Nonprofit · EIN 27-4697912
FINANCIAL ALLIANCE FOR WOMEN INC
Tax-exempt · BROOKLYN, NY 11201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,133,928 | $1,756,765 | $377,163 | $1,715,030 | $711,415 | $1,003,615 |
| December 31, 2023 | 990 | $910,407 | $1,561,045 | -$650,638 | $917,760 | $291,308 | $626,452 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,896,681
- Membership dues
- $438,949
- Program service revenue
- $237,247
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $25,000
- Compensation of officers, directors and key employees
- $278,357
- Other salaries and wages
- $183,100
- Salaries, compensation and benefits (total)
- $521,335
- Professional fundraising fees
- $0
- Accounting fees
- $34,333
- Occupancy
- $5,821
- Travel
- $63,538
- Depreciation
- $2,950
- Program services (functional)
- $1,511,510
- Management and general (functional)
- $216,314
- Fundraising (functional)
- $28,941
Balance sheet and other
- Total assets, start of year
- $917,760
- Total assets, end of year
- $1,715,030
- Total liabilities, end of year
- $711,415
- Net assets, end of year
- $1,003,615
- Net assets without donor restrictions
- $304,574
- Net assets with donor restrictions
- $699,041
- Gross receipts
- $2,133,928
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2011
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Inez Murray | Executive Director Trustee or director, Officer, Highest-paid employee | 40 | $280,356 | $16,701 |
| Tessa Ruben | Knowledge Manager Highest-paid employee | 40 | $108,177 | $5,996 |
| Allision Rose | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Steven Puig | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Paul Jenkins | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Rachael Freeman | Director Trustee or director | 1 | $0 | $0 |
| K Shelly Porges | Director Trustee or director | 1 | $0 | $0 |
| Selim Hussain | Director Trustee or director | 1 | $0 | $0 |
| Ulrike Decoene | Director Trustee or director | 1 | $0 | $0 |
| Christine Parker | Director Trustee or director | 1 | $0 | $0 |
| Rachel Robboy | Director Trustee or director | 1 | $0 | $0 |
| Aishah Ahmed | Director Trustee or director | 1 | $0 | $0 |
| Sam Cooper-Gray | Director Trustee or director | 1 | $0 | $0 |
| Nadia Al Saeed | Director Trustee or director | 1 | $0 | $0 |
| Florence Boupda | Director Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martin Powell | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Inez Murray | Executive Director Trustee or director, Officer, Highest-paid employee | 40 | $274,862 | $24,004 |
| Rebecca Ruf | Vice President of Programs Highest-paid employee | 40 | $199,386 | $0 |
| Tessa Ruben | Knowledge Manager Highest-paid employee | 40 | $105,735 | $6,164 |
| Ann Cairns | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Steven Puig | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Paul Jenkins | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| K Shelly Porges | Director Trustee or director | 1 | $0 | $0 |
| Selim Hussain | Director Trustee or director | 1 | $0 | $0 |
| Ulrike Decoene | Director Trustee or director | 1 | $0 | $0 |
| Christine Parker | Director Trustee or director | 1 | $0 | $0 |
| Rachel Robboy | Director Trustee or director | 1 | $0 | $0 |
| Aishah Ahmed | Director Trustee or director | 1 | $0 | $0 |
| Sam Cooper-Gray | Director Trustee or director | 1 | $0 | $0 |
| Nadia Al Saeed | Director Trustee or director | 1 | $0 | $0 |
| Florence Boupda | Director Trustee or director | 1 | $0 | $0 |
| Martin Powell | Director Trustee or director | 1 | $0 | $0 |
| Rachael Freeman | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 165 COURT STREET, BROOKLYN, NY 11201-4345
- In care of
- % TERESA CAVANAGH
- Principal officer (990 for 2024)
- Inez Murray, 20 Wolesley Street, Dublin, EI
- Signed the 990
- Inez Murray, Executive Director
- Phone
- (917) 648-3512
- Return prepared by
- RICH AND BANDER LLP
Mission
Financial Alliance for Women propels the growth of women in business and womens wealth creation, while generating superior business outcomes for our member financial institutions.
Program accomplishments
- Research and Knowledge - collates the results, research, experience and advice of member banks with successful Womens Market programs, as well as conducts market intelligence research on the female economy.
- Peer Learning and Networking - offers members the opportunity to learn practical wisdom from the real-world experiences other members have on what it takes to build a profitable Womens Market program.
- Communications and Advocacy - the goal of the Alliances Communications and Advocacy service offering is to position the Alliance as a technical and thought leader in the financial inclusion space by reaching its member banks, potential member banks, policymakers, the media, womens organizations, and the informed public with timely, reliable, actionable, and thought-provoking information, delivered across multiple channels.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4697912
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S81)
- Assets (IRS master file)
- $1,715,030
- Income (IRS master file)
- $2,133,928
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,133,928 | $1,756,765 | $1,715,030 | XML |
| 990 | December 2023 | $910,407 | $1,561,045 | $917,760 | XML |
| 990 | December 2022 | $2,147,872 | $1,469,515 | $1,545,605 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4697912).
Questions about FINANCIAL ALLIANCE FOR WOMEN INC
- What is the EIN of FINANCIAL ALLIANCE FOR WOMEN INC?
- The employer identification number (EIN) of FINANCIAL ALLIANCE FOR WOMEN INC is 27-4697912.
- Is FINANCIAL ALLIANCE FOR WOMEN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2012.
- Are donations to FINANCIAL ALLIANCE FOR WOMEN INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FINANCIAL ALLIANCE FOR WOMEN INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FINANCIAL ALLIANCE FOR WOMEN INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FINANCIAL ALLIANCE FOR WOMEN INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FINANCIAL ALLIANCE FOR WOMEN INC?
- The 990 for the year ended December 31, 2024 names Inez Murray.
- Who are the officers and directors of FINANCIAL ALLIANCE FOR WOMEN INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $280,356 (Inez Murray, Executive Director).
- How much revenue does FINANCIAL ALLIANCE FOR WOMEN INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,133,928, expenses of $1,756,765 and total assets of $1,715,030 at year end.
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