Institute of Women & Ethnic Studies

EIN: 721244155 501(c)(3) Social Science

New Orleans, LA

Total Revenue
$8,230,037
Total Expenses
$3,575,507
Total Assets
$9,613,293
Net Assets
$9,292,122
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
LA
Principal Officer
Lisa Richardson
Phone
5045997712
Tax Period
2024-01-01 to 2024-12-31

INSTITUTE OF WOMEN AND ETHNIC STUDIES, founded in 1993, is a community nonprofit in the Social Science sector that reported $2.1M in total revenue in fiscal year 2018. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 70% operating deficit.

Mission

IWES is dedicated to improving the mental, physical, and spiritual health and quality of life for woman, their families and communities of color, particularly among marginalized populations using community-driven research, programs, training, and advocacy.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,635,142
Program Service Revenue $419,034
Investment Income $175,861
Other Revenue $0
TOTAL REVENUE $8,230,037

Expense Breakdown

Grants Paid $23,391
Salaries & Benefits $2,429,079
Fundraising Expenses $189,423
Program Expenses $2,779,661
Other Expenses $1,123,037
TOTAL EXPENSES $3,575,507

Year-over-Year Comparison

2024 2023 Change
Revenue $8,230,037 $3,890,212 +1.1%
Expenses $3,575,507 $4,676,810 -0.2%
Net Income $4,654,530 $-786,598 -6.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
31
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
4
$231,718
Total Directors
6
$231,718
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Richardson President & CEO 40.00
Officer Director
$219,252 $12,466 $231,718
Denese Shervington Technical Advisor 40.00
$215,294 $12,460 $227,754
Iman Shervington Director of Media 40.00
$139,252 $12,466 $151,718
Christina Illarmo CHC Director 40.00
$114,252 $12,466 $126,718
Loi Tran Finance Director 40.00
$101,252 $12,466 $113,718
Michele Moore Chairman 2.00
Officer Director
$0 $0 $0
Kandice Doley Treasurer 2.00
Officer Director
$0 $0 $0
Stephani Hatch Richards Director 1.00
Director
$0 $0 $0
Dorothy Peprah Secretary 1.00
Officer Director
$0 $0 $0
Erica Gollub Director 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
2024 $8,230,037 $3,575,507 $9,613,293 $4,654,530
2023 $3,890,212 $4,676,810 $5,076,249 $-786,598
2022 $5,335,757 $5,467,627 $6,090,986 $-131,870
2021 $8,036,478 $5,235,547 $6,430,304 $2,800,931
2020 $3,491,167 $4,130,058 $3,991,713 $-638,891
2019 $4,962,725 $4,172,207 $3,670,878 $790,518
2018 $2,099,489 $3,562,128 $2,304,931 $-1,462,639
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