Women Of Tomorrow Mentor & Scholarship Program Detroit
- Assets
- $1.0m
- Revenue
- $347.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Southfield, MI
- Founding
- 00/0000
- Data as of
- 07/2021
- EIN
- 80-0735541
Organization Overview
Women Of Tomorrow Mentor & Scholarship Program Detroit is located in Southfield, MI. The organization was established in 0000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 07/2021, Women Of Tomorrow Mentor & Scholarship Program Detroit employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Women Of Tomorrow Mentor & Scholarship Program Detroit 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 07/2021, Women Of Tomorrow Mentor & Scholarship Program Detroit generated $347.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $292.9k during the year ending 07/2021. 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
TO INSPIRE, MOTIVATE AND EMPOWER AT-RISK YOUNG WOMEN TO LIVE UP TO THEIR FULL POTENTIAL THROUGH A UNIQUE MENTORING PROGRAM WITH HIGHLY ACCOMPLISHED PROFESSIONAL WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMEN OF TOMORROW PAIRS EXTREMELY ACCOMPLISHED PROFESSIONAL WOMEN WITH SMALL GROUPS OF AT RISK TEENAGE GIRLS IN PUBLIC SCHOOLS FOR A 3 TO 4 YEAR MENTORING PROGRAM. WOMEN OF TOMORROW MENTORS EXPOSE YOUNG WOMEN TO THE POSSIBILITIES OUT THERE FOR THEM, AS WELL AS WALKING THEM THROUGH A VARIETY OF LEARNING EXPERIENCES THAT WILL ENRICH THEIR LIVES AND THEIR EDUCATIONAL EXPERIENCE. 1,100 STUDENTS WERE SERVED.
CAREER FOCUSED FIELD TRIPS AND SPECIALIZED COLLEGE CAMPUS VISITS FOR YOUNG WOMEN IN THE PROGRAM TO LEARN ABOUT CAREER AND EDUCATIONAL OPPORTUNITIES. 0 STUDENTS WERE SERVED.
SCHOLARSHIPS FOR TUITION, BOOKS AND SUPPLIES FOR YOUNG WOMEN IN THE PROGRAM. 25 STUDENTS WERE SERVED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Harris Dir Of Metro Detroit | Officer | 40 | $91,623 |
Jennifer Valoppi President | OfficerTrustee | 0 | $0 |
Kate Macnevin Board Chair | OfficerTrustee | 1 | $0 |
Colleen Lockwood National VP Of Development | Officer | 1 | $0 |
Maria Moceri Director | Trustee | 1 | $0 |
Laurie Cunnington Director | Trustee | 1 | $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 | $170,540 |
| Noncash contributions included in lines 1a–1f | $2,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,540 |
| Total Program Service Revenue | $0 |
| 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 | $176,595 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $347,135 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $25,101 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,207 |
| Compensation of current officers, directors, key employees. | $4,311 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,057 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $766 |
| Payroll taxes | $16,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $10,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $750 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $15,962 |
| Royalties | $0 |
| Occupancy | $10,919 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $599 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $292,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $883,508 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $76,058 |
| 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 | $2,000 |
| Prepaid expenses and deferred charges | $11,916 |
| Net Land, buildings, and equipment | $12,965 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,473 |
| Total assets | $1,011,920 |
| Accounts payable and accrued expenses | $14,916 |
| 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 | $75,315 |
| Other liabilities | $87,081 |
| Total liabilities | $177,312 |
| Net assets without donor restrictions | $834,608 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,011,920 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Women Of Tomorrow Mentor & Scholarship Program Detroit has recieved totaling $33,595.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $20,000 |
Charity Motors Inc Detroit, MI PURPOSE: TO PROVIDE FINANCIAL SUPPORT | $6,000 |
W & J Sales Family Foundation Inc Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $5,000 |
Dte Energy Foundation Detroit, MI PURPOSE: EDUCATION | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $95 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard U Light Foundation Kalamazoo, MI | $629,730 | $25,417,215 |
Skillman Foundation Detroit, MI | $412,503,854 | $53,699,386 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Kalamazoo Promise Kalamazoo, MI | $7,251,327 | $23,596,440 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Knowledgeworks Foundation Cincinnati, OH | $34,010,195 | $7,717,304 |
Ruth Mott Foundation Flint, MI | $290,091,185 | $30,117,543 |
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |