WOMEN'S ECONOMIC VENTURES

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

NICOLA PARR

Phone

8059656073

Tax Period

2023-01-01 to 2023-12-31

WOMEN'S ECONOMIC VENTURES, founded in 1981, is a community nonprofit in the Public & Societal Benefit sector that reported $4.2M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

WOMEN'S ECONOMINC VENTURES (WEV) IS DEDICATED TO CREATING AN EQUITABLE AND JUST SOCIETY THROUGH THE ECONOMIC EMPOWERMENT OF WOMEN.

Program Service Accomplishments

Program 1

Expenses: $3,704,140 Revenue: $284,588

WOMEN'S ECONOMIC VENTURES (WEV) PROVIDES SMALL BUSINESS LOANS, BUSINESS TRAINING, AND TECHNICAL ASSISTANCE TO HELP PRIMARILY LOW INCOME WOMEN START OR EXPAND A SMALL BUSINESS. WEV IS A COMMUNITY...

WOMEN'S ECONOMIC VENTURES (WEV) PROVIDES SMALL BUSINESS LOANS, BUSINESS TRAINING, AND TECHNICAL ASSISTANCE TO HELP PRIMARILY LOW INCOME WOMEN START OR EXPAND A SMALL BUSINESS. WEV IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND PROVIDES MICRO ENTERPRISE LOANS OF UP TO $25,000 TO STARTUPS AND BUSINESS EXPANSION LOANS OF UP TO $50,000 TO PREBANKABLE BUSINESSES. WEV SERVES BOTH MEN AND WOMEN IN ALL PROGRAMS. IN 2023 WEV PROVIDED TRAINING AND TECHNICAL ASSISTANCE, INCLUDING 1,648 SESSIONS OF INDIVIDUAL CONSULTING TO 309 CLIENTS AND PROVIDED 21 BUSINESS LOANS TOTALING $407,500.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,772,658

Program Service Revenue $284,588

Investment Income $141,151

Other Revenue $0

TOTAL REVENUE $4,198,397

Expense Breakdown

Grants Paid $826,250

Salaries & Benefits $2,714,846

Fundraising Expenses $290,458

Program Expenses $3,704,140

Other Expenses $919,377

TOTAL EXPENSES $4,460,473

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,198,397	$3,113,690	+0.3%
Expenses	$4,460,473	$4,194,843	+0.1%
Net Income	$-262,076	$-1,081,153	-0.8%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$271,463

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHY ODELL	CEO/PRESIDENT	40.00	Officer	$174,238	$1,632	$175,870
NICOLA PARR	COO	40.00	Highest	$134,849	$13,285	$148,134
MARNI BROOK	DIRECTOR OF LENDING	40.00	Highest	$105,581	$17,614	$123,195
DEVON JOHNSON	DIRECTOR OF GRANTS AND IMPACT	40.00	Highest	$105,346	$3,471	$108,817
BARBARA MACNAUGHTON	DIRECTOR OF DEVELOPMENT	40.00	Highest	$105,720	$10,608	$116,328
DEBORAH RIVAS	CONTROLLER	40.00	Officer	$92,000	$3,593	$95,593
BANKS STAPLES PECHT	CHAIR	2.00	Officer Director	$0	$0	$0
ANDY WINCHESTER	CO-VICE CHAIR	2.00	Officer Director	$0	$0	$0
SCOTT HANSEN	CO-VICE CHAIR	2.00	Officer Director	$0	$0	$0
NANCY CROUSE	TREASURER	2.00	Officer Director	$0	$0	$0
LINDA ROSSI	SECRETARY	2.00	Officer Director	$0	$0	$0
KATYA ARMISTEAD	BOARD MEMBER	2.00	Director	$0	$0	$0
VINCE CABALLERO	BOARD MEMBER	2.00	Director	$0	$0	$0
KRISTINA ERIKSEN	BOARD MEMBER	2.00	Director	$0	$0	$0
ELAINE KITAGAWA	BOARD MEMBER	2.00	Director	$0	$0	$0
EMILY LATOUR	BOARD MEMBER	2.00	Director	$0	$0	$0
MELISSA LIVINGSTON	BOARD MEMBER	2.00	Director	$0	$0	$0
ALE ORTEGA-BOTELLO	BOARD MEMBER	2.00	Director	$0	$0	$0
DEANNA STEIGER	BOARD MEMBER	2.00	Director	$0	$0	$0
JUNEMARIE JUSTUS	BOARD MEMBER	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	No data	No data	No data	No data
2023	$4,198,397	$4,460,473	$6,754,564	$-262,076
2022	$3,113,690	$4,194,843	$6,567,261	$-1,081,153
2021	$3,164,689	$3,222,549	$6,923,998	$-57,860
2020	$3,163,651	$3,049,938	$6,648,216	$113,713
2019	$2,553,496	$2,722,862	$5,632,860	$-169,366
2018	$5,286,886	$2,170,136	$5,090,038	$3,116,750