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Sisterhood For Good Inc

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

EIN: 832044782 ✦ Lakewood ranch, FL ✦ Designated as a 501(c)(3)

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Overview

What is Sisterhood For Good Inc?

Sisterhood For Good Inc is a women-centric nonprofit organization situated in Lakewood Ranch, Florida. The organization operates primarily through volunteer membership dues and proceeds from two annual events. Their mission is to support causes related to women and children's issues, animal welfare, arts and education, health and safety, and hunger and homelessness. To achieve this, they raise funds and distribute grants to eligible charities, with grant amounts ranging from $1,250 to $5,000. The organization's expenses are kept minimal through strategic expense underwriting.


Official website here: www.sisterhoodforgood.org

Is Sisterhood For Good Inc legitimate?

Sisterhood For Good Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sisterhood For Good 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sisterhoodforgood.org

What is the mission statement of Sisterhood For Good Inc?

Sisterhood for Good Inc is a woman-exclusive giving circle committed to supporting causes related to women and children, animal welfare, arts and education, health and safety, and hunger and homelessness. They accomplish this by raising funds through membership dues and special events. The organization awards grants to eligible charities, with grant amounts ranging between $1,250 and $5,000. Their annual program is funded primarily by member dues and proceeds from two annual events, with expenses minimized through underwriting support.


Official website here: www.sisterhoodforgood.org

Who is the CEO of Sisterhood For Good Inc?

Angela Massaro-Fain is the President of Sisterhood For Good Inc.


Official website here: www.sisterhoodforgood.org

What is the revenue of Sisterhood For Good Inc?

Sisterhood For Good Inc's revenue in 2022 was $160,204.


Official website here: www.sisterhoodforgood.org

Who are the executives of Sisterhood For Good Inc and what are their salaries?


Here are 4 key members and their salaries:


Angela Massaro-Fain (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Stern (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Modisett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Braithwaite (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sisterhoodforgood.org

Where can I find the form 990 for Sisterhood For Good Inc?

Sisterhood For Good Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sisterhoodforgood.org

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

Mission Statement of Sisterhood For Good Inc

Sisterhood for Good Inc, a woman-only giving circle, is dedicated to making a positive impact in various sectors. Their focus is primarily on issues related to women and children, animal welfare, arts and education, health and safety, and addressing hunger and homelessness. The organization achieves this mission by raising funds through membership dues and special events. The annual program is largely self-funded, with monies coming from the membership fees and profits generated from two events held annually. The events are meticulously organized, with expenses kept to a minimum through underwriting of most costs. The primary purpose of Sisterhood for Good Inc is reflected in their grant-making activities, where they distribute funds ranging from $1,250 to $5,000 to 25 separate charities that align with their mission.

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Impact




October, 2024

Sisterhood For Good Inc significantly impacts the community by providing grants to 25 different charities that align with their mission areas. Through the collective contributions of its members, funded primarily by membership dues and fundraising events, Sisterhood For Good supports various initiatives that enhance human services in the region.

One of its major fundraising events, the Gatsby fundraiser, exemplifies their commitment to community support. By combining entertainment and decor expenses with the goal of maximizing net proceeds, they ensure that a substantial portion of raised funds is directed towards grants and operational costs. This concerted effort not only fosters a spirit of collaboration among women but also amplifies the support provided to local charities, creating a ripple effect of positive change in Lakewood Ranch and beyond.




This information is meant to be a general summary of Sisterhood For Good 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.

Revenue
$160,204 (2022)
Expenses
$87,275 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $175
  • Gross Receipts: $209,663

Assets and Liabilities:

  • Total Assets: $164,546
  • Total Liabilities: $3,651
  • Net Assets: $160,895

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Organization Details

Founding Year

2018

Principal Officer

Angela Massaro-Fain

Main Address

8374 Market Street APT 181, Lakewood Ranch, FL, 34202

NTEE Category

Code: P01 - Human services

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