Hers
- Assets
- $2.6m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Denver, CO
- Founding
- 03/2005
- Data as of
- 08/2022
- EIN
- 83-0395730
Organization Overview
Hers is located in Denver, CO. The organization was established in 2005. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 08/2022, Hers employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hers 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 08/2022, Hers generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.9m during the year ending 08/2022. While expenses have increased by 6.5% per year over the past 7 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
HERS IS DEDICATED TO CREATING AND SUSTAINING A DIVERSE COMMUNITY OF WOMEN LEADERS THROUGH LEADERSHIP DEVELOPMENT PROGRAMS AND OTHER STRATEGIES, WITH A COMMITMENT TO ACHIEVING EQUITY, INCLUSIVITY AND EXCELLENCE IN HIGHER EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1976, OVER 6,500 WOMEN IN FACULTY, STAFF, AND ADMINISTRATIVE ROLES IN HIGHER EDUCATION HAVE FURTHER DEVELOPED THEIR LEADERSHIP SKILLS, ABILITY, AND IDENTITY BY ATTENDING ONE OF SEVERAL PROGRAM OFFERINGS, INCLUDING THE SIGNATURE HERS LEADERSHIP INSTITUTE. AS THE ONLY ORGANIZATION COMMITTED EXCLUSIVELY TO NARROWING THE GENDER GAP IN HIGHER EDUCATION LEADERSHIP, HERS SUPPORTS THE ADVANCEMENT OF WOMEN FROM THE START OF THEIR CAREER ALL THE WAY THROUGH TO THEIR TRANSITION INTO RETIREMENT. HERS PROGRAM OFFERINGS BENEFIT WOMEN FROM THEIR EARLY CAREER STAGE TO LATE CAREER. PROGRAM OFFERINGS ADDRESS TOPICS OF BENEFIT TO EMERGING LEADERS, TRANSFORM PARTICIPANTS INTO BOLD AND EFFECTIVE LEADERS, AND ADD CAREER CLARITY AND INTENTIONALITY TOWARD MOVING INTO SENIOR LEADERSHIP ROLES. THE HEART OF HERS PROGRAM OFFERINGS IS THE HERS LEADERSHIP INSTITUTE. THE HERS LEADERSHIP INSTITUTE IS A TRANSFORMATIONAL LEADERSHIP DEVELOPMENT PROGRAM FOR WOMEN IN HIGHER EDUCATION, FOUNDED TO FILL LEADERSHIP PIPELINES ACROSS THE UNITED STATES WITH DYNAMIC WOMEN, EACH CAPABLE OF USHERING THEIR RESPECTIVE INSTITUTIONS INTO A MORE INCLUSIVE AND EQUITABLE FUTURE.PARTICIPANTS ARE ASKED TO SHARE THEIR VISION OF LEADERSHIP AND WHAT THEY HOPE TO CONTRIBUTE TO THEIR RESPECTIVE INSTITUTIONS AND ARE THEN CHALLENGED TO DEVELOP THE SKILLS TO ACTUALIZE THEIR PROFESSIONAL VISION. AS A NON-COMPETITIVE SPACE, PARTICIPANTS ARE ALSO ENCOURAGED TO CHAMPION THE GROWTH OF OTHER PARTICIPANTS. ALUMNAE OF THE HERS LEADERSHIP INSTITUTE (HLI) EMERGE BETTER-SKILLED AND MORE CONFIDENT IN LEADING WITH THEIR UNIQUE VOICE, PROVIDING A MUCH-NEEDED INFUSION OF BOLD, NEW LEADERSHIP TO THEIR RESPECTIVE INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria Thomas President | Officer | 40 | $205,040 |
Tuajuanda Jordan Chair | OfficerTrustee | 2 | $0 |
Susan Johnson Vice-Chair | OfficerTrustee | 2 | $0 |
Julia Jasken Secretary | OfficerTrustee | 2 | $0 |
Kimberly Kvaal Treasurer | OfficerTrustee | 2 | $0 |
Carine Feyten Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $129,375 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,160 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,535 |
| Total Program Service Revenue | $1,699,863 |
| Investment income | $44,400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $47,463 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,973,261 |
| 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. | $205,040 |
| Compensation of current officers, directors, key employees. | $100,101 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $539,126 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $196,801 |
| Payroll taxes | $0 |
| Fees for services: Management | $32,804 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,856 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $219,244 |
| Advertising and promotion | $23,124 |
| Office expenses | $27,091 |
| Information technology | $127,794 |
| Royalties | $0 |
| Occupancy | $133,243 |
| Travel | $108,730 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,162 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,927 |
| Insurance | $3,298 |
| All other expenses | $0 |
| Total functional expenses | $1,934,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,149 |
| Savings and temporary cash investments | $1,235,866 |
| 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 | $53,828 |
| Net Land, buildings, and equipment | $14,993 |
| Investments—publicly traded securities | $1,165,961 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,564,797 |
| Accounts payable and accrued expenses | $104,842 |
| Grants payable | $0 |
| Deferred revenue | $689,852 |
| 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 | $794,694 |
| Net assets without donor restrictions | $1,770,103 |
| 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 | $2,564,797 |
Endowment Analysis
| Beg. Balance | $1,000,000 |
| Earnings | $1,011,105 |
| Other Expense | $1,011,105 |
| Ending Balance | $1,000,000 |
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|---|---|---|
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Careerwise Colorado Denver, CO | $4,848,790 | $6,258,093 |
Great Hearts America Phoenix, AZ | $8,205,781 | $5,329,608 |
Minga Education Group Peyton, CO | $63,725 | $3,961,328 |
K-State Union Corporation Manhattan, KS | $7,214,331 | $4,559,696 |
Multilateral Endowment Management Company Edmond, OK | $918,741 | $2,430,214 |
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Hers Denver, CO | $2,564,797 | $1,973,261 |
Future Focused Education Albuquerque, NM | $1,699,690 | $1,944,772 |
United School Administrators Inc Topeka, KS | $634,454 | $1,417,531 |
Leman Educational Services Inc Tucson, AZ | $875 | $794,267 |
Strengthbuilding Partners Tucson, AZ | $214,827 | $939,701 |