FEMALE STRONG

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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

2014

Legal Domicile

Principal Officer

NICHOLAS ECONOMOS

Phone

7732739458

Tax Period

2024-07-01 to 2025-06-30

FEMALE STRONG, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $330K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $306K left a modest 7% surplus.

Mission

FEMALE STRONG IS A 501C3 NON-PROFIT ORGANIZATION AND A COMMUNITY OF COMMITTED INDIVIDUALS THAT OFFER HANDS-ON PROGRAMS, MENTORSHIP, AND EXPERIENCES THAT BUILD CONFIDENCE IN MIDDLE AND HIGH SCHOOL GIRLS. WE SUPPORT THE INCLUSION OF ALL GIRL, TRANS, GENDER-FLUID AND NON-BINARY YOUTH AS WE HELP PROPEL THEM TO BECOME FUTURE LEADERS. BY EMPOWERING YOUNG WOMEN WITH THE SKILLS THEY NEED EARLY IN LIFE, WE ARE EQUIPPING THEM TO REALIZE THEIR POTENTIAL, AND PREEMPT THE INEQUITIES THAT EXIST FOR WOMEN IN THE WORKPLACE TODAY.

Program Service Accomplishments

Program 1

Expenses: $207,955 Revenue: $3,769

YEA! PROGRAM - BUILDING THE SKILLS AND CONFIDENCE FOR GIRLS TO THRIVE IN BUSINESS AND LIFE. THIS PROGRAM TEACHES STUDENTS HOW TO SELECT, RESEARCH, VET, DEVELOP, AND MARKET A BUSINESS. FROM IDEA...

YEA! PROGRAM - BUILDING THE SKILLS AND CONFIDENCE FOR GIRLS TO THRIVE IN BUSINESS AND LIFE. THIS PROGRAM TEACHES STUDENTS HOW TO SELECT, RESEARCH, VET, DEVELOP, AND MARKET A BUSINESS. FROM IDEA GENERATION TO PITCHING THEIR BUSINESSES FOR STARTUP INVESTMENT FUNDS, THIS COURSE IS TRULY TRANSFORMATIVE. FEMALE STRONG CAMP OFFERS LOCAL CHICAGO GIRLS AGES 8 TO 12 A TRANSFORMATIVE DAY OF CAREER EXPLORATION AND CONFIDENCE BUILDING. DURING CAMP, STUDENTS TAKE PART IN ACTIVITIES FOCUSED ON SELF DISCOVERY, CURIOSITY, AND COURAGE WHILE PARTICIPATING IN HANDS ON ACTIVITIES, LIVELY GROUP DISCUSSIONS, AND CONVERSATIONS WITH OUR GUEST SPEAKERS. BUSINESS BLAST PROVIDES GRADUATES OF THE YEA! PROGRAM LOOKING TO TAKE THEIR BUSINESS TO THE NEXT LEVEL WITH MENTORSHIP AND GUIDANCE IN A SMALL GROUP SETTING ALONGSIDE OTHER YEA! FOUNDERS. GRADUATES OF THE YEA! PROGRAM ARE INVITED TO BECOME STUDENT AMBASSADORS, WHERE THEY NOT ONLY GET TO TALK ABOUT THEIR EXPERIENCE WITH FEMALE STRONG, BUT ALSO MAKE CONNECTIONS AND CREATE OPPORTUNITIES FOR BOTH THEMSELVES AND THEIR BUSINESS.

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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 $233,492

Program Service Revenue $3,769

Investment Income $0

Other Revenue $92,838

TOTAL REVENUE $330,099

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,882

Fundraising Expenses $33,245

Program Expenses $207,955

Other Expenses $115,979

TOTAL EXPENSES $305,861

Year-over-Year Comparison

	2024	2023	Change
Revenue	$330,099	$361,129	-0.1%
Expenses	$305,861	$361,658	-0.2%
Net Income	$24,238	$-529	-46.8%

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

125

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
EMILY SMITH	BOARD PRESIDENT	5.00	Officer Director	$0	$0	$0
CARRIE PROVENZALE	EXECUTIVE BOARD MEMBER	3.00	Officer Director	$0	$0	$0
NICHOLAS ECONOMOS	TREASURER	1.00	Officer Director	$0	$0	$0
KHALILAH LYONS	BOARD MEMBER	0.50	Director	$0	$0	$0
DINNA YAP	BOARD MEMBER	0.50	Director	$0	$0	$0
MARY CUNNINGHAM	BOARD MEMBER	0.50	Director	$0	$0	$0
J'AI BROWN	BOARD MEMBER	0.50	Director	$0	$0	$0
DR TASHA GREEN CRUZAT	BOARD MEMBER	0.50	Director	$0	$0	$0
PAOLA SPRENZEL	BOARD MEMBER	0.50	Director	$0	$0	$0
ASHLEY DELANO	BOARD MEMBER	0.50	Director	$0	$0	$0
KANDICE MARTINEZ	BOARD MEMBER	0.50	Director	$0	$0	$0
MARGARET MCWEENEY	BOARD MEMBER	0.50	Director	$0	$0	$0
DANIELLE TERRELL	BOARD MEMBER	0.50	Director	$0	$0	$0
CHREE TAYLOR	BOARD MEMBER	0.50	Director	$0	$0	$0
BRENDA DEHART	BOARD MEMBER	0.50	Director	$0	$0	$0
LAURETTE RONDENET	ADVISORY BOARD MEMBER	1.00	Director	$0	$0	$0
ALISON GUTTERMAN	ADVISORY BOARD MEMBER	0.50	Director	$0	$0	$0
RYAN SMITH	ADVISORY BOARD MEMBER	0.50	Director	$0	$0	$0
FLORENCE ANN ROMANO	ADVISORY BOARD MEMBER	0.50	Director	$0	$0	$0
JEN TADIN	ADVISORY BOARD MEMBER	1.00	Director	$0	$0	$0
LIZ HAYES	ADVISORY BOARD MEMBER	1.00	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
2025	$330,099	$305,861	$281,632	$24,238
2024	$361,129	$361,658	$245,063	$-529
2023	$365,498	$269,035	$123,327	$96,463
2022	$187,177	$201,494	$29,923	$-14,317
2021	$236,949	$229,246	$67,489	$7,703