The Women's Collective Inc

Nonprofit profile at a glance

EIN
843425975
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Atlanta, GA, USA
Phone
4048498257
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Reported finances

Revenue
$73,214
Expenses
$51,889
Assets
$93,559
Liabilities
$1,051

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ALLISON BITTEL (PRESIDENT & FOUNDER)
  • LANE MCCORMACK (PRESIDENT ELECT)
  • SUSAN GRUBB (VICE PRESIDENT)
  • NATASHA RICE (VICE PRESIDENT)

People named in this filing

  • ALLISON BITTEL (PRESIDENT & FOUNDER)
  • LANE MCCORMACK (PRESIDENT ELECT)
  • SUSAN GRUBB (VICE PRESIDENT)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We empower women leaders through shared experiences by providing thoughtful and inspiring programs focused on trends and topics that impact women in leadership, supporting women through mentorship and collaboration, and creating meaningful connections with other strong and effective women leaders.

What it reported doing in 2024

Twc emerging leaders mentorship program: a large focus of the women's collective is developing younger women and rising leaders through the twc emerging leaders mentorship program. Empowering mentee participants is an overarching design philosophythe program is designed to be mentee-driven to allow mentees to take ownership of their learning - define it, develop it, and be dedicated to it. Define it: mentor leadership is the creation of a personal and professional development relaonship between a leader, or mentor, and a person in the organization that demonstrates leadership potential. Mentoring is the act of sharing relevant insight and wisdom that accelerates the mentee's personal and professional development.develop it: a mentor can help develop important professional connections, expand network personally and expose one to new opportunities professionally.be dedicated to it: sometimes it seems hard to get a mentor leadership program off the ground. It is ideal if your organization creates a clear strategy for mentor leadership opportunities. A thoughtful framework helps determine the guiding principles, clarifies reasons for the program, helps define the objectives, and creates a plan for implementation. We offer a 12-month mentoring program for 15-20 women who apply and are selected. The mentee program is open to the public for women 6-12 years into their career and who demonstrate a passion for excellence. Applications for membership for each year's mentee class can be found on our website (https://thewomenscollectiveatl.com/twc-emerging-leaders/) as well as on the women's collective public linkedin page. Once all applications are submitted, a diverse mentee class is chosen based on credentials, industry, and background. Throughout the 12-month program, the women's collective provides the following: -quarterly leadership development programming on subjects that include authenticity, building trust, understanding your style: working genius.-each mentee is paired with a senior level mentor who provides guidance, support and advice for the 12-month program, which is important to a young leader's development. The mentees/mentors go through a match process to ensure compatibility and success, and the mentors meet with their mentee monthly. Many mentees/mentors continue to meet and share advice past the 12-month mentee period. It is a lifelong relationship. -mentees are invited and encouraged to attend each of the four women's collective events detailed below at no cost. -upon successfully completing the mentee program, these women are invited to join the women's collective as an associate level membership and can continue to take part in educational programs and events at a discounted price. Associate members also support the women's collective by volunteering at events, where they continue to find community among other women business leaders and develop into future leaders.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 87% 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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 30
  • Transparency & Controls: 100
  • Sustainability: 66
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 26.4%; rating input score 26
  • Program expense ratio: 37.3%; rating input score 37

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 29.1%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.8; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 26.4% of revenue deployed · 37.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $19K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 26/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 37/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.