Institute For Economic Empowerment Of Women
- Assets
- $149.4k
- Revenue
- $182.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 20-4541417
Organization Overview
Institute For Economic Empowerment Of Women is located in Oklahoma City, OK. The organization was established in 2006. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Economic Empowerment Of Women 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, Institute For Economic Empowerment Of Women generated $182.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $224.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 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
EDUCATING, MENTORING AND COACHING WOMEN WHO ARE SEEKING EDUCATION ON THE PROCESS AND FRAMEWORK OF PUBLIC POLICY TRAINING AND TO ACQUIRE ENTREPRENEURIAL SKILLS TO HELP START AND GROW A BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEACE THROUGH BUSINESS IS THE INSTITUTE'S PRIMARY PROGRAM. WE TRAIN WOMEN BUSINESS OWNERS FROM AFGHANISTAN AND RWANDA IMPLEMENTED IN A 3 PART PROGRAM: (1) IN-COUNTRY EDUCATION - SELECTED STUDENTS PARTICIPATE IN A 10 WEEK BUSINESS BASICS TRAINING COURSE RESULTING WITH THE CREATION OF AN INDEPTH BUSINESS PLAN, (2) UP TO 19 STUDENTS FROM EACH COUNTRY ARE SELECTED TO TRAVEL TO THE UNITED STATES FOR 3 WEEKS OF LEADERSHIP DEVELOPMENT TRAINING. THIS TRAINING INCLUDES A WEEK OF LECTURES AND ROUND TABLE DISCUSSIONS WITH AMERICAN WOMEN BUSINESS OWNERS, A WEEK OF MENTORSHIP WHERE THE STUDENTS ARE MATCHED WITH AN AMERICAN WOMAN BUSINESS OWNER FROM A SIMILAR INDUSTRY AND PARTICIPATION IN AN INTERNATIONAL WOMEN'S ECONOMIC SUMMIT WHERE DISCUSSIONS CIRCLE AROUND THE ROLE WOMEN CAN EFFECTIVELY PLAY IN THE ECONOMY OF A NATION.
BUSINESS PITCH COMPETITION. BUSINESS OWNERS FROM AFGHANISTAN AND RWANDA COMPETE TO RECEIVE FUNDS TO HELP THEIR BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Terry Neese CEO & Founder | OfficerTrustee | 2 | $0 |
Nancy Hyde Treasurer | OfficerTrustee | 2 | $0 |
Dr Susan Chambers Vice Chair | OfficerTrustee | 2 | $0 |
Cathy Cruzan Chair & President | OfficerTrustee | 2 | $0 |
Monica Smiley Director | Trustee | 2 | $0 |
Erica Anderson Taylor Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,162 |
| Related organizations | $0 |
| Government grants | $4,360 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,760 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,282 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,656 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $182,626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,200 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $11,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,242 |
| Advertising and promotion | $7,461 |
| Office expenses | $3,327 |
| Information technology | $9,504 |
| Royalties | $0 |
| Occupancy | $26,724 |
| Travel | $461 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $336 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,701 |
| All other expenses | $602 |
| Total functional expenses | $224,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,316 |
| Savings and temporary cash investments | $0 |
| 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 | $40 |
| Total assets | $149,356 |
| 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 | $107,356 |
| Net assets with donor restrictions | $42,000 |
| 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 | $149,356 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Institute For Economic Empowerment Of Women has recieved totaling $44,025.
| Awarding Organization | Amount |
|---|---|
Dick And Betsy Devos Family Foundation Grand Rapids, MI PURPOSE: PROJECT/PROGRAM - PEACE THROUGH BUSINESS | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $18,765 |
Mckesson Foundation Dallas, TX PURPOSE: CHARITABLE | $146 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $84 |
Yelp Foundation San Francisco, CA PURPOSE: MATCHING CONTRIBUTION MADE BY EMPLOYEE OF YELP, INC. | $20 |
Pfizer Foundation Inc New York, NY PURPOSE: VOLUNTEER PROGRAM | $8 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heartland Forward Bentonville, AR | $3,100,602 | $9,900,502 |
Arkansas Research Alliance Conway, AR | $2,528,169 | $2,522,456 |
Real Estate Council Inc Dallas, TX | $1,409,391 | $1,647,020 |
The Foundation For Research On Equal Opportunity Austin, TX | $624,869 | $1,480,083 |
Operator Foundation Austin, TX | $143,524 | $731,650 |
Ngage New Mexico Las Cruces, NM | $337,413 | $839,756 |
Research & Development Associates Inc San Antonio, TX | $276,530 | $508,511 |
Bi-State Development Research Institute St Louis, MO | $0 | $23,375 |
Action Plan Oklahoma Inc Oklahoma City, OK | $198,785 | $400,000 |
Institute For Economic Empowerment Of Women Oklahoma City, OK | $149,356 | $182,626 |
North Texas Commission Foundation DFW Airport, TX | $257,060 | $193,131 |
Hrec Inc Houston, TX | $91,820 | $87,000 |