Female Founder Collective Corp
- Assets
- $349.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2023
- EIN
- 83-4245745
Organization Overview
Female Founder Collective Corp is located in Brooklyn, NY. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Female Founder Collective Corp employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Female Founder Collective Corp 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, Female Founder Collective Corp generated $10.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.9% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZATION SPONSORED AN IN-PERSON EVENT TO PROMOTE FEMALE BUSINESS AND ENTREPRENEURSHI FOR OVER 500 WOMEN. THEY GAVE OUT 50,000 IN GRANTS AND MENTORED THOUSANDS OF OTHERS WITH THEIR BUSINESS CONCEPTS. THE ORGANIZATION CONTINUES TO RAISE MONEY FOR GRANT GIVING AND EDUCATION FOR WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Minkoff President | 10 | $60,000 | |
Alison Koplar Vice Preside | 20 | $80,000 | |
Uri Minkoff Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,124 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,124 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $164,000 |
| Professional fees and other payments to independent contractors | $60,661 |
| Occupancy, rent, utilities, and maintenance | $124 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $81,253 |
| Total expenses | $326,038 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $348,930 |
| Other assets | $0 |
| Total assets | $349,427 |
| Total liabilities | $0 |
| Net assets or fund balances | $349,427 |
Grants Awarded
Over the last fiscal year, Female Founder Collective Corp has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PLAY KIDS PRODUCTS LLC PURPOSE: Support growth of women owned busin | $20,000 |
WESTXEAST COMPANY PURPOSE: Support growth of women owned busin | $10,000 |