WOMEN IN THE HOME INDUSTRY TODAY I… - 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

2001

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

WOMEN IN THE HOME INDUSTRY TODAY INC, founded in 2001, is a small nonprofit that reported $416K in total revenue in fiscal year 2023. Expenses of $386K left a modest 7% surplus.

Mission

TO ENCOURAGE AND DEVELOP LEADERSHIP, MENTORING, EDUCATION AND OPPORTUNITY FOR PROFESSIONAL WOMEN IN THE HOME FURNISHINGS INDUSTRY

Program Service Accomplishments

Program 1

Expenses: $98,204

CONVENTIONS / SEMINARS PROVIDE BUSINESS AND EDUCATIONAL OPPORTUNITIES AND SHARE IDEAS AND EDUCATION WITHIN THE INDUSTRY

Program 2

Expenses: $23,414

WOW AWARDS

Program 3

Expenses: $3,493

NEWSLETTER ALLOWS MEMBERS TO BE UPDATED ON ISSUES DURING THE YEAR AND IN BETWEEN MEETINGS, INTEGRATED WEBSITE FOR USERS

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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 $84,747

Program Service Revenue $327,758

Investment Income $3,250

Other Revenue $0

TOTAL REVENUE $415,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $85,341

Fundraising Expenses $0

Program Expenses $125,111

Other Expenses $300,899

TOTAL EXPENSES $386,240

Year-over-Year Comparison

	2023	2022	Change
Revenue	$415,755	$424,290	0.0%
Expenses	$386,240	$400,119	0.0%
Net Income	$29,515	$24,171	+0.2%

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

N/A

Employees

Volunteers

N/A

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
JENNY TINSLEY	PROFESSIONAL DEVELOPMENT	0.00	Director	$0	$0	$0
JESSICA NORBY	2ND VICE PRESIDENT	0.00	Director	$0	$0	$0
PARIS GHOLSTON	SCHOLARSHIP	0.00	Director	$0	$0	$0
ASHLEY GRIGG	MARKETING	0.00	Director	$0	$0	$0
KATIE SMARR	EVENTS	0.00	Director	$0	$0	$0
MONI NIGAM	EMERGING LEADERS	0.00	Director	$0	$0	$0
ANNA FERGUSON	NETWORKING	0.00	Director	$0	$0	$0
RENEE LOPER-BOYD	CHARIMAN	0.00	Director	$0	$0	$0
SYDNEY HARRIS	MEMBERSHIP	0.00	Director	$0	$0	$0
BONNIE WALLACE	SECRETARY	0.00	Director	$0	$0	$0
EMILY BOYST	PRESIDENT	0.00	Director	$0	$0	$0
LORRI KELLEY	EAC LIAISON	0.00	Director	$0	$0	$0
AMY VAN DORP	DIRECTOR	40.00	Director Key Emp	$0	$0	$0
LORI DOLNICK	TECHNOLOGY	0.00	Director	$0	$0	$0
SHELLY HEAD	TREASURER	0.00	Director	$0	$0	$0
TORI EVANS	PRESIDENT ELECT	0.00	Director	$0	$0	$0
CATNY VALENT	BUSINESS DEVELOPMENT	0.00	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	$415,755	$386,240	$330,605	$29,515
2022	$424,290	$400,119	$281,590	$24,171
2021	$269,309	$209,586	$341,786	$59,723
2020	$185,744	$183,575	$285,498	$2,169
2019	$361,469	$343,301	$191,648	$18,168
2018	$335,635	$318,782	$182,069	$16,853

WOMEN IN THE HOME INDUSTRY TODAY INC