WOMEN'S ECONOMIC VENTURES

EIN: 953674624 501(c)(3) Public & Societal Benefit

SANTA BARBARA, CA

Total Revenue
$4,198,397
Total Expenses
$4,460,473
Total Assets
$6,754,564
Net Assets
$3,093,400
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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
1981
Legal Domicile
CA
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 ECONOMIC VENTURES IS DEDICATED TO THE ECONOMIC EMPOWERMENT OF WOMEN CULTIVATING THE POWER WITHIN EACH WOMAN TO REALIZE HER DREAMS, ACHIEVE FINANCIAL INDEPENDENCE AND SUCCEED ON HER OWN TERMS.

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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 $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
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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

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Governance

Voting Members
14
Independent Members
14
Employees
58
Volunteers
85

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
7
$271,463
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
4
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
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