100 Women in Finance Association Inc

What it reported doing in 2024

100wf produces peer engagement events throughout the year. We believe achieving gender parity in senior leadership and investment roles will strengthen our industry and the broader global economy. Our targeted initiatives and networking opportunities help position women for success at every stage of their careers. Peer advisory groups are circles of female senior practitioners working in the same specialized areas. Early career groups are finance professionals in the first decade of their career. Midcareer groups are finance professionals with 10-20 years' experience in the finance industry. Senior practitioners are finance professionals with 20+ years of experience. These groups provide an effective infrastructure for our members to engage with one another to leverage collective wisdom, skills and experience. Peer engagement events are generally free of charge to members and are often hosted by corporate sponsors who provide the event location. We hosted 156 peer engagement events (including virtual events) in 2024, with around 4,000 attendees. 100wf supports the production of these events through the staff and support of volunteers and the programming and hosting of our proprietary event platform.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Limited
  • Conducts field audits: Limited
  • May suspend future funding: Limited
  • Requires financial reports: Limited
  • Conducts site visits: Limited
  • Requires grant agreements: Limited
  • May require repayment: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -12.5%; rating input score 14; 14th percentile among comparable filings
• Total-asset coverage ratio: 0.27; rating input score 13; 13th percentile among comparable filings
• Liabilities to assets ratio: 1.78; rating input score 2; 2nd percentile among comparable filings
• Officer compensation ratio: 39.9%; rating input score 4; 4th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 1.5% per year; rating input score 100; 23rd percentile among comparable filings