Civic Intelligence

Womens Impact Fund

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.

PO Box 30864Charlotte, NC 28230

www.womensimpactfund.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P • $500k-$1M nonprofits • Source year 2025

Net Margin

51st percentile

4.3%

Higher net margin than 51% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

79th percentile

$86,534

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

NTEE P • $500k-$1M nonprofits • Source year 2025

Asset Growth

54th percentile

7.1%

Faster asset growth than 54% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

15th percentile

-23%

Faster revenue growth than 15% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Annualized from 2024 to 2025

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

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $543,480Liabilities 2010: $487Net Assets 2010: $542,9932010Assets 2011: $507,803Liabilities 2011: $0Net Assets 2011: $507,8032011Assets 2013: $257,377Liabilities 2013: $61Net Assets 2013: $257,3162013Assets 2014: $673,364Liabilities 2014: $745Net Assets 2014: $672,6192014Assets 2015: $607,211Liabilities 2015: $104Net Assets 2015: $607,1072015Assets 2016: $619,823Liabilities 2016: $679Net Assets 2016: $619,1442016Assets 2017: $689,084Liabilities 2017: $703Net Assets 2017: $688,3812017Assets 2018: $771,926Liabilities 2018: $2,082Net Assets 2018: $769,8442018Assets 2019: $621,746Liabilities 2019: $0Net Assets 2019: $621,7462019Assets 2020: $658,680Liabilities 2020: $0Net Assets 2020: $658,6802020Assets 2021: $633,760Liabilities 2021: $0Net Assets 2021: $633,7602021Assets 2022: $587,675Liabilities 2022: $0Net Assets 2022: $587,6752022Assets 2023: $483,424Liabilities 2023: $0Net Assets 2023: $483,4242023Assets 2024: $612,798Liabilities 2024: $0Net Assets 2024: $612,7982024

Highlighted filing

2024

Assets$612,798
Liabilities$0
Net Assets$612,798

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $541,4832010Expenses 2011: $578,6022011Expenses 2013: $607,7452013Revenue 2014: $646,058Expenses 2014: $230,755Net Income 2014: $415,3032014Revenue 2015: $590,005Expenses 2015: $655,517Net Income 2015: -$65,5122015Revenue 2016: $612,694Expenses 2016: $600,657Net Income 2016: $12,0372016Revenue 2017: $668,175Expenses 2017: $598,938Net Income 2017: $69,2372017Revenue 2018: $720,776Expenses 2018: $639,313Net Income 2018: $81,4632018Revenue 2019: $692,625Expenses 2019: $840,723Net Income 2019: -$148,0982019Revenue 2020: $710,794Expenses 2020: $673,860Net Income 2020: $36,9342020Revenue 2021: $696,024Expenses 2021: $720,944Net Income 2021: -$24,9202021Revenue 2022: $699,773Expenses 2022: $745,858Net Income 2022: -$46,0852022Revenue 2023: $693,794Expenses 2023: $798,045Net Income 2023: -$104,2512023Revenue 2024: $934,116Expenses 2024: $804,742Net Income 2024: $129,3742024

Highlighted filing

2024

Revenue$934,116
Expenses$804,742
Net Income$129,374

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.13$0.00$6.13$9.34$8.05$1.29
2023Detailed filing. Detailed filing data is available for this year.$4.83$0.00$4.83$6.94$7.98$1.04
2022Detailed filing. Detailed filing data is available for this year.$5.88$0.00$5.88$7.00$7.46$0.46
2021Detailed filing. Detailed filing data is available for this year.$6.34$0.00$6.34$6.96$7.21$0.25
2020Detailed filing. Detailed filing data is available for this year.$6.59$0.00$6.59$7.11$6.74$0.37
2019Detailed filing. Detailed filing data is available for this year.$6.22$0.00$6.22$6.93$8.41$1.48
2018Detailed filing. Detailed filing data is available for this year.$7.72$0.02$7.70$7.21$6.39$0.81
2017Detailed filing. Detailed filing data is available for this year.$6.89$0.01$6.88$6.68$5.99$0.69
2016Detailed filing. Detailed filing data is available for this year.$6.20$0.01$6.19$6.13$6.01$0.12
2015Detailed filing. Detailed filing data is available for this year.$6.07$0.00$6.07$5.90$6.56$0.66
2014Detailed filing. Detailed filing data is available for this year.$6.73$0.01$6.73$6.46$2.31$4.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.00$2.57$6.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$0.00$5.08$5.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.43$0.00$5.43$5.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$934,116
Mission and Program Overview

Mission

Strengthen communities by maximizing womens leadership in philanthropy through collective giving, education and engagement.

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
Equipment-$8,691$8,691
Other Assets Org$2,535--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia Massey HokeExecutive DirectorFT$100,711$100,711

Board Members and Trustees

NameTitle
Nikki JarrellBoard Chair
Aimee GreeterComm Chair
Christiane FeltsFinance Chair
Claire Magee FergusonGrants Chair
Susan AdamsImpact Chair
Katie SusongIncoming Chair
Michelle CottrellMember. Chair
Katherine MooringAt Large
Amy JacobsAt-Large
Angela SchollAt-Large
April WhitlockAt-Large
Jeanette SimsAt-Large
Kristin KeenComm. VC
Tonya BruceEducation VC
Markita PayneGovernance Chai
Katherine BunnGrant VC
Karen BartonImpact VC
Erika RossIncoming Financ
Alina MacNicholMember Ed. Chai
Nicole HallMembership VC
Haley ArellanoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$881,254
Program Service Revenue
$31,341
Investment Income
$21,521
Other Revenue
$0
All Other Contributions
$881,254
Change in Net Assets
$129,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Learning CollaborativeCharlotte, NC--$78,000
CrittentonCharlotte, NC--$75,000
Carolinas CARE PartnershipCharlotte, NC-Unrestricted Operating Support$52,000
Freedom CommunitiesCharlotte, NC--$47,000
Planned Parenthood South AtlaCharlotte, NC--$37,500
Charlotte Is CreativeCharlotte, NC-Unrestricted Funds$29,000
Three Bone TheatreCharlotte, NC--$29,000
Camino Community DevelopmentCharlotte, NC-Unrestricted Operating Support$26,000
Digi-BridgeCharlotte, NC--$26,000
JazzArts CharlotteCharlotte, NC--$21,000
Circle de LuzCharlotte, NC--$20,000
TreesCharlotteCharlotte, NC--$20,000
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
Lobbying activity
No
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
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, Section B, Line 11B

The Board Treasurer, Executive Director and Board Chair in conjunction with the Finance Committee will review the Form 990 before it is filed.

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

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.

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

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

Form 990, Part VI, Section C, Line 19

These are available at request.

Filing and Contact Details

Filer

Filer Name
Womens Impact Fund
EIN
26-1133584
Phone
7047074292
Address
PO Box 30864, Charlotte, NC 28230

Signing Officer

Name
Patricia Massey Hoke
Title
Exec. Director
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Massey Hoke
Formed
2003
Legal Domicile
Nc
Voting Board Members
21
Independent Board Members
21
Employees
4
Volunteers
150

Preparer

Firm
Foard and Company PA
Address
1347 Harding Place, Charlotte, NC 28204
Preparer
Robert Dobbins
Phone
7043721515
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IRS990/ProgSrvcAccomActy3Grp/Desc0Women'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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