Minnesota · Nonprofit
WOMENVENTURE
WOMENVENTURE (Minnesota) receives grants from 55 organizations whose IRS filings report $5,475,793 to it, the largest being JOYFUL NOISE CHARITABLE FOUNDATION ($625,000). 41 of them have funded it in more than one year.
- Revenue FY2025
- $4.3M
- Funders on record
- 55
- Grants received
- $5.5M
- Net assets
- $3.1M
What Womenventure does
Mission
To empower women to achieve their economic goals by building profitable and sustainable businesses that transform communities.
As stated on its FY2025 Form 990.
Programs
Entrepreneurship:women's business center - the women's business center (wbc) at Womenventure is one of two wbcs in minnesota. Wbcs are part of a network of nearly 100 educational centers designated by the us small business administration (sba) to level the playing field for women entrepreneurs who face unique obstacles in the world of business. Wbcs ensure that resources like small business development classes and consulting are available to all women entrepreneurs and specifically those who are economically or socially disadvantaged. Womenventure is easily accessible by bus and offers scholarships for classes and services to qualifying clients. (continued on schedule o)training - Womenventure supports entrepreneurs with a variety of classes, workshops and seminars, including levels for startup, emerging, and growing businesses. Key multipart series include getting ready, where clients determine if entrepreneurship is right for them; small business essentials, a 5-session course that covers all of the critical components of creating and fine-tuning a business plan to launch their entrepreneurial endeavors with confidence; and launched & growing, a 10-session course designed to…
$1,778,208 spentof which $396,429 as grants$27,472 earned by the program59% of program spendingLending:microloans - Womenventure is an sba microloan provider offering business loans up to $100,000 to qualified borrowers to start or expand small businesses. Womenventure's loan staff guides applicants through the process to determine readiness and qualifications. Other capital and technical assistance - sources include funds from the minnesota department of employment and economic development (deed), sba, community development financial institution (cdfi), private foundations and the city of minneapolis.Womenventure deployed 46 loans totaling $1,586,800.
$1,234,070 spentof which $129,271 as grants$309,781 earned by the program41% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,012,278.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $3.3M to $4.9M (+48%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 22% · 2018 52% · 2019 38% · 2020 34% · 2021 74% · 2022 76% · 2023 57% · 2024 50% · 2025 49%. Grants only. Government contracts and fees sit inside program revenue.
92% of WOMENVENTURE’s revenue is contributions — more donation-reliant than the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Leeann Rasachak
Chief executive officer
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 9 funders to 27 funders, grant income rose $369k → $998k.
13 of 55 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of WOMENVENTURE’s funders (the co-funder graph). Top 30 of 55 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
WOMENVENTURE has a broad base — no single funder exceeds 11% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
41% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WOMENVENTURE.
Largest funder’s share by year: 2017 47% · 2018 31% · 2019 29% · 2020 25% · 2021 29% · 2022 17% · 2023 25% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
43% of WOMENVENTURE's funders are still giving 3 years after their first grant; 75% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
82% of WOMENVENTURE's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
WOMENVENTURE is better cushioned than half of the 2,299 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025
Government funding WOMENVENTURE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7.2M on record.
- Department of the Treasury$3.7M
- Small Business Administration$2.9M
- Department of Housing and Urban Development$600k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like WOMENVENTURE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for WOMENVENTURE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds WOMENVENTURE?
- WOMENVENTURE (Minnesota) receives grants from 55 organizations whose IRS filings report $5,475,793 to it, the largest being JOYFUL NOISE CHARITABLE FOUNDATION ($625,000). 41 of them have funded it in more than one year.
- How many funders does WOMENVENTURE have?
- IRS filings report 55 organizations giving $5,475,793 in grants to WOMENVENTURE, 41 of which have funded it in more than one year.
- Who is the largest funder of WOMENVENTURE?
- JOYFUL NOISE CHARITABLE FOUNDATION is the largest funder on record, with $625,000 in grants. The full list of funders is on this page.
- How can an organization like WOMENVENTURE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 55 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing