Women Corporate Directors Education And Development Foundation Inc
- Assets
- $3.1m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 14
- Location
- Palm Beach Gardens, FL
- Founding
- 05/2014
- Data as of
- 06/2023
- EIN
- 46-0910287
Organization Overview
Women Corporate Directors Education And Development Foundation Inc is located in Palm Beach Gardens, FL. The organization was established in 2014. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Women Corporate Directors Education And Development Foundation Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Women Corporate Directors Education And Development Foundation 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 06/2023, Women Corporate Directors Education And Development Foundation Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $3.9m during the year ending 06/2023. 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
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE PROGRAMS, SERVICES, AND EDUCATIONAL OPPORTUNITIES TO ENCOURAGE AND ENABLE WOMEN TO PARTICIPATE IN CORPORATE GOVERNANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GLOBAL INSTITUTE IS A CONFERENCE FOR WOMEN BOARD MEMBERS WHO SERVE ON LARGE PUBLIC COMPANY BOARDS. THIS EVENT IS TO PROVIDE PROGRAMMING AND NETWORKING OPPORTUNITIES FOR THOSE BOARD MEMBERS TO ENHANCE KNOWLEDGE AND EFFECTIVENESS OF THE BOARDS ON WHICH THEY SERVE.
OTHER PROGRAM SERVICE EXPENSES NOT DIRECTLY ALLOCATED TO THE ORGANIZATION'S THREE LARGEST PROGRAM SERVICES.
INSTITUTES AND CONFERENCES ARE CONDUCTED IN VARIOUS LOCATIONS AROUND THE GLOBE FOR PURPOSES OF MORE LOCALIZED TRAINING AND EDUCATION OF WOMEN DIRECTORS. REGIONAL INSTITUTES AND EVENTS ARE HELD IN ASIA PACIFIC, EUROPE, AND THE AMERICAS WHERE PROGRAMMING DRAWS MEMBERS INTO A TRUE COMMUNITY OF KNOWLEDGE AND TRUST AND SHARING OF BEST PRACTICES. WCDIRECT VIRTUAL EVENTS PROVIDE PROGRAMMING AND NETWORKING OPPORTUNITIES FOR MEMBERS TO ENHANCE KNOWLEDGE AND EFFECTIVENESS OF THE BOARDS ON WHICH THEY SERVE.
LOCAL CHAPTER MEETINGS ARE HELD THROUGHOUT THE YEAR TO PROVIDE ACCESS TO PROGRAMMING AT A LOCAL MEMBER LEVEL REGARDING CORPORATE GOVERNANCE. WITH 70 CHAPTERS WORLDWIDE, CHAPTER EVENTS AND MEETINGS ARE HELD LOCALLY TO CONNECT WITH PEERS AND LEARN FROM EXPERTS IN AREAS CRITICAL TO SUCCESSFUL BOARD GOVERNANCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marylean Abney CFO And Treasurer | OfficerTrustee | 40 | $9,000 |
Karen Mitchell Curran Chair, Lead Director | OfficerTrustee | 10 | $0 |
Lisa Daniels Director | Trustee | 4 | $0 |
Jackie Daylor Director | Trustee | 4 | $0 |
Deborah Ellinger Director | Trustee | 4 | $0 |
Kalpana Ramakrishnan Director | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dalton Agency Advertising Services | 6/29/23 | $110,291 |
Jw Marriott Essex House New York Venue For September 2022 Global Institut | 6/29/23 | $320,167 |
Templeton & Company Llp Accounting Services | 6/29/23 | $155,842 |
Fox Rothschild Llp Legal Services | 6/29/23 | $107,865 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,263,538 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,903,359 |
| Noncash contributions included in lines 1a–1f | $33,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,166,897 |
| Total Program Service Revenue | $382,919 |
| Investment income | $82 |
| 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 | $3,618,955 |
| 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. | $626,500 |
| Compensation of current officers, directors, key employees. | $125,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $764,985 |
| Pension plan accruals and contributions | $73,143 |
| Other employee benefits | $73,130 |
| Payroll taxes | $81,822 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,994 |
| Fees for services: Accounting | $246,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $960 |
| Advertising and promotion | $27,944 |
| Office expenses | $232,583 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $46,030 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,260,737 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,061 |
| Insurance | $20,217 |
| All other expenses | $0 |
| Total functional expenses | $3,914,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,067,882 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $116,166 |
| 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 | $58,654 |
| Net Land, buildings, and equipment | $292,057 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,583,048 |
| Other assets | $0 |
| Total assets | $3,117,807 |
| Accounts payable and accrued expenses | $401,734 |
| Grants payable | $0 |
| Deferred revenue | $446,477 |
| 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 | $848,211 |
| Net assets without donor restrictions | $2,269,596 |
| 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 | $3,117,807 |