Whamnow Inc

Nonprofit profile at a glance

EIN
861256055
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-EZ 2020
Location
Greenwich, CT, USA
Phone
2036611173
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$926,291
Expenses
$943,066
Assets
$689,560
Liabilities
$12,236

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • CAROLEE LEE (CHAIR AND CEO)
  • LORI FRANK (PRESIDENT THRU 3/2025)

Highest reported compensation

  • MARIANNE FOSS-SKIFTESVIK (DIRECTOR AND CHIEF OF STAFF): $175,000 total reported compensation
  • LORI FRANK (PRESIDENT THRU 3/2025): $50,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Wham works with advocates, economists, scientists, business leaders, public health experts and policy makers to: increase funding for women's health research, empower women researchers to study and share sex and gender research, and build a data-driven case for accelerating women's health research.

What it reported doing in 2025

Wham invests in women's health research to transform women's lives. Wham works across diseases that impact women differently and differentially brain health, heart health, immune and autoimmune health and cancer. The wham report shows the impact of accelerating sex and gender-based health research on women, their families, and the economy. The impacts of our limited knowledge about women's health relative to men's because of insufficient research addressing women is far-reaching. Wham commissioned the rand corporation to study these impacts for: alzheimer's disease (brain); rheumatoid arthritis (autoimmune), and cardiovascular disease (heart).launch of the wham innovator's circlelaunched at the nyse women's health investor summit, the wham innovator's circle brings together women's health-focused funds to catalyze early-stage innovation and forge strategic investment pathways.the wham spring forumat the wyss institute at harvard universitythe wham forum, hosted in collaboration with the wyss institute at harvard university, brought together top researchers, entrepreneurs, and investors to explore the economic and scientific power of women's health innovation. From translational medicine to bold investment strategies, the conversations reinforced why women's health must be front and center.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 63
  • Accountability: 69
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.7%; rating input score 88
  • Program expense ratio: 85.9%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 84.6%; rating input score 85; 2nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 92.4%; rating input score 92; 44th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 95.5%; rating input score 95; 28th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.8%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 23.9%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 26.4% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 18.5% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 23.8% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 87.7% of revenue deployed · 85.9% of spending went to programs
  • Governance: 21 of 22 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $810K in reported program spending
  • Leadership: top reported pay $175K · 23 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 27 of 29 current checks pass · 2 findings to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Governance controls: 6 of 9 not reported.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.