National Association Of Women Business Owners
- Assets
- $94.0k
- Revenue
- $89.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Columbus, OH
- Founding
- 06/1997
- Data as of
- 06/2022
- EIN
- 31-1441262
Organization Overview
National Association Of Women Business Owners is located in Columbus, OH. The organization was established in 1997. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Women Business Owners is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, National Association Of Women Business Owners generated $89.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $83.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL ASSOCIATION OF WOMEN BUSINESS OWNERS PROPELS WOMEN ENTREPRENEURS INTO ECONOMIC, SOCIAL AND POLITICAL SPHERES OF POWER WORLDWIDE.DIVERSITY STATEMENT IN PRINCIPLE AND IN PRACTICE THE NATIONAL ASSOCIATION OF WOMEN BUSINESS OWNERS (NAWBO) VALUES AND SEEKS A DIVERSE AND INCLUSIVE MEMBERSHIP. NAWBO SHALL SEEK FULL PARTICIPATION IN THE ORGANIZATION BY ALL WOMEN BUSINESS OWNERS REGARDLESS OF RACE, CREED, AGE, SEXUAL ORIENTATION, NATIONAL ORIGIN, OR DISABILITY. NAWBO'S GOAL IS TO FULLY REPRESENT THE DIVERSE MAKE-UP OF THE WOMEN BUSINESS OWNER COMMUNITY THROUGH INCREASED REPRESENTATION WITHIN ETHNIC AND MINORITY COMMUNITIES AND TO EXPAND ACCESS TO LEADERSHIP OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NAWBO COLUMBUS STRIVES TO PROVIDE USEFUL, INSPIRATIONAL PROGRAMMING AND EVENTS GEARED TOWARDS PROVIDING WOMEN SMALL BUSINESS OWNERS WITH THE RESOURCES, ADVICE, AND KNOW-HOW TO BUILD STRONGER BUSINESSES. EVENTS INCLUDED NETWORKING EVENTS WHICH SERVE TO HELP BUSINESS OWNERS BUILD NEW RELATIONSHIPS AND FORM STRATEGIC PARTNERSHIPS MONTHLY PROGRAMS WITH INSPIRATIONAL SPEAKERS AND OTHER BUSINESS AND COMMUNITY FIGURES THE ANNUAL VISIONARY AWARDS GALA, WHICH RECOGNIZES LOCAL WOMEN BUSINESS OWNERS WHO HAVE EXCELLED IN THEIR INDUSTRY AND THEIRCOMMUNITIES, AND FEATURES EXCITING KEYNOTES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Babiya Polk VP Of Diversity | Officer | 4 | $0 |
Kzulene Adams VP Public Policy | Officer | 4 | $0 |
Crystal Hughey VP Corp Partners | Officer | 4 | $0 |
Alison B Forche VP Membership | Officer | 4 | $0 |
Sheri Chaney Jones Past President | Officer | 4 | $0 |
Christine S Dilley VP Communication | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,659 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,659 |
| Total Program Service Revenue | $53,285 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,588 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,670 |
| Payroll taxes | $3,036 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $215 |
| Office expenses | $394 |
| Information technology | $4,322 |
| Royalties | $0 |
| Occupancy | $2,512 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,917 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $17,459 |
| Total functional expenses | $83,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,701 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,363 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $926 |
| Total assets | $93,990 |
| Accounts payable and accrued expenses | $1,755 |
| Grants payable | $0 |
| Deferred revenue | $95 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,850 |
| Net assets without donor restrictions | $92,140 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $93,990 |