Civic Intelligence

Wev Funding Solutions

EIN 93-4132075 • 501(c)3 • Santa Barbara, CA

Profile

Wev funding solutions empowers women and underserved communities through friendly, equitable access to low-cost capital and supportive resources. We are committed to furthering economic justice and helping break barriers to economic independence by providing a safe, collaborative space for all clients to learn, grow and thrive. Wev funding solutions provides small business loans to help primarily low-income women start or grow a small business.

21 E Canon Perdido St Ste 301Santa Barbara, CA 93101
Siviq Scores

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

Liabilities / Assets

86th percentile

0.61x

Higher debt load relative to assets than 86% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

7.66x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

94th percentile

71%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

84th percentile

$156,704

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 111.7% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$1,760,661

No earlier filing loaded for comparison.

Liabilities

$1,074,306

No earlier filing loaded for comparison.

Net Assets

$686,355

No earlier filing loaded for comparison.

Revenue

$140,323

No earlier filing loaded for comparison.

Expenses

$40,290

No earlier filing loaded for comparison.

Net Income

$100,033

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2024: $1,760,661Liabilities 2024: $1,074,306Net Assets 2024: $686,3552024

Highlighted filing

2024

Assets$1,760,661
Liabilities$1,074,306
Net Assets$686,355

Operations Trend

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

$150K$100K$50K$0Revenue 2024: $140,323Expenses 2024: $40,290Net Income 2024: $100,0332024

Highlighted filing

2024

Revenue$140,323
Expenses$40,290
Net Income$100,033

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.0
Gross Receipts
$140,323
Mission and Program Overview

Mission

Wev funding solutions empowers women and underserved communities through friendly, equitable access to low-cost capital and supportive resources. We are committed to furthering economic justice and helping break barriers to economic independence by providing a safe, collaborative space for all clients to learn, grow and thrive. Wev funding solutions provides small business loans to help primarily low-income women start or grow a small business.

Wev funding solutions provides small business loans to help primarily low- income women start or grow a small business.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$1,063,137-
Savings and Temporary Cash Investments-$587,799-
Cash and Non-Interest-Bearing Accounts-$106,347-
Total Assets$0$1,760,661▲ $1,760,661
Other Assets Total-$3,378-
Liabilities
Unsecured Notes Loans Payable-$950,000-
Other Liabilities-$110,311-
Accounts Payable and Accrued Expenses-$11,657-
Deferred Revenue-$2,338-
Total Liabilities$0$1,074,306▲ $1,074,306
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$450,437-
Net Assets Without Donor Restrictions-$235,918-
Total Net Assets Fund Balance$0$686,355▲ $686,355
Total Liabilities and Net Assets / Fund Balance$0$1,760,661▲ $1,760,661
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ale Ortega-botelloBoard Member
Leticia ZunigaBoard Member
Melissa LivingstonBoard Member
Primitiva HernandezBoard Member
Nicola ParrCEO
Simon DixonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$120,000
Program Service Revenue
$16,795
Investment Income
$3,528
Other Revenue
$0
All Other Contributions
$120,000
Change in Net Assets
$100,033
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,290
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$12,930--$12,930
Other Expenses$3,078$50-$3,128
Information Technology$1,788--$1,788
Office Expenses$327--$327
Conferences and Meetings$125--$125
Total Functional Expenses$40,240$50$0$40,290
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
Advances Received for Lending$110,311
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The women economic ventures funding solutions' board reviews the 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

Women economic ventures funding solutions has a conflict of interest policy which is distributed annually to each board member and requires signed acknowledgement.

Form 990, Page 6, Part VI, Line 19

Upon request, governing documents are supplied by the ceo.

Filing and Contact Details

Filer

Filer Name
Wev Funding Solutions
EIN
93-4132075
Phone
8059656073
Address
21 E CANON PERDIDO ST STE 301, SANTA BARBARA, CA 93101

Signing Officer

Name
Nicola Parr
Title
CEO
Phone
8059656073
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicola Parr
Formed
2023
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Allison & Gibb Llp
Address
31351 VIA COLINAS STE 202, WESTLAKE VILLAGE, CA 91362-4561
Preparer
Lisa a Allison
Phone
8183946689
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Wev funding solutions empowers women and underserved communities through friendly, equitable access to low-cost capital and supportive resources. We are committed to furthering economic justice and helping break barriers to economic independence by providing a safe, collaborative space for all clients to learn, grow and thrive. Wev funding solutions provides small business loans to help primarily low-income women start or grow a small business.

Form 990, Part XI, Line 9

Temp restricted funds transferred from women's economic ventures (ein 95- 3674624) to wev funding solutions 332,524 transfer of certain women's economic ventures' balance sheet accounts to wev funding solutions,net 253,798

Financial Statement Notes

Schedule D, Page 3, Part X

Wev is a nonprofit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. Wev and wfs file exempt organization returns in the u.s. Federal jurisdiction and with the california franchise tax board. The organization is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. Wev did not generate any unrelated business income during the year ended december 31, 2024. Wev is not under examination by the internal revenue service for any open tax years.

Raw XML Appendix364 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011657
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0WEV FUNDING SOLUTIONS PROVIDES SMALL BUSINESS LOANS TO HELP PRIMARILY LOW- INCOME WOMEN START OR GROW A SMALL BUSINESS.
IRS990/AllOtherContributionsAmt0120000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0NICOLA PARR
IRS990/BooksInCareOfDetail/PhoneNum08059656073
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt021 E CANON PERDIDO ST STE 301
IRS990/BooksInCareOfDetail/USAddress/CityNm0SANTA BARBARA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093101
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt0106347
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0125
IRS990/ConferencesMeetingsGrp/TotalAmt0125
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0120000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03528
IRS990/CYOtherExpensesAmt040290
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt016795
IRS990/CYRevenuesLessExpensesAmt0100033
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt040290
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0140323
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt02338
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0WEV FUNDING SOLUTIONS (WFS) PROVIDES SMALL BUSINESS LOANS TO HELP PRIMARILY LOW INCOME WOMEN START OR GROW A SMALL BUSINESS. IN 2024, IT FUNDED FIVE MICRO-LOANS TOTALING 42,500 AND MAINTAINED AN EXISTING LOAN PORTFOLIO OF OVER 75 LOANS TOTALING APPROXIMATELY 1 MILLION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0450437
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt040240
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt09615
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0NICOLA PARR
IRS990/Form990PartVIISectionAGrp/PersonNm1ALE ORTEGA-BOTELLO
IRS990/Form990PartVIISectionAGrp/PersonNm2MELISSA LIVINGSTON
IRS990/Form990PartVIISectionAGrp/PersonNm3SIMON DIXON
IRS990/Form990PartVIISectionAGrp/PersonNm4LETICIA ZUNIGA
IRS990/Form990PartVIISectionAGrp/PersonNm5PRIMITIVA HERNANDEZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0147089
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02023
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0140323
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01788
IRS990/InformationTechnologyGrp/TotalAmt01788
IRS990/InvestmentIncomeGrp/ExclusionAmt03528
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03528
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0WEV FUNDING SOLUTIONS EMPOWERS WOMEN AND UNDERSERVED COMMUNITIES THROUGH FRIENDLY, EQUITABLE ACCESS TO LOW-COST CAPITAL AND SUPPORTIVE RESOURCES. WE ARE COMMITTED TO FURTHERING ECONOMIC JUSTICE AND HELPING BREAK BARRIERS TO ECONOMIC INDEPENDENCE BY PROVIDING A SAFE, COLLABORATIVE SPACE FOR ALL CLIENTS TO LEARN, GROW AND THRIVE. WEV FUNDING SOLUTIONS PROVIDES SMALL BUSINESS LOANS TO HELP PRIMARILY LOW-INCOME WOMEN START OR GROW A SMALL BUSINESS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt0686355
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0235918
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt012930
IRS990/OccupancyGrp/TotalAmt012930
IRS990/OfficeExpensesGrp/ProgramServicesAmt0327
IRS990/OfficeExpensesGrp/TotalAmt0327
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt03378
IRS990/OtherChangesInNetAssetsAmt0586322
IRS990/OtherExpensesGrp/Desc0SBLF - OTHER OPERATIONS
IRS990/OtherExpensesGrp/Desc1SUPPLIES AND SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050
IRS990/OtherExpensesGrp/ProgramServicesAmt021992
IRS990/OtherExpensesGrp/ProgramServicesAmt13078
IRS990/OtherExpensesGrp/TotalAmt021992
IRS990/OtherExpensesGrp/TotalAmt13128
IRS990/OtherLiabilitiesGrp/EOYAmt0110311
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01063137
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0NICOLA PARR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST EARNED
IRS990/ProgramServiceRevenueGrp/Desc1LOAN FEES EARNED
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015787
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11008
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015787
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11008
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/ReconcilationRevenueExpnssAmt0100033
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt016795
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0587799
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0120000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0120000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03528
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03528
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016795
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02471
IRS990ScheduleA/SubstantialContributorsTotAmt0117529
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0120000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0120000
IRS990ScheduleA/TotalSupportAmt0123528
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/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0110311
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ADVANCES RECEIVED FOR LENDING
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WEV IS A NONPROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. WEV AND WFS FILE EXEMPT ORGANIZATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. WEV DID NOT GENERATE ANY UNRELATED BUSINESS INCOME DURING THE YEAR ENDED DECEMBER 31, 2024. WEV IS NOT UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR ANY OPEN TAX YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalLiabilityAmt0110311
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0147089
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04515
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NICOLA PARR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0156704
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WEV FUNDING SOLUTIONS EMPOWERS WOMEN AND UNDERSERVED COMMUNITIES THROUGH FRIENDLY, EQUITABLE ACCESS TO LOW-COST CAPITAL AND SUPPORTIVE RESOURCES. WE ARE COMMITTED TO FURTHERING ECONOMIC JUSTICE AND HELPING BREAK BARRIERS TO ECONOMIC INDEPENDENCE BY PROVIDING A SAFE, COLLABORATIVE SPACE FOR ALL CLIENTS TO LEARN, GROW AND THRIVE. WEV FUNDING SOLUTIONS PROVIDES SMALL BUSINESS LOANS TO HELP PRIMARILY LOW-INCOME WOMEN START OR GROW A SMALL BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE WOMEN ECONOMIC VENTURES FUNDING SOLUTIONS' BOARD REVIEWS THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WOMEN ECONOMIC VENTURES FUNDING SOLUTIONS HAS A CONFLICT OF INTEREST POLICY WHICH IS DISTRIBUTED ANNUALLY TO EACH BOARD MEMBER AND REQUIRES SIGNED ACKNOWLEDGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST, GOVERNING DOCUMENTS ARE SUPPLIED BY THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TEMP RESTRICTED FUNDS TRANSFERRED FROM WOMEN'S ECONOMIC VENTURES (EIN 95- 3674624) TO WEV FUNDING SOLUTIONS 332,524 TRANSFER OF CERTAIN WOMEN'S ECONOMIC VENTURES' BALANCE SHEET ACCOUNTS TO WEV FUNDING SOLUTIONS,NET 253,798
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WOMEN'S ECONOMIC VENTURES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0953674624
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NONPROFIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt021 E CANON PERIDO ST STE 301
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SANTA BARBARA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd093101
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01980281
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11393959
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0BOOK VALUE AT TRANSFER
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1BOOK VALUE AT TRANSFER
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WOMEN'S ECONOMIC VENTURES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1WOMEN'S ECONOMIC VENTURES
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt01760661
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt01760661
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0120000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt040240
IRS990/TotalFunctionalExpensesGrp/TotalAmt040290
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt01074306
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01074306
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0686355
IRS990/TotalOtherCompensationAmt09615
IRS990/TotalProgramServiceExpensesAmt040240
IRS990/TotalProgramServiceRevenueAmt016795
IRS990/TotalRevenueGrp/ExclusionAmt03528
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016795
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0140323
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01760661
IRS990/TotReportableCompRltdOrgAmt0147089
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0950000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt021 E CANON PERDIDO ST STE 301
IRS990/USAddress/CityNm0SANTA BARBARA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093101
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLA PARR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08059656073
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEV FUNDING SOLUTIONS
ReturnHeader/Filer/BusinessNameControlTxt0WEVF
ReturnHeader/Filer/EIN0934132075
ReturnHeader/Filer/PhoneNum08059656073
ReturnHeader/Filer/USAddress/AddressLine1Txt021 E CANON PERDIDO ST STE 301
ReturnHeader/Filer/USAddress/CityNm0SANTA BARBARA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093101
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475278347
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALLISON & GIBB LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031351 VIA COLINAS STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTLAKE VILLAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0913624561
ReturnHeader/PreparerPersonGrp/PhoneNum08183946689
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA A ALLISON
ReturnHeader/ReturnTs02025-11-14T19:20:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.