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        <ExclusionAmount>5389</ExclusionAmount>
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        <Securities>56476</Securities>
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      <GainOrLoss>
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      <NetGainOrLossInvestments>
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        <ExclusionAmount>1243</ExclusionAmount>
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        <RelatedOrExemptFunctionIncome>473176</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>6632</ExclusionAmount>
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      <CompCurrentOfficersDirectors>
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        <ProgramServices>31375</ProgramServices>
        <ManagementAndGeneral>31375</ManagementAndGeneral>
        <Fundraising>31375</Fundraising>
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      <OtherSalariesAndWages>
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        <ProgramServices>12917</ProgramServices>
        <ManagementAndGeneral>103333</ManagementAndGeneral>
        <Fundraising>12917</Fundraising>
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      <PayrollTaxes>
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        <ProgramServices>8591</ProgramServices>
        <ManagementAndGeneral>26129</ManagementAndGeneral>
        <Fundraising>8591</Fundraising>
      </PayrollTaxes>
      <FeesForServicesLegal>
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        <ManagementAndGeneral>1709</ManagementAndGeneral>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>4503</Total>
        <ManagementAndGeneral>4503</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesInvstMgmntFees>
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        <ManagementAndGeneral>2427</ManagementAndGeneral>
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        <ProgramServices>447</ProgramServices>
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        <ManagementAndGeneral>9962</ManagementAndGeneral>
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      <InformationTechnology>
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        <ProgramServices>5017</ProgramServices>
        <ManagementAndGeneral>6501</ManagementAndGeneral>
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      <Occupancy>
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        <ManagementAndGeneral>78239</ManagementAndGeneral>
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      <Travel>
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        <ProgramServices>18086</ProgramServices>
        <ManagementAndGeneral>2087</ManagementAndGeneral>
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      <ConferencesMeetings>
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        <ProgramServices>113133</ProgramServices>
        <ManagementAndGeneral>11552</ManagementAndGeneral>
        <Fundraising>41742</Fundraising>
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      <Interest>
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        <ManagementAndGeneral>187</ManagementAndGeneral>
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        <Total>3027</Total>
        <ProgramServices>1620</ProgramServices>
        <ManagementAndGeneral>1407</ManagementAndGeneral>
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      <Insurance>
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        <ProgramServices>2401</ProgramServices>
        <ManagementAndGeneral>2613</ManagementAndGeneral>
        <Fundraising>397</Fundraising>
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        <Description>PROFESSIONAL DEVELOPMEN</Description>
        <Total>10260</Total>
        <ManagementAndGeneral>10260</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MERCHANT ACCOUNT FEES</Description>
        <Total>3839</Total>
        <ProgramServices>3403</ProgramServices>
        <Fundraising>436</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DUES &amp; SUBSCRIPTIONS</Description>
        <Total>1337</Total>
        <ProgramServices>583</ProgramServices>
        <ManagementAndGeneral>754</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TRAINING</Description>
        <Total>648</Total>
        <ProgramServices>648</ProgramServices>
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      <TotalFunctionalExpenses>
        <Total>586717</Total>
        <ProgramServices>198221</ProgramServices>
        <ManagementAndGeneral>293038</ManagementAndGeneral>
        <Fundraising>95458</Fundraising>
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      <CashNonInterestBearing>
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        <EOY>314326</EOY>
      </CashNonInterestBearing>
      <LandBuildingsEquipmentBasis>61690</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>58568</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
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        <EOY>3122</EOY>
      </LandBuildingsEquipmentBasisNet>
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        <EOY>131389</EOY>
      </InvestmentsPubTradedSecurities>
      <IntangibleAssets>
        <BOY>6661</BOY>
        <EOY>6078</EOY>
      </IntangibleAssets>
      <TotalAssets>
        <BOY>401514</BOY>
        <EOY>454915</EOY>
      </TotalAssets>
      <DeferredRevenue>
        <EOY>18250</EOY>
      </DeferredRevenue>
      <TotalLiabilities>
        <BOY>0</BOY>
        <EOY>18250</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>401514</BOY>
        <EOY>436665</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>401514</BOY>
        <EOY>436665</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>401514</BOY>
        <EOY>454915</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>48000</ReconcilationRevenueExpenses>
      <ReconciliationUnrealizedInvest>5401</ReconciliationUnrealizedInvest>
      <ReconcilationOtherChanges>-18250</ReconcilationOtherChanges>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>0</FSAudited>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>284287</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>138121</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>143958</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>149725</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>154910</CurrentTaxYear>
        <Total>871001</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>124601</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>386986</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>413558</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>420661</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>473176</CurrentTaxYear>
        <Total>1818982</Total>
      </GrossReceiptsFromAdmissions>
      <Total509>
        <CurrentTaxYearMinus4Years>408888</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>525107</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>557516</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>570386</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>628086</CurrentTaxYear>
        <Total>2689983</Total>
      </Total509>
      <AmtsRecdFromDisqualPersons>
        <Total>0</Total>
      </AmtsRecdFromDisqualPersons>
      <AmtsFromSubstContributors>
        <Total>0</Total>
      </AmtsFromSubstContributors>
      <SupportFromDQPsEtc>
        <Total>0</Total>
      </SupportFromDQPsEtc>
      <PublicSupportTotal509>2689983</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>6166</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>2900</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>2977</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>617</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>6632</CurrentTaxYear>
        <Total>19292</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>6166</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>2900</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>2977</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>617</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>6632</CurrentTaxYear>
        <Total>19292</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
        <CurrentTaxYearMinus4Years>415054</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>528007</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>560493</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>571003</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>634718</CurrentTaxYear>
        <Total>2709275</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.99290</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.99290</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.00710</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.00710</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <Equipment>
        <OtherCostOrOtherBasis>47690</OtherCostOrOtherBasis>
        <Depreciation>44568</Depreciation>
        <BookValue>3122</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>14000</OtherCostOrOtherBasis>
        <Depreciation>14000</Depreciation>
        <BookValue>0</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>3122</TotalOfBookValueLandBuildings>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>ALL BOARD MEMBERS SIGN CONFLICT OF INTEREST POLICY ANNUALLY</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15A</ReturnReference>
        <Explanation>EXECUTIVE COMMITTEE OF BOARD CONDUCTS A PERFORMANCE APPRAISAL, REVIEW OF GOALS AND ACCOMPLISHMENTS. BASED ON OUTCOME, MAY RECOMMEND A SALARY INCREASE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AT ITS PRINCIPAL PLACE OF BUSINESS DURING REGULAR BUSINESS HOURS. POLICIES ARE LOCATED IN OFFICE, AVAILABLE IN EITHER HARD OR SOFT COPY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 9:</ReturnReference>
        <Explanation>ACCRUED INCOME RECOGNIZED PER TAX NOT PER BOOK -18,250.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>WOMEN'S BUSINESS ENTERPRISE NATION COUNCIL INC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>1120 CONNECTICUT NW STE 950</AddressLine1>
          <City>WASHINGTON</City>
          <State>DC</State>
          <ZIPCode>20036</ZIPCode>
        </AddressUS>
        <EIN>522023392</EIN>
        <PrimaryActivities>PROVISION OF NATIONAL STANDARD OF CERTIFICATION OF WOMEN-OWNED BUSINESSES</PrimaryActivities>
        <LegalDomicileState>DC</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>LINE 9</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <DividendsRelatedOrganization>0</DividendsRelatedOrganization>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>0</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>1</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL INC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>S</TransactionType>
        <AmountInvolved>54015</AmountInvolved>
        <MethodOfAmtDetermination>CASH RECEIPTS</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>