Executive Alliance Inc
- Assets
- $203.2k
- Revenue
- $124.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 03/1994
- Data as of
- 06/2021
- EIN
- 52-1814260
Organization Overview
Executive Alliance Inc is located in Baltimore, MD. The organization was established in 1994. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Executive Alliance 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 06/2021, Executive Alliance Inc generated $124.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $137.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF EXECUTIVE ALLIANCE, INC. IS TO ACCELERATE THE SUCCESS AND LEADERSHIP OF ACCOMPLISHED WOMEN BY EXPANDING THEIR IMPACT AND INFLUENCE THROUGH ADVOCACY, EDUCATION, AND MENTORSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMEN OF EXCELLENCE EXECUTIVE ALLIANCE'S WOMEN OF EXCELLENCE LUNCHEON DRAWS OVER 1,000 BUSINESS LEADERS TO HEAR THE INSIGHT AND PERSPECTIVE OF OUTSTANDING WOMEN - FROM THE LATE LADY MARGARET THATCHER TO ARIANNA HUFFINGTON. DURING OUR ANNUAL LUNCHEON, ATTENDEES RECEIVE INFORMATION THAT HELPS BUILD AWARENESS OF EXECUTIVE ALLIANCE'S GOALS AND EFFORTS TO MOVE THE NEEDLE FORWARD AND PLACE MORE WOMEN ON CORPORATE BOARDS AND WITHIN C-SUITES. THIS EVENT WAS NOT HELD DURING THE CURRENT YEAR DUE TO COVID RESTRICTIONS.
WOMEN ON CORPORATE BOARDS WOMEN ON CORPORATE BOARDS MEASURES THE REPRESENTATION OF WOMEN IN THE BOARDROOMS OF PUBLIC COMPANIES BASED IN MARYLAND AND PREPARES A CENSUS ANNUALLY THAT IS MADE AVAILABLE TO THE PUBLIC.
MENTORING AS PART OF EXECUTIVE ALLIANCE'S MISSION TO ADVANCE WOMEN IN THEIR PROFESSIONS, THE ORGANIZATION HAS ESTABLISHED AND IMPLEMENTS ANNUALLY A MENTORING PROGRAM THAT PROVIDES INDIVIDUAL GUIDANCE AND PROFESSIONAL SKILLS TO HELP MID-LEVEL WOMEN ACHIEVE THEIR CAREER GOALS. SINCE ITS LAUNCH 20 YEARS AGO, ALMOST 200 WOMEN HAVE PARTICIPATED IN THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luwanda Jenkins Partner | OfficerTrustee | 35 | $50,333 |
Stephanie Baker Secretary | OfficerTrustee | 4 | $0 |
Kimberly Davis Treasurer | OfficerTrustee | 4 | $0 |
Karen Evans Vice Preside | OfficerTrustee | 4 | $0 |
Patricia Lambert Immediate Pa | OfficerTrustee | 4 | $0 |
Mary Jean Herron President El | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $45,719 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,270 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,989 |
| Total Program Service Revenue | $24,038 |
| Investment income | $34 |
| 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 | $124,061 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $103,153 |
| Fees for services: Legal | $885 |
| Fees for services: Accounting | $880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,667 |
| Advertising and promotion | $0 |
| Office expenses | $1,174 |
| 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 | $208 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $864 |
| All other expenses | $0 |
| Total functional expenses | $137,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,920 |
| Savings and temporary cash investments | $154,639 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,130 |
| 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 | $1,488 |
| 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 | $203,177 |
| Accounts payable and accrued expenses | $23,813 |
| Grants payable | $0 |
| Deferred revenue | $6,938 |
| 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 | $30,751 |
| Net assets without donor restrictions | $172,426 |
| 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 | $203,177 |
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