Global Women in Blockchain Inc
Nonprofit profile at a glance
- EIN
- 824413638
- IRS 990-EZ coverage
- 2018–2020
- Forms available
- Form 990-EZ 2020
- Location
- Midwest City, OK, USA
- Phone
- 3039473500
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $1,013
- Expenses
- $1,765
- Assets
- $102
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Nina Nichols (President)
People named in this filing
- Nina Nichols (President)
- Susan Brazer (Executive Dir.)
- Jody Harris (Administrator)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Global Women in Blockchain (GWB) is the first international umbrella organization designed to activate and accelerate the powerful partnerships of women to lead in the education, development and promotion of blockchain technologies. Our non-profit group aims to inject much-needed diversity into tech by empowering women through shared business connections and exchanges, association, meet-ups, forums, learning events and more. GWB aspires to have at least one female delegate per country to lead in service of women by fostering an ecosystem of trust, support, inclusion, conscious leadership and socio-economic advancement.GWB exists to empower women through blockchain technologies by:1) Bringing together, connecting, and promoting all groups that support women and our various causes.2) Organizing and sustaining a community of women dedicated to advancing blockchain and STEM technologies.3) Offering strategic and informed program initiatives and educational resources that foster an inclusiv
What it reported doing in 2020
Third year: Due to COVID-19 pandemic, we are still in the process of developing programs.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 15
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -74.2%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -36.8% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -71% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -48% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2018 to 2020
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 15/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.