Recreation & Sports
(N01)
IRS Verified
DX Registered
990 on File
WOMEN IN MOTORSPORTS NORTH AMERICA INC
Financial strength (30%)
59/100
Reliability (20%)
40/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
WIMNA's mission is to encourage, support, and mentor more women to pursue careers in motorsport, educating them about the sport and the types of employment. Communicate how the motorsports industry can better reach, encourage and attract women to roles, and advocate and inspire more programs. Additionally, the organization was awarded a 501 (c)(3) charity status and will support scholarships, mentorship programs, and internships for women.
Financial Overview — FY 2023
$836K
Total Revenue
$724K
Total Expenses
$238K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
96.7%
Fundraising Efficiency
N/A
Operating Reserve
3.94x
Liability-to-Asset
15.5%
Revenue Diversification
92.0%
Executive Compensation
$77K
Compared with Peers
FY 2023
Compared with 11,962 similar organizations
(United States, Recreation & Sports, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
96.7% | 94.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.7% | 4.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.9 mo | 6.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
15.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.0% | 89.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
241.5% | 10.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
511.6% | 14.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.4% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $836K | $724K | $238K | 96.7% | 1 |
| 2022 | $245K | $118K | $126K | 94.5% | 0 |
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