ACCOUNTING & FINANCIAL WOMEN'S ALL… - 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

1953

Legal Domicile

Principal Officer

STEPHANIE SOMMERS

Phone

8888442392

Tax Period

2024-07-01 to 2025-06-30

ACCOUNTING & FINANCIAL WOMEN'S ALLIANCE, founded in 1953, is a small nonprofit in the Community Improvement sector that reported $412K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $558K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO ENABLE WOMEN IN ALL ACCOUNTING AND FINANCE FIELDS TO ACHIEVE THEIR FULL POTENTIAL AND CONTRIBUTE TO THEIR PROFESSION.

Program Service Accomplishments

Program 1

Expenses: $175,475 Revenue: $196,654

ANNUAL CONFERENCE WHICH PROVIDES AN OPPORTUNITY TO EARN UP TO 24 HOURS OF CONTINUING PROFESSIONAL EDUCATION AS WELL AS THE OPPORTUNITY TO NETWORK WITH WOMEN IN THE ACCOUNTING AND FINANCE INDUSTRY.

Program 2

Expenses: $4,820

PUBLICATIONS AND WEBSITE - ACCOUNTABILITY IS AN ELECTRONIC MAGAZINE THAT PROVIDES AFWA MEMBERS WITH FREQUENT AND EXCEPTIONAL CONTENT IN A FORMAT THAT CAN BE SHARED AND ARCHIVED WITH EASE...

PUBLICATIONS AND WEBSITE - ACCOUNTABILITY IS AN ELECTRONIC MAGAZINE THAT PROVIDES AFWA MEMBERS WITH FREQUENT AND EXCEPTIONAL CONTENT IN A FORMAT THAT CAN BE SHARED AND ARCHIVED WITH EASE. ACCOUNTABILITY PROVIDES TWO FEATURE ARTICLES IN EACH ISSUE, ONE TECHNICAL AND THE OTHER SOFT-SKILLS. IN ADDITION, IT PROVIDES AFWA INFORMATION AT NATIONAL AND CHAPTER LEVELS. AFWA'S WEBSITE INCLUDES A MEMBERS ONLY SITE THAT PROVIDES MEMBERS WITH ACCESS TO AN ONLINE MEMBERSHIP DIRECTORY AS WELL AS ACCESS TO A HOST OF MEMBERSHIP BENEFITS.

Program 3

Expenses: $48,495 Revenue: $177,190

CHAPTER AND FOUNDATION SUPPORT - AFWA PROVIDES ITS APPROXIMATELY 50+ CHAPTERS WITH SUPPORT VIA CHAPTER DUES BILLING AND REMITTANCES, CHAPTER LEADERSHIP RESOURCES, CERTIFICATION OF CONTINUING...

CHAPTER AND FOUNDATION SUPPORT - AFWA PROVIDES ITS APPROXIMATELY 50+ CHAPTERS WITH SUPPORT VIA CHAPTER DUES BILLING AND REMITTANCES, CHAPTER LEADERSHIP RESOURCES, CERTIFICATION OF CONTINUING EDUCATION COURSES THROUGH AFWA'S REGISTRY WITH THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY, AND MORE. AFWA PROVIDES MANAGEMENT OF OUR FOUNDATION'S LEADERSHIP AND PROGRAMS THROUGH BOARD AND COMMITTEE MEETING MANAGEMENT, AS WELL AS COMMUNICATIONS ABOUT AND FACILITATION OF ITS PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $18,443

Program Service Revenue $376,779

Investment Income $12,112

Other Revenue $4,758

TOTAL REVENUE $412,092

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $228,790

Other Expenses $557,898

TOTAL EXPENSES $557,898

Year-over-Year Comparison

	2024	2023	Change
Revenue	$412,092	$459,194	-0.1%
Expenses	$557,898	$505,984	+0.1%
Net Income	$-145,806	$-46,790	+2.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE SOMMERS	PRESIDENT	12.00	Officer Director	$0	$0	$0
SHERYL WAGNER	PRESIDENT - ELECT	7.00	Officer Director	$0	$0	$0
PAM MEADOWS	SECRETARY	5.00	Officer Director	$0	$0	$0
TRINA ALLEN	TREASURER	3.00	Officer Director	$0	$0	$0
JENNIFER LEGER	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
DAWN GILLIS	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
CHELSEA SOWERS	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
KARLETTA JONES	DIRECTOR	3.00	Director	$0	$0	$0
TYRAH SEXTON	DIRECTOR	3.00	Director	$0	$0	$0
LAUREN FANT	DIRECTOR	3.00	Director	$0	$0	$0
SHANNON HOWARD	DIRECTOR	3.00	Director	$0	$0	$0
MARYANN BOLLER	DIRECTOR	3.00	Director	$0	$0	$0
SHARRIN FULLER	DIRECTOR	3.00	Director	$0	$0	$0
KELLY COWHERD	DIRECTOR	3.00	Director	$0	$0	$0
GRACE STATEN	IMMEDIATE PAST PRESIDENT	3.00	Officer Director	$0	$0	$0
CINDY STANLEY	EXECUTIVE DIRECTOR	38.00	Officer	$0	$0	$0

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	$412,092	$557,898	$126,158	$-145,806
2024	No data	No data	No data	No data
2023	$433,475	$483,383	$242,689	$-49,908
2022	$336,879	$321,971	$191,075	$14,908
2021	$366,915	$264,911	$167,424	$102,004
2020	$411,524	$436,159	$190,768	$-24,635
2019	$438,157	$444,146	$220,600	$-5,989
2018	$398,080	$452,188	$193,438	$-54,108

ACCOUNTING & FINANCIAL WOMEN'S ALLIANCE