Liabilities / Assets
31st percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 26-1133584 • 501(c)3 • Charlotte, NC
Profile
To maximize women's leadership in philanthropy by engaging and educating our membership, increasing charitable contributions, and strengthening communities through the impact of collective giving/grant-making. Women's Impact Fund has over 400 members and has given grants to 54 organizations totaling over $4 million.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
31st percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
32nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 12.0% of source-year revenue.
Asset Growth
54th percentile
Faster asset growth than 54% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Assets
Up$612,798
Up $129,374 (+27%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$612,798
Up $129,374 (+27%) from 2023
Revenue
Up$934,116
Up $240,322 (+35%) from 2023
Expenses
Up$804,742
Up $6,697 (+0.8%) from 2023
Net Income
Up$129,374
Up $233,625 (+224%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Strengthen communities by maximizing womens leadership in philanthropy through collective giving, education and engagement.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $242,990 | $370,892 | ▲ $127,902 |
| Cash and Non-Interest-Bearing Accounts | - | $0 | - |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Land, Buildings, and Equipment, Net | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $483,424 | $612,798 | ▲ $129,374 |
| Other Assets Total | $240,434 | $241,906 | ▲ $1,472 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $348,111 | $404,550 | ▲ $56,439 |
| Net Assets With Donor Restrictions | $135,313 | $208,248 | ▲ $72,935 |
| Total Net Assets Fund Balance | $483,424 | $612,798 | ▲ $129,374 |
| Total Liabilities and Net Assets / Fund Balance | $483,424 | $612,798 | ▲ $129,374 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | - | $8,691 | $8,691 |
| Other Assets Org | $2,535 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Patricia Massey Hoke | Executive Director | FT | $100,711 | $100,711 |
| Name | Title |
|---|---|
| Nikki Jarrell | Board Chair |
| Aimee Greeter | Comm Chair |
| Christiane Felts | Finance Chair |
| Claire Magee Ferguson | Grants Chair |
| Susan Adams | Impact Chair |
| Katie Susong | Incoming Chair |
| Michelle Cottrell | Member. Chair |
| Katherine Mooring | At Large |
| Amy Jacobs | At-Large |
| Angela Scholl | At-Large |
| April Whitlock | At-Large |
| Jeanette Sims | At-Large |
| Kristin Keen | Comm. VC |
| Tonya Bruce | Education VC |
| Markita Payne | Governance Chai |
| Katherine Bunn | Grant VC |
| Karen Barton | Impact VC |
| Erika Ross | Incoming Financ |
| Alina MacNichol | Member Ed. Chai |
| Nicole Hall | Membership VC |
| Haley Arellano | Secretary |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $501,250 |
| Salaries, Compensation, and Employee Benefits | $158,621 |
| Other Expenses | $144,871 |
| Total Fundraising Expense | $56,538 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $461,250 | - | - | $461,250 |
| Current Officers, Directors, Trustees, and Key Employees | $50,356 | $25,178 | $25,177 | $100,711 |
| Other Salaries and Wages | $24,366 | $12,183 | $12,184 | $48,733 |
| Grants to Domestic Individuals | $40,000 | - | - | $40,000 |
| Fees for Services Other | $13,702 | $8,043 | $5,094 | $26,839 |
| All Other Expenses | $10,544 | $9,772 | $3,981 | $24,297 |
| Other Expenses | $12,098 | $5,396 | $3,314 | $12,098 |
| Occupancy | $5,235 | $2,618 | $2,618 | $10,471 |
| Payroll Taxes | $4,589 | $2,294 | $2,294 | $9,177 |
| Insurance | - | $2,312 | - | $2,312 |
| Office Expenses | $937 | $468 | $468 | $1,873 |
| Total Functional Expenses | $667,155 | $81,049 | $56,538 | $804,742 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| The Learning Collaborative | Charlotte, NC | - | - | $78,000 |
| Crittenton | Charlotte, NC | - | - | $75,000 |
| Carolinas CARE Partnership | Charlotte, NC | - | Unrestricted Operating Support | $52,000 |
| Freedom Communities | Charlotte, NC | - | - | $47,000 |
| Planned Parenthood South Atla | Charlotte, NC | - | - | $37,500 |
| Charlotte Is Creative | Charlotte, NC | - | Unrestricted Funds | $29,000 |
| Three Bone Theatre | Charlotte, NC | - | - | $29,000 |
| Camino Community Development | Charlotte, NC | - | Unrestricted Operating Support | $26,000 |
| Digi-Bridge | Charlotte, NC | - | - | $26,000 |
| JazzArts Charlotte | Charlotte, NC | - | - | $21,000 |
| Circle de Luz | Charlotte, NC | - | - | $20,000 |
| TreesCharlotte | Charlotte, NC | - | - | $20,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The Board Treasurer, Executive Director and Board Chair in conjunction with the Finance Committee will review the Form 990 before it is filed.”
“All board members and key volunteers are asked to complete a new conflict of interest form each year which is reviewed by the Board and committee chairs. Those committee members who influence the grants making process are held to a higher disclosure standard. In the event of a conflict, the interested Board member or Key Volunteer shall recuse herself from further discussion and/or meeting.”
“Compensation is reviewed annually by the Executive Committee and presented to the Board of Directors for approval as part of the annual budgeting process. This process is documented in the minutes of the Board of Directors”
“These are available at request.”
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/Desc | 0 | The Women's Impact Fund makes charitable contributions to strengthen our community through collective giving. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Education VC |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Membership VC |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Comm Chair |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Comm. VC |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | At Large |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | Impact Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | Impact VC |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | The Women's Impact Fund engages its members in the process and impact of collective giving in order to maxmize women's leadership in philanthropy in our community. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Women's Impact Fund educational events provide targeted opportunities for members to learn about collective giving developments, local charitable leadership, and mobilize women as philanthropic funders. |
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