NAWBO - INDIANAPOLIS - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

STEPHANIE SPONSEL

Phone

3176080250

Tax Period

2023-07-01 to 2024-06-30

NAWBO - INDIANAPOLIS, founded in 1997, is a small nonprofit in the Unknown sector that reported $251K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

NAWBO'S MISSION IS TO:1. STRENGTHEN THE WEALTH-CREATING CAPACITY OF ITS MEMBERS AND PROMOTE ECONOMIC DEVELOPMENT.(CONT'D ON SCHEDULE 0)2. CREATE INNOVATIVE AND EFFECTIVE CHANGE IN THE BUSINESS CULTURE.3. BUILD STRATEGIC ALLIANCES, COALITIONS AND AFFILIATIONS.4. TRANSFORM PUBLIC POLICY AND INFLUENCE OPINION MAKERS.

Program Service Accomplishments

Program 1

THE PROGRAM IS DESIGNED TO PROMOTE WOMEN OWNED BUSINESSES BY OFFERING TRAINING AND NETWORKING SESSIONS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $168,011

Program Service Revenue $82,650

Investment Income $1

Other Revenue $0

TOTAL REVENUE $250,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,041

Fundraising Expenses $0

Other Expenses $178,366

TOTAL EXPENSES $270,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$250,662	$201,033	+0.2%
Expenses	$270,407	$232,086	+0.2%
Net Income	$-19,745	$-31,053	-0.4%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$85,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMYCE BANKS	PRESIDENT	10.00	Officer Director	$0	$0	$0
CHRISTINA GORMAL	PRESIDENT ELECT	5.00	Officer Director	$0	$0	$0
ELIZABETH ROVAZZINI	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
ANNE HATHAWAY	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JANMARIE CONNOR	DIRECTOR	2.00	Director	$0	$0	$0
STACY CAREY	DIRECTOR	2.00	Director	$0	$0	$0
LESLEY CRANE	DIRECTOR	2.00	Director	$0	$0	$0
SHEENA LEE	DIRECTOR	2.00	Director	$0	$0	$0
DARICE RENE	DIRECTOR	2.00	Director	$0	$0	$0
SARITA SHARP	DIRECTOR	2.00	Director	$0	$0	$0
SHAWNDA SPARKS	DIRECTOR	2.00	Director	$0	$0	$0
STEPHANIE SPONSEL	TREASURER	5.00	Officer	$0	$0	$0
LEE ANN RICHARDSON	EXECUTIVE DIRECTOR	40.00	Officer	$85,500	$0	$85,500

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	$250,662	$270,407	$64,572	$-19,745
2023	$201,033	$232,086	$84,317	$-31,053
2022	$215,064	$239,071	$115,370	$-24,007
2021	$149,457	$163,934	$157,752	$-14,477
2020	$180,630	$228,017	$153,854	$-47,387
2019	$242,359	$258,542	$201,241	$-16,183

NAWBO - INDIANAPOLIS