Overview
What is The Bow Collective?
The Bow Collective is a nonprofit organization situated in Washington, D.C. (specifically at 2000 M Street NW, Suite 750-B). Their primary mission is to create a strong network and social capital, ultimately aiming to increase visibility and opportunities for Black women-owned businesses. They strive to serve as a unifying platform, encouraging the media, public/private sector, and lending institutions to engage with and support these businesses. With over 300,000 lines of credit available, they aim to foster a powerful sisterhood and spur growth in this underrepresented business demographic.
Official website here: www.thebowcollective.org
Is The Bow Collective legitimate?
The Bow Collective is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bow Collective 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.thebowcollective.org
What is the mission statement of The Bow Collective?
The Bow Collective's mission is centered around fostering a powerful sisterhood and building social capital. Their primary goal is to raise awareness for businesses owned by black women, with a strategy to unify these businesses and present them as a collective to potential partners in the media, public/private sector, and lending institutions. The aim is to create a platform that encourages these entities to engage in business with black women-owned enterprises, thereby providing them with access to opportunities and resources they might otherwise miss. The organization has already facilitated over 300,000 lines of credit for such businesses.
Official website here: www.thebowcollective.org
Who is the CEO of The Bow Collective?
Nicole Cober Esq is the Ceo of The Bow Collective. The CEO's salary of The Bow Collective is $0 and their total compensation is $0.
Official website here: www.thebowcollective.org
What is the revenue of The Bow Collective?
The Bow Collective's revenue in 2022 was $126,375.
Official website here: www.thebowcollective.org
Who are the executives of The Bow Collective and what are their salaries?
There 6 volunteers at The Bow Collective.
Here are 6 key members and their salaries (The Bow Collective's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.thebowcollective.org
Where can I find the form 990 for The Bow Collective?
The Bow Collective's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebowcollective.org
Learn more at the official website: www.thebowcollective.org
Mission Statement of The Bow Collective
The Bow Collective, a notable organization, is dedicated to establishing a powerful sisterhood and fostering social capital. Their primary mission is to raise awareness for businesses owned by Black women, aiming to create a unified and strategic platform. They strive to serve as a bridge between the media, the public/private sector, and lending institutions, encouraging them to seek out and conduct business with these enterprises. By doing so, The Bow Collective aims to secure over 300,000 lines of credit for businesses owned by Black women. In essence, this nonprofit organization works to empower and uplift Black women entrepreneurs by bringing them into the spotlight and providing them with much-needed financial resources.
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Impact
October, 2024
The Bow Collective has made a significant impact by fostering a powerful sisterhood and enhancing social capital among Black women entrepreneurs. By creating a unified platform, it raises awareness of their businesses, enabling greater visibility and access to resources. Notably, the collective has secured over $300,000 in lines of credit for Black women-owned businesses, facilitating crucial financial support for their growth and sustainability.
Through strategic initiatives, The Bow Collective bridges the gap between these entrepreneurs and media, public, and private sectors, ensuring that Black women are recognized as valuable contributors to the economy. This not only strengthens individual businesses but also cultivates a sense of community and mutual benefit, empowering members to support one another while navigating the complexities of entrepreneurship. In essence, The Bow Collective is not just igniting opportunities for business; it is transforming the landscape for Black women in entrepreneurship.
This information is meant to be a general summary of The Bow Collective. 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.
- Program Service Revenue: $27,798
- Gross Receipts: $126,375
Assets and Liabilities:
- Total Assets: $95,754
- Total Liabilities: $87,199
- Net Assets: $8,555
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BANKERS EVENT
Revenue
$9,632
Q2 EVENT
Revenue
$9,169
APPLICATION FEES
Revenue
$4,735
Q3 EVENT
Revenue
$3,432
TICKET PURCHASE
Revenue
$580
Organization Details
Founding Year
2022
Phone
(703) 819-6770Principal Officer
Nicole Cober Esq
Main Address
2000 M STREET NW STE 750-B, WASHINGTON, DC, 20036
Website
www.thebowcollective.orgNTEE Category
Code: Y12 - Mutual benefit
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