Nonprofit · EIN 94-3058028
WORLD BUSINESS ACADEMY
Tax-exempt · SANTA BARBARA, CA 93101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $639,015 | $688,131 | -$49,116 | $8,092,935 | $1,875,042 | $6,217,893 |
| December 31, 2024 | 990 | $826,660 | $870,567 | -$43,907 | $8,133,058 | $1,866,638 | $6,266,420 |
| December 31, 2023 | 990 | $265,797 | $611,676 | -$345,879 | $8,092,190 | $1,781,863 | $6,310,327 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $571,428
- Membership dues
- $49,837
- Program service revenue
- $24,000
- Investment income
- $1,568
- Other revenue
- $42,019
Expenses
- Grants and similar amounts paid
- $123,986
- Compensation of officers, directors and key employees
- $15,251
- Other salaries and wages
- $131,875
- Salaries, compensation and benefits (total)
- $166,785
- Professional fundraising fees
- $0
- Legal fees
- $12,238
- Accounting fees
- $42,903
- Occupancy
- $42,811
- Travel
- $8,758
- Depreciation
- $54
- Program services (functional)
- $490,923
- Management and general (functional)
- $139,917
- Fundraising (functional)
- $57,291
Balance sheet and other
- Total assets, start of year
- $8,133,058
- Total assets, end of year
- $8,092,935
- Total liabilities, end of year
- $1,875,042
- Net assets, end of year
- $6,217,893
- Land, buildings and equipment
- $6,435,139
- Net assets without donor restrictions
- $6,217,893
- Gross receipts
- $639,015
- Employees
- 2
- Volunteers
- 8
- Year formed
- 1986
- State of legal domicile
- CA
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 |
|---|---|---|---|
| JERRY LUCERA | CFO Officer | 13 | $15,250 |
| DIANE CIRCINCIONE | CHAIR Trustee or director, Officer | 1 | $0 |
| RINALDO S BRUTOCO | CEO Trustee or director, Officer | 20 | $0 |
| LALLA D BRUTOCO | DIRECTOR Trustee or director | 2 | $0 |
| MERRYL ZEGAR | DIRECTOR Trustee or director | 1 | $0 |
| BILL MOSES | DIRECTOR Trustee or director | 1 | $0 |
| BLAINE BARTLETT | DIRECTOR Trustee or director | 1 | $0 |
| JERRY BROWN | DIRECTOR Trustee or director | 1 | $0 |
| VAISHALI CHADHA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT SHELTON | VICE PRESIDENT Trustee or director, Officer | 5 | $169,231 |
| RINALDO S BRUTOCO | CEO Trustee or director, Officer | 20 | $0 |
| DIANE CIRINCIONE | CHAIR Trustee or director, Officer | 1 | $0 |
| BLAINE BARNETT | DIRECTOR Trustee or director | 1 | $0 |
| BILL MOSES | DIRECTOR Trustee or director | 1 | $0 |
| JERRY B BROWN | DIRECTOR Trustee or director | 5 | $0 |
| MERRYL ZEGAR | DIRECTOR Trustee or director | 1 | $0 |
| LALLA D BRUTOCO | DIRECTOR Trustee or director | 5 | $0 |
| NEHA SANGWAN | DIRECTOR Trustee or director | 1 | $0 |
| JERRY LUCERA | CFO Trustee or director, Officer | 3 | $0 |
| VIVIANA GONZALEZ | SECRETARY Trustee or director, Officer | 5 | $0 |
| PAUL WELLMAN | ASST. SECRETARY Trustee or director, Officer | 30 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAWA TARCHIN PHILLIPS | DIRECTOR Trustee or director | 1 | $0 |
| RINALDO S BRUTOCO | CEO Trustee or director, Officer | 20 | $0 |
| DIANE CIRINCIONE | DIRECTOR Trustee or director | 1 | $0 |
| BLAINE BARNETT | DIRECTOR Trustee or director | 1 | $0 |
| BILL MOSES | DIRECTOR Trustee or director | 1 | $0 |
| MARIE CASE | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| JERRY B BROWN | DIRECTOR Trustee or director | 1 | $0 |
| MIKE HARMON | DIRECTOR Trustee or director | 1 | $0 |
| MERRYL ZEGAR | DIRECTOR Trustee or director | 1 | $0 |
| LALLA D BRUTOCO | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 ANACAPA ST STE 200, SANTA BARBARA, CA 93101-2083
- Mailing address (990-N for 2010)
- 308 E CARRILLO STREET, SANTA BARBARA CA 93101
- Principal officer (990 for 2025)
- RINALDO S BRUTOCO, 1101 ANACAPA STREET 200, SANTA BARBARA, CA 93101
- Principal officer (990-N for 2010)
- RINALDO BRUTOCO, 308 E CARRILLO STREET, SANTA BARBARA CA 93101
- Signed the 990
- RINALDO S BRUTOCO, CEO
- Phone
- (805) 892-4600
- Website
- WORLDBUSINESS.ORG
- Return prepared by
- KSP CONSULTING
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3058028 or by the name WORLD BUSINESS ACADEMY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO CHANGE BUSINESS LEADERS CONSCIOUSNESS FROM SELF SERVICE TO SERVANT LEADERSHIP. TO CHANGE THE CONSCIOUSNESS OF YOUNG PEOPLE ENTERING BUSINESS, PARTICULARLY TO SEE THEMSELVES AS ENTERING A NOBLE PROFESSION, NOT A JUNGLE. TO CHANGE THE CONSCIOUSNESS OF THE PUBLIC AT LARGE.
Program accomplishments
- ENVIRONMENTAL SUSTAINABILITY CONSULTATION AND EDUCATION.Expenses $490,923 · grants $123,986 · revenue $24,000
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
- 94-3058028
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B51Z)
- Assets (IRS master file)
- $8,092,935
- Income (IRS master file)
- $639,015
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $639,015 | $688,131 | $8,092,935 | XML |
| 990 | December 2024 | $826,660 | $870,567 | $8,133,058 | XML |
| 990 | December 2023 | $265,797 | $611,676 | $8,092,190 | XML |
| 990 | December 2022 | $1,910,669 | $755,589 | $8,862,315 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2010 Officer: RINALDO BRUTOCO | December 31, 2010 | ≤ $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 94-3058028).
Questions about WORLD BUSINESS ACADEMY
- What is the EIN of WORLD BUSINESS ACADEMY?
- The employer identification number (EIN) of WORLD BUSINESS ACADEMY is 94-3058028.
- Is WORLD BUSINESS ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to WORLD BUSINESS ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WORLD BUSINESS 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 BUSINESS 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 BUSINESS 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 BUSINESS ACADEMY?
- The 990 for the year ended December 31, 2025 names RINALDO S BRUTOCO.
- Who are the officers and directors of WORLD BUSINESS ACADEMY?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $15,250 (JERRY LUCERA, CFO).
- How much revenue does WORLD BUSINESS ACADEMY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $639,015, expenses of $688,131 and total assets of $8,092,935 at year end.
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