Civic Intelligence

Weconnect International Inc.

990 • Fiscal year 2016 • EIN 27-1153340

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

1120 Connecticut Avenue NW No 1080Washington, DC 20036

(202) 810-6000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.24x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.36x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

7th percentile

-52%

Higher net margin than 7% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$190,663

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

1st percentile

-61%

Faster asset growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-29%

Faster revenue growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$519,300

Down $803,409 (-61%) from 2015

Net Assets

Down

-$126,834

Down $937,886 (-116%) from 2015

Liabilities

Up

$646,134

Up $134,477 (+26%) from 2015

Revenue

Down

$1,817,310

Down $728,580 (-29%) from 2015

Expenses

Down

$2,755,196

Down $26,237 (-0.9%) from 2015

Net Income

Down

-$937,886

Down $702,343 (-298%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $49,797Liabilities 2010: $0Net Assets 2010: $49,7972010Assets 2011: $108,045Liabilities 2011: $23,191Net Assets 2011: $84,8542011Assets 2012: $1,117,841Liabilities 2012: $322,381Net Assets 2012: $795,4602012Assets 2013: $2,001,802Liabilities 2013: $233,304Net Assets 2013: $1,768,4982013Assets 2014: $1,559,400Liabilities 2014: $512,805Net Assets 2014: $1,046,5952014Assets 2015: $1,322,709Liabilities 2015: $511,657Net Assets 2015: $811,0522015Assets 2016: $519,300Liabilities 2016: $646,134Net Assets 2016: -$126,8342016Assets 2017: $627,338Liabilities 2017: $416,613Net Assets 2017: $210,7252017Assets 2018: $1,092,006Liabilities 2018: $600,665Net Assets 2018: $491,3412018Assets 2019: $1,688,723Liabilities 2019: $942,515Net Assets 2019: $746,2082019Assets 2020: $3,259,958Liabilities 2020: $2,418,381Net Assets 2020: $841,5772020Assets 2021: $4,090,329Liabilities 2021: $1,576,619Net Assets 2021: $2,513,7102021Assets 2022: $4,532,219Liabilities 2022: $1,326,547Net Assets 2022: $3,205,6722022Assets 2023: $4,363,596Liabilities 2023: $1,505,158Net Assets 2023: $2,858,4382023Assets 2024: $3,890,573Liabilities 2024: $1,250,648Net Assets 2024: $2,639,9252024

Highlighted filing

2016

Assets$519,300
Liabilities$646,134
Net Assets-$126,834

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2010: $187,563Expenses 2010: $137,766Net Income 2010: $49,7972010Expenses 2011: $842,1362011Expenses 2012: $1,675,3332012Revenue 2013: $3,484,571Expenses 2013: $2,511,533Net Income 2013: $973,0382013Revenue 2014: $2,350,513Expenses 2014: $3,072,416Net Income 2014: -$721,9032014Revenue 2015: $2,545,890Expenses 2015: $2,781,433Net Income 2015: -$235,5432015Revenue 2016: $1,817,310Expenses 2016: $2,755,196Net Income 2016: -$937,8862016Revenue 2017: $2,577,013Expenses 2017: $2,239,454Net Income 2017: $337,5592017Revenue 2018: $3,201,372Expenses 2018: $2,920,756Net Income 2018: $280,6162018Revenue 2019: $3,861,606Expenses 2019: $3,606,739Net Income 2019: $254,8672019Revenue 2020: $4,114,466Expenses 2020: $4,019,097Net Income 2020: $95,3692020Revenue 2021: $7,238,870Expenses 2021: $5,566,737Net Income 2021: $1,672,1332021Revenue 2022: $8,545,752Expenses 2022: $7,853,790Net Income 2022: $691,9622022Revenue 2023: $7,441,496Expenses 2023: $7,788,730Net Income 2023: -$347,2342023Revenue 2024: $7,132,436Expenses 2024: $7,745,552Net Income 2024: -$613,1162024

Highlighted filing

2016

Revenue$1,817,310
Expenses$2,755,196
Net Income-$937,886
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$1,817,310
Mission and Program Overview

Mission

WEConnect International is a global 501(c)(3) non-profit that facilitates sustainable economic growth by increasing opportunities for women owned businesses to succeed in the global value chains. WEConnect identifies, educates, and certifies women's business enterprises that are at least 51% owned, managed and controlled by one or more women.

WEConnect International helps women-owned businesses succeed in global value chains.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$235,023$191,581▼ $43,442
Savings and Temporary Cash Investments$929,062$129,903▼ $799,159
Pledges and Grants Receivable$24,528$92,805▲ $68,277
Accounts Receivable$104,439$67,876▼ $36,563
Prepaid Expenses and Deferred Charges$14,219$27,301▲ $13,082
Land, Buildings, and Equipment, Net$7,806$2,202▼ $5,604
Total Assets$1,322,709$519,300▼ $803,409
Other Assets Total$7,632$7,632→ $0
Liabilities
Accounts Payable and Accrued Expenses$265,610$361,909▲ $96,299
Deferred Revenue$237,500$260,000▲ $22,500
Other Liabilities$8,547$24,225▲ $15,678
Total Liabilities$511,657$646,134▲ $134,477
Net Assets / Fund Balance
Temporarily Rstr Net Assets$687,728$0▼ $687,728
Unrestricted Net Assets$123,324$-126,834▼ $250,158
Total Net Assets Fund Balance$811,052$-126,834▼ $937,886
Total Liabilities and Net Assets / Fund Balance$1,322,709$519,300▼ $803,409

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,202$72,067$74,269
Equipment$0$8,952$8,952
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth VazquezCEO & PresidentFT$182,027$8,636$190,663
Michael TobolskiDirector, Corp. RelationsFT$119,545$14,292$133,837
Elizabeth WhiteheadDirector of ProgramsFT$116,493$9,612$126,105
Margareta SchettlerVice PresidentFT$118,750$1,891$120,641

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Think Through ConsultingLocal Contractor - India5712 32nd St NW, Washington, DC 20015, In$113,314
Virya Group LimitedWeb DevelopersN1-4-6 Columba House, Adastral Park, Ottawa, Uk$112,736
Feminomics LimitedLocal Contractor - Canada67 Cartier Street Suite 811, Ontario, Ca$112,500
-Oversight of Latin American Programs-$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$608,152
Program Service Revenue
$1,208,317
Investment Income
$841
Other Revenue
$0
All Other Contributions
$588,877
Change in Net Assets
$-937,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,817,310
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$17,223
Total Revenue per Audited Statements
$1,834,533
Total Revenue per Form 990
$1,817,310
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,808,318
Salaries, Compensation, and Employee Benefits$917,378
Total Fundraising Expense$208,859
Grants and Similar Amounts Paid$29,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,002,762$26,864$259$1,029,885
Other Salaries and Wages$334,393$195,733$99,694$629,820
Current Officers, Directors, Trustees, and Key Employees$101,229$59,253$30,181$190,663
Conferences and Meetings$145,038$44,366-$189,404
Information Technology$112,736$50,777-$163,513
Travel$85,775$43,099-$128,874
Occupancy-$101,369-$101,369
Payroll Taxes$30,360$19,554$8,297$58,211
Office Expenses$-403$53,459$59$53,115
Other Employee Benefits$20,094$13,212$5,378$38,684
Fees for Services Accounting-$30,984-$30,984
Foreign Grants$29,500--$29,500
Depreciation Depletion-$8,960-$8,960
Advertising-$5,940-$5,940
Other Expenses$73,238$4,859-$4,859
Fees for Services Legal-$3,860-$3,860
Interest-$996-$996
All Other Expenses$191,266$-256,257$64,991-
Total Functional Expenses$2,125,988$420,349$208,859$2,755,196

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,772,419
Expenses per Audited Statements$2,755,196
Total Expenses per Form 990$2,755,196
Expenses Not Reported on Form 990$17,223
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
17
Spending
$1,027,874

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Program servicesEducation and certification activities in India01$281,043
North America - Canada and Mexico, but not the United StatesProgram servicesEducation and certification activities in Mexico and Canada02$262,902
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program servicesEducation and certification activities in Peru, Chile, Colombia and Brazil04$161,959
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program servicesEducation and certification activities in China, Australia and Indonesia03$147,204
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram services and grant to organization in regionEducation and certification activities in Europe and Turkey02$85,295
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program servicesEducation and certification activities in Costa Rica and Jamaica02$53,325
Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program servicesEducation and certification activities in Nigeria and South Africa02$27,664
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program servicesEducation and certification activities in Israel01$8,482
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other liabilities$15,500
Refundable advances$8,725
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The organization has members.

Form 990, Part VI, Section A, line 7A

Members have voting rights to elect members to the Board of Directors.

Form 990, Part VI, Section B, line 11B

The form 990 is prepared by the outside audit firm, reviewed internally by the Operations Manager and Outside bookkeeper, a final draft is sent to the Board's Audit/Finance committee, and the final 990 is submitted electronically.

Form 990, Part VI, Section B, line 12C

Members of the Board are required to read and sign a conflict of interest policy. Employees sign the employee handbook and conflict policy upon hire.

Form 990, Part VI, Section B, line 15

The compensation determination process for top officials includes an annual review by the Executive Committee to determine CEO's compensation. The compensation process for all other employees includes an annual review to determine compensation.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
WEConnect International Inc
EIN
27-1153340
Phone
2028106000
Address
1120 Connecticut Avenue NW No 1080, Washington, DC 20036

Signing Officer

Name
Elizabeth A Vazquez
Title
President
Phone
2028106000
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth A Vazquez
Formed
2009
Legal Domicile
De
Voting Board Members
17
Independent Board Members
16
Employees
11
Volunteers
0

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Lori A Collingsworth
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Mission continuation

WEConnect identifies, educates, and certifies women's business enterprises that are at least 51% owned, managed, and controlled by one or more women.

Form 990, Part III, Line 4C, Latin America (continued)

In Colombia, in partnership with AMCHAM Colombia, WEConnect International is now offering certification for women-owned businesses who are ready to grow their businesses in global markets. In Costa Rica, WEConnect International has partnered with One Stop Search to deliver WEConnect International services. In Peru, WEConnect International is working with Sector 3 Social Venture Group, to support and certify women business owners in the region.

Form 990, Part IX, line 11G

Payroll processing: Program service expenses 0. Management and general expenses 3,048. Fundraising expenses 0. Total expenses 3,048. Program Consultants: Program service expenses 1,000,262. Management and general expenses 23,750. Fundraising expenses 0. Total expenses 1,024,012. Other consultants: Program service expenses 2,500. Management and general expenses 66. Fundraising expenses 259. Total expenses 2,825.

Form 990, Part XII, Line 2C:

The organization's Executive Committee is responsible for oversight of the audit, including selection of the independent accountant. The process is consistent with prior years.

Financial Statement Notes

Part X, Line 2:

Management has evaluated WEConnect's tax positions and concluded that the financial statements do not include any uncertain tax positions.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt171891
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1814292
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt199612
IRS990/Form990PartVIISectionAGrp/PersonNm0Elizabeth Vazquez
IRS990/Form990PartVIISectionAGrp/PersonNm1Michael Robinson
IRS990/Form990PartVIISectionAGrp/PersonNm2Natalie Stirling-Sanders
IRS990/Form990PartVIISectionAGrp/PersonNm3Joan Kerr
IRS990/Form990PartVIISectionAGrp/PersonNm4Denise Naguib
IRS990/Form990PartVIISectionAGrp/PersonNm5Marianne Schoenig
IRS990/Form990PartVIISectionAGrp/PersonNm6Jeannine Florre
IRS990/Form990PartVIISectionAGrp/PersonNm7Janice R Greene
IRS990/Form990PartVIISectionAGrp/PersonNm8Terrez Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm9Shirley Creed
IRS990/Form990PartVIISectionAGrp/PersonNm10Moreen Romans
IRS990/Form990PartVIISectionAGrp/PersonNm11Lorenzo Bell
IRS990/Form990PartVIISectionAGrp/PersonNm12Meg Megan Stowe
IRS990/Form990PartVIISectionAGrp/PersonNm13Mark Baxa
IRS990/Form990PartVIISectionAGrp/PersonNm14Ellen Jameson
IRS990/Form990PartVIISectionAGrp/PersonNm15Darlene Fuller
IRS990/Form990PartVIISectionAGrp/PersonNm16Jenny Grieser
IRS990/Form990PartVIISectionAGrp/PersonNm17Margareta Schettler
IRS990/Form990PartVIISectionAGrp/PersonNm18Michael Tobolski
IRS990/Form990PartVIISectionAGrp/PersonNm19Elizabeth Whitehead
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0182027
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17118750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18119545
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19116493
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO & President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director, Corp. Relations
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director of Programs
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
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IRS990/FSAuditedInd01
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01817310
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/InformationTechnologyGrp/ProgramServicesAmt0112736
IRS990/InformationTechnologyGrp/TotalAmt0163513
IRS990/InterestGrp/ManagementAndGeneralAmt0996
IRS990/InterestGrp/TotalAmt0996
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0841
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt081019
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07806
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IRS990/LandBldgEquipCostOrOtherBssAmt083221
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WEConnect International is a global 501(c)(3) non-profit that facilitates sustainable economic growth by increasing opportunities for women-owned businesses to succeed in the global value chains. See Schedule O for continuation
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt0811052
IRS990/NetAssetsOrFundBalancesEOYAmt0-126834
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0101369
IRS990/OccupancyGrp/TotalAmt0101369
IRS990/OfficeExpensesGrp/FundraisingAmt059
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt053459
IRS990/OfficeExpensesGrp/ProgramServicesAmt0-403
IRS990/OfficeExpensesGrp/TotalAmt053115
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07632
IRS990/OtherAssetsTotalGrp/EOYAmt07632
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05378
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013212
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020094
IRS990/OtherEmployeeBenefitsGrp/TotalAmt038684
IRS990/OtherExpensesGrp/Desc0Certification fee
IRS990/OtherExpensesGrp/Desc1Dues and subscriptions
IRS990/OtherExpensesGrp/Desc2Bad debt
IRS990/OtherExpensesGrp/Desc3Licenses, fees, permits
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18311
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34859
IRS990/OtherExpensesGrp/ProgramServicesAmt073238
IRS990/OtherExpensesGrp/TotalAmt073248
IRS990/OtherExpensesGrp/TotalAmt18311
IRS990/OtherExpensesGrp/TotalAmt25000
IRS990/OtherExpensesGrp/TotalAmt34859
IRS990/OtherLiabilitiesGrp/BOYAmt08547
IRS990/OtherLiabilitiesGrp/EOYAmt024225
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt099694
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0195733
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0334393
IRS990/OtherSalariesAndWagesGrp/TotalAmt0629820
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08297
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019554
IRS990/PayrollTaxesGrp/ProgramServicesAmt030360
IRS990/PayrollTaxesGrp/TotalAmt058211
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt024528
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt092805
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014219
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027301
IRS990/PrincipalOfficerNm0Elizabeth A Vazquez
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Membership dues
IRS990/ProgramServiceRevenueGrp/Desc1Certification fees
IRS990/ProgramServiceRevenueGrp/Desc2Program events
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0999584
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1125627
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt283106
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0999584
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1125627
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt283106
IRS990/ProgSrvcAccomActy2Grp/Desc0Women's Initiative: The Women's Initiative program provides supplier development and training initiatives for women-owned enterprises in countries such as Mexico, Nigeria and Indonesia. This program focuses on the outreach, education, and training processes required to help ensure that WOBs who participate have the knowledge and the networks they need to prepare themselves to compete for larger contracts.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0600000
IRS990/ProgSrvcAccomActy3Grp/Desc0Latin America: Brazil, Chile, Colombia, Costa Rica, Mexico and PeruWEConnect International in Latin America identifies, educates, registers, and certifies women's business enterprises that are at least 51% owned, managed, and controlled by one or more women.In Chile, WEConnect International is working with Mujeres Empresarias to deliver WEConnect International certification. Mujeres Empresarias is an organization that supports women business owners in all stages of entrepreneurship and represents an innovative network for women that facilitates their economic development and entry into the business world.See Schedule O for Continuation
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0206493
IRS990/ProgSrvcAccomActyOtherGrp/Desc0WEConnect Academy: WEConnect Academy provides online training to WEConnect International's global network of women-owned businesses. Each of the modules offered here is for women business owners who are self-registered or certified in the eNetwork to take on their own. Trainings through the eNetwork are available in Chinese, English, and Spanish.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Membership: WEConnect International provides members with the global database and resources required to develop and leverage a diverse and inclusive global value chain. WEConnect International members share similar values, looking to build sustainable communities through the empowerment and sourcing from women-owned businesses.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2Certification: Our Seal of Certification is a formal guarantee to corporations that they are purchasing goods and/or services from women owned business that meet universal standards for women's business enterprises (WBEs). Four criteria considered are ownership, management & control, contribution of capital & expertise, and independence.The Business Readiness and Certification Assessment includes a one-on-one evaluation of the company and whether it meets the universal standards for certification as a women's business enterprise. All Women's Business Enterprises (WBEs) that successfully complete our process to determine compliance with our certification criteria will earn the Seal of Certification.The Seal of Certification Process is open to businesses based in the following countries: Australia Brazil, Canada, Chile, China, Costa Rica, India, Indonesia, Jamaica, Mexico, New Zealand, Nigeria, Peru, South Africa, Turkey, United Kingdom and the United States (through WBENC).
IRS990/ProgSrvcAccomActyOtherGrp/Desc3North America: Canada and US: WEConnect International has been active in Canada since the beginning of 2008 working with strategic partners, government agencies, corporate members and outstanding women business owners across the country.The WEConnect International in Canada National Conference is the leading meeting in Canada for women-owned businesses, corporations, senior government officials, academic and economic policy officials, and service delivery organizations interested in spurring the growth of women's entrepreneurship.WEConnect International is proud to be the exclusive global partner of the Women's Business Enterprise National Council (WBENC) in the U.S. WEConnect International leverages this strong long-term partnership to provide opportunity to the organizations WEConnect International partners with in all target countries, including Canada. Together, WEConnect International and WBENC are responsible for ensuring universal women's business enterprise certification standards and processes are maintained by our respective affiliates and local partner organizations.
IRS990/ProgSrvcAccomActyOtherGrp/Desc4Africa: Nigeria and South Africa: WEConnect International in Africa identifies, educates, registers, and certifies women's business enterprises that are at least 51% owned, managed, and controlled by one or more women. WEConnect International is the only non-profit organization in South Africa that provides the seal of certification uniquely to Women Business Enterprises (WBEs), and also, that connects these WBEs with multi-national corporate purchasing organizations across diverse industries. Our signature seal of certification is a formal guarantee to corporations that they are purchasing goods and/or services from South African businesses that meet universal standards for WBEs.
IRS990/ProgSrvcAccomActyOtherGrp/Desc5Europe: The Netherlands, Portugal, Turkey and the United KingdomWEConnect International in Europe is the leading global supplier diversity initiative spearheading the connection of women-owned business and multinational corporations. It is Europe's leading advocate of women-owned businesses as suppliers to global and national corporations and government bodies.
IRS990/ProgSrvcAccomActyOtherGrp/Desc6Australia: The WEConnect International in Australasia connects women-owned enterprises to corporations under their Supplier Diversity and Inclusion programs. In Australasia, WEConnect International works in collaboration with women's organizations including BPW (Business & Professional Women), The Ruby Connection (part of Westpac Bank), Women in Global Business (part of Austrade), WCEI (Women Chiefs of Enterprise International). Certification is offered in Australia and New Zealand.
IRS990/ProgSrvcAccomActyOtherGrp/Desc7Middle East and North Africa: WEConnect International is working with Jasmine organization to offer women entrepreneurs in Israel the opportunity to join the WEConnect International network.Jasmine is a unique organization in Israel that is dedicated to the commercial, professional and personal advancement of Jewish, Ethiopian, Ultra-Orthodox, Arab, Druze, Bedouin, Christian, new immigrant and Circassian women who are small business owners.Jasmine believes that empowering Jewish and Arab women with small and medium businesses in Israel is essential to strengthening the Israeli economy, facilitating gender equality and realizing the power of coexistence in Israel. To date, Jasmine has assisted no fewer than 1,400 Jewish and Arab women and 5,000 businesses from all sectors.Jasmine works throughout the year to help achieve these goals: Enabling personal empowerment and development of life skills for women business owners; Providing tools and knowledge in leadership and management to women business owners; Creating business opportunities for women business owners; Fostering excellence in management of small women-owned businesses; Business networking among women business owners; Providing exposure and access to sources of financing for development and expansion of women-owned businesses.
IRS990/ProgSrvcAccomActyOtherGrp/Desc8Carribean: JamaicaBuoyed by the reception of women entrepreneurs in Jamaica and significant interest from neighboring countries, WEConnect International expanded its network across the English-speaking Caribbean in August 2014.WEConnect International launched in Jamaica in April 2013 with support from the U.S. State Department WEAmericas program. In just over a year, more than 160 women business owners from across the island joined WEConnect International as members, and more than a dozen women-owned businesses applied for and received international certification. WEConnect International has developed a reputation in Jamaica for promoting greater market access for women entrepreneurs. The network has built a strong relationship with the Government of Jamaica, through the Ministry of Industry Investment and Commerce with its work highlighted in the State Minister's Sectoral Contribution on industry in the house of parliament in June 2014.The value of WEConnect International's entry into Jamaica is also highlighted by the 2013 WEVenturescope Report, which gave a perfect score to the country in the area of access to networks for women entrepreneurs.
IRS990/ProgSrvcAccomActyOtherGrp/Desc9Other Markets, General Programs, Ambassador and Publications
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0215640
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1153374
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt2192134
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt327664
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt485295
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt546849
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt68482

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.89$1.25$2.64$7.13$7.75$0.61
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$1.51$2.86$7.44$7.79$0.35
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.53$1.33$3.21$8.55$7.85$0.69
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.09$1.58$2.51$7.24$5.57$1.67
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$2.42$0.84$4.11$4.02$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.94$0.75$3.86$3.61$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.60$0.49$3.20$2.92$0.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.42$0.21$2.58$2.24$0.34
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.65$0.13$1.82$2.76$0.94
2015Detailed filing. Detailed filing data is available for this year.$1.32$0.51$0.81$2.55$2.78$0.24
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.51$1.05$2.35$3.07$0.72
2013Detailed filing. Detailed filing data is available for this year.$2.00$0.23$1.77$3.48$2.51$0.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.32$0.80$1.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.02$0.08$0.84
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.19$0.14$0.05