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Nonprofiteer
← GREATER WOMENS BUSINESS COUNCIL INC

Form 990 for tax year 2023

Filed by GREATER WOMENS BUSINESS COUNCIL INC.

Totals

Total revenue
$1,381,389
Total expenses
$1,499,474
Contributions and grants received
$220,703
Grants paid
$4,400
Program service revenue
$1,160,643
Investment income
$43
Other revenue
$0
Total assets, end of year
$810,493
Total liabilities, end of year
$93,102
Net assets or fund balances, end of year
$717,391
Program services expenses (Part IX)
$1,387,429
Management and general expenses
$71,903
Fundraising expenses
$40,142
Program service expenses (Part III)
$1,387,429

Program services were 92.5% 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

    $220,703

  • 2a · Program service revenue: CERTIFICATIONS

    total $705,399 · related or exempt $705,399

  • 2b · Program service revenue: PROGRAMS

    total $325,663 · related or exempt $325,663

  • 2c · Program service revenue: EDUCATION

    total $129,581 · related or exempt $129,581

  • 3 · Investment income

    total $43 · excluded $43

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,900 · program services $1,900

  • 2 · Grants to domestic individuals

    total $2,500 · program services $2,500

  • 5 · Compensation of officers, directors and key employees

    total $183,607 · program services $164,145 · management and general $10,466 · fundraising $8,996

  • 7 · Other salaries and wages

    total $360,692 · program services $322,459 · management and general $20,559 · fundraising $17,674

  • 9 · Other employee benefits

    total $39,333 · program services $35,164 · management and general $2,242 · fundraising $1,927

  • 10 · Payroll taxes

    total $45,744 · program services $40,895 · management and general $2,607 · fundraising $2,242

  • 11b · Fees: legal

    total $20,439 · program services $16,351 · management and general $3,066 · fundraising $1,022

  • 11g · Fees: other

    total $302,781 · program services $294,935 · management and general $5,885 · fundraising $1,961

  • 12 · Advertising and promotion

    total $119,931 · program services $116,993 · management and general $2,938

  • 13 · Office expenses

    total $80,022 · program services $72,924 · management and general $5,323 · fundraising $1,775

  • 14 · Information technology

    total $20,593 · program services $17,622 · management and general $2,377 · fundraising $594

  • 16 · Occupancy

    total $20,208 · program services $16,167 · management and general $3,031 · fundraising $1,010

  • 17 · Travel

    total $33,673 · program services $26,938 · management and general $5,051 · fundraising $1,684

  • 19 · Conferences, conventions and meetings

    total $238,323 · program services $238,323

  • 22 · Depreciation, depletion and amortization

    total $1,122 · program services $898 · management and general $168 · fundraising $56

  • 23 · Insurance

    total $9,240 · program services $7,392 · management and general $1,386 · fundraising $462

  • 24a · Other expenses: MISCELLANEOUS

    total $18,946 · program services $11,487 · management and general $6,741 · fundraising $718

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $420 · program services $336 · management and general $63 · fundraising $21

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $597,053 · end of year $541,193

  • 2 · Savings and temporary cash investments

    beginning of year $98,602 · end of year $86,487

  • 4 · Accounts receivable

    beginning of year $229,306 · end of year $91,419

  • 9 · Prepaid expenses and deferred charges

    end of year $10,605

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

    $81,878

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

    $81,650

  • 10c · Land, buildings and equipment, net

    beginning of year $1,351 · end of year $228

  • 15 · Other assets

    end of year $80,561

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,587 · end of year $60,852

  • 19 · Deferred revenue

    beginning of year $87,250 · end of year $32,250

  • 27 · Net assets without donor restrictions

    beginning of year $835,475 · end of year $717,391

Mission and programs · 2023

Mission

OUR PURPOSE IS TO ADVANCE, PROMOTE, AND ADVOCATE FOR WOMEN BUSINESS OWNERS THROUGH EDUCATION, MENTORING, CERTIFICATION AND CORPORATE PARTNERING.

Activities or mission (Part I)

TO ADVANCE, PROMOTE, AND ADVOCATE WOMEN BUSINESS OWNERS THROUGH EDUCATION, MENTORING, CERTIFICATION AND CORPORATE PARTNERING.

  • CERTIFIED/RECERTIFIED OVER 1,200 WOMEN BUSINESSES TO CREATE A NETWORK OF WOMEN OWNED BUSINESSES THAT MEET THE PROCUREMENT STANDARDS FOR SERVICES AND PRODUCTS.

    Expenses $693,752 · Revenue $705,399

  • SPONSORED QUARTERLY EVENTS THAT INCLUDE TABLES OF 8; QUARTERLY MARKETPLACE EVENT, PROCUREMENT MATCHMAKER SESSIONS; 1 DAY MARKETPLACE EVENT AND ANNUAL LACE AWARDS DINNER; THESE EVENTS ARE CREATED TO SUPPORT OUR MISSION OF ENHANCING THE COMPETITIVE VALUE OF WOMEN BUSINESS ENTERPRISES IN THE BUSINESS COMMUNINITY AT LARGE.

    Expenses $497,620 · Revenue $325,663

  • EDUCATION SERVICES PROVIDED TO OUR WOMEN BUSINESS ENTERPRISES INCLUDE THE MENTOR PROTEGE PROGRAM AND EDUCATION COHORTS.

    Expenses $196,057 · Grants $4,400 · Revenue $129,581

As filed on the 2023 return.

Listed in Part VII

  • Roz Lewis

    EX-OFFICIO/P

    Total calculated
    $183,607
    From this org
    $170,681
    From related orgs
    $0
    Other
    $12,926
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $170,681
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $12,926
    Filer's total
    $183,607

  • Dwan Armstrong

    PARLIAMENTAR

    Total calculated
    $0
    Hours/week
    1

  • Sesley Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cathie Brumfield

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Danielle Cheung

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tammy Cohen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Anita Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Patrick Dierberger

    1ST VICE CHA

    Total calculated
    $0
    Hours/week
    1

  • Tameka Harper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sushumna Roy Jalajam

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sheila Jordan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lissa Miller

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Greg Munoz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Pulliam

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kanchana Raman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tai Roberson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Vera

    SECRETARY

    Total calculated
    $0
    Hours/week
    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. 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 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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
2023
Filed
1 May 2024
IRS schema version
2023v5.0
Source object
202423579349300002

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