Womens Global Empowerment Fund
- Assets
- $16.7k
- Revenue
- $183.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Denver, CO
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 20-8822616
Organization Overview
Womens Global Empowerment Fund is located in Denver, CO. The organization was established in 2008. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Global Empowerment Fund 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, Womens Global Empowerment Fund generated $183.8k 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 (6.3%) each year. All expenses for the organization totaled $184.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) 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
TO EMPOWER WOMEN THROUGH ECONOMIC, SOCIAL AND POLITICAL PROGRAMS; CREATING OPPORTUNITIES WHILE ADDRESSING INEQUALITY, STRENGTHENING FAMILIES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS OF DECEMBER 2021, OUR CREDIT PLUS PROGRAM HAS GIVEN OVER 30,562 MICRO-CREDIT LOANS. WE PROVIDED OVER 7,000 NEW LOANS IN 2021 TO 720 DIFFERENT BORROWING GROUPS, BASIC BUSINESS TRAINING AND OPPORTUNITIES TO PARTIPANTS IN DEVELOPMENT PROGRAMS. TO DATE WE HAVE HAD NO LOAN DEFAULTS. AS THE BUSINESSES GROW, THE WOMEN HIRE MORE WORKERS AND PEOPLE FROM THEIR VILLAGES, CREATING MORE OPPORTUNITIES. A FOCUS ON WOMEN FARMERS HAS CREATED A A COMPLETE AND VIBRANT FOOD ECONOMY. SOME 2021 HIGHLIGHTS: PEER COUNSELING- ONGOING TRAINING AND SUPPORT FOR 75 WOMEN LEADERS; ACCESS TO JUSTICE FOR WOMEN- THIS PROGRAM PROVIDES RESOURCES AND SUPPORT IN THE JUSTICE SYSTEM. THERE ARE 22 TRAINED COUNSELORS WHO HELP WOMEN NAVIGATE IN 2000 CASES AND MAINTAIN A TOLL FREE NATIONWIDE ACCESS TO RESOURCES; GULU WOMEN'S RESOURCE CENTER HOSTED AN INTERNATIONAL WOMEN'S DAY CONFERENCE AT THE LOCAL RESOURCE CENTER. 200 PEOPLE ATTENDED AND ALL COMPLIED WITH COVID GUIDANCE AND REGULATIONS. 27 PARTICIPANTS FROM THE PROGRAM RAN FOR POLITICAL OFFICE WITH 21 PARTIES SUCCESSFULLY CONTESTING. THE HEALTHY PERIODS INITIATIVE DISTRIBUTED NEARLY 6.5M SANITARY PRODUCTS TO WOMEN AND SCHOOL GIRLS ACROSS THE REGION. THE AGRO LOAN PROGRAM PROVIDED OVER 1000 WOMEN WITH LOANS TO CREATE AND EXPAND SMALL AND MEDIUM SCALE FARM PROJECTS. THERE WERE OVER 570+WOMEN SERVING IN VARIOUS LEADERSHIP POSITIONS ACROSS THE REGION WHO HAD SUCCESSFULLY COMPLETED THE TRAINING PROGRAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Powl Board Chair | OfficerTrustee | 1 | $0 |
Leah Rausch Board Secretary | OfficerTrustee | 1 | $0 |
Louise Martorano Board Treasurer | OfficerTrustee | 1 | $0 |
Julie Dugdale Board Member | Trustee | 1 | $0 |
Erin Flarity Board Member | Trustee | 1 | $0 |
Amy Bush Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $183,522 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,522 |
| Total Program Service Revenue | $0 |
| Investment income | $326 |
| 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 | $183,848 |
| 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 | $37,660 |
| 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 | $22,682 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,566 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,250 |
| Information technology | $10,656 |
| Royalties | $0 |
| Occupancy | $37,820 |
| Travel | $3,122 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,523 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,478 |
| All other expenses | $0 |
| Total functional expenses | $184,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,729 |
| 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 | $16,729 |
| Accounts payable and accrued expenses | $14,716 |
| 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 | $14,716 |
| 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 | $2,013 |
| Total liabilities and net assets/fund balances | $16,729 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Womens Global Empowerment Fund has recieved totaling $109,281.
| Awarding Organization | Amount |
|---|---|
Kathryn B Mcquade Foundation Pennington, NJ PURPOSE: HPI GLOBAL EXPANSION & | $75,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $15,660 |
Charlottesville Area Community Foundation Charlottesville, VA PURPOSE: GENERAL PURPOSES | $15,000 |
Clif Bar Family Foundation Saint Helena, CA PURPOSE: BUILDING STRONGER COMMUNITIES | $3,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $121 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Growth And Opportunity Logan, UT | $2,624,345 | $4,832,853 |
Junior Achievement Of Arizona Tempe, AZ | $8,907,412 | $7,233,481 |
Junior Achievement Rocky Mountain Greenwood Village, CO | $18,471,088 | $14,472,963 |
Mentors International Draper, UT | $5,706,247 | $4,438,718 |
Junior Achievement Of Utah Inc Salt Lake City, UT | $6,903,312 | $2,914,678 |
Junior Achievement Of Greater Kansas City Kansas City, KS | $8,068,599 | $2,265,838 |
Junior Achievement Of Oklahoma Inc Tulsa, OK | $3,845,764 | $1,505,086 |
Maia Denver, CO | $1,535,356 | $1,063,464 |
Womens Bakery Inc Denver, CO | $838,378 | $1,065,951 |
Elevate Global Lincoln, NE | $325,495 | $857,590 |
Unitus Labs Orem, UT | $560,734 | $558,382 |
Junior Achievement Of Kansas Topeka, KS | $498,112 | $704,722 |