Institute Of Wonderful Women Working For Empowerment

Nonprofit profile at a glance

EIN
208724195
IRS 990-EZ coverage
2012–2019
Forms available
Form 990-EZ 2019, Form 990-N 2011
Location
Sneads Ferry, NC, USA
Phone
9083918944
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$2,525
Expenses
$22,176
Assets
$6,051
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • Darlene Mcknight (Chairman of Board)
  • Beverly Smith (Member Board Of Directors)
  • Shirley Satterfield (Member Board Of Directors)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Scholarships and Support (Just in Time (JIT) Self-Sufficiency Achievement) With the support of the Princeton Area Community Foundation, 12 students already enrolled in healthcare training are supported through scholarships, career mentoring, strengthening technology skills, assistance with the nursing licensing examinations and job search. The goal as always is to help students achieve economic self-sufficiency.

What it reported doing in 2019

Technology Lab & Experienceship Program - The Career Bridge Technology Lab (CBTL) is a technology learning center for women of color, mostly low-income, who are overcoming the challenge of gaining entrance into the healthcare industry. Participating women do not have access to the very expensive preparation courses offered to prepare for licensing exams. Thanks to the Bunbury Company, with support from the Unitarian Universalist Church, the center allows use of individual computers with practice tests, practice exercises for the LPN program, study videos for LPN test situational discussion and onsite licensed discussion facilitators. In addition to the Technology lab we have development an experienceship program such that protégés who have obtain their state licenses can work a 6 month internship to gain on the job experience. Donated space costs and volunteer mentors is estimated at $10,000.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 58% for direct work, 40% for grants, and 2% for member benefits.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 82
  • Sustainability: 16
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 71.5%; rating input score 72

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -778.3%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -4% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: -16.9% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -21.4% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 71.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $16K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2012 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.