Athena Foundation
- Assets
- $58.2k
- Revenue
- $374.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Lansing, MI
- Founding
- 11/1987
- Data as of
- 12/2021
- EIN
- 38-2717362
Organization Overview
Athena Foundation, operating under the name Athena International, is located in Lansing, MI. The organization was established in 1987. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Athena International employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Athena International 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 12/2021, Athena International generated $374.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $336.3k during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ATHENA INTERNATIONAL IS A NON-PROFIT ORGANIZATION THAT DEVELOPS, SUPPORTS AND HONORS GIRLS AND WOMEN FROM THE CLASSROOM TO THE BOARDROOM, BUILDING A GLOBAL PIPELINE OF WOMEN LEADERS.
Describe the Organization's Program Activity:
ATHENA INTERNATIONAL IS A NONPARTISAN, NONPROFIT ORGANIZATION DEDICATED TO BUILDING A GLOBAL PIPELINE OF WOMEN LEADERS FROM THE CLASSROOM TO THE BOARDROOM WHO WILL CREATE A BALANCE IN THE VOICES OF LEADERSHIP WORLDWIDE. FOUNDED IN 1982 BY MARTHA MAYHOOD MERTZ, ATHENA INTERNATIONAL DEVELOPS, SUPPORTS AND HONORS WOMEN AND GIRLS THROUGH PROGRAMS BASED ON THE EIGHT PRINCIPLES OF THE ATHENA LEADERSHIP MODEL (ALM), DEVELOPED WITH THE CENTER FOR CREATIVE LEADERSHIP THROUGH RESEARCH FUNDED BY THE W.K. KELLOGG FOUNDATION. BECOMING ATHENA LEADERSHIP DEVELOPMENT DELIVERS QUANTIFIABLE OUTCOMES FOR WOMEN IN MIDDLE AND HIGH SCHOOLS, COLLEGES, CORPORATIONS, PROFESSIONAL ORGANIZATIONS AND PRISONS. ATHENA POWERLINK ADVISORY BOARDS SUPPORT ENTREPRENEURS TO GROW THEIR BUSINESSES AND IMPACT THE ECONOMY. OUTSTANDING LEADERS ARE HONORED WITH GLOBAL, NATIONAL AND REGIONAL ATHENA LEADERSHIP AWARDS. ATHENA INTERNATIONAL PARTNERS WITH HUNDREDS OF CHAMBERS OF COMMERCE, COLLEGES & UNIVERSITIES, CORPORATIONS, WOMENS ORGANIZATIONS AND AFFILIATE COMMUNITIES IN 48 STATES AND 11 COUNTRIES. ALMOST 8,000 LEADERS, INCLUDING A SUPREME COURT JUSTICE, OLYMPIC MEDALIST, SECRETARY OF STATE, NASA ASTRONAUT, SOCIAL JUSTICE ADVOCATE AND CEOS OF MAJOR CORPORATIONS HAVE BEEN RECOGNIZED WITH THE ATHENA LEADERSHIP AWARD IN 500+ REGIONS. WWW.ATHENAINTERNATIONAL.ORG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Traci Corey President | OfficerTrustee | 70 | $29,425 |
Ann Playter Previous Pre | Officer | 40 | $24,475 |
Debbie Peterson Chair | OfficerTrustee | 2 | $0 |
Sheri Jones Tresurer | OfficerTrustee | 2 | $0 |
Pam Sansbury Secretary | OfficerTrustee | 2 | $0 |
Hope Lovell Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $76,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,420 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,320 |
| Total Program Service Revenue | $210,144 |
| 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 | $4,285 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $374,328 |
| 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. | $54,571 |
| Compensation of current officers, directors, key employees. | $7,025 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,785 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,757 |
| Fees for services: Management | $100,051 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,655 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,162 |
| Advertising and promotion | $16,319 |
| Office expenses | $19,867 |
| Information technology | $4,995 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $723 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,193 |
| All other expenses | $0 |
| Total functional expenses | $336,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,574 |
| Savings and temporary cash investments | $4,089 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,669 |
| 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 | $900 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $58,232 |
| Accounts payable and accrued expenses | $70,585 |
| Grants payable | $0 |
| Deferred revenue | $58,093 |
| 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 | $6,954 |
| Unsecured mortgages and notes payable | $25,000 |
| Other liabilities | $45,293 |
| Total liabilities | $205,925 |
| Net assets without donor restrictions | -$147,693 |
| 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 | $58,232 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Athena Foundation has recieved totaling $13,276.
| Awarding Organization | Amount |
|---|---|
Erie Community Foundation Erie, PA PURPOSE: VARIOUS PROJECTS | $13,276 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cicp Foundation Inc Indianapolis, IN | $75,472,959 | $39,753,339 |
Milwaukee Development Corporation Milwaukee, WI | $4,444,230 | $23,219,043 |
Manufacturing Advocacy & Growth Network Inc Cleveland, OH | $11,290,279 | $13,226,451 |
Genesee Area Focus Fund Inc Flint, MI | $3,053,813 | $7,388,265 |
Encourage Bc Battle Creek, MI | $929,727 | $1,806,363 |
Greater Green Bay Chamber Of Commerce Foundation Inc Green Bay, WI | $2,890,843 | $1,952,883 |
Cincinnati Business Committee Cincinnati, OH | $2,454,337 | $2,320,929 |
Council Of Development Finance Agenices Columbus, OH | $1,148,923 | $1,718,525 |
Fiscal Sponsorship Allies Inc Indianapolis, IN | $762,742 | $2,068,293 |
Right Place Foundation Grand Rapids, MI | $1,899,566 | $1,296,715 |
Association Of Equipment Management Professionals Inc Middleton, WI | $87,248 | $1,345,748 |
Ohio Pork Council New Albany, OH | $2,529,785 | $1,652,102 |