Womanspace Inc
- Assets
- $527.0k
- Revenue
- $328.2k
- Investments
- $0.0
- Employees
- 7
- Location
- Rockford, IL
- Founding
- 08/1978
- Data as of
- 08/2023
- EIN
- 36-2947741
Organization Overview
Womanspace Inc is located in Rockford, IL. The organization was established in 1978. According to its NTEE Classification (P83) the organization is classified as: Women's Centers, under the broad grouping of Human Services and related organizations. As of 08/2023, Womanspace Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womanspace Inc 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 08/2023, Womanspace Inc generated $328.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $364.2k during the year ending 08/2023. While expenses have increased by 3.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONNECTING, EMPOWERING, CREATING, AND TRANSFORMING OUR WORLD ONE WOMAN AT A TIME BY OFFERING PROGRAMMING THAT STIMULATES AWARENESS, DEVELOPS COMPETENCY, ENCOURAGES CREATIVITY, AND GENERATES HEALTHY DECISION-MAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SEMINARS, WORKSHOPS AND CLASSES FOR ADULTS, CHILDREN, AND THE ELDERLY, PROVIDING INSTRUCTORS AND DIRECTION FOR OVER 2800 STUDENTS/CLIENTS; MEMBER AND COMMUNITY REFERRALS TO PSYCHOLOGICAL, FINANCIAL, AND EDUCATIONAL PROFESSIONALS; MAINTENANCE OF A 3000 VOLUME LIBRARY FOR USE BY MEMBERS; AND DIRECT ASSISTANCE TO ECONOMICALLY DISADVANTAGED INDIVIDUALS THROUGH CLASS TUITION ASSISTANCE, FREE PERSONAL AND VOCATIONAL COUNSELING, AND FOOD ASSISTANCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Hirschenberger Executive Di | OfficerTrustee | 40 | $46,080 |
Catherine Forslund Vice Preside | OfficerTrustee | 4 | $0 |
Laura Gorton Director | Trustee | 4 | $0 |
Tina Hallberg Director | Trustee | 4 | $0 |
Marsha Hosfeld President | OfficerTrustee | 4 | $0 |
Cristi Hopp Kniess Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $20,137 |
| Fundraising events | $15,264 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,352 |
| Noncash contributions included in lines 1a–1f | $6,939 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,753 |
| Total Program Service Revenue | $164,891 |
| Investment income | $2,926 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,458 |
| Net Gain/Loss on Asset Sales | $250 |
| Net Income from Fundraising Events | $14,120 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $328,246 |
| 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. | $48,576 |
| Compensation of current officers, directors, key employees. | $14,573 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $125,146 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,186 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,547 |
| Advertising and promotion | $5,858 |
| Office expenses | $29,746 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,631 |
| Travel | $1,304 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,105 |
| Insurance | $4,948 |
| All other expenses | $906 |
| Total functional expenses | $364,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,775 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $969 |
| Net Land, buildings, and equipment | $262,353 |
| Investments—publicly traded securities | $112,315 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,550 |
| Total assets | $526,962 |
| Accounts payable and accrued expenses | $13,798 |
| Grants payable | $0 |
| Deferred revenue | $1,803 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,601 |
| Net assets without donor restrictions | $361,057 |
| Net assets with donor restrictions | $150,304 |
| 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 | $526,962 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Life Unlimited Inc North Kansas City, MO | $17,611,100 | $20,875,349 |
The Catherine Mcauley Center Inc Cedar Rapids, IA | $7,760,634 | $6,406,173 |
Survivor Empowerment Center Inc Carbondale, IL | $3,695,945 | $2,742,368 |
House Of The Good Shepherd Chicago, IL | $1,754,231 | $1,069,676 |
Young Womens Resource Center Des Moines, IA | $2,711,141 | $1,366,058 |
Corporation For Social And Educational Development Chicago, IL | $5,005,712 | $909,126 |
Stepping Stone Shelter For Women Incorporated Michigan City, IN | $1,230,656 | $520,208 |
Womanspace Inc Rockford, IL | $526,962 | $328,246 |
Hagar House Incorporated Wausau, WI | $1,331,551 | $678,009 |
Church Women United Joliet, IL | $2,322,493 | $94,486 |
Elijah Haven Crisis Intervention Center Inc Lagrange, IN | $65,797 | $210,453 |
Sojourn House Stinesville, IN | $448,893 | $0 |
Women Aware Sioux City, IA | $169,902 | $95,748 |
Naperville Womans Club Naperville, IL | $224,094 | $0 |
Love Purse Inc Riverside, IL | $92,429 | $0 |
Women For Women Inc Louisville, KY | $198,826 | $7,082 |
Houchens-Eloise B Houchens Center For Women Inc Tr Milwaukee, WI | $247,301 | -$1,177 |