Woca INC EIN 93-4584084

Woca INC

EIN  93-4584084 Public charity (501(c)(3)) Houston, TX
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes racial and cultural equity in the arts by amplifying women of color leaders' voices and visibility.
Leadership
Dr Debra Johnson · Director
Money in and out
$407K revenue, $183K expenses
Bottom line
34% program efficiency

Promotes racial and cultural equity in the arts by amplifying women of color leaders' voices and visibility. For fiscal year 2024 it reported $407K in revenue, $183K in expenses, and $260K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$407K
Pt VIII · Ln 12
Total expenses
$183K
Pt IX · Ln 25
Net assets
$260K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $224K
Where spending went · Part IX cols B–D
Program services $0.34 Management & general $0.44 Fundraising $0.23
Program efficiency
34%
of spending reaches programs
Operating runway
17.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+55%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$407K
Pt VIII · Ln 12
Total expenses
$183K
Pt IX · Ln 25
Net assets
$260K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$224K
Total assetsPt X · Ln 16$260K
Program-expense ratioPt IX · col B34%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $62K of program spending, described in the organization's own filed words · FY2024.
01

1. The Pipeline: a members-only resource that connects WOCA members with potential career opportunities across our network. The initiative has reached more than 500 leaders in the arts ecosystem, promoting the field's sustainability and offering a pathway for building a robust solidarity economy. 2.

$62Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWoca INC
EINHdr · item D93-4584084
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJun 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President & CEO
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$406K
Program service revenue$2K
Total revenueLn 12$407K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.34 Management & general $0.44 Fundraising $0.23
Program services34%$62K
Management & general44%$80K
Fundraising23%$42K
Total functional expensesLn 25$183K

Balance Sheet

Part X · end of year
CashLn 1$260K
Total assetsLn 16$260K
Total liabilitiesLn 26$0
Total net assetsLn 32$260K
Months of cash on handcomputed17.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $260K · Operating expenses/yr $183K
17.0 months
Where the money goes
Program services
Program services $62K · Total expenses $183K
34%
Management & General
Management & general $80K · Total expenses $183K
44%
Fundraising
Fundraising $42K · Total expenses $183K
23%
Cost to raise $1
Fundraising expense $42K · Solicited contributions $406K
$0.10 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $406K · Total revenue $407K
100%
Government reliance
Government grants — · Total revenue $407K
Earned-income share
Program service revenue $2K · Total revenue $407K
0%
Investment reliance
Investment income $0 · Total revenue $407K
0%
Program self-sufficiency
Program service revenue $2K · Total expenses $183K
1%
Growth & trend
Revenue growth (YoY)
This year $407K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $260K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $407K · Expenses $183K
+55%
Liabilities-to-Assets
Total liabilities — · Total assets $260K
Net-asset ratio
Net assets $260K · Total assets $260K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $260K
0%
People & payroll
Highest Reported Total Compensation
Individual Dr Debra Johnson · Reported title Director · Highest reported compensation $0 · Total expenses $183K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $130K · Total expenses $183K
71%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 34%
Overhead ratio 44%
Fundraising cost ratio 10%
Investment management fee ratio 0%
Legal fee ratio 2%
Accounting fee ratio 4%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$401K

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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
FY2024 (Latest)$407K revenue · viewing · ⤓ 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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