Enterprising Women Foundation Inc
- Assets
- $15.0k
- Revenue
- $295.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 05/2012
- Data as of
- 12/2023
- EIN
- 27-5554847
Organization Overview
Enterprising Women Foundation Inc is located in Cary, NC. The organization was established in 2012. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, 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. Enterprising Women Foundation 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 12/2023, Enterprising Women Foundation Inc generated $295.5k in total revenue. All expenses for the organization totaled $282.2k during the year ending 12/2023. While expenses have increased by 164.1% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ENTERPRISING WOMEN FOUNDATION WAS CREATED BY A COMMUNITY OF WOMEN ENTREPRENEURS WHO HAVE COME TOGETHER TO ENCOURAGE AND SUPPORT PHILANTHROPY AMONG WOMEN BUSINESS OWNERS FOR THE PURPOSE OF ADVANCING THE GROWTH OF WOMEN'S ENTREPRENEURSHIP IN THE UNITED STATES AND AROUND THE GLOBE. THE FOUNDATION'S MISSION IS TO EDUCATE AND EMPOWER WOMEN ENTREPRENEURS, PROMOTE THE SHARING OF INFORMATION AND BEST PRACTICES TO FUEL THE GROWTH OF WOMEN-OWNED ENTERPRISES, FACILITATE MENTORSHIPS BETWEEN EARLY STAGE ENTREPRENEURS AND MORE EXPERIENCED WOMEN ENTREPRENEURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS ARE PROVIDED TO DESERVING HIGH SCHOOL GIRLS WHO ARE FROM UNDER-SERVED COMMUNITIES, WITH A FOCUS ON GIRLS WHO ARE HIGH-ACHIEVING IN MATH, SCIENCE OR TECHNOLOGY AND NEED MENTORS TO ENCOURAGE THEM TO PURSUE THESE FIELDS AFTER HIGH SCHOOL AND CONSIDER BECOMING STEMPRENEURS ENTREPRENEURS WITHIN STEM-BASED FIELDS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Smiley President | OfficerTrustee | 0 | $0 |
Nicolina A Stewart Treasurer | OfficerTrustee | 0 | $0 |
Catharine Arrowood Vice President | OfficerTrustee | 0 | $0 |
Edie Fraser Vice President | OfficerTrustee | 0 | $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 | $295,542 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,542 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $295,542 |
| 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 | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $238,148 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,141 |
| Total functional expenses | $282,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,968 |
| 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 | $0 |
| Total assets | $14,968 |
| 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 | $14,968 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $14,968 |