Civic Intelligence

Weconnect International Inc.

990 • Fiscal year 2017 • EIN 27-1153340

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 07, 2018

Organization Profileweconnectinternational.org

View Organization Page

1100 H Street NW No 1100Washington, DC 20005

(202) 810-6000

Siviq Scores

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

Liabilities / Assets

85th percentile

0.66x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

60th percentile

0.16x

Higher debt load relative to revenue than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

89th percentile

$194,093

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

81st percentile

21%

Faster asset growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

42%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$627,338

Up $108,038 (+21%) from 2016

Net Assets

Up

$210,725

Up $337,559 (+266%) from 2016

Liabilities

Down

$416,613

Down $229,521 (-36%) from 2016

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin71st percentile

Revenue

Up

$2,577,013

Up $759,703 (+42%) from 2016

Expenses

Down

$2,239,454

Down $515,742 (-19%) from 2016

Net Income

Up

$337,559

Up $1,275,445 (+136%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

2017

Assets$627,338
Liabilities$416,613
Net Assets$210,725
Open 2017 Filing

Operations Trend

Revenue Growth84th percentile

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

2017

Revenue$2,577,013
Expenses$2,239,454
Net Income$337,559
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 7, 2018
Return Version
2017v2.2
Gross Receipts
$2,650,791
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$191,581$307,367▲ $115,786
Savings and Temporary Cash Investments$129,903$130,958▲ $1,055
Pledges and Grants Receivable$92,805$106,786▲ $13,981
Accounts Receivable$67,876$69,848▲ $1,972
Prepaid Expenses and Deferred Charges$27,301$4,747▼ $22,554
Land, Buildings, and Equipment, Net$2,202$0▼ $2,202
Total Assets$519,300$627,338▲ $108,038
Other Assets Total$7,632$7,632→ $0
Liabilities
Deferred Revenue$260,000$230,500▼ $29,500
Accounts Payable and Accrued Expenses$361,909$184,139▼ $177,770
Other Liabilities$24,225$1,974▼ $22,251
Total Liabilities$646,134$416,613▼ $229,521
Net Assets / Fund Balance
Unrestricted Net Assets$-126,834$198,725▲ $325,559
Temporarily Rstr Net Assets$0$12,000▲ $12,000
Total Net Assets Fund Balance$-126,834$210,725▲ $337,559
Total Liabilities and Net Assets / Fund Balance$519,300$627,338▲ $108,038

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$74,269$74,269
Equipment$0$8,952$8,952
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth VazquezCEO & PresidentFT$185,000$9,093$194,093
Margareta SchettlerCOOFT$140,313$7,359$147,672
Michael TobolskiDirector of Corporate RelationsFT$120,000$14,785$134,785

Board Members and Trustees

NameTitle
Michael RobinsonChair
Natalie Stirling-SandersVice Chair
Andy ButlerDirector
Beverly JenningsDirector
Darlene FullerDirector
Ellen JamesonDirector
Estrella CramerDirector
Jeannine FlorreDirector
Jenny GrieserDirector
Kellie LishDirector
Lorenzo BellDirector
Mark BaxaDirector
Megan StoweDirector
Moreen RomansDirector
Peter ZerpDirector
Shirley CreedDirector
Denise NaguibSecretary
Joan Namahna KerrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,203,020
Program Service Revenue
$1,372,996
Investment Income
$1,055
Other Revenue
$-58
All Other Contributions
$1,105,203
Change in Net Assets
$337,559

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,577,013
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$93,377
Total Revenue per Audited Statements
$2,670,390
Total Revenue per Form 990
$2,577,013
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,175,267
Salaries, Compensation, and Employee Benefits$1,039,187
Total Fundraising Expense$222,658
Grants and Similar Amounts Paid$25,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$400,850$228,387$93,672$722,909
Fees for Services Other$531,581$20,262-$551,843
Conferences and Meetings$170,157$68,132$139$238,428
Current Officers, Directors, Trustees, and Key Employees$95,305$75,276$23,512$194,093
Occupancy$2,440$102,922-$105,362
Travel$37,662$34,413-$72,075
Office Expenses$7,920$61,170$969$70,059
Payroll Taxes$31,719$25,052$7,825$64,596
Other Employee Benefits$28,277$22,335$6,977$57,589
Fees for Services Accounting-$27,257-$27,257
Information Technology$4,500$22,472-$26,972
Foreign Grants$25,000--$25,000
Insurance-$5,143-$5,143
Advertising-$3,172-$3,172
Interest-$2,621-$2,621
Depreciation Depletion-$2,203-$2,203
Other Expenses$226,570$-316,134$89,564$0
Total Functional Expenses$1,623,202$393,594$222,658$2,239,454

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,332,831
Expenses per Audited Statements$2,239,454
Total Expenses per Form 990$2,239,454
Expenses Not Reported on Form 990$93,377
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
16
Spending
$649,409

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$171,413
North America - Canada and Mexico, but not the United StatesProgram servicesEducation and certification activities in Mexico and Canada02$151,801
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program servicesEducation and certification activities in China, Australia and Indonesia03$150,095
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram services and grant to organization in regionEducation and certification activities in Europe and Turkey02$71,586
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program servicesEducation and certification activities in Peru, Chile, Colombia and Brazil04$54,936
Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program servicesEducation and certification activities in Nigeria and South Africa02$36,621
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program servicesEducation and certification activities in Costa Rica and Jamaica02$12,957
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program servicesEducation and certification activities in Israel00-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$73,778
Fundraising Gross Income$73,720
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2017 Gala & Symposium$155,812$73,720$28,107$45,613
Total Events$155,812$73,720$73,778$-58
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$1,974
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
1100 H Street NW No 1100, Washington, DC 20005

Signing Officer

Name
Elizabeth A Vazquez
Title
President
Phone
2028106000
Signed
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth A Vazquez
Formed
2009
Legal Domicile
De
Voting Board Members
19
Independent Board Members
18
Employees
14
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 3,429. Fundraising expenses 0. Total expenses 3,429. Program Consultants: Program service expenses 530,581. Management and general expenses 16,833. Fundraising expenses 0. Total expenses 547,414. Other consultants: Program service expenses 1,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,000.”

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.”

Part XI, Line 2D - Other Adjustments:

“Gala expenses 73,778.”

Part XII, Line 2D - Other Adjustments:

“Gala expenses 73,778.”

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IRS990/Desc0Asia: Greater China, India and Indonesia WEConnect International identifies and engages women business owners in Greater China, India and Indonesia to deliver supplier development training and connections to major multinational corporations. Businesses that join our global database are connected to certified business and corporations seeking vendors for increased educational and business opportunities. Greater China includes Mainland China, Hong Kong, Macau and Taiwan.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Elizabeth Vazquez
IRS990/Form990PartVIISectionAGrp/PersonNm1Michael Robinson
IRS990/Form990PartVIISectionAGrp/PersonNm2Natalie Stirling-Sanders
IRS990/Form990PartVIISectionAGrp/PersonNm3Joan Namahna Kerr
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IRS990/Form990PartVIISectionAGrp/PersonNm7Andy Butler
IRS990/Form990PartVIISectionAGrp/PersonNm8Estrella Cramer
IRS990/Form990PartVIISectionAGrp/PersonNm9Shirley Creed
IRS990/Form990PartVIISectionAGrp/PersonNm10Jeannine Florre
IRS990/Form990PartVIISectionAGrp/PersonNm11Darlene Fuller
IRS990/Form990PartVIISectionAGrp/PersonNm12Jenny Grieser
IRS990/Form990PartVIISectionAGrp/PersonNm13Ellen Jameson
IRS990/Form990PartVIISectionAGrp/PersonNm14Beverly Jennings
IRS990/Form990PartVIISectionAGrp/PersonNm15Kellie Lish
IRS990/Form990PartVIISectionAGrp/PersonNm16Moreen Romans
IRS990/Form990PartVIISectionAGrp/PersonNm17Megan Stowe
IRS990/Form990PartVIISectionAGrp/PersonNm18Peter Zerp
IRS990/Form990PartVIISectionAGrp/PersonNm19Margareta Schettler
IRS990/Form990PartVIISectionAGrp/PersonNm20Michael Tobolski
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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/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19COO
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director of Corporate Relations
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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
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt057589
IRS990/OtherExpensesGrp/Desc0Certification fee
IRS990/OtherExpensesGrp/Desc1Licenses, fees, permits
IRS990/OtherExpensesGrp/Desc2Dues and subscriptions
IRS990/OtherExpensesGrp/Desc3Indirect allocation
IRS990/OtherExpensesGrp/FundraisingAmt089564
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13600
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IRS990/OtherExpensesGrp/ProgramServicesAmt060806
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0722909
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07825
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025052
IRS990/PayrollTaxesGrp/ProgramServicesAmt031719
IRS990/PayrollTaxesGrp/TotalAmt064596
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt092805
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0106786
IRS990/PoliticalCampaignActyInd00
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IRS990/PrincipalOfficerNm0Elizabeth A Vazquez
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0Membership dues
IRS990/ProgramServiceRevenueGrp/Desc1Program events
IRS990/ProgramServiceRevenueGrp/Desc2Certification fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01152016
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1115695
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2105285
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01152016
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1115695
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2105285
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/ExpenseAmt0450000
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/ExpenseAmt0107690
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/ExpenseAmt0232342
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1120389
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Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$627,338
Liabilities
$416,613
Net assets
$210,725
Revenue
$2,577,013
Expenses
$2,239,454
Net income
$337,559
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
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.42$0.21$2.58$2.24$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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