Womens Association Of Venture & Equity Inc
Womens Association Of Venture & Equity Inc consistently dedicates a high percentage of expenses to programs with no reported officer compensation.
EIN: 200554856 · Stratford, CT · NTEE: Y03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $679K |
| Total Expenses | $664K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $700,000. |
| Net Assets | $106K |
| Transparency Score | 90/100 |
Is Womens Association Of Venture & Equity Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Womens Association Of Venture & Equity Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Womens Association Of Venture & Equity Inc
Womens Association Of Venture & Equity Inc (EIN: 200554856) is a nonprofit organization based in Stratford, CT, classified under NTEE code Y03. The organization reported total revenue of $679K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Womens Association Of Venture & Equity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Womens Association Of Venture & Equity Inc is a small nonprofit that has been operating for 12 years, with 14 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $692K |
| Total Expenses | $664K |
| Surplus / Deficit | +$28K |
| Total Assets | $189K |
| Total Liabilities | $83K |
| Net Assets | $106K |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 43.9% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Womens Association Of Venture & Equity Inc reported a surplus of $28K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 43.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2008–2023), Womens Association Of Venture & Equity Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.6% | -6.2% | -33.5% |
| 2022 | +68.4% | +97.6% | +0.8% |
| 2021 | +0.5% | +8.7% | +3.8% |
| 2020 | -40.1% | -20.7% | -17.1% |
| 2019 | +54.9% | +23.2% | +184.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
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 Womens Association Of Venture & Equity Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Womens Association Of Venture & Equity 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 surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive aspect, demonstrating a strong commitment to directing all funds towards the organization's mission rather than executive salaries, especially for an organization with revenues reaching nearly $700,000.
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 Womens Association Of Venture & Equity Inc's IRS 990 filings:
- One-year deficit in 2022 where expenses exceeded revenue by over $100,000.
Strengths
The following positive indicators were identified for Womens Association Of Venture & Equity Inc:
- Strong program spending ratio (e.g., 75% of expenses in 2023).
- Consistent 0% officer compensation reported across all filings.
- Significant revenue growth over the past decade, from $102,873 in 2016 to $692,224 in 2023.
- Consistent filing of IRS Form 990s, indicating good transparency.
- Positive net assets, growing from $62,712 in 2017 to $189,241 in 2023.
Frequently Asked Questions about Womens Association Of Venture & Equity Inc
Is Womens Association Of Venture & Equity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Womens Association Of Venture & Equity Inc (EIN: 200554856) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Womens Association Of Venture & Equity Inc spend its money?
Womens Association Of Venture & Equity Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Womens Association Of Venture & Equity Inc tax-deductible?
Womens Association Of Venture & Equity Inc is registered as a tax-exempt nonprofit (EIN: 200554856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Womens Association Of Venture & Equity Inc CEO make?
Womens Association Of Venture & Equity Inc's highest-compensated officer earns $700,000. annually. The organization reported $679K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Womens Association Of Venture & Equity Inc's spending goes to programs?
Womens Association Of Venture & Equity Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Womens Association Of Venture & Equity Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Womens Association Of Venture & Equity Inc is above average for NTEE category Y03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Womens Association Of Venture & Equity Inc located?
Womens Association Of Venture & Equity Inc is headquartered in Stratford, Connecticut and files with the IRS under EIN 200554856. It is classified under NTEE code Y03.
How many years of IRS 990 filings does Womens Association Of Venture & Equity Inc have?
Womens Association Of Venture & Equity Inc has 14 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 $679K in total revenue.
Is Womens Association Of Venture & Equity Inc a good charity?
Based on the financial data, WAVE appears to be a good charity. It consistently allocates a high percentage of its expenses to program services (e.g., 75% in 2023) and reports 0% officer compensation, indicating efficient use of donor funds and strong mission focus.
How has WAVE's revenue grown over time?
WAVE has shown significant revenue growth, increasing from $102,873 in 2016 to $692,224 in 2023, demonstrating expanding reach and support.
What is the organization's financial stability?
The organization's financial stability is generally good. While there was a deficit in 2022, it achieved a surplus in 2023. Assets have grown over time, from $62,712 in 2017 to $189,241 in 2023, providing a reasonable financial cushion.
Does WAVE pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, meaning no executives or officers received salaries from the organization.
What was the largest deficit WAVE experienced?
The largest deficit occurred in 2022, where expenses ($708,456) exceeded revenue ($598,831) by $109,625.
Filing History
IRS 990 filing history for Womens Association Of Venture & Equity Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2008–2023), Womens Association Of Venture & Equity Inc's revenue has grown by 639.1%, moving from $94K to $692K. Total assets increased by 151.3% over the same period, from $75K to $189K. Total functional expenses rose by 735.5%, from $80K to $664K. In its most recent filing year (2023), Womens Association Of Venture & Equity Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $83K in liabilities against $189K in assets (debt-to-asset ratio: 43.9%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $692K | $664K | $189K | $83K | — | — |
| 2022 | $599K | $708K | $285K | $206K | — | View 990 |
| 2021 | $356K | $359K | $282K | $94K | — | View 990 |
| 2020 | $354K | $330K | $272K | $81K | — | — |
| 2019 | $591K | $416K | $328K | $47K | — | View 990 |
| 2018 | $381K | $338K | $115K | $9K | — | View 990 |
| 2017 | $143K | $141K | $63K | $0 | — | View 990 |
| 2016 | $103K | $106K | $66K | $4K | — | — |
| 2015 | $69K | $86K | $69K | $4K | — | View 990 |
| 2014 | $85K | $77K | $80K | $1K | — | View 990 |
| 2013 | $68K | $73K | $73K | $2K | — | View 990 |
| 2010 | $89K | $65K | $75K | $0 | — | View 990 |
| 2009 | $59K | $84K | $51K | $0 | — | View 990 |
| 2008 | $94K | $80K | $75K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $692K, expenses of $664K, and assets of $189K (revenue +15.6% year-over-year).
- 2022: Revenue of $599K, expenses of $708K, and assets of $285K (revenue +68.4% year-over-year).
- 2021: Revenue of $356K, expenses of $359K, and assets of $282K (revenue +0.5% year-over-year).
- 2020: Revenue of $354K, expenses of $330K, and assets of $272K (revenue -40.1% year-over-year).
- 2019: Revenue of $591K, expenses of $416K, and assets of $328K (revenue +54.9% year-over-year).
- 2018: Revenue of $381K, expenses of $338K, and assets of $115K (revenue +167.4% year-over-year).
- 2017: Revenue of $143K, expenses of $141K, and assets of $63K (revenue +38.7% year-over-year).
- 2016: Revenue of $103K, expenses of $106K, and assets of $66K (revenue +48.8% year-over-year).
- 2015: Revenue of $69K, expenses of $86K, and assets of $69K (revenue -18.5% year-over-year).
- 2014: Revenue of $85K, expenses of $77K, and assets of $80K (revenue +24.8% year-over-year).
- 2013: Revenue of $68K, expenses of $73K, and assets of $73K (revenue -23.6% year-over-year).
- 2010: Revenue of $89K, expenses of $65K, and assets of $75K (revenue +50.1% year-over-year).
- 2009: Revenue of $59K, expenses of $84K, and assets of $51K (revenue -36.6% year-over-year).
- 2008: Revenue of $94K, expenses of $80K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Womens Association Of Venture & Equity Inc:
Data Sources and Methodology
This transparency report for Womens Association Of Venture & Equity 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.