WOMEN VENTURE: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- WOMEN VENTURE (EIN 41-1463426)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-04-01
- IRS object ID
- 202100919349301120
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-01T13:42:15-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390758449 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WIPFLI LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1502 LONDON ROAD SUITE 200 | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55812 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411463426 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOMENVENTURE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WOME | BusinessNameControlTxt |
| Phone | 6122249540 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2021 EAST HENNEPIN AVENUE NO 200 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55413 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN JOOS | PersonNm |
| Person Title | INTERIM CEO/CFO | PersonTitleTxt |
| Phone | 6122249540 | PhoneNum |
| Signature | 2021-01-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL J PETERSON CPA | PreparerPersonNm |
| PTIN | P01833529 | PTIN |
| Phone | 2187224705 | PhoneNum |
| Preparation | 2021-01-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SUSAN JOOS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2021 EAST HENNEPIN AVENUE NO 200 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55413 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,959,970 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WOMENVENTURE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | WOMENVENTURE IS DEDICATED TO HELPING WOMEN ATTAIN ECONOMIC SELF-SUFFICIENCY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 31 | TotalEmployeeCnt |
| Total Volunteers | 207 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,948,120 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,610,043 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $195,462 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $269,137 | CYProgramServiceRevenueAmt |
| PY Investment Income | $667 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,613 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$25,487 | PYOtherRevenueAmt |
| CY Other Revenue | -$6,129 | CYOtherRevenueAmt |
| PY Total Revenue | $2,118,762 | PYTotalRevenueAmt |
| CY Total Revenue | $1,879,664 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,525,812 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,683,448 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $10,314 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $280,111 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $515,751 | PYOtherExpensesAmt |
| CY Other Expenses | $1,099,356 | CYOtherExpensesAmt |
| PY Total Expenses | $2,051,877 | PYTotalExpensesAmt |
| CY Total Expenses | $2,782,804 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $66,885 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$903,140 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,909,379 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,938,505 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,891,078 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,821,800 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,018,301 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,116,705 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WOMENVENTURE HELPS WOMEN ATTAIN ECONOMIC SELF-SUFFICIENCY THROUGH THE CREATION AND GROWTH OF PROFITABLE AND SUSTAINABLE BUSINESSES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,273,408 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $269,137 | RevenueAmt |
| Desc | WOMEN VENTURE'S MISSION IS TO HELP WOMEN ATTAIN ECONOMIC SELF-SUFFICIENCY THROUGH THE CREATION AND GROWTH OF PROFITABLE AND SUSTAINABLE BUSINESSES. OUR VISION IS TO EMPOWER ENTREPRENEURIAL WOMEN WITH TOOLS, CAPITAL, AND SUPPORT TO LEAD BUSINESSES THAT CREATE LIVING WAGE JOBS. OUR PROGRAMS PROVIDE A HOLISTIC APPROACH TO ENTREPRENEURIAL DEVELOPMENT THAT INCLUDES FOUR PILLARS: TRAINING, COACHING, ACCESS TO CAPITAL AND A COMMUNITY OF SUPPORT. SEE SCHEDULE OIN OUR FISCAL YEAR ENDING JUNE 30, 2020, WOMENVENTURE SERVED 1,805 ESTABLISHED AND EMERGING ENTREPRENEURS: 96% WERE WOMEN; 66% WERE LOW-INCOME OR VERY LOW-INCOME; AND 51% WERE WOMEN OF COLOR. WE HELPED THESE WOMEN ENTREPRENEURS: START OR EXPAND 197 SMALL BUSINESSES AND PAY THEMSELVES ON AVERAGE $29/HOUR; CREATE OR RETAIN 1,213 JOBS WITH AN AVERAGE WAGE OF $20/HOUR; GENERATE $99.7 MILLION IN GROSS REVENUE; AND CONTRIBUTE $10.3 MILLION IN INCOME TAX REVENUE.IN FY20, WOMENVENTURE ALSO PROVIDED ITS CLIENTS: $1,636,490 IN CAPITAL; ACCESS TO AN ADDITIONAL $7.2 MILLION IN FACILITATED OUTSIDE CAPITAL THROUGH PARTNERSHIPS WITH BANKS.WOMENVENTURE IS A SMALL BUSINESS ADMINISTRATION WOMEN'S BUSINESS CENTER. WE OFFER 8 UNIQUE TRAINING PROGRAMS TO MEET WOMEN WHEREVER THEY ARE ON THEIR JOURNEY. WOMENVENTURE PROVIDED OVER 8,000 HOURS OF ENTREPRENEURIAL TRAINING THROUGH OUR CORE TRAINING PROGRAMS ACCOMPANIED BY OVER 3,000 HOURS OF INDIVIDUALIZED COACHING AND PEER CIRCLES. SKILLED STAFF AND VOLUNTEERS PROVIDE FREE BUSINESS COACHING TO OUR LOAN AND TRAINING CLIENTS TO ADDRESS INSURANCE, BOOKKEEPING, FINANCE, MARKETING, CONTRACTS, REAL ESTATE, HUMAN RESOURCES AND GENERAL OPERATIONS. | Desc |
| Total Program Service Expenses | $2,273,408 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 17 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 31 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSAN JOOS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6122249540 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2021 E HENNEPIN AVE STE 200 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55413 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| ELAINE WYATT | ||||||
| CEO | 40.00 | Yes (X) | $89,704 | $0 | $26,103 | |
| KAREN MALMSTEN | ||||||
| CFO (THRU MARCH) | 32.00 | Yes (X) | $104,308 | $0 | $0 | |
| SUSAN JOOS | ||||||
| CFO | 40.00 | Yes (X) | $0 | $0 | $0 | |
| AUTUMN WAY | ||||||
| CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MEGHAN HARRIS | ||||||
| VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ALYSON VAN DYK | ||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| REBECCA WALL | ||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JANDEEN BOONE | ||||||
| CHAIR EMERITUS | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JENNY VERNER | ||||||
| CHAIR EMERITUS | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| LINDAY BICKLER | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| KRISTEN DENZER | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| ANNA DOSEN | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| SHELLY ELMORE | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| ANDREA HITZEMANN-JOHNSON | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| NAYANA JHA | ||||||
| BOARD MEMBER (THRU JUNE) | 2.00 | $0 | $0 | $0 | Yes (X) | |
| DANIELLE LOHBECK | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| JERI MEOLA | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| NELIMA SITATI MUNENE | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| ROSEMARIE NDUPUECHI | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| ARUNA NOOKALA | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| CARLA PAVONE | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| SHELLEY PETERSON-BOURLAND | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| CRISTEN PURDY | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| LEEANN RASACHAK | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| SONYA MCCULLUM ROBERTS | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| LISA KRAMER RODACKER | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| LINNEA SOLEM | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| ROSA TOCK | ||||||
| BOARD MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $194,012 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $26,103 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $257,971 | FundraisingAmt |
| Government Grants | $648,383 | GovernmentGrantsAmt |
| All Other Contributions | $703,689 | AllOtherContributionsAmt |
| Noncash Contributions | $8,524 | NoncashContributionsAmt |
| Total Contributions | $1,610,043 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN FEE INCOME | 522291 | $116,315 | $116,315 |
| LOAN INTEREST INCOME | 522291 | $101,823 | $101,823 |
| TRAINING INCOME | 561300 | $50,999 | $50,999 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $269,137 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,613 | TotalRevenueColumnAmt |
| Exclusion | $6,613 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,400 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,400 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,400 | TotalRevenueColumnAmt |
| Exclusion | $8,400 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $58,880 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $257,971 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $80,306 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$21,426 | TotalRevenueColumnAmt |
| Exclusion | -$21,426 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,897 | TotalRevenueColumnAmt |
| Exclusion | $6,897 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,897 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,879,664 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $269,137 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $484 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,820 | TotalAmt |
| Program Services | $216,428 | ProgramServicesAmt |
| Management And General | $40,504 | ManagementAndGeneralAmt |
| Fundraising | $20,888 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,171,674 | TotalAmt |
| Program Services | $951,317 | ProgramServicesAmt |
| Management And General | $82,196 | ManagementAndGeneralAmt |
| Fundraising | $138,161 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,058 | TotalAmt |
| Program Services | $8,536 | ProgramServicesAmt |
| Management And General | $558 | ManagementAndGeneralAmt |
| Fundraising | $1,964 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,922 | TotalAmt |
| Program Services | $76,552 | ProgramServicesAmt |
| Management And General | $7,830 | ManagementAndGeneralAmt |
| Fundraising | $12,540 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,974 | TotalAmt |
| Program Services | $104,219 | ProgramServicesAmt |
| Management And General | $7,755 | ManagementAndGeneralAmt |
| Fundraising | $14,000 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,714 | TotalAmt |
| Program Services | $3,011 | ProgramServicesAmt |
| Management And General | $2,053 | ManagementAndGeneralAmt |
| Fundraising | $5,650 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,325 | TotalAmt |
| Management And General | $16,325 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225 | TotalAmt |
| Management And General | $225 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $146,063 | TotalAmt |
| Program Services | $102,067 | ProgramServicesAmt |
| Management And General | $7,668 | ManagementAndGeneralAmt |
| Fundraising | $36,328 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,176 | TotalAmt |
| Program Services | $1,122 | ProgramServicesAmt |
| Management And General | $840 | ManagementAndGeneralAmt |
| Fundraising | $6,214 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,858 | TotalAmt |
| Program Services | $23,529 | ProgramServicesAmt |
| Management And General | $5,238 | ManagementAndGeneralAmt |
| Fundraising | $10,091 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,196 | TotalAmt |
| Program Services | $85,897 | ProgramServicesAmt |
| Management And General | $7,871 | ManagementAndGeneralAmt |
| Fundraising | $13,428 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,074 | TotalAmt |
| Program Services | $72,390 | ProgramServicesAmt |
| Management And General | $7,700 | ManagementAndGeneralAmt |
| Fundraising | $9,984 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,600 | TotalAmt |
| Program Services | $4,340 | ProgramServicesAmt |
| Management And General | $58 | ManagementAndGeneralAmt |
| Fundraising | $202 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,617 | TotalAmt |
| Program Services | $23,883 | ProgramServicesAmt |
| Management And General | $2,030 | ManagementAndGeneralAmt |
| Fundraising | $3,704 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,395 | TotalAmt |
| Program Services | $7,893 | ProgramServicesAmt |
| Management And General | $32,502 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,498 | TotalAmt |
| Program Services | $22,100 | ProgramServicesAmt |
| Management And General | $2,351 | ManagementAndGeneralAmt |
| Fundraising | $3,047 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,794 | TotalAmt |
| Program Services | $18,303 | ProgramServicesAmt |
| Management And General | $1,967 | ManagementAndGeneralAmt |
| Fundraising | $2,524 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBT - LOAN | $546,588 | $546,588 | ||
| DUES AND SUBSCRIPTIONS | $6,558 | $5,233 | $560 | $765 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,675 | TotalAmt |
| Management And General | $3,054 | ManagementAndGeneralAmt |
| Fundraising | $621 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,782,804 | TotalAmt |
| Program Services | $2,273,408 | ProgramServicesAmt |
| Management And General | $229,285 | ManagementAndGeneralAmt |
| Fundraising | $280,111 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $249,521 | BOYAmt |
| EOY | $458,498 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,046,255 | BOYAmt |
| EOY | $1,667,564 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $443,014 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,739 | BOYAmt |
| EOY | $307,568 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,534 | BOYAmt |
| EOY | $23,021 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $400,383 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $371,470 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,411 | BOYAmt |
| EOY | $28,913 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,311 | BOYAmt |
| EOY | $406,372 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,165 | BOYAmt |
| EOY | $23,013 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,523,429 | BOYAmt |
| EOY | $2,023,556 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,909,379 | BOYAmt |
| EOY | $4,938,505 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,441 | BOYAmt |
| EOY | $142,551 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,277 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $655,706 | BOYAmt |
| EOY | $443,196 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,514,573 | BOYAmt |
| EOY | $2,566,161 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $458,081 | BOYAmt |
| EOY | $669,892 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,891,078 | BOYAmt |
| EOY | $3,821,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $896,852 | BOYAmt |
| EOY | $400,118 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,121,449 | BOYAmt |
| EOY | $716,587 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,018,301 | BOYAmt |
| EOY | $1,116,705 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,909,379 | BOYAmt |
| EOY | $4,938,505 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$903,140 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $74 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $1,470 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,846,850 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,837,210 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,055,425 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,948,120 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,610,043 | CurrentTaxYearAmt |
| Total | $9,297,648 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,846,850 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,837,210 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,055,425 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,948,120 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,610,043 | CurrentTaxYearAmt |
| Total | $9,297,648 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $649,669 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,647,979 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $266 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,160 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,687 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,067 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,013 | CurrentTaxYearAmt |
| Total | $41,193 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $9,338,841 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,176,643 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.92600 | PublicSupportCY170Pct |
| Public Support PY170 | 0.92590 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,165 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $73 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $225 | AdministrativeExpensesAmt |
| End Year Balance | $23,013 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,045 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $337 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $217 | AdministrativeExpensesAmt |
| End Year Balance | $23,165 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,491 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,777 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $223 | AdministrativeExpensesAmt |
| End Year Balance | $23,045 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,965 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $2,546 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $20 | AdministrativeExpensesAmt |
| End Year Balance | $21,491 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,572 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$370 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $237 | AdministrativeExpensesAmt |
| End Year Balance | $18,965 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.85590 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.14410 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $400,383 | OtherCostOrOtherBasisAmt |
| Depreciation | $371,470 | DepreciationAmt |
| Book Value | $28,913 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $28,913 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM LENDING | Desc |
| Book Value | $2,023,556 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $2,023,556 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL LEASES | $28,139 |
| ADMINISTERED LOAN FUND | $413,229 |
| PPP LOAN | $228,524 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $669,892 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,334,395 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $74 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $1,470 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,544 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,332,851 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $225 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $546,588 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $546,813 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,879,664 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,235,991 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,235,991 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $225 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $546,588 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $546,813 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,782,804 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THIS IS A PERMANENT ENDOWMENT TO SUPPORT THE PROGRAMS OF WOMENVENTURE. INVESTMENT GAINS ON THE ENDOWMENT MAY BE USED TO CARRY OUT THE GENERAL CHARITABLE PURPOSE OF WOMENVENTURE. |
| PART X, LINE 2: | WOMENVENTURE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS EXEMPT FROM MINNESOTA INCOME TAX, EXCEPT TO THE EXTENT THE ORGANIZATION HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION CURRENTLY HAS NO UNRELATED BUSINESS ACTIVITY INCOME. IN ADDITION, WOMENVENTURE QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTION AND HAS BEEN CLASSIFIED AS A PUBLIC CHARITY THAT IS NOT A PRIVATE FOUNDATION. WOMENVENTURE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES HAVE THE RIGHT TO EXAMINE THE CURRENT AND PRIOR THREE YEARS' RETURNS. ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX POSITIONS ARE REPORTED AS SUCH WITHIN THE MANAGEMENT AND GENERAL EXPENSES CATEGORY. FOR THE YEARS ENDED JUNE 30, 2020 OR 2019, THERE WERE NO SUCH INTEREST OR PENALTIES RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. WOMENVENTURE HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES DUE TO UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | BAD DEBT - LOANS, NET 546,588. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | BAD DEBT - LOANS, NET 546,588. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | WOMEN MEAN BUSINESS | Event1Nm |
| Gross Receipts Event1 | $310,474 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $257,971 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $52,503 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $100 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $4,963 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $22,679 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $31,053 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $12,682 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $2,329 | OtherDirectExpensesEvent1Amt |
| Event2 | EMPOWER SOCIAL HOUR | Event2Nm |
| Gross Receipts Event2 | $6,377 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $6,377 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $1,400 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $750 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $1,005 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $2,361 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $984 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $316,851 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $257,971 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $58,880 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $100 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $6,363 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $23,429 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $32,058 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $15,043 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $3,313 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $80,306 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$21,426 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION WORKS CLOSELY WITH AN OUTSIDE PAID PREPARER WHO IS EXPERIENCED WITH FORM 990. THE ORGANIZATION'S CFO AND FINANCIAL MANAGER PROVIDE THE PREPARER WITH FULL INFORMATION AND CLOSELY REVIEW THE RETURN PRIOR TO GOING TO FINAL DRAFT. THE PAID PREPARER WALKS THROUGH THE 990 WITH THE FINANCE COMMITTEE AND TAKES QUESTIONS. THEREAFTER, THE FINANCE COMMITTEE APPROVES THE FORM, WITH MINOR CHANGES, AND RECOMMENDS TO THE BOARD FOR APPROVAL. THE BOARD REVIEWS AND APPROVES, AUTHORIZING THE CEO TO SIGN THE FORM. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD AND STAFF MAKE ANNUAL DECLARATIONS OF ANY CONFLICTS OF INTEREST. WHEN CONFLICTS ARISE DURING THE YEAR, THE INTERESTED PERSON IS TO REPORT THE CONFLICT TO THE BOARD CHAIR OR THE BOARD CHAIR'S DESIGNEE. THE BOARD CHAIR, OR THE BOARD CHAIR'S DESIGNEE, DECLARES IF IT IS IN FACT A CONFLICT. DURING THE DISCUSSION OF THE TRANSACTION OR AGREEMENT IN QUESTION, THE INTERESTED BOARD MEMBER IS REMOVED FROM THE ROOM. THAT BOARD MEMBER ALSO MUST ABSTAIN FROM VOTING. |
| FORM 990, PART VI, SECTION B, LINE 15 | WOMENVENTURE USES THE MINNESOTA COUNCIL OF NONPROFITS SALARY SURVEY WHEN DETERMINING COMPENSATION FOR TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES. THE CHIEF EXECUTIVE OFFICER'S SALARY IS REVIEWED BY THE FULL BOARD ANNUALLY; THE BOARD CHAIR HAS A DIRECTIVE TO REVIEW MARKET COMPENSATION AND MAKE RECOMMENDATIONS. THE CHIEF FINANCIAL OFFICER'S COMPENSATION IS DETERMINED BY THE CHIEF EXECUTIVE OFFICER'S BASED ON REVIEW OF MARKET COMPENSATION RATES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |