Form 990 for tax year 2024
Filed by 100 WOMEN IN FINANCE FOUNDATION REHANA FARRELL.
Totals
- Total revenue
- $1,282,582
- Total expenses
- $1,254,263
- Contributions and grants received
- $1,011,092
- Grants paid
- $0
- Program service revenue
- $50,000
- Investment income
- $98,620
- Other revenue
- $122,870
- Total assets, end of year
- $2,393,682
- Total liabilities, end of year
- $153,030
- Net assets or fund balances, end of year
- $2,240,652
- Program services expenses (Part IX)
- $540,422
- Management and general expenses
- $586,979
- Fundraising expenses
- $126,862
- Program service expenses (Part III)
- $540,422
Program services were 43.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$651,670
-
1f · All other contributions, gifts and grants
$359,422
-
2a · Program service revenue: PROGRAM REVENUE
total $50,000 · related or exempt $50,000
-
3 · Investment income
total $98,620 · excluded $98,620
-
8a · Fundraising events: gross income
$561,584
-
8a · Fundraising events: contributions included on line 1c
$651,670
-
8b · Fundraising events: direct expenses
$438,714
-
8c · Net income from fundraising events
total $122,870 · excluded $122,870
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $299,180 · program services $107,825 · management and general $134,326 · fundraising $57,029
-
8 · Pension plan contributions
total $12,510 · program services $4,509 · management and general $5,617 · fundraising $2,384
-
9 · Other employee benefits
total $24,097 · program services $8,685 · management and general $10,819 · fundraising $4,593
-
10 · Payroll taxes
total $22,908 · program services $8,256 · management and general $10,285 · fundraising $4,367
-
11b · Fees: legal
total $21,637 · management and general $21,637
-
11c · Fees: accounting
total $164,321 · management and general $164,321
-
11g · Fees: other
total $561,823 · program services $401,375 · management and general $101,959 · fundraising $58,489
-
13 · Office expenses
total $87,174 · management and general $87,174
-
16 · Occupancy
total $9,130 · management and general $9,130
-
17 · Travel
total $28,138 · management and general $28,138
-
22 · Depreciation, depletion and amortization
total $11,424 · management and general $11,424
-
23 · Insurance
total $2,149 · management and general $2,149
-
24a · Other expenses: PRGM DEVELOPMENT EVENTS
total $9,772 · program services $9,772
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $599,537 · end of year $685,354
-
2 · Savings and temporary cash investments
beginning of year $1,661,213 · end of year $1,412,027
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $25,000
-
4 · Accounts receivable
beginning of year $15,367 · end of year $15,449
-
9 · Prepaid expenses and deferred charges
beginning of year $94,278 · end of year $56,403
-
10a · Land, buildings and equipment: cost or other basis
$37,872
-
10b · Land, buildings and equipment: accumulated depreciation
$25,705
-
10c · Land, buildings and equipment, net
beginning of year $23,591 · end of year $12,167
-
15 · Other assets
beginning of year $0 · end of year $187,282
-
17 · Accounts payable and accrued expenses
beginning of year $62,900 · end of year $24,506
-
19 · Deferred revenue
beginning of year $0 · end of year $128,524
-
25 · Other liabilities
beginning of year $80,857 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,239,310 · end of year $2,179,733
-
28 · Net assets with donor restrictions
beginning of year $10,919 · end of year $60,919
Mission and programs · 2024
Mission
SEE SCHEDULE O.
-
STUDENT MEMBERSHIP: THANKS TO THE GENEROUS SUPPORT OF OUR INDUSTRY PARTNERS, 100 WOMEN IN FINANCE IS PROUD TO OFFER COMPLIMENTARY MEMBERSHIP TO CURRENTLY ENROLLED UNIVERSITY STUDENTS. THESE MAY BE YOUNG PEOPLE WHO MAY HAVE A FLEDGLING INTEREST IN FINANCE BUT DON'T KNOW WHERE TO BEGIN, OR THEY MAY ALREADY BE WELL-VERSED IN INDUSTRY OPPORTUNITIES AND LOOKING TO FURTHER DEVELOP THEIR NETWORK. IMPORTANTLY, A 100 WOMEN IN FINANCE MEMBERSHIP ALLOWS STUDENTS TO CONNECT NOT ONLY WITH WORKING PROFESSIONALS, BUT ALSO WITH PEERS AT COLLEGES AND UNIVERSITIES AROUND THE WORLD GIVING THEM INSIGHT BEYOND WHAT THEIR SPECIFIC UNIVERSITY MAY OFFER. AT PRESENT, THERE ARE 4,900+ STUDENT MEMBERS OF 100 WOMEN IN FINANCE WHO HAVE BEEN ENGAGED THROUGH STRATEGIC PARTNERSHIPS, UNIVERSITY PRESENTATIONS, SOCIAL MEDIA, AND WORD OF MOUTH. STUDENTS CAN PARTICIPATE IN EDUCATIONAL EVENTS WHICH ARE LED BY INDUSTRY ICONS AND EXPERTS. THE PANELS AND PRESENTATIONS GO DEEP INTO TOPICS RELATED TO THE FINANCE, ALTERNATIVE INVESTMENTS, MACRO TRENDS, LEADERSHIP AND PROFESSIONAL DEVELOPMENT.
Expenses $326,106
-
LAUNCHME IS A GLOBAL MENTORSHIP PROGRAM CONNECTING EARLY-CAREER PROFESSIONALS AND STUDENTS WITH EXPERIENCED INDUSTRY PROFESSIONALS TO EXPLORE CAREER OPPORTUNITIES, BROADEN PROFESSIONAL NETWORKS, DEVELOP ESSENTIAL CAREER SKILLS, AND STRENGTHEN BUSINESS ACUMEN. SINCE ITS INCEPTION IN 2022, THE PROGRAM HAS ENGAGED OVER 800 PARTICIPANTS ACROSS MORE THAN 17 COUNTRIES THROUGH ONE-ON-ONE MENTORING, GROUP SESSIONS, AND PROFESSIONAL DEVELOPMENT AND NETWORKING EVENTS; RESULTING IN ACCESS TO A BROADER RANGE OF CAREER POSSIBILITIES, MEANINGFUL PROFESSIONAL RELATIONSHIPS, AND STRENGTHENED LEADERSHIP SKILLS.
Expenses $109,565 · Revenue $50,000
-
JUMPSTART: AN INDUSTRY INTRODUCTION PROGRAM. JUMPSTART OPERATES BOTH AT THE GLOBAL LEVEL (VIRTUAL) AND IN SELECT REGIONS (IN-PERSON) AROUND THE WORLD. IN BOTH INSTANCES, THE PROGRAM PROVIDES UNIVERSITY STUDENTS WITH AN INTRODUCTION TO THE FINANCIAL SERVICES INDUSTRY AND THE OPPORTUNITY TO MEET EXPERIENCED PROFESSIONALS. IN MANY WAYS, JUMPSTART IS EXACTLY WHAT THE NAME SUGGESTS: AN ENTRY-POINT INTO THE FINANCE INDUSTRY FROM WHICH STUDENTS CAN CONTINUE TO BUILD AND EXPLORE. THROUGHOUT THE COURSE OF THE PROGRAM, PARTICIPANTS RECEIVE CAREER GUIDANCE, INDUSTRY INFORMATION, INTERVIEWING AND NETWORKING TIPS, AND OPPORTUNITIES TO INTERACT WITH PROFESSIONALS, RECRUITERS, AND FELLOW STUDENTS FROM AROUND THE WORLD. THE PROGRAM IS INTENDED TO SERVE AS A PRE-INTERNSHIP PRIMER AND IS GEARED FOR STUDENTS AT ANY STAGE OF THEIR CAREER EXPLORATION. SOME MAY HAVE ALREADY LANDED FINANCE INTERNSHIPS, WHILE OTHERS ARE SEEKING GUIDANCE ABOUT WHERE TO BEGIN THEIR SEARCH. TO COMPLEMENT JUMPSTART PROGRAMMING AT THE GLOBAL LEVEL, WE HOST ONE-DAY IN-PERSON EDUCATION EVENTS FOR STUDENTS IN SELECT GEOGRAPHIES. IN THE SPRING AND FALL, A HALF-DAY PROGRAM IN HONG KONG COLLEGE STUDENTS WERE ABLE TO MEET EXPERIENCED PROFESSIONALS IN THE FINANCIAL SERVICES INDUSTRY.
Expenses $69,608
-
FIRST IMPRESSIONS DINNER: THE CORPORATE HOST INVITES A BESPOKE LIST OF ITS SENIOR EXECUTIVES, CLIENTS AND THEIR DAUGHTER, NIECE OR MENTEE. 100 WOMEN IN FINANCE ALSO INVITES A GROUP OF FEMALE STUDENTS FROM THE LOCAL PUBLIC OR PARTNER SCHOOLS. A PANEL DISCUSSION FOR THE ADULTS AND STUDENTS IS HELD WITH WOMEN IN THE INDUSTRY FROM DIFFERENT ROLE TYPES TO SHARE THEIR POTENTIAL STORIES AND DESCRIBE WHAT THEY DO ON A DAY-TO DAY BASIS. FOLLOWING THE PRESENTATION, STUDENTS SIT WITH THE PANELISTS AND ROLE MODELS TO ASK QUESTIONS OPENLY OVER DINNER.
Expenses $35,143
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Carole CrawfordCAROLE CRAWFORD
CHAIR
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Sarah Dyer DanaSARAH DYER DANA
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Heather WyckoffHEATHER WYCKOFF
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lisa PetrelliLISA PETRELLI
TREASURER
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Dagmar BaeuerleDAGMAR BAEUERLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rupal BhansaliRUPAL BHANSALI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Christina BoddenCHRISTINA BODDEN
DIRECTOR TO 1/2024
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ulrike Hoffmann-BurchardiULRIKE HOFFMANN-BURCHARDI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Amy FlikerskiAMY FLIKERSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Wayne LeeWAYNE LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michelle MorrisMICHELLE MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Archana ParekhARCHANA PAREKH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ulrika RobertssonULRIKA ROBERTSSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Sherri RossoffSHERRI ROSSOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Amando SenraAMANDO SENRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kellan BrownKELLAN BROWN
COO/CDO FROM 11/2024
- Total calculated
- $43,716
- From this org
- $0
- From related orgs
- $37,500
- Other
- $6,216
- Hours/week
- 8 + 32 related
-
Michelle BusheMICHELLE BUSHE
CFO TO 8/2024
- Total calculated
- $176,884
- From this org
- $0
- From related orgs
- $163,205
- Other
- $13,679
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $0 + $126,667 related
- Bonus
- $0
- Other
- $0 + $36,538 related
- Deferred
- $0 + $5,000 related
- Nontaxable benefits
- $0 + $8,679 related
- Filer's total
- $0 + $176,884 related
-
Deborah McLeanDEBORAH MCLEAN
INTERIM EXECUTIVE DIRECTOR
- Total calculated
- $189,600
- From this org
- $0
- From related orgs
- $189,600
- Other
- $0
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $0 + $189,600 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $189,600 related
-
Alexis BelladonnaALEXIS BELLADONNA
GLOBAL DIR OF MEMBERSHIP
- Total calculated
- $130,184
- From this org
- $0
- From related orgs
- $111,395
- Other
- $18,789
- Hours/week
- 8 + 32 related
-
Michele GulittiMICHELE GULITTI
GLOBAL DIR OF MARKETING/COMM
- Total calculated
- $111,788
- From this org
- $0
- From related orgs
- $103,000
- Other
- $8,788
- Hours/week
- 8 + 32 related
-
Joan WernerJOAN WERNER
FINANCE DIRECTOR
- Total calculated
- $143,695
- From this org
- $0
- From related orgs
- $125,000
- Other
- $18,695
- Hours/week
- 8 + 32 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4A
- MICHELLE BUSHE, FORMER CFO, RECEIVED $36,538.46 IN SEVERANCE PAY DURING 2024.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
100 WOMEN IN FINANCE ASSOCIATION
501(C)(6) · MEMBERSHIP · NY
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
100WF HONG KONG FOUNDATION LIMITED
FUNDRAISING · HK · income $425,444 · assets $594,389
Directly controlled by 100 WOMEN IN FINANCE FOUNDATION
-
100WF SINGAPORE LIMITED
FUNDRAISING & EDUCATION PROGRAMS · SN · income $0 · assets $5,979
Directly controlled by 100 WOMEN IN FINANCE FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513199349300341
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