Soroptimist International Of The Americas Inc
- Assets
- $17.3m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 40
- Location
- Philadelphia, PA
- Founding
- 10/2002
- Data as of
- 08/2023
- 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 08/2023, Soroptimist International Of The Americas Inc employed 40 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 08/2023, Soroptimist International Of The Americas Inc generated $5.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $4.9m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Soroptimist International Of The Americas Inc has awarded 50 individual grants totaling $419,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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 25,000 MEMBERS IN COUNTRIES ACROSS NORTH AMERICA, LATIN AMERICA AND THE PACIFIC RIM TO PROVIDE WOMEN AND GIRLS WITH ACCESS TO THE EDUCATION AND TRAINING THEY NEED TO ACHIEVE ECONOMIC EMPOWERMENT.
THE SOROPTIMIST LIVE YOUR DREAM: EDUCATION AND TRAINING AWARDS FOR WOMEN IS ONE OF SOROPTIMIST'S CORNERSTONE PROGRAMS. THROUGH THE PROGRAM, CLUBS IN COUNTRIES ACROSS NORTH AMERICA, LATIN AMERICA AND THE PACIFIC RIM 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 $40 MILLION TO MORE THAN 40,000 WOMEN THROUGH THE LIVE YOUR DREAM: EDUCATION AND TRAINING AWARDS FOR WOMEN AWARDS. IN FY22/23, 2,174 WOMEN RECEIVED A LIVE YOUR DREAM AWARD AND A TOTAL OF $2,952,362 WAS DISTRIBUTED AT ALL LEVELS OF THE AWARD. SIA FUNDED $390,000 IN LIVE YOUR DREAM AWARDS BETWEEN SIAHQ AWARDS, NEW CLUB FUNDING, FEDERATION AWARDS, AND REGION FUNDING.
DREAM IT BE IT: CAREER SUPPORT FOR GIRLS; LAUNCHED IN 2015, SERVES AS SOROPTIMIST'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 100,000 GIRLS ACROSS 15 COUNTRIES AND TERRITORIES. (CONTINUED ON SCHEDULE O)IN FY22/23, 19,114 GIRLS PARTICIPATED IN DREAM IT, BE IT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Smith President | OfficerTrustee | 20 | $0 |
Ginger Cole Secretary/treasurer | OfficerTrustee | 5 | $0 |
Bobbi Enderlin President Elect | OfficerTrustee | 10 | $0 |
Junko Ayabe Director | Trustee | 5 | $0 |
Chin-Yun Chen Cheng Director | Trustee | 5 | $0 |
Tanna Edwards Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thrive Technology Support | 8/30/23 | $190,665 |
Agile Cloud Consulting Salesforce Implementation Consulting | 8/30/23 | $162,500 |
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 | $2,758,417 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,758,417 |
| Total Program Service Revenue | $2,327,305 |
| Investment income | $369,565 |
| 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 | $13,615 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,507,441 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $198,000 |
| Grants and other assistance to domestic individuals. | $63,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $218,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $467,002 |
| Compensation of current officers, directors, key employees. | $124,698 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,807,800 |
| Pension plan accruals and contributions | $85,791 |
| Other employee benefits | $171,869 |
| Payroll taxes | $176,003 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,503 |
| Fees for services: Accounting | $56,598 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,669 |
| Fees for services: Other | $131,465 |
| Advertising and promotion | $28,588 |
| Office expenses | $37,879 |
| Information technology | $346,598 |
| Royalties | $0 |
| Occupancy | $92,066 |
| Travel | $116,224 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,696 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $123,597 |
| Insurance | $131,708 |
| All other expenses | $0 |
| Total functional expenses | $4,889,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,853,604 |
| Savings and temporary cash investments | $368,747 |
| Pledges and grants receivable | $191,546 |
| Accounts receivable, net | $6,484 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $117,350 |
| Prepaid expenses and deferred charges | $290,711 |
| Net Land, buildings, and equipment | $1,510,676 |
| Investments—publicly traded securities | $10,889,908 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $66,802 |
| Total assets | $17,295,828 |
| Accounts payable and accrued expenses | $512,484 |
| Grants payable | $0 |
| Deferred revenue | $1,814,108 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,653 |
| 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 | $66,802 |
| Total liabilities | $2,398,047 |
| Net assets without donor restrictions | $5,443,776 |
| Net assets with donor restrictions | $9,454,005 |
| 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 | $17,295,828 |
Grants Awarded
Over the last fiscal year, Soroptimist International Of The Americas Inc has awarded $155,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
SOROPTIMIST CAMINO REAL REGION PURPOSE: LIVE YOUR DREAM AWARDS | $14,000 |
SOROPTIMIST CENTRAL EAST COAST REGION PURPOSE: LIVE YOUR DREAM AWARDS | $8,000 |
SOROPTIMIST DESERT COAST REGION PURPOSE: LIVE YOUR DREAM AWARDS | $17,000 |
SOROPTIMIST FOUNDER REGION PURPOSE: LIVE YOUR DREAM AWARDS | $14,000 |
SOROPTIMIST GOLDEN WEST REGION PURPOSE: LIVE YOUR DREAM AWARDS | $11,000 |
SOROPTIMIST MIDWESTERN REGION PURPOSE: LIVE YOUR DREAM AWARDS | $11,000 |