Nonprofit · EIN 85-0606877
WORLD BRIDGE FOUNDATION
Tax-exempt · RUTHERFORDTON, NC 28139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $79,010 | $85,711 | -$6,701 | $24,705 | – | $24,705 |
| December 31, 2023 | 990-EZ | $138,700 | $108,182 | $30,518 | $31,405 | – | $31,405 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $69,991
- Program service revenue
- $9,937
- Investment income
- $0
- Net income from sales of inventory
- -$918
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $5,614
- Occupancy
- $11,031
- Other expenses
- $69,066
- Program services (functional)
- $31,144
Balance sheet and other
- Total assets, start of year
- $31,406
- Total assets, end of year
- $24,705
- Total liabilities, end of year
- –
- Net assets, end of year
- $24,705
- Cash, savings and investments
- $21,362
- Gross receipts
- $80,710
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Benjamin Gilmer | Treasurer | 1 | $0 |
| Phil Krum | Board Chair | 0.5 | $0 |
| Kirsten Lyerly | Secretary | 0.5 | $0 |
| Herbert Kinobe | Executive Director | 40 | $0 |
| Stella Kinobe | Head of Finance and Operations | 40 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Benjamin Gilmer | Treasurer | 1 | $0 |
| Phil Krum | Board Chair | 0.5 | $0 |
| Kirsten Lyerly | Secretary | 0.5 | $0 |
| Herbert Kinobe | Executive Director | 40 | $0 |
| Stella Kinobe | Finance and Operations Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2154, RUTHERFORDTON, NC 28139-4354
- In care of
- % STELLA KINOBE
- Mailing address (990-N for 2022)
- PO Box 2154, Rutherfordton NC 28139
- Principal officer (990-N for 2022)
- Herbert Kinobe, 138 Bent Tree Dr, Rutherfordton NC 28139
- Signed the 990-EZ
- Herbert Kinobe, Executive Director
Mission
World Bridges mission is to bring people together and transform lives through cross-cultural arts and education to foster resilience and self-sufficiency.
Program accomplishments
- Program 1: Child Sponsorship in Education The "Child Sponsorship in Education" program enabled the World Bridge Foundation to pay tuition and general welfare needs for children in Uganda. This initiative allowed these children to access quality health care basic needs and education significantly improving their academic prospects and future opportunities. The programs support extends beyond financial assistance as it also helps to create a stable and supportive learning environment for the sponsored children.Expenses $22,800 · grants $10,000
- Program 2: Enrichments - Community Engagement Concerts The "Family Concerts" program connected artists with audiences meaningfully reaching over 12,000 people. These concerts went beyond mere performances offering interactive workshops and conversations that fostered strong bonds and lasting connections between the artists and the community. The program successfully engaged families promoting cultural understanding and unity through shared artistic experiences.Expenses $5,125
- Program 3: Arts Education: Through the "Arts in the Schools" program the World Bridge Foundation successfully brought teaching artists into schools across the country. This initiative reached and positively impacted over 10,000 children providing them with hands-on experiences in various art forms. From hands-on workshops to stage performances with students the program fostered creativity and self-expression among students and enhanced their understanding and appreciation of diverse cultural perspectives.Expenses $3,219
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-0606877
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $24,705
- Income (IRS master file)
- $80,710
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $79,010 | $85,711 | $24,705 | XML |
| 990-EZ | December 2023 | $138,700 | $108,182 | $31,405 | XML |
| 990-N for 2022 Officer: Herbert Kinobe | December 31, 2022 | ≤ $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 85-0606877).
Questions about WORLD BRIDGE FOUNDATION
- What is the EIN of WORLD BRIDGE FOUNDATION?
- The employer identification number (EIN) of WORLD BRIDGE FOUNDATION is 85-0606877.
- Is WORLD BRIDGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to WORLD BRIDGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WORLD BRIDGE FOUNDATION 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 BRIDGE FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WORLD BRIDGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of WORLD BRIDGE FOUNDATION?
- The 990-N for 2022 names Herbert Kinobe.
- Who are the officers and directors of WORLD BRIDGE FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does WORLD BRIDGE FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $79,010, expenses of $85,711 and total assets of $24,705 at year end.
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