No reported officer compensation, suggesting high efficiency in leadership costs
Expenses consistently below revenue in recent years (e.g., 2023: $1,239,316 expenses vs. $1,646,439 revenue)
Spending Breakdown
How Womans Network For Single Parents Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Womans Network For Single Parents Inc
Is Womans Network For Single Parents Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Womans Network For Single Parents Inc (EIN: 205555166) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Womans Network For Single Parents Inc a good charity to donate to?
Womans Network For Single Parents Inc has a Mission Score of 85/100. Revenue: $1.8M. Assets: $502K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Womans Network For Single Parents Inc?
The Employer Identification Number (EIN) for Womans Network For Single Parents Inc is 205555166. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Womans Network For Single Parents Inc spend its money?
Womans Network For Single Parents Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Womans Network For Single Parents Inc's tax-exempt status?
You can verify Womans Network For Single Parents Inc's tax-exempt status using EIN 205555166 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Womans Network For Single Parents Inc demonstrates a strong and improving financial trajectory, with significant revenue growth from $287,704 in 2014 to $1,646,439 in 2023. The organization consistently manages its expenses below revenue in recent years, leading to a healthy accumulation of assets, which grew from $18,662 in 2015 to $419,480 in 2023. This indicates effective financial management and an ability to build reserves. The organization's commitment to transparency is evident through its consistent filing of IRS Form 990s, with no reported officer compensation across all available filings, suggesting a volunteer-led or very lean administrative structure at the top. The NTEE code R24 (Parent & Family Services) aligns with its mission, and the financial data supports its operational capacity to serve its target demographic.