Shes Well Networked Inc

EIN: 923166033 501(c)(3) Community Improvement

Baltimore, MD

Total Revenue
$255,004
Total Expenses
$182,567
Total Assets
$75,332
Net Assets
$74,482
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MD
Principal Officer
Nakeia Drummond
Phone
4437429705
Tax Period
2023-07-01 to 2024-06-30

Shes Well Networked Inc, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $255K in total revenue in fiscal year 2023. The organization ran a surplus of $72K, a strong 28% operating margin.

Mission

Shes WELL Networked Inc. mission is to radically shift and deepen investment in Black Women entrepreneurs by creating spaces where we can heal, tell our stories and invest in our own assets. We create programs, experiences and events where Black women entrepreneurs can nurture their visions, refine skills required to grow sustainable, legacy- leaving businesses and heal from a history of social and economic exclusion.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $243,000
Program Service Revenue $12,004
Investment Income $0
Other Revenue $0
TOTAL REVENUE $255,004

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,863
Fundraising Expenses $0
Program Expenses $44,537
Other Expenses $57,704
TOTAL EXPENSES $182,567

Year-over-Year Comparison

2023 2022 Change
Revenue $255,004 N/A N/A
Expenses $182,567 N/A N/A
Net Income $72,437 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
1
$35,680
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nakeia Drummond President 40.00
Director
$35,680 $0 $35,680
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 $255,004 $182,567 $75,332 $72,437
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Shes Well Networked Inc with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.