WOMENS GLOBAL EMPOWERMENT FUND

EIN: 208822616 501(c)(3) International Affairs

Denver, CO

Total Revenue
$206,957
Total Expenses
$192,239
Total Assets
$32,838
Net Assets
$17,985
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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
CO
Principal Officer
Michael Powl
Phone
3035207656
Tax Period
2023-01-01 to 2023-12-31

WOMENS GLOBAL EMPOWERMENT FUND, founded in 2007, is a small nonprofit in the International Affairs sector that reported $207K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $192K left a modest 7% surplus.

Mission

The mission of Women's Global Empowerment Fund is to empower women through economic, social and political programs; creating opportunities while addressing inequality, strengthening families and communities. Our strategy is to provide women with the framework necessary to create viable opportunities for themselves and their families. Through grassroots strategies, marginalized women are given the tools necessary to alleviate poverty thus facilitating sustainable development and empowerment. Our goal is to work for social justice, increased human security and women's empowerment.

Program Service Accomplishments

Program 1
Expenses: $169,416 Revenue: $0

As of December 2023, our Credit Plus program has given over 40,562 microcredit loans, 3629+ new loans in 2023, (498 borrowing groups), basic business training and opportunities to participants in...

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As of December 2023, our Credit Plus program has given over 40,562 microcredit loans, 3629+ new loans in 2023, (498 borrowing groups), basic business training and opportunities to participants in development programs. We made our first loan in October, 2007 and since April, 2008, have experienced rapid growth. We continue to add funds to our loan portfolio, creating and building capacity in our programs. Our reputation in the community is positive; we have a good, solid, fair program, resulting in new groups applying weekly. Several indicators highlight the success of this program and where we are at this point in time. One, we have had no defaults; two, groups continue to expand and grow their businesses, many women are hiring assistants and employees from their villages; three, we have created a complete and vibrant local food economy by supporting women farmers; also, Gulu Women's Resource Centre (GWRC) and Leadership Development continued in 2023, providing support and resources for women and girls experiencing gender based violence, forced marriage and other challenges. Program Highlights: * Peer Counseling ongoing training and support - 238 women leaders * Access to Justice for Women - This Program is fully functioning in the community providing women support and information about the justice system, navigating breakages in the justice chain and referrals. We have 22 trained counselors who have helped navigate support women in over 1500 cases in 2023 and a toll free nationwide number has been secured and is fully operational. * GWRC supported over 2000 women facing gender based violence by providing support and resources. * 108 girls prevented from forced/early marriage through the Access to Justice Family Mediation Initiative. * The Healthy Periods Initiative has distributed nearly 8.5m sanitary products to women and school girls, including monthly deliveries and education to women, girls across the regions. In 2023, 450,000 sanitary products were delivered to 26 schools across the region. * Agro Loan Program - in 2023 900+ women were given ag loans to support/create small/medium scale farm projects; including ongoing trainings and support. * 572+ serving in leadership positions across the region.

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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 (2023)

Revenue Breakdown

Contributions & Grants $206,956
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $206,957

Expense Breakdown

Grants Paid $38,870
Salaries & Benefits $20,395
Fundraising Expenses $0
Program Expenses $169,416
Other Expenses $132,974
TOTAL EXPENSES $192,239

Year-over-Year Comparison

2023 2022 Change
Revenue $206,957 $185,140 +0.1%
Expenses $192,239 $183,885 +0.0%
Net Income $14,718 $1,255 +10.7%
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
8
Independent Members
8
Employees
1
Volunteers
50

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Powl Board Chair 1
Officer Director
$0 $0 $0
Louise Martorano Board Treasurer 1
Officer Director
$0 $0 $0
Charlotte Seymour Board Secretary 1
Officer Director
$0 $0 $0
Julie Dugdale Board Member 1
Director
$0 $0 $0
Erin Flarity Board Member 1
Director
$0 $0 $0
Erin Huiting Board Member 1
Director
$0 $0 $0
Megan Hott Board Member 1
Director
$0 $0 $0
Katie Edwards Board Member 1
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
2024 No data No data No data No data
2023 $206,957 $192,239 $32,838 $14,718
2022 $185,140 $183,885 $17,764 $1,255
2021 $183,848 $184,798 $16,729 $-950
2020 $220,493 $228,532 $17,563 $-8,039
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