Women in Motorsports North America Inc
Nonprofit profile at a glance
- EIN
- 881257248
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- Phoenix, AZ, USA
- Phone
- 6029529243
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $950,122
- Expenses
- $825,925
- Assets
- $404,156
- Liabilities
- $41,901
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Lyn St James (President)
- Beth Paretta (Vice President)
Highest reported compensation
- Cindy Sisson (Executive Dir.): $130,059 total reported compensation
- Renee Dupuis (Director): $13,000 total reported compensation
- EC Mueller (Secretary): $500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Women in Motorsports North Americas mission is to advance opportunities for women in motorsports, connect individuals and organizations that actively support women in motorsports through initiatives and enable internships, mentorships and recognition opportunities.
What it reported doing in 2024
WIMNA Hosts an annual summit called Women with Drive. As a property of WIMNA, this is an industry event that brings together industry leaders, drivers, students and aspiring individuals in motorsports to discuss the current issues, challenges and needs to advance opportunities for a more diverse and inclusive environment to ultimately help grow the motorsports industry. This networking event is a critical piece of the mission of WIMNA advance opportunities for women in motorsports, connect individuals and organizations that actively support women in motorsports and enabling relationships for internships, mentorships and recognition and sponsorship opportunities for women in the industry. In 2024 over 600 people attended the WWD summit and the revenue noted was for registration fees and product sales. Additional revenue came from partners and sponsors who see the need to support this important educational initiative.
Operating model
- Revenue model
- Donor-supported. 83% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 94
- Accountability: 68
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.5%; rating input score 59
- Program expense ratio: 68%; rating input score 68
- Fundraising efficiency: $173.92 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.1%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 17.4%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 49.1% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 52.1% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 51% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 59.5% of revenue deployed · 68% of spending went to programs
- Governance: 9 of 10 board members independent · 3 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $562K in reported program spending
- Leadership: top reported pay $130K · 11 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 59/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Sustainability: Officer compensation ratio scored 18/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.