Womens Fund Of Miami-Dade Inc
- Assets
- $1.3m
- Revenue
- $640.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Miami, FL
- Founding
- 08/1994
- Data as of
- 12/2021
- EIN
- 65-0436923
Organization Overview
Womens Fund Of Miami-Dade Inc is located in Miami, FL. The organization was established in 1994. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Womens Fund Of Miami-Dade Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Fund Of Miami-Dade 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 12/2021, Womens Fund Of Miami-Dade Inc generated $640.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $436.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION: WE CREATE POSITIVE CHANGE FOR WOMEN AND GIRLS THROUGH GRANTMAKING, ADVOCACY, RESEARCH, AND LEVERAGING COLLECTIVE IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WOMEN'S FUND MIAMI-DADE CREATES CHANGE FOR WOMEN AND GIRLS THROUGH ADVOCACY, COMMUNITY FUNDING AND INVESTMENT, AND IMPACT INITIATIVES. THE ORGANIZATION UNDERTAKES THESE INITIATIVES ACROSS FOUR "PILLARS OF PROGRESS" FOR WOMEN AND GIRLS: ECONOMIC MOBILITY, FREEDOM FROM VIOLENCE; HEALTH & WELL-BEING; AND LEADERSHIP. THIS WAS ACCOMPLISHED THROUGH MONTHLY IMPACT CAMPAIGNS ON KEY ISSUES ACROSS THE ORGANIZATION'S FOUR PILLARS OF PROGRESS. THE MONTHLY IMPACT CAMPAIGNS ARE ISSUES-DRIVEN CAMPAIGNS THAT INCLUDE BREAKTHROUGH OUTDOOR PUBLIC AWARENESS AND HELPLINE CAMPAIGNS, MONTHLY CONVENING OF OVER 100 NON-PROFIT AND COMMUNITY PARTNERS TO GENERATE ISSUES AND SOLUTIONS, PUBLIC TOWN HALL FORUMS, MONTHLY "TAKE ACTION" SOCIAL MEDIA CAMPAIGNS, AND EXTENSIVE DIGITAL AND ONLINE INITIATIVES. THE ORGANIZATION FURTHER ACCOMPLISHES ITS MISSION THROUGH GENERATING FUNDS TO SUPPORT AND INVEST IN GRASSROOTS NON-PROFIT COMMUNITY ORGANIZATIONS, AND TO BUILD SYSTEMIC INITIATIVES TO INCREASE COMMUNITY CAPACITY TO SERVE WOMEN AND GIRLS, INCLUDING WORKING WITH KEY PARTNERS TO ENHANCE SUPPORT SERVICES SUCH AS CALL CENTER DELIVERY, AND RAPID RESPONSE LAW ENFORCEMENT "INTEGRATED CARE SERVICES" FOR VICTIMS OF CRIME AND SEX TRAFFICKING. ISSUES OF FOCUS UNDER EACH OF THE FOUR PILLARS INCLUDE: DOMESTIC VIOLENCE, SEX TRAFFICKING, CHILD ABUSE, GIRLS LEADERSHIP, MENTORING, MENTAL HEALTH AND SUBSTANCE ABUSE, ECONOMIC SAFETY NETS, HUNGER AND HOMELESSNESS, EQUAL PAY AND GENDER EQUALITY, WOMEN'S HEALTH, AND MORE.
THE WOMEN'S FUND MIAMI-DADE CREATES CHANGE FOR WOMEN AND GIRLS THROUGH ADVOCACY, COMMUNITY FUNDING AND INVESTMENT, AND IMPACT INITIATIVES. THE ORGANIZATION UNDERTAKES THESE INITIATIVES ACROSS FOUR "PILLARS OF PROGRESS" FOR WOMEN AND GIRLS: ECONOMIC MOBILITY, FREEDOM FROM VIOLENCE; HEALTH & WELL-BEING; AND LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marya Meyer Executive Director | Officer | 40 | $100,000 |
Joy Mckenna Treasurer | OfficerTrustee | 2.5 | $0 |
Alexandra Cornelius Member | Trustee | 2.5 | $0 |
Arathi Ramappa Member | Trustee | 2.5 | $0 |
Bianca Caviglia Member | Trustee | 2.5 | $0 |
Ann Machado Member | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $207,606 |
| Related organizations | $0 |
| Government grants | $66,035 |
| All other contributions, gifts, grants, and similar amounts not included above | $198,580 |
| Noncash contributions included in lines 1a–1f | $21,647 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $472,221 |
| Total Program Service Revenue | $0 |
| Investment income | $63,922 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $23,075 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $639,968 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $10,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,011 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,257 |
| Payroll taxes | $18,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,525 |
| Advertising and promotion | $5,170 |
| Office expenses | $14,034 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $1,800 |
| Total functional expenses | $436,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $399,407 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,000 |
| 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 | $1,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $840,273 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,265,680 |
| Accounts payable and accrued expenses | $13,344 |
| 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 | $54,067 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $67,411 |
| Net assets without donor restrictions | $248,756 |
| Net assets with donor restrictions | $949,513 |
| 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 | $1,265,680 |
Grants Awarded
Over the last fiscal year, Womens Fund Of Miami-Dade Inc has awarded $50,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MIAMI DADE POLICE DEPARTMENTMIAMI DADE POLICE DEPARTMENT PURPOSE: PREVENTIVE EDUCATION | $10,000 |
Jacksonville, FL PURPOSE: DEVELOP CHARACTER | $10,000 |
North Miami, FL PURPOSE: ACADEMIC SUPPORT | $10,000 |
Miami Beach, FL PURPOSE: FORMER FOSTER CARE | $10,000 |
Miami, FL PURPOSE: COUNSELING FOR WOMEN | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Womens Fund Of Miami-Dade Inc has recieved totaling $268,010.
| Awarding Organization | Amount |
|---|---|
Dadefund Inc Miami, FL PURPOSE: DADEFUND DISTRIBUTION | $96,000 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $96,000 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $39,593 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $25,000 |
United Way Miami Inc Miami, FL PURPOSE: GENERAL FUNDS | $11,417 |
Endowment Analysis
| Beg. Balance | $943,704 |
| Earnings | $109,675 |
| Other Expense | $103,866 |
| Ending Balance | $949,513 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance For Aging Inc Miami, FL | $8,467,801 | $51,987,435 |
Areawide Council On Aging Of Broward County Inc Sunrise, FL | $24,945,017 | $35,611,356 |
Senior Connection Center Inc Tampa, FL | $6,323,392 | $31,182,357 |
Morselife Housing Corporation Inc West Palm Beach, FL | $149,720,364 | $25,757,554 |
Area Agency On Aging Of Palm Beach- Treasure Coast Inc West Palm Beach, FL | $10,902,436 | $30,560,606 |
Area Agency On Aging Of Pasco-Pinellas Inc St Petersburg, FL | $8,252,945 | $27,888,489 |
Northeast Florida Area Agency On Aging Inc Jacksonville, FL | $5,702,503 | $25,650,557 |
Mid-Florida Area Agency On Aging Inc Gainesville, FL | $7,911,620 | $25,273,511 |
Suncoast Pace Inc Clearwater, FL | $13,555,248 | $27,843,705 |
Area Agency On Aging Of Central Florida Inc Orlando, FL | $4,933,881 | $22,567,397 |
Area Agency On Aging For Southwest Florida Inc Fort Myers, FL | $7,137,092 | $21,154,051 |
Community Senior Life Inc Orange Beach, AL | $9,773,868 | $15,042,221 |