SAN DIEGO WOMANS CLUB FOUNDATION

EIN: 863819628 501(c)(3) Community Improvement

SAN DIEGO, CA

Total Revenue
$140,441
Total Expenses
$314,333
Total Assets
$3,525,018
Net Assets
$3,525,018
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
KAREN REED
Phone
6199859085
Tax Period
2023-06-01 to 2024-05-31

SAN DIEGO WOMANS CLUB FOUNDATION, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $140K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $314K exceeded revenue, resulting in a 124% operating deficit.

Mission

The specific purpose of this Corporation is to engage solely in charitableactivities within the scope of Section 501(c)(3) of the Internal Revenue Code that further the charitable mission of The San Diego Woman's Club (EIN:95-1185995) (the 'Supported Organization'), a nonprofit public benefit corporation incorporated in the State of California on February 18, 1892. TheCorporation is organized and will be operated exclusively to carry out the charitable functions, purposes, and/or programs of the SupportedOrganization. The Corporation is a Type I supporting organization of the Supported Organization, as such term is described by Code Section 509(a)(3)(B)(i). The principal mission of the Supported Organization is to promote the social, moral, and intellectual improvement of the members of thecorporation and others. The Corporation will primarily support the Supported Organization by both providing funding to the Supported Organizationand/or by carrying out some of the Supported Organizat

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,000
Program Service Revenue $0
Investment Income $133,316
Other Revenue $2,125
TOTAL REVENUE $140,441

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $310,586
Other Expenses $314,333
TOTAL EXPENSES $314,333

Year-over-Year Comparison

2023 2022 Change
Revenue $140,441 $157,535 -0.1%
Expenses $314,333 $230,167 +0.4%
Net Income $-173,892 $-72,632 +1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
N/A
Employees
N/A
Volunteers
40

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN REED President 0.00
Officer
$0 $0 $0
SANDRA LUEBBEN Treasurer 0.00
Officer
$0 $0 $0
CHRISTIANN STEWART Corres Secy 0.00
Officer
$0 $0 $0
JANNY BOUSSON Recording Secy 0.00
Officer
$0 $0 $0
JUDY MANTLE 1st Vice Pres 0.00
Officer
$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 $140,441 $314,333 $3,525,018 $-173,892
2023 $157,535 $230,167 $3,322,553 $-72,632
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