Women and Girls in Soccer

Nonprofit profile at a glance

EIN
521222034
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Herndon, VA, USA
Phone
7039966323
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$928,165
Expenses
$634,474
Assets
$751,429
Liabilities
$3,300

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

Leadership & pay

7 people listed

People named in this filing

  • LULA BAUER (CHAIRWOMAN)
  • TOM GROSS (SECRETARY)
  • SUE VODICKA (DIRECTOR)

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

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

Overview

Mission

Wags' mission is to provide opportunities to sponsor, develop, or provide educational and character building programs for the benefit of girls and women through teaching and promoting an interest in the game of soccer. Wags promotes the empowerment of girls and women through opportunities in soccer. Wags sponsors, manages, and operates clinics, tournaments, exhibitions and other educational activities.

What it reported doing in 2024

Wags-women and girls in soccer, foundation-supports organizations that recognize accomplishments of individuals that have dedicated their lives to the game of soccer and provided opportunities through various methods for women and girls involved in the game of soccer. Specific efforts supported include soccer hall of fame award to recognized superior accomplishments in the game of soccer. In addition, wags took further steps to empower women through soccer with our first of its kind childcare grant for semi pro female athletes, female referees and female coaches. This helps women with children stay in the game. Wags also sponsored 2 semi pro womens teams in the usl in Florida and Virginia. Wags continued its support of these teams to enable sponsorships for players who need it-need based and direct game day sponsorship. As a result of our continued sponsorship of the semi pro usl teams over 50 women and girls between the two organizations were directly impacted. The wags foundation sponsored a c license course providing a pathway for women to higher licensure and an opportunity to compete for jobs with male counterparts. This course was made available through advertising to the general public on a first come first serve basis. Wags awarded four college scholarships to help girls to continue their education and also play soccer in college. These are girls that have also done community service in soccer helping others. Everyone meeting eligibility requirements were encouraged to apply.

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 94% 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 available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 79
  • Accountability: 76
  • Sustainability: 72
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.9%; rating input score 66
  • Program expense ratio: 96.5%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 70.9%; rating input score 71; 32nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 31.6%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 1.18; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -2.6% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -2.2% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -10% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 65.9% of revenue deployed · 96.5% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $612K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Highest-paid contractors: 1 contractor listed · $173K reported
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 8 filing years from 2015 to 2024
  • 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.