ATHENA FOUNDATION

EIN: 382717362 501(c)(3)

LANSING, MI

Total Revenue
$370,777
Total Expenses
$316,672
Total Assets
$63,623
Net Assets
$-132,542
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NC
Principal Officer
TRACI COSTA
Phone
3125800111
Tax Period
2023-01-01 to 2023-12-31

ATHENA FOUNDATION, founded in 1986, is a small nonprofit that reported $371K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $317K left a modest 15% surplus.

Mission

ATHENA INTERNATIONAL IS A NON-PROFIT ORGANIZATION THAT DEVELOPS, SUPPORTS AND HONORS GIRLS AND WOMEN FROM THE CLASSROOM TO THE BOARDROOM, BUILDING A GLOBAL PIPELINE OF WOMEN LEADERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $153,810
Program Service Revenue $213,052
Investment Income $0
Other Revenue $3,915
TOTAL REVENUE $370,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,762
Fundraising Expenses $0
Program Expenses $247,941
Other Expenses $252,910
TOTAL EXPENSES $316,672

Year-over-Year Comparison

2023 2022 Change
Revenue $370,777 $429,850 -0.1%
Expenses $316,672 $468,804 -0.3%
Net Income $54,105 $-38,954 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
1
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
6
$57,192
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRACI COSTA PRESIDENT 80.00
Officer
$57,192 $0 $57,192
CARRIE HARBINSON CO-CHAIR 2.00
Officer Director
$0 $0 $0
SARA HAINES CO-CHAIR 2.00
Officer Director
$0 $0 $0
ANN SABBAG VICE CHAIR 2.00
Officer Director
$0 $0 $0
PAM SANSBURY TREASURER 2.00
Officer Director
$0 $0 $0
KIMBERLI GREEN SECRETARY 2.00
Officer Director
$0 $0 $0
KIMBERLEY BATES DIRECTOR 2.00
Director
$0 $0 $0
PAULA FARMER DIRECTOR 2.00
Director
$0 $0 $0
HOPE LOVELL DIRECTOR 2.00
Director
$0 $0 $0
HELLENA PUGH DIRECTOR 2.00
Director
$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
2024 No data No data No data No data
2023 $370,777 $316,672 $63,623 $54,105
2022 $429,850 $468,804 $27,397 $-38,954
2021 $374,328 $336,283 $58,232 $38,045
2020 $282,616 $340,131 $31,157 $-57,515
2019 $351,216 $374,097 $45,708 $-22,881
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ATHENA FOUNDATION with other nonprofits in Michigan and across the country.