Polish Womens Alliance of America

Nonprofit profile at a glance

EIN
361635440
IRS 990 coverage
2010–2016
Forms available
Form 990 2016, Form 990-N 2012
Location
Chicago, IL, USA
Phone
8473841200
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fraternal Societies

Official website

Reported finances

Revenue
$2,385,010
Expenses
$2,338,833
Assets
$51,899,831
Liabilities
$52,868,493

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

2 people listed

Highest reported compensation

  • Antoinette Trela (Financial Offcr): $58,473 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Polish Women's Alliance of America is a fraternal benefit society that provides insurance and financial products, as well as fraternal activities for its members in the Polish American Community.

What it reported doing in 2016

To provide competitive insurance and retirement products to its members as a fraternal life insurance company, as well as fraternal activities for the benefit of its members.

Operating model

Revenue model
Investment-supported. 86% of the money available for current operations came from recurring investment income.
Distribution model
Member-benefit provider. The nonprofit used 65% of its reported program spending for member benefits.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Accountability: 55
  • Sustainability: 59
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98%; rating input score 98
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 8th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.9%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 22.19; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 1.02; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 2.5%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: -17.1% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -13.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -1.2% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 98% of revenue deployed · 100% of spending went to programs
  • Governance: 1 of 2 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.3M in reported program spending
  • Leadership: top reported pay $58K · 2 people listed
  • Highest-paid contractors: 1 contractor listed · $191K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2010 to 2016
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Accountability: Independent voting board scored 50/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.