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Passes our checks

Womens Bakery Inc

EIN 47-4333365 · Denver, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceGood71 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE WOMEN'S BAKERY IS A SOCIAL ENTERPRISE THAT EMPOWERS WOMEN THROUGH ACCREDITED TRAINING, EMPLOYMENT, AND SOCIAL PROGRAMMING, AND BUILDS BAKERIES THAT SELL HIGH QUALITY AND AFFORDABLE BREADS TO EAST AFRICAN COMMUNITIES.

Income
$1.6 million
Spending
$922,192
Spent on programs
80%
Reserves
16.5 months of spending
Largest source of income
donations and private grants, 100%
Employees
2
Volunteers
4
Highest pay
$101,861, ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 88% of charities in its peer group (international, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 16.5 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 43% of income.

  • Income trend

    15 of 15

    Income rose 68% on the year before.

  • Spending floor

    15 of 15

    80% of spending went to programs and raising each dollar of donations cost 4 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 71 out of 100. Higher than 24% of charities in its peer group (international, $1m to $10m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $733,485 spent. THE WOMEN'S BAKERY (TWB) IS MORE THAN A CONCEPT - TWB IS A VIABLE COMMITMENT TO A VISION FOR WHAT THE WORLD CAN BE: A WORLD THAT ELEVATES WOMEN FOR THEIR INHERENT POWER, AND PROMOTES BUSINESS AS A TOOL FOR LASTING, POSITIVE SOCIAL IMPACT. TWB HAS MADE IT THROUGH SERIOUSLY CHALLENGING TIMES. TWB HAS NOT JUST WEATHERED STORMS, BUT PERSEVERED AMIDST WAVES OF DISRUPTIONS AND SETBACKS. TWB REMAINED STRONG BECAUSE OF OUR TEAM EMPLOYEES AND GENEROUS SUPPORTERS, LIKE YOU. THANK YOU. TWB CONTINUES TO GROW - OUR BAKERIES SALES GREW FROM $112,000 IN 2023 TO $170,000 IN 2024, HELPING TO OFFSET AND BETTER SUSTAIN OUR OUR ONE BREAD PROJECT COSTS, A (PRIMARILY) DONOR-SUPPORTED SCHOOL SNACK PROGRAM. OUR ONE BREAD PROJECT GREW IN 2024 TO SERVE 22,000+ PRIMARY SCHOOL CHILDREN EVERY SCHOOL DAY. IN 2024, TWB DIRECTLY EMPLOYED 50 PEOPLE, 48 OF WHOM ARE EAST AFRICAN AND 41 OF WHOM ARE WOMEN. ALL TWB TEAM MEMBERS HAVE ACCESS TO MENTAL HEALTH COUNSELING, FINANCIAL LITERACY LESSONS, ON-SITE DAY CARES, AND WOMEN BAKERS HAVE ONGOING PROFESSIONAL DEVELOPMENT TRAININGS. ALL TEAM MEMBERS HAVE COMPANY HEALTH INSURANCE, BENEFITING APPROXIMATELY 100 DEPENDENTS. WE ARE COMMITTED TO EMPOWERING OUR TEAM MEMBERS BY PROVIDING ACCESS TO FINANCIAL RESOURCES AND ADDRESSING HUNGER. AN INTERNAL SURVEY REVEALED THAT ONLY ONE TEAM MEMBER REPORTED OCCASIONALLY EXPERIENCING HUNGER, A REMARKABLE IMPROVEMENT COMPARED TO PREVIOUS YEARS WHEN APPROXIMATELY 19% OF PARTICIPANTS (ROUGHLY 7 TEAM MEMBERS) REPORTED SOMETIMES GOING TO BED HUNGRY. IN 2025, WE PLAN TO IMPROVE OUR BREAD PRODUCT OFFERINGS TO SERVE A WIDER MARKET AS WELL AS INCREASE OUR INVESTMENT IN INTERNAL EMPOWERMENT.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2015.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.