Women Networking In Electronic Transactions
Women Networking In Electronic Transactions shows consistent revenue growth and strong financial surpluses with no reported officer compensation.
EIN: 204028364 · Columbus, GA · NTEE: J03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $525K |
| Transparency Score | 92/100 |
Is Women Networking In Electronic Transactions Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Women Networking In Electronic Transactions directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Women Networking In Electronic Transactions
Women Networking In Electronic Transactions (EIN: 204028364) is a nonprofit organization based in Columbus, GA, classified under NTEE code J03. The organization reported total revenue of $1.3M and total assets of $490K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Women Networking In Electronic Transactions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Women Networking In Electronic Transactions is a mid-size 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 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$130K |
| Total Assets | $639K |
| Total Liabilities | $114K |
| Net Assets | $525K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 17.9% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Women Networking In Electronic Transactions reported a surplus of $130K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 17.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Women Networking In Electronic Transactions's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.4% | +18.2% | +22.2% |
| 2022 | +53.9% | +34.9% | +42.3% |
| 2021 | +11.5% | -12.4% | -5.7% |
| 2020 | -6.5% | +56.0% | -50.6% |
| 2019 | +74.5% | +32.7% | +32.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Women Networking In Electronic Transactions with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Women Networking In Electronic Transactions allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $130K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with over $1.3 million in annual revenue.
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.
Strengths
The following positive indicators were identified for Women Networking In Electronic Transactions:
- Consistent revenue growth, increasing from $287,430 in 2014 to $1,333,725 in 2023.
- Strong financial surpluses in recent years, with revenue exceeding expenses (e.g., $1,333,725 revenue vs. $1,203,831 expenses in 2023).
- No reported officer compensation across all 13 filings, indicating high efficiency and potentially volunteer leadership.
- Healthy and growing asset base, reaching $639,175 in 2023.
- Extensive filing history (13 years) demonstrating consistent transparency.
Frequently Asked Questions about Women Networking In Electronic Transactions
Is Women Networking In Electronic Transactions a legitimate charity?
Women Networking In Electronic Transactions (EIN: 204028364) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Women Networking In Electronic Transactions spend its money?
Women Networking In Electronic Transactions directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Women Networking In Electronic Transactions tax-deductible?
Women Networking In Electronic Transactions is registered as a tax-exempt nonprofit (EIN: 204028364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Women Networking In Electronic Transactions CEO make?
Women Networking In Electronic Transactions's highest-compensated officer earns $1.3 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Women Networking In Electronic Transactions's spending goes to programs?
Women Networking In Electronic Transactions directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Women Networking In Electronic Transactions compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Women Networking In Electronic Transactions is above average for NTEE category J03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Women Networking In Electronic Transactions located?
Women Networking In Electronic Transactions is headquartered in Columbus, Georgia and files with the IRS under EIN 204028364. It is classified under NTEE code J03.
How many years of IRS 990 filings does Women Networking In Electronic Transactions have?
Women Networking In Electronic Transactions 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 $1.3M in total revenue.
Is Women Networking In Electronic Transactions a good charity?
Based on the provided financial data, WNET appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, efficient spending with no reported officer compensation, and a clear commitment to its mission as evidenced by its financial surpluses and asset growth.
How has WNET's revenue grown over time?
WNET has experienced significant revenue growth, increasing from $287,430 in 2014 to $1,333,725 in 2023, representing an increase of over 360% in less than a decade.
What is the trend in WNET's assets?
WNET's assets have generally trended upwards, from $429,825 in 2014 to $639,175 in 2023, indicating a healthy accumulation of resources and financial stability, despite some fluctuations in earlier years.
Filing History
IRS 990 filing history for Women Networking In Electronic Transactions showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Women Networking In Electronic Transactions's revenue has grown by 320.4%, moving from $317K to $1.3M. Total assets increased by 117.9% over the same period, from $293K to $639K. Total functional expenses rose by 374.7%, from $254K to $1.2M. In its most recent filing year (2023), Women Networking In Electronic Transactions reported a surplus of $130K, with revenue exceeding expenses. The organization holds $114K in liabilities against $639K in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $525K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $639K | $114K | — | — |
| 2022 | $1.1M | $1.0M | $523K | $130K | — | View 990 |
| 2021 | $726K | $755K | $367K | $57K | — | View 990 |
| 2020 | $651K | $863K | $390K | $247K | — | View 990 |
| 2019 | $696K | $553K | $789K | $353K | — | View 990 |
| 2018 | $399K | $417K | $596K | $305K | — | View 990 |
| 2017 | $329K | $335K | $412K | $99K | — | View 990 |
| 2016 | $322K | $364K | $338K | $19K | — | View 990 |
| 2015 | $321K | $324K | $378K | $16K | — | View 990 |
| 2014 | $287K | $274K | $430K | $65K | — | View 990 |
| 2013 | $303K | $303K | $379K | $28K | — | View 990 |
| 2012 | $331K | $252K | $374K | $22K | — | View 990 |
| 2011 | $317K | $254K | $293K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $639K (revenue +19.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $523K (revenue +53.9% year-over-year).
- 2021: Revenue of $726K, expenses of $755K, and assets of $367K (revenue +11.5% year-over-year).
- 2020: Revenue of $651K, expenses of $863K, and assets of $390K (revenue -6.5% year-over-year).
- 2019: Revenue of $696K, expenses of $553K, and assets of $789K (revenue +74.5% year-over-year).
- 2018: Revenue of $399K, expenses of $417K, and assets of $596K (revenue +21.3% year-over-year).
- 2017: Revenue of $329K, expenses of $335K, and assets of $412K (revenue +2.2% year-over-year).
- 2016: Revenue of $322K, expenses of $364K, and assets of $338K (revenue +0.1% year-over-year).
- 2015: Revenue of $321K, expenses of $324K, and assets of $378K (revenue +11.8% year-over-year).
- 2014: Revenue of $287K, expenses of $274K, and assets of $430K (revenue -5.2% year-over-year).
- 2013: Revenue of $303K, expenses of $303K, and assets of $379K (revenue -8.3% year-over-year).
- 2012: Revenue of $331K, expenses of $252K, and assets of $374K (revenue +4.2% year-over-year).
- 2011: Revenue of $317K, expenses of $254K, and assets of $293K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Women Networking In Electronic Transactions:
Data Sources and Methodology
This transparency report for Women Networking In Electronic Transactions 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.