Power Of Professional Women is located in Havertown, PA. The organization was established in 2016. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power Of Professional Women is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Power Of Professional Women generated $236.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $241.3k during the year ending 06/2022. While expenses have increased by 6.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
POWERS MISSION IS TO DEVELOP THE NEXT GENERATION OF WOMEN LEADERS IN THE GREATER PHILADELPHIA REGION THROUGH EDUCATION, MENTORSHIP AND PURPOSEFUL CONNECTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POWERS MISSION IS TO DEVELOP THE NEXT GENERATION OF WOMEN LEADERS IN THE GREATER PHILADELPHIA REGION THROUGH EDUCATION, MENTORSHIP AND PURPOSEFUL CONNECTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lindsay Johnston President Programming Commit | OfficerTrustee | 0 | $71,117 |
Chenora Burkett Vice Chair Treasurer Finance | OfficerTrustee | 0 | $0 |
Amy Frazier Chair Governance Committee | Trustee | 0 | $0 |
Robin Widdis Governance Committee Chair | Trustee | 0 | $0 |
Suzy Carney Secretary Marketing Chair | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $20,295 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $197,215 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $217,510 |
Total Program Service Revenue | $18,990 |
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 | $236,500 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $145,843 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,788 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $17,769 |
Office expenses | $1,400 |
Information technology | $26,911 |
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 | $28,483 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,729 |
All other expenses | $1,396 |
Total functional expenses | $241,316 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $166,172 |
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 | $166,172 |
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 | $166,172 |
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 | $166,172 |
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