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Category: Youth Development

WOMEN OF TOMORROW MENTOR AND SCHOLARSHIP PROGRAM INC

 

Miami, FL

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WOMEN OF TOMORROW MENTOR AND SCHOLARSHIP PROGRAM INC

Physical Address:
Miami, FL 33131 
EIN:
65-0862995
Web URL:
www.womenoftomorrow.org
Leadership:
Jennifer Valoppi
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Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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Fiscal Year Starting: Aug 01, 2010
Fiscal Year Ending: Jul 31, 2011
Revenue
Total Revenue $1,361,951
Expenses
Total Expenses $764,034

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  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
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  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.





Basic Organization Information

WOMEN OF TOMORROW MENTOR AND SCHOLARSHIP PROGRAM INC

Physical Address:
Miami, FL 33131 
EIN:
65-0862995
Web URL:
www.womenoftomorrow.org 
NTEE Category:
O Youth Development 
O30 Adult, Child Matching Programs 
O Youth Development 
O50 Youth Development Programs 
None 
Year Founded:
1998 
Ruling Year:
1999 

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Mission Statement

<p>To inspire, motivate and empower at-risk young women to live up to their full potential through a unique&nbsp;mentoring&nbsp;program with&nbsp;highly accomplished professional women and scholarship opportunities.</p>

Expert Assessment

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Impact Summary from the Nonprofit

WOT mentees have&nbsp;a 92% high school graduation rate and a 1% drop out rate.&nbsp;WOT mentees demonstrate&nbsp;a statistically significant increase in their grades each year they are in the program.&nbsp;Of WOT graduates, 91%&nbsp;have enrolled in&nbsp;higher education&nbsp;and 8%&nbsp;plan to enroll in the near future.

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Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Revenue and Expenses

Revenue and Expense data from Forms 990 for 2011, 2010, 2009, 2008, 2006 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart


Balance Sheet

Balance Sheet data from Forms 990 for Year 2011, 2010, 2009, 2008, 2006 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit

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Financial Statements

Audited Financial Statement is not available for this organization.


Annual Reports

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Leadership

Jennifer Valoppi


Board Chair

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Board of Directors

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Officers for Fiscal Year

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Highest Paid Employees & Their Compensation

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Program: Scholarship Component

Budget:
$75,678
Category:
Youth Development
Population Served:
Female Youth/Adolescents (14 - 19 years)

Program Description:

SCHOLARSHIPS FOR TUITION, BOOKS AND SUPPLIES FOR YOUNG WOMEN IN THE PROGRAM.

Program Long-Term Success:

In 2010, WOT interviewed 320 mentees who graduated between 2003-2009. Findings include that 99% have either attended higher education (91%) or plan to attend higher education in the near future (8%) along with anecdotal evidence of increased self esteem, confidence, improved interpersonal relationships through communication and conflict resolution; maintaining a healthy lifestyle and avoiding risk behaviors including avoiding drugs, alcohol and smoking as well practicing abstinence, healthy eating habits and regular health care; increased knowledge of personal finances. 97% indicated WOT had a significant positive impact on their life.

Program Short-Term Success:

WOT has been awarding scholarships since 2000, averaging $395,999 in annual awards over the past five years.&nbsp;&nbsp; Approximately 78% of applicants receive some type of award, which range from $250 to $5,000 cash to full-tuition and include scholarships given through universities, colleges, and various programs.&nbsp;&nbsp;

Program Success Monitored by:

<div>WOT monitors program success of scholarships through tracking applications and recipients and following up with graduates and scholarship recipients to collect information on the educational attainment and life circumstances.</div>

Program Success Examples:

In 2010 WOT surveyed (phone call interviews with WOT graduates) 320 completers between 2003-2009.&nbsp; Findings include that 99% of WOT graduates have either attended higher education (91%) or plan to attend higher education in the near future (8%) along with anecdotal evidence of increased self esteem, confidence, improved interpersonal relationships&nbsp;through communication and conflict resolution; maintaining a healthy lifestyle and avoiding risk behaviors including avoiding drugs, alcohol and smoking as well practicing abstinence, healthy eating habits and regular health care; increased knowledge of personal finances.&nbsp;97% indicated WOT had a significant positive impact on their life. Of those who recently graduated from college (17% - the others are still in school) 76% are currently employed (48% in professional level jobs with 26% in entry level or administrative jobs), 15% are transitioning to further education, 7% are recent graduates seeking employment and 2% are unemployed and not seeking employment.

Program: Mentoring Component

Budget:
$221,745
Category:
Youth Development
Population Served:
Female Youth/Adolescents (14 - 19 years)

Program Description:

IMPLEMENTING MENTORING PROGRAMS FOR YOUNG WOMEN IN THE PROGRAM. WOMEN OF TOMORROW CURRENTLY OPERATES IN 98 PUBLIC HIGH SCHOOLS IN SOUTH FLORIDA SERVING OVER 2,000 AT-RISK YOUNG WOMEN WITH ITS 250 HIGHLY ACCOMPLISHED PROFESSIONAL WOMEN.

Program Long-Term Success:

&nbsp; Of 2009 WOT graduates, 92% graduated with a high school diploma (compared to 70% county-wide) and 1.00% dropped out (compared to 3.44% county-wide).&nbsp;WOT has averaged 19.7 points above the county-wide graduation rate and 3 points below the county-wide dropout rate over the last five years.&nbsp;

Program Short-Term Success:

Analysis of changes from year to year in WOT mentees&#8217; GPAs have shown statistically significant increases; in 2006 graduates the average GPA increased from 2.4 in 9<sup>th</sup> grade to 3.1 in 12<sup>th</sup> grade.&nbsp;

Program Success Monitored by:

<div>The core outcomes used to monitor WOT's&nbsp;mentoring&nbsp;program success are 1) higher than average high school graduation rates, 2) lower than average high school dropout rates, 3) statistically significant increases in academic success as shown by GPA increases and 4) a very high rate of entry to higher education.</div>

Program Success Examples:

WOT&#8217;s graduation rates have exceeded county-wide rates by an average of 19.7 points and its dropout rates have been an average of 3 points lower over the last five years.

Program: Career-Focused Field Trips & Specialized College Campus Visits

Budget:
$11,521
Category:
Youth Development
Population Served:
Female Youth/Adolescents (14 - 19 years)

Program Description:

CAREER FOCUSED FIELD TRIPS AND SPECIALIZED EDUCATIONAL COLLEGE CAMPUS VISITS FOR YOUNG WOMEN IN THE PROGRAM TO LEARN ABOUT CAREER OPPORTUNITIES.

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:




Evidence of Impact

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Organizational Strengths

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Areas for Improvement

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From the Nonprofit

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