Nonprofit · EIN 84-2118009
WORLD BUILDERS ACADEMY
Tax-exempt · KANSAS CITY, MO 64152
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $640,099 | $604,246 | $35,853 | $146,509 | $2,976 | $143,533 |
| December 31, 2024 | 990 | $548,958 | $511,745 | $37,213 | $109,682 | $2,002 | $107,680 |
| December 31, 2023 | 990 (amended) | $650,106 | $600,663 | $49,443 | $0 | $0 | $0 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $61,290
- of which government grants
- $56,750
- Program service revenue
- $578,600
- Investment income
- $209
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $152,689
- Other salaries and wages
- $190,131
- Salaries, compensation and benefits (total)
- $376,068
- Professional fundraising fees
- $0
- Legal fees
- $9,488
- Occupancy
- $78,455
- Travel
- $360
- Program services (functional)
- $604,246
Balance sheet and other
- Total assets, start of year
- $109,682
- Total assets, end of year
- $146,509
- Total liabilities, end of year
- $2,976
- Net assets, end of year
- $143,533
- Land, buildings and equipment
- $10,041
- Gross receipts
- $640,099
- Employees
- 12
- Volunteers
- 2
- Year formed
- 2019
- State of legal domicile
- MO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PANELA LEUNG | PRESIDENT Trustee or director, Officer | 40 | $53,000 |
| TIMOTHY FORSYTHE | VICE PRESIDE Trustee or director, Officer | 40 | $53,000 |
| TZE KAM LEUNG | TREASURER Officer | 40 | $37,314 |
| YANZHI WU | SECRETARY Trustee or director, Officer | 0.5 | $9,375 |
| KELLI KRONK | DIRECTOR Trustee or director | 0.5 | $0 |
| ERIC FOSTER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PANELA LEUNG | PRESIDENT Trustee or director, Officer | 40 | $50,000 |
| TIMOTHY FORSYTHE | VICE PRESIDE Trustee or director, Officer | 40 | $50,000 |
| TZE KAM LEUNG | TREASURER Officer | 40 | $28,700 |
| YANZHI WU | SECRETARY Trustee or director, Officer | 0.5 | $12,500 |
| KELLI KRONK | DIRECTOR Trustee or director | 0.5 | $0 |
| ERIC FOSTER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Panela Leung | President Officer | 40 | $14,583 |
| Timothy | Vice President Officer | 40 | $14,583 |
| Tze Kam Leung | Treasurer Officer | 40 | $14,583 |
| Yanzi Wu | Secretary Officer | 40 | $14,583 |
Address and contacts
- Address (IRS master file)
- 7004 N STATE ROUTE 9, KANSAS CITY, MO 64152-2928
- Principal officer (990 for 2025)
- PANELA LEUNG, 7500 NW 80TH TERR, KANSAS CITY, MO 64152
- Signed the 990
- PANELA LEUNG, PRESIDENT
- Phone
- (816) 718-0063
- 990-N for 2020 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Panela Leung, 7500 NW 80th Terrace, Kansas City MO 64152. Mailing address: 1420 NW 9 Hwy, Kansas City MO 64152. Website: www.worldbuildersacademy.com
- Return prepared by
- LSCV CPAS PC
Mission
EDUCATIONAL SUPPORT
Program accomplishments
- EDUCATIONAL SUPPORT THROUGH GRANTS TO THE STATE OF MISSOURIExpenses $604,246
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2118009
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $146,509
- Income (IRS master file)
- $640,099
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $640,099 | $604,246 | $146,509 | IRS |
| 990 | December 2024 | $548,958 | $511,745 | $109,682 | IRS |
| 990 | December 2023 | $650,106 | $600,663 | $0 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Panela Leung Filed under this EIN, most likely by a chapter or affiliate | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Panela Leung Filed under this EIN, most likely by a chapter or affiliate | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2118009).
Questions about WORLD BUILDERS ACADEMY
- What is the EIN of WORLD BUILDERS ACADEMY?
- The employer identification number (EIN) of WORLD BUILDERS ACADEMY is 84-2118009.
- Is WORLD BUILDERS ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to WORLD BUILDERS ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WORLD BUILDERS ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WORLD BUILDERS ACADEMY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WORLD BUILDERS ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of WORLD BUILDERS ACADEMY?
- The 990 for the year ended December 31, 2025 names PANELA LEUNG.
- Who are the officers and directors of WORLD BUILDERS ACADEMY?
- The 990 for the year ended December 31, 2025 lists 6 people; 4 received compensation from the organization, the highest $53,000 (PANELA LEUNG, PRESIDENT).
- How much revenue does WORLD BUILDERS ACADEMY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $640,099, expenses of $604,246 and total assets of $146,509 at year end.
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