Soroptimist International Of The Americas Inc
- Assets
- $16.9m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 34
- Location
- Philadelphia, PA
- Founding
- 10/2002
- Data as of
- 08/2021
- EIN
- 23-2154856
Organization Overview
Soroptimist International Of The Americas Inc is located in Philadelphia, PA. The organization was established in 2002. According to its NTEE Classification (I70) the organization is classified as: Protection Against Abuse, under the broad grouping of Crime & Legal-Related and related organizations. As of 08/2021, Soroptimist International Of The Americas Inc employed 34 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Soroptimist International Of The Americas 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 08/2021, Soroptimist International Of The Americas Inc generated $5.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $4.7m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) 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
GLOBAL VOLUNTEER ORGANIZATION ECONOMICALLY EMPOWERING WOMEN & GIRLS WHO FACE OBSTACLES TO SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SUPPORT - PROVIDE THE DEVELOPMENT, TRAINING, PROGRAMS, TOOLS, MATERIALS AND SUPPORT IN SIX LANGUAGES ENABLING OVER 28,000 MEMBERS IN 20 COUNTRIES AND TERRITORIES. TO HELP WOMEN AND GIRLS THROUGH PROGRAMS LEADING TO SOCIAL AND ECONOMIC EMPOWERMENT. OUTCOMES INCLUDE INCREASING EMPLOYMENT PROSPECTS AND THE ABILITY TO EARN A LIVING, QUALITY OF LIFE, SENSE OF SELF WORTH AND SELF DETERMINATION, AND OPPORTUNITIES TO CONTINUE THE CYCLE OF GROWTH AND INDEPENDENCE FOR THEIR FAMILY AND THEIR COMMUNITY.
THE SOROPTOMIST LIVE YOUR DREAM: EDUCATION AND TRAINING AWARDS FOR WOMEN IS ONE OF SOROPTIMIST'S CORNERSTONE PROGRAMS. THROUGH THE PROGRAM, CLUBS IN 19 COUNTRIES AND TERRITORIES ASSIST WOMEN WHO PROVIDE THE PRIMARY SOURCE OF FINANCIAL SUPPORT FOR THEIR FAMILIES BY GIVING THEM THE RESOURCES THEY NEED TO IMPROVE THEIR EDUCATION, SKILLS, AND EMPLOYMENT PROSPECTS SO THEY MAY REACH AN IMPROVED STANDARD OF LIVING FOR THEMSELVES AND THEIR DEPENDENTS. RECIPIENTS WHO HAVE OVERCOME ENORMOUS OBSTACLES INCLUDING POVERTY, DOMESTIC VIOLENCE, AND TEEN PREGNANCY MAY USE THE AWARDS TO OFFSET ANY COSTS ASSOCIATED WITH THEIR EFFORTS TO ATTAIN HIGHER EDUCATION, SUCH AS BOOKS, CHILDCARE AND TRANSPORTATION. (CONTINUED ON SCHEDULE O).SINCE 1972, SOROPTIMIST HAS DISBURSED MORE THAN $35 MILLION TO MORE THAN 35,000 WOMEN THROUGH THE LIVE YOUR DREAM: EDUCATION AND TRAINING AWARDS FOR WOMEN AWARDS.
DREAM IT BE IT: CAREER SUPPORT FOR GIRLS; LAUNCHED IN 2015, SERVES, AS SOROPRIMIST'S OTHER CORNERSTONE PROGRAM. THE GOAL OF THE PROGRAM IS TO PROVIDE EDUCATION AND ROLE MODELS TO EMPOWER GIRLS TO PURSUE THEIR CAREER GOALS AND REACH THEIR FULL POTENTIAL. IT PROVIDES GIRLS WITH ACCESS TO PROFESSIONAL ROLE MODELS, CAREER EDUCATION AND THE RESOURCES TO LIVE THEIR DREAMS. CLUBS WORK IN PARTNERSHIP WITH GIRLS WHO FACE OBSTACLES SUCH AS POVERTY OR TEEN PREGNANCY, IN SMALL GROUPS TO PROVIDE THEM WITH THE INFORMATION AND RESOURCES SUCH AS CAREER OPPORTUNITIES, SETTING AND ACHIEVING GOALS, OVERCOMING OBSTACLES TO SUCCESS AND HOW TO MOVE FORWARD AFTER SETBACKS OR FAILURES. SINCE, ITS INCEPTION THE PROGRAM HAS REACHED MORE THAN 73,000 GIRLS ACROSS 14 COUNTRIES AND TERRITORIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Lucas Sublewski Executive Director & CEO | Officer | 40 | $268,133 |
Michelle Burnett Chief Operating & Financial Officer | Officer | 40 | $159,350 |
Nancy Montvydas Sr. Dirrector Development | 40 | $111,360 | |
Lisa Mangiafico Sr. Director Of Info Services | 40 | $103,571 | |
Iesha Brown Sr. Director Of Program Services | 40 | $102,419 | |
Penny Babb President | OfficerTrustee | 20 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thrive It Consulting Services | 8/30/21 | $123,868 |
C-systems It Consulting Services | 8/30/21 | $126,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $301,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,206,495 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,507,995 |
| Total Program Service Revenue | $2,438,885 |
| Investment income | $229,473 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,696 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $187,793 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,364,252 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $226,590 |
| Grants and other assistance to Foreign Orgs/Individuals | $131,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $523,994 |
| Compensation of current officers, directors, key employees. | $52,399 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,789,429 |
| Pension plan accruals and contributions | $27,979 |
| Other employee benefits | $271,990 |
| Payroll taxes | $148,375 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,598 |
| Fees for services: Accounting | $41,891 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,894 |
| Fees for services: Other | $254,401 |
| Advertising and promotion | $42,737 |
| Office expenses | $72,261 |
| Information technology | $348,999 |
| Royalties | $0 |
| Occupancy | $65,334 |
| Travel | $12,484 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $113,096 |
| Insurance | $133,302 |
| All other expenses | $23,665 |
| Total functional expenses | $4,695,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,259,378 |
| Savings and temporary cash investments | $616,095 |
| Pledges and grants receivable | $542,044 |
| Accounts receivable, net | $10,946 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $142,358 |
| Prepaid expenses and deferred charges | $137,396 |
| Net Land, buildings, and equipment | $1,185,007 |
| Investments—publicly traded securities | $11,963,017 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,648 |
| Total assets | $16,870,889 |
| Accounts payable and accrued expenses | $646,954 |
| Grants payable | $0 |
| Deferred revenue | $1,889,915 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $14,899 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,701,768 |
| Net assets without donor restrictions | $2,535,553 |
| Net assets with donor restrictions | $11,633,568 |
| 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 | $16,870,889 |
Grants Awarded
Over the last fiscal year, Soroptimist International Of The Americas Inc has awarded $33,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Butler, PA PURPOSE: SOROPTIMIST CLUB GRANTS | $5,000 |
Vacaville, CA PURPOSE: SOROPTIMIST CLUB GRANTS | $5,000 |
Salt Lake Cty, UT PURPOSE: SOROPTIMIST CLUB GRANTS | $3,500 |
Kenton, OH PURPOSE: SOROPTIMIST CLUB GRANTS | $3,000 |
Tacoma, WA PURPOSE: SOROPTIMIST CLUB GRANTS | $3,000 |
Borrego Spgs, CA PURPOSE: SOROPTIMIST CLUB GRANTS | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Soroptimist International Of The Americas Inc has recieved totaling $14,817.
| Awarding Organization | Amount |
|---|---|
Thunderbirds Charities Phoenix, AZ PURPOSE: EDUCATION | $14,817 |
Endowment Analysis
| Beg. Balance | $10,446,546 |
| Earnings | $1,635,361 |
| Ending Balance | $12,081,907 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Soroptimist International Of The Americas Inc Philadelphia, PA | $16,870,889 | $5,364,252 |
Victims Information Bureau Of Suffolk Inc C O James C Walsh Islandia, NY | $1,763,628 | $3,452,112 |
Child Advocacy Center Of Montgomery County Blue Bell, PA | $5,667,319 | $2,730,929 |
Center For Child & Family Advocacy Napoleon, OH | $1,311,703 | $1,672,634 |
Lets Breakthrough Inc New York, NY | $1,631,048 | $1,720,017 |
Rural Law Center Of New York Inc Plattsburgh, NY | $565,457 | $1,404,480 |
Citizens Against Physical Sexual And Emotional Abuse Inc Ridgway, PA | $678,151 | $1,299,663 |
Connect Inc New York, NY | $1,478,260 | $1,193,021 |
Essex County Family Justice Center Inc Newark, NJ | $426,261 | $1,092,522 |
Deirdre O Brien Child Advocacy Center Inc Morristown, NJ | $2,671,139 | $1,038,428 |
Foundation For Quality Care Inc Albany, NY | $212,876 | $1,086,918 |
Stomp Out Bullying Corp New York, NY | $591,053 | $370,298 |