Funding Women. Changing Lives.

St. Paul, MN   |
GuideStar Charity Check


EIN: 36-3556481


Mary's Pence invests in women across the Americas by funding community initiatives and fostering collaborations to create social change. We envision a world where empowered women and their communities flourish in solidarity and justice. We fund women for social change through two programs: the ESPERA Community Lending program in Mexico and Central America; and the Mary's Pence Grants program in the United States. Together with our donors, we fund women's projects based on these social justice values: feminism, dignity, community and participation, rights and responsibilities, subsidiarity, preferential option for the poor, global solidarity, and care for earth.

Ruling year info


Executive Director

Katherine Wojtan

Main address

275 East 4th Street #642

St. Paul, MN 55101 USA

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Subject area info

Community organizing


Women's rights

Population served info

Women and girls

People with disabilities

NTEE code info

Women's Rights (R24)

Economic Development (S30)

Fund Raising and/or Fund Distribution (T12)

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?


The Mary’s Pence ESPERA program works to improve economic and social well-being of women. We partner with established grassroots women’s organizations in Mexico, Nicaragua, Guatemala, Honduras, El Salvador, and Haiti to create locally owned community lending pools, providing women access to financial resources and supporting the development of business skills. Our approach is community-based. We work to support and strengthen our partner groups so that women have strong connections, support, and voice in their communities. We believe these are the building blocks to women’s economic autonomy and empowerment.

The ESPERA lending pool is collectively owned and managed by the women in the community. With the support of local staff, the women make decisions about how the money will be managed including loan criteria, amounts, and re-payment periods. The loans are used to start or invest in income-generating businesses. Mary’s Pence staff focuses specifically on developing business skills, including planning, administration and marketing skills.

The ESPERA program is about creating a good life for all, where everyone has the opportunity to achieve their potential and have their needs met.

Population(s) Served
Women and girls

Funding is provided to grassroots organizations that are:

•Women led - for the benefit of women and their families
•Community centered – emerging from a need identified within the community, and collaboratively developed by members of the community, flexible enough to meet new, changing or emerging needs.
•Focused on social justice values – the values of human dignity, the common good, the right to economic security and dignified work, care for the earth, participation, subsidiarity (decisions are made at the most local level possible and involve those most impacted) and nonviolence.
•Working for long term sustainable social change - addressing underlying causes of injustice by:
oShifting public opinion about justice issues,
oForming alliances and collaborations across diverse populations,
oCreating change in unjust structure or policies, or
oBuilding capacity by building skills – leadership, organizing or other skills.

Population(s) Served
Women and girls

Where we work

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990


Average of 15.18 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990


Average of 5.2 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990


Average of 13% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990


Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data


Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data


Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of MARYS PENCE’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $107,078 -$141,864 -$113,376 $131,090 $123,742
As % of expenses 20.9% -21.2% -17.2% 20.8% 18.5%
Unrestricted surplus (deficit) after depreciation $100,998 -$148,498 -$120,009 $130,538 $123,742
As % of expenses 19.5% -21.9% -18.1% 20.7% 18.5%
Revenue composition info
Total revenue (unrestricted & restricted) $655,987 $502,092 $527,114 $761,358 $845,268
Total revenue, % change over prior year 9.8% -23.5% 5.0% 44.4% 11.0%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 2.1% 2.6% 2.1% 1.3% 0.9%
Government grants 0.0% 0.0% 0.0% 6.4% 0.0%
All other grants and contributions 91.7% 97.2% 97.7% 82.6% 99.1%
Other revenue 6.2% 0.1% 0.2% 9.6% 0.0%
Expense composition info
Total expenses before depreciation $512,296 $670,035 $657,841 $629,788 $670,423
Total expenses, % change over prior year 4.2% 30.8% -1.8% -4.3% 6.5%
Personnel 38.8% 36.2% 38.4% 41.3% 41.6%
Professional fees 16.5% 17.1% 17.6% 16.8% 16.8%
Occupancy 2.2% 1.8% 4.0% 4.2% 3.6%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 21.7% 19.4% 21.4% 26.4% 23.9%
All other expenses 20.7% 25.5% 18.7% 11.3% 14.2%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $518,376 $676,669 $664,474 $630,340 $670,423
One month of savings $42,691 $55,836 $54,820 $52,482 $55,869
Debt principal payment $0 $0 $0 $49,100 $0
Fixed asset additions $7,960 $0 $0 $0 $0
Total full costs (estimated) $569,027 $732,505 $719,294 $731,922 $726,292

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 6.4 1.5 2.7 2.8 5.5
Months of cash and investments 18.6 11.5 10.7 12.8 14.2
Months of estimated liquid unrestricted net assets 18.1 11.3 9.4 12.3 13.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $271,454 $84,124 $147,810 $145,441 $307,436
Investments $522,328 $559,063 $440,295 $527,027 $486,316
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $19,900 $19,900 $19,900 $19,900 $19,900
Accumulated depreciation (as a % of LBE) 30.6% 63.9% 97.2% 100.0% 100.0%
Liabilities (as a % of assets) 4.6% 5.4% 15.4% 6.5% 6.3%
Unrestricted net assets $785,468 $636,970 $516,961 $647,499 $771,241
Temporarily restricted net assets $5,143 $0 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $5,143 $0 $0 $0 $0
Total net assets $790,611 $636,970 $516,961 $647,499 $771,241

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No


The people, governance practices, and partners that make the organization tick.

Form 1023/1024 is not available for this organization

Executive Director

Katherine Wojtan

Katherine's background includes experience in strategic planning, project management and training/facilitation, mostly in a corporate setting. She has facilitated retreats on nonviolence, was a founding member of Conversation with Other (cross conflict facilitation), has volunteered for Nonviolent Peaceforce, and served as a core team member founding the Minnesota Peace Team which was created to provide a nonpartisan presence during the Republic National Convention.

Number of employees

Source: IRS Form 990


Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.


Board of directors
as of 07/26/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Carol Fendt

Carol Fendt

Mariana Amescua

Amanda Steepleton

Meg Olson

Jadea Washington

Laura Hoyos

Mary Lim-Lampe

Mary Zerjav

Neda Renee Kellogg

Natasha Piñeiros

Nancy Silva

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 7/26/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity


Sexual orientation


We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 01/21/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.