First Ladies Initiative
- Assets
- $112.9k
- Revenue
- $188.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/2012
- Data as of
- 06/2024
- EIN
- 45-4323493
Organization Overview
First Ladies Initiative, operating under the name Global First Ladies Alliance, is located in Los Angeles, CA. The organization was established in 2012. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global First Ladies Alliance 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 06/2024, Global First Ladies Alliance generated $188.2k in total revenue. All expenses for the organization totaled $195.4k during the year ending 06/2024. While expenses have increased by 52.4% per year over the past 7 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE FIRST LADIES INITIATIVE SUPPORTS FIRST LADIES INDIVIDUALLY AND COLLECTIVELY IN THEIR EFFORTS TO ADVANCE POSITIVE CHANGE IN THEIR COMMUNITIES AND AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARATIONS FOR THE GLOBAL FIRST LADIES ACADEMY TO BE HELD IN JULY 2024 IN PARTNERSHIP WITH COLUMBIA UNIVERSITY MAILMAN SCHOOL OF PUBLIC HEALTH AND THE ORGANIZATION OF AFRICAN FIRST LADIES FOR DEVELOPMENT. THIS ACADEMY IS A FOUR-DAY CERTIFIED EXECUTIVE LEADERSHIP PROGRAM TO ADVANCE HEALTH AND DEVELOPMENT INCLUDING INCREASING UNDERSTANDING OF WOMENS CANCER HPV HIV AIDS AND THE LINK BETWEEN HEALTH AND ECONOMIC EMPOWERMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Field Brzeski Executive Director | OfficerTrustee | 5 | $5,000 |
Jennifer Van Duzer Secretary | OfficerTrustee | 1 | $0 |
Cathy Watts Director | Trustee | 1 | $0 |
Lawrence Ham Chief Financial Officer | OfficerTrustee | 2 | $0 |
Cora Neumann Director | Trustee | 20 | $61,486 |
Gery Ryan Director | Trustee | 1 | $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 | $188,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,200 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $188,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,486 |
| Compensation of current officers, directors, key employees. | $8,975 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,990 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $87,712 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $337 |
| All other expenses | $98 |
| Total functional expenses | $195,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,860 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $112,860 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $112,860 |
| Net assets with donor restrictions | $0 |
| 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 | $112,860 |