THE FOUNDATION OF THE WOMEN PRESIDENTS ORGANIZATION INC

EIN: 474461014 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$294,080
Total Expenses
$606,151
Total Assets
$202,395
Net Assets
$-78,507
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
CAMILLE BURNS
Phone
6466685460
Tax Period
2024-01-01 to 2024-12-31

THE FOUNDATION OF THE WOMEN PRESIDENTS ORGANIZATION INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $294K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $606K exceeded revenue, resulting in a 106% operating deficit.

Mission

THE FOUNDATION WAS FORMED TO SUPPORT, BENEFIT AND ASSIST THE WOMEN PRESIDENTS' ORGANIZATION'S MISSION TO ACCELERATE BUSINESS GROWTH, ENHANCE COMPETITIVENESS, AND PROMOTE ECONOMIC SECURITY FOR WOMEN ENTREPRENEURS AND WOMEN-LED BUSINESSES. IT WILL PROVIDE A VEHICLE FOR CORPORATE SPONSORS, INDIVIDUAL DONORS AND OTHER FOUNDATIONS TO SUPPORT WPO'S EDUCATIONAL PROGRAMS WITH CHARITABLE CONTRIBUTIONS.

Program Service Accomplishments

Program 1
Expenses: $558,373 Revenue: $262,500

FWPO CONTINUED PROVIDING ITS SPARK PROGRAM BY HARVARD BUSINESS PUBLISHING, TO ALL CHAPTER CHAIRS, AND WPO MEMBERS AT NO ADDITIONAL COST TO THEIR EXISTING MEMBERSHIP. SPARK IS A FLEXIBLE ONLINE...

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FWPO CONTINUED PROVIDING ITS SPARK PROGRAM BY HARVARD BUSINESS PUBLISHING, TO ALL CHAPTER CHAIRS, AND WPO MEMBERS AT NO ADDITIONAL COST TO THEIR EXISTING MEMBERSHIP. SPARK IS A FLEXIBLE ONLINE PROGRAM WHICH CONTAINS ACCESS TO 18,500+ ARTICLES, 1630+ VIDEOS, 1500+ PODCASTS, 700+ HBR CASES, AND THE ABILITY TO SELF-CURATE CUSTOMIZED LEARNING PATHS. IN 2023, WE LAUNCHED A SUPPLEMENTARY TOOL FOR CHAPTER CHAIRS TO DELIVER RELEVANT, ENGAGING CONTENT AT CHAPTER MEETINGS USING SPARK RESOURCES, CALLED SPARK KITS. THE KITS ARE TOPICAL-BASED OVERVIEWS CONTAINING SUMMARIES OF SPARK CONTENT, DISCUSSION STARTERS AND KEY RESOURCES, WITH FACILITATION INSTRUCTIONS. THE FWPO HAS CONTINUED THE LEADING BUSINESS AND PERSONAL TRANSITIONS PROGRAM LAUNCHED AT HARVARD BUSINESS SCHOOL (HBS) IN 2023. TTHIS PROGRAM, CREATED AND LED BY THE EXCEPTIONAL PROFESSORS LYNDA APPLEGATE AND DAVID AGER, WAS DESIGNED SPECIFICALLY FOR WPO. THIS RARE OPPORTUNITY ALLOWED WPO MEMBERS TO LEARN FROM TOP PROFESSORS AT HBS AND HAVE ENRICHING DISCUSSIONS WITH OTHER WOMEN BUSINESS OWNERS.

Program 2

COMMUNICATION AND OUTREACH.

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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 $31,580
Program Service Revenue $262,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $294,080

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $558,373
Other Expenses $606,151
TOTAL EXPENSES $606,151

Year-over-Year Comparison

2024 2023 Change
Revenue $294,080 $551,750 -0.5%
Expenses $606,151 $519,124 +0.2%
Net Income $-312,071 $32,626 -10.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
N/A

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
4
$355,213
Total Directors
7
$355,213
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAMILLE BURNS PRESIDENT & 5.00
Officer Director
$0 $18,278 $355,213
MICHELE BAILEY TERM END 2024 BOARD MEMBER 1.00
Director
$0 $0 $0
JUDITH GOLDKRAND TERM END 2025 BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SUSAN DENK TREASURER 1.00
Officer Director
$0 $0 $0
SHAWNTERA HARDY BOARD MEMBER 1.00
Director
$0 $0 $0
KATHY PEDROTTI HAYS SECRETARY 1.00
Officer Director
$0 $0 $0
NICOLETTE ALGENE JACOBS BOARD MEMBER 1.00
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 $294,080 $606,151 $202,395 $-312,071
2023 $551,750 $519,124 $458,248 $32,626
2022 $370,530 $75,649 $428,095 $294,881
2021 $3,604 $38,982 $59,795 $-35,378
2020 $65,625 $14,941 $93,227 $50,684
2019 $148,951 $144,474 $39,826 $4,477
2018 $200,037 $212,856 $63,750 $-12,819
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