Female Strong
- Assets
- $29.9k
- Revenue
- $187.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 09/2014
- Data as of
- 06/2022
- EIN
- 46-4996043
Organization Overview
Female Strong is located in Chicago, IL. The organization was established in 2014. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Female Strong employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Female Strong 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 06/2022, Female Strong generated $187.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $201.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEMESTER LONG ENTREPRENEUR CLASS WITH SPEAKERS. THE YOUNG WOMEN CREATE BUSINESS PLANS AND PRESENT TO JUDGES FOR FUNDING AWARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YEA PROGRAM - SEMESTER LONG ENTREPRENEUR CLASS WITH SPEAKERS. THE YOUNG WOMEN CREATE BUSINESS PLANS AND PRESENT TO JUDGES FOR FUNDING AWARDS.
2 IDEA CAMPS- GIRLS IN THE PROGRAM MET WITH INSPRIATIONAL FEMALE LEADERS, BRAINSTORMED BUSINESS IDEAS.
YOUNG PROFESSIONALS PROGRAM THE YOUNG PROFESSIONALS PROGRAM ACTS AS AN ARM OF THE FEMALE STRONG ORGANIZATION WHILE OFFERING YOUNG PROFESSIONALS IN CHICAGO THE ABILITY TO GET INVOLVED IN VOLUNTEER OPPORTUNITIES, GROW THEIR NETWORK, BUILD LEADERSHIP SKILLS, AND BE PART OF A MEANINGFUL COMMUNITY. THE YOUNG PROFESSIONALS COMMITTEE LEADS NETWORKING, SOCIAL, AND FUNDRAISING EVENTS TO FOSTER A COMMUNITY OF TOGETHERNESS AND IN SERVICE OF PROGRAMMING FOR MIDDLE AND HIGH SCHOOL GIRLS. OUR MISSION IS TO CREATE BETTER OPPORTUNITIES FOR MIDDLE AND HIGH SCHOOL GIRLS BY PROVIDING ACCESS TO TOOLS, EXPERIENCES, AND RESOURCES NEEDED TO ACHIEVE THEIR DREAMS AND HELP CLOSE THE GENDER GAP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Smith President | Officer | 5 | $0 |
Laurette Rondenet Vice President | Officer | 2 | $0 |
Nicholas Economos Treasurer | Officer | 2 | $0 |
Brenda Dehart Secretary | Officer | 2 | $0 |
Florence Ann Romano Director | Trustee | 1 | $0 |
Khalilah Lyons Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,896 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,270 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,166 |
| Total Program Service Revenue | $88,460 |
| 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 | -$15,449 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,177 |
| 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 | $65,522 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,060 |
| Payroll taxes | $5,902 |
| Fees for services: Management | $30,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,579 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $47,559 |
| Office expenses | $406 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $471 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $291 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,438 |
| All other expenses | $533 |
| Total functional expenses | $201,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,380 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,695 |
| 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 | -$152 |
| Total assets | $29,923 |
| Accounts payable and accrued expenses | $6,908 |
| 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 | $8,114 |
| Total liabilities | $15,022 |
| Net assets without donor restrictions | $0 |
| 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 | $14,901 |
| Total liabilities and net assets/fund balances | $29,923 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Female Strong has recieved totaling $62,137.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $62,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $137 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womans Club Of Wilmette Foundation Wilmette, IL | $456,781 | $35,526 |
Peo Sisterhood International Chapter Des Moines, IA | $1,137,202 | $1,281,719 |
Peo Sisterhood International Chapter Des Moines, IA | $917,447 | $1,390,144 |
Womans Club Of Wisconsin Milwaukee, WI | $1,152,238 | $1,136,440 |
Peo Sisterhood International Chapter Des Moines, IA | $590,549 | $1,076,538 |
National Council Of Jewish Women Incorporated St Louis, MO | $3,384,578 | $938,037 |
Chicago Network Inc Chicago, IL | $2,387,450 | $2,053,360 |
Peo Sisterhood International Chapter Des Moines, IA | $712,034 | $899,556 |
Peo Sisterhood International Chapter Des Moines, IA | $1,200,550 | $1,026,397 |
Peo Sisterhood International Chapter Des Moines, IA | $1,212,356 | $963,819 |
Peo Sisterhood International Chapter Des Moines, IA | $515,651 | $578,183 |
Junior League Of Kansas City Mo Inc Kansas City, MO | $6,798,302 | $695,079 |