer earns $1.7 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Worldscale Assoc Nyc Inc's spending goes to programs?
Worldscale Assoc Nyc Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Worldscale Assoc Nyc Inc located?
Worldscale Assoc Nyc Inc is headquartered in New York, New York and files with the IRS under EIN 132726793.
How many years of IRS 990 filings does Worldscale Assoc Nyc Inc have?
Worldscale Assoc Nyc Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
Why has Worldscale Assoc Nyc Inc consistently spent more than its revenue for the past decade?
The filings show a consistent trend of expenses exceeding revenue, for example, in 2023, revenue was $1,427,126 while expenses were $1,822,805. This indicates the organization is drawing down its assets to cover operational costs.
What is the long-term plan for financial sustainability given the declining asset base?
With assets decreasing from $6,212,640 in 2014 to $3,878,449 in 2023, the organization's current spending model is not sustainable without a plan to increase revenue or decrease expenses.
How is it possible that officer compensation is consistently reported as 0%?
This is an unusual finding for an organization of this size and expense level. It suggests either a volunteer leadership structure, or that compensation is reported under different categories not captured in the 'Officer Comp' summary, requiring a deeper dive into the full 990 form.
Filing History
IRS 990 filing history for Worldscale Assoc Nyc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Worldscale Assoc Nyc Inc's revenue has grown by 6.7%, moving from $1.3M to $1.4M. Total assets decreased by 25.8% over the same period, from $5.2M to $3.9M. Total functional expenses rose by 83.9%, from $991K to $1.8M. In its most recent filing year (2023), Worldscale Assoc Nyc Inc reported a deficit of $396K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $3.9M in assets (debt-to-asset ratio: 45.2%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.8M | $3.9M | $1.8M | — | View 990 |
| 2022 | $1.3M | $1.7M | $4.1M | $1.8M | — | View 990 |
| 2021 | $1.5M | $1.8M | $4.1M | $1.0M | — | — |
| 2020 | $1.5M | $1.8M | $4.6M | $1.2M | — | — |
| 2019 | $1.3M | $1.9M | $4.9M | $1.3M | — | View 990 |
| 2018 | $1.2M | $1.8M | $5.1M | $1.4M | — | View 990 |
| 2017 | $1.6M | $1.8M | $5.6M | $1.2M | — | View 990 |
| 2016 | $1.4M | $1.8M | $5.8M | $1.2M | — | View 990 |
| 2015 | $1.4M | $1.3M | $6.0M | $1.2M | — | View 990 |
| 2014 | $1.3M | $1.2M | $6.2M | $1.4M | — | View 990 |
| 2013 | $1.4M | $1.1M | $5.9M | $1.2M | — | View 990 |
| 2012 | $1.3M | $1.0M | $5.6M | $1.1M | — | View 990 |
| 2011 | $1.3M | $991K | $5.2M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.8M, and assets of $3.9M (revenue +11.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.7M, and assets of $4.1M (revenue -15.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.8M, and assets of $4.1M (revenue -0.7% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.8M, and assets of $4.6M (revenue +13.3% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.9M, and assets of $4.9M (revenue +8.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.8M, and assets of $5.1M (revenue -24.3% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.8M, and assets of $5.6M (revenue +15.9% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.8M, and assets of $5.8M (revenue -2.0% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $6.0M (revenue +7.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $6.2M (revenue -3.2% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.1M, and assets of $5.9M (revenue +8.3% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.0M, and assets of $5.6M (revenue -3.8% year-over-year).
- 2011: Revenue of $1.3M, expenses of $991K, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Worldscale Assoc Nyc Inc:
Data Sources and Methodology
This transparency report for Worldscale Assoc Nyc Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.