Overview
What is Michigan Council Of Women In Technology Foundation?
The Michigan Council of Women in Technology Foundation is a dedicated nonprofit organization with a mission to foster and amplify the presence of women in the technology sector. Established to address the pressing issue of gender disparity in the field, the foundation aims to position Michigan as the leading state for women in technology. To achieve this goal, they engage in various activities such as programming, networking, learning, mentoring, and providing exposure to technological advancements. These initiatives cater to both professional women and aspiring students in the IT field, fostering an environment that encourages growth and inspires future generations.
Official website here: www.mcwt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Michigan Council Of Women In Technology Foundation has received a solid Three-Star rating from Charity Navigator, reflecting its strong focus on accountability and finance. With an Accountability & Finance score of 88%, the organization demonstrates a commitment to maintaining transparency and responsible financial practices. The board of directors is made up entirely of independent members, which is a positive indicator of governance and impartiality.
The foundation exhibits strengths in several areas, such as having no reported material diversion of assets and a healthy liabilities to assets ratio of 6.01%. Additionally, it allocates a commendable 70.63% of its expenses directly towards its programs, showcasing its dedication to fulfilling its mission. The presence of an Audit and Oversight Committee further enhances its financial integrity.
However, there are noted limitations, including the absence of a whistleblower policy and a document retention and destruction policy, which both received zero points. Furthermore, the nonprofit has not posted its tax form on its website as required, which may raise concerns about transparency. Overall, while the Michigan Council Of Women In Technology Foundation shows strong financial accountability, addressing these gaps could improve its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Council Of Women In Technology Foundation legitimate?
Michigan Council Of Women In Technology Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Council Of Women In Technology Foundation 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: $243,204
Professional Fundraising Fees: $0
Other Salaries and Wages: $691,857
For more financial information, click here
Official website here: www.mcwt.org
What is the mission statement of Michigan Council Of Women In Technology Foundation?
The Michigan Council of Women in Technology Foundation's mission is centered around inspiring and fostering the growth of women in the technology field. They aim to make Michigan a leading state in this regard. To achieve this, the foundation conducts various activities such as programming, networking, learning, mentoring, and exposing women, both professionals and students, to advancements in technology. Their vision is to bridge the gender disparity in the tech industry. To further support their mission, the foundation organizes events and initiatives that provide opportunities for women to connect, learn, and gain exposure to technological innovations.
Official website here: www.mcwt.org
What is the revenue of Michigan Council Of Women In Technology Foundation?
Michigan Council Of Women In Technology Foundation's revenue in 2023 was $1,862,033.
Official website here: www.mcwt.org
Who are the executives of Michigan Council Of Women In Technology Foundation and what are their salaries?
The average compensation at Michigan Council Of Women In Technology Foundation during 2023 was $58,441. There are 16 employees and 500 volunteers at Michigan Council Of Women In Technology Foundation.
Here are 16 key members and their salaries:
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Official website here: www.mcwt.org
Where can I find the form 990 for Michigan Council Of Women In Technology Foundation?
Michigan Council Of Women In Technology Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mcwt.org
Learn more at the official website: www.mcwt.org
Mission Statement of Michigan Council Of Women In Technology Foundation
The Michigan Council of Women in Technology Foundation is dedicated to inspiring and fostering the growth of women in the technology sector. Their ultimate goal is to position Michigan as the leading state for female professionals in this field. Established to address the critical issue of gender disparity, the organization undertakes various activities to increase and support women in IT. These activities encompass programming, networking, learning, mentoring, and exposing female professionals and students to technology advancements. Through these initiatives, the Michigan Council of Women in Technology Foundation aims to empower and encourage women to excel in the technology industry, ultimately contributing to a more balanced and inclusive workforce.
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Impact
July, 2024
The Michigan Council of Women in Technology Foundation's impact lies in its mission to inspire and grow women in the field of technology. By offering programming, networking opportunities, learning resources, mentoring, and exposure to technology advancements, the foundation is actively working to address the critical issue of gender disparity in the IT industry. Through these key organizational activities, MCWT is contributing to the increased representation and support of women in technology, both among professionals and students, with the ultimate vision of making Michigan the number one state for women in IT.
This information is meant to be a general summary of Michigan Council Of Women In Technology Foundation. 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: $41,300
- Program Service Revenue: $414,060
- Gross Receipts: $2,378,630
Assets and Liabilities:
- Total Assets: $1,858,265
- Total Liabilities: $111,731
- Net Assets: $1,746,534
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
K-12
Revenue
$225,144
MEMBERSHIP PROGRAM
Revenue
$184,427
SCHOLARSHIP/COLLEGE
Revenue
$4,489
Organization Details
Founding Year
2003
Principal Officer
Orletta Caldwell
Website
www.mcwt.orgNTEE Category
Code: O50 - Youth development
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