Civic Intelligence

Women'S Forum Inc

990 • Fiscal year 2014 • EIN 13-2857308

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 05, 2015

59 E 54th Street Suite 81New York, NY 10022

(212) 447-9107

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.04x

Higher debt load relative to assets than 52% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

49th percentile

0.04x

Higher debt load relative to revenue than 49% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Net Margin

33rd percentile

-1.8%

Higher net margin than 33% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

95th percentile

$138,600

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 20.6% of source-year revenue.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Asset Growth

26th percentile

-3.8%

Faster asset growth than 26% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

-0.5%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$634,574

Down $25,275 (-3.8%) from 2013

Net Assets

Down

$607,760

Down $33,150 (-5.2%) from 2013

Liabilities

Up

$26,814

Up $7,875 (+42%) from 2013

Revenue

Down

$672,156

Down $3,379 (-0.5%) from 2013

Expenses

Up

$683,961

Up $82,369 (+14%) from 2013

Net Income

Down

-$11,805

Down $85,748 (-116%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $805,646Liabilities 2011: $320,080Net Assets 2011: $485,5662011Assets 2012: $542,820Liabilities 2012: $16,731Net Assets 2012: $526,0892012Assets 2013: $659,849Liabilities 2013: $18,939Net Assets 2013: $640,9102013Assets 2014: $634,574Liabilities 2014: $26,814Net Assets 2014: $607,7602014Assets 2015: $827,017Liabilities 2015: $57,994Net Assets 2015: $769,0232015Assets 2016: $821,065Liabilities 2016: $60,138Net Assets 2016: $760,9272016Assets 2017: $926,748Liabilities 2017: $91,506Net Assets 2017: $835,2422017Assets 2018: $886,465Liabilities 2018: $49,213Net Assets 2018: $837,2522018Assets 2019: $1,014,402Liabilities 2019: $78,382Net Assets 2019: $936,0202019Assets 2020: $984,605Liabilities 2020: $77,127Net Assets 2020: $907,4782020Assets 2021: $980,683Liabilities 2021: $55,860Net Assets 2021: $924,8232021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2014

Assets$634,574
Liabilities$26,814
Net Assets$607,760

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $171,157Expenses 2011: $126,529Net Income 2011: $44,6282011Expenses 2012: $494,7572012Revenue 2013: $675,535Expenses 2013: $601,592Net Income 2013: $73,9432013Revenue 2014: $672,156Expenses 2014: $683,961Net Income 2014: -$11,8052014Revenue 2015: $1,272,649Expenses 2015: $1,044,698Net Income 2015: $227,9512015Revenue 2016: $701,104Expenses 2016: $747,511Net Income 2016: -$46,4072016Revenue 2017: $920,500Expenses 2017: $913,473Net Income 2017: $7,0272017Revenue 2018: $841,359Expenses 2018: $754,500Net Income 2018: $86,8592018Revenue 2019: $968,401Expenses 2019: $938,374Net Income 2019: $30,0272019Revenue 2020: $970,028Expenses 2020: $1,054,501Net Income 2020: -$84,4732020Revenue 2021: $988,897Expenses 2021: $1,032,163Net Income 2021: -$43,2662021Revenue 2022: $1,017,011Expenses 2022: $1,091,744Net Income 2022: -$74,7332022

Highlighted filing

2014

Revenue$672,156
Expenses$683,961
Net Income-$11,805
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 5, 2015
Return Version
2014v5.0
Gross Receipts
$875,684
Mission and Program Overview

Mission

The women's forum is a community where pre-eminent new york women leaders of diverse achievement come together to make a difference for each other and to take an active leadership role in matters of importance to them.

The women's forum inc. "wfi" is new york's premier organization of women leaders comprised of the highest women achievers across all professional sectors from finance to fine arts.wfi advances women's leadership three ways:- through our core programming which provides personal and professional enrichment to our members - through our education fund which provides education awards to high potential women whose careers have been derailed by adversity - through our board initiative which expands and extends the contribution of women leaders through participation on corporate and civic boards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$502,433$528,349▲ $25,916
Cash and Non-Interest-Bearing Accounts$113,248$40,955▼ $72,293
Pledges and Grants Receivable$28,000--
Land, Buildings, and Equipment, Net$0$21,251▲ $21,251
Accounts Receivable$7,403$10,203▲ $2,800
Savings and Temporary Cash Investments$8,765$9,176▲ $411
Total Assets$659,849$634,574▼ $25,275
Other Assets Total$0$24,640▲ $24,640
Liabilities
Deferred Revenue-$15,663-
Accounts Payable and Accrued Expenses$18,939$11,151▼ $7,788
Total Liabilities$18,939$26,814▲ $7,875
Net Assets / Fund Balance
Unrestricted Net Assets$640,910$607,760▼ $33,150
Total Net Assets Fund Balance$640,910$607,760▼ $33,150
Total Liabilities and Net Assets / Fund Balance$659,849$634,574▼ $25,275

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,251$8,779$30,030
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rita B CrottyExecutive DirectorFT$132,000$6,600$138,600

Board Members and Trustees

NameTitle
Ami KaplanPresident
Doris MeisterPresident - Term Ended 1/14
Liz NeumarkVice President
Melinda WolfeVice President - Term Ended 1/14
Alexandra Wilkis WilsonDirector
Ann SarnoffDirector
Anne DonovanDirector
Dara Richardson-heronDirector
Eugenia UlasewiczDirector
Jane ChmielinskiDirector
Laura WalkerDirector
Lauren C AndersonDirector
Linda AddisonDirector
Lisa DennisonDirector
Lisa Garcia QuirozDirector
Monica MachonDirector
Pamela BaxterDirector
Rikki KliemanDirector
Sheena WrightDirector
Amy ButteDirector - Term Ended 1/14
Catherine KeatingDirector - Term Ended 1/14
Kathleen DoreDirector - Term Ended 1/14
Kathryn SwintekDirector - Term Ended 1/14
Carolyn CarterSecretary
Tracey TravisSecretary - Term Ended 1/14
Anu JayantiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$549,433
Investment Income
$47,673
Other Revenue
$75,050
Change in Net Assets
$-11,805
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$438,669
Salaries, Compensation, and Employee Benefits$245,292
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$110,880$27,720-$138,600
Other Salaries and Wages$51,075$34,050-$85,125
Office Expenses$45,598$21,647-$67,245
Occupancy$30,419$12,260-$42,679
Information Technology-$31,991-$31,991
Travel$30,509--$30,509
Fees for Services Accounting-$26,000-$26,000
Payroll Taxes$11,961$4,652-$16,613
Other Expenses$199,291$13,970-$13,970
Fees for Services Other-$12,440-$12,440
Conferences and Meetings$7,837--$7,837
Insurance$3,483$1,356-$4,839
Pension Plan Contributions$2,761$1,729-$4,490
Depreciation Depletion-$1,118-$1,118
Fees for Service Investment Mgmnt Fees-$750-$750
Other Employee Benefits$278$186-$464
Total Functional Expenses$494,092$189,869$0$683,961
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members shall be fixed by the board of directors from time to time, but shall not be less than 101.

Form 990, Part VI, Section A, Line 7A

The officers, directors, and membership-elected members of committees shall be elected at the annual meeting of the membership.

Form 990, Part VI, Section A, Line 7B

Amendments to the by-laws of the organization require the approval of the members.

Form 990, Part VI, Section B, Line 11

The women's forum inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. After the form 990 has been prepared, it is reviewed by the board treasurer and management with the outside accounting firm. Once it is ready to be filed with the internal revenue service, it is electronically sent to the board members of the organization prior to such filing.

Form 990, Part VI, Section B, Line 12C

The women's forum has a conflict of interest policy. In accordance with the policy a conflict of interest statement is completed annually by directors and officers as well as management staff. If there is a potential conflict at the board level, the member will recuse herself from deliberations and voting on that issue.

Form 990, Part VI, Section B, Line 15A

The executive committee of the board completed a review of the executive director's compensation in december 2014. Comparable data from similar organizations was used to determine her salary. The board documented their review, and approval of the executive director's compensation.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code by posting it on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 59 east 54th street suite 81, new york, ny 10022 or by calling the organization directly at (212)-447-9107.

Filing and Contact Details

Filer

Filer Name
Womens Forum Inc
EIN
13-2857308
Phone
2124479107
Address
59 E 54TH STREET SUITE 81, NEW YORK, NY 10022

Signing Officer

Name
Anuradha T Jayanti
Title
Treasurer
Phone
2124479107
Signed
2015-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rita B Crotty
Formed
1974
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
19
Employees
3
Volunteers
26

Preparer

Firm
O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Barbara Van Bergen
Phone
9143818900
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The women's forum recognizes the effect of income tax positions only if they are more likely than not to be sustained. Management has determined that the women's forum had no uncertain tax positions that would require financial statement recognition or disclosure. The women's forum is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to december 31, 2011.

Raw XML AppendixShowing 400 of 553 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE WOMEN'S FORUM INC. "WFI" IS NEW YORK'S PREMIER ORGANIZATION OF WOMEN LEADERS COMPRISED OF THE HIGHEST WOMEN ACHIEVERS ACROSS ALL PROFESSIONAL SECTORS FROM FINANCE TO FINE ARTS.WFI ADVANCES WOMEN'S LEADERSHIP THREE WAYS:- THROUGH OUR CORE PROGRAMMING WHICH PROVIDES PERSONAL AND PROFESSIONAL ENRICHMENT TO OUR MEMBERS - THROUGH OUR EDUCATION FUND WHICH PROVIDES EDUCATION AWARDS TO HIGH POTENTIAL WOMEN WHOSE CAREERS HAVE BEEN DERAILED BY ADVERSITY - THROUGH OUR BOARD INITIATIVE WHICH EXPANDS AND EXTENDS THE CONTRIBUTION OF WOMEN LEADERS THROUGH PARTICIPATION ON CORPORATE AND CIVIC BOARDS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR - TERM ENDED 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR - TERM ENDED 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR - TERM ENDED 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY - TERM ENDED 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT - TERM ENDED 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT - TERM ENDED 1/14
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
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