Womens Education Alliance Inc
- Assets
- $1.2m
- Revenue
- $804.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Towson, MD
- Founding
- 11/2015
- Data as of
- 06/2022
- EIN
- 47-5033849
Organization Overview
Womens Education Alliance Inc is located in Towson, MD. The organization was established in 2015. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2022, Womens Education Alliance Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Education Alliance 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 06/2022, Womens Education Alliance Inc generated $804.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $474.0k during the year ending 06/2022. While expenses have increased by 11.9% 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.
Since 2020, Womens Education Alliance Inc has awarded 12 individual grants totaling $578,950. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN THE EDUCATION AND FORMATION OF QUALIFIED PRE-K THROUGH 8TH GRADE STUDENTS BY PROVIDING SCHOLARSHIPS TO CATHOLIC COMMUNITY SCHOOLS SERVING ECONOMICALLY DISADVANTAGED FAMILIES IN BALTIMORE CITY. IN ADDITION TO A QUALITY ACADEMIC EDUCATION, ALSO PROVIDING SCHOOL SUPPORT SERVICES THAT ENHANCE EACH STUDENT'S TOTAL LEARNING EXPERIENCE ON A CULTURAL, PHYSICAL AND SOCIAL LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND TUITION ASSISTANCE BENEFITING 94 KNOWN STUDENTS AS WELL AS GENERAL SCHOLARSHIPS FOR STUDENTS ATTENDING THE FOLLOWING BALTIMORE CITY CATHOLIC SCHOOLS: ARCHBISHOP BORDERS, CARDINAL SHEHAN, MOTHER MARY LANGE, ST. FRANCIS OF ASSISI AND ST. MARK, AND 11 HIGH SCHOOL SCHOLARSHIP ASSISTANCE AT THE FOLLOWING SCHOOLS: ARCHBISHOP CURLEY HIGH SCHOOL, CALVERT HALL COLLEGE HIGH SCHOOL, CATHOLIC HIGH SCHOOL OF BALTIMORE, MOUNT ST. JOSEPH HIGH SCHOOL AND CRISTO REY JESUIT HIGH SCHOOL.
SCHOOL SUPPORT SERVICES BENEFITING APPROXIMATELY 1,200 STUDENTS ATTENDING THE FOLLOWING FOUR PARTNER SCHOOLS: ARCHBISHOP BORDERS SCHOOL, BISHOP WALSH SCHOOL, CARDINAL SHEHAN SCHOOL, AND MOTHER MARY LANGE CATHOLIC SCHOOL NOTED IN SCHEDULE 1 FORM 990, PART II. SERVICES INCLUDE BACK TO SCHOOL SUPPLIES, INDOOR AND OUTDOOR GAMES, TEACHER APPRECIATION DAY, SUMMER READING PROGRAMS, CLASSROOM ENHANCEMENT EQUIPMENT AND SPECIAL NEEDS REQUESTED BY THE PRINCIPALS.
TECHNOLOGY AND INFRASTRUCTURE AND EQUIPMENT BENEFITING APPROXIMATELY 1,100 STUDENTS ATTENDING THE FOUR SCHOOLS NOTED IN SCHEDULE I FORM 990, PART II.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Harrell Dir. Of Student Development | 40 | $34,850 | |
Karen Truant Treasurer | OfficerTrustee | 20 | $0 |
Pamela Custer President | OfficerTrustee | 25 | $0 |
Jean Halle Vice President | OfficerTrustee | 10 | $0 |
Gina Gracie Vice President | OfficerTrustee | 2 | $0 |
Jeanne Gildee Secretary | OfficerTrustee | 5 | $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 | $675,623 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $675,623 |
| Total Program Service Revenue | $0 |
| Investment income | $66 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $128,423 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $804,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,982 |
| 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. | $34,850 |
| 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 | $2,862 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,055 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,147 |
| Advertising and promotion | $0 |
| Office expenses | $9,788 |
| Information technology | $27,313 |
| 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 | $0 |
| Insurance | $2,789 |
| All other expenses | $300 |
| Total functional expenses | $474,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $607,467 |
| Savings and temporary cash investments | $611,289 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $1,223,756 |
| Accounts payable and accrued expenses | $5,946 |
| 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 | $5,946 |
| Net assets without donor restrictions | $442,082 |
| Net assets with donor restrictions | $775,728 |
| 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 | $1,223,756 |
Grants Awarded
Over the last fiscal year, Womens Education Alliance Inc has awarded $182,150 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CARDINAL SHEHAN SCHOOL PURPOSE: SCHOLARSHIPS FOR STUDENTS | $66,800 |
MOTHER MARY LANGE CATH SCHOOL PURPOSE: SCHOLARSHIPS FOR STUDENTS | $61,600 |
Baltimore, MD PURPOSE: SCHOLARSHIPS FOR STUDENTS | $43,750 |
Baltimore, MD PURPOSE: SCHOLARSHIPS FOR STUDENTS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Womens Education Alliance Inc has recieved totaling $100,449.
| Awarding Organization | Amount |
|---|---|
The United Way Of Central Maryland Inc Baltimore, MD PURPOSE: DESIGNATED AND OR GRANTED IN SUPPORT OF AGENCY PROGRAMS | $27,019 |
Organization Name not Listed PURPOSE: RELIGIOUS | | $16,500 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $15,000 |
Baltimore Community Foundation Inc Baltimore, MD PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS | $10,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: MULTIPLE | $7,400 |
Golfers Charitable Association Inc Towson, MD PURPOSE: PROMOTE YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY | $5,775 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Naval Academy Foundation Inc Annapolis, MD | $305,968,176 | $47,603,619 |
Umuc Ventures Inc Bethesda, MD | $44,098,237 | $47,696,802 |
The Malala Fund Washington, DC | $40,557,471 | $29,060,686 |
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |