Women In Progress Inc
- Assets
- $442.7k
- Revenue
- $571.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Minneapolis, MN
- Founding
- 11/2002
- Data as of
- 12/2022
- EIN
- 01-0697940
Organization Overview
Women In Progress Inc, operating under the name Global Mamas, is located in Minneapolis, MN. The organization was established in 2002. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Global Mamas employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Mamas is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Global Mamas generated $571.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $596.4k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WOMEN IN PROGRESS WORKS TO ACHIEVE THE ECONOMIC INDEPENDENCE OF AFRICAN WOMEN AND ALLEVIATE POVERTY AT A GRASSROOTS LEVEL BY CREATING JOBS AND INCOME GENERATION OPPORTUNITIES THAT PROVIDE WOMEN WITH A SUSTAINABLE, LIVING WAGE AND AT THE SAME TIME ESTABLISHES MUTUAL UNDERSTANDING AMONG PEOPLE OF DIVERSE CULTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT PROGRAMS: INTERNATIONAL TRADE - PROVIDED $327,738 IN CONTRACT LABOR AND WAGE PAYMENTS TO WOMEN - DIRECTLY IMPACTING THE LIVES OF 275 LOW-INCOME WOMEN IN AFRICA. (275 WOMEN)
ECONOMIC DEVELOPMENT PROGRAMS: CAPACITY BUILDING - PROVIDED HUNDREDS OF HOURS OF PRACTICAL, HANDS-ON TRAINING, PERSONALIZED TECHNICAL ASSISTANCE, BASIC COMPUTER TRAINING, AND HEALTH CARE TRAINING TO WOMEN IN GHANA IN ORDER TO STRENGTHEN THEIR CAPACITY TO 1) MANAGE THEIR GROWING ENTERPRISES, 2) MANAGE THEIR GROWING PERSONAL INCOME AND SHIFT FROM HAVING DEBT TO SAVING FOR THEIR FUTURES, 3) IMPROVE THE QUALITY AND DESIGN OF THEIR HAND-CRAFTED PRODUCTS, AND 4) IMPROVE THEIR QUALITY OF LIVING THROUGH HEALTH CARE AND GENDER EQUITY RELATED PROGRAMS. (275 WOMEN)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Doherty Board Member/international Trade Director | OfficerTrustee | 60 | $66,154 |
Renae Adam Exec Director/ceo | OfficerTrustee | 60 | $58,798 |
Brittany Campanelli Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $91,397 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,136 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,533 |
| Total Program Service Revenue | $8,470 |
| Investment income | $684 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $405,169 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $571,856 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $106,237 |
| Compensation of current officers, directors, key employees. | $10,624 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $178,175 |
| Pension plan accruals and contributions | $20,602 |
| Other employee benefits | $4,779 |
| Payroll taxes | $84,979 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20 |
| Fees for services: Accounting | $825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,654 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,485 |
| Advertising and promotion | $11,295 |
| Office expenses | $34,585 |
| Information technology | $4,821 |
| Royalties | $0 |
| Occupancy | $28,094 |
| Travel | $32,366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,651 |
| Interest | $22,091 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,998 |
| All other expenses | $0 |
| Total functional expenses | $596,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,426 |
| Savings and temporary cash investments | $147,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $700 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $218,983 |
| Prepaid expenses and deferred charges | $1,450 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $442,683 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $79,944 |
| Secured mortgages and notes payable | $205,918 |
| Unsecured mortgages and notes payable | $93,791 |
| Other liabilities | $0 |
| Total liabilities | $379,653 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $63,030 |
| Total liabilities and net assets/fund balances | $442,683 |