Overview
What is The Women's Edge?
The Women's Edge, a nonprofit entity, is dedicated to fostering women entrepreneurship. They achieve this objective by offering various educational opportunities, such as workshops, classes, and forums. These platforms are designed to facilitate the formation of supportive peer groups, enabling women to share experiences and learn from one another. Moreover, The Women's Edge helps women connect with skilled mentors and essential resources, providing them with the necessary guidance and tools to navigate their entrepreneurial journeys effectively. This nonprofit organization is committed to empowering women in business and fostering a thriving ecosystem for female entrepreneurs.
Official website here: www.thewomensedge.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Women's Edge has achieved an impressive Four-Star rating on Charity Navigator, signifying strong accountability and financial health. The overall score reflects a 100% focus on accountability and finance, highlighting the organization’s commitment to transparency and ethical governance. This high score indicates that the nonprofit is effectively managing its resources and is a trustworthy option for potential donors.
One of the key strengths of The Women's Edge is its fully independent board, which comprises 17 members, all of whom are independent. This structure enhances the organization's governance, as it minimizes conflicts of interest and promotes objective decision-making. Additionally, the charity's financial practices are robust, with high marks across various financial metrics, including a low liabilities-to-assets ratio and a significant program expense ratio of nearly 80%, indicating that most of its funds are directed towards its mission rather than administrative costs.
While the data does not indicate any specific weaknesses, the lack of details on program impact and outcomes could suggest areas for potential improvement in showcasing the effectiveness of their initiatives. Overall, The Women's Edge stands out as a well-managed organization with a strong financial foundation and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Women's Edge legitimate?
The Women's Edge is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Women's Edge submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $418,534
For more financial information, click here
Official website here: www.thewomensedge.org
What is the mission statement of The Women's Edge?
The Women's Edge, as part of its mission, focuses on promoting women entrepreneurship. This is accomplished through the organization's provision of workshops, educational classes, and forums. These initiatives aim to facilitate the formation of supportive peer groups among women, enable them to connect with experienced mentors, and help them access necessary resources. By doing so, The Women's Edge seeks to empower women in their entrepreneurial pursuits and foster a conducive environment for their business growth.
Official website here: www.thewomensedge.org
Who is the CEO of The Women's Edge?
Elizabeth Hailer is the CEO of The Women's Edge The CEO's salary of The Women's Edge is $0 and their total compensation is $0.
Official website here: www.thewomensedge.org
What is the revenue of The Women's Edge?
The Women's Edge's revenue in 2023 was $892,881.
Official website here: www.thewomensedge.org
Who are the executives of The Women's Edge and what are their salaries?
The average compensation at The Women's Edge during 2023 was $104,634. There are 4 employees at The Women's Edge.
Here are 18 key members and their salaries (The Women's Edge's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.thewomensedge.org
Where can I find the form 990 for The Women's Edge?
The Women's Edge's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thewomensedge.org
Learn more at the official website: www.thewomensedge.org
Mission Statement of The Women's Edge
The Women's Edge, as an organization, is dedicated to fostering women entrepreneurship. They achieve this mission by offering a variety of educational platforms, including workshops, classes, and forums. These platforms serve to facilitate the formation of supportive peer groups among women, enabling them to share experiences and learn from one another. Furthermore, The Women's Edge assists women in their entrepreneurial journey by connecting them with skilled mentors. These mentors provide valuable guidance and insights, helping women navigate the challenges of starting and running a business. Additionally, The Women's Edge helps women access the necessary resources they require to succeed in their entrepreneurial pursuits. By offering these services, The Women's Edge plays a crucial role in empowering women to become successful entrepreneurs.
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Impact
July, 2024
The Women's Edge has a significant impact on promoting women entrepreneurship. It provides workshops, classes, and forums that help women form supportive peer groups, find skilled mentors, and connect with the resources they need in order to succeed in their entrepreneurial endeavors. This organization plays a crucial role in empowering women to start and grow their businesses, ultimately contributing to the growth and success of female entrepreneurs in Andover, MA, and beyond.
This information is meant to be a general summary of The Women's Edge. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $769,366
- Gross Receipts: $892,881
Assets and Liabilities:
- Total Assets: $372,723
- Total Liabilities: $127,942
- Net Assets: $244,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STRATEGIES FOR SUCCESS
Revenue
$259,000
TOP 100/TOP WOMEN
Revenue
$176,888
OTHER PROGRAMS
Revenue
$170,677
CEO FORUMS
Revenue
$78,476
EWAH
Revenue
$41,275
Organization Details
Founding Year
1997
Principal Officer
Elizabeth Hailer
Website
www.thewomensedge.orgNTEE Category
Code: B60 - Education
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