Civic Intelligence

Multicultural Women Executive Leadership Foundation

EIN 46-4379762 • 501(c)3 • Los Angeles, CA

Profile

The Multicultural Women Executive Leadership Foundation is a non-profit organization that offers leadership and entrepreneurship training and development for multicultural women and men. Its focus is on strengthening the US economic landscape by leveraging multicultural women and mens cultural capital through customized gender and cultural education access to business capital mentorship and a support network. It accomplishes this by empowering multicultural women and men to develop leadership and entrepreneurial intelligence create jobs and develop leaders thus spawning a new generation of successfully sustainable multicultural high-level leaders and companies.

2355 Westwood Blvd 1844Los Angeles, CA 90064

www.multiculturalwomenlead.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

49th percentile

1.0%

Higher net margin than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

68th percentile

9.9%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

0.8%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$49,720

Up $41 (+0.1%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$49,720

Up $41 (+0.1%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin49th percentile

Revenue

Up

$430,142

Up $1,484 (+0.3%) from 2023

Expenses

Up

$430,101

Up $1,500 (+0.3%) from 2023

Net Income

Down

$41

Down $16 (-28%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth68th percentile

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

$60K$40K$20K$0Assets 2014: $15,225Liabilities 2014: $0Net Assets 2014: $15,2252014Assets 2015: $15,225Liabilities 2015: $0Net Assets 2015: $15,2252015Assets 2016: $12,220Liabilities 2016: $0Net Assets 2016: $12,2202016Assets 2017: $27,404Liabilities 2017: $0Net Assets 2017: $27,4042017Assets 2018: $27,404Liabilities 2018: $0Net Assets 2018: $27,4042018Assets 2019: $38,390Liabilities 2019: $0Net Assets 2019: $38,3902019Assets 2020: $41,325Liabilities 2020: $0Net Assets 2020: $41,3252020Assets 2021: $45,425Liabilities 2021: $0Net Assets 2021: $45,4252021Assets 2022: $49,622Liabilities 2022: $0Net Assets 2022: $49,6222022Assets 2023: $49,679Liabilities 2023: $0Net Assets 2023: $49,6792023Assets 2024: $49,720Liabilities 2024: $0Net Assets 2024: $49,7202024

Highlighted filing

2024

Assets$49,720
Liabilities$0
Net Assets$49,720
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

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

$800K$600K$400K$200K$0Revenue 2014: $152,000Expenses 2014: $136,775Net Income 2014: $15,2252014Revenue 2015: $261,000Expenses 2015: $261,000Net Income 2015: $02015Revenue 2016: $310,680Expenses 2016: $298,460Net Income 2016: $12,2202016Revenue 2017: $441,048Expenses 2017: $425,864Net Income 2017: $15,1842017Revenue 2018: $456,747Expenses 2018: $434,447Net Income 2018: $22,3002018Revenue 2019: $616,258Expenses 2019: $606,442Net Income 2019: $9,8162019Revenue 2020: $408,142Expenses 2020: $405,207Net Income 2020: $2,9352020Revenue 2021: $411,600Expenses 2021: $407,500Net Income 2021: $4,1002021Revenue 2022: $415,202Expenses 2022: $411,005Net Income 2022: $4,1972022Revenue 2023: $428,658Expenses 2023: $428,601Net Income 2023: $572023Revenue 2024: $430,142Expenses 2024: $430,101Net Income 2024: $412024

Highlighted filing

2024

Revenue$430,142
Expenses$430,101
Net Income$41
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,720
Liabilities
$0
Net assets
$49,720
Revenue
$430,142
Expenses
$430,101
Net income
$41
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$4.30$4.30$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$4.29$4.29$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$4.15$4.11$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$4.12$4.08$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$4.08$4.05$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$6.16$6.06$0.10
2018Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$4.57$4.34$0.22
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$4.41$4.26$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$3.11$2.98$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$2.61$2.61$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$1.52$1.37$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.1
Gross Receipts
$430,142
Mission and Program Overview

Mission

The LATINA GLOBAL EXECUTIVE LEADERSHIP INSTITUTE (the Institute) is dedicated to the promotion, development and continued growth and success of Latina leaders and Latina business owners. Our goal is to provide the Latina Community with professionally conducted seminars and workshops designed to provide the Latina business and non-profit leaders & entrepreneurs with the strategies and formulas necessary to commence and sustain new and existing business ventures. These goals will be accomplished through workshops, seminars and annual conferences. The LATINA GLOBAL EXECUTIVE LEADERSHIP INSTITUTE serves as a Leadership and Economic Development Committee to empower the Hispanic Community in issues such as Job Creation and Leadership Education.

The Multicultural Women Executive Leadership Foundation is a non-profit organization that offers leadership and entrepreneurship training and development for multicultural women and men. Its focus is on strengthening the US economic landscape by leveraging multicultural women and mens cultural capital through customized gender and cultural education access to business capital mentorship and a support network. It accomplishes this by empowering multicultural women and men to develop leadership and entrepreneurial intelligence create jobs and develop leaders thus spawning a new generation of successfully sustainable multicultural high-level leaders and companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$49,679$49,720▲ $41
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$49,679$49,720▲ $41
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$49,679$49,720▲ $41
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$49,679$49,720▲ $41
Total Liabilities and Net Assets / Fund Balance$49,679$49,720▲ $41
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Zulema BastienVice-Chair of Board
Rosemary Bernal-GomezBoard Member
Yimi CasasolaTreasurer and Board Member
Yasmin DaviddsCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$430,142
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$430,142
Change in Net Assets
$41
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$430,101
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$182,001$0$0$182,001
Payments to Affiliates$79,440$0$0$79,440
Fees for Services Management$52,000$0$0$52,000
Advertising$36,020$0$0$36,020
Occupancy$31,451$0$0$31,451
Office Expenses$26,741$0$0$26,741
Information Technology$22,448$0$0$22,448
Total Functional Expenses$430,101$0$0$430,101
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI, Line 3

“| Name of the management: Compensated any employees: Total no.of employees compensated: Reportable compensation: Other compensation:| DKI Corporation No 0 |”

Part VI, Line 8A

“n a”

Part VI, Line 11B

“No review was or will be conducted”

Part VI, Line 12C

“Procedures duty to disclose in connection with any actual or possible conflict of interest. Person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the board of directors and member of the committees or employers with board delegated considering the proposed transaction or arrangement.”

Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Multicultural Women Executive Leadership Foundation
EIN
46-4379762
In Care Of
% Yasmin Davidds
Phone
6263188679
Address
2355 WESTWOOD BLVD 1844, Los Angeles, CA 90064
Doing Business As
Multicultural Women Executive Leadership Foundation

Signing Officer

Name
Yasmin Davidds
Title
CEO
Signed
2025-04-30

Organization Details

Formed
2013
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
84
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IRS990/MissionDesc0The Multicultural Women Executive Leadership Foundation is a non-profit organization that offers leadership and entrepreneurship training and development for multicultural women and men. Its focus is on strengthening the US economic landscape by leveraging multicultural women and mens cultural capital through customized gender and cultural education access to business capital mentorship and a support network. It accomplishes this by empowering multicultural women and men to develop leadership and entrepreneurial intelligence create jobs and develop leaders thus spawning a new generation of successfully sustainable multicultural high-level leaders and companies.
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Yasmin Davidds
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IRS990/ProgSrvcAccomActy2Grp/Desc0The program is comprised of three main components: Development of Multicultural Entrepreneurial Leadership skills through Harvards highly acclaimed Authentic Leadership curriculum. Integrated study of a comprehensive step-by-step systematic business growth model. A network of successful Multicultural Entrepreneurs to help business owners focus on their most critical business issues and increase business capacity. The Multicultural Entrepreneur Program is focused on unlocking the growth and job creation potential of multicultural-owned small businesses in California through greater access to business education financial capital and business support services. The program is co-sponsored and hosted in partnership with the USC Marshall School of Business and the USC Latino Alumni Association.
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