Totals
- Total revenue
- $4,190,032
- Total expenses
- $3,823,589
- Contributions and grants received
- $3,362,817
- Grants paid
- $963,711
- Program service revenue
- $265,339
- Investment income
- $559,997
- Other revenue
- $1,879
- Total assets, end of year
- $4,255,564
- Total liabilities, end of year
- $1,618,854
- Net assets or fund balances, end of year
- $2,636,710
- Program services expenses (Part IX)
- $3,090,930
- Management and general expenses
- $519,641
- Fundraising expenses
- $213,018
- Program service expenses (Part III)
- $3,090,930
Program services were 80.8% 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.
-
1e · Government grants (contributions)
$2,276,958
-
1f · All other contributions, gifts and grants
$1,085,859
-
2a · Program service revenue: FEES FOR SERVICE
total $130,713 · related or exempt $130,713
-
2b · Program service revenue: EDUCATION PROGRAM FEES
total $76,714 · related or exempt $76,714
-
2c · Program service revenue: LOAN INTEREST EARNED
total $53,686 · related or exempt $53,686
-
2d · Program service revenue: LOAN FEES EARNED
total $4,226 · related or exempt $4,226
-
3 · Investment income
total $104,121 · excluded $104,121
-
7a · Gross sales of assets other than inventory
securities $2,021,095 · other assets $4,456
-
7b · Less cost or other basis and sales expenses
securities $1,569,675
-
7c · Gain or loss
securities $451,420 · other assets $4,456
-
7d · Net gain or loss
total $455,876 · excluded $455,876
-
11a · Other revenue: CREDIT CARD REWARDS
total $1,429 · related or exempt $1,429
-
11b · Other revenue: OTHER MISCELLANEOUS IINCOME
total $450 · related or exempt $450
-
11e · Other revenue, total
$1,879
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,961 · program services $4,961
-
2 · Grants to domestic individuals
total $958,750 · program services $958,750
-
5 · Compensation of officers, directors and key employees
total $156,704 · program services $148,889 · fundraising $7,815
-
6 · Compensation of disqualified persons
total $156,020 · program services $79,157 · management and general $72,709 · fundraising $4,154
-
7 · Other salaries and wages
total $1,457,443 · program services $1,325,198 · management and general $73,109 · fundraising $59,136
-
8 · Pension plan contributions
total $36,650 · program services $32,701 · management and general $2,518 · fundraising $1,431
-
9 · Other employee benefits
total $82,751 · program services $75,831 · management and general $2,372 · fundraising $4,548
-
10 · Payroll taxes
total $157,565 · program services $124,877 · management and general $26,968 · fundraising $5,720
-
11b · Fees: legal
total $2,624 · program services $708 · management and general $1,916
-
11c · Fees: accounting
total $58,472 · management and general $58,472
-
11f · Fees: investment management
total $28,651 · management and general $28,651
-
11g · Fees: other
total $68,170 · program services $2,340 · management and general $10,050 · fundraising $55,780
-
13 · Office expenses
total $21,120 · program services $14,931 · management and general $4,054 · fundraising $2,135
-
14 · Information technology
total $45,289 · program services $22,653 · management and general $20,520 · fundraising $2,116
-
16 · Occupancy
total $174,279 · program services $127,668 · management and general $28,003 · fundraising $18,608
-
19 · Conferences, conventions and meetings
total $13,006 · program services $10,553 · management and general $1,567 · fundraising $886
-
20 · Interest
total $123,526 · program services $18,862 · management and general $104,664
-
22 · Depreciation, depletion and amortization
total $30,480 · program services $22,860 · management and general $4,572 · fundraising $3,048
-
23 · Insurance
total $49,401 · management and general $49,401
-
24a · Other expenses: SUPPLIES AND SERVICES
total $178,078 · program services $100,342 · management and general $30,095 · fundraising $47,641
-
24b · Other expenses: SBLF - OTHER OPERATIONS
total $19,649 · program services $19,649
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $854,352 · end of year $148,151
-
2 · Savings and temporary cash investments
beginning of year $386,856 · end of year $365,892
-
3 · Pledges and grants receivable
beginning of year $426,249 · end of year $514,145
-
4 · Accounts receivable
beginning of year $18,073 · end of year $33,568
-
7 · Other notes and loans receivable
beginning of year $1,460,562 · end of year $210,000
-
9 · Prepaid expenses and deferred charges
beginning of year $42,659 · end of year $36,526
-
10a · Land, buildings and equipment: cost or other basis
$138,556
-
10b · Land, buildings and equipment: accumulated depreciation
$79,556
-
10c · Land, buildings and equipment, net
beginning of year $65,708 · end of year $59,000
-
11 · Investments: publicly traded securities
beginning of year $3,022,863 · end of year $2,556,527
-
14 · Intangible assets
beginning of year $461,488 · end of year $319,772
-
15 · Other assets
beginning of year $15,754 · end of year $11,983
-
17 · Accounts payable and accrued expenses
beginning of year $422,335 · end of year $188,212
-
19 · Deferred revenue
beginning of year $120,547 · end of year $80,215
-
21 · Escrow or custodial account liability
beginning of year $151,380
-
24 · Unsecured notes and loans payable
beginning of year $950,000
-
25 · Other liabilities
beginning of year $2,016,902 · end of year $1,350,427
-
27 · Net assets without donor restrictions
beginning of year $1,850,542 · end of year $1,701,341
-
28 · Net assets with donor restrictions
beginning of year $1,242,858 · end of year $935,369
Mission and programs · 2024
Mission
WOMEN'S ECONOMIC VENTURES IS COMMITTED TO THE ECONOMIC EMPOWERMENT OF WOMEN CULTIVATING THE POWER WITHIN EACH WOMAN TO REALIZE HER DREAMS, ACHIEVE FINANCIAL INDEPENDENCE, AND SUCCEED ON HER OWN TERMS.
-
WOMEN'S ECONOMIC VENTURES (WEV) PROVIDES BUSINESS TRAINING, TECHNICAL ASSISTANCE, SMALL BUSINESS LOANS & STIPENDS, AND FINANCIAL EDUCATION TO HELP PRIMARILY LOW INCOME WOMEN START OR EXPAND A SMALL BUSINESS. WEV IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND PROVIDES MICRO ENTERPRISE LOANS OF UP TO 25,000 TO STARTUPS AND BUSINESS EXPANSION LOANS OF UP TO 50,000 TO PRE-BANKABLE BUSINESSES. WEV SERVES BOTH MEN AND WOMEN IN ALL PROGRAMS. IN 2024, WEV PROVIDED TRAINING AND TECHNICAL ASSISTANCE, INCLUDING 1,606 SESSIONS OF INDIVIDUAL CONSULTING TO 592 CLIENTS AND PROVIDED 39 BUSINESS LOANS TOTALING 461,900.
Expenses $3,090,930 · Grants $963,711 · Revenue $265,339
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nicola ParrNICOLA PARR
CEO
- Total calculated
- $156,704
- From this org
- $147,089
- From related orgs
- $0
- Other
- $9,615
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,089
- Bonus
- not reported
- Other
- not reported
- Deferred
- $4,515
- Nontaxable benefits
- $5,100
- Filer's total
- $156,704
-
Kathy OdellKATHY ODELL
CEO (FORMER)
- Total calculated
- $156,020
- From this org
- $156,020
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $83,311
- Bonus
- not reported
- Other
- $72,709
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $156,020
-
Devon JohnsonDEVON JOHNSON
DIR. OF GRAN
- Total calculated
- $109,803
- From this org
- $108,923
- From related orgs
- $0
- Other
- $880
- Hours/week
- 40
-
Melissa LivingstonMELISSA LIVINGSTON
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Scott HansenSCOTT HANSEN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Carola NicholsonCAROLA NICHOLSON
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Simon DixonSIMON DIXON
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Katya ArmisteadKATYA ARMISTEAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Maria Ballesteros-SolaMARIA BALLESTEROS-SOLA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Alessandra FantoniALESSANDRA FANTONI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ali Farr McCartyALI FARR MCCARTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Emily LatourEMILY LATOUR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ale Ortega-BotelloALE ORTEGA-BOTELLO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Deanna SteigerDEANNA STEIGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Linda RossiLINDA ROSSI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kristina EriksenKRISTINA ERIKSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Andrew WinchesterANDREW WINCHESTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Bank Staples PechtBANK STAPLES PECHT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Junemarie JustusJUNEMARIE JUSTUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Marsha BaileyMARSHA BAILEY
CEO EMERITUS
- Total calculated
- $182,308
- From this org
- $182,308
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $182,308
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $182,308
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
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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)
- SCHEDULE J, PAGE 1, PART I, LINE 4
- KATHY ODELL 72,709 0 0
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.
-
501C3 · LENDING · CA · controlled entity
Directly controlled by WEV WOMEN'S ECONOMIC VENTURES
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202533189349315313
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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