Overview
What is Women Business Collaborative?
Women Business Collaborative is a pioneering organization based in Washington D.C., with a mission to promote gender equality in the business world. They achieve this through various educational initiatives, such as webinars, events, resource and report publications, and social media engagements. Their activities aim to facilitate equal positions, pay, and power for women in business. The organization collaborates with 83 partner organizations, reaching an estimated 1.7 million individuals. The Women Business Collaborative serves as an accelerator for businesswomen, working towards increasing the representation of diverse women in C-suite and boardroom positions, advocating for gender diversity in the workplace, and supporting the growth of women-owned businesses. With a workforce of 21 employees, they are dedicated to rapidly transforming the landscape of business leadership.
Official website here: www.wbcollaborative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Women Business Collaborative has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The rating is based solely on the Accountability & Finance beacon, where the organization scored exceptionally well across various metrics, including an independent board made up of 93% members and effective oversight practices.
Strengths highlighted in the evaluation include a robust financial management system, with no reported material diversion of assets and a low liabilities to assets ratio of 9.44%. Additionally, the organization demonstrates efficiency in its fundraising efforts, with a cost of only $0.10 to raise a dollar, and a significant portion of its expenses directed toward programs, at 67.61%.
While the overall performance is commendable, it's important to note that the assessment focused exclusively on financial metrics, and no qualitative feedback regarding program impact or community engagement was included. Nevertheless, the strong financial practices and governance structure position the Women Business Collaborative as a trustworthy organization.
This AI summary has been generated from information found on Charity Navigator.
Is Women Business Collaborative legitimate?
Women Business Collaborative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women Business Collaborative 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: $412,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $375,705
For more financial information, click here
Official website here: www.wbcollaborative.org
What is the mission statement of Women Business Collaborative?
The Women Business Collaborative serves as an accelerator organization, committed to hastening the progress of women in significant board and C-suite positions. They are dedicated to fostering a movement that aims to substantially alter the numbers of women in these roles. The Women Business Collaborative is an unprecedented alliance, consisting of women's business organizations, corporations, trade associations, researchers, and the media. This alliance works together to promote the advancement of diverse female representation in C-suites and boardrooms, achieve gender diversity in the workplace, and encourage the growth of women-owned businesses, facilitating their access to capital and more women in leadership roles in capital firms.
Official website here: www.wbcollaborative.org
Who is the CEO of Women Business Collaborative?
Gwen Young is the Ceo of Women Business Collaborative. The CEO's salary of Women Business Collaborative is $187,789 and their total compensation is $187,789.
Official website here: www.wbcollaborative.org
What is the revenue of Women Business Collaborative?
Women Business Collaborative's revenue in 2022 was $2,369,596.
Official website here: www.wbcollaborative.org
Who are the executives of Women Business Collaborative and what are their salaries?
The average compensation at Women Business Collaborative during 2022 was $37,557. There are 21 employees and 39 volunteers at Women Business Collaborative.
Here are 17 key members and their salaries (Women Business Collaborative's CEO's salary is $187,789 and their total compensation is $187,789):
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- Compensation: $205,503
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- Other: $19,693
Official website here: www.wbcollaborative.org
Where can I find the form 990 for Women Business Collaborative?
Women Business Collaborative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wbcollaborative.org
Learn more at the official website: www.wbcollaborative.org
Mission Statement of Women Business Collaborative
Women Business Collaborative serves as an accelerator organization, committed to promoting the advancement of businesswomen. Their mission is to build a swift movement aimed at significantly increasing the number of women holding influential positions, such as C-suite roles and board positions. The Women Business Collaborative is an unprecedented alliance of various women's business organizations, corporations, trade associations, researchers, and media entities. Together, they work towards expediting the progress of diverse woman representation in C-suites and boardrooms, achieving gender diversity in the workplace, and fostering the growth of women-owned businesses and their access to capital sources. Additionally, the organization strives to boost the presence of women in leadership roles within capital firms.
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Impact
July, 2024
Women Business Collaborative's impact includes providing educational forums, events, newsletters, website resources, and social media engagements focused on advancing women in business. Their efforts aim to facilitate equal position, pay, and power for all women in business through webinars, events, reports, and monthly publications. With partnerships with 83 organizations, their program services reach an estimated 1.7 million individuals. They are dedicated to accelerating the advancement of women in significant board and C-suite positions, achieving gender diversity in the workplace, and supporting the growth of women-owned businesses and their access to capital.
This information is meant to be a general summary of Women Business Collaborative. 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.
- Investment Income: $2,019
- Gross Receipts: $2,369,596
Assets and Liabilities:
- Total Assets: $1,805,928
- Total Liabilities: $170,643
- Net Assets: $1,635,285
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Organization Details
Founding Year
2019
Phone
(202) 296-5222Principal Officer
Gwen Young
Main Address
2510 VIRGINIA AVE NW 1204N, WASHINGTON, DC, 20037
Website
www.wbcollaborative.orgNTEE Category
Code: J03 - Employment
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