Overview
What is Women's Business Enterprise Center East?
Women's Business Enterprise Center East, established in 1995, is a nonprofit organization based in Philadelphia, Pennsylvania. Its primary objective is to foster the growth and sustainability of women-owned businesses. They provide virtual education and training workshops, covering topics such as market research, financial analysis, business planning, and business coaching. The center is committed to economic empowerment, offering the internationally recognized standard for certification of women-owned businesses, world-class entrepreneurial training, education, tools, and networking opportunities. WBEC-East has supported and developed numerous businesses through a comprehensive menu of entrepreneurial education, training, access to capital, and WBE certification. In the past year alone, they have offered over 250 educational and networking opportunities to over 3,000 women business start-ups and owners. WBEC-East also facilitates relationships and procurement opportunities between women-owned businesses and corporations with supplier diversity initiatives.
Official website here: www.wbeceast.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Women's Business Enterprise Center East has achieved a commendable Four-Star rating from Charity Navigator, reflecting an impressive overall score of 96%. This rating highlights the organization's strong accountability and financial management practices, with notable scores in various governance areas such as independent board membership and robust oversight of financial statements.
The organization demonstrates excellence in transparency and ethical practices, with 100% of its board members being independent and having a comprehensive set of policies in place, including conflict of interest and whistleblower policies. Additionally, it maintains a healthy ratio of liabilities to assets and allocates a substantial 82.27% of its expenses directly to its programs, indicating a strong focus on its mission and effective use of resources.
While the data presents a positive outlook on the organization's functioning, ongoing monitoring and evaluation are essential for continued success. Future assessments will help ensure that the Women's Business Enterprise Center East maintains its high standards and effectively serves its community.
This AI summary has been generated from information found on Charity Navigator.
Is Women's Business Enterprise Center East legitimate?
Women's Business Enterprise Center East is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women's Business Enterprise Center East 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: $0
For more financial information, click here
Official website here: www.wbeceast.com
What is the mission statement of Women's Business Enterprise Center East?
The Women's Business Enterprise Center East is committed to fostering the growth and retention of successful women-owned businesses. It achieves this by offering a trusted standard for certifying women-owned businesses, providing world-class entrepreneurial education and training, and offering networking opportunities. Established in 1995, the center has helped numerous businesses grow through its comprehensive menu of entrepreneurial education, training, access to capital, and Women's Business Enterprise (WBE) certification. In the past year alone, it has offered over 250 educational and networking opportunities to over 3,000 women business start-ups and owners. The center also facilitates relationships and procurement opportunities for women-owned businesses and corporations with supplier diversity initiatives.
Official website here: www.wbeceast.com
Who is the CEO of Women's Business Enterprise Center East?
Elizabeth Walsh is the Director of Women's Business Enterprise Center East.
Official website here: www.wbeceast.com
What is the revenue of Women's Business Enterprise Center East?
Women's Business Enterprise Center East's revenue in 2023 was $1,768,887.
Official website here: www.wbeceast.com
Who are the executives of Women's Business Enterprise Center East and what are their salaries?
There are 16 employees at Women's Business Enterprise Center East.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $213,117
- Related: $0
- Other: $43,323
Official website here: www.wbeceast.com
Where can I find the form 990 for Women's Business Enterprise Center East?
Women's Business Enterprise Center East's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wbeceast.com
Learn more at the official website: www.wbeceast.com
Mission Statement of Women's Business Enterprise Center East
Women's Business Enterprise Center East, established in 1995, is committed to fostering the development and retention of successful women-owned businesses. The nonprofit organization's mission is centered around economic empowerment, achieved through reliable certification of women-owned businesses, world-class entrepreneurial training and education, and provision of tools and networking opportunities. These resources aim to develop and grow thriving businesses, catering to a diverse range of women entrepreneurs, from aspiring micro-entrepreneurs to owners of multi-generational established companies.
WBEC-East offers a comprehensive menu of entrepreneurial education and training, along with access to capital and Women's Business Enterprise (WBE) certification. In the past year alone, the center has provided over 250 educational and networking opportunities to over 3,000 women business start-ups and owners. By facilitating relationships and procurement opportunities for women-owned businesses and corporations with supplier diversity initiatives, WBEC-East plays a vital role in promoting growth and sustainability within the women-owned business community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Women's Business Enterprise Center East (WBEC-East) significantly impacts the landscape of women-owned businesses by fostering their development and sustainability. With a dedicated focus on economic empowerment, WBEC-East provides a robust framework of resources, including virtual education and training workshops that cover essential skills such as market research, financial analysis, and business planning.
Over its years of operation, WBEC-East has supported hundreds of businesses by offering a comprehensive suite of entrepreneurial education, access to capital, and Women's Business Enterprise (WBE) certification. In just the past year, they have delivered over 250 educational and networking opportunities to more than 3,000 women business start-ups and owners.
By facilitating connections between women-owned businesses and corporate entities through supplier diversity initiatives, WBEC-East enhances procurement opportunities that boost economic growth. Their services cater to a wide range of women entrepreneurs, from aspiring micro-entrepreneurs to those managing established multi-generational companies, thus demonstrating a commitment to inclusivity across all socio-economic backgrounds. The result is a thriving community of empowered women business owners who contribute to the economy and create job opportunities.
This information is meant to be a general summary of Women's Business Enterprise Center East. 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.
- Investment Income: $1,777
- Program Service Revenue: $1,014,831
- Gross Receipts: $1,822,745
Assets and Liabilities:
- Total Assets: $2,175,815
- Total Liabilities: $1,058,190
- Net Assets: $1,117,625
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CERTIFICATION FEES
Revenue
$932,005
SCHOLARSHIP CONTRIBUTI
Revenue
$44,666
TRAINING FEES
Revenue
$21,219
PROGRAM EVENT INCOME
Revenue
$16,941
Organization Details
Founding Year
1995
Phone
(215) 790-9232Principal Officer
Elizabeth Walsh
Main Address
123 S BROAD STREET SUITE 500, PHILADELPHIA, PA, 19109
Website
www.wbeceast.comNTEE Category
Code: Z99 - Unknown
If you are a representative of Women's Business Enterprise Center East and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.