Civic Intelligence

5050 Women on Boards Inc

EIN 27-3272688 • 501(c)3 • Los Angeles, CA

Profile

50/50 women on boards is committed to accelerating gender balance and diversity on boards of russell 3000 index companies, with women holding 50% of the board seats and women of color holding at least 20% of the board seats.

PO Box 861958Los Angeles, CA 90086

5050wob.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.04x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

55th percentile

6.8%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$254,649

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

54th percentile

5.1%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

19%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$2,125,897

Up $102,377 (+5.1%) from 2023

Liabilities

Down

$85,621

Down $25,239 (-23%) from 2023

Net Assets

Up

$2,040,276

Up $127,616 (+6.7%) from 2023

Operations
Liabilities / Revenue42nd percentileNet Margin55th percentile

Revenue

Up

$1,954,932

Up $310,019 (+19%) from 2023

Expenses

Up

$1,822,316

Up $326,971 (+22%) from 2023

Net Income

Down

$132,616

Down $16,952 (-11%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth54th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2014: $96,221Liabilities 2014: $2,894Net Assets 2014: $93,3272014Assets 2015: $97,773Liabilities 2015: $49,720Net Assets 2015: $48,0532015Assets 2016: $164,665Liabilities 2016: $11,020Net Assets 2016: $153,6452016Assets 2017: $268,799Liabilities 2017: $49,719Net Assets 2017: $219,0802017Assets 2018: $615,594Liabilities 2018: $132,732Net Assets 2018: $482,8622018Assets 2019: $1,142,871Liabilities 2019: $369,601Net Assets 2019: $773,2702019Assets 2020: $1,550,075Liabilities 2020: $345,860Net Assets 2020: $1,204,2152020Assets 2021: $1,977,255Liabilities 2021: $114,989Net Assets 2021: $1,862,2662021Assets 2022: $1,883,985Liabilities 2022: $120,893Net Assets 2022: $1,763,0922022Assets 2023: $2,023,520Liabilities 2023: $110,860Net Assets 2023: $1,912,6602023Assets 2024: $2,125,897Liabilities 2024: $85,621Net Assets 2024: $2,040,2762024

Highlighted filing

2024

Assets$2,125,897
Liabilities$85,621
Net Assets$2,040,276
Open 2024 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2014: $251,009Expenses 2014: $278,626Net Income 2014: -$27,6172014Revenue 2015: $331,479Expenses 2015: $376,753Net Income 2015: -$45,2742015Revenue 2016: $353,279Expenses 2016: $247,687Net Income 2016: $105,5922016Revenue 2017: $449,229Expenses 2017: $383,794Net Income 2017: $65,4352017Revenue 2018: $614,502Expenses 2018: $350,720Net Income 2018: $263,7822018Revenue 2019: $1,045,196Expenses 2019: $754,788Net Income 2019: $290,4082019Revenue 2020: $1,471,452Expenses 2020: $1,040,507Net Income 2020: $430,9452020Revenue 2021: $1,857,145Expenses 2021: $1,263,894Net Income 2021: $593,2512021Revenue 2022: $1,033,054Expenses 2022: $1,132,228Net Income 2022: -$99,1742022Revenue 2023: $1,644,913Expenses 2023: $1,495,345Net Income 2023: $149,5682023Revenue 2024: $1,954,932Expenses 2024: $1,822,316Net Income 2024: $132,6162024

Highlighted filing

2024

Revenue$1,954,932
Expenses$1,822,316
Net Income$132,616
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,125,897
Liabilities
$85,621
Net assets
$2,040,276
Revenue
$1,954,932
Expenses
$1,822,316
Net income
$132,616
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.09$2.04$1.95$1.82$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.02$0.11$1.91$1.64$1.50$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.88$0.12$1.76$1.03$1.13$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.98$0.11$1.86$1.86$1.26$0.59
2020Detailed filing. Detailed filing data is available for this year.$1.55$0.35$1.20$1.47$1.04$0.43
2019Detailed filing. Detailed filing data is available for this year.$1.14$0.37$0.77$1.05$0.75$0.29
2018Detailed filing. Detailed filing data is available for this year.$0.62$0.13$0.48$0.61$0.35$0.26
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.05$0.22$0.45$0.38$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$0.35$0.25$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.05$0.05$0.33$0.38$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.09$0.25$0.28$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 28, 2025
Return Version
2024v5.2
Gross Receipts
$1,954,932
Mission and Program Overview

Mission

National education and advocacy campaign to increase the percentage of women on u.s. Company boards to 20% or greater by the year 2020.

50/50 women on boards is committed to accelerating gender balance and diversity on boards of russell 3000 index companies, with women holding 50% of the board seats and women of color holding at least 20% of the board seats.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,447,659$1,452,119▲ $4,460
Savings and Temporary Cash Investments$476,858$567,253▲ $90,395
Accounts Receivable$44,126$56,159▲ $12,033
Intangible Assets$46,349$33,006▼ $13,343
Prepaid Expenses and Deferred Charges$8,528$17,360▲ $8,832
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$2,023,520$2,125,897▲ $102,377
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$67,774$54,512▼ $13,262
Deferred Revenue$43,086$31,109▼ $11,977
Total Liabilities$110,860$85,621▼ $25,239
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,512,660$1,490,276▼ $22,384
Net Assets With Donor Restrictions$400,000$550,000▲ $150,000
Total Net Assets Fund Balance$1,912,660$2,040,276▲ $127,616
Total Liabilities and Net Assets / Fund Balance$2,023,520$2,125,897▲ $102,377
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather SpilsburyCEOFT$218,211$33,042$254,649
Shane CullenDirector of DevelopmentFT$150,000$7,075$162,917
Betsy Berkhemer-CredairePresidentFT$150,000$21,978$162,740
Jenny TianVP of MarketingFT$140,000$12,617$152,617
Eugenia TelloDirector of FinanceFT$133,500$9,847$143,347
Stephanie SonnabendBoard ChairPT$14,500-$14,500

Board Members and Trustees

NameTitle
Malli GeroVice Chair
Denise SingletonDirector
Fabi HabschmidDirector
Herman BullsDirector
Jan JonesDirector
John DriverDirector
Maria RivasDirector
Michael FraccaroDirector
Robin FerraconeDirector
Sali OsmanDirector
Tracey DoiDirector
Renee FraserTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
BrilliantXPProduction Material5346 Redfield Road, Dunwoody, GA 30338-
Revenue and Support

Revenue Composition

Contributions and Grants
$195,388
Program Service Revenue
$1,718,275
Investment Income
$41,269
Other Revenue
$0
All Other Contributions
$195,388
Change in Net Assets
$132,616

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$178,650Fair Market Value (FMV)
Other Non Cash Contri Table1$10,073Fair Market Value (FMV)
Other Non Cash Contri Table1$6,477Fair Market Value (FMV)
Other Non Cash Contri Table-$188Fair Market Value (FMV)
Total Noncash Contributions3$195,388-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,954,932
Revenue Not Reported on Form 990
$50,819
Total Revenue per Audited Statements
$2,005,751
Total Revenue per Form 990
$1,954,932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,019,417
Other Expenses$802,899
Total Fundraising Expense$12,964
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$500,992$88,144$5,670$594,806
Other Salaries and Wages$249,158$43,837$2,820$295,815
Payroll Taxes$56,084$10,675$592$67,351
Fees for Services Accounting-$66,696-$66,696
Advertising$44,045$1,563-$45,608
Fees for Services Other$24,587$12,973-$37,560
Other Employee Benefits$33,896$-235$269$33,930
Pension Plan Contributions$23,091$4,172$252$27,515
Other Expenses$17,308$19,787$666$17,308
Depreciation Depletion$13,343--$13,343
Travel$537$11,368-$11,905
Insurance$5,591$2,181$45$7,817
All Other Expenses-$2,864-$2,864
Office Expenses$68$1,234-$1,302
Total Functional Expenses$1,518,818$290,534$12,964$1,822,316

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,878,135
Expenses per Audited Statements$1,822,316
Total Expenses per Form 990$1,822,316
Expenses Not Reported on Form 990$55,819
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Stephanie SonnabendBoard ChairModerator and ResearchNo$13,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 B, Line 11B

“The organization's board chair, ceo, coo, and director of finance review the 990 form with the preparer and provide a copy to all board members.”

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

“Annually and as needed, each employee and board member provides a full written disclosure of all direct or indirect financial interests that could potentially result in a conflict of interest. After disclosure, the employee or board member will not be permitted to participate in the transaction or decision. The ceo determines whether a conflict of interest exists for an employee, and the appropriate response. The board of directors determines whether a conflict of interest exists for the ceo or a member of the board, and determines the appropriate response.”

Form 990, Part VI, Section B, Line 15A

“The Compensation Committee performs a market analysis and reviews current compensation of key employees based on year-end outcome.”

Form 990, Part VI, Section B, Line 15B

“All officer compensation is determined through contemporaneous documentation and recordkeeping for deliberations and decisions regarding the compensation.”

Form 990, Part VI, Section C, Line 18

“charity navigator and irs.gov”

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
5050 Women on Boards Inc
EIN
27-3272688
Phone
3234162020
Address
PO BOX 861958, LOS ANGELES, CA 90086

Signing Officer

Name
Heather Spilsbury
Title
CEO
Signed
2025-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Spilsbury
Formed
2010
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
11
Employees
6
Volunteers
400

Preparer

Firm
Healy and Associates
Address
1200 CONCORD AVE STE 250, CONCORD, CA 94520
Preparer
Hasina Sabrina Chowdhury
Phone
9256030800
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Bad debt = -$5000”

Financial Statement Notes

Part XII, Line 2D: Other expenses and losses per audited F/S

“Bad Debt $5000”

Raw XML AppendixShowing 400 of 661 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc050/50 WOMEN ON BOARDS IS COMMITTED TO ACCELERATING GENDER BALANCE AND DIVERSITY ON BOARDS OF RUSSELL 3000 INDEX COMPANIES, WITH WOMEN HOLDING 50% OF THE BOARD SEATS AND WOMEN OF COLOR HOLDING AT LEAST 20% OF THE BOARD SEATS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Education and Research. Since 2010, the Organization has analyzed and reported on public company board diversification. The Organization's quarterly and annual reports identify factors that promote or impede gender balance and diversity, while the Gender Diversity Directory Index tracks the gender makeup of public company boards. The Organization also hosts The Networking Hub, a subscription-based platform for ongoing board journey support.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Organization offers a suite of board readiness workshops, including: Board Fundamentals - for mid-career professionals exploring board service across sectors; Get on Board - for senior leaders refining their board pitch, board bio, and strategic network; and Branding for Boards - for professionals at all levels enhancing their digital presence for board consideration.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Launched in 2023, "50 Women to Watch for Boards" is a flagship initiative recognizing board-ready women across North America. Participants receive targeted training, mentorship, visibility, and access to a powerful peer and director network, supporting their path to public company board service.
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