Wyoming Womens Business Center
- Assets
- $937.4k
- Revenue
- $712.1k
- Investments
- $0.0
- Employees
- 16
- Location
- Laramie, WY
- Founding
- 03/2007
- Data as of
- 09/2021
- EIN
- 20-5440821
Organization Overview
Wyoming Womens Business Center is located in Laramie, WY. The organization was established in 2007. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Wyoming Womens Business Center employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyoming Womens Business Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Wyoming Womens Business Center generated $712.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $790.4k during the year ending 09/2021. While expenses have increased by 3.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE WYOMING WOMENS BUSINESS CENTER STRIVES TO ADVANCE SELF-SUFFICIENCY BY PROMOTING ECONOMIC JUSTICE AND EQUALITY THROUGHOUT WYOMING. TO ACHIEVE THE MISSION, THE WWBC PROVIDES SERVICES THAT FOSTER THE CREATION AND EXPANSION OF SMALL BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NETWORKING AND TRAINING PROGRAM HOSTS ROUNDTABLES THROUGHOUT THE STATE PROVIDING TRAINING AND NETWORKING OPPORTUNITIES FOR SMALL BUSINESS OWNERS AND MENTORING FOR UP AND COMING BUSINESS OWNERS. THIS PROGRAM ALSO OFFERS ONLINE TRAINING COURSES FOR PROGRAMS SUCH AS QUICKBOOKS, MICROSOFT OFFICE AND OTHER BUSINESS SOFTWARE, ALL OF WHICH ARE AVAILABLE ON THE WWBC WEBSITE.
THE WORKS OF WYOMING PROGRAM PROVIDES NETWORKING, TRAINING, WORKSHOPS, AND ART COMMUNITY BUILDING AND MARKETING OPPORTUNITES TO WYOMING ARTISTS.
THE ACCESS TO CAPITAL PROGRAM GIVES ACCESS TO CAPITAL THROUGH MICROLENDING AND MATCHED SAVINGS ACCOUNTS TO PARTICIPANTS WHO ARE UNABLE TO SECURE CAPITAL FROM TRADITIONAL SOURCES. THIS PROGRAM INCLUDES TECHNICAL ASSISTANCE, MENTORING AND TRAINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Gorski Executive Director Former | Officer | 40 | $69,350 |
Wendy Fanning Executive Director | Officer | 40 | $14,514 |
Ryan Claxton Board Member | OfficerTrustee | 1 | $0 |
Victoria Curtis Board Treasurer | OfficerTrustee | 1 | $0 |
Talisha Mottinger Board President | OfficerTrustee | 1 | $0 |
Daniel Sisson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $579,514 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,240 |
| Noncash contributions included in lines 1a–1f | $4,240 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $583,754 |
| Total Program Service Revenue | $127,851 |
| Investment income | $206 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $712,073 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,464 |
| Compensation of current officers, directors, key employees. | $46,425 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $348,209 |
| Pension plan accruals and contributions | $12,714 |
| Other employee benefits | $0 |
| Payroll taxes | $49,828 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,904 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133,961 |
| Advertising and promotion | $2,885 |
| Office expenses | $18,987 |
| Information technology | $22,976 |
| Royalties | $0 |
| Occupancy | $50,986 |
| Travel | $5,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $140 |
| Interest | $10,528 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $966 |
| Insurance | $9,481 |
| All other expenses | $0 |
| Total functional expenses | $790,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $518,416 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $416,760 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,246 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $937,422 |
| Accounts payable and accrued expenses | $113,173 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $15,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $542,063 |
| Other liabilities | $10,042 |
| Total liabilities | $680,278 |
| Net assets without donor restrictions | $257,144 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $937,422 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wyoming Womens Business Center has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Daniels Fund Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Camelback Ventures Inc Garden City, ID | $16,707,228 | $5,830,113 |
Great Fls Development Authority Inc Great Falls, MT | $19,433,536 | $5,045,202 |
Lakota Fund Kyle, SD | $17,004,625 | $4,059,450 |
Foundation For Black Entrepreneurship Denver, CO | $394,455 | $1,255,984 |
Custer County Foundation Inc Broken Bow, NE | $7,035,087 | $2,062,629 |
Montana Business Assistance Connection Inc Helena, MT | $11,964,243 | $1,416,863 |
Northeast South Dakota Economic Corporation Sisseton, SD | $28,795,164 | $2,763,514 |
Exponential Impact Colorado Springs, CO | $3,022,764 | $1,129,971 |
Civico Denver, CO | $298,946 | $905,043 |
Wyoming Womens Business Center Laramie, WY | $937,422 | $712,073 |
East-Central Idaho Development Company Rexburg, ID | $3,332,671 | $702,206 |
First District Development Company Watertown, SD | $3,325,748 | $430,953 |