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The Womans Network For Single Parents

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205555166 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Womans Network For Single Parents?

The Womans Network For Single Parents is a nonprofit organization situated in Lakewood, New Jersey, with an address at 21 Shonny Drive. Their primary mission is to offer emotional, financial, and community support to single women raising children. They provide this assistance through a variety of means, including financial aid, social events, and educational programs. With a team of five dedicated individuals, this organization strives to create a supportive environment for single mothers, ensuring they have the resources and assistance they need to navigate their challenges effectively.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

The Woman's Network for Single Parents has received an overall score of 84%, reflecting a solid performance in accountability and finance. The charity boasts a well-structured board with 72% independent members and has no material diversion of assets, which indicates a commitment to ethical financial practices. Their program expense ratio is strong at nearly 78%, suggesting that a significant portion of their funds is directed towards their mission to support single parents.

However, there are some areas that require improvement. The organization lacks a whistleblower policy and a document retention policy, which are crucial for ensuring transparency and accountability. Additionally, the absence of recorded board meeting minutes raises concerns about governance practices and the decision-making process within the organization.

Overall, while The Woman's Network for Single Parents demonstrates commendable financial health and governance in certain aspects, addressing the noted deficiencies could enhance their transparency and trustworthiness as a nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is The Womans Network For Single Parents legitimate?

The Womans Network For Single Parents is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Womans Network For Single Parents submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $346,137

For more financial information, click here

What is the mission statement of The Womans Network For Single Parents?

The Women's Network for Single Parents is dedicated to providing emotional, financial, and community support for single women raising children. Their mission is to offer a range of resources, including financial assistance, social events, and educational programs, aiming to enhance the lives of these women and their children. The network serves as a trusted source of support, helping single mothers navigate various challenges they may face. By providing emotional assistance and fostering a sense of community, the organization aims to empower these women and improve their overall well-being. The network also organizes events and educational programs to equip single mothers with the necessary skills and resources to overcome financial hardships and navigate their unique circumstances.

Who is the CEO of The Womans Network For Single Parents?

Yehuda Neuberger is the President of The Womans Network For Single Parents.

What is the revenue of The Womans Network For Single Parents?

The Womans Network For Single Parents's revenue in 2022 was $960,546.

Who are the executives of The Womans Network For Single Parents and what are their salaries?

The average compensation at The Womans Network For Single Parents during 2022 was $69,227. There are 5 employees and 150 volunteers at The Womans Network For Single Parents.


Here are 3 key members and their salaries:


Yehuda Neuberger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simcha Schoenfeld (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suree Horowitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Womans Network For Single Parents?

The Womans Network For Single Parents's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Womans Network For Single Parents

The Women's Network for Single Parents is an organization dedicated to offering emotional, financial, and community support to single women with children. Their mission is to provide a nurturing environment that empowers these women, helping them navigate the challenges they face. This support extends beyond emotional and financial aid, as the network also organizes social events and educational programs specifically tailored to benefit single mothers. By doing so, they aim to foster a sense of community and unity among their members, providing them with the resources and support necessary to thrive.

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Impact




October, 2024

The Womans Network For Single Parents significantly enhances the lives of single mothers by offering crucial emotional, financial, and community support. By providing financial assistance, the network alleviates some of the monetary burdens that single parents face, enabling them to focus on their children's well-being and development. Social events foster a sense of camaraderie and belonging, reducing feelings of isolation often experienced by single mothers. Educational programs empower these women with skills and knowledge that can lead to better job opportunities, personal growth, and improved parenting strategies. Overall, the organization's multi-faceted approach creates a supportive community where single mothers can thrive personally and professionally.




This information is meant to be a general summary of The Womans Network For Single Parents. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$960,546 (2022)
Expenses
$1,026,531 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $960,546

Assets and Liabilities:

  • Total Assets: $12,813
  • Total Liabilities: $4,824
  • Net Assets: $7,989

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Organization Details

Founding Year

2006

Principal Officer

Yehuda Neuberger

Main Address

21 SHONNY DRIVE, LAKEWOOD, NJ, 08701

NTEE Category

Code: R24 - Civil rights

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