Women In Technology Inc
- Assets
- $991.8k
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Marietta, GA
- Founding
- 08/2006
- Data as of
- 12/2023
- EIN
- 31-1839582
Organization Overview
Women In Technology Inc is located in Marietta, GA. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2023, Women In Technology Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Women In Technology Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Women In Technology Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 37.8% each year . All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 37.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING GIRLS AND WOMEN TO EXCEL IN SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATH (STEAM) FROM THE CLASSROOM TO THE BOARDROOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, WE EMPOWERED CAREERS THROUGH RESOURCES, WORKSHOPS, AND MENTORSHIP PROGRAMS THAT EQUIP WOMEN AND GIRLS WITH THE SKILLS AND CONFIDENCE NEEDED TO THRIVE IN TECHNOLOGY-RELATED FIELDS. WE HAD ALMOST 2,000 REGISTRATIONS FOR OUR WIT FORUMS AND SOCIALS AND OVER 750 ATTENDEES AT WIT CONNECT. WIT ALSO EXPANDED OUR EDUCATIONAL OUTREACH, REACHING MORE YOUNG WOMEN AND INSPIRING THEM TO PURSUE STEAM EDUCATION AND CAREERS. THIS INCLUDED 310 GIRLS IN MIDDLE AND HIGH SCHOOL, 336 STUDENTS FROM 16 DIFFERENT UNIVERSITIES IN GEORGIA, AND 345 YOUNG PROFESSIONALS. 43 WOMEN GRADUATED FROM THE SINGLE MOTHERS PROGRAM FOR CYBERSECURITY AND IT FUNDAMENTALS EDUCATION. WE ALSO DROVE AWARENESS THROUGH OUR WOMEN OF THE YEAR IN STEAM AWARDS. IN 2023, WE HAD 140+ INCREDIBLE NOMINEES, OF WHICH 12 WINNERS WERE RECOGNIZED AT THE GALA FOR THEIR ACHIEVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Penny Collins Past CEO | Officer | 40 | $142,500 |
Paula Bolton Chief Marketing | 40 | $128,520 | |
Julia Clay Chief Development | 40 | $110,000 | |
Heather Rocker CEO | Officer | 40 | $33,333 |
Tracy Ariail President | OfficerTrustee | 5 | $0 |
Emily Clay Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,303,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,303,341 |
| Total Program Service Revenue | $379,620 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $841,966 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,540,086 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $111,510 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,500 |
| Compensation of current officers, directors, key employees. | $14,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,019,049 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,657 |
| Payroll taxes | $77,946 |
| Fees for services: Management | $3,906 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,817 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $559,919 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $10,647 |
| Royalties | $0 |
| Occupancy | $77,803 |
| Travel | $16,029 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $388,340 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,788 |
| All other expenses | $0 |
| Total functional expenses | $2,621,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $762,941 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $223,591 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,246 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $991,778 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $329,369 |
| Deferred revenue | $115,615 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $444,984 |
| Net assets without donor restrictions | -$107,188 |
| Net assets with donor restrictions | $653,982 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $991,778 |
Grants Awarded
Over the last fiscal year, Women In Technology Inc has awarded $35,625 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
COOL GIRLS INC | | | $7,500 |
GIRL DEVELOPIT INC | | | $5,625 |
GIRL SCOUTS OF GREATER ATL | | | $7,500 |
GIRLS INC OF GREATER ATLANTA | | | $7,500 |
TAG EDUCATION COLLABORATIVE | | | $7,500 |