Womens Entrepreneurial Opportunity Project Inc
- Assets
- $75.1k
- Revenue
- $279.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Atlanta, GA
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 58-2494072
Organization Overview
Womens Entrepreneurial Opportunity Project Inc, operating under the name Weop, is located in Atlanta, GA. The organization was established in 2000. According to its NTEE Classification (J21) the organization is classified as: Vocational Counseling, under the broad grouping of Employment and related organizations. As of 12/2022, Weop employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weop 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, Weop generated $279.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.1% each year . All expenses for the organization totaled $253.3k during the year ending 12/2022. While expenses have increased by 23.0% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WEOP MISSION IS DEVELOP AND PROMOTE PROGRAM INITIATIVES THAT FOSTER THE ECONOMIC ADVANCEMENT OF SELF-EMPLOYED AND WOMEN OWNED SMALL BUSINESSES THROUGH EDUCATION RESOURCES AND PROFESSIONAL NETWORKS. WEOP PROVIDES A SENSE OF POWER PURPOSE AND PLATFORM FOR WOMEN PROMOTING BUSINESS AND FINANCIAL SUSTAINABILITY INCREASED LEADERSHIP ROLES AND CIVIC ENGAGEMENT. PROGRAM ACTIVITIES INCLUDE ADVANCING BUSINESS OPPORTUNITIES VENTURES & ENTERPRISES ABOVE ADVANCED BUSINESS DEVELOPMENT TECHNICAL SUPPORT AND PROGRAMMING FOR WOMEN OWNED BUSINESS TARGETED TO BLACK INDEGNEOUS WOMEN OF COLOR BIWOC BUILDING ACCESS SECURITY & ECONOMIC EQUITY BASE AND WEEC ADVOCACY PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A CORE PROGRAM THE ADVANCING BUSINESS OPPORTUNITIES VENTURES & ENTERPRISES ABOVE PROVIDES SPECIALIZED PROGRAMMING FOR SELF-EMPLOYED AND WOMEN OWNED SMALL BUSINESSES. ABOVE PROGRAM COMPONENTS TARGETED FOR UNDERREPRESENTED WOMEN OF COLOR INCLUDE TECHNICAL SUPPORT PROPRIETARY FEDERAL AND CONTRACT TRAINING SESSIONS; WEBINARS TO OVER 2,500 WOMEN ANNUALLY; BUSINESS RESOURCES AND TOOLS TO 4,400+ SUBSCRIBERS; ONLINE MEMBERSHIP PORTAL WITH OVER 650+ MEMBERS; AND BUILDS AN ECOSYSTEM OF CORPORATE AND PRIVATE SECTOR COLLABORATIVE PARTNERSHIPS. STRATEGIC PARTNERS SERVE AS A REFERRAL SOURCE TO LINK PARTICIPANTS TO GRANTS LOANS CONTRACTS BUSINESS OPPORTUNITIES AND MENTORS.
BUILDING ACCESS TO SECURITY & ECONOMIC EMPOWERMENT BASE THE BASE PROGRAM INCLUDES A SERIES OF FINANCIAL EMPOWERMENT FORUMS AND SPECIALIZED WORKSHOPS FACILITATED BY FINANCIAL PROFESSIONALS CPA'S AND BANKING PROFESSIONALS. THE PROGRAM IMPACTS OVER 250 WOMEN ENTREPRENEURS AND GARNERED THE SUPPORT OF TWENTY-FIVE FINANCIAL PROFESSIONALS. PARTICIPANTS NETWORK WITH PROFESSIONALS AND ACQUIRE CRITICAL FINANCIAL INFORMATION KNOWLEDGE ABOUT WEALTH BUILDING BUILDING BUSINESS CREDIT AND HOW TO PREPARE AND ACCESS CAPITAL.
ECONOMIC EQUITY BUSINESS FORUMS CIVIC ENGAGEMENT WEOP COORDINATES TWO ANNUAL WOMEN'S ECONOMIC EQUITY BUSINESS FORUMS IN MARCH AND OCTOBER REACHING OVER 600+ PARTICIPANTS. THE EVENTS BRING TOGETHER MULTI-CULTURAL WOMEN FOR INSIGHTFUL CONVERSATIONS ON LEADERSHIP BUSINESS AND CRITICAL ISSUES. OTHER ACTIVITIES INCLUDE SPECIAL CLASSES WORKSHOPS AND SEMINARS SPECIFICALLY TAILORED FOR WOMEN-OWNED BUSINESSES TO RAISE AWARENESS ABOUT THE IMPORTANCE OF CIVIC ENGAGEMENT. ONLINE RESOURCES AND TOOLS ARE AVAILABLE THROUGH SOCIAL MEDIA PLATFORMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antionette Ball CEO | Officer | 40 | $49,612 |
Marionette Ball Co | Officer | 40 | $45,163 |
Morl Desai Board Chair | Trustee | 1 | $0 |
Tiffany Davis Board Member | Trustee | 1 | $0 |
Glenda Stinson Board Member | Trustee | 1 | $0 |
Cherelle Cortez Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,025 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $259,418 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,443 |
| Total Program Service Revenue | $9,423 |
| 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 | $279,866 |
| 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. | $94,774 |
| 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 | $7,212 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,033 |
| Office expenses | $5,100 |
| Information technology | $21,302 |
| Royalties | $0 |
| Occupancy | $6,916 |
| Travel | $637 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,844 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,765 |
| All other expenses | $76,440 |
| Total functional expenses | $253,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,101 |
| 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 | $75,101 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $75,101 |
| Total liabilities and net assets/fund balances | $75,101 |