Overview
What is Women Moving Millions Inc?
Women Moving Millions Inc, a nonprofit organization situated in New York City, New York, is dedicated to catalyzing substantial resources for the advancement of women and girls. They operate with a modest workforce of seven individuals. In 2022, they launched the Women's Power & Influence Matching Fund Program, supported by Pivotal Ventures, which matches eligible grants committed by members to organizations promoting gender equality in the United States. Their member education programs provide opportunities for members to enhance their philanthropic leadership, gain insights from influential figures in the gender equality movement, and foster collaboration within their community. The annual Women Moving Millions Summit brings together their membership, partners, and supporters to connect, learn, and inspire bold giving, furthering their mission.
Official website here: www.womenmovingmillions.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97% (Four-Star out of Four Stars)
Women Moving Millions Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. The organization achieved a perfect score in multiple areas, including having a majority of independent board members and robust financial oversight practices. With an impressive program expense ratio of 88.06%, the organization demonstrates a commitment to effectively allocating resources towards its mission.
The charity also exhibits transparency through well-documented policies, including conflict of interest and whistleblower policies, which contribute to its high rating. There are no reported material diversions of assets, indicating a strong ethical foundation within its financial practices. The organization maintains a low fundraising efficiency cost, ensuring that a significant portion of donations directly supports its programs.
While the financial indicators are overwhelmingly positive, it is essential for potential donors to consider the broader impact of Women Moving Millions Inc's initiatives. Continued transparency and effective communication about the organization's outcomes could further enhance its reputation and stakeholder trust. Overall, the charity's strong performance in governance and financial health positions it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Women Moving Millions Inc legitimate?
Women Moving Millions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women Moving Millions Inc 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: $234,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $648,775
For more financial information, click here
Official website here: www.womenmovingmillions.org
What is the mission statement of Women Moving Millions Inc?
Women Moving Millions Inc's mission is geared towards catalyzing substantial resources for the progress of women and girls. This organization strives to achieve this goal by providing a platform for its members to amplify their philanthropic contributions to organizations promoting gender equality in the United States. Additionally, Women Moving Millions offers educational programs that empower members to enhance their philanthropic leadership, foster connections within the community, and encourage collaboration and partnerships. The organization's annual flagship event, the Women Moving Millions Summit, brings together its membership, partners, and supporters to connect, learn, and inspire generous giving, furthering its mission.
Official website here: www.womenmovingmillions.org
Who is the CEO of Women Moving Millions Inc?
Sarah Haacke Byrd is the CEO of Women Moving Millions Inc The CEO's salary of Women Moving Millions Inc is $202,500 and their total compensation is $234,624.
Official website here: www.womenmovingmillions.org
What is the revenue of Women Moving Millions Inc?
Women Moving Millions Inc's revenue in 2023 was $4,284,436.
Official website here: www.womenmovingmillions.org
Who are the executives of Women Moving Millions Inc and what are their salaries?
The average compensation at Women Moving Millions Inc during 2023 was $88,340. There are 10 employees and 13 volunteers at Women Moving Millions Inc.
Here are 16 key members and their salaries (Women Moving Millions Inc's CEO's salary is $202,500 and their total compensation is $234,624):
- Compensation: $202,500
- Related: $0
- Other: $32,124
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $152,086
- Related: $0
- Other: $18,252
- Compensation: $103,044
- Related: $0
- Other: $16,290
Official website here: www.womenmovingmillions.org
Where can I find the form 990 for Women Moving Millions Inc?
Women Moving Millions Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.womenmovingmillions.org
Learn more at the official website: www.womenmovingmillions.org
Mission Statement of Women Moving Millions Inc
Women Moving Millions Inc, an organization dedicated to advancing women and girls, has a mission to catalyze unprecedented resources for this cause. Their objective is to mobilize significant financial support and leverage the collective influence of its members to drive progress towards gender equality in the United States. By providing resources and opportunities for its members to enhance their philanthropic leadership, Women Moving Millions fosters collaboration and partnerships among individuals and organizations working towards gender equality. Through its educational programs, the organization encourages members to engage with thought leaders, share insights, and build connections within the broader movement for gender equality. The annual Women Moving Millions Summit is another key initiative, bringing together its membership community, partners, and supporters to connect, learn, and inspire bold giving, furthering the organization's mission to catalyze resources for the advancement of women and girls.
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Impact
July, 2024
Women Moving Millions Inc is catalyzing unprecedented resources for the advancement of women and girls. They launched the Women's Power & Influence Matching Fund program in 2022 with support from Pivotal Ventures, matching eligible grants committed by members to organizations working to advance gender equality in the United States. Their member education programs offer opportunities for philanthropic leadership development, insights from leaders in gender equality movements, community building, and collaboration. The Women Moving Millions Summit brings together their membership community, partners, and supporters to connect, learn, and inspire bold giving. Through these initiatives, Women Moving Millions is making a significant impact in advancing gender equality and empowering women and girls.
This information is meant to be a general summary of Women Moving Millions Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,961
- Gross Receipts: $4,284,436
Assets and Liabilities:
- Total Assets: $2,033,564
- Total Liabilities: $507,836
- Net Assets: $1,525,728
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Organization Details
Founding Year
2011
Principal Officer
Sarah Haacke Byrd
Website
www.womenmovingmillions.orgNTEE Category
Code: P80 - Human services
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