Charlotte Womans Club
- Assets
- $2.2m
- Revenue
- $111.8k
- Investments
- $2.1m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 11/1920
- Data as of
- 05/2024
- EIN
- 56-0485701
Organization Overview
Charlotte Womans Club is located in Raleigh, NC. The organization was established in 1920. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Womans Club 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 05/2024, Charlotte Womans Club generated $111.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $134.6k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charlotte Womans Club has awarded 226 individual grants totaling $567,022. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Harris President | 5 | $0 | |
Liz Garofalo Secretary | 1 | $0 | |
Robin Mclaurin Vice President | 5 | $0 | |
Elizabeth Hankins Co Vice President | 5 | $0 | |
Carrie Powers Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,209 |
| Dividends & Interest | $57,945 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,905 |
| Capital Gain Net Income | $48,905 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,767 |
| Total Revenue | $111,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,138 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,538 |
| Total operating and administrative expenses | $27,300 |
| Contributions, gifts, grants paid | $107,339 |
| Total expenses and disbursements | $134,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,427 |
| Savings and temporary cash investments | $50,160 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,148,333 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,204,920 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Charlotte Womans Club has awarded $107,339 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
CLASSROOM CENTRAL PURPOSE: GENERAL PURPOSES | $5,000 |
QUEENS UNIVERSITY OF CHARLOTTE PURPOSE: GENERAL PURPOSES | $5,000 |
CMPD CHRISTMAS PROJECT PURPOSE: GENERAL PURPOSES | $100 |
CHARLOTTE JUNIORS SHOE CLOSET PURPOSE: GENERAL PURPOSES | $700 |
CHARLOTTE MECKLENBURG POLICE FOUNDATION PURPOSE: GENERAL PURPOSES | $100 |
PHILLIPS ACADEMY PURPOSE: GENERAL PURPOSES | $3,650 |