2020-08-20T11:52:50-07:00 2019-12-31 521185156 Lydon Fetterolf Corydon PA 9401 Key West Avenue Rockville MD 20850 990 2019-01-01 271153340 WEConnect International Inc WECO 2028106000 1100 H Street NW Washington DC 20005 Elizabeth A Vazquez CEO/co-founder 2020-08-20 true Jeff Corydon IV CPA CFP P00297218 3019484400 2019 2020-09-23 17:36:50Z Elizabeth A Vazquez 1100 H Street NW 1100 Washington DC 20005 4034000 false X https://weconnectinternational.org/ X 2009 DE WEConnect International helps women-owned businesses succeed in global value chains. 19 18 19 0 1629309 2045118 1599993 1856713 1866 2598 -29796 -42823 3201372 3861606 36500 29500 0 1323227 1401284 0 163990 1561029 2175955 2920756 3606739 280616 254867 1092006 1688723 600665 942515 491341 746208 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 645471 290000 EDUCATION AND TRAINING IN DEVELOPING COUNTRIES WITH THE EXXON MOBIL FOUNDATION: THE WOMEN'S INITIATIVE FUNDED BY THE EXXONMOBIL FOUNDATION PROVIDES SUPPLIER DEVELOPMENT AND TRAINING FOR WOMEN-OWNED BUSINESSES IN DEVELOPING COUNTRIES IN ASIA, AFRICA, AND LATIN AMERICA. THIS PROGRAM FOCUSES ON THE OUTREACH, EDUCATION AND TRAINING REQUIRED TO HELP ENSURE THAT THE WOMEN OWNED BUSINESS OWNERS WHO PARTICIPATE HAVE THE KNOWLEDGE AND THE NETWORKS THEY NEED TO START TO COMPETE FOR LARGER BUSINESS OPPURTUNITIES. 548924 29500 WEConnect Academy: The WEConnect Academy provides online businesstraining to WEConnect International's global network of women-ownedbusinesses. Each of the modules offered is for women business ownerswhose businesses are self-registered or certified in the eNetwork. 412986 Leveraging Digital Technology to Connect Women Business Owners to Markets for Inclusive Trade and Sustainable Economic Impact:WEConnect INTERNATIONAL IN PARTNERSHIP WITH SEVERAL GLOBAL DEVELOPMENT (GDA) PARTNERS, WORKED WITH THE US AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID) TO LEVERAGE TECHNOLOGY TO HELP REALIZE THE COMMITMENT OF THE PRIVATE SECTOR TO INCREASE CORPORATE SPEND WITH WOMEN-OWNED BUISNESSES AROUND THE WORLD AND ESPECIALLY IN DEVELOPING COUNTRIES. THIS PARTNERSHIP AIMS TO EXPAND MARKET OPPORTUNITIES FOR WOMEN-OWNED BUSINESSES BY IMPLEMENTING A MULTIFUNCTIONAL PLATFORM TO ALLOW BUYERS AND SELLERS TO SEARCH FOR AND CONNECT WITH EACH OTHER. 1406151 1566713 3013532 true true false false false false false false false false true false false false true true true false false true true true 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 15 0 true 19 true false false false false false false false 0 false false false false false false false X 19 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 1100 Washington DC 20005 Elizabeth A Vazquez CEO 40.00 0.00 X X 171135 0 25625 Saritha Venumbaka COO 40.00 0.00 X 146320 0 9989 Michael Tobolski VP Member Dvlpmt 40.00 0.00 118876 0 16475 Emily Coccia VP Communications 40.00 0.00 103840 0 7021 Natalie Stirling-Sanders Chair 3.00 0.00 X X 0 0 0 Denise Naguib Vice Chair 3.00 0.00 X X 0 0 0 Joan Namahna Kerr Treasurer 3.00 0.00 X X 0 0 0 Peter Zerp Secretary 3.00 0.00 X X 0 0 0 Lorenzo Bell Director 1.00 0.00 X 0 0 0 Jesica Duarte Director 1.00 0.00 X 0 0 0 Darlene Fuller Director 1.00 0.00 X 0 0 0 Natalie Jaworski Director 1.00 0.00 X 0 0 0 William Kapfer Director 1.00 0.00 X 0 0 0 Simon Marsh Director 1.00 0.00 X 0 0 0 Colleen Mascia Director 1.00 0.00 X 0 0 0 Kris Oswold Director 1.00 0.00 X 0 0 0 Gil Petitt Director 1.00 0.00 X 0 0 0 Daphanie Pointer Director 1.00 0.00 X 0 0 0 Michael Robinson Director 1.00 0.00 X 0 0 0 Megan Stowe Director 1.00 0.00 X 0 0 0 Jo Haight Director 1.00 0.00 X 0 0 0 Sheila Gunderson Director 1.00 0.00 X 0 0 0 540171 59110 4 false true false Richard Berstein 1054 31st Street NW Suite 100 Washington DC 20007 Rent 154367 Lydon Fetterolf Corydon PA 9401 Key West Ave Rockville MD 20850 Accounting/Consulting 103366 2 229100 1816018 2045118 Certification Revenue 900099 103726 103726 Membership Dues 900099 1395125 1395125 Program Events 900099 357862 357862 1856713 2598 2598 0 0 0 0 129571 229100 172394 -42823 -42823 0 0 0 3861606 1856713 -40225 X 0 0 29500 29500 0 353069 175800 49375 127894 0 865741 792340 53831 19570 0 90746 74542 10087 6117 91728 70601 10718 10409 0 2601 2601 133113 133113 0 0 0 1197289 1160005 37284 3591 3591 82267 6798 75469 82610 38150 44460 0 150776 791 149985 164004 145258 18746 0 264005 219173 44832 0 0 11866 11866 5852 5852 Certification Fee 80134 80134 Bad Debt Expense 20000 20000 Dues and Subscriptions 4671 3873 798 Licenses, fees, permits 1748 1748 -28572 193966 -222538 3606739 3013532 429217 163990 317419 845089 312804 409932 203113 154123 197724 170101 0 0 0 0 12652 25663 169592 98384 35687 71208 0 0 0 12607 12607 0 1092006 1688723 260594 488511 284748 395004 55323 59000 600665 942515 X 244478 262530 246863 483678 491341 746208 1092006 1688723 254867 X X false true X true false X 1482835 608152 1203020 1629309 2045118 6968434 0 0 1482835 608152 1203020 1629309 2045118 6968434 3358960 3609474 1584 841 1055 1866 2598 7944 0 0 6976378 7099490 0.51740 0.51100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37840 13228 24612 131752 85156 46596 71208 Deferred Rent 51474 Refundable Advances 7526 59000 X 4359000 325000 172394 497394 3861606 3861606 4104133 325000 172394 497394 3606739 3606739 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 YEARS ENDED DECEMBER 31, 2019 AND 2018, 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 $172394 Part XII, Line 2d: Other expenses and losses per audited F/S Fundraising Event Expenses $172394 true Central America/Caribbean 0 1 Program services Education and certification 19801 South East Asia/Pacific 0 2 Program services Education and certification 134498 Europe 0 2 Program services Education and certification 145450 North America 0 2 Program services Education and certification 221771 South America 0 4 Program services Education and certification 188568 Africa 0 2 Program services Education and certification 88089 South Asia 0 1 Program services Education and certification 74523 14 14 872700 872700 Europe Contribution 29500 Wire Xfer 1 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 2019 Gala/Symposium 270284 193100 77184 16292 44526 19709 2019 Int'l Day 88387 36000 52387 31233 12653 47981 358671 229100 129571 47525 57179 67690 172394 -42823 X false false false false false false false false false Elizabeth A Vazquez CEO 171135 25625 196760 Saritha Venumbaka COO 146320 9989 156309 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: WEConnect Academy: The WEConnect Academy provides online businesstraining to WEConnect International's global network of women-ownedbusinesses. Each of the modules offered is for women business ownerswhose businesses are self-registered or certified in the eNetwork. OTHER PROGRAM SERVICES 5: Membership: WEConnect International provides member buyers with theglobal database and resources required to develop and leverage adiverse and inclusive global value chain. WEConnect Internationalmembers share similar values, looking to build sustainable communitiesthrough the education, empowerment and sourcing from women-ownedbusinesses. OTHER PROGRAM SERVICES 6: Certification: Our Seal of Certification is a formal guarantee tocorporations that they are purchasing goods and/or services from awomen-owned business that meets the universal standards for a women'sbusiness enterprises. The top criteria considered are ownership,management & control, contribution of capital & expertise, andindependence. Businesses that meet this criteria can alsoself-register with WEConnect International for free. OTHER PROGRAM SERVICES 7: Leveraging Digital Technology to Connect Women Business Owners to Markets for Inclusive Trade and Sustainable Economic Impact:WEConnect INTERNATIONAL IN PARTNERSHIP WITH SEVERAL GLOBAL DEVELOPMENT (GDA) PARTNERS, WORKED WITH THE US AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID) TO LEVERAGE TECHNOLOGY TO HELP REALIZE THE COMMITMENT OF THE PRIVATE SECTOR TO INCREASE CORPORATE SPEND WITH WOMEN-OWNED BUISNESSES AROUND THE WORLD AND ESPECIALLY IN DEVELOPING COUNTRIES. THIS PARTNERSHIP AIMS TO EXPAND MARKET OPPORTUNITIES FOR WOMEN-OWNED BUSINESSES BY IMPLEMENTING A MULTIFUNCTIONAL PLATFORM TO ALLOW BUYERS AND SELLERS TO SEARCH FOR AND CONNECT WITH EACH OTHER. OTHER PROGRAM SERVICES 8: WOMEN BUSINESS OWNER CAPACITY BUILDING IN PAKISTAN WITH VITAL VOICES GLOBAL PARTNERSHIP:WECONNECT INTERNATIONAL WORKED CLOSELY WITH VITAL VOICES AND OTHER KEY PARTNERS TO SUPPORT THE CONSTUCTION OF A SUSTAINABLE NATIONAL ECOSYSTEM IN PAKISTAN THAT LEVERAGES CORPORATE INTEREST AND COMMITMENTS TO INCLUSIVE HIRING AND SUPPLY CHAIN DIVERSITY, INCORPORATE GENDER CERTIFICATION INTO ENTREPRENEUSHIP TO CONNECT WOMEN TO RESOURCES NEEDED TO BUILD THEIR COMPANIES AND TO CONVENE A PUBLIC-PRIVATE DIALOGUE ON AN ARRAY OF ISSUES RELATED TO WOMEN'S ACCESS TO REGIONAL MARKETS. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The organization has members. Form 990, Part VI, Line 11b: Form 990 Review Process 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, Line 12c: Explanation of Monitoring and Enforcement of Conflicts 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, Line 15a: Compensation Review & Approval Process - CEO, Top Management 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, Line 19: Other Organization Documents Publicly Available The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XII, Line 2: Change of Oversight or Selection Process 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.