Woman Evolve Inc
- Assets
- $133.5k
- Revenue
- $550.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 83-2353298
Organization Overview
Woman Evolve Inc is located in Santa Monica, CA. The organization was established in 2019. According to its NTEE Classification (P42) the organization is classified as: Single Parent Agencies, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woman Evolve 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 12/2022, Woman Evolve Inc generated $550.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $438.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Woman Evolve Inc has awarded 11 individual grants totaling $111,386. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THIS CORPORATION IS TO EMPOWER MODERN WOMEN TO OVERCOME CHALLENGES AND LIMITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING A CONFERENCE TO EMPOWER MODERN WOMEN TO OVERCOME CHALLENGES AND LIMITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Jakes Roberts Director And President | OfficerTrustee | 25 | $50,000 |
Toure Roberts Officer | Officer | 10 | $0 |
Serita Jakes Officer | Officer | 10 | $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 | $349,707 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $349,707 |
| Total Program Service Revenue | $200,939 |
| 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 | $550,646 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $34,937 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,000 |
| 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 | $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 | $0 |
| Advertising and promotion | $17,348 |
| Office expenses | $5,986 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,238 |
| 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 | $23,620 |
| Total functional expenses | $438,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,241 |
| 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 | $3,296 |
| Total assets | $133,537 |
| 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 | $0 |
| 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 | $133,537 |
| Total liabilities and net assets/fund balances | $133,537 |
Grants Awarded
Over the last fiscal year, Woman Evolve Inc has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
A BEAUTIFUL HEART MINISTRIES PURPOSE: TO IMPROVE THE QUALITY OF LIFE FOR FORMERLY INCARCERATED WOMEN AND GIRLS | $5,000 |
MARZ ENTERPRISES PURPOSE: TO REDEFINE BEAUTY AND FOSTER CONVERSATIONS AROUND DIVERSITY AND INCLUSION IN ADVERTISING AND MARKETING. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Empowering Refugees And Immigrants Inc - Ceri Oakland, CA | $980,176 | $2,933,164 |
Raise The Barr Hawthorne, CA | $1,755,586 | $2,288,787 |
Project Self-Sufficiency Newport Beach, CA | $192,065 | $398,934 |
Woman Evolve Inc Santa Monica, CA | $133,537 | $550,646 |
Generation Her San Gabriel, CA | $100,188 | $0 |
Mpower Alliance San Francisco, CA | $35,183 | $0 |
Jmj Maternity Homes Atwater, CA | $64,329 | $0 |
Missing Man Ministry Inc Pleasanton, CA | $139,763 | $0 |
Rescue For Single Moms Las Vegas, NV | $64 | $51,260 |
Hrashq Foundation Van Nuys, CA | $818 | $0 |
Chicas Mom Inc San Fernando, CA | $11,268 | $0 |
Bay Area Family For Lv San Jose, CA | $0 | $0 |
Premier Fatherhood Foundation Tempe, AZ | $57 | $5,390 |
Narcotic Educational Foundation Of America Valencia, CA | $62,410 | $0 |
Jude Goss A Promise Of Love Inc Beverly Hills, CA | $546 | $0 |
2a For Single Moms Inc Northridge, CA | $0 | $0 |
Single Mothers United In Rewarding Fellowship Menifee, CA | $4,108 | $0 |
Mama Haven Ventura, CA | $300 | $300 |