Women in Healthcare Inc

Nonprofit profile at a glance

EIN
811247720
IRS 990-EZ coverage
2018–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2017
Location
Ellicott City, MD, USA
Phone
4105300024
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$165,394
Expenses
$475,974
Assets
$275,685
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • KARLEY FANT (PRESIDENT)
  • KAREN FREEMAN (PAST PRESIDENT)
  • OLIVIA SCHLABACH (VICE PRESIDENT)

People named in this filing

  • ASHLEY SCHMIDT (FOUNDER)
  • KARLEY FANT (PRESIDENT)
  • KAREN FREEMAN (PAST 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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the women in healthcare organization is to promote the roles and responsibilities of females in the healthcare industry, empowering one another to mentor growth and support business through sharing successful techniques, contacts, products and services.

What it reported doing in 2024

Women in healthcare provides programming needed to grow personally, in your career and in the healthcare community. We focus all the content we provide on mentorship, education, networking, community, and self.

Operating model

Revenue model
Membership-supported. 90% of the money available for current operations came from membership dues.
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: 100
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

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

Sustainability

  • Operating margin: -187.8%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 45.8% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 18.7% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 28.8% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $476K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Sustainability: Operating margin scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.