Texas Women Rainmakers

Nonprofit profile at a glance

EIN
471014094
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Houston, TX, USA
Phone
2104470500
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$92,559
Expenses
$97,216
Assets
$19,765
Liabilities
$0

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

Leadership & pay

6 people listed

People named in this filing

  • SHALIMAR WALLIS (STEERING COMMITTEE)
  • KATHERINE CORNELL (STEERING COMMITTEE)
  • ERIN COPELAND (STEERING COMMITTEE)

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

The purpose of Texas women rainmakers is to empower women in the legal profession through a combination of wellness, mental health initiatives, diversity and inclusion as well as promoting one another's successes and accomplishments in a collaborative environment.

What it reported doing in 2024

Texas women rainmakers has been fortunate enough to hold an annual cle for over 175 participants at a drastically reduced price compared to the services provided. We have held this event for 10 years, taking a two year break for covid. Attendees are treated to many amenities aimed at the programs goals of wellness, mindfulness, diversity and inclusion as well and promoting women in the workplace. Each year well known speakers and authors are brought in from around the country to act as our keynote speakers, designed to empower our audience. The cle is a full day event offering continuing legal education credit to the attendees.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.5%; rating input score 98

Transparency & Controls

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

Sustainability

  • Operating margin: -5%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 34.9% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 6.3% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $95K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2014 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.

  • Moderate — Sustainability: Operating margin scored 36/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.