Woman in Business Inc

Nonprofit profile at a glance

EIN
042947253
IRS 990-EZ coverage
2011–2022
Forms available
Form 990-EZ 2022, Form 990-N 2022
Location
Sturbridge, MA, USA
Phone
5082482727
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Women's Service Clubs

Reported finances

Revenue
$21,959
Expenses
$14,088
Assets
$23,502

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JENNIFER JONES (PRESIDENT)

People named in this filing

  • BRENDA LACAIRE (TREASURER)
  • AMANDA NORMANDIN (VICE PRESIDE)
  • JENNIFER JONES (PRESIDENT)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote/educate/support women in business

What it reported doing in 2022

Networking/promotional events and informational/educational meetings with guest speakers are offered to area business women to provide support/ guidance, and promote acceptance of women in business

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.2%; rating input score 64
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 35.8%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 1.67; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 9.4% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 64.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2011 to 2022
  • 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 — Sustainability: Total-asset coverage ratio scored 57/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.