WOMENS ECONOMIC VENTURES: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- WOMENS ECONOMIC VENTURES (EIN 95-3674624)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202533189349315313
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T19:01:13-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 475278347 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALLISON & GIBB LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 31351 VIA COLINAS STE 202 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 913624561 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 953674624 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOMEN'S ECONOMIC VENTURES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WOME | BusinessNameControlTxt |
| Phone | 8059656073 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 E CANON PERDIDO ST STE 301 | AddressLine1Txt |
| City | SANTA BARBARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NICOLA PARR | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8059656073 | PhoneNum |
| Signature | 2025-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA A ALLISON | PreparerPersonNm |
| PTIN | P01971329 | PTIN |
| Phone | 8183946689 | PhoneNum |
| Preparation | 2025-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NICOLA PARR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 E CANON PERDIDO ST 301 | AddressLine1Txt |
| City | SANTA BARBARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,759,707 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WEVONLINE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1981 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 54 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $3,772,658 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,362,817 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $284,588 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $265,339 | CYProgramServiceRevenueAmt |
| PY Investment Income | $141,151 | PYInvestmentIncomeAmt |
| CY Investment Income | $559,997 | CYInvestmentIncomeAmt |
| CY Other Revenue | $1,879 | CYOtherRevenueAmt |
| PY Total Revenue | $4,198,397 | PYTotalRevenueAmt |
| CY Total Revenue | $4,190,032 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $826,250 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $963,711 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,714,846 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,047,133 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $213,018 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $919,377 | PYOtherExpensesAmt |
| CY Other Expenses | $812,745 | CYOtherExpensesAmt |
| PY Total Expenses | $4,460,473 | PYTotalExpensesAmt |
| CY Total Expenses | $3,823,589 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$262,076 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $366,443 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $6,754,564 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,255,564 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,661,164 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,618,854 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,093,400 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,636,710 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | Yes (true) | SignificantChangeInd |
| Expense | $3,090,930 | ExpenseAmt |
| Grant | $963,711 | GrantAmt |
| Revenue | $265,339 | RevenueAmt |
| Desc | 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. | Desc |
| Total Program Service Expenses | $3,090,930 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 103 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 54 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NICOLA PARR | PersonNm |
| Phone | 8059656073 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 E CANON PERDIDO ST STE 301 | AddressLine1Txt |
| City | SANTA BARBARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93101 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| NICOLA PARR | ||||||||
| CEO | 40.00 | Yes (X) | $147,089 | $0 | $9,615 | |||
| KATHY ODELL | ||||||||
| CEO (FORMER) | 40.00 | $156,020 | $0 | $0 | Yes (X) | |||
| DEVON JOHNSON | ||||||||
| DIR. OF GRAN | 40.00 | $108,923 | $0 | $880 | Yes (X) | |||
| MELISSA LIVINGSTON | ||||||||
| CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| SCOTT HANSEN | ||||||||
| VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CAROLA NICHOLSON | ||||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| SIMON DIXON | ||||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KATYA ARMISTEAD | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| MARIA BALLESTEROS-SOLA | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| ALESSANDRA FANTONI | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| ALI FARR MCCARTY | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| EMILY LATOUR | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| ALE ORTEGA-BOTELLO | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| DEANNA STEIGER | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| LINDA ROSSI | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| KRISTINA ERIKSEN | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| ANDREW WINCHESTER | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| BANK STAPLES PECHT | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| JUNEMARIE JUSTUS | ||||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| MARSHA BAILEY | ||||||||
| CEO EMERITUS | 0.00 | $182,308 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $594,340 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $10,495 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $2,276,958 | GovernmentGrantsAmt |
| All Other Contributions | $1,085,859 | AllOtherContributionsAmt |
| Total Contributions | $3,362,817 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FEES FOR SERVICE | 900099 | $130,713 | $130,713 |
| EDUCATION PROGRAM FEES | 900099 | $76,714 | $76,714 |
| LOAN INTEREST EARNED | 900099 | $53,686 | $53,686 |
| LOAN FEES EARNED | 900099 | $4,226 | $4,226 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $265,339 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $104,121 | TotalRevenueColumnAmt |
| Exclusion | $104,121 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,021,095 | SecuritiesAmt |
| Other | $4,456 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,569,675 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $451,420 | SecuritiesAmt |
| Other | $4,456 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $455,876 | TotalRevenueColumnAmt |
| Exclusion | $455,876 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CREDIT CARD REWARDS | 999999 | $1,429 | $1,429 |
| OTHER MISCELLANEOUS IINCOME | 999999 | $450 | $450 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,879 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,190,032 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $267,218 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $559,997 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,961 | TotalAmt |
| Program Services | $4,961 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $958,750 | TotalAmt |
| Program Services | $958,750 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,704 | TotalAmt |
| Program Services | $148,889 | ProgramServicesAmt |
| Fundraising | $7,815 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,020 | TotalAmt |
| Program Services | $79,157 | ProgramServicesAmt |
| Management And General | $72,709 | ManagementAndGeneralAmt |
| Fundraising | $4,154 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,457,443 | TotalAmt |
| Program Services | $1,325,198 | ProgramServicesAmt |
| Management And General | $73,109 | ManagementAndGeneralAmt |
| Fundraising | $59,136 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,650 | TotalAmt |
| Program Services | $32,701 | ProgramServicesAmt |
| Management And General | $2,518 | ManagementAndGeneralAmt |
| Fundraising | $1,431 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,751 | TotalAmt |
| Program Services | $75,831 | ProgramServicesAmt |
| Management And General | $2,372 | ManagementAndGeneralAmt |
| Fundraising | $4,548 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,565 | TotalAmt |
| Program Services | $124,877 | ProgramServicesAmt |
| Management And General | $26,968 | ManagementAndGeneralAmt |
| Fundraising | $5,720 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,624 | TotalAmt |
| Program Services | $708 | ProgramServicesAmt |
| Management And General | $1,916 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,472 | TotalAmt |
| Management And General | $58,472 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,651 | TotalAmt |
| Management And General | $28,651 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,170 | TotalAmt |
| Program Services | $2,340 | ProgramServicesAmt |
| Management And General | $10,050 | ManagementAndGeneralAmt |
| Fundraising | $55,780 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,120 | TotalAmt |
| Program Services | $14,931 | ProgramServicesAmt |
| Management And General | $4,054 | ManagementAndGeneralAmt |
| Fundraising | $2,135 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,289 | TotalAmt |
| Program Services | $22,653 | ProgramServicesAmt |
| Management And General | $20,520 | ManagementAndGeneralAmt |
| Fundraising | $2,116 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,279 | TotalAmt |
| Program Services | $127,668 | ProgramServicesAmt |
| Management And General | $28,003 | ManagementAndGeneralAmt |
| Fundraising | $18,608 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,006 | TotalAmt |
| Program Services | $10,553 | ProgramServicesAmt |
| Management And General | $1,567 | ManagementAndGeneralAmt |
| Fundraising | $886 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,526 | TotalAmt |
| Program Services | $18,862 | ProgramServicesAmt |
| Management And General | $104,664 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,480 | TotalAmt |
| Program Services | $22,860 | ProgramServicesAmt |
| Management And General | $4,572 | ManagementAndGeneralAmt |
| Fundraising | $3,048 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,401 | TotalAmt |
| Management And General | $49,401 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES AND SERVICES | $178,078 | $100,342 | $30,095 | $47,641 |
| SBLF - OTHER OPERATIONS | $19,649 | $19,649 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,823,589 | TotalAmt |
| Program Services | $3,090,930 | ProgramServicesAmt |
| Management And General | $519,641 | ManagementAndGeneralAmt |
| Fundraising | $213,018 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $854,352 | BOYAmt |
| EOY | $148,151 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $386,856 | BOYAmt |
| EOY | $365,892 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $426,249 | BOYAmt |
| EOY | $514,145 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,073 | BOYAmt |
| EOY | $33,568 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,460,562 | BOYAmt |
| EOY | $210,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,659 | BOYAmt |
| EOY | $36,526 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $138,556 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $79,556 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,708 | BOYAmt |
| EOY | $59,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,022,863 | BOYAmt |
| EOY | $2,556,527 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $461,488 | BOYAmt |
| EOY | $319,772 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,754 | BOYAmt |
| EOY | $11,983 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,754,564 | BOYAmt |
| EOY | $4,255,564 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $422,335 | BOYAmt |
| EOY | $188,212 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,547 | BOYAmt |
| EOY | $80,215 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,380 | BOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $950,000 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,016,902 | BOYAmt |
| EOY | $1,350,427 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,661,164 | BOYAmt |
| EOY | $1,618,854 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,850,542 | BOYAmt |
| EOY | $1,701,341 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,242,858 | BOYAmt |
| EOY | $935,369 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,093,400 | BOYAmt |
| EOY | $2,636,710 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,754,564 | BOYAmt |
| EOY | $4,255,564 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $366,443 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$236,811 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$586,322 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,938,526 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,612,145 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,828,771 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,772,658 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,362,817 | CurrentTaxYearAmt |
| Total | $15,514,917 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,938,526 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,612,145 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,828,771 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,772,658 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,362,817 | CurrentTaxYearAmt |
| Total | $15,514,917 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $37,831 | SubstantialContributorsTotAmt |
| Public Support Total170 | $15,477,086 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $60,876 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $96,532 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $65,134 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $141,872 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $104,121 | CurrentTaxYearAmt |
| Total | $468,535 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $15,983,452 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $267,218 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.96830 | PublicSupportCY170Pct |
| Public Support PY170 | 0.94990 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,022,640 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $284,293 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | -$750,640 | AdministrativeExpensesAmt |
| End Year Balance | $2,556,293 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,625,595 | BeginningYearBalanceAmt |
| Contributions | $5,000 | ContributionsAmt |
| Investment Earnings Or Losses | $392,045 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,022,640 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,317,792 | BeginningYearBalanceAmt |
| Contributions | -$180,625 | ContributionsAmt |
| Investment Earnings Or Losses | -$511,572 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,625,595 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,052,362 | BeginningYearBalanceAmt |
| Contributions | -$104,000 | ContributionsAmt |
| Investment Earnings Or Losses | $369,430 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,317,792 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,653,691 | BeginningYearBalanceAmt |
| Contributions | $40,000 | ContributionsAmt |
| Investment Earnings Or Losses | $358,671 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,052,362 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.76180 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.13310 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.10510 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,873 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,612 | DepreciationAmt |
| Book Value | $3,261 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $47,226 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,377 | DepreciationAmt |
| Book Value | $29,849 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $80,457 | OtherCostOrOtherBasisAmt |
| Depreciation | $54,567 | DepreciationAmt |
| Book Value | $25,890 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $59,000 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| LINE OF CREDIT | $864,690 |
| LEASE LIABILITY | $340,737 |
| ADVANCES RECEIVED FOR LENDING | $145,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,350,427 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| CASH GRANTS | 102 | $768,750 |
| FORGIVABLE LOANS | 19 | $190,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 4, PART IV | FormAndLineReferenceDesc |
| Explanation | PART III, COLUMN (B): 1. CASH GRANTS: PROVIDED THROUGH CA ETP SEED1 AND SEED2 GRANTS. FUNDS MUST BE USED ACCORDING TO DESCRIPTION PROVIDED ON BUSINESS PLAN/GRANT APPLICATION. NUMBER OF RECIPIENTS IS DETERMINED BY TERMS OF CONTRACT. 2. FORGIVABLE LOANS: THE NUMBER OF RECIPIENTS IS DETERMINED BY THE TERMS OF WEV'S CONTRACT OR GRANT WITH THE FUNDER. THERE WERE 19 FORGIVABLE LOANS @ 10,000/ GRANTED TO 19 RECIPIENTS. RECIPIENTS PROVIDE RECEIPTS FOR SPENDING THAT MATCH THOSE DESCRIBED IN THEIR APPLICATIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| NICOLA PARR | |||||
| CEO | $147,089 | $4,515 | $5,100 | $156,704 | |
| KATHY ODELL | |||||
| CEO (FORMER) | $83,311 | $156,020 | $72,709 | ||
| MARSHA BAILEY | |||||
| CEO EMERITUS | $182,308 | $182,308 | |||
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PAGE 1, PART I, LINE 4 | FormAndLineReferenceDesc |
| Explanation | KATHY ODELL 72,709 0 0 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 3 | WEV FUNDING SOLUTIONS ("WEVFS") WAS FORMED TO HOUSE WOMEN'S ECONOMIC VENTURES' ("WEV") LENDING PROGRAM. WEV IS THE SOLE MEMBER OF WEVFS. BEGINNING OCTOBER 1, 2024, WEVFS BEGAN TRANSACTING LOANS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | WOMENS ECONOMIC VENTURES HAS AN AUDIT COMMITTEE, WHICH REVIEWS THE AUDIT UPON COMPLETION. THE FINANCE COMMITTEE AND THE BOARD REVIEWS THE 990 BEFORE IT IS SIGNED BY THE CEO AND FILED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | WEV 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 15A | COMPENSATION FOR THE CEO AND TOP MANAGERS IS REVIEWED ANNUALLY AS PART OF THE ORGANIZATION'S ANNUAL BUDGET PROCESS AND IS CONNECTED WITH ANNUAL PERFORMANCE REVIEWS CONDUCTED BY THE CEO AND BOARD EXECUTIVE COMMITTEE. MANAGEMENT STAFF CREATES A BUDGET DRAFT WHICH IS REVIEWED BY THE BOARD FINANCE COMMITTEE PRIOR TO SUBMISSION TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL IN THE FOURTH QUARTER. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE EXECUTIVE COMMITTEE FUNCTIONS AS THE PERSONNEL COMMITTEE THAT YEARLY REVIEWS THE SALARY OF CEO. THE CEO YEARLY REVIEWS ALL STAFF SALARIES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST, GOVERNING DOCUMENTS ARE SUPPLIED BY THE CEO OR GRANTS MANAGER. |
| FORM 990, PART XI, LINE 9 | -586,322 TEMP RESTRICTED FUNDS TRANSFERRED FROM WEV TO WEV FUNDING SOLUTIONS 332,524 TRANSFER OF CERTAIN WEV BALANCE SHEET ACCOUNTS TO WEV FUNDING SOLUTIONS, NET 253,798 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEV FUNDING SOLUTIONS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 E CANON PERDIDO ST STE 301 | AddressLine1Txt |
| City | SANTA BARBARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 934132075 | EIN |
| Primary Activities | LENDING | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEV | BusinessNameLine1Txt |
| Business Name Line2 | WOMEN'S ECONOMIC VENTURES | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| WEV FUNDING SOLUTIONS | ||
| R | $1,980,281 | BOOK VALUE AT TRANSFER |
| WEV FUNDING SOLUTIONS | ||
| E | $1,393,959 | BOOK VALUE AT TRANSFER |