Wimos Association

Tax-deductible

Garyville, LA501(c)(3)Since 2017EmploymentEIN 82-2583806

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Wimos is dedicated to recruiting, retaining, advancing, and promoting women in the maritime industry through knowledge sharing, mentorship, networking, and continuing education.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Run by 129 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
2 of 2
filings with a surplus
Average surplus $98K a year · 36% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
15 mo
of spending, in cash
Looks good: 15.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$395K
+6% vs prior year
Spent
$301K
To programs
83%
Net assets
$413K
By yearFY2022–FY2024
Revenue
$395K
FY2024▲ +6%
Revenue by fiscal year
FY2022$128K
FY2023$177K
FY2024$372K
FY2024$395K
Expenses
$301K
FY2024▲ +40%
Expenses by fiscal year
FY2022Not on file
FY2023$137K
FY2024$216K
FY2024$301K
Net assets
$413K
FY2024▲ +30%
Net assets by fiscal year
FY2022$121K
FY2023$162K
FY2024$318K
FY2024$413K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2018.

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% · $251K Management & general 17% · $50K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See Wimos Association 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 15aNo

Programs and updates

Empowering women in maritime through knowledge sharing and education.

Provided by the organization

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2 programs · $251K · in their own filed words · FY2024
01

Professional Networking & Industry Engagement

Creating opportunities for women in the maritime industry to build professional connections, access career opportunities, and strengthen long-term workforce retention. The program fosters a supportive and inclusive professional community while promoting leadership development, expanding professional networks, and advancing careers…

$153Kprogram expense
02

Workforce Development & Leadership Education

Providing women in maritime with professional development opportunities, leadership education, career advancement resources, industry exposure, and continuing education through workshops, panels, mentoring, networking opportunities, and training events.

$98Kprogram 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$40K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$395K
Ln 12
Fees for servicesLn 2g$212K
Gifts and grantsLn 1h$117K
Other incomeLn 4–11$66K
Money outPt IX
$301K
Ln 25
Programscol B$251K
Managementcol C$50K
Owns and owesPt X
$413K
net assets · Ln 32
Cash and savingsLn 1–2$384K
Total assetsLn 16$413K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$117K
Fundraising eventsLn 1c$56K
Fees for servicesLn 2g$212K
Other incomeLn 4–11$66K
Total revenueLn 12$395K
Assets in detailPt X, end of year
CashLn 1$384K
Cash and savings togetherLn 1–2$384K
Total assetsLn 16$413K
LiabilitiesLn 26$0
Net assetsLn 32$413K
OperationsPt I, VI
EmployeesI 51
VolunteersI 6129
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$274K$384K
Total assetsLn 16$319K$413K
LiabilitiesLn 26$180$0
Net assetsLn 32$318K$413K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K$1K
Other salaries and wagesLn 7$80K$80K
Pension plan contributionsLn 8$3K$3K
Payroll taxesLn 10$6K$6K
Accounting feesLn 11c$165$165
Other fees for servicesLn 11g$28K$12K$16K
Advertising and promotionLn 12$45K$45K
Office expensesLn 13$2K$2K
Information technologyLn 14$5K$5K
TravelLn 17$5K$5K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$111K$111K
All other expensesLn 24e$8K$2K$6K
Total functional expensesLn 25$301K$251K$50K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $372K$216K$156K$318K 990 PDF
FY2023 $177K$137K$40K$162K 990 PDF
FY2022 $128K$121K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $395,373 across 6 lines filed
VIII-1c Fundraising events$55,527
VIII-1f All other contributions, gifts and grants$61,696
VIII-1h Total contributions, gifts and grants$117,223
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $212,417$212,417
VIII-8 Net income from fundraising eventsExcluded from tax $65,733$65,733
VIII-12 Total revenueRelated to mission $212,417 · Unrelated business $0 · Excluded from tax $65,733$395,373
Part IX · Statement of functional expenses $300,790 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $1,113$1,113
IX-7 Other salaries and wagesPrograms $80,000$80,000
IX-8 Pension plan contributionsManagement $2,800$2,800
IX-10 Payroll taxesManagement $5,984$5,984
IX-11c Accounting feesManagement $165$165
IX-11g Other fees for servicesPrograms $11,581 · Management $16,174$27,755
IX-12 Advertising and promotionPrograms $45,482$45,482
IX-13 Office expensesManagement $1,763$1,763
IX-14 Information technologyManagement $4,526$4,526
IX-17 TravelManagement $5,237$5,237
IX-23 InsuranceManagement $7,174$7,174
IX-24 Other expenses (24a–d)Programs $110,809$110,809
IX-24e All other expensesPrograms $2,153 · Management $5,829$7,982
IX-25 Total functional expensesPrograms $251,138 · Management $49,652 · Fundraising $0$300,790
Part X · Balance sheet $412,992 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $274,422$384,042
X-4 Accounts receivableStart of year $44,167$28,950
X-16 Total assetsStart of year $318,589$412,992
X-17 Accounts payable and accrued expensesStart of year $180$0
X-26 Total liabilitiesStart of year $180$0
X-32 Total net assets or fund balancesStart of year $318,409$412,992
X-33 Total liabilities and net assetsStart of year $318,589$412,992
Part XI · Reconciliation of net assets $412,992 net assets at year end
XI-1 Total revenue$395,373
XI-2 Total expenses$300,790
XI-3 Revenue less expenses$94,583
XI-4 Net assets at start of year$318,409
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$412,992

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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