Together We Bake EIN 47-2543526 Form 990 (PDF) Claim this org

Together We Bake FY2021 filing

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Trains women needing a second chance with job skills and confidence for self-sufficiency. For fiscal year 2021 it reported $965K in revenue, $636K in expenses, and $1.0M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Alexandria, VA
Website
new.togetherwebake.org
Filings
5 on file (2020–2021)
Revenue
$965KFY2021
Expenses
$636K
Net assets
$1.0M
People
22
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-2543526 Public charity (501(c)(3)) Alexandria, VA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Trains women needing a second chance with job skills and confidence for self-sufficiency.
Leadership
Tricia Sabatini · Chief Operations Director · $82K
Money in and out
$965K revenue, $636K expenses
Bottom line
85% program efficiency
Where the money goes · FY2021
Total revenue
$965K
Pt VIII · Ln 12
Total expenses
$636K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $330K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.08 Fundraising $0.07
Program efficiency
85%
of spending reaches programs
Operating runway
17.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+34%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$965K
FY2021▲ +23%
Expenses
$636K
FY2021▲ +6%
Total assets
$1.0M
FY2021▲ +34%
Total liabilities
$8K
FY2021▼ -90%
Total revenue
$965K
Pt VIII · Ln 12
Total expenses
$636K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$330K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

2 program services account for $1.1M of program spending, described in the organization's own filed words · FY2021.
01

Together We Bake is an empowerment-based workforce training program for women in need. The program is centered around a small baking business through which women actively learn and participate in food production, food safety education, and business administration.

$541Kprogram expense
02

Together We Bake is an empowerment-based workforce training program for women in need. The program is centered around a small baking business through which women actively learn and participate in food production, food safety education, and business administration.

$541Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTogether We Bake
EINHdr · item D47-2543526
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jnew.togetherwebake.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P50)
Ruling yearIRS BMFMar 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
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
Chief Operations Director
$82,256Pt VII · Sec A
Chief Operations Director
$82,256Pt VII · Sec A
Executive Director
$81,101Pt VII · Sec A
Executive Director
$81,101Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Stephanie Wright’s $109K as Past Executive Director is at the 44th percentile of top reported officer pay among 3864 $1–10M 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stephanie Wright$108,917$95,663$73,118$81,101$78,095
Tricia Sabatini$101,250$95,663$72,618$82,256$78,110
Tricia Allen$12,500

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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Statement of Revenue

Part VIII
Contributions & grants$863K · 89%
Other revenue$101K · 10%
Contributions & grants89%$863K
Other revenue10%$101K
Investment income$1K
— government grantsLn 1e$71K
Total revenueLn 12$965K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.08 Fundraising $0.07
Program services85%$541K
Management & general8%$49K
Fundraising7%$45K
Total functional expensesLn 25$636K

Balance Sheet

Part X · end of year
CashLn 1$905K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$8K
Total net assetsLn 32$1.0M
Months of cash on handcomputed17.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $911K · Operating expenses/yr $636K
17.2 months
Where the money goes
Program services
Program services $541K · Total expenses $636K
85%
Management & General
Management & general $49K · Total expenses $636K
8%
Fundraising
Fundraising $45K · Total expenses $636K
7%
Cost to raise $1
Fundraising expense (2-yr avg) $44K · Solicited contributions (2-yr avg) $723K
$0.06 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $863K · Total revenue $965K
89%
Government reliance
Government grants $71K · Total revenue $965K
7%
Earned-income share
Program service revenue $0 · Total revenue $965K
0%
Investment reliance
Investment income $1K · Total revenue $965K
+0.1%
Program self-sufficiency
Program service revenue $0 · Total expenses $636K
0%
Growth & trend
Revenue growth (YoY)
This year $965K · Prior year $785K
+23%
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $965K · Expenses $636K
+34%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $1.0M · Total assets $1.0M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $6K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
0.6%
People & payroll
Highest Reported Total Compensation
Individual Tricia Sabatini · Reported title Chief Operations Director · Highest reported compensation $82K · Total expenses $636K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $520K · Total expenses $636K
82%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 8%
Fundraising cost ratio 5%
Revenue growth 23%
Accounting fee ratio 2%

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 · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$80K

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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
FY2024 (Latest)$1.1M revenue · ⤓ 990 PDF
FY2023$970K revenue · ⤓ 990 PDF
FY2022$731K revenue · ⤓ 990 PDF
FY2021$965K revenue · viewing · ⤓ 990 PDF
FY2020$785K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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