MARY J BLIGE FOUNDATION FOR THE ADVANCEMENT OF WOMEN NOW INC

EIN: 208698292 501(c)(3)

NEW YORK, NY

Total Revenue
N/A
Total Expenses
$96,579
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NY
Principal Officer
MARY J BLIGE
Phone
2128671117
Tax Period
2018-01-01 to 2018-12-31

Mission

TO INSPIRE WOMEN FROM ALL WALKS OF LIFE TO REACH THEIR INDIVIDUAL POTENTIAL THROUGH SCHOLARSHIPS, GRANTS, AND PROGRAMS THAT FOSTER STRONG SELF-ESTEEM, CAREER DEVELOPMENT, AND PERSONAL GROWTH. IT IS INTENDED TO HELP WOMEN GAIN THE CONFIDENCE AND SKILLS THEY NEED TO ACHIEVE SUCCESS AND WILL INITIALLY FOCUS ITS EFFORTS IN YONKERS AND SURROUNDING COMMUNITIES IN WESTCHESTER AND THEN EXPAND ITS SCOPE TO INCLUDE THE GREATER NEW YORK AREA AND, EVENTUALLY, THE ENTIRE COUNTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $96,579
TOTAL EXPENSES $96,579

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $90,370 -1.0%
Expenses $96,579 $78,863 +0.2%
Net Income N/A $11,507 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY J BLIGE PRESIDENT/DIRECTOR 0.25
Officer Director
$0 $0 $0
LISA PRICE DIRECTOR 0.25
Officer Director
$0 $0 $0
MARLA GREEN DIRECTOR 0.25
Officer Director
$0 $0 $0
LATONYA BLIGE DACOSTA TREASURER 0.25
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 No data $96,579 No data No data
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