Skip to main content

Nonprofit · EIN 27-3272688

50 50 WOMEN ON BOARDS INC

Tax-exempt · LOS ANGELES, CA 90086

Financials

$1.9M$1.3M2021$1.6M$1.5M2023$2M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of 50 50 WOMEN ON BOARDS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,954,932$1,822,316$132,616$2,125,897$85,621$2,040,276
December 31, 2023990$1,644,913$1,495,345$149,568$2,023,520$110,860$1,912,660
December 31, 2021990$1,857,145$1,263,894$593,251$1,977,255$114,989$1,862,266
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$195,388
Program service revenue
$1,718,275
Investment income
$41,269
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$594,806
Other salaries and wages
$295,815
Salaries, compensation and benefits (total)
$1,019,417
Professional fundraising fees
$0
Accounting fees
$66,696
Travel
$11,905
Depreciation
$13,343
Program services (functional)
$1,518,818
Management and general (functional)
$290,534
Fundraising (functional)
$12,964

Balance sheet and other

Total assets, start of year
$2,023,520
Total assets, end of year
$2,125,897
Total liabilities, end of year
$85,621
Net assets, end of year
$2,040,276
Net assets without donor restrictions
$1,490,276
Net assets with donor restrictions
$550,000
Gross receipts
$1,954,932
Employees
6
Volunteers
400
Year formed
2010
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Heather SpilsburyCEO
Trustee or director, Officer
50$238,211$16,438
SHANE CULLENDIRECTOR OF DEVELOPMENT40$152,500$10,417
Betsy Berkhemer-CredairePresident
Trustee or director, Officer
40$158,000$4,740
JENNY TIANVP OF MARKETING40$142,500$10,117
EUGENIA TELLODir of Finance40$133,500$9,847
Stephanie SonnabendBoard Chair
Trustee or director, Officer
25$14,500$0
Malli GeroVice Chair
Trustee or director, Officer
15$0$0
Renee FraserTreasurer
Trustee or director, Officer
2$0$0
Herman BullsDirector
Trustee or director
1$0$0
Tracey DoiDirector
Trustee or director
1$0$0
Robin FerraconeDirector
Trustee or director
1$0$0
Sali OsmanDirector
Trustee or director
1$0$0
John DriverDirector
Trustee or director
1$0$0
Jan JonesDirector
Trustee or director
1$0$0
Maria RivasDirector
Trustee or director
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
Michael FraccaroDirector
Trustee or director
1$0
Denise SingletonDirector
Trustee or director
1$0
Fabi HabschmidDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
Heather SpilsburyCOO
Officer
40$215,000$7,575
Betsy Berkhemer-CredairePresident & CEO
Trustee or director, Officer
45$152,500$6,681
EUGENIA TELLODir of Finance40$132,000$6,780
Stephanie SonnabendBoard Chair
Trustee or director, Officer
15$28,125$0
Mal Diana GeroVice Chair
Trustee or director, Officer
15$0$0
Renee FraserTreasurer
Trustee or director, Officer
2$0$0
Herman BullsDirector
Trustee or director
1$0$0
Tracey DoiDirector
Trustee or director
1$0$0
Robin FerraconeDirector
Trustee or director
1$0$0
Julie HillDirector
Trustee or director
1$0$0
John LinoDirector
Trustee or director
1$0$0
Jan Jones BlackhurstDirector
Trustee or director
1$0$0
Maria RivasDirector
Trustee or director
1$0$0
Michael FraccaroDirector
Trustee or director
1$0$0
Denise SingletonDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2021: 15 people
NameTitleHours / weekCompensationOther / benefits
BETSY BERKHEMER-CREDAIREPRESIDENT & CEO
Trustee or director, Officer
45$216,000$6,480
HEATHER SPILSBURYCHIEF MARKETING OFFICER (START 02/21)
Officer
45$205,000$9,150
BREANNA BAKKESECRETARY,SR.DIR.FINANCE (THRU 12/21)
Officer
45$146,943$9,452
STEPHANIE SONNABENDCHAIR, TREASURER
Trustee or director, Officer
15$61,000$0
MAL DIANA GEROVICE CHAIR, CLERK
Trustee or director, Officer
15$40,000$1,200
EUGENIA TELLODIRECTOR OF FINANCE (START 12/21)
Officer
45$4,615$0
TRACEY DOIDIRECTOR
Trustee or director
1$0$0
ROBIN FERRACONEDIRECTOR
Trustee or director
1$0$0
RENEE FRASERDIRECTOR
Trustee or director
1$0$0
JULIE HILLDIRECTOR
Trustee or director
1$0$0
JOHN IINODIRECTOR
Trustee or director
1$0$0
JAN JONES BLACKHURSTDIRECTOR
Trustee or director
1$0$0
HERMAN BULLSDIRECTOR (START 02/21)
Trustee or director
1$0$0
MARIA RIVASDIRECTOR (START 02/21)
Trustee or director
1$0$0
MARTIN SOUTHDIRECTOR (START 02/21)
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 861958, LOS ANGELES, CA 90086-1958
In care of
% MAL GERO
Principal officer (990 for 2024)
Heather Spilsbury, PO BOX 861958, LOS ANGELES, CA 90086
Signed the 990
Heather Spilsbury, CEO
Phone
(323) 416-2020
Return prepared by
HEALY AND ASSOCIATES

California records

California keeps its own records of charities and corporations. Search them by EIN 27-3272688 or by the name 50 50 WOMEN ON BOARDS INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

50/50 WOMEN ON BOARDS IS COMMITTED TO ACCELERATING GENDER BALANCE AND DIVERSITY ON BOARDS OF RUSSELL 3000 INDEX COMPANIES, WITH WOMEN HOLDING 50% OF THE BOARD SEATS AND WOMEN OF COLOR HOLDING AT LEAST 20% OF THE BOARD SEATS.

990 for the year ended December 31, 2024

Program accomplishments

  • The Global Conversation on Board Diversity includes Regional Conversations on Board Leadership, a series of networking events held in twelve U.S. cities and five international markets, and The Global Summit, a premier annual gathering of sitting and aspiring directors, CEOs, and global governance leaders focused on emerging boardroom issues and best practices.
    Expenses $1,014,161 · revenue $1,397,068
  • Education and Research. Since 2010, the Organization has analyzed and reported on public company board diversification. The Organization's quarterly and annual reports identify factors that promote or impede gender balance and diversity, while the Gender Diversity Directory Index tracks the gender makeup of public company boards. The Organization also hosts The Networking Hub, a subscription-based platform for ongoing board journey support.
    Expenses $372,225 · revenue $187,970
  • The Organization offers a suite of board readiness workshops, including: Board Fundamentals - for mid-career professionals exploring board service across sectors; Get on Board - for senior leaders refining their board pitch, board bio, and strategic network; and Branding for Boards - for professionals at all levels enhancing their digital presence for board consideration.
    Expenses $110,100 · revenue $93,237
  • Launched in 2023, "50 Women to Watch for Boards" is a flagship initiative recognizing board-ready women across North America. Participants receive targeted training, mentorship, visibility, and access to a powerful peer and director network, supporting their path to public company board service.
    Expenses $22,332 · revenue $40,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-3272688
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,125,897
Income (IRS master file)
$1,954,932

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,954,932$1,822,316$2,125,897IRS
990December 2023$1,644,913$1,495,345$2,023,520XML
990December 2022$1,033,054$1,132,228$1,883,985IRS
990December 2021$1,857,145$1,263,894$1,977,255XML
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3272688).

Questions about 50 50 WOMEN ON BOARDS INC

What is the EIN of 50 50 WOMEN ON BOARDS INC?
The employer identification number (EIN) of 50 50 WOMEN ON BOARDS INC is 27-3272688.
Is 50 50 WOMEN ON BOARDS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to 50 50 WOMEN ON BOARDS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 50 50 WOMEN ON BOARDS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of 50 50 WOMEN ON BOARDS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did 50 50 WOMEN ON BOARDS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of 50 50 WOMEN ON BOARDS INC?
The 990 for the year ended December 31, 2024 names Heather Spilsbury.
Who are the officers and directors of 50 50 WOMEN ON BOARDS INC?
The 990 for the year ended December 31, 2024 lists 18 people; 6 received compensation from the organization, the highest $238,211 (Heather Spilsbury, CEO).
How much revenue does 50 50 WOMEN ON BOARDS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,954,932, expenses of $1,822,316 and total assets of $2,125,897 at year end.

Other nonprofits in LOS ANGELES

All nonprofits in LOS ANGELES · California · Civil rights, social action and advocacy