Sadie Collective
- Assets
- $253.2k
- Revenue
- $392.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 06/2022
- EIN
- 84-1851485
Organization Overview
Sadie Collective is located in Washington, DC. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sadie Collective 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 06/2022, Sadie Collective generated $392.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $713.3k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BY EMPOWERING AND EQUIPPING BLACK WOMEN IN QUANTITATIVE AND BEHAVIORAL SCIENCES, THE SADIE COLLECTIVE ADDRESSES THE PIPELINE AND PATHWAY PROBLEM IN ECONOMICS, FINANCE, DATA SCIENCE, AND PUBLIC POLICY THROUGH PROGRAMMING AND MENTORSHIP. WHILE WE PRIMARILY SERVE AND ADDRESS THE NEEDS OF BLACK WOMEN AND YOUTH, THE SADIE COLLECTIVE IS ALWAYS OPEN AND WELCOMING TO ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCE AND SUMMIT - SACE2022 INCLUDED CURATED PROGRAMMING AND WEBINARS FOR ADVANCING BLACK WOMEN IN CAREERS IN ECONOMICS AND RELATED FIELDS.
OTHER PROGRAM SERVICES - OTHER PROGRAM SERVICES INCLUDE THE SACE 2022 CAREER FAIR, PROFESSIONAL DEVELOPMENT WORKSHOPS, AND NETWORKING SESSIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fanta Traore President And Coo/ceo As Of 10/1/21 | OfficerTrustee | 10 | $56,184 |
Anna Gifty Opoku-Agyeman Vice President/ceo Until 10/1/21 | OfficerTrustee | 10 | $3,750 |
Dr Kristen Broady Board Chair As Of 10/1/21 | OfficerTrustee | 0.1 | $0 |
George-Ann Ryan Treasurer As Of 7/15/21 | OfficerTrustee | 0.1 | $0 |
Simone Gbolo Director As Of 7/15/21 | Trustee | 0.1 | $0 |
Dr Marionette Holmes Director As Of 7/15/21 | Trustee | 0.1 | $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 | $317,232 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $317,232 |
| Total Program Service Revenue | $75,653 |
| 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 | $392,885 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,910 |
| Compensation of current officers, directors, key employees. | $33,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,267 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,168 |
| Payroll taxes | $7,423 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,019 |
| Fees for services: Accounting | $3,261 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $322,865 |
| Advertising and promotion | $3,058 |
| Office expenses | $5,107 |
| Information technology | $42,225 |
| Royalties | $0 |
| Occupancy | $125 |
| Travel | $5,831 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,216 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $80 |
| Total functional expenses | $713,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,915 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,269 |
| 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 | $253,184 |
| Accounts payable and accrued expenses | $39,570 |
| Grants payable | $0 |
| Deferred revenue | $50,000 |
| 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 | $89,570 |
| Net assets without donor restrictions | $163,614 |
| 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 | $253,184 |