Skip to content
Nonprofiteer
← WOMENS MONEY MATTERS INC

Form 990 for tax year 2023

Filed by WOMENS MONEY MATTERS INC.

Totals

Total revenue
$1,489,221
Total expenses
$1,212,254
Contributions and grants received
$1,367,807
Grants paid
$0
Program service revenue
$50,600
Investment income
$70,814
Other revenue
$0
Total assets, end of year
$1,485,270
Total liabilities, end of year
$40,431
Net assets or fund balances, end of year
$1,444,839
Program services expenses (Part IX)
$1,012,320
Management and general expenses
$75,210
Fundraising expenses
$124,724
Program service expenses (Part III)
$1,012,320

Program services were 83.5% 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.

  • 1e · Government grants (contributions)

    $260,555

  • 1f · All other contributions, gifts and grants

    $1,107,252

  • 2a · Program service revenue: TRAINING WORKSHOPS

    total $50,600 · related or exempt $50,600

  • 3 · Investment income

    total $30,283 · excluded $30,283

  • 7a · Gross sales of assets other than inventory

    securities $829,677

  • 7b · Less cost or other basis and sales expenses

    securities $789,146

  • 7c · Gain or loss

    securities $40,531

  • 7d · Net gain or loss

    total $40,531 · excluded $40,531

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $122,830 · program services $98,536 · management and general $7,356 · fundraising $16,938

  • 7 · Other salaries and wages

    total $619,911 · program services $497,299 · management and general $37,127 · fundraising $85,485

  • 8 · Pension plan contributions

    total $73,463 · program services $58,933 · management and general $4,400 · fundraising $10,130

  • 9 · Other employee benefits

    total $17,325 · program services $13,898 · management and general $1,038 · fundraising $2,389

  • 11b · Fees: legal

    total $271 · management and general $271

  • 11c · Fees: accounting

    total $17,860 · management and general $17,860

  • 11g · Fees: other

    total $3,499 · program services $2,862 · management and general $193 · fundraising $444

  • 12 · Advertising and promotion

    total $28,996 · program services $26,258 · management and general $831 · fundraising $1,907

  • 13 · Office expenses

    total $51,161 · program services $45,053 · management and general $3,805 · fundraising $2,303

  • 17 · Travel

    total $8,348 · program services $8,348

  • 22 · Depreciation, depletion and amortization

    total $9,743 · program services $7,969 · management and general $538 · fundraising $1,236

  • 23 · Insurance

    total $5,576 · program services $4,561 · management and general $308 · fundraising $707

  • 24a · Other expenses: PROGRAM EXPENSES AND MA

    total $244,420 · program services $244,420

  • 24b · Other expenses: CONFERENCES AND MEETING

    total $6,413 · program services $3,282 · management and general $1,422 · fundraising $1,709

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $1,102 · program services $901 · management and general $61 · fundraising $140

  • 24d · Other expenses: ANNUAL APPEAL EXPENSES

    total $946 · fundraising $946

  • 24e · All other expenses

    total $390 · fundraising $390

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $180,216 · end of year $336,707

  • 3 · Pledges and grants receivable

    beginning of year $190,000 · end of year $235,000

  • 4 · Accounts receivable

    beginning of year $5,625 · end of year $25,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,749 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $62,850

  • 10b · Land, buildings and equipment: accumulated depreciation

    $32,618

  • 10c · Land, buildings and equipment, net

    beginning of year $27,725 · end of year $30,232

  • 11 · Investments: publicly traded securities

    beginning of year $788,453 · end of year $858,331

  • 17 · Accounts payable and accrued expenses

    beginning of year $25,896 · end of year $40,431

  • 27 · Net assets without donor restrictions

    beginning of year $856,162 · end of year $1,109,839

  • 28 · Net assets with donor restrictions

    beginning of year $311,710 · end of year $335,000

Mission and programs · 2023

Mission

WOMEN'S MONEY MATTERS, INC. EMPOWERS LOW-INCOME WOMEN THROUGH FINANCIAL LITERACY. THE ORGANIZATION'S COMPREHENSIVE PROGRAMMING COMBINES ONE-TO-ONE COACHING WITH A SERIES OF WORKSHOPS THAT DEVELOP CORE MONEY MANAGEMENT SKILLS AND SELF-ESTEEM.

Activities or mission (Part I)

WOMEN'S MONEY MATTERS, INC. PROVIDES FINANCIAL WELLNESS PROGRAMS FOR WOMEN ON LOW INCOMES IN THE STATE OF MASSACHUSETTS.

  • WOMEN'S MONEY MATTERS, INC. BRINGS FINANCIAL LITERACY PROGRAMMING TO LOW-INCOME WOMEN. WOMENS MONEY MATTERS, INC. RECRUITS, TRAINS, AND SUPPORTS COACHES WHO MENTOR PROGRAM PARTICIPANTS, AND PROVIDES THE PRESENTERS AND MATERIALS FOR WORKSHOPS ON BASIC MONEY MANAGEMENT SKILLS. THIS FISCAL YEAR, WOMEN'S MONEY MATTERS PARTNERED WITH SOCIAL SERVICE AGENCIES IN THE BOSTON AREA TO BRING FINANCIAL LITERACY PROGRAMMING TO THEIR CLIENTS.

    Expenses $1,012,320 · Revenue $50,600

As filed on the 2023 return.

Listed in Part VII

  • Brandie Conforti

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Katherine McCabe

    DEVELOPMENT COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Kelly Young

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Michelle Brathwaite

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Naznine Tilak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Nina Charnley

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Valerie Galvao

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sarah Connors

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Shannon Gath

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Danielle Piskadlo

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    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.

Provenance

Return type
form_990
Tax year
2023
Filed
7 November 2024
IRS schema version
2023v5.1
Source object
202413129349300526

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.