Totals
- Total revenue
- $12,940,660
- Total expenses
- $1,382,162
- Contributions and grants received
- $440,198
- Grants paid
- $755,800
- Program service revenue
- $0
- Investment income
- $12,500,413
- Other revenue
- $49
- Total assets, end of year
- $36,594,372
- Total liabilities, end of year
- $37,006
- Net assets or fund balances, end of year
- $36,557,366
- Program services expenses (Part IX)
- $1,189,040
- Management and general expenses
- $193,122
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,189,040
Program services were 86.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$440,198
-
3 · Investment income
total $36,936 · excluded $36,936
-
7a · Gross sales of assets other than inventory
securities $12,463,477
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $12,463,477
-
7d · Net gain or loss
total $12,463,477 · excluded $12,463,477
-
11a · Other revenue: OTHER INCOME
total $49 · related or exempt $49
-
11e · Other revenue, total
$49
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $755,800 · program services $755,800
-
11b · Fees: legal
total $159,161 · management and general $159,161
-
11c · Fees: accounting
total $3,275 · management and general $3,275
-
11g · Fees: other
total $292,160 · program services $291,500 · management and general $660
-
12 · Advertising and promotion
total $53,033 · program services $53,033
-
13 · Office expenses
total $29,980 · program services $14,990 · management and general $14,990
-
17 · Travel
total $299 · program services $299
-
23 · Insurance
total $14,405 · management and general $14,405
-
24a · Other expenses: MISCELLANEOUS EXPENSE
total $43,062 · program services $42,867 · management and general $195
-
24b · Other expenses: PROGRAM SERVICE EXPESE
total $30,551 · program services $30,551
-
24c · Other expenses: BANK FEES
total $291 · management and general $291
-
24d · Other expenses: OTHER PROCESSING FEES
total $145 · management and general $145
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $484,073 · end of year $171,013
-
2 · Savings and temporary cash investments
end of year $8,667,019
-
4 · Accounts receivable
beginning of year $560,000 · end of year $1,600,000
-
9 · Prepaid expenses and deferred charges
beginning of year $2,974,468 · end of year $4,216,052
-
13 · Investments: program-related
beginning of year $21,017,333 · end of year $21,940,288
-
17 · Accounts payable and accrued expenses
beginning of year $37,006 · end of year $37,006
-
27 · Net assets without donor restrictions
beginning of year $24,998,868 · end of year $36,557,366
Mission and programs · 2022
Mission
TO EMPOWER EMERGING WOMEN OF COLOR ENTREPRENEURS WITH THE SUPPORT THEY NEED TO BE SUCCESSFUL AND HELP THEM REALIZE THEIR POTENTIAL AND TRANSFORM THEIR COMMUNITIES THROUGH COMMERCE.
Activities or mission (Part I)
TO SUPPORT EMERGING WOMEN OF COLOR ENTREPRENEURS.
-
COMMUNITY FUNDING PROGRAM: NEW VOICES FOUNDATION IS DELIVERING ON ITS PROMISE TO HELP WOMEN OF COLOR BUSINESS OWNERS BUILD, GROW AND SCALE THEIR BUSINESSES AND CREATE A MORE INCLUSIVE ENTREPRENEURIAL ECOSYSTEM.WE PROVIDE THEM WITH UNPRECEDENTED ACCESS, CAPITAL, AND EXPERTISE VIA PITCH COMPETITIONS; MOBILE ACCELERATORS; COACHING AND MENTORSHIP FOR PITCH WINNERS AND OTHERS IN THE NEW VOICES COMMUNITY; ONLINE LEARNING AND SKILLS DEVELOPMENT OPPORTUNITIES; AND ONGOING COMMUNICATIONS OUTREACH VIA SOCIAL MEDIA, NEWSLETTERS AND OTHER CHANNELS.
Expenses $1,189,040 · Grants $755,800
As filed on the 2022 return.
Listed in Part VII
-
Richeliu W Dennis JrRICHELIU W DENNIS JR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Martha DennisMARTHA DENNIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Richelyna HallRICHELYNA HALL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mary DennisMARY DENNIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
SUGARDOH
$100,000
TO SUPPORT THE ORGANIZATIONS MISSION.
-
KAZMALEJE
$67,000
TO SUPPORT THE ORGANIZATIONS MISSION.
-
SCOTCH BOYZ
$67,000
TO SUPPORT THE ORGANIZATIONS MISSION.
-
MOCKTAILS DBA MUMTAILS LLC
$50,000
TO SUPPORT THE ORGANIZATIONS MISSION.
-
PEAK AND VALLEY
$50,000
TO SUPPORT THE ORGANIZATIONS MISSION.
-
UNDEFINED BEAUTY
$34,000
TO SUPPORT THE ORGANIZATIONS MISSION.
-
FLORA AND NOOR
$25,000
TO SUPPORT THE ORGANIZATIONS MISSION.
-
SGM LLC (BEST TODAY)
$25,000
TO SUPPORT THE ORGANIZATIONS MISSION.
-
SGM LLC (BEST TODAY)
$25,000
TO SUPPORT THE ORGANIZATIONS MISSION.
-
NANA FOODS LLC
$15,000
TO SUPPORT THE ORGANIZATIONS MISSION.
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421379349300512
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.