Women In Insurance And Financial Services Inc
Women In Insurance And Financial Services Inc: Strong Mission, Volatile Finances
EIN: 222948363 · Chandler, AZ · NTEE: S41 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $621K |
| Program Spending | 75% |
| Net Assets | $205K |
| Transparency Score | 85/100 |
Is Women In Insurance And Financial Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Women In Insurance And Financial Services Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Women In Insurance And Financial Services Inc
Women In Insurance And Financial Services Inc (EIN: 222948363) is a nonprofit organization based in Chandler, AZ, classified under NTEE code S41. The organization reported total revenue of $26K and total assets of $206K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Women In Insurance And Financial Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Women In Insurance And Financial Services Inc is a micro nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $605K |
| Total Expenses | $621K |
| Surplus / Deficit | $-16,016 |
| Total Assets | $302K |
| Total Liabilities | $96K |
| Net Assets | $205K |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 32.0% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Women In Insurance And Financial Services Inc reported a deficit of $16K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 32.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Women In Insurance And Financial Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.1% | -0.6% | +16.7% |
| 2022 | +27.2% | -5.5% | -49.3% |
| 2021 | +21.1% | +70.6% | +14.7% |
| 2020 | -36.2% | -37.0% | -24.2% |
| 2019 | -3.4% | -4.5% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Women In Insurance And Financial Services Inc with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Women In Insurance And Financial Services Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment impossible without further information.
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 Women In Insurance And Financial Services Inc's IRS 990 filings:
- Significant fluctuations in net assets, from $509,675 in 2021 to $205,809 in 2023, indicate financial instability.
- Revenue has shown a downward trend from $715,904 in 2017 to $26,324 in 2023, raising sustainability concerns.
- The organization reported a net loss in 2023 ($26,324 revenue vs. $604,591 expenses), continuing a trend from 2022 and 2021.
Strengths
The following positive indicators were identified for Women In Insurance And Financial Services Inc:
- Consistent filing of financial data over multiple years demonstrates a commitment to transparency.
- The organization has maintained operations despite significant revenue and asset declines, suggesting resilience.
- A clear mission focused on women in insurance and financial services provides a strong programmatic foundation.
Frequently Asked Questions about Women In Insurance And Financial Services Inc
Is Women In Insurance And Financial Services Inc a legitimate charity?
Women In Insurance And Financial Services Inc (EIN: 222948363) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $26K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Women In Insurance And Financial Services Inc spend its money?
Women In Insurance And Financial Services Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Women In Insurance And Financial Services Inc tax-deductible?
Women In Insurance And Financial Services Inc is registered as a tax-exempt nonprofit (EIN: 222948363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Women In Insurance And Financial Services Inc's spending goes to programs?
Women In Insurance And Financial Services Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Women In Insurance And Financial Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Women In Insurance And Financial Services Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Women In Insurance And Financial Services Inc located?
Women In Insurance And Financial Services Inc is headquartered in Chandler, Arizona and files with the IRS under EIN 222948363. It is classified under NTEE code S41.
How many years of IRS 990 filings does Women In Insurance And Financial Services Inc have?
Women In Insurance And Financial Services Inc 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 $26K in total revenue.
What does Women In Insurance And Financial Services Inc do?
Women In Insurance And Financial Services Inc is a nonprofit organization in the Community Improvement sector, located in Chandler, Arizona. It is classified under NTEE code S41.
How much revenue does Women In Insurance And Financial Services Inc have?
Women In Insurance And Financial Services Inc reported total revenue of $26,324. Based on 13 IRS 990 filings on record.
What are Women In Insurance And Financial Services Inc's total assets?
Women In Insurance And Financial Services Inc holds total assets of $205,809 as reported in IRS 990 filings.
Where is Women In Insurance And Financial Services Inc located?
Women In Insurance And Financial Services Inc is based in Chandler, Arizona.
What is Women In Insurance And Financial Services Inc's EIN?
Women In Insurance And Financial Services Inc's Employer Identification Number (EIN) is 222948363. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Women In Insurance And Financial Services Inc?
Women In Insurance And Financial Services Inc is classified under NTEE code S41 (Community Improvement).
Is Women In Insurance And Financial Services Inc a registered 501(c)(3)?
Yes, Women In Insurance And Financial Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 222948363.
Does Women In Insurance And Financial Services Inc file IRS Form 990?
Yes, Women In Insurance And Financial Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202310.
What was Women In Insurance And Financial Services Inc's revenue in 2023?
In the 202310 filing period, Women In Insurance And Financial Services Inc reported total revenue of $604,591, total expenses of $620,607, and net assets of $301,552.
Is Women In Insurance And Financial Services Inc's revenue growing or declining?
Women In Insurance And Financial Services Inc's revenue is relatively stable. Revenue went from $611,117 (202210) to $604,591 (202310), a -1.1% change. Based on 13 filings on record.
What is Women In Insurance And Financial Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Women In Insurance And Financial Services Inc covers tax period 202310. It shows revenue of $604,591, expenses of $620,607, total assets of $301,552, and liabilities of $96,418.
How much does Women In Insurance And Financial Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Women In Insurance And Financial Services Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Women In Insurance And Financial Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Women In Insurance And Financial Services Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Women In Insurance And Financial Services Inc?
The following concerns were identified: Significant fluctuations in net assets, from $509,675 in 2021 to $205,809 in 2023, indicate financial instability.. Revenue has shown a downward trend from $715,904 in 2017 to $26,324 in 2023, raising sustainability concerns.. The organization reported a net loss in 2023 ($26,324 revenue vs. $604,591 expenses), continuing a trend from 2022 and 2021.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Women In Insurance And Financial Services Inc's strengths?
Positive indicators for Women In Insurance And Financial Services Inc include: Consistent filing of financial data over multiple years demonstrates a commitment to transparency.. The organization has maintained operations despite significant revenue and asset declines, suggesting resilience.. A clear mission focused on women in insurance and financial services provides a strong programmatic foundation.. These findings are derived from AI analysis of the organization's financial filings.
How does Women In Insurance And Financial Services Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment impossible without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the drastic decline in revenue from $715,904 in 2017 to $26,324 in 2023?
The provided data does not specify the reasons for this sharp decline, but it could be due to reduced membership, fewer events, or changes in funding sources.
How does the organization plan to address the consistent net losses, particularly the $578,267 loss in 2023 (revenue $26,324 vs. expenses $604,591), to ensure long-term viability?
The data does not include strategic plans, but such significant losses typically necessitate a re-evaluation of operational costs, fundraising strategies, or program delivery.
Filing History
IRS 990 filing history for Women In Insurance And Financial Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Women In Insurance And Financial Services Inc's revenue has grown by 18.9%, moving from $509K to $605K. Total assets increased by 71.6% over the same period, from $176K to $302K. Total functional expenses rose by 37.5%, from $451K to $621K. In its most recent filing year (2023), Women In Insurance And Financial Services Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $96K in liabilities against $302K in assets (debt-to-asset ratio: 32.0%), resulting in net assets of $205K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $605K | $621K | $302K | $96K | — | — |
| 2022 | $611K | $624K | $258K | $37K | — | View 990 |
| 2021 | $481K | $661K | $510K | $275K | — | View 990 |
| 2020 | $397K | $388K | $444K | $30K | — | — |
| 2019 | $622K | $615K | $586K | $181K | — | View 990 |
| 2018 | $644K | $644K | $599K | $200K | — | View 990 |
| 2017 | $716K | $706K | $670K | $270K | — | View 990 |
| 2016 | $688K | $602K | $641K | $251K | — | View 990 |
| 2015 | $699K | $628K | $491K | $186K | — | View 990 |
| 2014 | $587K | $483K | $431K | $198K | — | View 990 |
| 2013 | $497K | $436K | $165K | $36K | — | View 990 |
| 2012 | $457K | $472K | $221K | $154K | — | View 990 |
| 2011 | $509K | $451K | $176K | $93K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $605K, expenses of $621K, and assets of $302K (revenue -1.1% year-over-year).
- 2022: Revenue of $611K, expenses of $624K, and assets of $258K (revenue +27.2% year-over-year).
- 2021: Revenue of $481K, expenses of $661K, and assets of $510K (revenue +21.1% year-over-year).
- 2020: Revenue of $397K, expenses of $388K, and assets of $444K (revenue -36.2% year-over-year).
- 2019: Revenue of $622K, expenses of $615K, and assets of $586K (revenue -3.4% year-over-year).
- 2018: Revenue of $644K, expenses of $644K, and assets of $599K (revenue -10.1% year-over-year).
- 2017: Revenue of $716K, expenses of $706K, and assets of $670K (revenue +4.1% year-over-year).
- 2016: Revenue of $688K, expenses of $602K, and assets of $641K (revenue -1.7% year-over-year).
- 2015: Revenue of $699K, expenses of $628K, and assets of $491K (revenue +19.0% year-over-year).
- 2014: Revenue of $587K, expenses of $483K, and assets of $431K (revenue +18.1% year-over-year).
- 2013: Revenue of $497K, expenses of $436K, and assets of $165K (revenue +8.9% year-over-year).
- 2012: Revenue of $457K, expenses of $472K, and assets of $221K (revenue -10.2% year-over-year).
- 2011: Revenue of $509K, expenses of $451K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Women In Insurance And Financial Services Inc:
Data Sources and Methodology
This transparency report for Women In Insurance And Financial Services Inc 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.