Civic Intelligence

Womens Way

990 • Fiscal year 2022 • EIN 23-1989161

Sep 01, 2021 to Aug 31, 2022 • Filed on Mar 21, 2023

Organization Profilewomensway.org

View Organization Page

123 South Broad Street 1320Philadelphia, PA 19109

(215) 985-3322

Siviq Scores

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

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

34th percentile

0.03x

Higher debt load relative to revenue than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

54th percentile

8.9%

Higher net margin than 54% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$152,985

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

13th percentile

-15%

Faster asset growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

4.1%

Faster revenue growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets31st percentile

Assets

Down

$3,525,322

Down $604,100 (-15%) from 2021

Net Assets

Down

$3,487,482

Down $548,633 (-14%) from 2021

Liabilities

Down

$37,840

Down $55,467 (-59%) from 2021

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin54th percentile

Revenue

Up

$1,367,096

Up $53,315 (+4.1%) from 2021

Expenses

Up

$1,245,282

Up $249,528 (+25%) from 2021

Net Income

Down

$121,814

Down $196,213 (-62%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,493,401Liabilities 2011: $87,517Net Assets 2011: $1,405,8842011Assets 2012: $1,631,135Liabilities 2012: $39,634Net Assets 2012: $1,591,5012012Assets 2013: $2,821,236Liabilities 2013: $66,354Net Assets 2013: $2,754,8822013Assets 2014: $2,906,520Liabilities 2014: $43,698Net Assets 2014: $2,862,8222014Assets 2015: $2,845,057Liabilities 2015: $22,131Net Assets 2015: $2,822,9262015Assets 2016: $2,662,443Liabilities 2016: $12,927Net Assets 2016: $2,649,5162016Assets 2017: $2,823,910Liabilities 2017: $10,722Net Assets 2017: $2,813,1882017Assets 2018: $3,052,601Liabilities 2018: $15,581Net Assets 2018: $3,037,0202018Assets 2019: $3,180,815Liabilities 2019: $17,599Net Assets 2019: $3,163,2162019Assets 2020: $3,469,747Liabilities 2020: $123,283Net Assets 2020: $3,346,4642020Assets 2021: $4,129,422Liabilities 2021: $93,307Net Assets 2021: $4,036,1152021Assets 2022: $3,525,322Liabilities 2022: $37,840Net Assets 2022: $3,487,4822022Assets 2023: $3,353,710Liabilities 2023: $62,288Net Assets 2023: $3,291,4222023Assets 2024: $3,570,827Liabilities 2024: $12,931Net Assets 2024: $3,557,8962024

Highlighted filing

2022

Assets$3,525,322
Liabilities$37,840
Net Assets$3,487,482
Open 2022 Filing

Operations Trend

Revenue Growth47th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,259,650Expenses 2011: $1,285,965Net Income 2011: -$26,3152011Revenue 2012: $1,513,880Expenses 2012: $1,321,180Net Income 2012: $192,7002012Revenue 2013: $2,708,247Expenses 2013: $1,480,367Net Income 2013: $1,227,8802013Revenue 2014: $1,087,048Expenses 2014: $1,198,931Net Income 2014: -$111,8832014Revenue 2015: $1,376,400Expenses 2015: $1,124,044Net Income 2015: $252,3562015Revenue 2016: $543,569Expenses 2016: $860,999Net Income 2016: -$317,4302016Revenue 2017: $693,841Expenses 2017: $744,362Net Income 2017: -$50,5212017Revenue 2018: $876,393Expenses 2018: $745,351Net Income 2018: $131,0422018Revenue 2019: $1,049,524Expenses 2019: $857,994Net Income 2019: $191,5302019Revenue 2020: $992,508Expenses 2020: $964,834Net Income 2020: $27,6742020Revenue 2021: $1,313,781Expenses 2021: $995,754Net Income 2021: $318,0272021Revenue 2022: $1,367,096Expenses 2022: $1,245,282Net Income 2022: $121,8142022Revenue 2023: $1,031,492Expenses 2023: $1,409,538Net Income 2023: -$378,0462023Revenue 2024: $1,155,719Expenses 2024: $1,220,372Net Income 2024: -$64,6532024

Highlighted filing

2022

Revenue$1,367,096
Expenses$1,245,282
Net Income$121,814
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Mar 21, 2023
Return Version
2021v4.1
Gross Receipts
$1,840,368
Mission and Program Overview

Mission

For over 45 years, women's way has courageously taken positions on cutting edge issues relating to women and girls. The organization's work has been uniquely strategic and impactful, engaging and convening people from all walks of life to create a truly collective and "powerful" voice for women. In 2020, women's way implemented a three-year strategic plan focused on connecting and empowering the community and cultivating high impact philanthropy across the region. Our work is guided by four pillars of focus: 1) advancing reproductive justice and sexual health, 2) increasing safety against gender-based violence, 3) promoting economic self-sufficiency and justice, and 4) developing the leadership of girls and young women. We address these issues through three key programs: grantmaking, research, and education.

Women's way is the greater philadelphia region's leading nonprofit organization dedicated to the advancement of women, girls, and gender equity. Established in the mid-70's, the organization inspires and mobilizes the community to invest in organizations and leaders that will advance the rights of and opportunities for women and girls, and achieve gender equity for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,184,782$2,560,796▼ $623,986
Savings and Temporary Cash Investments$771,972$851,200▲ $79,228
Pledges and Grants Receivable$103,178$43,876▼ $59,302
Prepaid Expenses and Deferred Charges$37,693$40,022▲ $2,329
Land, Buildings, and Equipment, Net$10,329$7,745▼ $2,584
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,129,422$3,525,322▼ $604,100
Other Assets Total$21,468$21,683▲ $215
Liabilities
Unsecured Notes Loans Payable$80,765--
Accounts Payable and Accrued Expenses$10,282$32,978▲ $22,696
Deferred Revenue-$4,565-
Other Liabilities$2,260$297▼ $1,963
Total Liabilities$93,307$37,840▼ $55,467
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,652,931$3,128,799▼ $524,132
Net Assets With Donor Restrictions$383,184$358,683▼ $24,501
Total Net Assets Fund Balance$4,036,115$3,487,482▼ $548,633
Total Liabilities and Net Assets / Fund Balance$4,129,422$3,525,322▼ $604,100

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,745$59,801$67,546

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$3,140,275-▼ $412,184$110,744$2,590,907
2020$2,530,945-▲ $734,517$102,749$3,140,275
2019$2,412,784-▲ $234,297$110,744$2,530,945
2018$2,487,612-▲ $38,200$94,141$2,412,784
2017$2,335,204-▲ $262,231$93,686$2,487,612
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Diane Cornman-levyExecutive DirectorFT$133,867$19,118$152,985

Board Members and Trustees

NameTitle
Cynthia RitterChairman
Myra BrownVice-chair
Adam LandauDirector
Adrian HarrisDirector
Anita LewisDirector
Antionette LeeDirector
Caitlyn BoyleDirector
Celeste CollinsDirector
Don ForceyDirector
Jennedy JohnsonDirector
Joanne ShallcrossDirector
Laura BelmontDirector
Monique HowardDirector
Roopa SeshadriDirector
Taina EstremeraDirector
Linda ManfredoniaDirctor
Ashlie ThornburySecretary
Katherine QuinnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,189,021
Program Service Revenue
$0
Investment Income
$192,596
Other Revenue
$-14,521
All Other Contributions
$792,441
Change in Net Assets
$121,814

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,340,657
Revenue Not Reported on Financial Statements
$26,439
Revenue Not Reported on Form 990
$-603,957
Total Revenue per Audited Statements
$736,700
Total Revenue per Form 990
$1,367,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$540,909
Other Expenses$398,660
Grants and Similar Amounts Paid$305,713
Total Fundraising Expense$51,793
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$251,196$39,997$16,861$308,054
Grants to Domestic Orgs$305,713--$305,713
Current Officers, Directors, Trustees, and Key Employees$128,891$8,947$7,162$145,000
Conferences and Meetings$95,260$87-$95,347
Occupancy$51,553$7,718$2,131$61,402
Other Employee Benefits$39,681$3,722$1,906$45,309
Payroll Taxes$29,436$3,872$1,745$35,053
Fees for Service Investment Mgmnt Fees-$26,439-$26,439
Office Expenses$17,194$2,444$3,087$22,725
Information Technology$15,583$2,334$644$18,561
Fees for Services Accounting$13,966$2,091$576$16,633
Pension Plan Contributions$6,553$622$318$7,493
Insurance$5,954$893$246$7,093
Depreciation Depletion$3,219$482$133$3,834
Other Expenses$126,956-$3,083$3,083
All Other Expenses$1,427$214$59$1,700
Travel$1,033$12-$1,045
Total Functional Expenses$1,093,615$99,874$51,793$1,245,282

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,285,334
Total Expenses per Form 990$1,245,282
Expenses per Audited Statements$1,218,843
Expenses Not Reported on Form 990$66,491
Expenses Not Reported on Financial Statements$26,439
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mom Your BusinessPhiladelphia, PA-General Operating$70,000
Abortion Liberation FundPhiladelphia, PA-Programatic$20,000
Along the WaySouderton, PA-General Operating$10,000
Ardellas HousePhiladelphia, PA-Programatic$10,000
Equal Access Legal ServicesGlenside, PA-Programatic$10,000
Family Promise of S Chester CKennett Square, PA-Programatic$10,000
Federation of NeighborhoodsPhiladelphia, PA-General Operating$10,000
Girls Justice LeaguePhiladelphia, PA-General Operating$10,000
Girls on the Run PhilaPhiladelphia, PA-Programatic$10,000
Girls on the Run PhiladelphiaPhiladelphia, PA-Programatic$10,000
Hias PaPhiladelphia, PA-General Operating$10,000
Mighty WritersPhiladelphia, PA-Programatic$10,000
National Domestic Workers AllNew York, NY-General Operating$10,000
Open Collective FdnWalnut, CA-Programatic$10,000
Orion CommunitiesPhoenixville, PA-General Operating$10,000
PhilaPOSHPhiladelphia, PA-Programatic$10,000
Potters House MissionPhiladelphia, PA-General Operating$10,000
The Evoluer HousePhiladelphia, PA-Programatic$10,000
Therapy Center of PhilaPhiladelphia, PA-General Operating$10,000
Three Little Birds PerinatalPhiladelphia, PA-Programatic$10,000
Valley Youth House CommitteeBethlehem, PA-General Operating$10,000
World Class WomenUnion, NJ--$10,000
weREIGN INCPhiladelphia, PA-Programatic$10,000
Planned Parenthood KeystonePhiladelphia, PA-Operational$8,368
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$14,521
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$205,491-$12,021-
Total Events$205,491-$14,521$-14,521
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$297
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Women's way's finance committee thoroughly reviews the form 990 and then presents the return to the board of directors for its review and approval prior to filing the return.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The board annually completes a conflict of interest questionnaire that provides information about any involvement by the member that would provide a conflict of interest in their role as a member of the board of directors of women's way.the questionnaires are reviewed by the executive committee and the executive committee uses them to monitor the board members' compliance with the organization's conflict of interest policy.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The executive committee of the board conducts a thorough annual review of the executive director. A process which includes feedback from the individuals with working experience with the executive director. The chair of the executive committee drafts the annual assessment and then reviews it with the executive committee which is given an opportunity to add its comments. The review, combined with the compensation data of comparable organizations' salaries, market conditions, and the financial condition of the organization in that given year, factor into the determination of a reasonable salary for the position. These discussions are then shared at an executive session of the board of directors and the board approves the salary of the executive director. These proceedings are memorialized in minutes of the board of directors meeting at which the salary was approved.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Women's way's governing documents, conflict of interest policy and financial statements are available to the public upon request. In addition, women's way's form 990 is widely available to the public via internet based sites such as guide star.”

Filing and Contact Details

Filer

Filer Name
Womens Way
EIN
23-1989161
Phone
2159853322
Address
123 SOUTH BROAD STREET 1320, PHILADELPHIA, PA 19109

Signing Officer

Name
Diane Cornman-levy
Title
Executive Director
Signed
2023-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Ritter
Formed
1977
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
18
Employees
10
Volunteers
114

Preparer

Firm
Paolini & Scout LLC
Address
152 Himmelein Rd Suite 400, Medford, NJ 08055
Preparer
Mary E Scout CPA
Phone
6096547530
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“The board designated investments are held for growth and to support the programs of women's way. A distribution of 4% of the average of the trailing five calendar year end values is made each year in january.”

Part X : FIN48 Footnote

“Management of the organization considers the likelihood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur upon examination by tax authorities, including changes to the organization's status as a not-for-profit entity. Management believes the organization met the requirements to maintain its tax-exempt status and has not identified any material uncertain tax positions subject to the unrelated business income tax that requires recognition or disclosure in the accompanying financial statements.”

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IRS990/ActivityOrMissionDesc0WOMEN'S WAY IS THE GREATER PHILADELPHIA REGION'S LEADING NONPROFIT ORGANIZATION DEDICATED TO THE ADVANCEMENT OF WOMEN, GIRLS, AND GENDER EQUITY. ESTABLISHED IN THE MID-70'S, THE ORGANIZATION INSPIRES AND MOBILIZES THE COMMUNITY TO INVEST IN ORGANIZATIONS AND LEADERS THAT WILL ADVANCE THE RIGHTS OF AND OPPORTUNITIES FOR WOMEN AND GIRLS, AND ACHIEVE GENDER EQUITY FOR ALL.
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IRS990/Desc0PUBLIC EDUCATION:GENDER WEALTH INSTITUTE (GWI):IN SEPTEMBER 2021, WOMEN'S WAY LAUNCHED THE GENDER WEALTH INSTITUTE (GWI) WHOSE MISSION IS TO CLOSE THE GENDER WEALTH GAP IN THE GREATER PHILADELPHIA REGION BY ADVANCING RESEARCH AND PRACTICAL SOLUTIONS THAT BUILD WEALTH FOR WOMEN WHO ARE ECONOMICALLY INSECURE. GWI'S FIVE PRIORITY AREAS OF INTERVENTION ARE:. STRENGTHEN THE FINANCIAL HEALTH OF WOMEN AND GIRLS THROUGH OUR FINANCIAL COACH TRAINING PROGRAM. CHANGE MENTAL MODELS THROUGH CHANGING NARRATIVES THROUGH OUR NARRATIVE CHANGE FELLOWSHIP PROGRAM. EDUCATE STAKEHOLDERS ON THE DRIVERS OF THE GENDER WEALTH GAP THROUGH OUR CLOSING THE GENDER WEALTH GAP VIRTUAL EDUCATION SERIES. BUILD AN EQUITABLE BUSINESS ECOSYSTEM FOR WOMEN OF COLOR ENTREPRENEURS-- PHIRST MARKET VENTURES, AN INVESTMENT FOR WOC ENTREPRENEURS. PIONEER POLICY SOLUTIONS TO ADDRESS GENDER WEALTH INEQUITY THROUGH OUR GENDER WEALTH INDEX RESEARCH PROJECT FINANCIAL COACH TRAINING PROGRAM (FCTP): SINCE ITS LAUNCHING IN 2021, 37 ORGANIZATIONS HAVE ENGAGED IN THE FCTP, AND 64 SERVICE PROVIDERS AND 37 SUPERVISORS HAVE BEEN TRAINED. COLLECTIVELY THEY PROVIDED FINANCIAL COACHING TO MORE THAN 2,500 WOMEN IN OUR REGION. NARRATIVE CHANGE FELLOWSHIP PROGRAM:SINCE ITS LAUNCH IN 2021, 18 WOMEN SUCCESSFULLY COMPLETED THE FELLOWSHIP PROGRAM RESULTING IN 18 VIDEOS OF THEIR STORIES. IN ADDITION, 100% OF THE FELLOWS IMPROVED THEIR CONFIDENCE AND SKILLS IN USING THEIR STORIES TO AFFECT CHANGE IN THEIR COMMUNITY. CLOSING THE GENDER WEALTH GAP EDUCATION SERIES:FIVE FORUMS WERE CONDUCTED AND ADDRESSED KEY DRIVERS OF THE GENDER WEALTH GAP INCLUDING INTERSECTIONS OF ECONOMIC AND REPRODUCTIVE JUSTICE, WHY NARRATIVES MATTER, THE STUDENT LOAN CRISIS, SAVING FOR RETIREMENT, AND INTERSECTIONS OF IPV AND ECONOMIC SECURITY OF WOMEN. MORE THAN 1,200 INDIVIDUALS ATTENDED AND VIEWED THE FORUMS AND SEVERAL HUNDRED INDIVIDUALS WERE MOBILIZED TO ACT IN PURSUIT OF ADVANCING GENDER AND RACIAL EQUITY.BUILD AN EQUITABLE BUSINESS SYSTEM FOR WOMEN OF COLOR ENTREPRENEURS:DURING FISCAL YEAR 2022, WE LAUNCHED PHIRST MARKET VENTURES, A FUND TO SUPPORT EARLY-STAGE COMPANIES FOUNDED BY WOMEN OF COLOR. WE RAISED $450,000 AND DISTRIBUTED $150,000 TO TEN LOCAL WOMEN OF COLOR ENTREPRENEURS.YOUNG WOMEN'S INITIATIVE (YWI):NOW IN ITS 24TH YEAR, THE WOMEN'S WAY YOUNG WOMEN'S INITIATIVE (YWI) IS A DYNAMIC GROUP OF PEOPLE BETWEEN THE AGES OF 21 AND 45 WHO IDENTIFY AS WOMEN OR GENDER-EXPANSIVE/GENDER NON-CONFORMING/NON-BINARY. THIS VOLUNTEER-LED YOUNG FRIENDS GROUP IS COMPOSED OF INDIVIDUALS WHO ARE FOCUSED ON SOCIAL JUSTICE AND DEDICATED TO ADVANCING GENDER AND RACIAL EQUITY. YWI WORKS TO DEVELOP ITS MEMBERS AS COMMUNITY AND BUSINESS LEADERS, ADVOCATES FOR SOCIAL CHANGE, AND CIVICALLY-ENGAGED PHILANTHROPISTS RAISING CRITICAL FUNDS FOR WOMEN'S WAY. IT ALSO SERVES AS A WAY TO CONNECT WITH PROGRESSIVE PEERS AND MAKE A DIFFERENCE IN THE COMMUNITY.
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IRS990/MissionDesc0FOR OVER 45 YEARS, WOMEN'S WAY HAS COURAGEOUSLY TAKEN POSITIONS ON CUTTING EDGE ISSUES RELATING TO WOMEN AND GIRLS. THE ORGANIZATION'S WORK HAS BEEN UNIQUELY STRATEGIC AND IMPACTFUL, ENGAGING AND CONVENING PEOPLE FROM ALL WALKS OF LIFE TO CREATE A TRULY COLLECTIVE AND "POWERFUL" VOICE FOR WOMEN. IN 2020, WOMEN'S WAY IMPLEMENTED A THREE-YEAR STRATEGIC PLAN FOCUSED ON CONNECTING AND EMPOWERING THE COMMUNITY AND CULTIVATING HIGH IMPACT PHILANTHROPY ACROSS THE REGION. OUR WORK IS GUIDED BY FOUR PILLARS OF FOCUS: 1) ADVANCING REPRODUCTIVE JUSTICE AND SEXUAL HEALTH, 2) INCREASING SAFETY AGAINST GENDER-BASED VIOLENCE, 3) PROMOTING ECONOMIC SELF-SUFFICIENCY AND JUSTICE, AND 4) DEVELOPING THE LEADERSHIP OF GIRLS AND YOUNG WOMEN. WE ADDRESS THESE ISSUES THROUGH THREE KEY PROGRAMS: GRANTMAKING, RESEARCH, AND EDUCATION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTMAKING THROUGH THE FOLLOWING PROGRAMS:IMMEDIATE RESPONSE ACTION FUND (IRAF): IN FISCAL YEAR 2022, WE AWARDED ELEVEN IRAF GRANTS TO ADDRESS URGENT NEEDS IN THE AREAS OF INCREASING ECONOMIC SECURITY, ADVANCING REPRODUCTIVE JUSTICE AND SEXUAL HEALTH,INCREASING SAFETY AGAINST GENDER BASED VIOLENCE AND DEVELOPING THE LEADERSHIP OF GIRLS AND YOUNG WOMEN. COLLECTIVELY THE GRANTS IMPACTED MORE THAN 9,000 WOMEN, GIRLS, AND GENDER-EXPANSIVE INDIVIDUALS. GENERAL OPERATING FUND:IN OUR COMMITMENT TO EQUITY IN GRANTMAKING AND IN DIRECT RESPONSE TO INPUT FROM OUR COMMUNITY PARTNERS, WOMEN'S WAY LAUNCHED THE GENERAL OPERATING FUND IN EARLY 2022 TO PROVIDE 2-YEAR GRANTS TO ORGANIZATIONS PRIMARILY SERVING WOMEN, GIRLS, AND THE GENDER-EXPANSIVE COMMUNITY. PRIORITY WAS GIVEN TO ORGANIZATIONS LED BY WOMEN OF COLOR WITH BUDGETS UNDER $500,000 THAT HAD NOT RECEIVED FUNDING FROM WOMEN'S WAY IN 2021. ELEVEN GRANTS WERE GIVEN OUT IMPACTING OVER 33,000 WOMEN, GIRLS AND GENDER-EXPANSIVE INDIVIDUALS. EIGHT OF THE ORGANIZATIONS WERE LED BY WOMEN OF COLOR AND ONLY TWO HAD BUDGETS OF OVER $500,000.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt0298113
IRS990/ProgSrvcAccomActy3Grp/Desc0RESEARCH:DURING FISCAL YEAR 2022, WE RAISED $145,000 TO DESIGN AND IMPLEMENT A LARGE SCALE REGIONAL RESEARCH CAMPAIGN TO IDENTIFY AND ADDRESS KEY DRIVERS OF GENDER WEALTH INEQUITY. THIS MULTI-PHASE RESEARCH STRATEGY WILL CULMINATE IN THE CREAT[ON OF PHILADELPHIA REGION'S (+BUCKS, CHESTER, DELAWARE AND MONTGOMERY COUNTIES) FIRST GENDER WEALTH INDEX. THIS RESEARCH-ENABLED ASSESSMENT TOOL WILL BE COMPRISED OF QUANTIFIABLE SOCIOECONOMIC MEASURES, CO-CONSTRUCTED BY SYSTEMS-IMPACTED COMMUNITIES, DESIGNED TO DRIVE EVIDENCE-BASED ACTION ON POLICIES AND PRACTICES THAT ENABLE GENDER WEALTH PARITY AND WILL TAKE INTO ACCOUNT THE ONGOING AND LINGERING IMPACT OF THE COVID-19 PANDEMIC.IN ADDITION TO THE GENDER WEALTH INDEX RESEARCH PROJECT, WE PARTNERED WITH ZS GLOBAL, TO CREATE A REPOSITORY OF DATA POINTS THAT ADDRESS THE DRIVERS OF THE GENDER WEALTH GAP. WE ARE BUILDING THE CAPACITY OF OUR MORE THAN 80 PARTNERS TO USE THE DATA POINTS AND STORIES OF WOMEN WITH LIVED EXPERIENCE TO STRENGTHEN THEIR ADVOCACY AND FUNDRAISING EFFORTS. WE ARE ALSO TRACKING PROCESS AND IMPACT METRICS FOR ALL GENDER WEALTH INSTITUTE PROGRAMS, INCLUDING TRACKING LEARNINGS AMONUG THE GENDER WEALTH INSTITUTE PARTNERS, AND USING THEIR LEARNINGS TO INFORM AND GUIDE STRATEGY.WITH RESPECT TO GRANTMAKING, WE EVALUATE THE FINAL REPORTS OF THE IRAF AND GENERAL OPERATING GRANTS TO DETERMINE BREATH AND DEPTH OF IMPACT. WE ALSO CONTINUALLY CONDUCT PROSPECTIVE DONOR RESEARCH TO EXPAND OUR LIST OF INDIVIDUALS, CORPORATE AND FOUNDATION FUNDERS. OUR RESEARCH EFFORTS RESULTED IN EXPANDING OUR DONOR LIST BY 35%.

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,525,322
Liabilities
$37,840
Net assets
$3,487,482
Revenue
$1,367,096
Expenses
$1,245,282
Net income
$121,814
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.57$0.01$3.56$1.16$1.22$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.35$0.06$3.29$1.03$1.41$0.38
2022Detailed filing. Detailed filing data is available for this year.$3.53$0.04$3.49$1.37$1.25$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$0.09$4.04$1.31$1.00$0.32
2020Summary only. Only limited summary data is available for this year.$3.47$0.12$3.35$0.99$0.96$0.03
2019Summary only. Only limited summary data is available for this year.$3.18$0.02$3.16$1.05$0.86$0.19
2018Summary only. Only limited summary data is available for this year.$3.05$0.02$3.04$0.88$0.75$0.13
2017Summary only. Only limited summary data is available for this year.$2.82$0.01$2.81$0.69$0.74$0.05
2016Summary only. Only limited summary data is available for this year.$2.66$0.01$2.65$0.54$0.86$0.32
2015Summary only. Only limited summary data is available for this year.$2.85$0.02$2.82$1.38$1.12$0.25
2014Summary only. Only limited summary data is available for this year.$2.91$0.04$2.86$1.09$1.20$0.11
2013Summary only. Only limited summary data is available for this year.$2.82$0.07$2.75$2.71$1.48$1.23
2012Summary only. Only limited summary data is available for this year.$1.63$0.04$1.59$1.51$1.32$0.19
2011Summary only. Only limited summary data is available for this year.$1.49$0.09$1.41$1.26$1.29$0.03