Athena Foundation FY2021 filing

Tax-deductible

Lansing, MI501(c)(3)EIN 38-2717362Revenue $374K in FY2021

On file with the IRSathenainternational.org2425 E Grand River Ave, 48912-3291 · Lansing, MITax-exempt since Nov 1987Publicly supported — 509(a)(2)

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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.
83¢ of each $1 spent went to programs.
$54K 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

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
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
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $8K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$54K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$206K
354% of total assets
Concern: liabilities are 354% of assets; over 80%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$374K
+32% vs prior year
Spent
$336K
To programs
83%
Net assets
−$148K
By yearFY2020–FY2024
Revenue
$374K
FY2021▲ +32%
Tap a bar for its year
Revenue by fiscal year
FY2020$283K
FY2021$374K
FY2022$430K
FY2023$371K
FY2024$383K
Expenses
$336K
FY2021▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$340K
FY2021$336K
FY2022$469K
FY2023$317K
FY2024$337K
Net assets
−$148K
FY2021▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020−$186K
FY2021−$148K
FY2022−$187K
FY2023−$133K
FY2024−$87K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $278K Management & general 17% · $58K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $54K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$29,425Pt VII · Sec A
Previous Pre
$24,475Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Tresurer
$0Pt VII · Sec A
Director
$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.

See Athena Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

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

Provided by the organization

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1 program · $278K · in their own filed words · FY2021
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.

$278Kprogram expense

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

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$374K
Ln 12
Fees for servicesLn 2g$210K
Gifts and grantsLn 1h$136K
Other incomeLn 4–11$28K
Money outPt IX
$336K
Ln 25
Programscol B$278K
Managementcol C$58K
Owns and owesPt X
−$148K
net assets · Ln 32
Cash and savingsLn 1–2$51K
Total assetsLn 16$58K
LiabilitiesLn 26$206K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$136K
Government grantsLn 1e$40K
Fees for servicesLn 2g$210K
Other incomeLn 4–11$28K
Total revenueLn 12$374K
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$4K
Cash and savings togetherLn 1–2$51K
Land, buildings, equipmentLn 10c$900
Total assetsLn 16$58K
LiabilitiesLn 26$206K
Net assetsLn 32−$148K
OperationsPt I, VI
EmployeesI 53
VolunteersI 614
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$30K$51K
Land, buildings, equipmentLn 10c$900$900
Total assetsLn 16$31K$58K
LiabilitiesLn 26$217K$206K
Net assetsLn 32−$186K−$148K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$55K$48K$7K
Other salaries and wagesLn 7$5K$5K$209
Payroll taxesLn 10$5K$4K$577
Management feesLn 11a$100K$87K$13K
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$48K$45K$3K
Advertising and promotionLn 12$16K$10K$7K
Office expensesLn 13$20K$17K$3K
Information technologyLn 14$5K$5K
TravelLn 17$1K$855$285
InterestLn 20$723$723
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$61K$61K$14
Total functional expensesLn 25$336K$278K$58K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $383K$337K$46K−$87K 990 PDF
FY2023 $371K$317K$54K−$133K 990 PDF
FY2022 $430K$469K−$39K−$187K 990 PDF
FY2021 Viewing $374K$336K$38K−$148K 990 PDF
FY2020 $283K$340K−$58K−$186K 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
See the full FY2021 990 (6 parts)
Part I · Summary $374,328 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $40,470$136,320
I-9 Program service revenuePrior year $238,919$210,144
I-10 Investment income$0
I-11 Other revenuePrior year $3,227$27,864
I-12 Total revenuePrior year $282,616$374,328
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $113,968$64,113
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $226,163$272,170
I-18 Total expensesPrior year $340,131$336,283
I-19 Revenue less expensesPrior year −$57,515$38,045
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $374,328 across 7 lines filed
Lines not itemized here account for $4,285 of total revenue; see the IRS return.
VIII-1b Membership dues$76,000
VIII-1e Government grants$39,900
VIII-1f All other contributions, gifts and grants$20,420
VIII-1h Total contributions, gifts and grants$136,320
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $210,144$210,144
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $23,579$23,579
VIII-12 Total revenueRelated to mission $233,723 · Unrelated business $4,285$374,328
Part IX · Statement of functional expenses $336,283 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $47,546 · Management $7,025$54,571
IX-7 Other salaries and wagesPrograms $4,576 · Management $209$4,785
IX-10 Payroll taxesPrograms $4,180 · Management $577$4,757
IX-11a Management feesPrograms $87,475 · Management $12,576$100,051
IX-11c Accounting feesManagement $14,655$14,655
IX-11g Other fees for servicesPrograms $45,161 · Management $3,001$48,162
IX-12 Advertising and promotionPrograms $9,628 · Management $6,691$16,319
IX-13 Office expensesPrograms $17,347 · Management $2,520$19,867
IX-14 Information technologyManagement $4,995$4,995
IX-17 TravelPrograms $855 · Management $285$1,140
IX-20 InterestManagement $723$723
IX-23 InsuranceManagement $5,193$5,193
IX-24 Other expenses (24a–d)Programs $61,051 · Management $14$61,065
IX-25 Total functional expensesPrograms $277,819 · Management $58,464 · Fundraising $0$336,283
Part X · Balance sheet $58,232 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $27,243$46,574
X-2 Savings and temporary cash investmentsStart of year $3,014$4,089
X-4 Accounts receivable$6,669
X-10c Land, buildings and equipment, netStart of year $900$900
X-16 Total assetsStart of year $31,157$58,232
X-17 Accounts payable and accrued expensesStart of year $63,742$70,585
X-19 Deferred revenueStart of year $58,250$58,093
X-24 Unsecured notes and loans payableStart of year $25,000$25,000
X-25 Other liabilitiesStart of year $45,511$45,293
X-26 Total liabilitiesStart of year $216,895$205,925
X-27 Net assets without donor restrictionsStart of year −$185,738−$147,693
X-32 Total net assets or fund balancesStart of year −$185,738−$147,693
X-33 Total liabilities and net assetsStart of year $31,157$58,232
Part XI · Reconciliation of net assets −$147,693 net assets at year end
XI-1 Total revenue$374,328
XI-2 Total expenses$336,283
XI-3 Revenue less expenses$38,045
XI-4 Net assets at start of year−$185,738
XI-10 Net assets at end of year−$147,693

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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