Rose Women S Foundation is located in Potomac, MD. The organization was established in 2019. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rose Women S Foundation 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, Rose Women S Foundation generated $332.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 50.8% each year . All expenses for the organization totaled $244.6k during the year ending 12/2021. 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
ROSE WOMENS FOUNDATION EXISTS TO EMPOWER WOMEN IN EXTREME POVERTY THROUGH THE GOSPEL AND ENTREPRENEURSHIP. THROUGH A HOLISTIC MICRO-ENTERPRISE ACCELERATOR PROGRAM WE PROVIDE BUSINESS TRAINING, COACHING, AND ACCESS TO CAPITAL FOR WOMEN ENTREPRENEURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, ROSE WAS ABLE TO SEND FUNDS TO KENYA WHICH ASSISTED WOMEN WITH BUSINESS TRAINING, MICRO-FINANCING AND COACHING TO ENSURE A SUCCESSFUL BUSINESS. 45 WOMEN COMPLETED THE ROSE MICRO-ENTERPRISE BUSINESS TRAINING PROGRAM AND UPON GRADUATING RECEIVED GRANTS AND/OR LOANS TO GROW THEIR BUSINESSES. 23 TEEN GIRLS GRADUATED FROM THE FUNDAMENTAL OF BUSINESS FOR MICRO-ENTERPRISE AND RECEIVED $100 GRANTS TO DEVELOP THEIR BUSINESSES. ROSE ALSO PROVIDED 19 VIRTUAL COACHES WHO SERVED AS MENTORS AND ACCOUNTABILITY PARTNERS. THE ROSE WOMEN ARE PART OF A COMMUNITY, ENCOURAGING EACH OTHER TO DO THEIR WORK TO THE GLORY OF GOD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alexandra Amoroso Executive Director | Officer | 60 | $53,109 |
Ray Barreth Board Chair | OfficerTrustee | 2 | $0 |
Rhonda Amoroso Director | Trustee | 1 | $0 |
Douglas Gilbert Director | Trustee | 1 | $0 |
Laurie Brunner Director | Trustee | 1 | $0 |
Steve Connor Director | Trustee | 1 | $0 |
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 | $332,717 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $332,717 |
Total Program Service Revenue | $0 |
Investment income | $5 |
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 | $332,722 |
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 | $123,634 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $62,073 |
Compensation of current officers, directors, key employees. | $9,001 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $28,562 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $621 |
Advertising and promotion | $1,828 |
Office expenses | $9,126 |
Information technology | $1,499 |
Royalties | $0 |
Occupancy | $0 |
Travel | $15,909 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $218 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $493 |
All other expenses | $0 |
Total functional expenses | $244,563 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $219,199 |
Savings and temporary cash investments | $21,906 |
Pledges and grants receivable | $9,545 |
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 | $600 |
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 | $251,250 |
Accounts payable and accrued expenses | $785 |
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 | $20,000 |
Other liabilities | $0 |
Total liabilities | $20,785 |
Net assets without donor restrictions | $230,465 |
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 | $251,250 |
Over the last fiscal year, we have identified 6 grants that Rose Women S Foundation has recieved totaling $104,000.
Awarding Organization | Amount |
---|---|
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $35,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $30,000 |
David Weekley Family Foundation Houston, TX PURPOSE: COMMUNITY SUPPORT | $25,000 |
Chattanooga Christian Community Foundation Chattanooga, TN PURPOSE: IN FURTHERANCE OF FOUNDATION'S PURPOSES | $7,000 |
First Fruit Inc Newport Beach, CA PURPOSE: UNRESTRICTED FUNDS | $5,000 |
Hallene Family Foundation Inc Naples, FL PURPOSE: GENERAL FUND | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Operation Blessing International Relief & Development Corp Virginia Beach, VA | $46,516,514 | $96,480,836 |
World Relief Corp Of National Association Of Evangelicals Baltimore, MD | $37,205,019 | $88,134,638 |
World Central Kitchen Incorporated Washington, DC | $115,400,907 | $122,852,447 |
Relief International Inc Washington, DC | $18,093,145 | $70,140,451 |
Blumont Global Development Inc Arlington, VA | $10,315,810 | $52,380,007 |
Halo Trust Usa Inc Washington, DC | $9,736,478 | $47,613,594 |
Results For Development Institute Inc Washington, DC | $16,759,449 | $40,353,687 |
Lutheran World Relief Inc Baltimore, MD | $72,287,667 | $69,634,457 |
Christian Relief Services Charities Inc Alexandria, VA | $4,032,952 | $38,457,221 |
International Orthodox Christian Charities Inc Baltimore, MD | $21,145,773 | $37,778,660 |
United Palestinian Appeal Inc Washington, DC | $6,253,375 | $30,902,975 |
Christian Relief Services Charities Inc Alexandria, VA | $1,058,086 | $23,184,836 |