SHE BELIEVES IN ME

EIN: 831447190 501(c)(3) Human Services

HERNDON, VA

Total Revenue
$494,065
Total Expenses
$477,760
Total Assets
$89,115
Net Assets
$87,762
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
VA
Principal Officer
RENEE GORMAN
Phone
7033329311
Tax Period
2023-01-01 to 2023-12-31

SHE BELIEVES IN ME, founded in 2018, is a small nonprofit in the Human Services sector that reported $382K in total revenue in fiscal year 2021. Expenses of $360K left a modest 6% surplus.

Mission

EMPOWERING CHILDREN, PREDOMINANTLY GIRLS BY PROVIDING RESOURCES, LIFE SKILLS AND HOPE TO THOSE WHO COME FROM DIVERSE BACKGROUNDS, TRAUMATIC EXPERIENCES AND DIFFICULT SOCIOECONOMIC CONDITIONS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $466,100
Program Service Revenue $0
Investment Income $0
Other Revenue $27,965
TOTAL REVENUE $494,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,754
Fundraising Expenses $11,718
Program Expenses $379,417
Other Expenses $394,006
TOTAL EXPENSES $477,760

Year-over-Year Comparison

2023 2022 Change
Revenue $494,065 $504,259 0.0%
Expenses $477,760 $480,252 0.0%
Net Income $16,305 $24,007 -0.3%
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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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
5
Independent Members
4
Employees
14
Volunteers
N/A

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
$28,164
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENEE GORMAN PRESIDENT 40.00
Officer
$28,164 $0 $28,164
LENORE KELLY BOARD MEMBER N/A
Director
$0 $0 $0
ALEXA MARSON VICE PRESIDE N/A
Officer
$0 $0 $0
TIMOTHY NERO TREASURER N/A
Officer
$0 $0 $0
AMY WHITEMAN SECRETARY N/A
Officer
$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 $494,065 $477,760 $89,115 $16,305
2022 $504,259 $480,252 $72,836 $24,007
2021 $382,276 $360,095 $48,689 $22,181
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