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

Together We Bake FY2023 filing

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Trains women needing a second chance with job skills and confidence for self-sufficiency. For fiscal year 2023 it reported $970K in revenue, $919K in expenses, and $1.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Alexandria, VA
Website
new.togetherwebake.org
Filings
5 on file (2020–2023)
Revenue
$970KFY2023
Expenses
$919K
Net assets
$1.1M
People
13
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 FY2023 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
Stephanie Wright · Executive Director · $96K
Money in and out
$970K revenue, $919K expenses
Bottom line
70% program efficiency
Where the money goes · FY2023
Total revenue
$970K
Pt VIII · Ln 12
Total expenses
$919K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $51K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.17 Fundraising $0.13
Program efficiency
70%
of spending reaches programs
Operating runway
13.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$970K
FY2023▲ +33%
Expenses
$919K
FY2023▲ +25%
Total assets
$1.1M
FY2023▲ +7%
Total liabilities
$37K
FY2023▲ +67%
Total revenue
$970K
Pt VIII · Ln 12
Total expenses
$919K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$51K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $644K of program spending, described in the organization's own filed words · FY2023.
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.

$644Kprogram 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 1a11
Independent voting membersPt VI · Ln 1b11
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
Executive Director
$95,663Pt VII · Sec A
Chief Operations Director
$95,663Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$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$842K · 87%
Other revenue$105K · 11%
Investment income$23K · 2%
Contributions & grants87%$842K
Other revenue11%$105K
Investment income2%$23K
Total revenueLn 12$970K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.17 Fundraising $0.13
Program services70%$644K
Management & general17%$160K
Fundraising13%$115K
Total functional expensesLn 25$919K

Balance Sheet

Part X · end of year
CashLn 1$324K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$37K
Total net assetsLn 32$1.1M
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $919K
13.9 months
Where the money goes
Program services
Program services $644K · Total expenses $919K
70%
Management & General
Management & general $160K · Total expenses $919K
17%
Fundraising
Fundraising $115K · Total expenses $919K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $69K · Solicited contributions (3-yr avg) $764K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $842K · Total revenue $970K
87%
Government reliance
Government grants — · Total revenue $970K
Earned-income share
Program service revenue $0 · Total revenue $970K
0%
Investment reliance
Investment income $23K · Total revenue $970K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $919K
0%
Growth & trend
Revenue growth (YoY)
This year $970K · Prior year $731K
+33%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $970K · Expenses $919K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $738K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
66%
People & payroll
Highest Reported Total Compensation
Individual Stephanie Wright · Reported title Executive Director · Highest reported compensation $96K · Total expenses $919K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $695K · Total expenses $919K
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 17%
Fundraising cost ratio 14%
Revenue growth 33%
Accounting fee ratio 2%
Fundraising 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 · viewing · ⤓ 990 PDF
FY2022$731K revenue · ⤓ 990 PDF
FY2021$965K revenue · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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