2024-08-22T07:23:43-05:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 833929571 WOMEN BUSINESS COLLABORATIVE WOME 2022965222 2510 VIRGINIA AVE NW 1204N WASHINGTON DC 20037 GWEN YOUNG CEO 2022965222 2024-08-22 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2024-08-08 14:25:15Z GWEN YOUNG 2510 VIRGINIA AVE NW 1204N WASHINGTON DC 20037 1789734 0 X WWW.WBCOLLABORATIVE.ORG X 2019 DC SEE PART III, LINE 1. 14 13 9 20 0 0 2367577 1767972 0 16818 2019 4944 0 0 2369596 1789734 0 0 0 0 846782 1064913 0 0 401808 869317 1002298 1716099 2067211 653497 -277477 1805928 1606909 170643 125768 1635285 1481141 X WOMEN BUSINESS COLLABORATIVE IS THE ACCELERATOR ORGANIZATION TO ADVANCE BUSINESS WOMEN. WE ARE DEDICATED TO BUILDING A MOVEMENT TO RAPIDLY CHANGE THE NUMBERS OF WOMEN HOLDING SIGNIFICANT BOARD AND C-SUITE POSITIONS. THE WOMEN BUSINESS (CONTINUED ON SCHEDULE O) COLLABORATIVE IS AN UNPRECEDENTED ALLIANCE OF WOMEN'S BUSINESS ORGANIZATIONS, CORPORATIONS, TRADE ASSOCIATIONS, RESEARCHERS AND THE MEDIA ACCELERATING THE ADVANCEMENT OF DIVERSE WOMAN REPRESENTATION IN C-SUITES AND BOARDROOMS; THE ACHIEVEMENT OF GENDER DIVERSITY AND PARTY IN THE WORKPLACE; AND THE GROWTH OF WOMEN-OWNED BUSINESSES AND THEIR ACCESS TO SOURCES OF CAPITAL AND MORE WOMEN IN CAPITAL FIRM LEADERSHIP. 0 0 1081277 16818 PROVIDE EDUCATIONAL FORUMS, EVENTS, NEWSLETTERS, WEBSITE, AND SOCIAL MEDIA ENGAGEMENTS FOCUSED ON THE NINE ACTION INITIATIVES SET BY THE ORGANIZATION TO ACHIEVE GOALS OF FACILITATING EQUAL POSITION, PAY AND POWER FOR ALL WOMEN IN BUSINESS. EDUCATIONAL ACTIVITIES PROVIDED THROUGH WEBINARS, EVENTS, RESOURCE AND REPORTS. ACTIVITIES ALSO INCLUDE MONTHLY PUBLICATIONS, RECORDINGS OF EDUCATIONAL CALLS AND EVENTS, AND DAILY SOCIAL MEDIA ENGAGEMENT. PROGRAM SERVICES OVERALL REACH AN ESTIMATED AT 1.7 MILLION INDIVIDUALS AS PART OF PARTNERSHIPS WITH 83 ORGANIZATIONS. 1081277 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X LINDSAY CLARK 7036520205 8401 GREENSBORO DRIVE 500 MCLEAN VA 22102 EDIE FRASER CEO AND CHAIR, FROM 3/2023 30.00 X X 62841 0 0 ALEX JUNG DIRECTOR/TREASURER, UNTIL 10/31/2023 1.00 X X 0 0 0 FELICITY HASSAN DIRECTOR/SECRETARY 10.00 X X 0 0 0 ESTHER AGUILERA DIRECTOR, FROM 3/15/2023 5.00 X 0 0 0 LYNNE BORN DIRECTOR 1.00 X 0 0 0 LAKSHMI ELESWARPU DIRECTOR, FROM 3/15/2023 1.00 X 0 0 0 BALAJI GANAPATHY DIRECTOR 1.00 X 0 0 0 JUDITH GOLDKRAND DIRECTOR/ NOM-GOV 5.00 X 0 0 0 DAN HESSE DIRECTOR 1.00 X 0 0 0 GERRI MASON-HALL DIRECTOR, FROM 3/15/2023 1.00 X 0 0 0 PATRICIA SHEA DIRECTOR, UNTIL 12/1/2023 1.00 X 0 0 0 MICHAEL NORRIS DIRECTOR 5.00 X 0 0 0 SHARON REYNOLDS DIRECTOR 10.00 X 0 0 0 ROBERT REISS DIRECTOR 1.00 X 0 0 0 KIP WRIGHT DIRECTOR 10.00 X 0 0 0 JOHANNA ZEILSTRA DIRECTOR 5.00 X 0 0 0 PAULA BENNETT DIRECTOR/NOM GOV, UNTIL 12/31/2023 2.00 X 0 0 0 GWEN YOUNG COO AND CEO, FROM 3/2023 60.00 X 212706 0 19141 275547 0 19141 1 0 1 0 0 1767972 1767972 PROGRAM INCOME 900099 16818 16818 16818 4944 4944 1789734 16818 0 4944 X 294689 216034 37130 41525 664720 281855 163579 219286 2006 1033 423 550 32666 13194 8294 11178 70832 36491 14922 19419 10730 10730 20918 20918 616875 284526 239879 92470 23266 12790 5636 4840 24459 1795 22210 454 23824 11172 6874 5778 25674 20606 4043 1025 175797 172626 1446 1725 3898 3898 BAD DEBT EXPENSE 40000 40000 PROGRAMS AND EDUCATIONA 19750 19750 MERCHANT FEES 17107 9405 4144 3558 2067211 1081277 584126 401808 738194 1648893 454301 133953 383500 15525 20975 12052 5571 7557 6481 0 3458 1805928 1606909 47310 50768 123333 0 75000 170643 125768 X 1575459 1481141 59826 0 1635285 1481141 1805928 1606909 -277477 123333 0 X 0 1 X 1 0 X 554800 946425 1582414 2367577 1767972 7219188 554800 946425 1582414 2367577 1767972 7219188 686875 6532313 321 274 948 2019 4944 8506 7227694 29618 0.90380 0.87680 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION WAS INCORPORATED MARCH 12, 2019. THEREFORE, THE 2019 COLUMN IS REPORTING A SHORT-YEAR FILING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12052 5571 6481 6481 REFUNDABLE ADVANCE 75000 75000 2285647 495913 495913 1789734 0 1789734 2563124 495913 495913 2067211 0 2067211 X X X 0 0 0 0 0 0 0 1 0 GWEN YOUNG COO AND CEO, FROM 3/2023 212706 0 0 0 0 0 6381 0 12760 0 231847 0 0 0 PART I, LINE 7 EDIE FRASER RECEIVED A BONUS OF $25,000. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND PRESENTED TO THE CEO, LEGAL COUNSEL , AND BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH DIRECTOR, PRINCIPAL OFFICER AND OTHER MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SIGNS A CONFLICT OF INTEREST STATEMENT. IN DETERMINING IF THERE IS A POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MAKES A PRESENTATION AT THE EXECUTIVE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE LEAVES THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE EXECUTIVE COMMITTEE, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE EXECUTIVE COMMITTEE DETERMINES WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT MAKES ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE EXECUTIVE COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORDS THE PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE EXECUTIVE COMMITTEE DETERMINES THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. ALL PROCEEDINGS ARE RECORDED IN THE MINUTES OF THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE CEO INCLUDES THE USE OF COMPARABILITY DATA AND REVIEW AND APPROVAL BY THE BOARD. THE PROCESS IS DOCUMENTED IN THE BOARD MEETING MINUTES. THE LAST COMPENSATION REVIEW TOOK PLACE MARCH 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 108,265. MANAGEMENT AND GENERAL EXPENSES 141,615. FUNDRAISING EXPENSES 82,719. TOTAL EXPENSES 332,599. ENGAGEMENT AND OUTREACH: PROGRAM SERVICE EXPENSES 163,694. MANAGEMENT AND GENERAL EXPENSES 20,587. FUNDRAISING EXPENSES 149. TOTAL EXPENSES 184,430. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 10,772. MANAGEMENT AND GENERAL EXPENSES 66,578. FUNDRAISING EXPENSES 8,230. TOTAL EXPENSES 85,580. SOCIAL MEDIA/DIGITAL ENGAGEMENT: PROGRAM SERVICE EXPENSES 1,795. MANAGEMENT AND GENERAL EXPENSES 11,099. FUNDRAISING EXPENSES 1,372. TOTAL EXPENSES 14,266. FORM 990, PART XI: PRIOR PERIOD ADJUSTMENT A PRIOR PERIOD ADJUSTMENT WAS MADE TO CORRECT THE RECOGNITION OF DEFERRED REVENUE AND REVENUE.