THE WOMEN'S BAKERY INC

EIN: 474333365 501(c)(3) International Affairs

DENVER, CO

Total Revenue
$967,052
Total Expenses
$981,099
Total Assets
$570,173
Net Assets
$566,688
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CO
Principal Officer
JANE MARKEY CULVER
Phone
9182891274
Tax Period
2023-01-01 to 2023-12-31

THE WOMEN'S BAKERY INC, founded in 2015, is a small nonprofit in the International Affairs sector that reported $967K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.

Mission

THE WOMEN'S BAKERY IS A SOCIAL ENTERPRISE THAT EMPOWERS WOMEN THROUGH ACCREDITED TRAINING, EMPLOYMENT, AND SOCIAL PROGRAMMING, AND BUILDS BAKERIES THAT SELL HIGH QUALITY AND AFFORDABLE BREADS TO EAST AFRICAN COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $829,105

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...

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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. OUR ONE BREAD PROJECT, A DONOR-SUPPORTED SCHOOL SNACK PROGRAM, GREW FROM 15,6000 STUDENTS SERVED DAILY TO 20,000+. IN 2023, TWB EMPLOYED 47 WOMEN DIRECTLY, 45 OF WHOM ARE EAST AFRICAN AND 41 OF WHOM ARE WOMEN, 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 2024 AND BEYOND.

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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 $966,688
Program Service Revenue $0
Investment Income $364
Other Revenue $0
TOTAL REVENUE $967,052

Expense Breakdown

Grants Paid $727,750
Salaries & Benefits $177,688
Fundraising Expenses $51,493
Program Expenses $829,105
Other Expenses $75,661
TOTAL EXPENSES $981,099

Year-over-Year Comparison

2023 2022 Change
Revenue $967,052 $1,119,861 -0.1%
Expenses $981,099 $1,358,407 -0.3%
Net Income $-14,047 $-238,546 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
4
Volunteers
5

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
$123,840
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MYMOONA MOHAMMED BOARD CHAIR 1.00
Officer Director
$0 $0 $0
KAHWA DOUOGUIH TREASURER 1.00
Officer Director
$0 $0 $0
ANNETTE MCCALL BOARD DIRECTOR 1.00
Director
$0 $0 $0
BURKE FISHBURN BOARD DIRECTOR (THRU 07/23) 1.00
Director
$0 $0 $0
VALERIE WAYLAND BOARD DIRECTOR 1.00
Director
$0 $0 $0
JANE MARKEY CULVER CEO 40.00
Officer
$121,736 $2,104 $123,840
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 $967,052 $981,099 $570,173 $-14,047
2022 $1,119,861 $1,358,407 $584,199 $-238,546
2021 $1,065,951 $976,833 $838,378 $89,118
2020 $961,827 $690,497 $775,721 $271,330
2019 $830,661 $599,015 $458,833 $231,646
2018 $545,805 $460,287 $227,187 $85,518
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