Athena Foundation FY2020 filing

Tax-deductible

Lansing, MI501(c)(3)EIN 38-2717362

Athena international is a non-profit organization that develops, supports and honors girls and women from the classroom to the boardroom, building a global pipeline of women leaders.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$79K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
3 of 5
years in the black
Worth a look: 2 of the last 5 filings show a deficit.
Pt I · Ln 19 · 5 filings
How much reaches the programs?
70%
of spending
Worth a look: 70% of spending went to programs; under 75% is worth a look.
Pt IX · Ln 25 · col B
What are leaders paid?
$79K
to officers and key staff · 23% of spending
Worth a look: leaders' pay is 23% of spending; over 15% is worth a look.
Pt VII · Sec A
Do they have reserves?
1 mo
of spending, in cash
Worth a look: 1.1 months of spending in cash; under 3 is worth a look.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $10K
Worth a look: 1 funder names it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$217K
liabilities
Concern: debts are 696% of assets; over 80% is a concern.
Pt X · Ln 26
Who oversees it?
12
independent of 12 voting board members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$283K
Spent
$340K
To programs
70%
Net assets
−$186K
By yearFY2020–FY2024
Revenue
$283K
FY2020
Revenue by fiscal year
FY2020$283K
FY2021$374K
FY2022$430K
FY2023$371K
FY2024$383K
Expenses
$340K
FY2020
Expenses by fiscal year
FY2020$340K
FY2021$336K
FY2022$469K
FY2023$317K
FY2024$337K
Net assets
−$186K
FY2020
Net assets by fiscal year
FY2020−$186K
FY2021−$148K
FY2022−$187K
FY2023−$133K
FY2024−$87K

From the FY2020 Form 990 · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CAthena Foundation
EINHdr · item D38-2717362
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 1987
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CLansing, MI
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jathenainternational.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.30
Program services70%$237K
Management & general30%$103K
Total functional expensesLn 25$340K

Financial health

Is it on solid ground?

Program efficiency
70%
of spending reaches programs
Operating runway
1.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$31K
FY2020
Total assets by fiscal year
FY2020$31K
FY2021$58K
FY2022$27K
FY2023$64K
FY2024$189K
Total liabilities
$217K
FY2020
Total liabilities by fiscal year
FY2020$217K
FY2021$206K
FY2022$214K
FY2023$196K
FY2024$276K
Revenue less expensesPt I · Ln 19−$58K
Total assetsPt X · Ln 16$31K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Balance Sheet

Part X · end of year
CashLn 1$30K
Total assetsLn 16$31K
Total liabilitiesLn 26$217K
Total net assetsLn 32−$186K
Months of cash on handcomputed1.1

Statement of Revenue

Part VIII
Program service revenue$239K · 85%
Contributions & grants$40K · 14%
Other revenue$3K · 1%
Program service revenue85%$239K
Contributions & grants14%$40K
Other revenue1%$3K
Total revenueLn 12$283K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $30K · Operating expenses/yr $340K
1.1 months
Where the money goes
Program services
Program services $237K · Total expenses $340K
70%
Management & General
Management & general $103K · Total expenses $340K
30%
Fundraising
Fundraising $0 · Total expenses $340K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $40K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $40K · Total revenue $283K
14%
Government reliance
Government grants — · Total revenue $283K
—
Earned-income share
Program service revenue $239K · Total revenue $283K
85%
Investment reliance
Investment income $0 · Total revenue $283K
0%
Program self-sufficiency
Program service revenue $239K · Total expenses $340K
70%
Growth & trend
Revenue growth (YoY)
This year $283K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year −$186K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $283K · Expenses $340K
-20%
Liabilities-to-Assets
Total liabilities — · Total assets $31K
—
Net-asset ratio
Net assets −$186K · Total assets $31K
-596%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $31K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Andrea Stevenson-Conner · Reported title PREVIOUS PRE · Highest reported compensation $46K · Total expenses $340K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $114K · Total expenses $340K
34%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%——
Overhead ratio 30%——
Fundraising cost ratio 0%——
Accounting fee ratio 0.4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$45,856Pt VII · Sec A
President
$33,362Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Traci Costa$89,100$57,192———
Traci Corey——$50,050$29,425—
Andrea Stevenson-Conner————$45,856
Ann Playter———$24,475$33,362

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 12Voting board membersPt VI · Ln 1a
  • 12Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Develops, supports, and honors girls and women to build a global pipeline of leaders.

Provided by the organization

This section is blank until Athena Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $237K of program spending, described in the organization's own filed words · FY2020.
01

Athena international is a nonpartisan, nonprofit organization dedicated to building a global pipeline of women leaders from the classroom to the boardroom who will create a balance in the voices of leadership worldwide.

$237Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $383K$337K+3% 990 PDF
FY2023 $371K$317K-14% 990 PDF
FY2022 $430K$469K+15% 990 PDF
FY2021 $374K$336K+32% 990 PDF
FY2020 Viewing $283K$340K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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