Womens Global Empowerment Fund

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 12/2023, Womens Global Empowerment Fund generated $207.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $192.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

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 2023, OUR CREDIT PLUS PROGRAM HAS GIVEN OVER 40,562 MICROCREDIT LOANS, 3629+ NEW LOANS IN 2023, (498 BORROWING GROUPS), BASIC BUSINESS TRAINING AND OPPORTUNITIES TO PARTICIPANTS IN DEVELOPMENT PROGRAMS. WE MADE OUR FIRST LOAN IN OCTOBER, 2007 AND SINCE APRIL, 2008, HAVE EXPERIENCED RAPID GROWTH. WE CONTINUE TO ADD FUNDS TO OUR LOAN PORTFOLIO, CREATING AND BUILDING CAPACITY IN OUR PROGRAMS. OUR REPUTATION IN THE COMMUNITY IS POSITIVE; WE HAVE A GOOD, SOLID, FAIR PROGRAM, RESULTING IN NEW GROUPS APPLYING WEEKLY. SEVERAL INDICATORS HIGHLIGHT THE SUCCESS OF THIS PROGRAM AND WHERE WE ARE AT THIS POINT IN TIME. ONE, WE HAVE HAD NO DEFAULTS; TWO, GROUPS CONTINUE TO EXPAND AND GROW THEIR BUSINESSES, MANY WOMEN ARE HIRING ASSISTANTS AND EMPLOYEES FROM THEIR VILLAGES; THREE, WE HAVE CREATED A COMPLETE AND VIBRANT LOCAL FOOD ECONOMY BY SUPPORTING WOMEN FARMERS; ALSO, GULU WOMEN'S RESOURCE CENTRE (GWRC) AND LEADERSHIP DEVELOPMENT CONTINUED IN 2023, PROVIDING SUPPORT AND RESOURCES FOR WOMEN AND GIRLS EXPERIENCING GENDER BASED VIOLENCE, FORCED MARRIAGE AND OTHER CHALLENGES. PROGRAM HIGHLIGHTS: * PEER COUNSELING ONGOING TRAINING AND SUPPORT - 238 WOMEN LEADERS * ACCESS TO JUSTICE FOR WOMEN - THIS PROGRAM IS FULLY FUNCTIONING IN THE COMMUNITY PROVIDING WOMEN SUPPORT AND INFORMATION ABOUT THE JUSTICE SYSTEM, NAVIGATING BREAKAGES IN THE JUSTICE CHAIN AND REFERRALS. WE HAVE 22 TRAINED COUNSELORS WHO HAVE HELPED NAVIGATE SUPPORT WOMEN IN OVER 1500 CASES IN 2023 AND A TOLL FREE NATIONWIDE NUMBER HAS BEEN SECURED AND IS FULLY OPERATIONAL. * GWRC SUPPORTED OVER 2000 WOMEN FACING GENDER BASED VIOLENCE BY PROVIDING SUPPORT AND RESOURCES. * 108 GIRLS PREVENTED FROM FORCED/EARLY MARRIAGE THROUGH THE ACCESS TO JUSTICE FAMILY MEDIATION INITIATIVE. * THE HEALTHY PERIODS INITIATIVE HAS DISTRIBUTED NEARLY 8.5M SANITARY PRODUCTS TO WOMEN AND SCHOOL GIRLS, INCLUDING MONTHLY DELIVERIES AND EDUCATION TO WOMEN, GIRLS ACROSS THE REGIONS. IN 2023, 450,000 SANITARY PRODUCTS WERE DELIVERED TO 26 SCHOOLS ACROSS THE REGION. * AGRO LOAN PROGRAM - IN 2023 900+ WOMEN WERE GIVEN AG LOANS TO SUPPORT/CREATE SMALL/MEDIUM SCALE FARM PROJECTS; INCLUDING ONGOING TRAININGS AND SUPPORT. * 572+ SERVING IN LEADERSHIP POSITIONS ACROSS THE REGION.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Powl
Board Chair
$0
Louise Martorano
Board Treasurer
$0
Charlotte Seymour
Board Secretary
$0
Julie Dugdale
Board Member
$0
Erin Flarity
Board Member
$0
Erin Huiting
Board Member
$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$206,956
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$206,956
Total Program Service Revenue$0
Investment income $1
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 $206,957

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