2024-06-17T14:22:26-07:00 2023-12-31 521185156 Lydon Fetterolf Corydon PA 9401 Key West Avenue Rockville MD 20850 990 2023-01-01 271153340 WEConnect International Inc WECO 2028106000 1100 H Street NW 530 Washington DC 20005 Elizabeth A Vazquez CEO/co-founder 2024-06-17 true Elizabeth A Vazquez 999009999 true Jeff Corydon IV CPA CFP P00297218 3019484400 2 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Elizabeth A Vazquez 1100 H Street NW 530 Washington DC 20005 7484258 false X https://weconnectinternational.org/ X 2009 DE WEConnect International helps women-owned businesses succeed in global value chains. 18 18 25 18 0 4794693 3428836 3848772 4032810 6744 15212 -104457 -35362 8545752 7441496 0 0 3045253 3631167 0 220280 4808537 4157563 7853790 7788730 691962 -347234 4532219 4363596 1326547 1505158 3205672 2858438 X WEConnect International is a global 501(c)(3) non-profit that facilitates sustainable economic growth by increasing opportunities for women owned businesses to succeed in the global value chains. WEConnect identifies, educates, and certifies women's business enterprises that are at least 51% owned, managed and controlled by one or more women. false false 2318834 1144405 Connecting Opportunities: Buyers provide their executives and employees the opportunity to engage with women business owners locally or internationally and virtually or in person and matches the interests of the executives with the needs of the women-owned business. These events allow women business owners to practice and enhance their pitch, meet with buyers to learn about their supplier diversity and inclusion efforts, buying needs, criteria and processes to become suppliers and upcoming contract opportunities. 1534429 Capacity Building: Strengthen the capacity and confidence of women business owners to think big and grow their companies through access to markets through localized curriculum based on the needs of participants. 1091004 Supplier Diversity and Inclusion Initiatives: Strengthen a buyer's internal support and understanding of the business case for global sourcing from women-owned businesses including supplier diversity and inclusion strategy development; best practices; and overall awareness and education on the importance of buying from women within the organization or the development, and/or tracking of commitments. 1792667 3745465 6736934 true true false false false false false false false false true false false false true true true false false true true false false false true false false false false true false false false false false false false false false false false false false false false false false true 17 0 true 25 true false false false false false false false 0 false false false false false false false X 18 18 false false false false true true false true true false false true true true true true true true true false X WEConnect International 2028106000 1100 H St NW Suite 530 Washington DC 20005 Elizabeth A Vazquez President 40.00 0.00 X X 331753 0 23459 Saritha Venumbaka COO 40.00 0.00 X 225500 0 18763 Soledad Gompf Chief Devt Off. 40.00 0.00 X 220500 0 18613 Jose Cunningham Sp Proj Liaison 40.00 0.00 200500 0 6975 Ana Maria Guevara CSO 40.00 0.00 X 189832 0 16710 Michael Tobolski VP Corp Rel/Mem En 40.00 0.00 139432 0 17976 Daniel Corey Holdredge Glob Dir of Train 40.00 0.00 134770 0 14528 Gary Linden Dir of Glo Mkt 40.00 0.00 120765 0 4249 Elena Heckman Member 1.00 0.00 X 0 0 0 Denise Naguib Chairman 3.00 0.00 X X 0 0 0 Raul Suarez-Rodriguez Member 1.00 0.00 X 0 0 0 Peter Zerp Secretary 3.00 0.00 X X 0 0 0 Lorenzo Bell Member 1.00 0.00 X 0 0 0 Jessica Kolta Member 1.00 0.00 X 0 0 0 Sarah Thorn Member 1.00 0.00 X 0 0 0 Kristine Mangan Member 1.00 0.00 X 0 0 0 Loreto Carranza Member 1.00 0.00 X 0 0 0 Jennifer Turner Member 1.00 0.00 X 0 0 0 Melissa Adams Member 1.00 0.00 X 0 0 0 Sabrina Goicoechea Member 1.00 0.00 X 0 0 0 Thais Torritani Member 1.00 0.00 X 0 0 0 Yih-Ling Pang Member 1.00 0.00 X 0 0 0 Clay Atkins Member 1.00 0.00 X 0 0 0 Selina McCole Member 1.00 0.00 X 0 0 0 Tara Clinton Member 1.00 0.00 X 0 0 0 Andrew Cannon Brookes Treasurer 1.00 0.00 X 0 0 0 William Kapfer Member 1.00 0.00 X 0 0 0 1563052 121273 8 false true false Womens Bus Enterprise Natl Council Inc 1120 Connecticut Ave NW Ste 1000 Washington DC 20036 Consulting 155073 Lydon Fetterolf Corydon PA 9401 Key West Ave Rockville MD 20850 Accounting/Consulting 139210 Carahsoft Technology 11493 Sunset Hills Road Suite 100 Reston VA 20190 Consulting 382613 Chatham Lab LLC 1908 Pot Spring Rd Lutherville Timonium MD 21093 Consulting 121403 Premikati 802 Delaware St Indianapolis IN 46204 IT 103985 6 235000 278235 2915601 3428836 Certification Fees 900099 624836 624836 Membership Dues 900099 3177939 3177939 Program Revenue 900099 230035 230035 4032810 15212 15212 0 0 0 0 7400 235000 42762 -35362 0 0 0 7441496 4032810 15212 X 0 0 0 0 1045128 1040347 4781 0 1973189 1704149 172621 96419 30905 26691 2704 1510 390538 337289 34165 19084 191407 172973 11657 6777 0 0 161888 161888 0 0 0 1625153 1529842 15829 79482 28187 15137 13050 238679 284 238123 272 183086 32593 150493 0 74211 74211 140879 140714 165 0 803094 798872 3656 566 0 0 38292 38292 33705 33705 Certification Fee 315849 315849 Contract Expenses 202332 196016 4842 1474 Recruiting 123195 6843 116352 Business Development 120000 120000 69013 299335 -240072 9750 7788730 6736934 831516 220280 824495 1564555 1782280 1379404 1439846 763500 13791 81945 0 0 0 0 50071 40994 518770 211380 287799 307390 0 0 0 64472 97933 69465 127875 4532219 4363596 391784 490867 850131 872058 84632 142233 1326547 1505158 X 3156235 2356029 49437 502409 3205672 2858438 4532219 4363596 -347234 X X false true X true false X 2045118 2324584 4026615 4794693 3436236 16627246 0 0 2045118 2324584 4026615 4794693 3436236 16627246 3446927 13180319 2598 755 2694 6744 15212 28003 0 1500 1500 16656749 4798271 0.79130 0.76410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37840 29556 8284 480930 181824 299106 307390 Lease Liability-Operating Lease 142233 142233 X 7621658 137400 42762 180162 7441496 7441496 7968892 137400 42762 180162 7788730 7788730 Part X : FIN48 Footnote WECONNECT IS RECOGNIZED AS A TAX-EXEMPT PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM INCOME TAXES EXCEPT FOR TAXES ON UNRELATED BUSINESS ACTIVITIES. FOR THE YEAR ENDED DECEMBER 31, 2023, THERE WAS NO UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED. CONTRIBUTIONS TO WECONNECT ARE DEDUCTIBLE AS PROVIDED IN IRC SECTION 170(B)(1)(A)(VI). MANAGEMENT HAS EVALUATED WECONNECT'S TAX POSITIONS AND CONCLUDED THAT THE FINANCIAL STATEMENTS DO NOT INCLUDE ANY UNCERTAIN TAX POSITIONS. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Fundraising Event Expenses $42762 Part XII, Line 2d: Other expenses and losses per audited F/S Fundraising Event Expenses $42762 true Central America/Caribbean 0 0 Program services Education and certification 198864 East Asia/Pacific 0 1 Program services Education and certification 351927 Europe 0 2 Program services Education and certification 715369 North America 0 26 Program services Education and certification 498089 South America 0 1 Program services Education and certification 194480 Sub-Saharan Africa 0 1 Program services Education and certification 148477 South Asia 0 1 Program services Education and certification 321895 MIddle East and North Africa 0 0 Program Services Education and Certification 120255 32 32 2549356 2549356 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US WECONNECT INTERNATIONAL, INC MONITORS GRANTS BY REQUESTING INVOICES INDICATING HOW GRANT FUNDS ARE BEING ALLOCATED BY THE GRANTEE. Part I, Line 3f - Method of Accounting FOREIGN EXPENDITURES ARE DIRECTLY TRACKED AND ACCOUNTED FOR ON THE ACCRUAL METHOD OF ACCOUNTING USED FOR BOOKS. false 2023 International Day 242400 235000 7400 42762 242400 235000 7400 42762 42762 -35362 X false false false false false false false false false Ana Maria Guevara CSO 189332 500 5695 11015 206542 Elizabeth A Vazquez President 331753 9900 13559 355212 Jose Cunningham Sp Proj Liaison 200000 500 6015 960 207475 Michael Tobolski VP Corp Rel/Mem En 139432 4495 13481 157408 Saritha Venumbaka COO 220000 5500 6765 11998 244263 Soledad Gompf Chief Devt Off. 220000 500 6615 11998 239113 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: Connecting Opportunities: Buyers provide their executives and employees the opportunity to engage with women business owners locally or internationally and virtually or in person and matches the interests of the executives with the needs of the women-owned business. These events allow women business owners to practice and enhance their pitch, meet with buyers to learn about their supplier diversity and inclusion efforts, buying needs, criteria and processes to become suppliers and upcoming contract opportunities. OTHER PROGRAM SERVICES 5: Membership: WEConnect International provides member buyers with the global database and resources required to develop and leverage a diverse and inclusive global value chain. WEConnect International members share similar values, looking to build sustainable communities through the education, empowerment and sourcing from women-owned businesses. OTHER PROGRAM SERVICES 6: Certification: Our Seal of Certification is a formal guarantee to corporations that they are purchasing goods and/or services from a women-owned business that meets the universal standards for a women's business enterprises. The top criteria considered are ownership,management & control, contribution of capital & expertise, and independence. Businesses that meet this criteria can also self-register with WeConnect International for free. OTHER PROGRAM SERVICES 7: Supplier Diversity and Inclusion Initiatives: Strengthen a buyer's internal support and understanding of the business case for global sourcing from women-owned businesses including supplier diversity and inclusion strategy development; best practices; and overall awareness and education on the importance of buying from women within the organization or the development, and/or tracking of commitments. Form 990, Part VI, Section A, Line 6 The organization has members. Form 990, Part VI, Section B, Line 11b The form 990 is prepared by an independent accounting firm and reviewed internally by the COO and accounting manager. A final draft is sent to the Board's Audit & Finance comittee prior to the filing with the Internal Revenue Service. Form 990, Part VI, Section B, Line 12c Members of the Board are required to read and sign a conflict of interest policy. Employes sign the employee handbook and conflict policy upon hire. Form 990, Part VI, Section B, Line 15a The compensation determination process for top officials includes an annual review by the Executive Committee to determine the CEO's compensation. The compensation process for all other employees includes an annual review to determine compensation. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XII, Line 2c THE ORGANIZATION'S EXECUTIVE COMMITTE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT, INCLUDING SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS IS CONSISTENT WITH PRIOR YEARS.