High Water Women Foundation Inc is located in New York, NY. The organization was established in 2005. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, High Water Women Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High Water Women Foundation Inc 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 12/2021, High Water Women Foundation Inc generated $210.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $231.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.3%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HIGH WATER WOMEN EMPOWERS WOMEN AND YOUTH IN NEED BY CREATING POWERFUL VOLUNTEER OPPORTUNITIES FOR PROFESSIONALS AND OTHERS THAT PRODUCE PROGRAMS DESIGNED TO EMPOWER UNDER RESOURCED WOMEN AND CHILDREN WITH VALUABLE LIFE SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR YEARLY BACK-TO-SCHOOL BACKPACK DRIVE DIRECTLY BENEFITS AT-RISK ELEMENTARY AND HIGH SCHOOL STUDENTS LIVING IN NEW YORK CITY AND THE TRI-STATE AREA BY PROVIDING A FULLY-SUPPLIED BACKPACK TO START THE NEW SCHOOL YEAR. OUR ALL-VOLUNTEER FUNDRAISING COMMITTEE RAISES MONEY ALLOWING US TO ASSEMBLE THOUSANDS OF BACKPACKS FOR YOUTH THAT ARE HOMELESS, LIVING IN FOSTER CARE AND LIVING IN POVERTY. SINCE THE BACKPACK DRIVE BEGAN IN 2005, WE HAVE PROVIDED MORE THAN 153,000 CHILDREN IN NEED. 160,848 CHILDREN RECEIVED BACKBACKS SINCE 2005.
SINCE 2013 HWW'S ANNUAL INVESTING FOR IMPACT SYMPOSIUM IS A ONE-DAY EVENT THAT PROVIDES OPPORTUNITIES FOR INVESTORS AND FINANCE PROFESSIONALS TO LEARN ABOUT INNOVATION AND INVESTMENT OPPORTUNITIES ACROSS ASSET CLASSES FOR ALIGNING INVESTMENTS WITH IMPACT. THE SYMPOSIUM BRINGS TOGETHER CURRENT AND PROSPECTIVE IMPACT INVESTORS AND OTHER KEY STAKEHOLDERS TO HEAR FROM AND ENGAGE WITH PEERS AND EXPERTS, SHARE IDEAS AND EXPERIENCES, AND PARTICIPATE IN FACILITATED DISCUSSIONS IN THE SPIRIT OF LEARNING AND EXPANDING THE SCOPE OF THE IMPACT DIALOGUE
IN TODAY'S COMPLICATED FINANCIAL WORLD, IT IS INCREASINGLY IMPORTANT FOR YOUNG PEOPLE TO LEARN THE FUNDAMENTALS OF EARNING, SAVING AND INVESTING. IT IS EQUALLY IMPORTANT TO UNDERSTAND THE IMPLICATIONS OF DEBT AND TO AVOID THE PITFALLS OF UNSCRUPULOUS LENDERS AND PHISERS AND OTHER PREDATORY PRACTICES. TO ADDRESS THIS ISSUE, WE JOINED FORCES WITH FINANCIAL INDUSTRY LEGEND MURIEL SIEBERT IN 2009 TO LAUNCH THE MURIEL SIEBERT HIGH WATER WOMEN CAMPAIGN FOR FINANCIAL LITERACY. THE OBJECTIVE OF THE PROGRAM IS TO TEACH LOW-INCOME TEENS AND ADULTS HOW TO MANAGE MONEY RESPONSIBLY AND TO LAY THE GROUNDWORK FOR A MORE SECURE FINANCIAL FUTURE. THE CIRICULUM USED IN THE PROGRAM WAS DEVELOPED BY THE SIEBERT FOUNDATION. HWW HAS UPDATED THE CIRICULUM AND EXPANDED IT FOR USE WITH YOUNG ADULTS. THE STUDENTS GAIN KNOWLEDGE AND SKILLS NECESSARY TO PARTICIPATE IN THE BANKING SYSTEM, AVOID PREDATORY LENDERS, MANAGE DEBT,AVOID BAD CREDIT, UNDERSTAND TAXES AND TO BUDGET AND SPEND WISELY, BECAUSE THESE ESSENTIAL SKILLS ARE NOT INCLUDED IN THE SCHOOL- DAY CURRICULUMS FOR MOST NYC PUBLIC SCHOOL STUDENTS. THE HIGH WATER WOMEN FINANCIAL LITERACY PROGRAM PRESENTS A UNIQUE OPPORTUNITY FOR STUDENTS TO LEARN ABOUT PERSONAL FINANCE IN AFTER-SCHOOL AND COMMUNITY-BASED SETTINGS. PARTNERS: HWW WORKS WITH PROGRAM PROVIDERS UNDER THE NYC DEPARTMENT OF YOUTH AND COMMUNITY DEVELOPMENT AND NONPROFIT SOCIAL SERVICE AND EDUCATIONAL GROUPS TO IDENTIFY AFTER-SCHOOL AND COMMUNITY-BASED SITES FOR THE PROGRAM. WE RECRUIT AND TRAIN VOLUNTEERS, MOSTLY FROM THE FINANCIAL SERVICES INDUSTRY, AND MATCH THEM WITH PROGRAM SITES TO PROVIDE VALUABLE INSTRUCTION TO HUNDREDS OF LOW-INCOME TEENS THROUGHOUT NEW YORK CITY. HWW OFFERS THIS INSTRUCTIONAL PROGRAM AT NO COST TO OUR ORGANIZATIONAL PARTNERS AND PROGRAM SITES. PROGRAM: THE CURRICULUM IS TAUGHT IN EIGHT WEEKLY SESSIONS (WE CAN ALSO PROVIDE A FOUR SESSION MODEL) GENERALLY IN LATE AFTERNOONS AND EARLY EVENINGS. THERE ARE THREE TO FOUR VOLUNTEERS ASSIGNED TO EACH PPROGRAM SITE WHO SHARE TEACHING RESPONSIBILITIES WITH TWO VOLUNTEERS SCHEDULED FOR EACH SESSION. TO PREPARE VOLUNTEERS FOR THE PROGRAM, HWW PROVIDES TRAINING IN THE CURRICULUM AND TIPS FOR TEACHING TEEN AND ADULT AUDIENCES. VOLUNTEERS ARE PROVIDED WITH CURRICULUM MATERIALS AND CLASSROOM SUPPLIES, AND SUPPORTED DURING THEIR VOLUNTEER ASSIGNMENTS BY OTHER EXPERIENCED VOLUNTEERS AND HWW STAFF. INCENTIVES SUCH AS A $25 GIFT CARDS AND COMPLETION CERTIFICATES ARE OFFERED TO STUDENTS WHO COMPLETE THE PROGRAM. HWW DEVELOPED QUESTIONNAIRES FOR STUDENTS AND VOLUNTEERS TO COMPLETE AT THE CONCLUSION OF EACH PROGRAM. THIS FEEDBACK HELPS HWW ASSESS AND IMPROVE THE PROGRAM FOR VOLUNTEERS AND THE STUDENTS. SINCE BEGINNING THE PROGRAM IN 2009, HWW HAS PROVIDED FINANCIAL LITERACY EDUCATION TO MORE THAN 9,000 LOW INCOME NEW YORKERS.
EACH DECEMBER HWW PROVIDES GIFTS TO CHILDREN IN NEED IN NEW YORK CITY. ?THESE GIFTS ARE DISTRIBUTED TO YOUTH IN HOMELESS SHELTERS,LIVING IN FOSTER CARE AND IN LOW INCOME HOUSEHOLDS. IN ADDITION, EACH YEAR HWW PROVIDES OVER ONE HUNDRED VOLUNTEERS TO SUPPORT OUR NONPROFIT PARTNER PROGRAMS AND PROJECTS. THESE PROJECTS RANGE FROM MOCK INTERVIEWS TO ASSISTING AT HOLIIDAY PARTIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alissa Desmarais Executive Director | Officer | 40 | $121,521 |
Anna Snider Chair | OfficerTrustee | 2 | $0 |
Anita Baldwin Vice President | OfficerTrustee | 2 | $0 |
Kayla Southworth Corporate Secretary | OfficerTrustee | 1 | $0 |
Ariane DE Vienne President | OfficerTrustee | 2 | $0 |
Baily Blair Kemper Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $48,614 |
All other contributions, gifts, grants, and similar amounts not included above | $162,279 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $210,893 |
Total Program Service Revenue | $0 |
Investment income | $5 |
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 | $210,898 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
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. | $121,521 |
Compensation of current officers, directors, key employees. | $16,279 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $47,337 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,012 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,570 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $550 |
Office expenses | $4,612 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $3,860 |
All other expenses | $0 |
Total functional expenses | $231,111 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $55,902 |
Savings and temporary cash investments | $7,997 |
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 | $0 |
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 | $63,899 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $61,468 |
Net assets with donor restrictions | $2,431 |
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 | $63,899 |
Over the last fiscal year, we have identified 2 grants that High Water Women Foundation Inc has recieved totaling $14,038.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,019 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,019 |
Organization Name | Assets | Revenue |
---|---|---|
United Way Of New York City New York, NY | $40,512,646 | $61,047,819 |
United Way Of Massachusetts Bay Inc Boston, MA | $61,459,192 | $54,248,060 |
Childrens Rescue Fund Bronx, NY | $24,029,170 | $53,044,030 |
Jewish Federation Of Greater Philadelphia Philadelphia, PA | $424,827,168 | $56,076,653 |
Masonic Charity Foundation Of New Jersey Burlington, NJ | $172,221,934 | $43,314,018 |
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY | $189,540,443 | $45,112,374 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA | $71,821,513 | $41,142,392 |
United Way Of Connecticut Rocky Hill, CT | $9,253,569 | $38,307,240 |
Jewish Federation Of Greater Pittsburgh Pittsburgh, PA | $277,158,927 | $43,372,124 |
Foundation For Jewish Philanthropies Getzville, NY | $249,898,212 | $25,804,353 |
United Way Of Greater Philadelphia And Southern New Jersey Philadelphia, PA | $111,398,154 | $23,240,167 |
Colcom Foundation Pittsburgh, PA | $406,634,028 | $48,313,267 |