Overview
What is The Women's Bakery Inc?
The Women's Bakery Inc, a social enterprise based in Denver, Colorado, is dedicated to empowering women and providing nutritious, affordable bread to East African communities. Despite facing challenging times, the organization has persevered, with its bread sales doubling and its One Bread Project serving an increased number of students daily. The Women's Bakery employs 48 women, primarily from East Africa, and offers various support services, such as mental health counseling, financial literacy lessons, and reproductive health training. The organization's team members also benefit from company health insurance, and 90% of women bakers report feeling confident in managing their finances. The Women's Bakery's commitment to its mission has resulted in significant growth, and it continues to make a positive impact in East African communities.
Official website here: www.womensbakery.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Women's Bakery Inc has received a Three-Star rating from Charity Navigator, which reflects a good standing in terms of accountability and financial health. With an Accountability & Finance Score of 77, the organization demonstrates solid management of its resources. Its Program Expense Ratio of 85.27% indicates that a significant majority of its funds are directed toward fulfilling its mission.
Strengths noted include a high Culture & Community Score of 95, suggesting strong community engagement and support. Additionally, the organization excels in leadership and adaptability, achieving a perfect score of 100 in this area. This suggests a well-prepared leadership team capable of responding to changing circumstances effectively.
However, while the overall performance is commendable, the lower Impact & Measurement Score of 78 indicates that there may be opportunities for improvement in evaluating the effectiveness of its programs. Balancing the financial aspects with robust impact measurement can help enhance overall transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Women's Bakery Inc legitimate?
The Women's Bakery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Women's Bakery 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: $122,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,811
For more financial information, click here
Official website here: www.womensbakery.com
What is the mission statement of The Women's Bakery Inc?
The Women's Bakery Inc is a social enterprise that empowers women and provides nutritious and affordable breads to East African communities. Its mission is to elevate women, recognizing their inherent power, and promote business as a tool for lasting, positive social impact. The organization has weathered challenges and grown despite adversities, doubling its bread sales in a challenging year and significantly expanding its school feeding program. The Women's Bakery employs a majority of East African women, offering them mental health counseling, financial literacy lessons, reproductive health training, and other educational resources. The company also provides health insurance benefits to its team members and their dependents, fostering a supportive work environment.
Official website here: www.womensbakery.com
Who is the CEO of The Women's Bakery Inc?
Jane Markey Culver is the Vice Chair of The Women's Bakery Inc. The CEO's salary of The Women's Bakery Inc is $120,000 and their total compensation is $122,300.
Official website here: www.womensbakery.com
What is the revenue of The Women's Bakery Inc?
The Women's Bakery Inc's revenue in 2022 was $1,119,861.
Official website here: www.womensbakery.com
Who are the executives of The Women's Bakery Inc and what are their salaries?
The average compensation at The Women's Bakery Inc during 2022 was $32,901. There are 9 employees and 9 volunteers at The Women's Bakery Inc.
Here are 7 key members and their salaries (The Women's Bakery Inc's CEO's salary is $120,000 and their total compensation is $122,300):
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- Compensation: $120,000
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- Other: $2,300
Official website here: www.womensbakery.com
Where can I find the form 990 for The Women's Bakery Inc?
The Women's Bakery Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.womensbakery.com
Learn more at the official website: www.womensbakery.com
Mission Statement of The Women's Bakery Inc
The Women's Bakery Inc, a social enterprise, is dedicated to empowering women and providing nutritious, affordable breads to East African communities. This organization serves as a beacon of hope, standing as a symbol of a world where women are uplifted for their inherent power, and business is utilized as a tool for lasting, positive social impact. The Women's Bakery has weathered numerous challenges, demonstrating resilience even during times of global business shutdowns. Despite the hardships, the bakery not only survived but thrived, with bread sales doubling in the past year and their One Bread Project, a school feeding program, serving an impressive 15,600 students daily in May of 2023.
At its core, The Women's Bakery is committed to empowering women. The bakery employed 48 women directly, with 46 of them being East African, and provided mental health counseling, financial literacy lessons, reproductive health training, and nutrition lessons to all team members. The organization also extended health insurance benefits to 139 dependents of its employees. The Women's Bakery's efforts to uplift women have yielded positive results, with 90% of women bakers reporting a strong understanding of financial management, specifically saving and budgeting. This mission of empowering women and providing affordable nutrition extends beyond the bakery's operations, making a tangible impact on the communities it serves.
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Impact
July, 2024
The Women's Bakery Inc has a significant impact on the lives of women in East Africa and the communities they serve. Through its social enterprise model, the bakery empowers women by providing employment opportunities and access to essential services like mental health counseling, financial literacy lessons, reproductive health training, and nutrition education. Additionally, all team members have access to company health insurance, benefitting their dependents as well.
The Women's Bakery Inc has not only weathered challenging times but has also thrived, doubling bread sales and expanding its donor-supported school feeding program to serve over 15,000 students daily. The bakery employs 48 women directly, providing them with a source of income and the necessary skills to support themselves and their families. Furthermore, 90% of women bakers reported feeling confident in their understanding of finances, particularly in saving and budgeting.
Overall, The Women's Bakery Inc is making a lasting, positive social impact by elevating women, promoting business as a tool for change, and fostering inclusive economic opportunities in East African communities.
This information is meant to be a general summary of The Women's Bakery 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 2022.
- Investment Income: $497
- Gross Receipts: $1,119,861
Assets and Liabilities:
- Total Assets: $584,199
- Total Liabilities: $3,464
- Net Assets: $580,735
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Organization Details
Founding Year
2015
Phone
(918) 289-1274Principal Officer
Jane Markey Culver
Main Address
1031 33RD ST 243, DENVER, CO, 80205
Website
www.womensbakery.comNTEE Category
Code: Q32 - International
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