MICHIGAN COUNCIL OF WOMEN IN TECHNOLOGY FOUNDATION

EIN: 611465371 501(c)(3) Youth Development

SOUTHFIELD, MI

Total Revenue
$1,862,033
Total Expenses
$2,246,525
Total Assets
$1,677,597
Net Assets
$1,513,998
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MI
Principal Officer
ORLETTA CALDWELL
Phone
2482182578
Tax Period
2023-01-01 to 2023-12-31

MICHIGAN COUNCIL OF WOMEN IN TECHNOLOGY FOUNDATION, founded in 2003, is a community nonprofit in the Youth Development sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 21% operating deficit.

Mission

INSPIRE AND GROW WOMEN IN TECHNOLOGY.

Program Service Accomplishments

Program 1
Expenses: $209,235 Revenue: $4,489

MICHIGAN COUNCIL OF WOMEN IN TECHNOLGY (MCWT) UNIVERSITY: MCWT UNIVERSITY PROGRAMS GUIDE, RETAIN, AND SUPPORT YOUNG WOMEN WITH AN INTEREST, APTITUDE, AND POTENTIAL FOR A SUCCESSFUL CAREER IN...

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MICHIGAN COUNCIL OF WOMEN IN TECHNOLGY (MCWT) UNIVERSITY: MCWT UNIVERSITY PROGRAMS GUIDE, RETAIN, AND SUPPORT YOUNG WOMEN WITH AN INTEREST, APTITUDE, AND POTENTIAL FOR A SUCCESSFUL CAREER IN TECHNOLOGY. PROGRAMS INCLUDE SCHOLARSHIPS, MENTORING AND INTERNSHIP SUPPORT FOR STUDENTS AS THEY PROGRESS ALONG THEIR EDUCATIONAL STUDIES AND BEGIN TO SEARCH FOR ON-THE-JOB EXPERIENCES. THESE PROGRAMS IMPACTED OVER 90 WOMEN ACROSS MICHIGAN IN 2023

Program 2
Expenses: $864,473 Revenue: $225,144

K-12 SCHOOL PROGRAMS:K-12 PROGRAMS ARE DESIGNED TO CAPTURE THE INTEREST OF GIRLS ENTERING THEIR FORMATIVE EARLY YEARS. THESE SERVED APPROXIMATELY 900 GIRLS ACROSS MICHIGAN IN 2023. AMONG THESE...

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K-12 SCHOOL PROGRAMS:K-12 PROGRAMS ARE DESIGNED TO CAPTURE THE INTEREST OF GIRLS ENTERING THEIR FORMATIVE EARLY YEARS. THESE SERVED APPROXIMATELY 900 GIRLS ACROSS MICHIGAN IN 2023. AMONG THESE PROGRAMS ARE VIRTUAL SUMMER LEARNING PROGRAM (WEEK-LONG ONLINE SUMMER TECHNOLOGY CAMP); GET-IT CLUBS (WEEKLY TECHNOLOGY CLUBS TO BUILD SKILLS AND CONFIDENCE); GIRLS SOLVE IT (A PROBLEM SOLVING TEAM COMPETITION IN WHICH GIRLS PROGRAM ROBOTS THROUGH SEVERAL INCREASINGLY COMPLEX MISSIONS); A WEBSITE DESIGN COMPETITION, CHALLENGING GIRLS TO CREATE REAL WEBSITES USING THE CODING SKILLS THEY HAVE DEVELOPED; FINANCIAL SUPPORT OF ALL-FEMALE ROBOTICS TEAMS ENTERING COMPETITIONS; AND GIRLS ROCK IT, ONE-DAY WORKSHOPS THAT ENABLE GIRL SCOUTS TO EXPLORE TECHNOLOGY WHILE EARNING BADGES.MCWT HIGH SCHOOL PROGRAMS BUILD ON THE INTEREST OF GIRLS WITH PROGRAMS TO ADVANCE THEIR INTEREST AND SKILL. AMONG THESE PROGRAMS ARE THE GET-IT CONNECTION SUMMIT (A SINGLE DAY EVENT TO EXPOSE THEM TO TECH CAREER AND STUDY OPTIONS, IN CONJUNCTION WITH THE UNIVERSITY OF MICHIGAN); GET-IT CLUBS (WEEKLY TECHNOLOGY CLUBS TO BUILD SKILLS AND INCREASE CONFIDENCE); FINANCIAL SUPPORT OF ALL FEMALE ROBOTICS TEAMS ENTERING COMPETITIONS; VIRTUAL SUMMER LEARNING PROGRAM (WEEK-LONG ONLINE SUMMER CAMP PROGRAM); AND A WEBSITE DESIGN COMPETITION, CHALLENGING GIRLS TO CREATE REAL WEBSITES USING THE CODING SKILLS THEY HAVE DEVELOPED. THESE PROGRAMS SERVED APPROXIMATELY 3,559 GIRLS ACROSS MICHIGAN IN 2023.

Program 3
Expenses: $388,222 Revenue: $184,427

CAREERS AND LEADERSHIP:PROVIDES PROFESSIONAL DEVELOPMENT, MENTORING AND NETWORKING OPPORTUNITIES TO WOMEN IN TECH CAREERS THROUGH VARIOUS PROGRAMS SUCH AS OUR EXECUTIVE CONNECTION SUMMIT (ECS)...

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CAREERS AND LEADERSHIP:PROVIDES PROFESSIONAL DEVELOPMENT, MENTORING AND NETWORKING OPPORTUNITIES TO WOMEN IN TECH CAREERS THROUGH VARIOUS PROGRAMS SUCH AS OUR EXECUTIVE CONNECTION SUMMIT (ECS), CONNECTNET SESSIONS, LUNCH AND LEARN SESSIONS, AND MENTORING PROGRAMS WHERE WOMEN IN THEIR EARLY OR MID CAREERS ARE MATCHED WITH MORE SENIOR TECH LEADERS. THESE CAREER PROGRAMS IMPACTED OVER 2,100 PEOPLE IN 2023

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,370,212
Program Service Revenue $414,060
Investment Income $44,891
Other Revenue $32,870
TOTAL REVENUE $1,862,033

Expense Breakdown

Grants Paid $181,375
Salaries & Benefits $1,032,338
Fundraising Expenses $163,331
Program Expenses $1,461,930
Other Expenses $1,032,812
TOTAL EXPENSES $2,246,525

Year-over-Year Comparison

2023 2022 Change
Revenue $1,862,033 $1,530,737 +0.2%
Expenses $2,246,525 $1,573,212 +0.4%
Net Income $-384,492 $-42,475 +8.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
16
Volunteers
500

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
6
$243,204
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL MAIORANO PRESIDENT 5.00
Officer Director
$0 $0 $0
GRACE HANSEN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
PAULETTE OZGA SECRETARY 5.00
Officer Director
$0 $0 $0
DIANE JONES TREASURER 5.00
Officer Director
$0 $0 $0
LARA LANE MEMBER AT LARGE 5.00
Director
$0 $0 $0
COLEEN BORGIA DIRECTOR 5.00
Director
$0 $0 $0
PAULA STOLAR DIRECTOR 5.00
Director
$0 $0 $0
KAREN MACDONALD DIRECTOR 5.00
Director
$0 $0 $0
CINDY SWIANTEK DIRECTOR 5.00
Director
$0 $0 $0
AMY LUKE DIRECTOR 5.00
Director
$0 $0 $0
KATHY GARCHOW DIRECTOR 5.00
Director
$0 $0 $0
JILL BOWEN DIRECTOR 5.00
Director
$0 $0 $0
SUSAN BOYD DIRECTOR 5.00
Director
$0 $0 $0
BECKIE RISS DIRECTOR 5.00
Director
$0 $0 $0
CHRIS RYDZEWSKI KATRIVESIS EXECUTIVE DIRECTOR (1/1-8/31) 40.00
Officer
$144,297 $0 $144,297
ORLETTA CALDWELL EXECUTIVE DIRECTOR (4/1-12/31) 40.00
Officer
$98,907 $0 $98,907
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 No data No data No data No data
2023 $1,862,033 $2,246,525 $1,677,597 $-384,492
2022 $1,530,737 $1,573,212 $1,858,265 $-42,475
2021 $1,469,422 $1,230,702 $2,115,888 $238,720
2020 $1,311,754 $965,810 $1,748,741 $345,944
2019 $1,331,930 $1,259,447 $1,317,256 $72,483
2018 $1,264,075 $1,206,673 $1,267,071 $57,402
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