2019-11-10T12:18:41-06:00 2018-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2018-01-01 271153340 WEConnect International Inc WECO 2028106000 1100 H Street NW No 1100 Washington DC 20005 Elizabeth A Vazquez President 2028106000 2019-11-08 1 Lori A Collingsworth P00639819 7038930300 2019-11-08 174.70.27.74 2019-11-10 09:34:49 ES P 5757F712A8161F6F3964D64EA127352BD3BB441C 5757F712A8161F6F3964D64EA127352BD3BB441C 2018 2020-01-14 16:20:31Z Elizabeth A Vazquez 1100 H Street NW No 1100 Washington DC 20005 3275187 0 X http://weconnectinternational.org/ X 2009 DE WEConnect International helps women-owned businesses succeed in global value chains. 19 18 20 0 0 0 1203020 1629309 1372996 1599993 1055 1866 -58 -29796 2577013 3201372 25000 36500 0 0 1039187 1323227 0 0 361243 1175267 1561029 2239454 2920756 337559 280616 627338 1092006 416613 600665 210725 491341 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. See Schedule O for continuation 0 0 450000 Education and Training in Developing Countries with the ExxonMobil Foundation:The Women's Initiative funded by the ExxonMobil Foundation provides supplier development and training for women-owned businesses in developing countries such as Mexico, Nigeria and Indonesia. This program focuses on the outreach, education, and training required to help ensure that the women business owners who participate have the knowledge and the networks they need to start to compete for larger business opportunities. 310000 Women's Entrepreneurship Development Program in India with the Walmart Foundation:WEConnect International, in partnership with the Walmart Foundation and the Entrepreneurship Development Institute of India (EDII), implemented the third iteration of the Women's Entrepreneurship Development Program (WEDP 3.0), a signature program of Walmart India. The third edition of the program consisted of two cohorts of twenty women business owners each, with comprehensive in-person business trainings located in Bengaluru and New Delhi. It also included virtual trainings for additional women entrepreneurs who could not participate in the in-person trainings. 210000 Capacity Development in Bangladesh with the World Bank Group:WEConnect International worked with the World Bank Group to map the ecosystem of support for women business owners in Bangladesh, including key stakeholders in the public sector, private sector and civil society. WEConnect International worked with the key stakeholders to help identify, self-register and train women business owners in Bangladesh on how to access new local and global markets. WEConnect also identified local buyers that want to buy more products and services from women-owned businesses and trained them on how to be more inclusive in their sourcing practices. 1488034 36500 1599993 1488034 36500 1599993 2458034 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WEConnect International Inc 2028106000 1100 H Street NW No 1100 Washington DC 20005 Elizabeth A Vazquez CEO & President 40.00 X X 185000 0 9708 Natalie Stirling-Sanders Chair 3.00 X X 0 0 0 Denise Naguib Vice Chair 3.00 X X 0 0 0 Joan Namahna Kerr Treasurer 3.00 X X 0 0 0 Peter Zerp Secretary 1.00 X X 0 0 0 Lorenzo Bell Director 1.00 X 0 0 0 Jesica Duarte Director 1.00 X 0 0 0 Darlene Fuller Director 1.00 X 0 0 0 Natalie Jawarski Director 1.00 X 0 0 0 William Kapfer Director 1.00 X 0 0 0 Simon Marsh Director 1.00 X 0 0 0 Colleen Mascia Director 1.00 X 0 0 0 Kris Oswold Director 1.00 X 0 0 0 Gil Petitt Director 1.00 X 0 0 0 Daphanie Pointer Director 3.00 X 0 0 0 Michael Robinson Director 1.00 X 0 0 0 Allison Swartz Director 1.00 X 0 0 0 Megan Stowe Director 1.00 X 0 0 0 Susan Venell-Charpentier Director 1.00 X 0 0 0 Michael Tobolski VP of Member Development 40.00 X 119545 0 15869 Margareta Schettler COO 40.00 X 147409 0 7701 451954 0 33278 3 0 1 0 Think Through Consulting Bldg No 30 2nd 3rd Flr Basant Vasant Vihar New Delhi IN 110057 Consulting 119250 1 132056 1497253 1629309 Membership dues 900099 1286712 1286712 Program events 900099 231158 231158 Certification fees 900099 82123 82123 1599993 1866 1866 44019 132056 73815 -29796 -29796 3201372 1599993 0 -27930 X 36500 36500 194708 131146 36702 26860 958921 645883 180756 132282 86944 59672 15082 12190 82654 56622 14462 11570 4451 4451 35563 35563 712525 711525 1000 2834 2834 83217 1100 81396 721 64987 49972 15015 150624 476 150148 160140 123540 28751 7849 276984 199156 21023 56805 174 174 3298 3298 5798 5798 Certification fee 53101 53101 Dues and subscriptions 4325 3496 829 Licenses, fees, permits 3008 28 2980 Indirect allocation 0 381366 -494332 112966 2920756 2458034 101479 361243 307367 317419 130958 312804 106786 203113 69848 197724 4747 12652 122205 86518 0 35687 7632 12607 627338 1092006 184139 260594 230500 284748 1974 55323 416613 600665 X 198725 244478 12000 246863 210725 491341 627338 1092006 280616 0 X X 0 1 X 1 0 X 1421487 1482835 608152 1203020 1629309 6344803 1421487 1482835 608152 1203020 1629309 6344803 3098865 3245938 1788 1584 841 1055 1866 7134 6351937 6287754 0.51100 0.38050 X 23116 10242 12874 99089 76276 22813 35687 Deferred rent 49434 Refundable advances 5889 55323 X 3326264 51077 73815 124892 3201372 0 3201372 3045648 51077 73815 124892 2920756 0 2920756 Part X, Line 2: 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 Adjustments: Gala expenses 73,815. Part XII, Line 2d - Other Adjustments: Gala Expenses 73,815. 1 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 1 Program services Education and certification activities in Costa Rica and Jamaica 27642 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 2 Program services Education and certification activities in Australia, Indonesia, Japan and Singapore 221752 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 2 Program services and grant to organization in region Education and certification activities in Europe and Turkey 133557 North America - Canada and Mexico, but not the United States 0 2 Program services Education and certification activities in Mexico and Canada 195272 South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 0 3 Program services Education and certification activities in Peru, Chile, Colombia and Brazil 140865 South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, 0 1 Program services and grant to organization in region Education and certification activities in India and Bangladesh 371159 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 2 Program services Education and certification activities in Nigeria and South Africa 103626 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 Program services Education and certification activities in Israel 0 13 0 0 0 13 1193873 0 1193873 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium Supporting contribution 25000 Quarterly Wire 0 N/A N/A South Asia Supporting contribution 11500 Wire 0 N/A N/A 2 0 0 0 0 0 0 0 Part I, Line 2: WEConnect International, Inc. monitors grants by requesting invoices indicating how grant funds are being allocated by the grantee. Part I, line 3: Foreign expenditures are directly tracked and accounted for on the accrual method of accounting used for books. 2018 Gala/Symposium 176075 132056 44019 22406 44989 6420 176075 132056 44019 22406 44989 6420 73815 -29796 X 0 0 0 0 0 0 0 0 0 Elizabeth A Vazquez CEO & President 185000 0 0 0 0 0 0 0 9708 0 194708 0 0 0 Margareta Schettler COO 147409 0 0 0 0 0 0 0 7701 0 155110 0 0 0 Form 990, Part III, Mission continuation WEConnect identifies, educates, and certifies women's business enterprises that are at least 51% owned, managed, and controlled by one or more women. Form 990, Part III, Line 4d, Other Program Services: WEConnect Academy: The WEConnect Academy provides online business training to WEConnect International's global network of women-owned businesses. Each of the modules offered is for women business owners whose businesses are self-registered or certified in the eNetwork. 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. 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. Form 990, Part VI, Section A, line 6 The organization has members. Form 990, Part VI, Section A, line 7a Members have voting rights to elect members to the Board of Directors. Form 990, Part VI, Section B, line 11b The form 990 is prepared by the outside audit firm, reviewed internally by the Operations Manager and Outside bookkeeper, a final draft is sent to the Board's Audit/Finance committee, and the final 990 is submitted electronically. Form 990, Part VI, Section B, line 12c Members of the Board are required to read and sign a conflict of interest policy. Employees sign the employee handbook and conflict policy upon hire. Form 990, Part VI, Section B, line 15 The compensation determination process for top officials includes an annual review by the Executive Committee to determine 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 IX, line 11g Program Consultants: Program service expenses 711,525. Management and general expenses 1,000. Fundraising expenses 0. Total expenses 712,525. Form 990, Part XII, Line 2c: The organization's Executive Committee is responsible for oversight of the audit, including selection of the independent accountant. The process is consistent with prior years.