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Passes our checks

Women in Derivatives Inc

EIN 47-1467214 · Port Chester, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceFair67 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

To connect, elevate, and advance female professionals in the financial industry through education, mentoring, and sponsorship by leveraging senior leaders within the organization. WIFM currently has over 7,000 participants worldwide

Income
$779,883
Spending
$635,168
Spent on programs
70%
Reserves
18 months of spending
Largest source of income
donations and private grants, 95%
Employees
3
Volunteers
18
Highest pay
$161,991, dir of membership & dev

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 18.0 months of spending.

  • Debt

    20 of 20

    It owes 6% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 19% of income.

  • Income trend

    15 of 15

    Income rose 60% on the year before.

  • Spending floor

    15 of 15

    70% of spending went to programs and raising each dollar of donations cost 15 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 67 out of 100.

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $442,402 spent. Women in Financial Markets (WIFM )Mission is to connect, elevate, and advance female professionals in the financial industry through education, mentoring, and sponsorship by leveraging senior leaders within the organization. WIFM currently has over 7,000 participants worldwide The following are events that were held in 2024:February 6, 2024EmpowerHer: Paving Your Path (Los Angeles)February 13, 2024Asset Management Derivatives Forum - WIFM Washington Update Luncheon (Laguna Niguel)February 20, 2024Italian Derivatives Market- A Discussion on Current Legal Challenges and Future Perspectives (Milan)February 28, 2024Eurex Derivatives Forum (Frankfurt)March 6-27, 2024Women's History Month Series (Virtual)March 7, 2024NYSE Closing Bell Ceremony (NYC)March 20, 2024Increase Your Influence (London)April 17, 2024ISDA AGM- Future of Derivatives Markets: Shaken or Stirred? (Tokyo)May 16, 2024Ladder Up: An Evening of Collective Expertise from Female Leaders (NYC)June 19, 2024WIFM IDX Breakfast (London)June 20, 2024Treasury Clearing: Market Structure Impact and Path to Readiness (NYC)June 25, 2024Summer Leadership Series (Virtual)June 25, 2024Women in Digital Asset Forum (Stamford)July 16, 2024Women Leading the Way: Diverse Perspectives on Women in Financial Markets (NYC)Auguts 7, 2024Wine Down Wednesday with WIFM (Boston)Auguts 8, 2024International Allyship Day (NYC)Auguts 20, 2024Summer Leadership Series (Virtual)Auguts 26, 2024Digital Assets Unveiled: Navigating the Future of Trading (NYC)September 16, 2024TradeTech FX Europe (Amsterdam)October 4, 2024Fixed Income Leaders Summit (London)November 14 , 2024Current State of Play: Women in Commodities (Houston)November 19, 2024Votes and Volatility: Navigating the Market's Election Rollercoaster (Boston)November 19, 2024Market Opportunities and Challenges in 20255 - Leading Buy Side and Sell Side Perspectives (NYC)

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2017 for not filing returns for three years, and reinstated on May 15, 2017.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2017.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.