Quick charity verification for Women With Wings Inc (EIN: 202349564)
Verdict: Women With Wings Inc appears trustworthy
88/100Mission Score
$281KRevenue
$446KAssets
1Red Flags
5Strengths
Red Flags
Significant increase in liabilities from $5,200 in 2022 to $85,869 in 2023 without further explanation.
Strengths
Consistent revenue growth over the past decade, from $67,291 in 2014 to $219,731 in 2023.
Strong asset growth, increasing from $75,900 in 2014 to $431,379 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and potentially volunteer leadership.
Positive net income in most years, contributing to asset accumulation.
Low administrative overhead due to no reported officer compensation.
Spending Breakdown
How Women With Wings Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Women With Wings Inc
Is Women With Wings Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Women With Wings Inc (EIN: 202349564) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Women With Wings Inc a good charity to donate to?
Women With Wings Inc has a Mission Score of 88/100. Revenue: $281K. Assets: $446K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Women With Wings Inc?
The Employer Identification Number (EIN) for Women With Wings Inc is 202349564. 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 Women With Wings Inc spend its money?
Women With Wings Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Women With Wings Inc's tax-exempt status?
You can verify Women With Wings Inc's tax-exempt status using EIN 202349564 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
Women With Wings Inc demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating a stable financial trajectory. In the latest filing (202312), the organization reported revenues of $219,731 against expenses of $140,844, resulting in a surplus that contributes to asset growth. The organization's assets have grown significantly from $76,442 in 2015 to $431,379 in 2023, suggesting effective financial management and accumulation of resources. The absence of officer compensation reported across all filings indicates a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence regarding administrative efficiency.
However, a notable increase in liabilities from $5,200 in 2022 to $85,869 in 2023 warrants closer examination. While the overall financial health appears robust with growing assets, understanding the nature of this significant liability increase is crucial for a complete financial picture. The organization's program spending efficiency, while not explicitly detailed in the provided data, can be inferred from the overall expense ratios. With no officer compensation, a higher proportion of expenses is likely directed towards program delivery and essential administrative functions.
Overall, Women With Wings Inc appears to be a financially healthy organization with a strong growth trend and a commitment to minimizing executive overhead. The primary area for further inquiry relates to the recent surge in liabilities to ensure it aligns with strategic investments rather than operational challenges. The consistent growth in revenue and assets, coupled with zero reported officer compensation, points to a well-managed and program-focused entity.