Women With Wings Inc

Women With Wings Inc shows consistent revenue and asset growth with no reported officer compensation, but recent liabilities increased significantly.

EIN: 202349564 · Erlanger, KY · NTEE: G123 · Updated: 2026-03-28

$281KRevenue

$446KAssets

88/100Mission Score (Excellent)

G123

About Women With Wings Inc

Women With Wings Inc (EIN: 202349564) is a nonprofit organization based in Erlanger, KY, classified under NTEE code G123. The organization reported total revenue of $281K and total assets of $446K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Women With Wings Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Women With Wings Inc with a Mission Score of 88 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: 85%
fundraising: 0%

According to IRS 990 filings, Women With Wings Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with latest revenue of $219,731.

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 With Wings Inc's IRS 990 filings:

Significant increase in liabilities from $5,200 in 2022 to $85,869 in 2023 without further explanation.

Strengths

The following positive indicators were identified for Women With Wings Inc:

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.

Frequently Asked Questions about Women With Wings Inc

What caused the significant increase in liabilities from $5,200 in 2022 to $85,869 in 2023?

The provided data does not specify the nature of this liability increase. It could be due to program expansion, capital investments, or other operational factors that would require further investigation of the full IRS 990 form.

How does Women With Wings Inc allocate its expenses between program services, administration, and fundraising?

While specific percentages are not provided in the summary, the absence of officer compensation suggests a lean administrative structure. Given total expenses of $140,844 in 2023, a significant portion is likely dedicated to program services, with administrative costs covering essential operations and no explicit fundraising expenses indicated.

What are the primary programs or services offered by Women With Wings Inc?

The NTEE Code G123 indicates 'Women's Services; General', suggesting a broad range of services for women. The specific programs are not detailed in the provided financial summary.

Filing History

IRS 990 filing history for Women With Wings Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Women With Wings Inc's revenue has grown by 268.5%, moving from $60K to $220K. Total assets increased by 843.7% over the same period, from $46K to $431K. Total functional expenses rose by 140.4%, from $59K to $141K. In its most recent filing year (2023), Women With Wings Inc reported a surplus of $79K, with revenue exceeding expenses. The organization holds $86K in liabilities against $431K in assets (debt-to-asset ratio: 19.9%), resulting in net assets of $346K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$220K	$141K	$431K	$86K	—	View 990
2022	$180K	$130K	$272K	$5K	—	View 990
2021	$128K	$110K	$222K	$5K	—	View 990
2020	$105K	$88K	$204K	$5K	—	View 990
2019	$117K	$111K	$183K	$0	—	View 990
2018	$132K	$101K	$182K	$0	—	View 990
2017	$120K	$74K	$151K	$0	—	View 990
2016	$113K	$83K	$115K	$0	—	View 990
2015	$81K	$80K	$76K	$0	—	View 990
2014	$67K	$61K	$76K	$0	—	View 990
2013	$70K	$59K	$70K	$0	—	View 990
2012	$71K	$57K	$61K	$1K	—	View 990
2011	$60K	$59K	$46K	$5K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $220K, expenses of $141K, and assets of $431K (revenue +22.3% year-over-year).
2022: Revenue of $180K, expenses of $130K, and assets of $272K (revenue +40.6% year-over-year).
2021: Revenue of $128K, expenses of $110K, and assets of $222K (revenue +22.0% year-over-year).
2020: Revenue of $105K, expenses of $88K, and assets of $204K (revenue -10.7% year-over-year).
2019: Revenue of $117K, expenses of $111K, and assets of $183K (revenue -10.9% year-over-year).
2018: Revenue of $132K, expenses of $101K, and assets of $182K (revenue +10.1% year-over-year).
2017: Revenue of $120K, expenses of $74K, and assets of $151K (revenue +6.2% year-over-year).
2016: Revenue of $113K, expenses of $83K, and assets of $115K (revenue +39.4% year-over-year).
2015: Revenue of $81K, expenses of $80K, and assets of $76K (revenue +20.0% year-over-year).
2014: Revenue of $67K, expenses of $61K, and assets of $76K (revenue -4.1% year-over-year).
2013: Revenue of $70K, expenses of $59K, and assets of $70K (revenue -1.7% year-over-year).
2012: Revenue of $71K, expenses of $57K, and assets of $61K (revenue +19.8% year-over-year).
2011: Revenue of $60K, expenses of $59K, and assets of $46K.

Data Sources and Methodology

This transparency report for Women With Wings 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.