Civic Intelligence

Direct Women

990 • Fiscal year 2023 • EIN 83-3461885

Jan 01, 2023 to Dec 31, 2023 • Filed on May 31, 2024

Organization ProfileDIRECTWOMEN.ORG
106 W Calendar Avenue Suite 93LA Grange, IL 60525-2325

(708) 244-9006

Siviq Scores

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

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

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

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

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

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

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

Top Officer Pay

88th percentile

$178,860

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

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

Asset Growth

61st percentile

9.2%

Faster asset growth than 61% of similar nonprofits.

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

Revenue Growth

37th percentile

-0.5%

Faster revenue growth than 37% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets35th percentile

Assets

Flat

$2,319,884

Flat from 2023

Net Assets

Flat

$2,279,848

Flat from 2023

Liabilities

Flat

$40,036

Flat from 2023

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin73rd percentile

Revenue

Flat

$1,067,160

Flat from 2023

Expenses

Flat

$862,973

Flat from 2023

Net Income

Flat

$204,187

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$3.0M$2.0M$1.0M$0Assets 2020: $1,544,894Liabilities 2020: $164,211Net Assets 2020: $1,380,6832020Assets 2021: $1,697,421Liabilities 2021: $27,636Net Assets 2021: $1,669,7852021Assets 2022: $2,123,715Liabilities 2022: $48,054Net Assets 2022: $2,075,6612022Assets 2023: $2,319,884Liabilities 2023: $40,036Net Assets 2023: $2,279,8482023Assets 2023: $2,319,884Liabilities 2023: $40,036Net Assets 2023: $2,279,8482023Assets 2024: $2,627,482Liabilities 2024: $64,389Net Assets 2024: $2,563,0932024

Highlighted filing

2023

Assets$2,319,884
Liabilities$40,036
Net Assets$2,279,848
Open 2023 Filing

Operations Trend

Revenue Growth37th percentile

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

$2.0M$1.5M$1.0M$500K$0Revenue 2020: $1,740,142Expenses 2020: $363,594Net Income 2020: $1,376,5482020Revenue 2021: $715,397Expenses 2021: $426,294Net Income 2021: $289,1032021Revenue 2022: $1,073,014Expenses 2022: $667,138Net Income 2022: $405,8762022Revenue 2023: $1,067,160Expenses 2023: $862,973Net Income 2023: $204,1872023Revenue 2023: $1,067,160Expenses 2023: $862,973Net Income 2023: $204,1872023Revenue 2024: $1,335,162Expenses 2024: $1,051,917Net Income 2024: $283,2452024

Highlighted filing

2023

Revenue$1,067,160
Expenses$862,973
Net Income$204,187
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 31, 2024
Return Version
2023v5.0
Gross Receipts
$1,067,160
Mission and Program Overview

Mission

Directwomen is a nonprofit organization whose mission is to increase the representation of women lawyers on corporate boards. Directwomen identifies leading women lawyers from around the country who are able to provide the experience, independence, and business judgment required for board effectiveness. Through its various programs, directwomen develops and positions women attorney leaders for board service. It also serves as a resource for companies seeking qualified women board candidates.

Directwomen is a nonprofit organization whose mission is to increase the representation of women lawyers on corporate boards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,816,596$1,234,089▼ $582,507
Savings and Temporary Cash Investments$251,715$1,035,802▲ $784,087
Prepaid Expenses and Deferred Charges$5,898$31,829▲ $25,931
Pledges and Grants Receivable$49,506$15,960▼ $33,546
Land, Buildings, and Equipment, Net$0$2,204▲ $2,204
Total Assets$2,123,715$2,319,884▲ $196,169
Liabilities
Deferred Revenue$18,000$21,000▲ $3,000
Accounts Payable and Accrued Expenses$30,054$19,036▼ $11,018
Total Liabilities$48,054$40,036▼ $8,018
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,062,661$2,279,848▲ $217,187
Net Assets With Donor Restrictions$13,000$0▼ $13,000
Total Net Assets Fund Balance$2,075,661$2,279,848▲ $204,187
Total Liabilities and Net Assets / Fund Balance$2,123,715$2,319,884▲ $196,169

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,204$551$2,755
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shawn Taylor KaminskiExecutive DirectorFT$143,156$35,704$178,860
Kelsey VuillemotDirector of Programs and OperationsFT$103,750$18,569$122,319

Board Members and Trustees

NameTitle
Catharine ArrowoodChair
Denise KeaneImmediate Past Chair
Lily Yan HughesVice Chair
Andrea ZoppDirector
Elisa GarciaDirector
Eve HowardDirector
Jenny HochenbergDirector
Michele ConnellDirector
Michelle BanksDirector
Sarah Dodds-brownDirector
Sheri EdisonDirector
Susan LaniganDirector
Trevor NorwitzDirector
Yen D ChuDirector
Maria C GreenSecretary
Mark GentileTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$757,687
Program Service Revenue
$250,800
Investment Income
$55,944
Other Revenue
$2,729
All Other Contributions
$757,687
Change in Net Assets
$204,187

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,067,160
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$38,263
Total Revenue per Audited Statements
$1,105,423
Total Revenue per Form 990
$1,067,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$484,898
Salaries, Compensation, and Employee Benefits$378,075
Total Fundraising Expense$85,858
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$206,655$11,486$23$218,164
Fees for Services Other$102,358$69,929$10,847$183,134
Current Officers, Directors, Trustees, and Key Employees$81,703$63,692$33,465$178,860
Other Salaries and Wages$68,702$52,341$27,323$148,366
Other Employee Benefits$12,391$10,604$5,709$28,704
Payroll Taxes$10,388$7,761$3,996$22,145
Information Technology$1,188$12,383$137$13,708
All Other Expenses$1,979$3,690$3,504$9,173
Other Expenses$5,086$1,026$415$6,527
Insurance-$3,331-$3,331
Depreciation Depletion$551--$551
Total Functional Expenses$534,491$242,624$85,858$862,973

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$901,236
Expenses per Audited Statements$862,973
Total Expenses per Form 990$862,973
Expenses Not Reported on Form 990$38,263
Expenses Not Reported on Financial Statements$0
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
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
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, Part VI, Section B, Line 11B

“The 990 is reviewed by the executive director, the audit and finance committee, and provided to the full board before filing.”

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

“If a potential conflict of interest is identified, the board will determine whether a conflict exists and is material, and in the presence of an existing material conflict, determine whether the contemplated transaction may be authorized as just, fair, and reasonable to direct women. The board records in its meeting minutes the potential conflict of interest and will document that in making a decision it has used the procedures and criteria provided in the conflict of interest policy.”

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

“The board of directors approves the executive director's salary each year using comparisons to other nonprofits as a benchmark.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Direct Women
EIN
83-3461885
Phone
7082449006
Address
106 W CALENDAR AVENUE SUITE 93, LA GRANGE, IL 60525-2325
Doing Business As
Directwomen

Signing Officer

Name
Shawn Taylor Kaminski
Title
Executive Director
Phone
7082449006
Signed
2024-05-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Taylor Kaminski
Formed
2019
Legal Domicile
Pa
Voting Board Members
16
Independent Board Members
16
Employees
3
Volunteers
113

Preparer

Firm
Snyder Cohn Pc
Address
11200 ROCKVILLE PIKE SUITE 415, NORTH BETHESDA, MD 20852
Preparer
Keith Jennings
Phone
3016526700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Audit, accounting, compliance, fundraising, consulting fees: program service expenses 102,358. Management and general expenses 69,929. Fundraising expenses 10,847. Total expenses 183,134.”

Form 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Directwomen is recognized as a tax-exempt organization under section 501c3 of the internal revenue code, and is exempt from income taxes except for taxes on unrelated business activities. No tax expense is recorded in the accompanying financial statements for the year ended december 31, 2023, as there were no unrelated business activities. Management has evaluated directwomen's tax positions and has concluded that directwomen has taken no uncertain tax positions that qualify for either recognition or disclosure in the accompanying financial statements.”

Raw XML AppendixShowing 400 of 575 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/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF PROGRAMS AND OPERATIONS
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Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,319,884
Liabilities
$40,036
Net assets
$2,279,848
Revenue
$1,067,160
Expenses
$862,973
Net income
$204,187
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.06$2.56$1.34$1.05$0.28
2023Detailed filing. Detailed filing data is available for this year.$2.32$0.04$2.28$1.07$0.86$0.20
2023Summary only. Only limited summary data is available for this year.$2.32$0.04$2.28$1.07$0.86$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.05$2.08$1.07$0.67$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.03$1.67$0.72$0.43$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.16$1.38$1.74$0.36$1.38