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World Impact Foundation

  • Malibu, CA
  • Tax-exempt since March 2013
  • EIN: 45-3265116

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$138k (2023)

Expenses
$194k (2023)

Total Assets
$2.72M (2023)

Total Liabilities
$1.44k (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$137,576
Expenses
$193,533
Net Income
-$55,957
Net Assets
$2,722,679
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $211
0.2%
Dividends $88,756
64.5%
Sales of Assets $1,087
0.8%
Other Income $47,522
34.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $130,793
67.6%
Compensation of Officers* $53,167
27.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,724,116
Total Liabilities $1,437
Net Assets $2,722,679
Compensation
Key Employees and Officers Compensation Other
Sara Ashby (Ceo) $53,167 $0
Jaffar H Agha (Secretary) $0 $0
Adnan Merchant (Cfo) $0 $0

Document Links

990-PF
Filed on Nov. 11, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$60,092
Expenses
$287,103
Net Income
-$347,195
Net Assets
$2,814,755
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $71
Dividends $95,499
Sales of Assets -$211,344
Other Income $55,682
Notable Expenses Percent of Total Expenses
Charitable Disbursements $180,346
62.8%
Compensation of Officers* $58,000
20.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,816,264
Total Liabilities $1,509
Net Assets $2,814,755
Compensation
Key Employees and Officers Compensation Other
Sara Ashby (Ceo) $58,000 $0
Jaffar H Agha (Secretary) $0 $0
Adnan Merchant (Cfo) $0 $0

Document Links

990-PF
Filed on Nov. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$207,294
Expenses
$237,561
Net Income
-$30,267
Net Assets
$3,319,250
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $91
0.0%
Dividends $84,735
40.9%
Sales of Assets $30,562
14.7%
Other Income $91,906
44.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $149,998
63.1%
Compensation of Officers* $58,000
24.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,320,792
Total Liabilities $1,542
Net Assets $3,319,250
Compensation
Key Employees and Officers Compensation Other
Sara Ashby (Ceo) $58,000 $0
Jaffar H Agha (Secretary) $0 $0
Adnan Merchant (Cfo) $0 $0

Document Links

990-PF
Filed on Nov. 9, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$284,820
Expenses
$313,418
Net Income
-$28,598
Net Assets
$3,142,226
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $64
0.0%
Dividends $86,389
30.3%
Sales of Assets $138,448
48.6%
Other Income $59,919
21.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $231,620
73.9%
Compensation of Officers* $58,000
18.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,143,768
Total Liabilities $1,542
Net Assets $3,142,226
Compensation
Key Employees and Officers Compensation Other
Sara Ashby (Ceo) $58,000 $0
Jaffar H Agha (Secretary) $0 $0
Adnan Merchant (Cfo) $0 $0

Document Links

990-PF
Filed on Oct. 8, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$251,536
Expenses
$196,588
Net Income
$54,948
Net Assets
$3,084,943
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $58,191
23.1%
Dividends $47,417
18.9%
Sales of Assets $145,633
57.9%
Other Income $235
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $101,696
51.7%
Compensation of Officers* $58,000
29.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,102,890
Total Liabilities $17,947
Net Assets $3,084,943
Compensation
Key Employees and Officers Compensation Other
Sara Ashby (Ceo) $58,000 $0
Jaffar H Agha (Secretary) $0 $0
Adnan Merchant (Cfo) $0 $0

Document Links

990-PF
Filed on Nov. 4, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$70,299
Expenses
$154,003
Net Income
-$83,704
Net Assets
$3,489,093
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $940
1.3%
Interest Revenue $2,930
4.2%
Dividends $38,509
54.8%
Sales of Assets $27,759
39.5%
Other Income $161
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $136,736
88.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,497,263
Total Liabilities $8,170
Net Assets $3,489,093

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$26,424
Expenses
$146,992
Net Income
-$120,568
Net Assets
$3,572,797
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,967
33.9%
Dividends $25,956
98.2%
Sales of Assets $0
Other Income $331
1.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $136,884
93.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,572,797
Total Liabilities $0
Net Assets $3,572,797

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$18,794
Expenses
$53,494
Net Income
-$34,700
Net Assets
$3,693,365
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $18,794
100%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $53,363
99.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,693,365
Total Liabilities $0
Net Assets $3,693,365
Compensation
Key Employees and Officers Compensation Other
Hassnain Agha (Vice President) $0 $0
Sara Agha (President) $0 $0
Jaffar H Agha (Cfo) $0 $0
Adnan Merchant (Secretary) $0 $0
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Document Links

990-PF
Filed on May 7, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,118
Expenses
$276,053
Net Income
-$271,935
Net Assets
$3,728,065
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $4,118
100%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $276,053
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,728,065
Total Liabilities $0
Net Assets $3,728,065

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,000,000
Expenses
$0
Net Income
$4,000,000
Net Assets
$4,000,000
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,000,000
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,000,000
Total Liabilities $0
Net Assets $4,000,000

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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