Civic Intelligence

Women in Electronics

990 • Fiscal year 2023 • EIN 82-5442263

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 24, 2024

30262 Crown Valley Pkwy B200Laguna Niguel, CA 92677

(949) 533-1409

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.15x

Higher debt load relative to assets than 63% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

50th percentile

0.09x

Higher debt load relative to revenue than 50% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

53rd percentile

5.4%

Higher net margin than 53% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

94th percentile

$271,784

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 20.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

79th percentile

24%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

41%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$774,421

Up $147,749 (+24%) from 2022

Net Assets

Up

$658,238

Up $70,846 (+12%) from 2022

Liabilities

Up

$116,183

Up $76,903 (+196%) from 2022

Revenue

Up

$1,319,719

Up $385,046 (+41%) from 2022

Expenses

Up

$1,248,873

Up $467,851 (+60%) from 2022

Net Income

Down

$70,846

Down $82,805 (-54%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2021: $479,307Liabilities 2021: $45,566Net Assets 2021: $433,7412021Assets 2022: $626,672Liabilities 2022: $39,280Net Assets 2022: $587,3922022Assets 2023: $774,421Liabilities 2023: $116,183Net Assets 2023: $658,2382023Assets 2024: $790,546Liabilities 2024: $99,561Net Assets 2024: $690,9852024

Highlighted filing

2023

Assets$774,421
Liabilities$116,183
Net Assets$658,238

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2021: $873,344Expenses 2021: $454,705Net Income 2021: $418,6392021Revenue 2022: $934,673Expenses 2022: $781,022Net Income 2022: $153,6512022Revenue 2023: $1,319,719Expenses 2023: $1,248,873Net Income 2023: $70,8462023Revenue 2024: $1,448,521Expenses 2024: $1,415,774Net Income 2024: $32,7472024

Highlighted filing

2023

Revenue$1,319,719
Expenses$1,248,873
Net Income$70,846
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 24, 2024
Return Version
2023v5.0
Gross Receipts
$1,319,719
Mission and Program Overview

Mission

Women in electronics, fueled by authenticity, is a community of progressive women leaders at all stages of their careers dedicated to expanding the opportunities for women in the fast-paced electronics industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$526,076$612,124▲ $86,048
Pledges and Grants Receivable$97,500$140,514▲ $43,014
Prepaid Expenses and Deferred Charges$3,096$21,783▲ $18,687
Total Assets$626,672$774,421▲ $147,749
Liabilities
Accounts Payable and Accrued Expenses$10,711$70,512▲ $59,801
Deferred Revenue$28,569$37,092▲ $8,523
Other Liabilities-$8,579-
Total Liabilities$39,280$116,183▲ $76,903
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$587,392$658,238▲ $70,846
Total Net Assets Fund Balance$587,392$658,238▲ $70,846
Total Liabilities and Net Assets / Fund Balance$626,672$774,421▲ $147,749
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jackie MattoxPresident &FT$256,578$15,206$271,784
Jackie MattoxPresident & CEO-$256,578$15,206$271,784
Monica HighfillVice PresideFT$91,140$20,887$112,027

Board Members and Trustees

NameTitle
Amy KellerDirector
Lanan ClarkDirector
William LoweDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,001,352
Program Service Revenue
$318,367
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,001,352
Change in Net Assets
$70,846

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,319,719
Total Revenue per Audited Statements
$1,319,719
Total Revenue per Form 990
$1,319,719
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$743,078
Salaries, Compensation, and Employee Benefits$505,795
Total Fundraising Expense$125,433
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$226,191$67,168$64,448$357,807
Fees for Services Other$213,818$43,440$18,017$275,275
Other Salaries and Wages$88,088$267$214$88,569
Payroll Taxes$37,109$10,276$12,034$59,419
Information Technology$20,639$11,879$7,505$40,023
Fees for Services Accounting-$37,500-$37,500
Fees for Services Legal-$34,643-$34,643
Travel$7,093$985$3,150$11,228
All Other Expenses$3,937$4,465$1,121$9,523
Other Expenses$4,327$2,008$1,696$8,031
Office Expenses$2,261$864$600$3,725
Insurance$650$295$236$1,181
Total Functional Expenses$892,698$230,742$125,433$1,248,873

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,248,873
Total Expenses per Audited Statements$1,248,873
Total Expenses per Form 990$1,248,873
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
Credit Card Payable$8,579
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is prepared by we's external accounting firm and reviewed by we's internal accoutning consultant and management prior to filing. The form is distrbiuted to the full board of directors.

Form 990, Page 6, Part VI, Line 12C

Annually, board members are required to deliver the acknowledgement letter they received after they have reviewed and have agree to the be bound by the confilct of interest policy.

Form 990, Page 6, Part VI, Line 15A

The board of directors approves the compensation for the executive direcotr based on data showing executive director salaries at comparable organizations.

Form 990, Page 6, Part VI, Line 19

The organization makes their irs form 990 and 1023 and any other documents required to be disclosed by law or regualtion aviaable to the public upon request.

Filing and Contact Details

Filer

Filer Name
Women in Electronics
EIN
82-5442263
Phone
9495331409
Address
30262 CROWN VALLEY PKWY B200, LAGUNA NIGUEL, CA 92677

Signing Officer

Name
Jackie Mattox
Title
President & CEO
Phone
9495331409
Signed
2024-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jackie Mattox
Formed
2017
Voting Board Members
5
Independent Board Members
3
Employees
3

Preparer

Firm
Lehman Flynn Vollaro Ny Cpas Pllc
Address
534 BROADHOLLOW ROAD - SUITE 302, MELVILLE, NY 11747
Preparer
Mathew Peretz
Phone
2127362220
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

The women in electronics (we) mission is to open the opportunities for women in the electronics industry. We have three main programs for training and development which are monthly leadership growth series that focuses on developing inclusive leadership skills. It is offered to members complimentary and non-members for a small fee. Second, the mentorship program, started as a national program but now is global and matches we members with specific mentors in the industry that can not only mentor them, but also serve as industry allys. This is a member benefit. Finally, chapters which are virtual, all industry thought leadership discussion that applies our monthly development content into real life where members can exchange ideas and grow together. Registration is complimentary for members and a small fee for non-members. Some additional complimentary offerings are the annual leadership conference which is a three-day summit that includes content specifically curated to develop inclusive leaders in the electronics industry and realted markets, as well as discuss critical topics impacting career advancement and industry growth. Women in electronics also offers a collegiate initiative by approaching colleges to recruit diverse talent, and the career corner for members to be able to search for industry opportunities and host their resume if they choose. There is also the quarterly life balance series, where we have subject matter experts talk about womens health and wellness issues that will contribute to enhancing their personal and professional lives. It is offered to members complimentary and non-members for a small fee. Industry special events - speaking on the diversity and inclusion topic at a few industry events per year, which is a complimentary service to the industry. Lastly, we also provide resources by researching on diversity and inclusion and offering vetted data and articles as a resource to the industry at large.

Form 990, Part IX, Line 11G

Consultants 213,818 43,440 18,017

Financial Statement Notes

Schedule D, Page 3, Part X

Women in electronics is organized as a california nonprofit corporation and has been recognized by the irs as exempt from federal income taxes under irc section 501(a) as an organization described in irc section 501(c)(3), qualifies for the charitable contribution deduction under irc sections 170 (b)(1)(a)(vi) and has been determined not to be a private foundation under irc sections 509(a)(1). We is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, we is subject to income tax on net income that is derived from business activities that is unrelated to its exempt purpose. We has determined that we is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs. We believes it has appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WOMEN IN ELECTRONICS IS ORGANIZED AS A CALIFORNIA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTIONS 170 (B)(1)(A)(VI) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER IRC SECTIONS 509(A)(1). WE IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, WE IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT IS UNRELATED TO ITS EXEMPT PURPOSE. WE HAS DETERMINED THAT WE IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. WE BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE WOMEN IN ELECTRONICS (WE) MISSION IS TO OPEN THE OPPORTUNITIES FOR WOMEN IN THE ELECTRONICS INDUSTRY. WE HAVE THREE MAIN PROGRAMS FOR TRAINING AND DEVELOPMENT WHICH ARE MONTHLY LEADERSHIP GROWTH SERIES THAT FOCUSES ON DEVELOPING INCLUSIVE LEADERSHIP SKILLS. IT IS OFFERED TO MEMBERS COMPLIMENTARY AND NON-MEMBERS FOR A SMALL FEE. SECOND, THE MENTORSHIP PROGRAM, STARTED AS A NATIONAL PROGRAM BUT NOW IS GLOBAL AND MATCHES WE MEMBERS WITH SPECIFIC MENTORS IN THE INDUSTRY THAT CAN NOT ONLY MENTOR THEM, BUT ALSO SERVE AS INDUSTRY ALLYS. THIS IS A MEMBER BENEFIT. FINALLY, CHAPTERS WHICH ARE VIRTUAL, ALL INDUSTRY THOUGHT LEADERSHIP DISCUSSION THAT APPLIES OUR MONTHLY DEVELOPMENT CONTENT INTO REAL LIFE WHERE MEMBERS CAN EXCHANGE IDEAS AND GROW TOGETHER. REGISTRATION IS COMPLIMENTARY FOR MEMBERS AND A SMALL FEE FOR NON-MEMBERS. SOME ADDITIONAL COMPLIMENTARY OFFERINGS ARE THE ANNUAL LEADERSHIP CONFERENCE WHICH IS A THREE-DAY SUMMIT THAT INCLUDES CONTENT SPECIFICALLY CURATED TO DEVELOP INCLUSIVE LEADERS IN THE ELECTRONICS INDUSTRY AND REALTED MARKETS, AS WELL AS DISCUSS CRITICAL TOPICS IMPACTING CAREER ADVANCEMENT AND INDUSTRY GROWTH. WOMEN IN ELECTRONICS ALSO OFFERS A COLLEGIATE INITIATIVE BY APPROACHING COLLEGES TO RECRUIT DIVERSE TALENT, AND THE CAREER CORNER FOR MEMBERS TO BE ABLE TO SEARCH FOR INDUSTRY OPPORTUNITIES AND HOST THEIR RESUME IF THEY CHOOSE. THERE IS ALSO THE QUARTERLY LIFE BALANCE SERIES, WHERE WE HAVE SUBJECT MATTER EXPERTS TALK ABOUT WOMENS HEALTH AND WELLNESS ISSUES THAT WILL CONTRIBUTE TO ENHANCING THEIR PERSONAL AND PROFESSIONAL LIVES. IT IS OFFERED TO MEMBERS COMPLIMENTARY AND NON-MEMBERS FOR A SMALL FEE. INDUSTRY SPECIAL EVENTS - SPEAKING ON THE DIVERSITY AND INCLUSION TOPIC AT A FEW INDUSTRY EVENTS PER YEAR, WHICH IS A COMPLIMENTARY SERVICE TO THE INDUSTRY. LASTLY, WE ALSO PROVIDE RESOURCES BY RESEARCHING ON DIVERSITY AND INCLUSION AND OFFERING VETTED DATA AND ARTICLES AS A RESOURCE TO THE INDUSTRY AT LARGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PREPARED BY WE'S EXTERNAL ACCOUNTING FIRM AND REVIEWED BY WE'S INTERNAL ACCOUTNING CONSULTANT AND MANAGEMENT PRIOR TO FILING. THE FORM IS DISTRBIUTED TO THE FULL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, BOARD MEMBERS ARE REQUIRED TO DELIVER THE ACKNOWLEDGEMENT LETTER THEY RECEIVED AFTER THEY HAVE REVIEWED AND HAVE AGREE TO THE BE BOUND BY THE CONFILCT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS APPROVES THE COMPENSATION FOR THE EXECUTIVE DIRECOTR BASED ON DATA SHOWING EXECUTIVE DIRECTOR SALARIES AT COMPARABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES THEIR IRS FORM 990 AND 1023 AND ANY OTHER DOCUMENTS REQUIRED TO BE DISCLOSED BY LAW OR REGUALTION AVIAABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTANTS 213,818 43,440 18,017
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEHMAN FLYNN VOLLARO NY CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0534 BROADHOLLOW ROAD - SUITE 302
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-01
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ReturnHeader/ReturnTs02024-10-01T11:26:29-04:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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