Nonprofit · EIN 99-3916548
WELCOME WORLD FOUNDATION INC
Tax-exempt · NEWARK, NJ 07102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $0 | $1,301,251 | -$1,301,251 | $1,374,922 | $2,676,173 | -$1,301,251 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,173
- Management and general (functional)
- $1,301,251
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $1,374,922
- Total liabilities, end of year
- $2,676,173
- Net assets, end of year
- -$1,301,251
- Net assets without donor restrictions
- -$1,301,251
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2024
- State of legal domicile
- NJ
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WESLEY MATHEWS | PRESIDENT Trustee or director, Officer | 5 | $0 |
| NATALIE KOEPFF | TREASURER Trustee or director, Officer | 5 | $0 |
| ZAKIYA SMITH-ELLIS | SECRETARY Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 11-43 RAYMOND PLAZA WEST 1420, NEWARK, NJ 07102-4200
- Principal officer (990 for 2024)
- ALEX LASRY, 11-43 RAYMOND PLAZA WEST 1420, NEWARK, NJ 07102
- Signed the 990
- ALEX LASRY, CEO
- Phone
- (917) 856-5284
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
WELCOME WORLD FOUNDATION WAS FORMED IN THE SUMMER OF 2024 WITH THE INTENTION TO SUPPORT THE CITY OF NEW YORK, AND THE STATE OF NEW JERSEY'S JOINT HOSTING OF EIGHT FIFA WORLD CUP 2026 SOCCER MATCHES IN THE REGION, INCLUDING THE FINAL. THE FOUNDATION WILL COORDINATE WITH ITS AFFILIATE ORGANIZATION, THE NEW YORK NEW JERSEY 2026 WORLD CUP HOST COMMITTEE, INC., A NONPROFIT 501(C)(6), TO WELCOME THE GLOBAL COMMUNITY TO OUR REGION TO WITNESS THE "BEAUTIFUL GAME" AT ITS HIGHEST LEVEL.
Program accomplishments
- DURING THE ENTIRETY OF 2024, WELCOME WORLD FOUNDATION'S SOLE FOCUS WAS FUNDRAISING IN SUPPORT OF THE REGION'S EVENTUAL HOSTING OF THE 2026 FIFA WORLD CUP SOCCER TOURNAMENT.0
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-3916548
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N12)
- Assets (IRS master file)
- $1,374,922
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $0 | $1,301,251 | $1,374,922 | IRS |
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 99-3916548).
Questions about WELCOME WORLD FOUNDATION INC
- What is the EIN of WELCOME WORLD FOUNDATION INC?
- The employer identification number (EIN) of WELCOME WORLD FOUNDATION INC is 99-3916548.
- Is WELCOME WORLD FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Which annual return does WELCOME WORLD FOUNDATION INC 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 WELCOME WORLD FOUNDATION INC 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 WELCOME WORLD FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WELCOME WORLD FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ALEX LASRY.
- Who are the officers and directors of WELCOME WORLD FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does WELCOME WORLD FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $0, expenses of $1,301,251 and total assets of $1,374,922 at year end.
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