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Nonprofiteer
← WOMEN BUSINESS COLLABORATIVE

Form 990 for tax year 2022

Filed by WOMEN BUSINESS COLLABORATIVE.

Totals

Total revenue
$2,369,596
Total expenses
$1,716,099
Contributions and grants received
$2,367,577
Grants paid
$0
Program service revenue
$0
Investment income
$2,019
Other revenue
$0
Total assets, end of year
$1,805,928
Total liabilities, end of year
$170,643
Net assets or fund balances, end of year
$1,635,285
Program services expenses (Part IX)
$1,181,597
Management and general expenses
$224,367
Fundraising expenses
$310,135
Program service expenses (Part III)
$1,181,597

Program services were 68.9% 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

    $2,367,577

  • 3 · Investment income

    total $2,019 · excluded $2,019

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $412,986 · program services $296,168 · management and general $43,495 · fundraising $73,323

  • 7 · Other salaries and wages

    total $375,705 · program services $190,677 · management and general $44,623 · fundraising $140,405

  • 9 · Other employee benefits

    total $2,116 · program services $1,692 · management and general $212 · fundraising $212

  • 10 · Payroll taxes

    total $55,975 · program services $34,580 · management and general $6,252 · fundraising $15,143

  • 11b · Fees: legal

    total $8,430 · program services $5,308 · management and general $798 · fundraising $2,324

  • 11c · Fees: accounting

    total $19,618 · management and general $19,618

  • 11g · Fees: other

    total $605,246 · program services $474,866 · management and general $59,570 · fundraising $70,810

  • 13 · Office expenses

    total $13,042 · program services $6,682 · management and general $3,434 · fundraising $2,926

  • 14 · Information technology

    total $28,444 · program services $12,106 · management and general $16,338

  • 17 · Travel

    total $25,677 · program services $23,996 · management and general $1,681

  • 19 · Conferences, conventions and meetings

    total $115,971 · program services $115,971

  • 22 · Depreciation, depletion and amortization

    total $1,673 · management and general $1,673

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $21,250 · management and general $21,250

  • 24b · Other expenses: MERCHANT FEES

    total $18,296 · program services $9,373 · management and general $4,818 · fundraising $4,105

  • 24c · Other expenses: PROGRAMS AND EDUCATIONA

    total $7,600 · program services $7,600

  • 24d · Other expenses: LICENSE FEES AND PERMIT

    total $4,070 · program services $2,578 · management and general $605 · fundraising $887

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $904,219 · end of year $1,648,893

  • 3 · Pledges and grants receivable

    beginning of year $200,000 · end of year $133,953

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,424 · end of year $15,525

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

    $9,230

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

    $1,673

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $7,557

  • 17 · Accounts payable and accrued expenses

    beginning of year $88,272 · end of year $47,310

  • 19 · Deferred revenue

    beginning of year $39,583 · end of year $123,333

  • 27 · Net assets without donor restrictions

    beginning of year $981,788 · end of year $1,575,459

  • 28 · Net assets with donor restrictions

    end of year $59,826

Mission and programs · 2022

Mission

WOMEN BUSINESS COLLABORATIVE IS THE ACCELERATOR ORGANIZATION TO ADVANCE BUSINESS WOMEN. WE ARE DEDICATED TO BUILDING A MOVEMENT TO RAPIDLY CHANGE THE NUMBERS OF WOMEN HOLDING SIGNIFICANT BOARD AND C-SUITE POSITIONS. THE WOMEN BUSINESS (CONTINUED ON SCHEDULE O) COLLABORATIVE IS AN UNPRECEDENTED ALLIANCE OF WOMEN'S BUSINESS ORGANIZATIONS, CORPORATIONS, TRADE ASSOCIATIONS, RESEARCHERS AND THE MEDIA ACCELERATING THE ADVANCEMENT OF DIVERSE WOMAN REPRESENTATION IN C-SUITES AND BOARDROOMS; THE ACHIEVEMENT OF GENDER DIVERSITY AND PARTY IN THE WORKPLACE; AND THE GROWTH OF WOMEN-OWNED BUSINESSES AND THEIR ACCESS TO SOURCES OF CAPITAL AND MORE WOMEN IN CAPITAL FIRM LEADERSHIP.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • PROVIDE EDUCATIONAL FORUMS, EVENTS, NEWSLETTERS, WEBSITE, AND SOCIAL MEDIA ENGAGEMENTS FOCUSED ON THE NINE ACTION INITIATIVES SET BY THE ORGANIZATION TO ACHIEVE GOALS OF FACILITATING EQUAL POSITION, PAY AND POWER FOR ALL WOMEN IN BUSINESS. EDUCATIONAL ACTIVITIES PROVIDED THROUGH WEBINARS, EVENTS, RESOURCE AND REPORTS. ACTIVITIES ALSO INCLUDE MONTHLY PUBLICATIONS, RECORDINGS OF EDUCATIONAL CALLS AND EVENTS, AND DAILY SOCIAL MEDIA ENGAGEMENT. PROGRAM SERVICES OVERALL REACH AN ESTIMATED AT 1.7 MILLION INDIVIDUALS AS PART OF PARTNERSHIPS WITH 83 ORGANIZATIONS.

    Expenses $1,181,597

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

Listed in Part VII

  • Edith A Fraser

    CEO

    Total calculated
    $187,789
    From this org
    $187,789
    From related orgs
    $0
    Other
    $0
    Hours/week
    62

    Schedule J breakdown matched by us

    Base
    $187,789
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $187,789
  • Alexandra Jung

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Felicity Hassan

    SECRETARY

    Total calculated
    $0
    Hours/week
    6
  • Paula Bennett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    6
  • Lynne Born

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ana Dutra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Judith Goldkrand

    DIRECTOR

    Total calculated
    $0
    Hours/week
    6
  • Michael Norris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    7
  • Sharon Reynolds

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10
  • Robert Reiss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Patricia Shea

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Kip Wright

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Johanna Zeilstra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Balaji Ganapathy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dan Hesse

    DIRECTOR (START 8/2022)

    Total calculated
    $0
    Hours/week
    3
  • Gerri Mason Hall

    DIRECTOR (START 12/2022)

    Total calculated
    $0
    Hours/week
    3
  • Gwen Young

    COO

    Total calculated
    $225,196
    From this org
    $205,503
    From related orgs
    $0
    Other
    $19,693
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $180,503
    Bonus
    $25,000
    Other
    $0
    Deferred
    $4,700
    Nontaxable benefits
    $14,993
    Filer's total
    $225,196

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

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
DURING THE YEAR, GWEN YOUNG RECEIVED A BONUS OF $25,000.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
8 September 2023
IRS schema version
2022v5.0
Source object
202332519349300808

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