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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 93-4132075

WEV FUNDING SOLUTIONS

Tax-exempt · SANTA BARBARA, CA 93101

Financials

$140K$40K2024
Revenue Expenses · by fiscal year end
Financials of WEV FUNDING SOLUTIONS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$140,323$40,290$100,033$1,760,661$1,074,306$686,355
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$120,000
Program service revenue
$16,795
Investment income
$3,528
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$12,930
Program services (functional)
$40,240
Management and general (functional)
$50

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$1,760,661
Total liabilities, end of year
$1,074,306
Net assets, end of year
$686,355
Net assets without donor restrictions
$235,918
Net assets with donor restrictions
$450,437
Gross receipts
$140,323
Employees
0
Volunteers
5
Year formed
2023
State of legal domicile
CA

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
NICOLA PARRCEO
Officer
10$0$147,089$9,615
ALE ORTEGA-BOTELLOBOARD MEMBER
Trustee or director
0.25$0$0$0
MELISSA LIVINGSTONBOARD MEMBER
Trustee or director
0.25$0$0$0
SIMON DIXONSECRETARY
Trustee or director
0.25$0$0$0
LETICIA ZUNIGABOARD MEMBER
Trustee or director
0.25$0$0$0
PRIMITIVA HERNANDEZBOARD MEMBER
Trustee or director
0.25$0$0$0

Address and contacts

Address (IRS master file)
21 E CANON PERDIDO ST STE 301, SANTA BARBARA, CA 93101-7209
Principal officer (990 for 2024)
NICOLA PARR, 21 E CANON PERDIDO ST STE 301, SANTA BARBARA, CA 93101
Signed the 990
NICOLA PARR, CEO
Phone
(805) 965-6073
Return prepared by
ALLISON & GIBB LLP

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.

990 for the year ended December 31, 2024

Program accomplishments

  • WEV 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.
    Expenses $40,240 · revenue $16,795

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024No data

IRS record

EIN
93-4132075
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,760,661
Income (IRS master file)
$140,323

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about WEV FUNDING SOLUTIONS

What is the EIN of WEV FUNDING SOLUTIONS?
The employer identification number (EIN) of WEV FUNDING SOLUTIONS is 93-4132075.
Is WEV FUNDING SOLUTIONS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to WEV FUNDING SOLUTIONS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WEV FUNDING SOLUTIONS 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 WEV FUNDING SOLUTIONS 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 WEV FUNDING SOLUTIONS 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 WEV FUNDING SOLUTIONS?
The 990 for the year ended December 31, 2024 names NICOLA PARR.
Who are the officers and directors of WEV FUNDING SOLUTIONS?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does WEV FUNDING SOLUTIONS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $140,323, expenses of $40,290 and total assets of $1,760,661 at year end.

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