Worldclass Foundation
Nonprofit profile at a glance
- EIN
- 331320294
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Raleigh, NC, USA
- Phone
- 9193452895
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Cancer
Reported finances
- Revenue
- $152,960
- Expenses
- $95,723
- Assets
- $74,087
- Liabilities
- $16,850
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- BROOKS BELL (CEO)
People named in this filing
- BROOKS BELL (CEO)
- SARAH BERAN (SECRETARY)
- ANNE ENGLISH (MEMBER - FINANCE CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At worldclass, we're dedicated to making colorectal cancer prevention approachable, fun and easy to understand. We want to inspire, empower and catalyze as many colonoscopies as possible. We're a unique type of nonprofit that uses fashion to champion a life-or-death cause - encouraging and funding life-saving colonoscopies. The facts behind the current state of colorectal cancer awareness and prevention are serious and alarming, and people need to be aware of them and empowered to do something to protect themselves.the risk of colon cancer for the average american is not widely known or advertised. Worldclass wants to start informed conversations about colorectal cancer, including making sure people know the data about the scale of the disease, the rising prevalence in young people and the powerful prevention that colonoscopies can make possible. In addition, worldclass wants to improve access to affordable colonoscopies for people who are under or uninsured.
What it reported doing in 2024
- colonoscopy access and navigation: we donated $10,000 to unc for navigation to colonoscopies- colorectal cancer awareness: we fulfilled 900 orders of product that increases awareness of colonoscopy as cancer prevention- we attended several industry conferences such as ddw, medtech, scrubs & heels to generate awareness with gi doctors and industry representatives- we gained over 1000 followers on instagram- we were featured on several top tier media platforms to tell our cancer stories and generate awareness that colonoscopies prevent colorectal cancer.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 87
- Accountability: 82
- Sustainability: 61
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.2%; rating input score 49
- Program expense ratio: 75.7%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 88.9%; rating input score 89; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 37.4%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 49.2% of revenue deployed · 75.7% of spending went to programs
- Governance: 3 of 3 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $73K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 18/100.