Worldwide Audiovisual Women's Association (Wawa) Corp

Nonprofit profile at a glance

EIN
832079054
IRS 990 coverage
2021–2025
Forms available
Form 990 2025
Location
Miami, FL, USA
Phone
3055944548
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$132,178
Expenses
$134,306
Assets
$40,109
Liabilities
$33,659

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • HERNANDEZ LILIAM (PRESIDENT)
  • GOMEZ DE LA TORRE CECILIA P (VICE PRESIDENT)

People named in this filing

  • HERNANDEZ LILIAM (PRESIDENT)
  • GOMEZ DE LA TORRE CECILIA P (VICE PRESIDENT)
  • ROTUNDO ROXANA (C)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We are an association that exists to be an active collaborative network that reinforces the role of women and their development in the audiovisual industry.

What it reported doing in 2025

Sponsorship Revenue for sponsored events for the promotion of women in the audio visual industry. Wawa negotiate with different festival to obtain discounts for its members that want to attend the festival or event. During 2025, we carried out various activities aimed at promoting business opportunities among our members. We organized networking meetings, which promoted the sale and acquisition of our members content to various types of clients such as decision-makers from Free TV, Pay TV, OTT, and Platforms. The following events were held WAWA Business Forum, WAWA Content Hunter, WAWA Coproduction Alliance, WAWA Lifetime Mentoring Program. We have increased our member roster by 600 new members who benefited from significant discounts on accreditations to various international content markets, such as Iber Series Platino Industria, Conecta Fiction, and Content Americas. Under the WAWA Lifetime Mentoring Program, we promoted the content and professional development of eight young talents. During a two-month program, they received training in different areas of audiovisual.

Operating model

Revenue model
Earned-program. 65% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 90
  • Accountability: 12
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.6%; rating input score 96
  • Program expense ratio: 94.1%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • 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: -1.6%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.84; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 11.5% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 9.4% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 95.6% of revenue deployed · 94.1% of spending went to programs
  • Governance: 0 of 12 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $126K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • 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.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.