Sowhope Org EIN 14-1946849 Form 990 (PDF) Claim this org

Sowhope Org FY2023 filing

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Promotes wellness, education, and economic opportunities to inspire women globally. For fiscal year 2023 it reported $479K in revenue, $667K in expenses, and $450K in net assets.Pt I

Founded
2006
Type
Public charity (501(c)(3)) · Human Services
Location
Rockford, MI
Website
www.sowhope.org
Filings
6 on file (2020–2023)
Revenue
$479KFY2023
Expenses
$667K
Net assets
$450K
People
14
Filings
6
Updates
0
More identity details & actions ⌄
EIN  14-1946849 Public charity (501(c)(3)) Rockford, MI Founded 2006
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Promotes wellness, education, and economic opportunities to inspire women globally.
Leadership
Mary Dailey Brown · Corp President and CEO · $85K
Money in and out
$479K revenue, $667K expenses
Bottom line
90% program efficiency
Where the money goes · FY2023
Total revenue
$479K
Pt VIII · Ln 12
Total expenses
$667K
Pt IX · Ln 25
Net assets
$450K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$187K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.06 Fundraising $0.04
Program efficiency
90%
of spending reaches programs
Operating runway
8.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-39%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$479K
FY2023▼ -16%
Expenses
$667K
FY2023▲ +12%
Total assets
$477K
FY2023▼ -27%
Total liabilities
$27K
FY2023▲ +87%
Total revenue
$479K
Pt VIII · Ln 12
Total expenses
$667K
Pt IX · Ln 25
Net assets
$450K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$187K
Total assetsPt X · Ln 16$477K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSowhope Org
EINHdr · item D14-1946849
Principal addressHdr · item CRockford, MI
WebsiteHdr · item Jwww.sowhope.org
Year of formationHdr · item L2006
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P80)
Ruling yearIRS BMFOct 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Corp President and CEO
$85,000Pt VII · Sec A
Corp Treasurer
$5,720Pt VII · Sec A
Board Chairperson
$0Pt VII · Sec A
Board Vice Chair - Corp Vice President
$0Pt VII · Sec A
Board & Corp Secretary
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Mary Dailey Brown’s $103K as Corp President and CEO is at the 88th percentile of top reported officer pay among 2164 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mary Dailey Brown$103,335$85,000$85,000$85,000
Mary Dailey Brown$81,849
Mary D Brown$52,800
David Crawford$5,720$5,720$5,200
David Crawford$5,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $602K of program spending, described in the organization's own filed words · FY2023.
01

The Economic Program serves to provide economic empowerment thorough microfinance and small business training. 2,333 women were serve through the SowHope Economic Program in 2023 including funding 21 projects in 10 developing nations.

$349Kprogram expense
02

The Education Program serves the Literacy needs of illiterate women. Additionally, we funded vocational and technical training. 782 women were served through the SowHope Education Program of 2023. This includes 10 projects in 7 developing nations.

$137Kprogram expense
03

The Wellness Program serves the physical and emotional needs of women whose health is at risk. 5,842 women were impacted through 6 projects in 5 developing countries. the projects in 2023 included maternal healthcare, AIDS care and prevention, fistula repair, cataract surgery, escape and recovery from forced prostitution, rape, armed…

$117Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$476K · 99%
Investment income$4K · 1%
Contributions & grants99%$476K
Investment income1%$4K
Total revenueLn 12$479K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.06 Fundraising $0.04
Program services90%$602K
Management & general6%$38K
Fundraising4%$27K
Total functional expensesLn 25$667K

Balance Sheet

Part X · end of year
CashLn 1$475K
Total assetsLn 16$477K
Total liabilitiesLn 26$27K
Total net assetsLn 32$450K
Months of cash on handcomputed8.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $475K · Operating expenses (Pt IX) $667K · Less non-cash grants $7K · Cash operating expenses/yr $660K
8.6 months
Where the money goes
Program services
Program services $602K · Total expenses $667K
90%
Management & General
Management & general $38K · Total expenses $667K
6%
Fundraising
Fundraising $27K · Total expenses $667K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $26K · Solicited contributions (3-yr avg) $523K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $476K · Total revenue $479K
99%
Government reliance
Government grants $0 · Total revenue $479K
0%
Earned-income share
Program service revenue $0 · Total revenue $479K
0%
Investment reliance
Investment income $4K · Total revenue $479K
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $667K
0%
Growth & trend
Revenue growth (YoY)
This year $479K · Prior year $574K
-16%
Net-asset trend (YoY)
End of year $450K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $479K · Expenses $667K
-39%
Liabilities-to-Assets
Total liabilities — · Total assets $477K
Net-asset ratio
Net assets $450K · Total assets $477K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $477K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mary Dailey Brown · Reported title Corp President and CEO · Highest reported compensation $85K · Total expenses $667K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $149K · Total expenses $667K
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 6%
Fundraising cost ratio 6%
Revenue growth -16%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 16 grants · $360K · 2020–2025
Harvest BridgePA · FY2025$36,019
Hagar USA INCNC · FY2025$28,111
Support Education WorldwideWA · FY2025$24,000
Hagar USA INCNC · FY2024$17,680
Harvest BridgePA · FY2024$5,500
Harvest BridgePA · FY2023$51,500
Hagar USA INCNC · FY2023$16,284
Harvest BridgePA · FY2022$39,173
Hagar USA INCNC · FY2022$16,000
Hagar USA INCNC · FY2021$20,000
Project CureCO · FY2021$17,125
Harvest BridgePA · FY2020$17,112
Project CureCO · FY2020$12,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$624K revenue · ⤓ 990 PDF
FY2024$564K revenue · ⤓ 990 PDF
FY2023$479K revenue · viewing · ⤓ 990 PDF
FY2022$574K revenue · ⤓ 990 PDF
FY2021$550K revenue · ⤓ 990 PDF
FY2020$463K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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