Overview
What is The Wit Network Inc?
The Wit Network Inc, based in Cedar Knolls, New Jersey, is a global community of both women and men who are dedicated to inspiring and supporting women and girls in pursuing careers in the technology sector. This nonprofit organization aims to facilitate the attainment of leadership positions and career advancement for women, as well as encourage and assist female entrepreneurs in starting and growing profitable businesses in the tech industry. By fostering a global community, The Wit Network Inc seeks to empower women and girls in STEM fields and contribute to the diversification of the technology sector.
Official website here: www.thewitnetwork.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 12%, Zero-Star out of Four Star rating.
The Wit Network Inc has received a low rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The organization scored only 12%, which is derived solely from its Accountability & Finance beacon. The lack of independent board members and missing financial statements significantly contributed to this poor evaluation.
Key areas of concern include the absence of a conflict of interest policy and a whistleblower policy, which are critical for transparency and governance. Additionally, the nonprofit did not provide essential documentation such as board meeting minutes and tax forms on its website, further impacting its score negatively. Notably, the organization has a high liabilities to assets ratio and a low program expense ratio, suggesting that a minimal portion of its funds is directed toward its charitable activities.
Overall, The Wit Network Inc's rating reveals serious deficiencies in governance and financial reporting, raising questions about its operational effectiveness and commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is The Wit Network Inc legitimate?
The Wit Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wit Network Inc 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.thewitnetwork.com/
What is the mission statement of The Wit Network Inc?
The Wit Network Inc is a global community that encourages women and girls to study STEM and pursue careers in the technology sector. It aims to enable more women to attain leadership positions and career advancement in this field. Furthermore, the organization supports female entrepreneurs in starting and developing profitable businesses. This global community serves as a platform to empower women in the tech industry.
Official website here: www.thewitnetwork.com/
Who is the CEO of The Wit Network Inc?
Christine Bongard is the President of The Wit Network Inc.
Official website here: www.thewitnetwork.com/
What is the revenue of The Wit Network Inc?
The Wit Network Inc's revenue in 2022 was $587,416.
Official website here: www.thewitnetwork.com/
Who are the executives of The Wit Network Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.thewitnetwork.com/
Where can I find the form 990 for The Wit Network Inc?
The Wit Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thewitnetwork.com/
Learn more at the official website: www.thewitnetwork.com/
Mission Statement of The Wit Network Inc
The Wit Network, a global community of both professional women and men, is dedicated to encouraging all women and girls to explore and pursue careers in the STEM field and technology sector. This organization goes beyond encouragement, actively working to enable more women to secure leadership positions and experience career advancement. Furthermore, The Wit Network supports aspiring female entrepreneurs by helping them launch and develop profitable businesses. By fostering a supportive environment for women in these areas, The Wit Network aims to bridge the gender gap in the tech industry and promote gender equality in leadership roles.
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Impact
July, 2024
The Wit Network Inc has a significant impact on promoting diversity and gender equality in the technology sector. By encouraging women and girls to study STEM fields and pursue careers in technology, the organization is contributing to a more inclusive and diverse workforce. Additionally, by supporting women in attaining leadership positions and providing resources for female entrepreneurs, The Wit Network Inc is empowering women to excel in their careers and create successful businesses. Through initiatives like the International Women's Day Conference, the organization is helping to raise awareness and advocate for gender equality in the technology industry. Overall, The Wit Network Inc is making a tangible difference in advancing opportunities for women in the technology sector and beyond.
This information is meant to be a general summary of The Wit Network Inc. 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 2022.
- Gross Receipts: $587,416
Assets and Liabilities:
- Total Assets: $321,735
- Total Liabilities: $0
- Net Assets: $321,735
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Organization Details
Founding Year
2018
Phone
(972) 717-7107Principal Officer
Christine Bongard
Main Address
178 EAST HANOVER AVE STE 103, CEDAR KNOLLS, NJ, 07927
Website
www.thewitnetwork.com/NTEE Category
Code: P99 - Human services
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