Womens Funding Network
Nonprofit profile at a glance
- EIN
- 411685134
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- San Francisco, CA, USA
- Phone
- 4154410706
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $3,171,888
- Expenses
- $2,585,830
- Assets
- $4,966,647
- Liabilities
- $326,416
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Elizabeth Barajas-Roman (President & CEO)
Highest reported compensation
- Elizabeth Barajas-Roman (President & CEO): $275,221 total reported compensation
- Sara Keilholtz (Director): $169,376 total reported compensation
- Mirenda Meghelli (Director): $160,742 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission as a global alliance is to provide strategies, research, and resources that support the critical agency and influence of women's foundations and gender justice funders in the movement for equality, justice, and power for all.
What it reported doing in 2024
General program wfn provides a collaborative environment for gender equity funders that connects bold ideas with the resources to propel them into action. Wfn provides our global network of gender justice funders and women's funds with a variety of tools to help them succeed-including capacity building (including intermediary grantmaking to member cohorts and nonprofit partners), research and peer education, strategic-led initiatives, advocacy and events, and unifying a collective, amplified voice through strategic communications.
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 75% for direct work, and 25% for grants.
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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 65
- Accountability: 95
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.7%; rating input score 75
- Program expense ratio: 91.2%; rating input score 91
- Fundraising efficiency: $246.77 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 2nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 74.4%; rating input score 74; 20th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.5%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 1.92; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 28.2%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 9.9% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 18th percentile among comparable filings
Details
- Where the money goes: 74.7% of revenue deployed · 91.2% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.4M in reported program spending
- Leadership: top reported pay $275K · 18 people listed · 1 of 6 pay-setting controls reported
- Consistency: 28 of 30 current checks pass · 2 findings to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 7 filed related-organization links
- 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 — Accountability: Governance controls: Audit committee oversight not reported.
- High — Sustainability: Officer compensation ratio scored 6/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.