Civic Intelligence

Foundation for Women

EIN 33-0786016 • 501(c)3 • La Jolla, CA

Pub. 78 Eligible

Profile

Eliminating global poverty through microfinance.

P O Box 2786La Jolla, CA 92038

www.foundationforwomen.org

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.96x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

2.14x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

35th percentile

-1.4%

Higher net margin than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

15th percentile

-9.7%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Revenue Growth

58th percentile

12%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Assets

Up

$1,040,656

Up $239,002 (+30%) from 2023

Liabilities

Up

$1,002,690

Up $243,415 (+32%) from 2023

Net Assets

Down

$37,966

Down $4,413 (-10%) from 2023

Revenue

Up

$469,531

Up $189,300 (+68%) from 2023

Expenses

Up

$476,208

Up $181,611 (+62%) from 2023

Net Income

Up

-$6,677

Up $7,689 (+54%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $237,565Liabilities 2010: $45,660Net Assets 2010: $191,9052010Assets 2011: $350,689Liabilities 2011: $143,859Net Assets 2011: $206,8302011Assets 2016: $82,166Liabilities 2016: $40,704Net Assets 2016: $41,4622016Assets 2017: $345,612Liabilities 2017: $0Net Assets 2017: $345,6122017Assets 2018: $1,085,729Liabilities 2018: $876,532Net Assets 2018: $209,1972018Assets 2019: $1,684,022Liabilities 2019: $1,494,364Net Assets 2019: $189,6582019Assets 2020: $1,139,470Liabilities 2020: $900,268Net Assets 2020: $239,2022020Assets 2021: $1,413,704Liabilities 2021: $1,088,060Net Assets 2021: $325,6442021Assets 2022: $1,278,505Liabilities 2022: $1,124,660Net Assets 2022: $153,8452022Assets 2023: $801,654Liabilities 2023: $759,275Net Assets 2023: $42,3792023Assets 2024: $1,040,656Liabilities 2024: $1,002,690Net Assets 2024: $37,9662024

Highlighted filing

2024

Assets$1,040,656
Liabilities$1,002,690
Net Assets$37,966

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $620,4462010Expenses 2011: $908,1892011Revenue 2016: $265,747Expenses 2016: $247,374Net Income 2016: $18,3732016Revenue 2017: $460,106Expenses 2017: $155,956Net Income 2017: $304,1502017Revenue 2018: $254,854Expenses 2018: $356,251Net Income 2018: -$101,3972018Revenue 2019: $350,339Expenses 2019: $417,210Net Income 2019: -$66,8712019Revenue 2020: $218,635Expenses 2020: $243,607Net Income 2020: -$24,9722020Revenue 2021: $338,430Expenses 2021: $263,567Net Income 2021: $74,8632021Revenue 2022: $434,499Expenses 2022: $420,048Net Income 2022: $14,4512022Revenue 2023: $280,231Expenses 2023: $294,597Net Income 2023: -$14,3662023Revenue 2024: $469,531Expenses 2024: $476,208Net Income 2024: -$6,6772024

Highlighted filing

2024

Revenue$469,531
Expenses$476,208
Net Income-$6,677

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 8, 2025
Return Version
2024v5.0
Gross Receipts
$469,531
Mission and Program Overview

Mission

Eliminating global poverty through microfinance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$581,072$838,173▲ $257,101
Investments Program Related$82,698$82,698→ $0
Land, Buildings, and Equipment, Net$75,274$58,105▼ $17,169
Cash and Non-Interest-Bearing Accounts$52,343$51,413▼ $930
Rtn Earn Endowment Incm Other Fnds$42,379$37,966▼ $4,413
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$801,654$1,040,656▲ $239,002
Other Assets Total$10,267$10,267→ $0
Liabilities
Other Liabilities$635,994$580,973▼ $55,021
Deferred Revenue$105,988$408,214▲ $302,226
Accounts Payable and Accrued Expenses$17,293$13,503▼ $3,790
Total Liabilities$759,275$1,002,690▲ $243,415
Net Assets / Fund Balance
Total Net Assets Fund Balance$42,379$37,966▼ $4,413
Total Liabilities and Net Assets / Fund Balance$801,654$1,040,656▲ $239,002

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$82,698--
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$58,105$44,113$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleBaseTotal
Charlotte Alston LeggBoard Trustee$18,006$18,006

Board Members and Trustees

NameTitle
Angela Benson MDBoard Trustee
Barbara InselBoard Trustee
Emmanuel Johnson PhDBoard Trustee
Jane Ellen DavisBoard Trustee
William SaaBoard Trustee
Deborah LindholmCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$469,519
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$0
All Other Contributions
$407,726
Change in Net Assets
$-6,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$205,151
Grants and Similar Amounts Paid$190,660
Salaries, Compensation, and Employee Benefits$12,989
Total Fundraising Expense$1,138
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$190,660--$190,660
Travel$5,514$67,238-$72,752
Benefits to Members$67,408--$67,408
All Other Expenses$36,125--$36,125
Occupancy-$24,466-$24,466
Depreciation Depletion$19,526--$19,526
Office Expenses$5,334$9,094-$14,428
Other Salaries and Wages-$10,500-$10,500
Other Expenses$3,078$519$0$3,597
Fees for Services Accounting$498$2,497-$2,995
Fees for Services Legal$734$2,000-$2,734
Payroll Taxes$2,489--$2,489
Information Technology-$1,676-$1,676
Total Functional Expenses$348,278$126,792$1,138$476,208
International Activity

International Summary

Offices
1
Employees
2
Spending
$348,278

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaProgram ServicesMicrocredit activities in Liberia.12$348,278
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long-term Loans$580,973
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
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, Section B, Line 11B

The tax return is reviewed by the CEO prior to filing.

Form 990, Part VI, Section C, Line 19

No other documents are made available to the public.

Filing and Contact Details

Filer

Filer Name
Foundation for Women
EIN
33-0786016
Phone
8584830400
Address
P O Box 2786, La Jolla, CA 92038

Signing Officer

Name
Deborah Lindholm
Title
CEO
Phone
8584830400
Signed
2025-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Lindholm
Formed
1997
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
1
Volunteers
4

Preparer

Firm
Foundation For Women
Address
P O Box 2786, La Jolla, CA 92038
Preparer
James Russell
Phone
8589266818
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Foreign currency adjustments

Raw XML AppendixShowing 400 of 492 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/Desc0The microfinance program provides capital and business training to extremely poor women, enabling them to start or expand their own income-generating activity, and thus better provide for their families. Capital is also provided to low-fee independent school operators with the goal of being able to provide education for more children. Liberia has the largest percentage of school-age children out-of-school of any country. In partnership with Benson Hospital and Habitat for Humanity, FFW also provides capital to independent community health clinics and housing loans to individual families. Foundation For Women is committed to a collective impact model, Seats at the Table for Liberia, in the belief that great social change can best occur in partnership with other strong organizations. Foundation For Women is the leading microfinance organization in Liberia, developing a model which can be duplicated elsewhere around the world.
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IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0469519
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt042379
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt037966
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0469519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0280217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0436499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0338430
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0218635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01743300
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99999
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01743300
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0469519
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0280217
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0436499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0338430
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0218635
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01743300
IRS990ScheduleA/TotalSupportAmt01743313
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt058105
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044113
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0102218
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt082698
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Investments
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0580973
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Long-term Loans
IRS990ScheduleD/TotalBookValueLandBuildingsAmt058105
IRS990ScheduleD/TotalBookValueProgramRltdAmt082698
IRS990ScheduleD/TotalLiabilityAmt0580973
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0348278
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Microcredit activities in Liberia.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Grant funds are distributed by organization employees under the supervision of the CEO.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule F, Part I, Line 2
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0348278
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The tax return is reviewed by the CEO prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No other documents are made available to the public.

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