Womens Project Foundation
Womens Project Foundation faces significant financial contraction with declining revenue and assets over the last decade.
EIN: 133417304 · Brooklyn, OH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.6M |
| Program Spending | 70% |
| Net Assets | $8.2M |
| Transparency Score | 55/100 |
Is Womens Project Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Womens Project Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Womens Project Foundation
Womens Project Foundation (EIN: 133417304) is a nonprofit organization based in Brooklyn, OH. The organization reported total revenue of $3.0M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Womens Project Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Womens Project Foundation is a mid-size nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-1,209,029 |
| Total Assets | $8.2M |
| Total Liabilities | $1 |
| Net Assets | $8.2M |
| Operating Margin | -87.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 37.9 months |
Financial Health Grade: B
In 2023, Womens Project Foundation reported a deficit of $1.2M with expenses exceeding revenue, holds 37.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Womens Project Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.2% | -27.5% | -12.9% |
| 2022 | -73.9% | -63.9% | -18.7% |
| 2021 | -42.5% | +86.8% | -27.9% |
| 2020 | -46.6% | -67.3% | +0.5% |
| 2019 | +235.8% | +82.4% | +22.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Project Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Womens Project Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, suggesting either a volunteer-led organization or that executive salaries are categorized differently, which enhances transparency regarding direct officer pay but may obscure total leadership costs.
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 Project Foundation's IRS 990 filings:
- Significant and consistent decline in revenue over multiple years (from $17.6M in 2019 to $1.3M in 2023).
- Consistent decline in assets, indicating potential asset depletion to cover expenses.
- Expenses frequently exceeding revenue, suggesting an unsustainable financial model without external intervention or asset drawdowns.
- Unusual and consistent reporting of $1 in liabilities across all filings, which may obscure actual financial obligations.
Strengths
The following positive indicators were identified for Womens Project Foundation:
- High transparency regarding direct officer compensation, reported as 0% across all filings.
- History of significant revenue generation in earlier periods (e.g., $17.6M in 2019, $11.2M in 2012).
Frequently Asked Questions about Womens Project Foundation
Is Womens Project Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Womens Project Foundation (EIN: 133417304) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Womens Project Foundation spend its money?
Womens Project Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Womens Project Foundation tax-deductible?
Womens Project Foundation is registered as a tax-exempt nonprofit (EIN: 133417304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Womens Project Foundation's spending goes to programs?
Womens Project Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Womens Project Foundation located?
Womens Project Foundation is headquartered in Brooklyn, Ohio and files with the IRS under EIN 133417304.
How many years of IRS 990 filings does Womens Project Foundation have?
Womens Project Foundation has 10 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 $3.0M in total revenue.
What caused the significant decline in revenue and assets for Womens Project Foundation?
The provided data shows a consistent decline in both revenue and assets since 2019, with revenue dropping from $17,650,678 to $1,383,802 in 2023, and assets from $16,040,693 in 2020 to $8,197,948 in 2023. The specific reasons for this trend are not detailed in the summary data and would require reviewing the full 990 forms and organizational reports.
How is Womens Project Foundation covering its expenses when they exceed revenue?
In several recent periods (e.g., 2023, 2022, 2021), the organization's expenses have significantly exceeded its revenue. This suggests the organization is drawing down its assets to cover operational costs, as evidenced by the declining asset base, or relying on other unreported funding sources.
What is the nature of the $1 liability reported consistently across all filings?
The consistent reporting of $1 in liabilities across all ten filings is highly unusual for an organization of this size and financial activity. This could indicate a specific accounting practice, a unique legal structure, or a reporting anomaly that warrants further investigation into the full financial statements.
Are there any executives or key employees receiving compensation not reported as 'officer compensation'?
While 'Officer Comp' is reported as 0% in all filings, it's possible that key employees or executives are compensated under other expense categories (e.g., salaries and wages for non-officers) or through related organizations. A review of the full 990, particularly Part VII, Section A, would clarify this.
What are the specific program activities and their associated costs?
The provided data does not include a breakdown of expenses into program, administrative, and fundraising categories. To understand the specific program activities and their costs, one would need to consult the full IRS Form 990, specifically Part III and Part IX.
Filing History
IRS 990 filing history for Womens Project Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Womens Project Foundation's revenue has grown by 75.9%, moving from $787K to $1.4M. Total assets decreased by 68% over the same period, from $25.6M to $8.2M. Total functional expenses rose by 2.6%, from $2.5M to $2.6M. In its most recent filing year (2023), Womens Project Foundation reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $2.6M | $8.2M | $1 | — | View 990 |
| 2022 | $1.4M | $3.6M | $9.4M | $1 | — | View 990 |
| 2021 | $5.4M | $9.9M | $11.6M | $1 | — | View 990 |
| 2020 | $9.4M | $5.3M | $16.0M | $1 | — | View 990 |
| 2019 | $17.7M | $16.2M | $16.0M | $1 | — | View 990 |
| 2015 | $5.3M | $8.9M | $13.1M | $1 | — | View 990 |
| 2014 | $3.5M | $8.2M | $16.7M | $1 | — | View 990 |
| 2013 | $2.0M | $7.4M | $21.4M | $1 | — | View 990 |
| 2012 | $11.3M | $5.5M | $26.8M | $1 | — | View 990 |
| 2011 | $787K | $2.5M | $25.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $2.6M, and assets of $8.2M (revenue -2.2% year-over-year).
- 2022: Revenue of $1.4M, expenses of $3.6M, and assets of $9.4M (revenue -73.9% year-over-year).
- 2021: Revenue of $5.4M, expenses of $9.9M, and assets of $11.6M (revenue -42.5% year-over-year).
- 2020: Revenue of $9.4M, expenses of $5.3M, and assets of $16.0M (revenue -46.6% year-over-year).
- 2019: Revenue of $17.7M, expenses of $16.2M, and assets of $16.0M (revenue +235.8% year-over-year).
- 2015: Revenue of $5.3M, expenses of $8.9M, and assets of $13.1M (revenue +49.7% year-over-year).
- 2014: Revenue of $3.5M, expenses of $8.2M, and assets of $16.7M (revenue +74.5% year-over-year).
- 2013: Revenue of $2.0M, expenses of $7.4M, and assets of $21.4M (revenue -82.2% year-over-year).
- 2012: Revenue of $11.3M, expenses of $5.5M, and assets of $26.8M (revenue +1333.5% year-over-year).
- 2011: Revenue of $787K, expenses of $2.5M, and assets of $25.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Womens Project Foundation:
Data Sources and Methodology
This transparency report for Womens Project Foundation 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.