Civic Intelligence

Mentoring Womens Network Foundation

EIN 46-2992450 • 501(c)3 • Carmel, IN

Profile

Pass the torch for women foundation is a 501(c)(3) organization that creates a unique and powerful community galvanized by a shared belief in the value of women's leadership. Our approach in supporting women throughout their career pathways with mentoring relationships, networking, and leadership training sets us apart from other organizations. Our mentoring program believes that all women should have access to professional growth. We are a community that passes the torch through mentoring, connecting, and investing in women at all stages of their careers.

9640 Commerce Dr Ste 436Carmel, IN 46032

www.passthetorchforwomen.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

22nd percentile

-23%

Higher net margin than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

21st percentile

-45%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

12th percentile

-71%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$31,053

Down $13,828 (-31%) from 2023

Liabilities

Down

$0

Down $556 (-100%) from 2023

Net Assets

Down

$31,053

Down $13,272 (-30%) from 2023

Revenue

Down

$183,545

Down $12,588 (-6.4%) from 2023

Expenses

Up

$196,817

Up $18,612 (+10%) from 2023

Net Income

Down

-$13,272

Down $31,200 (-174%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2014: $18,708Liabilities 2014: $02014Assets 2015: $79,247Liabilities 2015: $0Net Assets 2015: $79,2472015Assets 2016: $73,740Liabilities 2016: $91Net Assets 2016: $73,6492016Assets 2017: $104,833Liabilities 2017: $134Net Assets 2017: $104,6992017Assets 2018: $93,491Liabilities 2018: $0Net Assets 2018: $93,4912018Assets 2019: $80,608Liabilities 2019: $0Net Assets 2019: $80,6082019Assets 2020: $48,763Liabilities 2020: $0Net Assets 2020: $48,7632020Assets 2021: $123,457Liabilities 2021: $0Net Assets 2021: $123,4572021Assets 2022: $26,397Liabilities 2022: $0Net Assets 2022: $26,3972022Assets 2023: $44,881Liabilities 2023: $556Net Assets 2023: $44,3252023Assets 2024: $31,053Liabilities 2024: $0Net Assets 2024: $31,0532024

Highlighted filing

2024

Assets$31,053
Liabilities$0
Net Assets$31,053

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $162,338Expenses 2014: $143,630Net Income 2014: $18,7082014Revenue 2015: $279,878Expenses 2015: $204,339Net Income 2015: $75,5392015Revenue 2016: $279,712Expenses 2016: $285,310Net Income 2016: -$5,5982016Revenue 2017: $288,566Expenses 2017: $257,516Net Income 2017: $31,0502017Revenue 2018: $243,970Expenses 2018: $255,452Net Income 2018: -$11,4822018Revenue 2019: $398,837Expenses 2019: $411,720Net Income 2019: -$12,8832019Revenue 2020: $281,661Expenses 2020: $313,506Net Income 2020: -$31,8452020Revenue 2021: $371,991Expenses 2021: $297,297Net Income 2021: $74,6942021Revenue 2022: $103,620Expenses 2022: $200,680Net Income 2022: -$97,0602022Revenue 2023: $196,133Expenses 2023: $178,205Net Income 2023: $17,9282023Revenue 2024: $183,545Expenses 2024: $196,817Net Income 2024: -$13,2722024

Highlighted filing

2024

Revenue$183,545
Expenses$196,817
Net Income-$13,272

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 4, 2025
Return Version
2024v5.0
Gross Receipts
$183,545
Mission and Program Overview

Mission

Pass nbsp;the nbsp;torch nbsp;for nbsp;women nbsp;foundation nbsp;is nbsp;a nbsp;501(c) nbsp;(3) nbsp;organization nbsp;that nbsp;creates nbsp;a nbsp;unique nbsp;and nbsp;powerful nbsp;community nbsp;galvanized nbsp;by nbsp;a nbsp;shared nbsp;belief nbsp;in nbsp;the nbsp;value nbsp;of nbsp;women apos;s nbsp;leadership nbsp;our nbsp;approach nbsp;in nbsp;supporting nbsp;women nbsp;throughout nbsp;their nbsp;career nbsp;pathways nbsp;with nbsp;mentoring nbsp;relationships nbsp;networking nbsp;and nbsp;leadership nbsp;training nbsp;sets nbsp;us nbsp;apart nbsp;from nbsp;other nbsp;organizations nbsp;our nbsp;mentoring nbsp;program nbsp;believes nbsp;that nbsp;all nbsp;women nbsp;should nbsp;have nbsp;access nbsp;to nbsp;professional nbsp;growth nbsp;we nbsp;are nbsp;a nbsp;community nbsp;that nbsp;passes nbsp;the nbsp;torch nbsp;through nbsp;mentoring nbsp;connecting nbsp;and nbsp;investing nbsp;in nbsp;women nbsp;at nbsp;all nbsp;stages nbsp;of nbsp;their nbsp;careers

Pass the torch for women foundation is a 501(c)(3) organization that creates a unique and powerful community galvanized by a shared belief in the value of women's leadership. Our approach in supporting women throughout their career pathways with mentoring relationships, networking, and leadership training sets us apart from other organizations. Our mentoring program believes that all women should have access to professional growth. We are a community that passes the torch through mentoring, connecting, and investing in women at all stages of their careers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$31,084--
Rtn Earn Endowment Incm Other Fnds$44,325$31,053▼ $13,272
Cash and Non-Interest-Bearing Accounts$11,735$29,816▲ $18,081
Land, Buildings, and Equipment, Net$2,062$1,237▼ $825
Total Assets$44,881$31,053▼ $13,828
Liabilities
Other Liabilities$556--
Total Liabilities$556$0▼ $556
Net Assets / Fund Balance
Total Net Assets Fund Balance$44,325$31,053▼ $13,272
Total Liabilities and Net Assets / Fund Balance$44,881$31,053▼ $13,828

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,237$3,636$4,873
Compensation and Service Providers

Board Members and Trustees

NameTitle
India BrownBoard Chair
Shamika AndersonBoard Secret
ANNA O'NANBoard Vice C
Akilah DardenAt Large Boa
Amanda BabicAt Large Boa
Ariel CrawleyAt Large Boa
Betty LonisAt Large Boa
Brian McginnisAt Large Boa
Rachel StevensAt Large Boa
Tiffany TrotterAt Large Boa
Revenue and Support

Revenue Composition

Contributions and Grants
$183,205
Program Service Revenue
$0
Investment Income
$340
Other Revenue
$0
All Other Contributions
$183,205
Change in Net Assets
$-13,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$108,837
Other Expenses$87,980
Total Fundraising Expense$19,065
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$24,172$34,531$10,360$69,063
Conferences and Meetings$35,158$66-$35,224
Other Salaries and Wages$30,115--$30,115
Information Technology$13,879$1,851$2,775$18,505
Fees for Services Other$16,100--$16,100
Fees for Services Accounting-$8,847-$8,847
Payroll Taxes$3,793$1,897$1,897$7,587
Office Expenses$2,576$343$515$3,434
Advertising--$3,000$3,000
Pension Plan Contributions$1,036$518$518$2,072
Depreciation Depletion$825--$825
Other Expenses$1,000$539-$539
Insurance-$396-$396
Travel$110--$110
Total Functional Expenses$128,764$48,988$19,065$196,817
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 9

Samantha burke 1831 n pennsylvania st indianapolis, in 46202 anna o'nan 9640 commerce dr ste 436 carmel, in 46032 shamika anderson 9640 commerce dr ste 436 carmel, in 46032 amanda babic 9640 commerce dr ste 436 carmel, in 46032 ariel crawley 9640 commerce dr ste 436 carmel, in 46032 akilah darden 9640 commerce dr ste 436 carmel, in 46033 betty lonis 9640 commerce dr ste 436 carmel, in 46032 brian mcginnis 9640 commerce dr ste 436 carmel, in 46032 rachel stevens 9640 commerce dr ste 436 carmel, in 46032 tiffany trotter 9640 commerce dr ste 436 carmel, in 46032

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

The form 990 is reviewed and approved by the board chair prior to filing.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Mentoring Womens Network Foundation
EIN
46-2992450
Phone
3178474953
Address
9640 COMMERCE DR STE 436, CARMEL, IN 46032
Doing Business As
Pass the Torch for Women Foundation

Signing Officer

Name
India Brown
Title
Board Chair
Phone
3178474953
Signed
2025-06-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
India Brown
Formed
2013
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
8

Preparer

Firm
Aspire Cpas Pc
Address
8425 WOODFIELD CROSSING 110, INDIANAPOLIS, IN 46240-7316
Preparer
Beverly K Nead CPA
Phone
3174694500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Pass the torch for women foundation is a 501(c)(3) organization that creates a unique and powerful community galvanized by a shared belief in the value of women's leadership. Our approach in supporting women throughout their career pathways with mentoring relationships, networking, and leadership training sets us apart from other organizations. Our mentoring program believes that all women should have access to professional growth. We are a community that passes the torch through mentoring, connecting, and investing in women at all stages of their careers.

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

Pass the torch for women foundation offers scholarships to a nationwide mentoring program for female college students who participate in the project grow program. The women receive strategic, professional training, aligned with unique networking opportunities, but most importantly, access to executives dedicated to mentoring on a one on one basis. The participants receive courses on leadership, negotiation and communication skills, financial education, and confidence building, in addition to connections with key decision makers in business. The outcome is that the women successfully transition from the college environment into the business world and to ultimately grow women leaders. Our fundraising efforts enable us to faciliate our mentoring program for women, create scholarship opportunities, and continue to expand our resource offerings to achieve our vision of a world of equality in the workplace. The foundation provides membership scholarships for women with demonstrated need in the following categories: single mothers, women in transition, female entrepreneurs, and college students. Join our fundraising team here.

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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/Desc0PASS THE TORCH FOR WOMEN FOUNDATION OFFERS SCHOLARSHIPS TO A NATIONWIDE MENTORING PROGRAM FOR FEMALE COLLEGE STUDENTS WHO PARTICIPATE IN THE PROJECT GROW PROGRAM. THE WOMEN RECEIVE STRATEGIC, PROFESSIONAL TRAINING, ALIGNED WITH UNIQUE NETWORKING OPPORTUNITIES, BUT MOST IMPORTANTLY, ACCESS TO EXECUTIVES DEDICATED TO MENTORING ON A ONE ON ONE BASIS. THE PARTICIPANTS RECEIVE COURSES ON LEADERSHIP, NEGOTIATION AND COMMUNICATION SKILLS, FINANCIAL EDUCATION, AND CONFIDENCE BUILDING, IN ADDITION TO CONNECTIONS WITH KEY DECISION MAKERS IN BUSINESS. THE OUTCOME IS THAT THE WOMEN SUCCESSFULLY TRANSITION FROM THE COLLEGE ENVIRONMENT INTO THE BUSINESS WORLD AND TO ULTIMATELY GROW WOMEN LEADERS. OUR FUNDRAISING EFFORTS ENABLE US TO FACILIATE OUR MENTORING PROGRAM FOR WOMEN, CREATE SCHOLARSHIP OPPORTUNITIES, AND CONTINUE TO EXPAND OUR RESOURCE OFFERINGS TO ACHIEVE OUR VISION OF A WORLD OF EQUALITY IN THE WORKPLACE. THE FOUNDATION PROVIDES MEMBERSHIP SCHOLARSHIPS FOR WOMEN WITH DEMONSTRATED NEED IN THE FOLLOWING CATEGORIES: SINGLE MOTHERS, WOMEN IN TRANSITION, FEMALE ENTREPRENEURS, AND COLLEGE STUDENTS. JOIN OUR FUNDRAISING TEAM HERE.
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IRS990/MissionDesc0PASS THE TORCH FOR WOMEN FOUNDATION IS A 501(C)(3) ORGANIZATION THAT CREATES A UNIQUE AND POWERFUL COMMUNITY GALVANIZED BY A SHARED BELIEF IN THE VALUE OF WOMEN'S LEADERSHIP. OUR APPROACH IN SUPPORTING WOMEN THROUGHOUT THEIR CAREER PATHWAYS WITH MENTORING RELATIONSHIPS, NETWORKING, AND LEADERSHIP TRAINING SETS US APART FROM OTHER ORGANIZATIONS. OUR MENTORING PROGRAM BELIEVES THAT ALL WOMEN SHOULD HAVE ACCESS TO PROFESSIONAL GROWTH. WE ARE A COMMUNITY THAT PASSES THE TORCH THROUGH MENTORING, CONNECTING, AND INVESTING IN WOMEN AT ALL STAGES OF THEIR CAREERS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PASS THE TORCH FOR WOMEN FOUNDATION IS A 501(C)(3) ORGANIZATION THAT CREATES A UNIQUE AND POWERFUL COMMUNITY GALVANIZED BY A SHARED BELIEF IN THE VALUE OF WOMEN'S LEADERSHIP. OUR APPROACH IN SUPPORTING WOMEN THROUGHOUT THEIR CAREER PATHWAYS WITH MENTORING RELATIONSHIPS, NETWORKING, AND LEADERSHIP TRAINING SETS US APART FROM OTHER ORGANIZATIONS. OUR MENTORING PROGRAM BELIEVES THAT ALL WOMEN SHOULD HAVE ACCESS TO PROFESSIONAL GROWTH. WE ARE A COMMUNITY THAT PASSES THE TORCH THROUGH MENTORING, CONNECTING, AND INVESTING IN WOMEN AT ALL STAGES OF THEIR CAREERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PASS THE TORCH FOR WOMEN FOUNDATION OFFERS SCHOLARSHIPS TO A NATIONWIDE MENTORING PROGRAM FOR FEMALE COLLEGE STUDENTS WHO PARTICIPATE IN THE PROJECT GROW PROGRAM. THE WOMEN RECEIVE STRATEGIC, PROFESSIONAL TRAINING, ALIGNED WITH UNIQUE NETWORKING OPPORTUNITIES, BUT MOST IMPORTANTLY, ACCESS TO EXECUTIVES DEDICATED TO MENTORING ON A ONE ON ONE BASIS. THE PARTICIPANTS RECEIVE COURSES ON LEADERSHIP, NEGOTIATION AND COMMUNICATION SKILLS, FINANCIAL EDUCATION, AND CONFIDENCE BUILDING, IN ADDITION TO CONNECTIONS WITH KEY DECISION MAKERS IN BUSINESS. THE OUTCOME IS THAT THE WOMEN SUCCESSFULLY TRANSITION FROM THE COLLEGE ENVIRONMENT INTO THE BUSINESS WORLD AND TO ULTIMATELY GROW WOMEN LEADERS. OUR FUNDRAISING EFFORTS ENABLE US TO FACILIATE OUR MENTORING PROGRAM FOR WOMEN, CREATE SCHOLARSHIP OPPORTUNITIES, AND CONTINUE TO EXPAND OUR RESOURCE OFFERINGS TO ACHIEVE OUR VISION OF A WORLD OF EQUALITY IN THE WORKPLACE. THE FOUNDATION PROVIDES MEMBERSHIP SCHOLARSHIPS FOR WOMEN WITH DEMONSTRATED NEED IN THE FOLLOWING CATEGORIES: SINGLE MOTHERS, WOMEN IN TRANSITION, FEMALE ENTREPRENEURS, AND COLLEGE STUDENTS. JOIN OUR FUNDRAISING TEAM HERE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SAMANTHA BURKE 1831 N PENNSYLVANIA ST INDIANAPOLIS, IN 46202 ANNA O'NAN 9640 COMMERCE DR STE 436 CARMEL, IN 46032 SHAMIKA ANDERSON 9640 COMMERCE DR STE 436 CARMEL, IN 46032 AMANDA BABIC 9640 COMMERCE DR STE 436 CARMEL, IN 46032 ARIEL CRAWLEY 9640 COMMERCE DR STE 436 CARMEL, IN 46032 AKILAH DARDEN 9640 COMMERCE DR STE 436 CARMEL, IN 46033 BETTY LONIS 9640 COMMERCE DR STE 436 CARMEL, IN 46032 BRIAN MCGINNIS 9640 COMMERCE DR STE 436 CARMEL, IN 46032 RACHEL STEVENS 9640 COMMERCE DR STE 436 CARMEL, IN 46032 TIFFANY TROTTER 9640 COMMERCE DR STE 436 CARMEL, IN 46032
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD CHAIR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-04
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BEVERLY K NEAD CPA
ReturnHeader/ReturnTs02025-06-24T12:41:14-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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