Civic Intelligence

International Women Associates Inc.

EIN 36-4049670 • 501(c)3 • Chicago, IL

Pub. 78 Eligible

Profile

By engaging in cross-cultural exchange, community service, dialogue and friendship, IWA creates connections among people of diverse international backgrounds and works toward a more just and peaceful world.

17 N State Street 1760Chicago, IL 60602

www.iwachicago.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.09x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

64th percentile

6.3%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

62nd percentile

8.0%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$477,729

Up $28,399 (+6.3%) from 2024

Liabilities

Up

$43,307

Up $1,716 (+4.1%) from 2024

Net Assets

Up

$434,422

Up $26,683 (+6.5%) from 2024

Operations
Liabilities / Revenue87th percentileNet Margin67th percentile

Revenue

Up

$206,913

Up $15,305 (+8.0%) from 2024

Expenses

Down

$180,230

Down $1,634 (-0.9%) from 2024

Net Income

Up

$26,683

Up $16,939 (+174%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

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

$600K$400K$200K$0Assets 2017: $448,971Liabilities 2017: $71,154Net Assets 2017: $377,8172017Assets 2018: $469,686Liabilities 2018: $89,625Net Assets 2018: $380,0612018Assets 2019: $452,662Liabilities 2019: $85,661Net Assets 2019: $367,0012019Assets 2020: $421,442Liabilities 2020: $109,942Net Assets 2020: $311,5002020Assets 2021: $418,222Liabilities 2021: $101,669Net Assets 2021: $316,5532021Assets 2022: $403,899Liabilities 2022: $56,241Net Assets 2022: $347,6582022Assets 2023: $458,957Liabilities 2023: $60,962Net Assets 2023: $397,9952023Assets 2024: $449,330Liabilities 2024: $41,591Net Assets 2024: $407,7392024Assets 2025: $477,729Liabilities 2025: $43,307Net Assets 2025: $434,4222025

Highlighted filing

2025

Assets$477,729
Liabilities$43,307
Net Assets$434,422
Open 2025 Filing

Operations Trend

Revenue Growth62nd percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $258,888Expenses 2017: $278,512Net Income 2017: -$19,6242017Revenue 2018: $289,007Expenses 2018: $286,763Net Income 2018: $2,2442018Revenue 2019: $287,563Expenses 2019: $302,549Net Income 2019: -$14,9862019Revenue 2020: $202,859Expenses 2020: $259,660Net Income 2020: -$56,8012020Revenue 2021: $163,788Expenses 2021: $158,735Net Income 2021: $5,0532021Revenue 2022: $150,051Expenses 2022: $118,946Net Income 2022: $31,1052022Revenue 2023: $172,750Expenses 2023: $136,115Net Income 2023: $36,6352023Revenue 2024: $191,608Expenses 2024: $181,864Net Income 2024: $9,7442024Revenue 2025: $206,913Expenses 2025: $180,230Net Income 2025: $26,6832025

Highlighted filing

2025

Revenue$206,913
Expenses$180,230
Net Income$26,683
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$477,729
Liabilities
$43,307
Net assets
$434,422
Revenue
$206,913
Expenses
$180,230
Net income
$26,683
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.78$0.43$4.34$2.07$1.80$0.27
2024Detailed filing. Detailed filing data is available for this year.$4.49$0.42$4.08$1.92$1.82$0.10
2023Detailed filing. Detailed filing data is available for this year.$4.59$0.61$3.98$1.73$1.36$0.37
2022Detailed filing. Detailed filing data is available for this year.$4.04$0.56$3.48$1.50$1.19$0.31
2021Detailed filing. Detailed filing data is available for this year.$4.18$1.02$3.17$1.64$1.59$0.05
2020Detailed filing. Detailed filing data is available for this year.$4.21$1.10$3.12$2.03$2.60$0.57
2019Detailed filing. Detailed filing data is available for this year.$4.53$0.86$3.67$2.88$3.03$0.15
2018Detailed filing. Detailed filing data is available for this year.$4.70$0.90$3.80$2.89$2.87$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.49$0.71$3.78$2.59$2.79$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 25, 2025
Return Version
2024v5.2
Gross Receipts
$284,995
Mission and Program Overview

Mission

By engaging in cross-cultural exchange, community service, dialogue and friendship, IWA creates connections among people of diverse international backgrounds and works toward a more just and peaceful world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$342,424$392,966▲ $50,542
Cash and Non-Interest-Bearing Accounts$85,984$76,279▼ $9,705
Prepaid Expenses and Deferred Charges$15,392$5,157▼ $10,235
Land, Buildings, and Equipment, Net$831$415▼ $416
Accounts Receivable-$412-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$449,330$477,729▲ $28,399
Other Assets Total$4,699$2,500▼ $2,199
Liabilities
Deferred Revenue$30,849$36,100▲ $5,251
Accounts Payable and Accrued Expenses$10,742$7,207▼ $3,535
Total Liabilities$41,591$43,307▲ $1,716
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$407,739$434,422▲ $26,683
Total Net Assets Fund Balance$407,739$434,422▲ $26,683
Total Liabilities and Net Assets / Fund Balance$449,330$477,729▲ $28,399

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$415$38,258$38,673
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Catherine SinegalPast President
Ying HirshPresident
Alice ChowDirector
Arleen DaltonDirector
Dell HarmsenDirector
Gabriela MartinDirector
Jennifer SchadeDirector
Nicola CroweDirector
Nila BayvasDirector
Ria RrichDirector
Sharon CampbellDirector
Vi NelsonDirector
Yoko MosherDirector
Susan HanesSecretary
Jeanmarie HagedornTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$112,783
Program Service Revenue
$87,177
Investment Income
$9,558
Other Revenue
$-2,605
All Other Contributions
$45,450
Change in Net Assets
$26,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$112,144
Salaries, Compensation, and Employee Benefits$52,202
Total Fundraising Expense$28,111
Grants and Similar Amounts Paid$15,884
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$14,804$30,162$6,825$51,791
Other Salaries and Wages$26,358$7,188$14,377$47,923
Occupancy$22,193$5,576$1,305$29,074
Grants to Domestic Individuals$8,284--$8,284
Grants to Domestic Orgs$7,600--$7,600
All Other Expenses$1,388$1,950$1,307$4,645
Insurance$3,859$454$227$4,540
Payroll Taxes$2,016$550$1,100$3,666
Other Expenses$14$904$2,300$3,204
Office Expenses-$1,037-$1,037
Other Employee Benefits$337$92$184$613
Depreciation Depletion$354$42$21$417
Total Functional Expenses$87,207$64,912$28,111$180,230
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Chicago Poetry CenterChicago, IL501(c)(3)-$7,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$78,082
Fundraising Gross Income$68,666
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Event$135,999$68,666$17,336$51,330
Total Events$135,999$68,666$78,082$-9,416
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
No
Annual disclosure for covered persons
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 A, Line 6

“Each member is entitled to one vote on each matter submitted to a vote of members.”

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the president, treasurer and accountant prior to filing.”

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

“Each board member receives the conflict of interest policy at the beginning of the fiscal year, to be returned signed to the office for filing before the next board meeting in September.”

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

“Performance reviews are conducted by the Board of Directors for management, and salary is set based on comparable salaries paid by similar sized not-for-profits.”

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

“Performance reviews are conducted by the Board of Directors for officers, and salary is set based on comparable salaries paid by similar sized not-for-profits.”

Form 990, Part VI, Section C, Line 18

“The 990 can be acquired through the il attorney general and guidestar.org websites.”

Form 990, Part VI, Section C, Line 19

“Disclosure of governing documents, policies, and financial statements is made to the general public upon written request.”

Filing and Contact Details

Filer

Filer Name
International Women Associates Inc
EIN
36-4049670
Phone
3122631421
Address
17 N State Street 1760, Chicago, IL 60602

Signing Officer

Name
Ying Hirsh
Title
President
Signed
2025-11-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ying Hirsh
Formed
1995
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
96

Preparer

Firm
Il Nfp Audit and Tax Llp
Address
200 S WACKER DR SUITE 3100, CHICAGO, IL 60606
Preparer
Abdullah Khan CPA
Phone
3129985500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization is exempt from Federal and State income taxes under Section 501c3 of the Internal Revenue Code, therefore, the financial statements do not include a provision for income taxes. The Organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The Organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The Organization has identified no significant income tax uncertainties. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS.”

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