Soroptimist International Of The Americas Inc
- Assets
- $1.3m
- Revenue
- $287.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Vallejo, CA
- Founding
- 10/2002
- Data as of
- 06/2021
- EIN
- 94-6107900
Organization Overview
Soroptimist International Of The Americas Inc is located in Vallejo, CA. The organization was established in 2002. According to its NTEE Classification (I70) the organization is classified as: Protection Against Abuse, under the broad grouping of Crime & Legal-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Soroptimist International Of The Americas 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 06/2021, Soroptimist International Of The Americas Inc generated $287.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $114.0k during the year ending 06/2021. While expenses have increased by 7.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOROPTIMIST INTERNATIONAL OF VALLEJO, INC. WAS CHARTERED TO PROMOTE WOMEN IN BUSINESS, TO ENCOURAGE NETWORKING BETWEEN BUSINESS WOMEN, TO PROVIDE SCHOLARSHIPS FOR WOMEN AND GIRLS, TO PROVIDE GRANTS AND DONATIONS TO ORGANIZATIONS HELPING WOMEN AND GIRLS, AND TO WORK TOGETHER FOR THE BETTERMENT OF THE WORLD AND LOCAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCES WERE PROVIDED FOR SCHOLARSHIPS FOR DESERVING YOUNG WOMEN.
GRANTS WERE GIVEN TO COMMUNITY CHARITABLE PROJECTS.MONETARY ASSISTANCE WAS GIVEN TO WOMEN WHO ARE SINGLE HEADS OF HOUSEHOLDS IN THE PROCESS OF COMPLETING THEIR EDUCATION. GRANTS WERE ALSO GIVEN TO TEENAGE GIRLS AND WOMEN WHO ARE MAKING A DIFFERENCE IN THE COMMUNITY. OTHER DONATIONS WERE GIVEN TO VARIOUS CHARITABLE CAUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josette Lacey President | Trustee | 10 | $0 |
Liz Lewellyn Secretary | Trustee | 3 | $0 |
Elizabeth Santiago Assistant Treas | Trustee | 5 | $0 |
Karen Jones Treasurer | Trustee | 5 | $0 |
Cathy Rojas Vice President | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,164 |
| Investment income | $223,210 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50,587 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,865 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $65,000 |
| 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 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 | $359 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $260 |
| All other expenses | $0 |
| Total functional expenses | $113,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,506 |
| Savings and temporary cash investments | $106,670 |
| 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 |
| Investments—publicly traded securities | $1,162,263 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | -$6,992 |
| Other assets | $0 |
| Total assets | $1,301,447 |
| 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 | $1 |
| Total liabilities | $1 |
| 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 |
| Total liabilities and net assets/fund balances | $1,301,446 |
Endowment Analysis
| Beg. Balance | $922,411 |
| Earnings | $252,447 |
| Admin Expense | $12,595 |
| Ending Balance | $1,162,263 |
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