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← 100 WOMEN IN FINANCE ASSOCIATION INC

Form 990 for tax year 2023

Filed by 100 WOMEN IN FINANCE ASSOCIATION INC.

Totals

Total revenue
$2,016,321
Total expenses
$2,577,700
Contributions and grants received
$310,459
Grants paid
$24,333
Program service revenue
$1,680,506
Investment income
$10,226
Other revenue
$15,130
Total assets, end of year
$765,755
Total liabilities, end of year
$875,477
Net assets or fund balances, end of year
-$109,722
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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

    $310,459

  • 2a · Program service revenue: ACCESS FEES

    total $1,404,807 · related or exempt $1,404,807

  • 2b · Program service revenue: PROGRAM REVENUE

    total $275,699 · related or exempt $275,699

  • 3 · Investment income

    total $10,226 · excluded $10,226

  • 8a · Fundraising events: gross income

    $174,351

  • 8b · Fundraising events: direct expenses

    $201,221

  • 8c · Net income from fundraising events

    total -$26,870 · excluded -$26,870

  • 11a · Other revenue: CARES ACT - ERTC

    total $42,000 · excluded $42,000

  • 11e · Other revenue, total

    $42,000

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $24,333

  • 5 · Compensation of officers, directors and key employees

    total $724,536

  • 7 · Other salaries and wages

    total $258,548

  • 8 · Pension plan contributions

    total $31,592

  • 9 · Other employee benefits

    total $87,108

  • 10 · Payroll taxes

    total $88,044

  • 11b · Fees: legal

    total $40,033

  • 11c · Fees: accounting

    total $67,019

  • 11g · Fees: other

    total $532,282

  • 12 · Advertising and promotion

    total $194,158

  • 13 · Office expenses

    total $67,341

  • 17 · Travel

    total $28,207

  • 22 · Depreciation, depletion and amortization

    total $6,038

  • 23 · Insurance

    total $2,446

  • 24a · Other expenses: PRGM DEVELOPMENT EVENTS

    total $384,169

  • 24b · Other expenses: DONATED EXPENSES

    total $41,846

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,145,895 · end of year $570,773

  • 3 · Pledges and grants receivable

    beginning of year $71,659 · end of year $90,000

  • 4 · Accounts receivable

    end of year $80,857

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,235 · end of year $11,022

  • 10a · Land, buildings and equipment: cost or other basis

    $6,010

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,007

  • 10c · Land, buildings and equipment, net

    beginning of year $3,007 · end of year $1,003

  • 14 · Intangible assets

    beginning of year $16,135 · end of year $12,100

  • 17 · Accounts payable and accrued expenses

    beginning of year $236,717 · end of year $61,167

  • 19 · Deferred revenue

    beginning of year $673,990 · end of year $814,310

  • 27 · Net assets without donor restrictions

    beginning of year $344,224 · end of year -$119,722

  • 28 · Net assets with donor restrictions

    end of year $10,000

Mission and programs · 2023

Mission

SEE SCHEDULE O

  • 100WF PRODUCES EDUCATION EVENTS THROUGHOUT THE YEAR. LED BY INDUSTRY ICONS AND EXPERTS, OUR PANELS AND PRESENTATIONS GO DEEP INTO TOPICS RELATED TO THE FINANCE, ALTERNATIVE INVESTMENTS, MACRO TRENDS, AND LEADERSHIP AND PROFESSIONAL DEVELOPMENT. EDUCATION EVENTS ARE FREE OF CHARGE TO MEMBERS WHO HAVE PAID AN ANNUAL ACCESS FEE AND ARE HOSTED BY CORPORATE SPONSORS WHO PROVIDE BOTH THE EVENT LOCATION AND OFTEN ACCESS TO HIGH-LEVEL SPEAKERS. WE HOSTED 160 EDUCATION EVENTS (INCLUDING VIRTUAL EVENTS) IN 2023, WITH OVER 9511 ATTENDEES. 100WF SUPPORTS THE PRODUCTION OF THESE EVENTS THROUGH THE STAFF SUPPORT OF VOLUNTEERS AND THE PROGRAMMING AND HOSTING OF OUR PROPRIETARY EVENT PLATFORM.

  • 100WF PRODUCES PEER ENGAGEMENT EVENTS THROUGHOUT THE YEAR. WE BELIEVE ACHIEVING GENDER PARITY IN SENIOR LEADERSHIP AND INVESTMENT ROLES WILL STRENGTHEN OUR INDUSTRY AND THE BROADER GLOBAL ECONOMY. OUR TARGETED INITIATIVES AND NETWORKING OPPORTUNITIES HELP POSITION WOMEN FOR SUCCESS AT EVERY STAGE OF THEIR CAREERS. PEER ADVISORY GROUPS ARE CIRCLES OF FEMALE SENIOR PRACTITIONERS WORKING IN THE SAME SPECIALIZED AREAS. EARLY CAREER GROUPS ARE FINANCE PROFESSIONALS IN THE FIRST DECADE OF THEIR CAREER. MIDCAREER GROUPS ARE FINANCE PROFESSIONALS WITH 10-20 YEARS' EXPERIENCE IN THE FINANCE INDUSTRY. SENIOR PRACTITIONERS ARE FINANCE PROFESSIONALS WITH 20+ YEARS OF EXPERIENCE. THESE GROUPS PROVIDE AN EFFECTIVE INFRASTRUCTURE FOR OUR MEMBERS TO ENGAGE WITH ONE ANOTHER TO LEVERAGE COLLECTIVE WISDOM, SKILLS AND EXPERIENCE.PEER ENGAGEMENT EVENTS ARE GENERALLY FREE OF CHARGE TO MEMBERS AND ARE OFTEN HOSTED BY CORPORATE SPONSORS WHO PROVIDE THE EVENT LOCATION. WE HOSTED 136 PEER ENGAGEMENT EVENTS (INCLUDING VIRTUAL EVENTS) IN 2023, WITH AROUND 4,000 ATTENDEES. 100WF SUPPORTS THE PRODUCTION OF THESE EVENTS THROUGH THE STAFF AND SUPPORT OF VOLUNTEERS AND THE PROGRAMMING AND HOSTING OF OUR PROPRIETARY EVENT PLATFORM.

  • GLOBAL FUNDWOMEN WEEK ("GFWW") CONFERENCE. SINCE 2014, 100WF HAS HOSTED INVESTMENT CONFERENCES FOR FEMALE FUND MANAGERS AND THE BROAD COMMUNITY OF INSTITUTIONAL INVESTMENT ALLOCATORS TO ENGAGE WITH ONE ANOTHER AND EXPLORE BUSINESS OPPORTUNITIES. IN 2023, 100WF PRODUCED A VIRTUAL, WEEKLONG EVENT OF TARGETED INTRODUCTIONS AND ROUNDTABLE SESSIONS WITH 45 LIVE SPOTLIGHT SESSIONS, 60+ VOLUNTEERS, 1200+ PARTICIPANTS AND 90+ SPEAKERS. THE SPOTLIGHTS TOOK THE FORMAT OF FIRESIDE CHATS, PANELS, MINI-PRESENTATIONS ON THE LATEST INVESTMENT TRENDS, DEEP DIVES ON MANAGERS' INVESTMENT STRATEGIES, DUE DILIGENCE BEST PRACTICES, PERSPECTIVES FROM LEADING ALLOCATORS OR SMALL GROUP DISCUSSIONS BETWEEN ALLOCATORS AND MANAGERS. THESE WERE THE HIGHLIGHTS OF GFWW, CONNECTING OUR VETTED FEMALE MANAGERS WITH ASSET ALLOCATORS, SHOWCASING THE ALPHA OPPORTUNITIES PRESENTED BY THESE DIVERSE MANAGERS AND ADDRESSING THE NEEDS AND OPPORTUNITIES FROM THE ALLOCATORS' PERSPECTIVES. GFWW FACILITATED IN-PERSON PROGRAMMING FOR THE FIRST TIME SINCE THE PRE-PANDEMIC 2019 CONFERENCE. PARTICIPANTS GATHERED IN MIDTOWN MANHATTAN FOR A FULL DAY OF CONTENT, CURATED SPEED NETWORKING SESSIONS AND TOPICAL ROUNDTABLE DISCUSSIONS.THE EVENT WAS ATTENDED BY OVER 300 DELEGATES, OVER 60 FUND MANAGERS, OVER 120 ALLOCATORS WITH OVER 500 1:1 MEETINGS, 18 ROUNDTABLES, 30 SPEAKERS, 25 SPONSORS, MEDIA AND PARTNER ORGANISATIONS AND OVER 50 VOLUNTEERS.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Carole Crawford

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Barbara Novick

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Sarah Dyer Dana

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michelle Morris

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Dagmar Baeuerle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • Rupal Bhansali

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related
  • Christina Bodden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related
  • Ulrike Hoffmann-Burchardi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related
  • Amy Flikerski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Wayne Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Archana Parekh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Lisa Petrelli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Ulrika Robertsson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Sherri Rossoff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Amando Senra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Heather Wyckoff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Amanda Pullinger

    FORMER CEO

    Total calculated
    $483,378
    From this org
    $466,782
    From related orgs
    $0
    Other
    $16,596
    Hours/week
    32 + 8 related

    Schedule J breakdown matched by us

    Base
    $386,782
    Bonus
    $80,000
    Other
    $0
    Deferred
    $5,000
    Nontaxable benefits
    $11,596
    Filer's total
    $483,378
  • Michelle Bushe

    CFO

    Total calculated
    $36,030
    From this org
    $29,951
    From related orgs
    $0
    Other
    $6,079
    Hours/week
    32 + 8 related
  • Nicole Wiley

    COO/CDO

    Total calculated
    $207,345
    From this org
    $190,606
    From related orgs
    $0
    Other
    $16,739
    Hours/week
    32 + 8 related

    Schedule J breakdown matched by us

    Base
    $190,606
    Bonus
    $0
    Other
    $0
    Deferred
    $5,000
    Nontaxable benefits
    $11,739
    Filer's total
    $207,345
  • Joan Werner

    FINANCE DIRECTOR

    Total calculated
    $131,202
    From this org
    $114,583
    From related orgs
    $0
    Other
    $16,619
    Hours/week
    32 + 8 related
  • Alexis Belladonna

    GLOBAL DIRECTOR OF MEMBERSHIP

    Total calculated
    $129,064
    From this org
    $111,395
    From related orgs
    $0
    Other
    $17,669
    Hours/week
    32 + 8 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 4A
AMANDA PULLINGER, FMR CEO RECEIVED $60,500.01 IN SEVERANCE DURING 2023.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 100 WOMEN IN FINANCE LIMITED

    PRODUCING 100 WOMEN IN FINANCE ANNUAL LONDON GALA · UK · income $173,552 · assets $48,713

    Directly controlled by 100 WOMEN IN FINANCE ASSOCIATION

  • 100 WOMEN IN FINANCE CAYMAN

    PRODUCING CAYMAN ISLAND GALA AND SUPPORTING GIRL FORCE · CJ · income $156,560 · assets $132,330

    Directly controlled by 100 WOMEN IN FINANCE ASSOCIATION

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433179349303513

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