Civic Intelligence

Teamwomenmn

EIN 46-0691731 • 501(c)3 • Minneapolis, MN

Profile

We inspire women and girls to rise together

1633 West End BoulevardMinneapolis, MN 55416

www.teamwomenmn.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.34x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.22x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

36th percentile

-1.4%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

14%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$340,676

Down $4,799 (-1.4%) from 2023

Liabilities

Up

$114,345

Up $49,025 (+75%) from 2023

Net Assets

Down

$226,331

Down $53,824 (-19%) from 2023

Revenue

Up

$524,969

Up $66,438 (+14%) from 2023

Expenses

Up

$591,407

Up $119,684 (+25%) from 2023

Net Income

Down

-$66,438

Down $53,246 (-404%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2013: $44,570Liabilities 2013: $02013Assets 2014: $89,070Liabilities 2014: $02014Assets 2015: $91,512Liabilities 2015: $02015Assets 2016: $86,537Liabilities 2016: $02016Assets 2017: $133,807Liabilities 2017: $02017Assets 2018: $197,731Liabilities 2018: $28,508Net Assets 2018: $169,2232018Assets 2019: $326,557Liabilities 2019: $64,127Net Assets 2019: $262,4302019Assets 2020: $321,503Liabilities 2020: $94,519Net Assets 2020: $226,9842020Assets 2021: $340,493Liabilities 2021: $12,875Net Assets 2021: $327,6182021Assets 2022: $309,683Liabilities 2022: $23,623Net Assets 2022: $286,0602022Assets 2023: $345,475Liabilities 2023: $65,320Net Assets 2023: $280,1552023Assets 2024: $340,676Liabilities 2024: $114,345Net Assets 2024: $226,3312024

Highlighted filing

2024

Assets$340,676
Liabilities$114,345
Net Assets$226,331

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $60,369Expenses 2013: $33,648Net Income 2013: $26,7212013Revenue 2014: $146,483Expenses 2014: $101,327Net Income 2014: $45,1562014Revenue 2015: $120,775Expenses 2015: $114,392Net Income 2015: $6,3832015Revenue 2016: $141,862Expenses 2016: $152,394Net Income 2016: -$10,5322016Revenue 2017: $186,161Expenses 2017: $148,663Net Income 2017: $37,4982017Revenue 2018: $260,857Expenses 2018: $230,004Net Income 2018: $30,8532018Revenue 2019: $436,580Expenses 2019: $357,644Net Income 2019: $78,9362019Revenue 2020: $339,607Expenses 2020: $380,274Net Income 2020: -$40,6672020Revenue 2021: $475,543Expenses 2021: $385,143Net Income 2021: $90,4002021Revenue 2022: $385,036Expenses 2022: $408,375Net Income 2022: -$23,3392022Revenue 2023: $458,531Expenses 2023: $471,723Net Income 2023: -$13,1922023Revenue 2024: $524,969Expenses 2024: $591,407Net Income 2024: -$66,4382024

Highlighted filing

2024

Revenue$524,969
Expenses$591,407
Net Income-$66,438

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$1.14$2.26$5.25$5.91$0.66
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$0.65$2.80$4.59$4.72$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$0.24$2.86$3.85$4.08$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.40$0.13$3.28$4.76$3.85$0.90
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.22$0.95$2.27$3.40$3.80$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$0.64$2.62$4.37$3.58$0.79
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.29$1.69$2.61$2.30$0.31
2017Summary only. Only limited summary data is available for this year.$1.34$0.00$1.86$1.49$0.37
2016Summary only. Only limited summary data is available for this year.$0.87$0.00$1.42$1.52$0.11
2015Summary only. Only limited summary data is available for this year.$0.92$0.00$1.21$1.14$0.06
2014Summary only. Only limited summary data is available for this year.$0.89$0.00$1.46$1.01$0.45
2013Summary only. Only limited summary data is available for this year.$0.45$0.00$0.60$0.34$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$536,330
Mission and Program Overview

Mission

The mission of teamwomen is "we inspire women to rise together".

We inspire women and girls to rise together.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$169,982-
Cash and Non-Interest-Bearing Accounts$37,062$65,648▲ $28,586
Savings and Temporary Cash Investments$259,611$55,166▼ $204,445
Accounts Receivable$29,250$32,050▲ $2,800
Prepaid Expenses and Deferred Charges$885$11,629▲ $10,744
Total Assets$345,475$340,676▼ $4,799
Other Assets Total$18,667$6,201▼ $12,466
Liabilities
Deferred Revenue$53,685$96,695▲ $43,010
Accounts Payable and Accrued Expenses$2,102$17,650▲ $15,548
Other Liabilities$9,533--
Total Liabilities$65,320$114,345▲ $49,025
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$277,535$224,686▼ $52,849
Net Assets With Donor Restrictions$2,620$1,645▼ $975
Total Net Assets Fund Balance$280,155$226,331▼ $53,824
Total Liabilities and Net Assets / Fund Balance$345,475$340,676▼ $4,799
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katy BurkeExecutive DiFT$163,373$8,578$171,951
Katy BurkeExecutive Director-$163,373$8,578$171,951

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$211,400
Program Service Revenue
$266,427
Investment Income
$10,608
Other Revenue
$36,534
All Other Contributions
$194,050
Change in Net Assets
$-66,438
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$404,745
Salaries, Compensation, and Employee Benefits$185,687
Total Fundraising Expense$28,840
Grants and Similar Amounts Paid$975
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$128,963$25,793$17,195$171,951
Fees for Services Other$133,513$8,520$10,271$152,304
Occupancy$37,432$4,800-$42,232
Fees for Services Accounting-$18,958-$18,958
All Other Expenses$4,057$10,597-$14,654
Payroll Taxes$10,302$2,060$1,374$13,736
Advertising-$9,957-$9,957
Other Expenses$9,871$11,686-$9,871
Information Technology$3,547$3,548-$7,095
Office Expenses-$3,208-$3,208
Insurance-$1,434-$1,434
Travel$1,307--$1,307
Grants to Domestic Individuals$975--$975
Interest-$415-$415
Total Functional Expenses$461,591$100,976$28,840$591,407
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,395
Fundraising Direct Expenses$11,361
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Empower Gala$57,745$40,395$2,331$38,064
Total Events$57,745$40,395$11,361$29,034
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 1A

There is an executive committee with the authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

The 990 is sent to the board of directors for discussion and approval before filing.

Form 990, Page 6, Part VI, Line 12C

The governance committee and executive committee provide oversight and monitoring of the conflicts of interest policy.

Form 990, Page 6, Part VI, Line 15A

The executive committee makes a compensation recommendation to the board of directors for approval.

Form 990, Page 6, Part VI, Line 18

The 990 is uploaded to guidestar upon filing.

Form 990, Page 6, Part VI, Line 19

At this time, due to the early stage of our organization, we do not make these documents public.

Filing and Contact Details

Filer

Filer Name
Teamwomenmn
EIN
46-0691731
Phone
6125088813
Address
1633 WEST END BOULEVARD, MINNEAPOLIS, MN 55416
Doing Business As
Teamwomen

Signing Officer

Name
Katy Burke
Title
Executive Director
Phone
9525252236
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katy Burke
Formed
2012
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
14
Employees
1
Volunteers
76

Preparer

Firm
Boyum & Barenscheer Pllp
Address
3050 METRO DR STE 200, MINNEAPOLIS, MN 55425-1547
Preparer
Anna Lovegren
Phone
9528544244
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Teamwomen empowers women and girls, fostering inner confidence and providing essential life tools for unprecedented career potential they may not have thought possible. Our non-profit welcomes women at every career stage, from early career, executive to legacy, offering a supportive lifelong community dedicated to professional and personal growth. Members develop leadership skills, broaden their network, and gain the courage to become the leader they aspire to be. Members will: propel their career beyond expectations expand awareness across industries and perspectives access diverse programming addressing holistic career needs experience the fulfillment of giving back to our community.

Form 990, Page 2, Part III, Line 4A

As a nonprofit, we amplify our impact through our mision work designed to help women and girls lean into their confidence and go farther than they ever imagined. Leadership development events. Teamwomen held over 35 events attended by 2,800+ professional women (and a few men). Our ongoing networking events provide the perfect platform for connecting women across a wide variety of professions. Participants learn from great speakers in ? Rst-class venues and master how to network effectively and strategically. Teamwomen holds a wide variety of events throughout the year to develop leadership skills and foster networking in the community. Our events include monthly networking breakfasts, professional development workshops, career and wellness peer-to-peer connect groups, a she reads, she leads book club and more. We host three flagship events each year. Our leadership conference is a full day of inspiring, hopeful stories from powerful women who come from a variety of professions, backgrounds, educations, and experiences. Our wavemaker awards is planned and hosted by our young professionals advisory board. This special night recognizes wavemakers or pioneers in their field in six separate award categories: community impact; wavemaker; unchartered territory; outstanding mentor; lifetime achievement and empower rising star. We had over 200 registered attendees for this in person event. Our empower rising stars gala is our fundraiser to support out mission work. This event drew an audience of over 200.

Form 990, Part IX, Line 11G

Event planner 41,076 0 0 contract admin 0 3,520 0 other 0 5,000 0 marketing and website 92,437 0 10,271 total 133,513 8,520 10,271

Raw XML AppendixShowing 400 of 545 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0AS A NONPROFIT, WE AMPLIFY OUR IMPACT THROUGH OUR MISION WORK DESIGNED TO HELP WOMEN AND GIRLS LEAN INTO THEIR CONFIDENCE AND GO FARTHER THAN THEY EVER IMAGINED. LEADERSHIP DEVELOPMENT EVENTS. TEAMWOMEN HELD OVER 35 EVENTS ATTENDED BY 2,800+ PROFESSIONAL WOMEN (AND A FEW MEN). OUR ONGOING NETWORKING EVENTS PROVIDE THE PERFECT PLATFORM FOR CONNECTING WOMEN ACROSS A WIDE VARIETY OF PROFESSIONS. PARTICIPANTS LEARN FROM GREAT SPEAKERS IN ? RST-CLASS VENUES AND MASTER HOW TO NETWORK EFFECTIVELY AND STRATEGICALLY. TEAMWOMEN HOLDS A WIDE VARIETY OF EVENTS THROUGHOUT THE YEAR TO DEVELOP LEADERSHIP SKILLS AND FOSTER NETWORKING IN THE COMMUNITY. OUR EVENTS INCLUDE MONTHLY NETWORKING BREAKFASTS, PROFESSIONAL DEVELOPMENT WORKSHOPS, CAREER AND WELLNESS PEER-TO-PEER CONNECT GROUPS, A SHE READS, SHE LEADS BOOK CLUB AND MORE. WE HOST THREE FLAGSHIP EVENTS EACH YEAR. OUR LEADERSHIP CONFERENCE IS A FULL DAY OF INSPIRING, HOPEFUL STORIES FROM POWERFUL WOMEN WHO COME FROM A VARIETY OF PROFESSIONS, BACKGROUNDS, EDUCATIONS, AND EXPERIENCES. OUR WAVEMAKER AWARDS IS PLANNED AND HOSTED BY OUR YOUNG PROFESSIONALS ADVISORY BOARD. THIS SPECIAL NIGHT RECOGNIZES WAVEMAKERS OR PIONEERS IN THEIR FIELD IN SIX SEPARATE AWARD CATEGORIES: COMMUNITY IMPACT; WAVEMAKER; UNCHARTERED TERRITORY; OUTSTANDING MENTOR; LIFETIME ACHIEVEMENT AND EMPOWER RISING STAR. WE HAD OVER 200 REGISTERED ATTENDEES FOR THIS IN PERSON EVENT. OUR EMPOWER RISING STARS GALA IS OUR FUNDRAISER TO SUPPORT OUT MISSION WORK. THIS EVENT DREW AN AUDIENCE OF OVER 200.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/MissionDesc0TEAMWOMEN EMPOWERS WOMEN AND GIRLS, FOSTERING INNER CONFIDENCE AND PROVIDING ESSENTIAL LIFE TOOLS FOR UNPRECEDENTED CAREER POTENTIAL THEY MAY NOT HAVE THOUGHT POSSIBLE. OUR NON-PROFIT WELCOMES WOMEN AT EVERY CAREER STAGE, FROM EARLY CAREER, EXECUTIVE TO LEGACY, OFFERING A SUPPORTIVE LIFELONG COMMUNITY DEDICATED TO PROFESSIONAL AND PERSONAL GROWTH. MEMBERS DEVELOP LEADERSHIP SKILLS, BROADEN THEIR NETWORK, AND GAIN THE COURAGE TO BECOME THE LEADER THEY ASPIRE TO BE. MEMBERS WILL: PROPEL THEIR CAREER BEYOND EXPECTATIONS EXPAND AWARENESS ACROSS INDUSTRIES AND PERSPECTIVES ACCESS DIVERSE PROGRAMMING ADDRESSING HOLISTIC CAREER NEEDS EXPERIENCE THE FULFILLMENT OF GIVING BACK TO OUR COMMUNITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0TEAMWOMEN HAS ALWAYS BELIEVED IN WOMEN SUPPORTING WOMEN. OUR PROGRAM IS RECOGNIZED FOR ITS EMPHASIS ON ONE-ON-ONE MENTORING AND STRATEGICALLY PAIRING PARTICIPANTS IN VARYING PROFESSIONS. BENEFITING BOTH THE MENTOR AND MENTEE, TEAMWOMENS MENTOR PROGRAM IS CROSS-GENERATIONAL AND MENTEE-DRIVEN. WE LAUNCH TWO 12 MONTH CO-HORTS A YEAR AND ALLOW ATTENDEES TO PARTICIPATE VIRTUALLY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0TEAMWOMEN PROVIDES LEADERSHIP OPPORTUNITIES FOR YOUNG GIRLS THROUGH OUR THIRD PILLAR, EMPOWER LEADERSHIP ACADEMY. OVER 270 YOUTH ATTENDED OUR EMPOWER LEADERSHIP ACADEMY PROGRAMS. THROUGH OUR ACADEMIES AND LEADERSHIP SESSIONS, WE COACH 5TH-12TH GRADE GIRLS ON CONFIDENCE, RESILIENCE, MENTAL WELLNESS, AND LEADERSHIP AND PROVIDE TOOLS AND SKILLS THEY NEED TO SUCCEED.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LEGAL SETTLEMENT 7,500 FUNDRAISER NET INCOME 29,034
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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