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Rose Womens Foundation

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

EIN: 824390107 ✦ Potomac, MD ✦ Designated as a 501(c)(3)

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Overview

What is Rose Womens Foundation?

The Rose Women Foundation, based in Potomac, Maryland, is a nonprofit organization with a mission to uplift women living in extreme poverty. They accomplish this by employing a holistic approach, integrating entrepreneurship and spiritual growth. Through their micro-enterprise accelerator program, they offer business training, coaching, and financial aid to women entrepreneurs. In 2022, they formed local partnerships, providing valuable mentorship, training, and funding to numerous women. These initiatives enabled the expansion of their services to 10 new communities in Kenya, enabling 427 women to significantly boost their income levels. The organization's workforce comprises only two dedicated individuals.


Official website here: www.rosewomensfoundation.org

Is Rose Womens Foundation legitimate?

Rose Womens Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rose Womens Foundation 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: $94,142
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,666

For more financial information, click here


Official website here: www.rosewomensfoundation.org

What is the mission statement of Rose Womens Foundation?

The Rose Women's Foundation aims to empower women living in extreme poverty by leveraging the principles of the gospel and entrepreneurship. They accomplish this goal through a comprehensive micro-enterprise accelerator program, which includes business training, coaching, and access to financial resources for budding female entrepreneurs. In 2022, the foundation established local partnerships that offered valuable mentoring, training, and financing to support the growth of women-owned businesses, ultimately boosting their incomes. By expanding into ten new communities and lowering the cost of entry into the program, Rose Women's Foundation has broadened its reach and impact, helping more women in poverty to build sustainable businesses.


Official website here: www.rosewomensfoundation.org

Who is the CEO of Rose Womens Foundation?

Alexandra Amoroso is the Executive Director of Rose Womens Foundation.


Official website here: www.rosewomensfoundation.org

What is the revenue of Rose Womens Foundation?

Rose Womens Foundation's revenue in 2022 was $455,520.


Official website here: www.rosewomensfoundation.org

Who are the executives of Rose Womens Foundation and what are their salaries?

The average compensation at Rose Womens Foundation during 2022 was $60,404. There are 2 employees and 10 volunteers at Rose Womens Foundation.


Here are 7 key members and their salaries:


Alexandra Amoroso (Executive Director)
  • Compensation: $83,350
  • Related: $0
  • Other: $4,242
Douglas Gilbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Brunner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Smedley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernard Murira (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Barreth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rosewomensfoundation.org

Where can I find the form 990 for Rose Womens Foundation?

Rose Womens Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rosewomensfoundation.org

Learn more at the official website: www.rosewomensfoundation.org

Mission Statement of Rose Womens Foundation

The Rose Women's Foundation is committed to empowering women living in extreme poverty through the power of entrepreneurship and the teachings of the gospel. This nonprofit organization achieves this mission by providing a holistic micro-enterprise accelerator program, which includes business training, coaching, and access to capital for aspiring female entrepreneurs. In 2022, the foundation made significant strides by establishing local partnerships, offering mentoring, training, and financing to hundreds of women. As a result, these women experienced significant income increases, demonstrating the effectiveness of Rose Women's Foundation's approach. Furthermore, the foundation expanded its reach into ten new communities in Kenya and expanded its field team, aiming to make its programs more accessible and affordable for more women. The mission of Rose Women's Foundation is to empower women to break the cycle of poverty and create sustainable livelihoods for themselves and their families, all while being guided by their faith.

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Impact




October, 2024

Rose Womens Foundation has made a significant impact by empowering women in extreme poverty through a holistic approach that combines the gospel and entrepreneurship. In 2022, the foundation established local partnerships that played a crucial role in mentoring, training, and financing 427 women in Kenya. This initiative led to substantial increases in their incomes, demonstrating the effectiveness of targeted support.

The foundation expanded its reach to 10 new communities and enhanced its field team, which allowed for a reduction in the cost per entrepreneur to access its micro-enterprise accelerator program. Through comprehensive business training, coaching, and access to capital, Rose Womens Foundation is fostering sustainable economic growth and self-sufficiency among women entrepreneurs, transforming lives and communities.




This information is meant to be a general summary of Rose Womens Foundation. 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
$455,520 (2022)
Expenses
$423,082 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $455,520

Assets and Liabilities:

  • Total Assets: $283,800
  • Total Liabilities: $20,897
  • Net Assets: $262,903

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Organization Details

Founding Year

2018

Principal Officer

Alexandra Amoroso

Main Address

22 Sandalfoot Ct, Potomac, MD, 20854

NTEE Category

Code: Q33 - International

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