Multicultural Women Executive Leadership Foundation

EIN: 464379762 501(c)(3) Education

Los Angeles, CA

Total Revenue
$430,142
Total Expenses
$430,101
Total Assets
$49,720
Net Assets
$49,720
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CA
Phone
6263188679
Tax Period
2024-01-01 to 2024-12-31

Multicultural Women Executive Leadership Foundation, founded in 2013, is a small nonprofit in the Education sector that reported $430K in total revenue in fiscal year 2024.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $430,142
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $430,142

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $430,101
Other Expenses $430,101
TOTAL EXPENSES $430,101

Year-over-Year Comparison

2024 2023 Change
Revenue $430,142 $428,658 +0.0%
Expenses $430,101 $428,601 +0.0%
Net Income $41 $57 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
84

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Yasmin Davidds CEO 15.00
Officer Director
$0 $0 $0
Zulema Bastien Vice-Chair of Board 15.00
Director
$0 $0 $0
Rosemary Bernal-Gomez Board Member 5.00
Director
$0 $0 $0
Yimi Casasola Treasurer and Board Member 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $430,142 $430,101 $49,720 $41
2023 $428,658 $428,601 $49,679 $57
2022 $415,202 $411,005 $49,622 $4,197
2021 $411,600 $407,500 $45,425 $4,100
2020 $408,142 $405,207 $41,325 $2,935
2020 $408,142 $408,142 $27,404 No data
2019 $616,258 $606,442 $38,390 $9,816
2019 $616,258 $616,258 $27,404 No data
2019 $466,258 $466,258 $27,404 No data
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