Wewfs Corp EIN 86-3757719 Form 990 (PDF) Claim this org

Wewfs Corp FY2024 filing

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Empowers women in financial services with leadership skills, career opportunities, and executive connections. For fiscal year 2024 it reported $509K in revenue, $536K in expenses, and $39K in net assets.Pt I

Founded
2021
Type
Business league / trade association · Community Development
Location
Moon Township, PA
Filings
5 on file (2021–2024)
Revenue
$509KFY2024
Expenses
$536K
Net assets
$39K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  86-3757719 Business league / trade association Moon Township, PA Founded 2021
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Empowers women in financial services with leadership skills, career opportunities, and executive connections.
Leadership
Cristy Ward · President & Director
Money in and out
$509K revenue, $536K expenses
Bottom line
-5% operating surplus
Membership & operating revenue · FY2024
Total revenue
$509K
Pt VIII · Ln 12
Total expenses
$536K
Pt IX · Ln 25
Net assets
$39K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Operating surplus
-5%
revenue over expenses
Earned revenue
99%
of revenue from program services & dues

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$509K
FY2024▼ -31%
Expenses
$536K
FY2024▼ -31%
Total assets
$39K
FY2024▼ -38%
Total liabilities
$0
FY2024
Total revenue
$509K
Pt VIII · Ln 12
Total expenses
$536K
Pt IX · Ln 25
Net assets
$39K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$39K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWewfs Corp
EINHdr · item D86-3757719
Principal addressHdr · item CMoon Township, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2021
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFApr 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & Director
$0Pt VII · Sec A
Treasurer & Director
$0Pt VII · Sec A
Secretary & Director
$0Pt VII · Sec A
See Wewfs Corp executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Organizational impact & activitiesin 2024, wewfs hosted our fifth annual leadership event - our most successful yet - with key housing policy leaders from the federal housing finance agency, consumer financial protection bureau, and fannie mae in attendance.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$504K · 99%
Contributions & grants$5K · 1%
Program service revenue99%$504K
Contributions & grants1%$5K
Total revenueLn 12$509K

Balance Sheet

Part X · end of year
CashLn 1$39K
Total assetsLn 16$39K
Total liabilitiesLn 26$0
Total net assetsLn 32$39K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $39K · Operating expenses/yr $536K
0.9 months
Where the money goes
Program services
Program services — · Total expenses $536K
Management & General
Management & general — · Total expenses $536K
Fundraising
Fundraising — · Total expenses $536K
Cost to raise $1
Fundraising expense $0 · Solicited contributions $150K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $509K
1.0%
Government reliance
Government grants — · Total revenue $509K
Earned-income share
Program service revenue $504K · Total revenue $509K
99%
Investment reliance
Investment income $0 · Total revenue $509K
0%
Program self-sufficiency
Program service revenue $504K · Total expenses $536K
94%
Growth & trend
Revenue growth (YoY)
This year $509K · Prior year $734K
-31%
Net-asset trend (YoY)
End of year $39K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $509K · Expenses $536K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $39K
Net-asset ratio
Net assets $39K · Total assets $39K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $39K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cristy Ward · Reported title PRESIDENT & DIRECTOR · Highest reported compensation $0 · Total expenses $536K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $536K
Peer comparison

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

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%
Revenue growth -31%
Accounting fee ratio 0.5%

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.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$989K revenue · ⤓ 990 PDF
FY2024$509K revenue · viewing · ⤓ 990 PDF
FY2023$734K revenue · ⤓ 990 PDF
FY2022$652K revenue · ⤓ 990 PDF
FY2021$446K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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