N C Minoritywomen Business Enterprise Coordinators Network
- Assets
- $114.5k
- Revenue
- $87.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 56-1712748
Organization Overview
N C Minoritywomen Business Enterprise Coordinators Network is located in Raleigh, NC. The organization was established in 2001. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. N C Minoritywomen Business Enterprise Coordinators Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, N C Minoritywomen Business Enterprise Coordinators Network generated $87.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $58.6k during the year ending 12/2023. While expenses have increased by 10.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE TRAINING TO OVER 100 INDIVIDUALS AT OUR ANNUAL CONFERENCE. THIS IS A PROFESSIONAL DEVELOPMENT AND TRAINING CONFERENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAUNCHED A NEW WEBSITE WITH MEMBER PORTAL CONFERRED 5 CERTIFIED ECONOMIC INCLUSION OFFICER CREDENTIALS HOSTED AN ANNUAL CONFERENCE AND 2 QUARTERLY MEETINGS SPONSORED 2 BUSINESS INCLUSION EVENTS SERVED AS THE SUBJECT MATTER EXPERTS ON VARIOUS PANELS AND IN PRESENTATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denisha G Harris President | Officer | 12 | $0 |
Shon Burch-Crispin Treasurer | Officer | 10 | $0 |
Lisa Horton Secretary | Officer | 3 | $0 |
Renee' Jones Vice President | Officer | 10 | $0 |
Pamela Gale At-Large Member | Trustee | 1 | $0 |
Diamond Branch Membership Chair | Trustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Preston Wood Country Club Used Facility For Conferen | 12/30/19 | $6,471 |
Progressive Business Solut Providing Training Materia | 12/30/19 | $2,080 |
Trusted Speakers Speakers At The Conference | 12/30/19 | $2,000 |
Brandilly Program Supplies | 12/30/19 | $1,200 |
Tate Consulting Llc Training | 12/30/19 | $1,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,429 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,675 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,104 |
| Total Program Service Revenue | $59,642 |
| Investment income | $552 |
| 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 | $87,298 |
| 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 | $1,159 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,835 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,256 |
| Travel | $1,273 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $51,447 |
| Total functional expenses | $58,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,781 |
| Savings and temporary cash investments | $104,730 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Total assets | $114,511 |
| Accounts payable and accrued expenses | $764 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $764 |
| Net assets without donor restrictions | $0 |
| 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 | $113,747 |
| Total liabilities and net assets/fund balances | $114,511 |