Womens Bakery Inc

Organization Overview

Womens Bakery Inc is located in Denver, CO. The organization was established in 2015. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Womens Bakery Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Bakery 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 12/2021, Womens Bakery Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $976.8k during the year ending 12/2021. While expenses have increased by 28.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE WOMEN'S BAKERY IS A SOCIAL ENTERPRISE THAT EMPOWERS WOMEN AND BUILDS BAKERIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHALLENGING AND IMPRESSIVE. THESE TWO WORDS ENCAPSULATE THE YEAR 2021 FOR THE WOMEN'S BAKERY. DESPITE PANDEMIC-RELATED RESTRICTIONS, CURFEWS, SCHOOL CLOSURES, AND RAW MATERIALS SHORTAGES, OUR BAKERIES SMASHED SALES RECORDS AGAIN. IN 2021, OUR BAKERIES SOLD 1,480,000 BREAD UNITS, A 120% INCREASE FROM 2020! HUNDREDS OF THOUSANDS OF PEOPLE HAD ACCESS TO NUTRITIOUS BREADS IN A TIME WHEN NUTRITIOUS, AFFORDABLE BREAD WAS NEEDED THE MOST. OUR MISSION: THE WOMEN'S BAKERY IS A SOCIAL ENTERPRISE THAT EMPOWERS WOMEN AND CREATES ACCESS TO NUTRITIOUS, AFFORDABLE BREADS IN EAST AFRICA. WE ARE LIVING OUR MISSION. THERE IS NOTHING WOMEN CANNOT DO. TWB'S SCHOOL FEEDING PROGRAM, THE ONE BREAD PROJECT, PROVIDED DISCOUNTED NUTRITIOUS BREAD TO 6,000+ STUDENTS AT SCHOOL EVERY DAY, UP FROM 3,000 STUDENTS IN 2020. TWB EMPLOYED 50 WOMEN DIRECTLY, 46 OF WHOM ARE EAST AFRICAN, ACROSS THREE BAKERIES IN RWANDA. ALL TWB TEAM MEMBERS HAVE ACCESS TO MENTAL HEALTH COUNSELING, FINANCIAL LITERACY LESSONS, REPRODUCTIVE HEALTH TRAINING, NUTRITION LESSONS, AND MORE. ALL TEAM MEMBERS HAVE COMPANY HEALTH INSURANCE, BENEFITING 139 DEPENDENTS. 80% OF WOMEN BAKERS REPORTED FEELING CONFIDENT IN THEIR BASIC UNDERSTANDING OF FINANCES, SPECIFICALLY SAVING AND BUDGETING. AS WE CELEBRATE OUR GROWTH, WE LOOK AHEAD TO MORE EXCITING GROWTH HAPPENING IN 2022 AND BEYOND. WE ARE WORKING TO OPEN A FOURTH BAKERY AND WE HAVE EMBARKED ON A NEW REVENUE ENDEAVOR: MICRO-FRANCHISING. THROUGH THE MICRO-FRANCHISE PROGRAM, TWB WILL SUPPORT FEMALE MICRO-FRANCHISEES TO LAUNCH HER OWN BUSINESS. TWB WILL SELL BREAD TO A FEMALE MICRO-FRANCHISEE AT WHOLESALE PRICES, WHO WILL THEN SELL THE BREAD TO HER OWN CUSTOMERS. OUR BELIEF THAT A BAKERY CAN EMPOWER WOMEN AND SUSTAIN ITSELF THROUGH THE SALE OF AFFORDABLE, NUTRITIOUS BREADS IS TAKING FLIGHT!


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Board, Officers & Key Employees

Name (title)Compensation
Jane Markey Culver
CEO
$62,164
Marla Rosner
Secretary
$0
Emma Karanja
Visa Chair
$0
Annette Mccall
Board Director
$0
Leslie Pesante
Treasurer
$0
Sherry Manning
Board Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $41,135
All other contributions, gifts, grants, and similar amounts not included above$1,024,770
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,065,905
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $46
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 $1,065,951

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Womens Bakery Inc has recieved totaling $135,900.

Awarding OrganizationAmount
Abbott Fund

Abbott Park, IL

PURPOSE: ONE BREAD PROJECT AND UGHE BAKERY BUILD IN RWANDA

$94,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS

$21,900
Impactassets Inc

Bethesda, MD

PURPOSE: GENERAL SUPPORT

$10,000
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
View Grant Recipient Profile

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