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Nonprofiteer
← SADIE COLLECTIVE

Form 990 for tax year 2022

Filed by SADIE COLLECTIVE.

Totals

Total revenue
$772,713
Total expenses
$686,593
Contributions and grants received
$450,655
Grants paid
$45,700
Program service revenue
$322,058
Investment income
$0
Other revenue
$0
Total assets, end of year
$361,362
Total liabilities, end of year
$12,762
Net assets or fund balances, end of year
$348,600
Program services expenses (Part IX)
$456,061
Management and general expenses
$202,996
Fundraising expenses
$27,536
Program service expenses (Part III)
$456,061

Program services were 66.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $450,655

  • 2a · Program service revenue: CONFERENCE

    total $207,558 · related or exempt $207,558

  • 2b · Program service revenue: RECRUITER SERVICES

    total $49,500 · related or exempt $49,500

  • 2c · Program service revenue: SUMMIT

    total $39,500 · related or exempt $39,500

  • 2d · Program service revenue: CONSULTING SERVICES

    total $20,500 · related or exempt $20,500

  • 2e · Program service revenue: WEBINAR

    total $5,000 · related or exempt $5,000

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $45,700 · program services $45,700

  • 5 · Compensation of officers, directors and key employees

    total $109,490 · program services $66,120 · management and general $32,474 · fundraising $10,896

  • 7 · Other salaries and wages

    total $161,181 · program services $117,937 · management and general $29,780 · fundraising $13,464

  • 9 · Other employee benefits

    total $13,177 · program services $8,960 · management and general $3,031 · fundraising $1,186

  • 10 · Payroll taxes

    total $22,120 · program services $15,042 · management and general $5,088 · fundraising $1,990

  • 11c · Fees: accounting

    total $43,324 · management and general $43,324

  • 11g · Fees: other

    total $133,636 · program services $67,306 · management and general $66,330

  • 12 · Advertising and promotion

    total $2,265 · management and general $2,265

  • 13 · Office expenses

    total $7,660 · program services $2,365 · management and general $5,295

  • 17 · Travel

    total $209 · program services $209

  • 19 · Conferences, conventions and meetings

    total $75,714 · program services $75,714

  • 23 · Insurance

    total $1,112 · management and general $1,112

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $45,330 · program services $36,037 · management and general $9,293

  • 24b · Other expenses: OTHER PROGRAM EXPENSES

    total $16,059 · program services $16,059

  • 24c · Other expenses: TROPHIES AND GIFTS

    total $4,612 · program services $4,612

  • 24d · Other expenses: PROFESSIONAL DEVELOPMEN

    total $4,269 · management and general $4,269

  • 24e · All other expenses

    total $735 · management and general $735

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $227,915 · end of year $360,012

  • 4 · Accounts receivable

    beginning of year $136,970

  • 9 · Prepaid expenses and deferred charges

    end of year $1,350

  • 17 · Accounts payable and accrued expenses

    beginning of year $52,405 · end of year $12,762

  • 19 · Deferred revenue

    beginning of year $50,000

  • 27 · Net assets without donor restrictions

    beginning of year $262,480 · end of year $348,600

Mission and programs · 2022

Mission

BY EMPOWERING AND EQUIPPING BLACK WOMEN IN QUANTITATIVE AND BEHAVIORAL SCIENCES, THE SADIE COLLECTIVE ADDRESSES THE PIPELINE AND PATHWAY PROBLEM IN ECONOMICS, FINANCE, DATA SCIENCE, AND PUBLIC POLICY THROUGH PROGRAMMING AND MENTORSHIP. WHILE WE PRIMARILY SERVE AND ADDRESS THE NEEDS OF BLACK WOMEN AND YOUTH, THE SADIE COLLECTIVE IS ALWAYS OPEN AND WELCOMING TO ALL.

  • CONFERENCE AND SUMMIT - SACE2023 INCLUDED CURATED PROGRAMMING AND WEBINARS FOR ADVANCING BLACK WOMEN IN CAREERS IN ECONOMICS AND RELATED FIELDS.

    Expenses $338,268 · Grants $45,700 · Revenue $247,058

  • OTHER PROGRAM SERVICES - OTHER PROGRAM SERVICES INCLUDE THE SACE 2023 CAREER FAIR, PROFESSIONAL DEVELOPMENT WORKSHOPS, AND NETWORKING SESSIONS.

    Expenses $117,793 · Revenue $75,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Fanta Traore

    PRESIDENT AND COO/CEO

    Total calculated
    $70,091
    From this org
    $70,091
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • Bola Olaniyan

    EXECUTIVE DIRECTOR

    Total calculated
    $56,519
    From this org
    $53,966
    From related orgs
    $0
    Other
    $2,553
    Hours/week
    10
  • Dr Kristen Broady

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.1
  • George-Ann Ryan Treasurer

    UNTIL MAR. 2023, THEN SECRETARY

    Total calculated
    $0
    Hours/week
    0.1
  • Dr Aisha G Meeks Director

    TREASURER AS OF MAR. 2023

    Total calculated
    $0
    Hours/week
    0.1
  • Simone Gbolo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • Dr Marionette Holmes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • Makada Henry Nickie

    DIRECTOR AS OF APR. 2023

    Total calculated
    $0
    Hours/week
    0.1
  • Dr Sandile Hlatshwayo

    DIRECTOR UNTIL DEC. 2022

    Total calculated
    $0
    Hours/week
    0.1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202441369349316134

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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