Totals
- Total revenue
- $1,119,861
- Total expenses
- $1,358,407
- Contributions and grants received
- $1,119,364
- Grants paid
- $814,463
- Program service revenue
- $0
- Investment income
- $497
- Other revenue
- $0
- Total assets, end of year
- $584,199
- Total liabilities, end of year
- $3,464
- Net assets or fund balances, end of year
- $580,735
- Program services expenses (Part IX)
- $1,154,138
- Management and general expenses
- $148,593
- Fundraising expenses
- $55,676
- Program service expenses (Part III)
- $1,154,138
Program services were 85.0% 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
$1,119,364
-
4 · Income from investment of tax-exempt bond proceeds
total $497 · excluded $497
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $814,463 · program services $814,463
-
5 · Compensation of officers, directors and key employees
total $122,300 · program services $30,575 · management and general $61,150 · fundraising $30,575
-
7 · Other salaries and wages
total $173,811 · program services $173,811
-
9 · Other employee benefits
total $23,622 · program services $23,622
-
10 · Payroll taxes
total $24,221 · program services $24,221
-
11c · Fees: accounting
total $60,627 · program services $38,040 · management and general $22,587
-
11g · Fees: other
total $77,962 · management and general $59,834 · fundraising $18,128
-
12 · Advertising and promotion
total $6,973 · fundraising $6,973
-
13 · Office expenses
total $7,757 · program services $7,757
-
14 · Information technology
total $3,731 · program services $3,731
-
16 · Occupancy
total $4,076 · program services $4,076
-
17 · Travel
total $28,708 · program services $28,708
-
19 · Conferences, conventions and meetings
total $546 · program services $546
-
22 · Depreciation, depletion and amortization
total $1,835 · program services $1,835
-
23 · Insurance
total $1,802 · program services $1,802
-
24a · Other expenses: BANK FEES
total $3,732 · management and general $3,732
-
24b · Other expenses: PROFESSIONAL DEVELOPMEN
total $1,160 · management and general $1,160
-
24c · Other expenses: GIFTS
total $915 · program services $915
-
24d · Other expenses: LICENSES AND REGISTRATI
total $130 · management and general $130
-
24e · All other expenses
total $36 · program services $36
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $755,439 · end of year $571,126
-
2 · Savings and temporary cash investments
beginning of year $2 · end of year $2
-
3 · Pledges and grants receivable
beginning of year $68,031 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$15,712
-
10b · Land, buildings and equipment: accumulated depreciation
$12,912
-
10c · Land, buildings and equipment, net
beginning of year $4,635 · end of year $2,800
-
13 · Investments: program-related
beginning of year $10,271 · end of year $10,271
-
17 · Accounts payable and accrued expenses
beginning of year $19,097 · end of year $3,464
-
27 · Net assets without donor restrictions
beginning of year $819,281 · end of year $580,735
Mission and programs · 2022
Mission
THE WOMEN'S BAKERY IS A SOCIAL ENTERPRISE THAT EMPOWERS WOMEN AND SELLS NUTRITIOUS, AFFORDABLE BREADS TO EAST AFRICAN COMMUNITIES.
-
THE WOMEN'S BAKERY (TWB) IS MORE THAN A CONCEPT - TWB IS A VIABLE COMMITMENT TO A VISION FOR WHAT THE WORLD CAN BE: A WORLD THAT ELEVATES WOMEN FOR THEIR INHERENT POWER, AND PROMOTES BUSINESS AS A TOOL FOR LASTING, POSITIVE SOCIAL IMPACT. TWB HAS MADE IT THROUGH SERIOUSLY CHALLENGING TIMES. WHEN BUSINESSES GLOBALLY SHUTTERED BECAUSE THE EXTERNAL VOLATILITIES WERE TOO MUCH, TWB STOOD STRONG OUR PROVERBIAL ARMS OUTSTRETCHED LIKE A PROTECTIVE PARENT, SAFEGUARDING OUR TEAM, CUSTOMERS, AND COMMUNITIES. TWB HAS NOT JUST WEATHERED STORMS, BUT PERSEVERED AMIDST TIDAL WAVES OF DISRUPTIONS AND SETBACKS. TWB REMAINED STRONG BECAUSE OF OUR TEAM EMPLOYEES AND GENEROUS SUPPORTERS, LIKE YOU. THANK YOU. TWB CONTINUES TO GROW. IN THE PAST YEAR, ONE OF THE WORST FOR MOST BUSINESSES, OUR BREAD SALES DOUBLED. OUR ONE BREAD PROJECT, A DONOR-SUPPORTED SCHOOL FEEDING PROGRAM, GREW A WHOPPING 170%, INCREASING TO 11,166 STUDENTS SERVED DAILY FROM 4,150. NOW, IN MAY OF 2023, THIS PROGRAM SERVES 15,600 STUDENTS A DAY, AT A TIME WHEN RWANDAN FAMILIES NEED US MOST. TWB EMPLOYED 48 WOMEN DIRECTLY, 46 OF WHOM ARE EAST AFRICAN, ACROSS THREE BAKERIES IN RWANDA. ALL TWB TEAM MEMBERS HAVE ACCESS TO MENTAL HEALTH COUNSELING, FINANCIAL LITERACY LESSONS, REPRODUCTIVE HEALTH TRAINING, NUTRITION LESSONS, AND MORE. ALL TEAM MEMBERS HAVE COMPANY HEALTH INSURANCE, BENEFITING 139 DEPENDENTS. 90% OF WOMEN BAKERS REPORTED FEELING CONFIDENT IN THEIR BASIC UNDERSTANDING OF FINANCES, SPECIFICALLY SAVING AND BUDGETING. AS WE CELEBRATE OUR GROWTH, WE LOOK AHEAD TO MORE EXCITING GROWTH HAPPENING IN 2023 AND BEYOND.
Expenses $1,154,138 · Grants $814,463
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sherry ManningSHERRY MANNING
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Leslie PesanteLESLIE PESANTE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Marla RosnerMARLA ROSNER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Mymoon MohammedMYMOON MOHAMMED
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Burke FishburnBURKE FISHBURN
BOARD DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kahwa DouoguihKAHWA DOUOGUIH
BOARD DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jane Markey CulverJANE MARKEY CULVER
CEO
- Total calculated
- $122,300
- From this org
- $120,000
- From related orgs
- $0
- Other
- $2,300
- Hours/week
- 40
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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
THE WOMEN'S BAKERY LTD
C · PROGRAM SERVICES - BAKERY AND SOCIAL SUPPORT · RW · 100% owned · share of income -$521,889 · share of assets $254,104
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323009349301417
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