Chicago Women in Ip

Nonprofit profile at a glance

EIN
475413791
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Chicago, IL, USA
Phone
2604383540
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Women's Service Clubs

Official website

Reported finances

Revenue
$127,656
Expenses
$80,310
Assets
$203,871
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • CATHERINE KLIMA (CHAIR)
  • JULIE LANGDON (CHAIR ELECT)
  • CHRISTINE FILARSKI (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide networking and mentoring opportunities for women in the field of intellecutal property.

What it reported doing in 2024

Scheduling networking and mentoring events for personal and professional development.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 82
  • Sustainability: 83
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.7%; rating input score 58
  • Program expense ratio: 91.7%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 37.1%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 2.54; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 14.4% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 18.7% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 21.3% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 57.7% of revenue deployed · 91.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $74K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 58/100.