BOSTON WOMEN'S FUND INC

EIN: 222475551 501(c)(3) Philanthropy & Grantmaking

CAMBRIDGE, MA

Total Revenue
$2,368,020
Total Expenses
$1,546,087
Total Assets
$3,862,582
Net Assets
$3,731,810
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MA
Principal Officer
AKOSUA AMPOFO SIEVER
Phone
6177250035
Tax Period
2022-07-01 to 2023-06-30

BOSTON WOMEN'S FUND INC, founded in 1983, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.4M in total revenue in fiscal year 2022. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $822K, a strong 35% operating margin.

Mission

TO SUPPORT COMMUNITY-BASED ORGANIZATIONS & GRASSROOTS INITIATIVES RUN BY WOMEN AND GIRLS IN ORDER TO CREATE A SOCIETY BASED ON RACIAL, ECONOMIC AND SOCIAL JUSTICE. WE STRIVE FOR A WORLD FREE OF RACISM, POVERTY, AND SEXISM.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,303,514
Program Service Revenue $0
Investment Income $47,240
Other Revenue $17,266
TOTAL REVENUE $2,368,020

Expense Breakdown

Grants Paid $516,870
Salaries & Benefits $602,895
Fundraising Expenses $260,204
Program Expenses $1,085,029
Other Expenses $426,322
TOTAL EXPENSES $1,546,087

Year-over-Year Comparison

2022 2021 Change
Revenue $2,368,020 $1,427,968 +0.7%
Expenses $1,546,087 $1,091,451 +0.4%
Net Income $821,933 $336,517 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
12
Volunteers
14

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
3
$0
Total Directors
11
$0
Key Employees
1
$221,951
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RITA GERMAN DIRECTOR 5.00
Director
$0 $0 $0
CHASTITY BOWICK DIRECTOR 5.00
Director
$0 $0 $0
LAUREN PIMPARE DIRECTOR 5.00
Director
$0 $0 $0
BRIANNA BOGGS DIRECTOR 5.00
Director
$0 $0 $0
CLAUDIA THOMPSON CLERK 5.00
Director
$0 $0 $0
VIRGINIA MEANY DIRECTOR CHAIR OF FINANCE 5.00
Director
$0 $0 $0
MAGALIS TRONCOSO LAMA DIRECTOR 5.00
Director
$0 $0 $0
DANIELLE PARISH DIRECTOR 5.00
Director
$0 $0 $0
MELISSA TEARNEY VICE CHAIR 5.00
Officer Director
$0 $0 $0
AMANDA MATOS GONZALEZ TREASURER 5.00
Officer Director
$0 $0 $0
AKOSUA AMPOFO SIEVER CHAIR 5.00
Officer Director
$0 $0 $0
NATANJA CRAIG OQUENDO EXEC DIRECTOR 40.00
Key Emp
$213,208 $8,743 $221,951
ALEXANDRA AUGUSTE DEPUTY DIRECTOR 40.00
Highest
$115,039 $10,577 $125,616
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,368,020 $1,546,087 $3,862,582 $821,933
2022 $1,427,968 $1,091,451 $2,612,191 $336,517
2021 $1,433,744 $753,254 $2,649,665 $680,490
2020 $340,191 $604,649 $1,975,928 $-264,458
2019 $457,916 $361,405 $2,200,445 $96,511
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