WOMEN OF COLOR NETWORK INC

EIN: 264391187 501(c)(3)

HARRISBURG, PA

Total Revenue
$784,874
Total Expenses
$1,051,079
Total Assets
$234,827
Net Assets
$-21,879
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
PA
Principal Officer
ANZALA ALOZIE
Phone
8449626462
Tax Period
2019-10-01 to 2020-09-30

WOMEN OF COLOR NETWORK INC, founded in 2009, is a small nonprofit that reported $785K in total revenue in fiscal year 2019. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 34% operating deficit.

Mission

THE MISSION OF THE WOMEN OF COLOR NETWORK (WOCN INC.) IS TO ELIMINATE VIOLENCE AGAINST ALL WOMEN AND THEIR COMMUNITIES BY CENTRALIZING THE VOICES AND PROMOTING THE LEADERSHIP OF WOMEN OF COLOR ACROSS THE SOVEREIGN NATIONS, THE UNITED STATES AND U.S. TERRITORIES.

Program Service Accomplishments

Program 1
Expenses: $757,804 Revenue: $45,140

TO PROVIDE WOMEN OF COLOR ACCESS TO INFORMATION THEY MIGHT NOT OTHERWISE RECEIVE; TO CHALLENGE SYSTEMS AND INSTITUTIONS THAT CREATE BARRIERS FOR WOMEN OF COLOR AND THEIR COMMUNITIES TO ACHIEVE...

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TO PROVIDE WOMEN OF COLOR ACCESS TO INFORMATION THEY MIGHT NOT OTHERWISE RECEIVE; TO CHALLENGE SYSTEMS AND INSTITUTIONS THAT CREATE BARRIERS FOR WOMEN OF COLOR AND THEIR COMMUNITIES TO ACHIEVE VIOLENCE-FREE LIVES; TO PROMOTE THE DEVELOPMENT OF WOMEN OF COLOR LED INITIATIVES THAT ARE MORE LIKELY TO REACH AND EFFICIENTLY SERVE COMMUNITIES OF COLOR; AND TO EXAMINE LOCAL, STATE, FEDERAL, AND TRIBAL POLICIES AND PROVIDE OPPORTUNITIES FOR WOMEN OF COLOR TO ORGANIZE AND EXERCISE THEIR VOICES REGARDING ISSUES OF VIOLENCE. WOCN, INC. HAS SEVERAL NATIONAL PROJECTS INCLUDING: NATIONAL TECHNICAL ASSISTANCE INFORMATION AND RESOURCES, SPECIALIZED TECHNICAL ASSISTANCE, NATIONAL EXPANDING LEADERSHIP TO UNDERREPRESENTED POPULATIONS CONTINUATION PROJECT, CULTURAL COMPETENCY AND ASPIRING ALLY TRAINING, NATIONAL CALL TO ACTION INITIATIVE, NATIONAL CALL TO ACTION TRAINING AND TECHNICAL ASSISTANCE PROJECT, NATIONAL WOMEN OF COLOR ECONOMIC AND POLICY LEADERSHIP PROJECT, WOCN STOP TECHNICAL ASSISTANCE PROJECT, LEADERSHIP EDUCATION AND ADVANCEMENT FOR PROFESSIONALS (LEAP) PROJECT, #JAGGEDJUSTICE INITIATIVE, MENTOR PROJECT, NATIONAL RESEARCH ON WOMEN OF COLOR SURVIVORS, AND WOMEN OF COLOR ADVOCATES AND THEIR PROGRAMS, AND PUBLIC POLICY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $739,734
Program Service Revenue $42,925
Investment Income $0
Other Revenue $2,215
TOTAL REVENUE $784,874

Expense Breakdown

Grants Paid $0
Salaries & Benefits $718,682
Fundraising Expenses $10,261
Program Expenses $757,804
Other Expenses $332,397
TOTAL EXPENSES $1,051,079

Year-over-Year Comparison

2019 2018 Change
Revenue $784,874 $1,515,277 -0.5%
Expenses $1,051,079 $1,337,256 -0.2%
Net Income $-266,205 $178,021 -2.5%
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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Governance

Voting Members
5
Independent Members
3
Employees
8
Volunteers
7

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
5
$161,259
Total Directors
8
$161,259
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAMAINE DANIELS CHAIR 2.00
Officer Director
$0 $0 $0
ISA WOLDEGUIORGUIS SECRETARY 2.00
Officer Director
$0 $0 $0
EDNA JAMES TREASURER BEG. 8/10; GENERAL MEMBER 2.00
Officer Director
$0 $0 $0
ANZALA ALOZIE INTERIM EXEC. DIRECTOR BEG. 8/20 & TREAS. 37.50
Officer Director
$0 $0 $0
TONYA LOVELACE CEO 37.50
Officer Director
$137,094 $24,165 $161,259
NASIM HOOMANRAD GENERAL MEMBER, FINAL YEAR 2.00
Director
$0 $0 $0
TONY PORTER GENERAL MEMBER, FINAL YEAR 2.00
Director
$0 $0 $0
ROSE PULLIAM GENERAL MEMBER, FINAL YEAR 2.00
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
2020 $784,874 $1,051,079 $234,827 $-266,205
2019 $1,515,277 $1,337,256 $479,236 $178,021
2018 $1,579,750 $1,439,868 $249,823 $139,882
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