My Sisters Charities
- Assets
- $328.0k
- Revenue
- $491.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Phoenix, AZ
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 46-4862709
Organization Overview
My Sisters Charities is located in Phoenix, AZ. The organization was established in 2014. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, My Sisters Charities employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Sisters Charities 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 12/2021, My Sisters Charities generated $491.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $280.9k during the year ending 12/2021. While expenses have increased by 16.0% per year over the past 7 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.
Since 2017, My Sisters Charities has awarded 24 individual grants totaling $1,478,689. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO MAKE GRANTS TO OTHER 501(C)(3) ORGANIZATIONS AND OPERATE A JOB TRAINING PROGRAM IN CONNECTION WITH RESIDENTS OR BENEFICIARIES OF OTHER 501(C)(3) ORGANIATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE GRANTS TO OTHER 501(C)(3) ORGANIZATIONS THAT PROMOTE CHARITABLE AND EDUCATIONAL ACTIVITIES.
OPERATE A JOB TRAINING PROGRAM AVAILABLE TO PERSONS WHO ARE CURRENTLY BEING SERVED BY OTHER CHARITABLE ORGANIZATIONS, MEANING THOSE WHO ARE HOMELESS, VICTIMS OF VIOLENCE OR OTHERWISE IN AN AT RISK OR INDIGENT POPULATION. THE TRAINING PROGRAM IS INTENDED TO PROVIDE NEW AND USEFUL SUBSTANTIVE ABILITIES TO THE TRAINEES IN AREAS TO MAKE THE TRAINEES MORE "JOB READY", WITH SUCH TRAINING TO INCLUDE BASIC COMPUTER KNOWLEDGE, RETAIL SALES SKILLS, CUSTOMER INTERACTION, RESUME WRITING, INTERVIEW SKILLS, AND OTHER AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Eichler Treasurer | OfficerTrustee | 1 | $0 |
Ann Siner President | OfficerTrustee | 3 | $0 |
Tess Loo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $488,511 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $491,838 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $280,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $174 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $250 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $280,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,717 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,759 |
| Total assets | $328,047 |
| Accounts payable and accrued expenses | $6,289 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,289 |
| Net assets without donor restrictions | $321,758 |
| 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 | $328,047 |
Grants Awarded
Over the last fiscal year, My Sisters Charities has awarded $264,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Phoenix, AZ | | $120,000 |
Phoenix, AZ | | $69,000 |
Phoenix, AZ | | $60,000 |
Dallas, TX | | $10,000 |
San Diego, CA | | $5,500 |