2025-07-01T00:38:31Z 2024-12-31 990EZ 2024-01-01 923597018 INSTITUTE FOR WOMEN ENTREPRENEUR EXCELLENCE INC INST 4107409442 10960 GRANTCHESTER WY SUITE 120 COLUMBIA MD 21044 Linda Singh Executive Director 4107409442 2025-06-30 2024 2025-03-06 01:10:19Z X X https://oiwee.org/ X X 0 0 0 0 266040 266040 -266040 329665 63625 329665 63625 329665 63625 329665 63625 In FY 2024, the organization continued development and delivery of the Leading Women Program, serving three cohorts of diverse entrepreneurs with a focus on leadership and business skills. The program included curated assessments, guest lectures, professional development, and follow-on materials. The Institute supported ongoing participant engagement through a cohort portal, course maintenance, and program refinement activities. IWEE continued implementation of the Leading Women Program by conducting ongoing programming, outreach, and support services using funds received in 2023. No new grant funds were received in 2024. Activities included cohort follow-up, curriculum refresh, and administrative operations to maintain continuity of the program. 0 266040 266040 Pamela Allison Board Co Chair 0.50 0 Gail Bassette Board Co Chair 0.50 0 Erica Anthony Secretary 0.50 0 Dr Linda Singh Executive Director 25.00 0 false false false false false false false false false MD TEDCO 10960 Grantchester Wy Suite 120 Columbia MD 21044 4107409442 false false false false false false false false false false false NONE 0 Kaleidoscope Affect LLC 14502 Greenview Dr Suite 446 Laurel MD 20708 Management and execution of training programs and institute 240000 0 true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0.00000 0.00000 0.00000 0.00000 Part II, Line 10 The organization was formed in 2023 and received its initial funding that year. It is in its early development stage and is continuing to build a stable pattern of support from public and governmental sources. Based on current revenue patterns and planned activities, the organization anticipates meeting the public support test in future years. Part II, Line 17 a or 17 b Not applicable. There has been no significant change in sources of support that would affect the organizations public charity classification. Part III, Line 12 The organizations revenue consists solely of exempt function income. It does not receive gross receipts from unrelated business activities. Based on its formation and revenue model, it meets the requirements of Section 509(a)(2). Part IV , Section E Line 1c Not applicable. No notification requirements apply, as the organization does not support any other organization. Part IV Lines 11a, 11b, 11c Not applicable. No distributions or shared operations exist with another organization. Part IV Section b, Lines 1 and 2 Not applicable. The organization is not a Type I supporting organization. Part IV, 5a Not applicable. There are no supported organizations related to this entity. Part IV, 6 Not applicable. No external organizations are granted power over the organization's decisions in the governing documents. Part IV, Lines 2a, 2b, 3a, 3b Not applicable. The organization does not make distributions or perform activities in support of another exempt entity. Part IV, Lines 3b & 3c Not applicable. There are no supported organizations or relationships requiring this disclosure. Part IV, Lines 4b & 4c Not applicable. No directors or officers are appointed by any outside organization. Part IV, Section A, Line 1 The organization is governed by a Board of Directors, as set forth in its bylaws. Part IV, Section A, Line 2 The organizations governing documents do not reference any supported organizations under Section 509(a)(3). Part IV, Section C, Line 1 Not applicable. The organization is not a Type II supporting organization. Part IV, Section D, Lines 2 and 3 Not applicable. The organization is not a Type III supporting organization. Part IVLines 9a, 9b, 9c Not applicable. The organization is not operated for or on behalf of another entity Part V Line 1 Not applicable. The organization is not classified as a Type III supporting organization. Part V, Section B Line 1e Not applicable Part V, Section D Lines 5, 6, and 8 Not applicable Part V, Section E Lines 2, 5, and 6 Not applicable Form 990-EZ, Part III In FY2024, the organization continued implementing programs using carryover grant funds provided in FY2023 by TEDCO. No new grant funds were received in 2024. Activities included cohort facilitation, content updates, web analytics, and leadership development programming for women entrepreneurs. Form 990-EZ, Part IV Linda Singh serves as Executive Director in a contracted capacity through Kaleidoscope Affect, LLC. She is not compensated directly by the organization. Kaleidoscope Affect is compensated for services through a services agreement. No directors or trustees receive compensation. Form 990-EZ, Schedule O The organizations FY2024 financial statements were not reviewed by a certified public accountant. An independent review or audit is planned in Year 3 of operations. Form 990-EZ, Schedule O The organization has a written conflict of interest policy. Each board member is responsible for disclosing potential conflicts. The board reviews disclosures and conflicted members abstain from deliberation and voting. Annual disclosure forms are not yet instituted but will be implemented as the organization matures. Form 990-EZ, Schedule O The organization experienced filing delays due to limited administrative capacity and early development. Immediate action was taken to prepare and submit the return upon discovery of the oversight. Form 990-EZ, Schedule O The organization is still developing internal policies, including document retention, director compensation, and others. No compensation has been paid to officers or directors. The board is currently uncompensated. Schedule A, Part II, Line 10 The organization is newly formed and did not receive public support in FY2024. However, it received qualifying public support in FY2023 from TEDCO. It anticipates meeting the public support test over the 5-year measurement period. Schedule A, Part II, Line 17a The organization expects to maintain public support by applying for future government grants and fundraising from the general public and private foundations. Schedule A, Part III, Line 12 No unrelated business income or investment income was received in FY2024. The Institute for Women Entrepreneur Excellence (IWEE) was in its early operational phase during the tax year. During this period, the organization focused on program development, establishment of its board and governance structure, and delivery of key services with limited administrative staffing. The financial oversight and categorization process were still being refined, which contributed to delays in preparing and filing the Form 990. Additionally, the organization relied on a contractor for management duties, which required coordination for final financial documentation. IWEE has since implemented internal improvements to ensure timely compliance moving forward. We respectfully request that any late filing penalties be waived due to reasonable cause.