Sowhope Org
- Assets
- $651.6k
- Revenue
- $574.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Rockford, MI
- Founding
- 10/2006
- Data as of
- 12/2022
- EIN
- 14-1946849
Organization Overview
Sowhope Org, operating under the name SowHope, is located in Rockford, MI. The organization was established in 2006. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, SowHope employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. SowHope 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, SowHope generated $574.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $593.6k during the year ending 12/2022. While expenses have increased by 15.4% per year over the past 5 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
TO INSPIRE WOMEN AROUND THE WORLD BY PROMOTING WELLNESS, EDUCATION, AND ECONOMIC OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WELLNESS PROGRAM SERVES THE PHYSICAL AND EMOTIONAL NEEDS OF WOMEN WHOSE HEALTH IS AT RISK. 3959 WOMEN WERE IMPACTED THROUGH 6 PROJECTS IN 6 DEVELOPING COUNTRIES. THE PROJECTS IN 2022 INCLUDED MATERNAL HEALTHCARE, AIDS CARE AND PREVENTION, FISTULA REPAIR, CATARACT SURGERY, ESCAPE AND RECOVERY FROM FORCED PROSTITUTION, RAPE, ARMED VIOLENCE AND OTHER SEVERE ABUSIVE SITUATIONS.
THE EDUCATION PROGRAM SERVES THE LITERACY NEEDS OF ILLITERATE WOMEN. ADDITIONALLY, WE FUNDED VOCATIONAL AND TECHNICAL TRAINING. 1847 WOMEN WERE SERVED THROUGH THE SOWHOPE EDUCATION PROGRAM OF 2022. THIS INCLUDES 10 PROJECTS IN 9 DEVELOPING NATIONS.
THE ECONOMIC PROGRAM SERVES TO PROVIDE ECONOMIC EMPOWERMENT THOROUGH MICROFINANCE AND SMALL BUSINESS TRAINING. 5163 WOMEN WERE SERVE THROUGH THE SOWHOPE ECONOMIC PROGRAM IN 2022 INCLUDING FUNDING 12 PROJECTS IN 7 DEVELOPING NATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Dailey Brown Corp President And CEO | Officer | 50 | $85,000 |
David Crawford Corp Treasurer | Officer | 4 | $5,720 |
Mita Fitzjohn Board Chairperson | Trustee | 3 | $0 |
Lizbeth Leeson Board Vice Chair - Corp Vice President | OfficerTrustee | 3 | $0 |
Doreen Mangrum Board & Corp Secretary | OfficerTrustee | 2 | $0 |
Benjamin Borisch Board Treasurer | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $91,870 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $480,357 |
| Noncash contributions included in lines 1a–1f | $7,061 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $572,227 |
| Total Program Service Revenue | $0 |
| Investment income | $1,732 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $573,959 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $87,673 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $262,327 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,000 |
| Compensation of current officers, directors, key employees. | $11,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,916 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,368 |
| Office expenses | $22,071 |
| Information technology | $1,716 |
| Royalties | $0 |
| Occupancy | $6,069 |
| Travel | $21,475 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $593,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,248 |
| Savings and temporary cash investments | $455,757 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,580 |
| 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 | $651,585 |
| Accounts payable and accrued expenses | $14,456 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,456 |
| Net assets without donor restrictions | $637,129 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $651,585 |
Grants Awarded
Over the last fiscal year, Sowhope Org has awarded $87,673 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PARTNERS IN COMPASSIONATE CARE PURPOSE: Wellness | $32,500 |
HARVEST BRIDGE PURPOSE: Wellness & Education | $39,173 |
HAGAR USA PURPOSE: Economic | $16,000 |