Creative Women Of The World Inc
- Assets
- $110.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 8
- Location
- Fort Wayne, IN
- Founding
- 02/2013
- Data as of
- 12/2022
- EIN
- 45-2455187
Organization Overview
Creative Women Of The World Inc is located in Fort Wayne, IN. The organization was established in 2013. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Creative Women Of The World Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Women Of The World 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 12/2022, Creative Women Of The World Inc generated $88.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $119.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CREATIVE WOMEN OF THE WORLD IS TO EQUIP WOMEN WITH ENTREPRENEURIAL RESOURCES TO DEVELOP A SUSTAINABLE BUSINESS THROUGH THE POWER OF THEIR OWN CREATIVITY. ENTREPRENEURIAL RESOURCES INCLUDE A SIX-MODULE BUSINESS TRAINING COURSE SPECIFICALLY DESIGNED FOR WOMEN IN SMALL CREATIVE BUSINESSES. IN ADDITION CWOW ALSO PROVIDES A RETAIL BOUTIQUE WHERE THEY CAN SELL THEIR HANDMADE PRODUCTS. NOT ONLY DO THE WOMEN WHO TAKE OUR COURSE HAVE ACCESS TO OUR MARKET BUT WE ALSO PARTNER WITH ORGANIZATIONS WHO WORK DIRECTLY WITH MARGINALIZED WOMEN AROUND THE WORLD BY MEETING THEIR GREATEST NEED A PLACE TO SELL THEIR PRODUCTS.
Describe the Organization's Program Activity:
Part 3
A VERY IMPORTANT ENTREPRENEURIAL RESOURCE IS PROVIDING A RETAIL OUTLET NOT ONLY FOR THE ARTISANS WE TRAIN BUT ALSO FOR ARTISANS IN 20+ COUNTRIES WHO WORK WITH ORGANIZATIONS WITH "BOOTS ON THE GROUND" TO HELP ARTISANS DEVELOP PRODUCTS WITH GLOBAL APPEAL. THESE ORGANIZATIONS FOLLOW FAIR TRADE PRACTICES BY PAYING FARE WAGES PROVIDING SUPPORTIVE WORK ENVIRONMENTS AND HELPING ARTISANS MOSTLY WOMEN OVERCOME THE EFFECTS OF POVERTY AND HUMAN TRAFFICKING.
BUSINESS TRAINING IN NORTHEAST INDIANA CONTINUED WITH ONE CLASS HELD IN 2021 TO HELP BUDDING ENTREPRENEURS FORMALIZE THEIR BUSINESS IDEAS. AN EXPLORATORY TRAINING TRIP TO LEBANON WAS CONDUCTED IN 2021 TO DETERMINE A POTENTIAL COLLABORATION WITH ANOTHER NGO WORKING IN THE AREA DOING VOCATIONAL TRAINING. FUTURE WORK IS CONDITIONAL BASED ON THE SAFETY OF TRAVEL TO LEBANON ALTHOUGH TRAINING VIA ZOOM IS A PLAUSIBLE ALTERNATIVE. A COLLABORATION WITH AN ECUADOR-BASED NONPROFIT REHABILITATING WOMEN LEAVING PRISON WAS DEVELOPED WITH TRAINING VIA ZOOM SCHEDULED IN 2022. THE TRAINING MANUAL IS TO BE TRANSLATED INTO SPANISH IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Mccarthy Executive Director | 40 | $16,490 | |
Mary Encabo Bischoff Board Director | 1 | $0 | |
Katrina Boedeker Board Director | 1 | $0 | |
Suha Abbasi Board Director | 1 | $0 | |
Irma Moeller Board Director | 1 | $0 | |
Marialyn Bazile Board Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,040 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,161 |
| Total Revenue | $88,798 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $78,758 |
| Professional fees and other payments to independent contractors | $2,900 |
| Occupancy, rent, utilities, and maintenance | $13,795 |
| Printing, publications, postage, and shipping | $1,217 |
| Other expenses | $18,800 |
| Total expenses | $119,013 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,347 |
| Other assets | $0 |
| Total assets | $110,014 |
| Total liabilities | $33,492 |
| Net assets or fund balances | $76,522 |