WOMENS FORUM OF NEW YORK INC Charity Report

Public IRS 990 nonprofit record

WOMENS FORUM OF NEW YORK INC

EIN 13-3098501 · Womens Service Clubs (S81)

What they do

WOMENS FORUM of NEW YORK, INC. MOST SIGNIFICANT PROGRAMS ARE:1. THE SCHOLARS PROGRAM (FORMERLY REFERRED to AS THE FELLOWS PROGRAM) WHICH PROVIDES FINANCIAL AWARDS to WOMEN 25 and OVER WHO HAVE DEMONSTRATED HIGH POTENTIAL, BUT WHOSE EDUCATION and LIFE PATH HAVE BEEN DISRUPTED BY EXTREME ADVERSITY. THESE WOMEN FREQUENTLY FALL OUTSIDE THE SCOPE of TRADITIONAL SCHOLARSHIP PROGRAMS and OUR AWARDS HELP THEM COMPLETE THEIR EDUCATION and GET THEIR LIVES BACK ON TRACK. OVER 30 YEARS, THE WOMENS FORUM of NEW YORK HAS RAISED MONEY THROUGH MEMBER DONATIONS and OUR ANNUAL FUNDRAISER, THE ELLY AWARDS, ENABLING US to HELP OVER 380 WOMEN REGAIN THEIR SELF-ESTEEM, RELAUNCH THEIR LIVES and BECOME ROLE MODELS for THEIR FAMILIES. 2. THE CORPORATE BOARD INITIATIVE WHICH ADVANCES WOMENS LEADERSHIP ON CORPORATE BOARDS THROUGH EDUCATION and OUTREACH.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $58.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.63%of revenue went to mission work58.1% of expenses · Program services

14.77%of revenue went to fundraising10.5% of expenses

$140.46spent for every $100 of revenueSpending was higher than revenue this year.

44.06%of revenue went to management and office costs31.4% of expenses

$1.14in assets for every $1 spent this yearSome assets cannot be spent right away.

73.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $451,285 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $246,093 for SUZY E BROWN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,115,362

Mission workProgram services$910,46481.63% of revenue58.1% of expenses

ManagementOffice and general costs$491,42344.06% of revenue31.4% of expenses

FundraisingAsking for donations$164,76014.77% of revenue10.5% of expenses

Total expenses$1,566,647140.46% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 58.1% mission · 31.4% management · 10.5% fundraisingTotal expenses: 140.46% of revenue

2023Expense mix: 72.8% mission · 19.2% management · 8.0% fundraisingTotal expenses: 122.77% of revenue

2022Expense mix: 61.4% mission · 20.8% management · 17.7% fundraisingTotal expenses: 287.58% of revenue

2021Expense mix: 88.7% mission · 5.1% management · 6.2% fundraisingTotal expenses: 112.47% of revenue

2020Expense mix: 68.3% mission · 12.7% management · 19.0% fundraisingTotal expenses: 74.78% of revenue

2019Expense mix: 87.8% mission · 2.8% management · 9.4% fundraisingTotal expenses: 74.79% of revenue

2018Expense mix: 79.4% mission · 4.8% management · 15.8% fundraisingTotal expenses: 99.19% of revenue

2017Expense mix: 87.6% mission · 3.1% management · 9.4% fundraisingTotal expenses: 55.98% of revenue

Money in and money out

Revenue$1,115,362

Expenses$1,566,647

Annual shortfall $451,285 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$910,464 · 58.1% of expenses

Management and office costs$491,423 · 31.4% of expenses

Fundraising$164,760 · 10.5% of expenses

See all reported dollar amounts

Revenue$1,115,362

Expenses$1,566,647

Assets$1,783,029

Income$3,212,409

Contributions$820,118

Mission work (program services)$910,464

Fundraising$164,760

Management and general$491,423

Stocks and bonds$1,681,323

Accounting fees$61,775

Investing fees$750

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SUZY E BROWNEXECUTIVE DIRECTOR · 20 hrs/week $246,093Base $220,176 · Other $25,917

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

SUZY E BROWNEXECUTIVE DIRECTOR

JESSICA L PORTERSECRETARY

XAN RASKINDIRECTOR

SUSAN ROBINSONDIRECTOR

STEPHANIE MEHTADIRECTOR

SHERRY WILLIAMSDIRECTOR

SAPNA SHAHDIRECTOR

PAULA BENNETTDIRECTOR

PAM CRAIGDIRECTOR

MELINDA WHITEDIRECTOR

LOUISE PENNINGTONDIRECTOR

KAROL MASONDIRECTOR

JOCELYNNE RAINEYDIRECTOR

ANIK LAPOINTETREASURER

JEANNE KWONG BICKFORDDIRECTOR

ILENE WACHSDIRECTOR

GLORIA FELDTDIRECTOR

G ELAINE WOODDIRECTOR

FRANCES RESHESKEVICE PRESIDENT

FELICE FORER AXELRODDIRECTOR

EMMA CLURMANDIRECTOR

ELIZABETH NIETODIRECTOR

DONNA PALUMBO-MIELEDIRECTOR

DAISEY HOLMESPRESIDENT

CARRIE BARRATTDIRECTOR

CAMILLE ASARODIRECTOR

About this charity

Recognized since: January 1982
Location: 1 E 53RD STREET 5TH FLOOR, NEW YORK, NY 10022-4200
County: New York
In care of: ANIK LAPOINTE
Primary officer: ANIK LAPOINTE, TREASURER

How to reach them

Phone(212) 447-9107

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Womens Service Clubs (S81)
IRS tax category: Womens Service Clubs