Positive revenue growth trend in recent years, from $177,693 in 202012 to $395,327 in 202312.
Spending Breakdown
How Womens Industry Network Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Womens Industry Network Inc
Is Womens Industry Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Womens Industry Network Inc (EIN: 205927456) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Womens Industry Network Inc a good charity to donate to?
Womens Industry Network Inc has a Mission Score of 85/100. Revenue: $454K. Assets: $361K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Womens Industry Network Inc?
The Employer Identification Number (EIN) for Womens Industry Network Inc is 205927456. 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 Womens Industry Network Inc spend its money?
Womens Industry Network Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Womens Industry Network Inc's tax-exempt status?
You can verify Womens Industry Network Inc's tax-exempt status using EIN 205927456 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
Womens Industry Network Inc demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. In the most recent filing (202312), the organization reported revenues of $395,327 against expenses of $403,222, indicating a slight operational deficit for the year. This trend of expenses sometimes exceeding revenue is observed in several periods, such as 202212 ($291,638 revenue vs. $297,580 expenses) and 202012 ($177,693 revenue vs. $237,285 expenses).
The organization maintains a healthy asset base, with assets consistently above $360,000 and reaching $486,151 in 202312. Liabilities have fluctuated but remain manageable relative to assets, with $69,871 in liabilities reported for 202312. A significant strength in transparency is the consistent reporting of 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence regarding executive pay.
While specific program spending details are not provided in the summary data, the overall financial picture suggests a stable, albeit sometimes deficit-operating, organization. The lack of officer compensation is a strong point for transparency and efficiency. Further analysis would require detailed expense breakdowns from the full 990 forms to assess program efficiency more precisely.