WOMEN'S FORUM OF NEW YORK INC

EIN: 133098501 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$1,612,563
Total Expenses
$1,979,755
Total Assets
$3,173,459
Net Assets
$2,202,972
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
NY
Principal Officer
SUZY E BROWN
Phone
2124479107
Tax Period
2023-01-01 to 2023-12-31

WOMEN'S FORUM OF NEW YORK INC, founded in 1981, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 618% from the prior year, signaling strong growth momentum. Expenses of $2.0M exceeded revenue, resulting in a 23% operating deficit.

Mission

WOMEN'S FORUM OF NEW YORK, INC. MOST SIGNIFICANT PROGRAMS ARE:1. THE SCHOLARS PROGRAM (FORMERLY REFERRED TO AS THE FELLOWS PROGRAM) WHICH PROVIDES FINANCIAL AWARDS TO WOMEN 35 AND OVER WHO HAVE DEMONSTRATED HIGH POTENTIAL, BUT WHOSE EDUCATION AND LIFE PATH HAVE BEEN DISRUPTED BY EXTREME ADVERSITY. THESE WOMEN FREQUENTLY FALL OUTSIDE THE SCOPE OF TRADITIONAL SCHOLARSHIP PROGRAMS AND OUR AWARDS HELP THEM COMPLETE THEIR EDUCATION AND GET THEIR LIVES BACK ON TRACK. OVER 30 YEARS, THE WOMEN'S FORUM OF NEW YORK HAS RAISED MONEY THROUGH MEMBER DONATIONS AND OUR ANNUAL FUNDRAISER, THE ELLY AWARDS, ENABLING US TO HELP OVER 280 WOMEN REGAIN THEIR SELF-ESTEEM, RELAUNCH THEIR LIVES AND BECOME ROLE MODELS FOR THEIR FAMILIES. 2. THE CORPORATE BOARD INITIATIVE WHICH ADVANCES WOMEN'S LEADERSHIP ON CORPORATE BOARDS THROUGH EDUCATION AND OUTREACH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $578,970
Program Service Revenue $967,151
Investment Income $60,303
Other Revenue $6,139
TOTAL REVENUE $1,612,563

Expense Breakdown

Grants Paid $195,000
Salaries & Benefits $596,256
Fundraising Expenses $158,848
Program Expenses $1,441,596
Other Expenses $1,188,499
TOTAL EXPENSES $1,979,755

Year-over-Year Comparison

2023 2022 Change
Revenue $1,612,563 $224,743 +6.2%
Expenses $1,979,755 $646,309 +2.1%
Net Income $-367,192 $-421,566 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
5
Volunteers
119

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$251,620
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA J CRAIG PRESIDENT 5.00
Officer Director
$0 $0 $0
STEPHANIE MEHTA VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
SHERRY WILLIAMS TREASURER 5.00
Officer Director
$0 $0 $0
SUSAN ROBINSON SECRETARY 5.00
Officer Director
$0 $0 $0
CAMILLE ASARO DIRECTOR 1.00
Director
$0 $0 $0
FELICE FORER AXELROD DIRECTOR 5.00
Director
$0 $0 $0
CARRIE REBORA BARRATT DIRECTOR 5.00
Director
$0 $0 $0
JEANNE KWONG BICKFORD DIRECTOR 1.00
Director
$0 $0 $0
LAURA CLAYTON-MCDONNELL DIRECTOR, THRU 1/24/23 1.00
Director
$0 $0 $0
HEATHER DIETRICK DIRECTOR, THRU 1/24/23 1.00
Director
$0 $0 $0
PAIGE EVANS DIRECTOR, THRU 1/24/23 1.00
Director
$0 $0 $0
DAISEY HOLMES DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY KELSO DIRECTOR, THRU 1/24/23 1.00
Director
$0 $0 $0
ELIZABETH NIETO DIRECTOR 1.00
Director
$0 $0 $0
DONNA PALUMBO-MIELE DIRECTOR 1.00
Director
$0 $0 $0
LOUISE PENNINGTON DIRECTOR 1.00
Director
$0 $0 $0
JESSICA L PORTER DIRECTOR 5.00
Director
$0 $0 $0
JOCELYNNE RAINEY DIRECTOR 5.00
Director
$0 $0 $0
XAN RASKIN DIRECTOR 1.00
Director
$0 $0 $0
SAPNA SHAH DIRECTOR 1.00
Director
$0 $0 $0
BONITA STEWART DIRECTOR, THRU 1/24/23 1.00
Director
$0 $0 $0
BARBARA VAN ALLEN DIRECTOR, THRU 1/24/23 1.00
Director
$0 $0 $0
ILENE WACHS DIRECTOR 1.00
Director
$0 $0 $0
MELINDA WHITE DIRECTOR 1.00
Director
$0 $0 $0
G ELAINE WOOD DIRECTOR 5.00
Director
$0 $0 $0
SUZY E BROWN EXECUTIVE DIRECTOR 20.00
Officer
$220,176 $31,444 $251,620
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,612,563 $1,979,755 $3,173,459 $-367,192
2022 $224,743 $646,309 $3,122,350 $-421,566
2021 $1,301,139 $1,463,387 $2,463,388 $-162,248
2020 $843,017 $630,403 $2,472,924 $212,614
2019 $1,565,159 $1,170,629 $2,232,204 $394,530
2018 $486,084 $482,158 $1,655,496 $3,926
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