Womens Network Inc
- Assets
- $81.9k
- Revenue
- $30.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 10/1978
- Data as of
- 12/2020
- EIN
- 34-1253569
Organization Overview
Womens Network Inc is located in Akron, OH. The organization was established in 1978. According to its NTEE Classification (P83) the organization is classified as: Women's Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Network 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 12/2020, Womens Network Inc generated $30.5k 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 (28.0%) each year. All expenses for the organization totaled $30.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (20.2%) 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT, EMPOWER AND INSPIRE WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMEN'S NETWORK EMPOWER PROGRAMMING - PROVIDES CAREER, LEADERSHIP AND ENTREPRENEURIAL DEVELOPMENT TO WOMEN THROUGH HIGH QUALITY, PROFESSIONALLY FACILITATED WORKSHOPS OFTEN IN PARTNERSHIPS WITH OTHER COMMUNITY ORGANIZATIONS. TOTAL PARTICIPATION FOR THE FISCAL YEAR WAS 108 WOMEN IN INDIVIDUAL WORKSHOPS CATEGORIZED IN FIVE SERIES: AUTHENTIC LEADERSHIP: LEADING WITH STRENGTH; MANAGING WITH STRENGTH AND LEADERSHIP TOOLBOX.
WOMEN'S NETWORK CONNECT PROGRAMMING - MONTHLY AND QUARTERLY EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR WORKING WOMEN TO CREATE POWERFUL PARTNERSHIPS, EXCHANGE IDEAS AND FORGE NEW RELATIONSHIPS. TOTAL PARTICIPATION FOR JULY 1, 2020 THROUGH DECEMBER 31, 2020 FISCAL YEAR WAS 356 WOMEN AT NINE BREAKFAST, LUNCH AND AFTERWORK EVENTS.
WOMEN'S NETWORK INSPIRE PROGRAMMING - CELEBRATES LEADERSHIP AND ACHIEVEMENT IN WOMEN'S LEADERSHIP THROUGHOUT THE COMMUNITY THROUGH A VARIETY OF EVENTS AND CURRICULUM; A RECOGNITION OF WOMEN OF ACHIEVEMENT IN THE COMMUNITY WITH A VIRTUAL GATHERING OF 250 WOMEN CELEBRATING LEADERSHIP, EMERGING LEADERSHIP AND AN OUTSTANDING ORGANIZATION MAKING NOTABLE CHANGE FOR WOMEN.SCHOLARSHIPS FOR STUDENT LEADERS WERE SUPPORTED, AN ANNUAL MEETING RECAPPING SUCCESS OF THE WOMEN'S NETWORK AND LAYING OUT STRATEGY FOR THE FUTURE. 331 WOMEN PARTICIPATED IN THIS PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Conrad Executive Director | Officer | 45 | $0 |
Jennifer Savitski Board President | Trustee | 1 | $0 |
Laura Culp Board Member | Trustee | 1 | $0 |
Tia Ramlow Board Member | Trustee | 1 | $0 |
Kirsten Lino Board Member | Trustee | 1 | $0 |
Michele Root 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 | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
| 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 | $30,468 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| 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 | $120 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $30,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,914 |
| 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 | $81,914 |
| Accounts payable and accrued expenses | $63,500 |
| 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 | $63,500 |
| Net assets without donor restrictions | $18,414 |
| 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 | $81,914 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Womens Network Inc has recieved totaling $22,000.
| Awarding Organization | Amount |
|---|---|
Akron Community Foundation Akron, OH PURPOSE: TO SUPPORT LEADERSHIP TRAINING TO MINORITY AND DISADVANTAGED WOMEN IN GREATER AKRON | $11,000 |
Akron Community Foundation Akron, OH PURPOSE: TO SUPPORT LEADERSHIP TRAINING TO MINORITY AND DISADVANTAGED WOMEN IN GREATER AKRON | $11,000 |
Endowment Analysis
| Beg. Balance | $56,824 |
| Earnings | $7,357 |
| Other Expense | $741 |
| Ending Balance | $63,440 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womens Resource Center Of Northern Michigan Petoskey, MI | $7,710,691 | $4,421,811 |
Womens Center Of Montgomery County Colmar, PA | $1,469,954 | $1,307,035 |
Pathways Pa Inc Media, PA | $1,454,041 | $1,681,590 |
Womens Services Inc Meadville, PA | $922,974 | $1,467,254 |
Womens Way Philadelphia, PA | $3,525,322 | $1,367,096 |
New Directions Career Center Columbus, OH | $853,391 | $901,179 |
Womens Recovery Center Cleveland, OH | $1,404,234 | $820,783 |
Supportive Older Womens Network Philadelphia, PA | $1,441,210 | $930,743 |
Stepping Stone Shelter For Women Incorporated Michigan City, IN | $1,360,778 | $560,477 |
Womens Resource Center Wayne, PA | $534,608 | $496,541 |
Womens Network Inc Battle Creek, MI | $177,625 | $445,288 |
Elijah Haven Crisis Intervention Center Inc Lagrange, IN | $87,672 | $219,110 |