Wings World Quest Inc

EIN: 542137595 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$639,411
Total Expenses
$697,206
Total Assets
$281,959
Net Assets
$180,158
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
Meredith Ayan
Phone
9177639914
Tax Period
2024-01-01 to 2024-12-31

Wings World Quest Inc, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $639K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

WINGS recognizes and supports women leaders making important discoveries in science and exploration.We award unrestricted grants to WINGS Fellows to support their quests to find solutions to global problems through bold research and exploration projects. Grants and honoraria are awarded to Women of Discovery Awardees, Flag Carriers and speakers.We serve a growing global community of Fellows and Flag Carriers by providing a platform through which they can network, share achievements and garner support for their work.Our various events, such as our Women of Discovery Annual Gala, Explorer Talks, and Global Explorers Forum, celebrate and showcase the groundbreaking expeditions of these women scientists and explorers, whose discoveries advance scientific inquiry, stimulate conservation, and lead to better understanding of our world.By showcasing the work of our intrepid scientists andexplorers we are inspiring young girls to follow a career path that they may never have thought possible.

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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 (2024)

Revenue Breakdown

Contributions & Grants $373,389
Program Service Revenue $25,269
Investment Income $23
Other Revenue $240,730
TOTAL REVENUE $639,411

Expense Breakdown

Grants Paid $134,500
Salaries & Benefits $156,000
Fundraising Expenses $86,205
Program Expenses $500,746
Other Expenses $406,706
TOTAL EXPENSES $697,206

Year-over-Year Comparison

2024 2023 Change
Revenue $639,411 $534,139 +0.2%
Expenses $697,206 $442,185 +0.6%
Net Income $-57,795 $91,954 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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

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Governance

Voting Members
16
Independent Members
14
Employees
N/A
Volunteers
30

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
5
$156,000
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Meredith Ayan CEO 40.00
Officer
$156,000 $0 $156,000
Mary Britt Treasurer 5.00
Officer Director
$0 $0 $0
Beth Nixon Trustee 2.00
Director
$0 $0 $0
Maud Welles Vice Chair 5.00
Officer Director
$0 $0 $0
Ann Bancroft Trustee 2.00
Director
$0 $0 $0
CLAIRE WERNER Chair 5.00
Officer Director
$0 $0 $0
KAREN ZIEFF Trustee 2.00
Director
$0 $0 $0
HILLARY WALLACE Trustee 2.00
Director
$0 $0 $0
CATHERINE CHALMERS Trustee 2.00
Director
$0 $0 $0
ELIZABETH DEWAILLY Trustee 2.00
Director
$0 $0 $0
MANDE HOLFORD Trustee 2.00
Director
$0 $0 $0
KRITHI KARANTH Trustee 2.00
Director
$0 $0 $0
JEANINE MCHUGH Secretary 2.00
Officer Director
$0 $0 $0
Nina Rumbough Trustee 2.00
Director
$0 $0 $0
Marti Marache Trustee 2.00
Director
$0 $0 $0
Margo Alexander Trustee 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 $639,411 $697,206 $281,959 $-57,795
2023 $534,139 $442,185 $308,898 $91,954
2022 $246,145 $215,101 $193,125 $31,044
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