The Foundation Of Accounting And Financial Womens Alliance
The Foundation Of Accounting And Financial Womens Alliance maintains steady asset growth with no reported executive compensation.
EIN: 201424537 · Lexington, KY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $52K |
| Program Spending | 85% |
| Net Assets | $191K |
| Transparency Score | 90/100 |
Is The Foundation Of Accounting And Financial Womens Alliance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Foundation Of Accounting And Financial Womens Alliance directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Foundation Of Accounting And Financial Womens Alliance
The Foundation Of Accounting And Financial Womens Alliance (EIN: 201424537) is a nonprofit organization based in Lexington, KY, classified under NTEE code B82. The organization reported total revenue of $79K and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Foundation Of Accounting And Financial Womens Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Foundation Of Accounting And Financial Womens Alliance is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $52K |
| Surplus / Deficit | $-440 |
| Total Assets | $204K |
| Total Liabilities | $13K |
| Net Assets | $191K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 47.0 months |
Financial Health Grade: B
In 2023, The Foundation Of Accounting And Financial Womens Alliance reported a deficit of $440 with expenses exceeding revenue, holds 47.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Foundation Of Accounting And Financial Womens Alliance's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.7% | +40.1% | -3.6% |
| 2022 | +10.2% | +12.8% | +23.2% |
| 2021 | +15.9% | -24.0% | +12.6% |
| 2020 | -36.3% | -41.4% | +14.9% |
| 2019 | +26.5% | +30.5% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Foundation Of Accounting And Financial Womens Alliance with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Foundation Of Accounting And Financial Womens Alliance allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $440, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Foundation Of Accounting And Financial Womens Alliance's IRS 990 filings:
- Minor deficit in the latest reporting period (202306), where expenses ($52,062) slightly exceeded revenue ($51,622).
Strengths
The following positive indicators were identified for The Foundation Of Accounting And Financial Womens Alliance:
- Consistent asset growth over the past decade, from $96,811 in 2014 to $207,957 currently.
- 0% officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Generally operates with a surplus, contributing to financial stability and asset accumulation (e.g., 202206: Revenue=$64,274, Expenses=$37,162).
Frequently Asked Questions about The Foundation Of Accounting And Financial Womens Alliance
Is The Foundation Of Accounting And Financial Womens Alliance a legitimate charity?
The Foundation Of Accounting And Financial Womens Alliance (EIN: 201424537) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $79K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does The Foundation Of Accounting And Financial Womens Alliance spend its money?
The Foundation Of Accounting And Financial Womens Alliance directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Foundation Of Accounting And Financial Womens Alliance tax-deductible?
The Foundation Of Accounting And Financial Womens Alliance is registered as a tax-exempt nonprofit (EIN: 201424537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Foundation Of Accounting And Financial Womens Alliance's spending goes to programs?
The Foundation Of Accounting And Financial Womens Alliance directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Foundation Of Accounting And Financial Womens Alliance compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Foundation Of Accounting And Financial Womens Alliance is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Foundation Of Accounting And Financial Womens Alliance located?
The Foundation Of Accounting And Financial Womens Alliance is headquartered in Lexington, Kentucky and files with the IRS under EIN 201424537. It is classified under NTEE code B82.
How many years of IRS 990 filings does The Foundation Of Accounting And Financial Womens Alliance have?
The Foundation Of Accounting And Financial Womens Alliance has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $79K in total revenue.
Is The Foundation Of Accounting And Financial Womens Alliance a good charity?
Based on the available IRS 990 data, the organization appears to be a good charity. It demonstrates strong financial health with growing assets, consistent revenue, and notably, 0% executive compensation, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved, with assets more than doubling from $96,811 in 2014 to $207,957 currently. Revenue has fluctuated but remained consistent, generally covering expenses and contributing to asset growth.
Does the organization pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that the organization's leadership serves on a volunteer basis.
Filing History
IRS 990 filing history for The Foundation Of Accounting And Financial Womens Alliance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Foundation Of Accounting And Financial Womens Alliance's revenue has declined by 4.7%, moving from $54K to $52K. Total assets increased by 184.5% over the same period, from $72K to $204K. Total functional expenses rose by 18.6%, from $44K to $52K. In its most recent filing year (2023), The Foundation Of Accounting And Financial Womens Alliance reported a deficit of $440, with expenses exceeding revenue. The organization holds $13K in liabilities against $204K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $191K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $52K | $204K | $13K | — | View 990 |
| 2022 | $64K | $37K | $212K | $21K | — | — |
| 2021 | $58K | $33K | $172K | $2K | — | — |
| 2020 | $50K | $43K | $153K | $13K | — | View 990 |
| 2019 | $79K | $74K | $133K | $596 | — | View 990 |
| 2018 | $62K | $57K | $128K | $629 | — | View 990 |
| 2017 | $75K | $67K | $122K | $836 | — | View 990 |
| 2016 | $71K | $68K | $116K | $4K | — | View 990 |
| 2015 | $80K | $61K | $113K | $2K | — | View 990 |
| 2014 | $65K | $53K | $97K | $4K | — | View 990 |
| 2013 | $61K | $54K | $83K | $2K | — | View 990 |
| 2012 | $82K | $65K | $74K | $1K | — | View 990 |
| 2011 | $54K | $44K | $72K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $52K, and assets of $204K (revenue -19.7% year-over-year).
- 2022: Revenue of $64K, expenses of $37K, and assets of $212K (revenue +10.2% year-over-year).
- 2021: Revenue of $58K, expenses of $33K, and assets of $172K (revenue +15.9% year-over-year).
- 2020: Revenue of $50K, expenses of $43K, and assets of $153K (revenue -36.3% year-over-year).
- 2019: Revenue of $79K, expenses of $74K, and assets of $133K (revenue +26.5% year-over-year).
- 2018: Revenue of $62K, expenses of $57K, and assets of $128K (revenue -16.8% year-over-year).
- 2017: Revenue of $75K, expenses of $67K, and assets of $122K (revenue +5.5% year-over-year).
- 2016: Revenue of $71K, expenses of $68K, and assets of $116K (revenue -11.2% year-over-year).
- 2015: Revenue of $80K, expenses of $61K, and assets of $113K (revenue +23.2% year-over-year).
- 2014: Revenue of $65K, expenses of $53K, and assets of $97K (revenue +6.7% year-over-year).
- 2013: Revenue of $61K, expenses of $54K, and assets of $83K (revenue -25.7% year-over-year).
- 2012: Revenue of $82K, expenses of $65K, and assets of $74K (revenue +51.4% year-over-year).
- 2011: Revenue of $54K, expenses of $44K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Foundation Of Accounting And Financial Womens Alliance:
Data Sources and Methodology
This transparency report for The Foundation Of Accounting And Financial Womens Alliance is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.