Wocip Foundation is located in Somerset, NJ. The organization was established in 2020. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Wocip 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 12/2023, Wocip Foundation generated $142.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (31.1%) each year. All expenses for the organization totaled $104.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (37.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE WOCIP SPEAKERS BUREAU EMPOWERS WOMEN OF COLOR TO CREATE IMPACT IN THEIR COMMUNITIES THROUGH EDUCATION. THE SPEAKERS BUREAU IS COMPRISED OF 25+ WOMEN WHO DELIVER WOCIP CURATED CONTENT FOR BLACK AND LATINA COMMUNITIES. EACH YEAR THIS WOCIP LED COMMUNITY OUTREACH PROGRAM FOCUSES ON A DIFFERENT DISEASE THAT DISPROPORTIONATELY AFFECT COMMUNITIES OF COLOR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jamila Watkins Treasurer | 2 | $0 | |
Charlotte Jones-Burton President | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $142,226 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $142,226 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $950 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $10 |
Other expenses | $21,584 |
Total expenses | $104,491 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $109,637 |
Other assets | $0 |
Total assets | $111,952 |
Total liabilities | $0 |
Net assets or fund balances | $111,952 |