WOMEN'S FOUNDATION OF CALIFORNIA

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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

1979

Legal Domicile

Principal Officer

BEATRIZ VIEIRA

Phone

5107402500

Tax Period

2024-07-01 to 2025-06-30

WOMEN'S FOUNDATION OF CALIFORNIA, founded in 1979, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Net assets of $17.3M represent 29 months of operating reserves.

Mission

WOMEN'S FOUNDATION OF CALIFORNIA AMPLIFIES THE VOICES AND EXPERIENCES OF COMMUNITY LEADERS, REDISTRIBUTES KNOWLEDGE, POWER, AND RESOURCES, AND MOBILIZES COMMUNITIES AND FUNDERS TO ADVANCE JUSTICE FOR ALL.

Program Service Accomplishments

Program 1

Expenses: $2,590,101

PHILANTHROPIC INITIATIVES: THE FOUNDATION PROVIDES GRANTS TO COMMUNITY-LED ORGANIZATIONS. GRANTS ARE MADE TO EXEMPLARY NONPROFIT ORGANIZATIONS THAT ARE REMOVING BARRIERS AND CREATING OPPORTUNITIES...

PHILANTHROPIC INITIATIVES: THE FOUNDATION PROVIDES GRANTS TO COMMUNITY-LED ORGANIZATIONS. GRANTS ARE MADE TO EXEMPLARY NONPROFIT ORGANIZATIONS THAT ARE REMOVING BARRIERS AND CREATING OPPORTUNITIES FOR ADVANCING THE HEALTH, SAFETY AND ECONOMIC SECURITY OF ALL CALIFORNIANS, PARTICULARLY THOSE FROM COMMUNITIES OF COLOR AND LOW-INCOME COMMUNITIES. THE FOUNDATION'S GRANTMAKING REPRESENTS A POWERFUL INVESTMENT IN THE PROGRAMS AND PEOPLE WHO ADVANCE GENDER, RACIAL AND ECONOMIC JUSTICE.

Program 2

Expenses: $1,783,655

POLICY ADVOCACY: THE DR. BEATRIZ MARIA SOLIS POLICY INSTITUTE (SPI) AMPLIFIES THE VOICES OF CALIFORNIA WOMEN THROUGH A YEAR-LONG TRAINING PROGRAM IN STATE AND COUNTY PUBLIC POLICYMAKING. FELLOWS OF DIVERSE BACKGROUNDS AND EXPERIENCES WORK IN TEAMS AND ARE PAIRED WITH A MENTOR TO IMPLEMENT IMPORTANT LEGISLATIVE PROJECTS. TO DATE, SPI HAS TRAINED MORE THAN 600 ADVOCATES AND LOCAL LEADERS AND HELPED PASS MORE THAN 50 NEW STATEWIDE LAWS AND LOCAL POLICIES IMPROVING CALIFORNIANS' HEALTH, SAFETY AND ECONOMIC WELL-BEING. THE SPI ALUM NETWORK FORMS A STATEWIDE COMMUNITY OF STRONG, SAVVY, PASSIONATE LEADERS WHO ARE HELPING TO FORM POLICIES, LAWS AND BUDGETS THAT SUPPORT OUR POLITICAL, SOCIAL AND ECONOMIC LIVES.

Program 3

Expenses: $933,578 Revenue: $42,602

STRATEGIC COMMUNICATIONS: THE FOUNDATION SERVES AS A TRUSTED ALLY AND STRATEGIC CONNECTOR ACROSS THE STATE, HELPING TO BUILD COALITIONS AND CREATE A COMPREHENSIVE FEMINIST POLICY AGENDA. CALIFORNIA WOMEN RISING IS A RECURRING ONLINE GATHERING OF BIPOC, YOUTH AND GRASSROOTS WOMEN LEADERS ENGAGED IN SOCIAL JUSTICE WORK. THE SESSIONS FOCUS ON FINANCIAL EDUCATION, STORYTELLING AND YOUTH LEADERSHIP DEVELOPMENT. CALIFORNIA WOMEN RISING IS DESIGNED TO CREATE SPACE AND TIME TO CELEBRATE TOGETHER, LEARN TOGETHER AND PRACTICE SELF-CARE.

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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 $6,718,672

Program Service Revenue $42,602

Investment Income $331,939

Other Revenue $129,766

TOTAL REVENUE $7,222,979

Expense Breakdown

Grants Paid $1,957,698

Salaries & Benefits $4,087,788

Fundraising Expenses $1,007,809

Program Expenses $5,307,334

Other Expenses $1,409,029

TOTAL EXPENSES $7,454,515

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,222,979	$9,060,467	-0.2%
Expenses	$7,454,515	$9,764,272	-0.2%
Net Income	$-231,536	$-703,805	-0.7%

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

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

$1,302,745

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER CHOU	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
FABIOLA DECARATACHEA	BOARD VICE-CHAIR	2.00	Officer Director	$0	$0	$0
ELIZABETH ESCAMILLA	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
DIANE MANUEL	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
KIM ALVARENGA	DIRECTOR	2.00	Director	$0	$0	$0
ELMY BERMEJO	DIRECTOR	2.00	Director	$0	$0	$0
ANGELICA FELIX	DIRECTOR	2.00	Director	$0	$0	$0
ALDITA GALLARDO	DIRECTOR	2.00	Director	$0	$0	$0
EUNISSES HERNANDEZ	DIRECTOR	2.00	Director	$0	$0	$0
PRISCILLA HUANG	DIRECTOR	2.00	Director	$0	$0	$0
ELLEN KAMOE	DIRECTOR	2.00	Director	$0	$0	$0
AUTUMN MCDONALD	DIRECTOR	2.00	Director	$0	$0	$0
ALICIA OLIVAREZ	DIRECTOR	2.00	Director	$0	$0	$0
QUENCY PHILLIPS	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN PRITZKER	DIRECTOR	2.00	Director	$0	$0	$0
SAMALA	DIRECTOR	2.00	Director	$0	$0	$0
ANNA MALAIKA	DIRECTOR	2.00	Director	$0	$0	$0
ARIA SA'ID	DIRECTOR ENDED 1/25	2.00	Director	$0	$0	$0
HOLLY J MITCHELL	DIRECTOR ENDED 1/25	2.00	Director	$0	$0	$0
KIM CARTER	DIRECTOR ENDED 11/24	2.00	Director	$0	$0	$0
DION ARONER	DIRECTOR ENDED 10/24	2.00	Director	$0	$0	$0
CHRISTINE REYES	CHIEF FINANCIAL OFFICER	32.00	Officer	$275,938	$46,856	$322,794
BEATRIZ VIEIRA	CHIEF EXECTUTIVE OFFICER	32.00	Officer	$315,549	$44,235	$359,784
STEPHANIE GREEN	CHIEF STRATEGIST OF DEVELOPMENT	32.00	Officer	$210,176	$33,294	$243,470
KAMIKA DUNLAP CHIEF STRATEGIST OF C	CHIEF STRATEGIST OF COMMUNICATIONS	32.00	Officer	$134,028	$18,759	$152,787
MARISOL FRANCO	CHIEF STRATEGIST OF PROGRAMS	32.00	Officer	$197,542	$26,368	$223,910
KANITRA LOPEZ	DIRECTOR	32.00	Highest	$172,214	$41,091	$213,305
JANE LIN	DIRECTOR	32.00	Highest	$150,630	$31,291	$181,921
LIZA SIEGLER	DIRECTOR	32.00	Highest	$143,427	$15,057	$158,484
DONYA SAUNDERS	DIRECTOR	32.00	Highest	$129,089	$25,363	$154,452
ALLYSON DEARMAN	EXECUTIVE ADMIN	32.00	Highest	$123,987	$19,017	$143,004
SURINA KHAN	FORMER DIRECTOR	32.00		$389,089	$14,750	$403,839

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	$7,222,979	$7,454,515	$18,068,117	$-231,536
2024	$9,060,467	$9,764,272	$20,013,342	$-703,805
2023	$11,694,983	$14,331,271	$20,616,549	$-2,636,288
2022	$10,463,697	$10,157,583	$20,392,428	$306,114
2021	$12,207,942	$8,414,799	$20,605,607	$3,793,143
2020	$13,919,394	$15,063,599	$16,709,449	$-1,144,205
2019	$12,432,245	$5,673,740	$18,285,662	$6,758,505
2018	$4,844,294	$5,176,224	$10,975,630	$-331,930