Nonprofit · EIN 95-3674624
WOMENS ECONOMIC VENTURES
Tax-exempt · SANTA BARBARA, CA 93101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,190,032 | $3,823,589 | $366,443 | $4,255,564 | $1,618,854 | $2,636,710 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,362,817
- of which government grants
- $2,276,958
- Program service revenue
- $265,339
- Investment income
- $559,997
- Net gain from sales of assets
- $455,876
- Other revenue
- $1,879
Expenses
- Grants and similar amounts paid
- $963,711
- Compensation of officers, directors and key employees
- $156,704
- Other salaries and wages
- $1,457,443
- Salaries, compensation and benefits (total)
- $2,047,133
- Professional fundraising fees
- $0
- Legal fees
- $2,624
- Accounting fees
- $58,472
- Occupancy
- $174,279
- Depreciation
- $30,480
- Program services (functional)
- $3,090,930
- Management and general (functional)
- $519,641
- Fundraising (functional)
- $213,018
Balance sheet and other
- Total assets, start of year
- $6,754,564
- Total assets, end of year
- $4,255,564
- Total liabilities, end of year
- $1,618,854
- Net assets, end of year
- $2,636,710
- Land, buildings and equipment
- $59,000
- Publicly traded securities
- $2,556,527
- Net assets without donor restrictions
- $1,701,341
- Net assets with donor restrictions
- $935,369
- Gross receipts
- $5,759,707
- Employees
- 54
- Volunteers
- 40
- Year formed
- 1981
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARSHA BAILEY | CEO EMERITUS Highest-paid employee | 0 | $182,308 | $0 |
| NICOLA PARR | CEO Officer | 40 | $147,089 | $9,615 |
| KATHY ODELL | CEO (FORMER) Former | 40 | $156,020 | $0 |
| DEVON JOHNSON | DIR. OF GRAN Highest-paid employee | 40 | $108,923 | $880 |
| MELISSA LIVINGSTON | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SCOTT HANSEN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CAROLA NICHOLSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SIMON DIXON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| KATYA ARMISTEAD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARIA BALLESTEROS-SOLA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ALESSANDRA FANTONI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ALI FARR MCCARTY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| EMILY LATOUR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ALE ORTEGA-BOTELLO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DEANNA STEIGER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA ROSSI | BOARD MEMBER Trustee or director | 2 | $0 |
| KRISTINA ERIKSEN | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDREW WINCHESTER | BOARD MEMBER Trustee or director | 2 | $0 |
| BANK STAPLES PECHT | BOARD MEMBER Trustee or director | 2 | $0 |
| JUNEMARIE JUSTUS | BOARD MEMBER Trustee or director | 2 | $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 301, SANTA BARBARA, CA 93101
- Signed the 990
- NICOLA PARR, CEO
- Phone
- (805) 965-6073
- Return prepared by
- ALLISON & GIBB LLP
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.
Program accomplishments
- 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
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
- 95-3674624
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W70Z)
- Assets (IRS master file)
- $4,255,564
- Income (IRS master file)
- $5,759,707
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $4,198,397 | $4,460,473 | $6,754,564 | IRS |
| 990 | December 2022 | $3,113,690 | $4,194,843 | $6,567,261 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 WOMENS ECONOMIC VENTURES
- What is the EIN of WOMENS ECONOMIC VENTURES?
- The employer identification number (EIN) of WOMENS ECONOMIC VENTURES is 95-3674624.
- Is WOMENS ECONOMIC VENTURES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to WOMENS ECONOMIC VENTURES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WOMENS ECONOMIC VENTURES 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 WOMENS ECONOMIC VENTURES 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 WOMENS ECONOMIC VENTURES 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 WOMENS ECONOMIC VENTURES?
- The 990 for the year ended December 31, 2024 names NICOLA PARR.
- Who are the officers and directors of WOMENS ECONOMIC VENTURES?
- The 990 for the year ended December 31, 2024 lists 20 people; 4 received compensation from the organization, the highest $182,308 (MARSHA BAILEY, CEO EMERITUS).
- How much revenue does WOMENS ECONOMIC VENTURES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,190,032, expenses of $3,823,589 and total assets of $4,255,564 at year end.
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