Overview
What is Women's Money Mattersinc?
Women's Money Mattersinc is a nonprofit organization based in Boston, Massachusetts, specifically located at 6 Liberty Square 2697. Their primary mission is to empower low-income women by providing financial literacy programs. They achieve this by recruiting, training, and supporting coaches who mentor participants, offering workshops on essential money management skills, and supplying the necessary resources and materials. This year, they partnered with social service agencies in the Boston area to extend their financial literacy programming to a broader audience. With a team of 13 dedicated individuals, Women's Money Mattersinc strives to enhance financial wellness among women in Massachusetts.
Official website here: www.womensmoneymatters.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Stars
Women's Money Matters Inc. has earned a strong Four-Star rating from Charity Navigator, with a focus on Accountability & Finance, scoring 92. The organization demonstrates exceptional governance, featuring an entirely independent board and strong safeguards against asset diversion. However, a minor limitation is noted in the lack of a whistleblower policy, which is typically a standard best practice for transparency and ethics within nonprofits.
User feedback highlights the organization's critical role in empowering low-income women and girls through education and mentorship. Participants commend the supportive atmosphere and the effectiveness of the 12-week cohort programs, which include workshops and one-on-one coaching. Many reviews reflect positive transformations in financial literacy, confidence, and overall financial management, showcasing the substantial impact Women's Money Matters has on the lives of its clients.
Despite its strong performance, some feedback suggests areas for improvement, such as enhancing the visibility of certain policies. Nevertheless, the overwhelming sentiment among users is gratitude for the valuable resources and community support provided by Women's Money Matters, making it a highly recommended organization for those seeking financial empowerment.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Women's Money Mattersinc legitimate?
Women's Money Mattersinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women's Money Mattersinc 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: $111,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $397,139
For more financial information, click here
Official website here: www.womensmoneymatters.org
What is the mission statement of Women's Money Mattersinc?
Women's Money Mattersinc, as an organization, empowers women with low incomes through financial literacy. Their comprehensive programming combines one-on-one coaching with a series of workshops, aiming to develop essential money management skills and boost self-esteem. The organization recruits, trains, and supports coaches who mentor program participants. They also provide the presenters and materials for workshops on basic money management skills. This year, Women's Money Matters partnered with social service agencies in the Boston area to bring financial literacy programming to their clients.
Official website here: www.womensmoneymatters.org
Who is the CEO of Women's Money Mattersinc?
Danielle Piskadlo is the Chair of Women's Money Mattersinc.
Official website here: www.womensmoneymatters.org
What is the revenue of Women's Money Mattersinc?
Women's Money Mattersinc's revenue in 2022 was $1,082,743.
Official website here: www.womensmoneymatters.org
Who are the executives of Women's Money Mattersinc and what are their salaries?
The average compensation at Women's Money Mattersinc during 2022 was $39,105. There are 13 employees and 190 volunteers at Women's Money Mattersinc.
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- Compensation: $106,915
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- Other: $7,064
Official website here: www.womensmoneymatters.org
Where can I find the form 990 for Women's Money Mattersinc?
Women's Money Mattersinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.womensmoneymatters.org
Learn more at the official website: www.womensmoneymatters.org
Mission Statement of Women's Money Mattersinc
Women's Money Mattersinc, a nonprofit organization in Massachusetts, is committed to empowering low-income women through financial literacy. Their comprehensive programming combines one-on-one coaching with a series of workshops designed to develop essential money management skills and boost self-esteem. By recruiting, training, and supporting coaches, Women's Money Mattersinc mentors program participants, and provides the necessary presenters and materials for workshops focusing on fundamental money management skills. This fiscal year, Women's Money Mattersinc collaborated with social service agencies in the Boston area to extend their financial literacy programming to their clients.
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Impact
July, 2024
Women's Money Mattersinc empowers low-income women in Massachusetts through financial literacy programs. By providing one-on-one coaching and workshops on money management skills, this organization equips women with the tools and knowledge to improve their financial well-being. Through partnerships with social service agencies in the Boston area, Women's Money Mattersinc extends its reach to serve a broader community. Overall, the impact of Women's Money Mattersinc is evident in the increased financial empowerment and self-esteem of the women they support.
This information is meant to be a general summary of Women's Money Mattersinc. 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: $23,833
- Program Service Revenue: $39,500
- Gross Receipts: $1,082,817
Assets and Liabilities:
- Total Assets: $1,138,707
- Total Liabilities: $56,708
- Net Assets: $1,081,999
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING WORKSHOPS
Revenue
$39,500
Organization Details
Founding Year
2011
Phone
(617) 297-7376Principal Officer
Danielle Piskadlo
Main Address
6 LIBERTY SQUARE 2697, BOSTON, MA, 02109
Website
www.womensmoneymatters.orgNTEE Category
Code: P51 - Human services
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