Women Impacting Storebrand Excellence Inc Wise

What it reported doing in 2024

WISE 2024 ACCOMPLISHMENTS2024 marked another exceptional year for WISE! The DEI Learning Series garnered outstanding reception, with 15 sessions offered across 4 tracks (Human Resources, Leadership, Personal Growth, & CoHort) in partnership with ExecuInsight. With 125 participants from 27 companies, the series consistently delivers significant value to our members and will continue to be a cornerstone of WISE's program offerings, cherished as a valuable Partner benefit.Participants were surveyed and rated the program an average of 4.6/5.0! Topics covered included: DEI 101The Art of Diversity, Equity & Inclusion. Attracting & Onboarding Diverse TalentThe Latest Business Case Info for DEI & the Consumer Demand for itSelf-Reflection, Understanding Your HistoryMicroaggressionsScorecarding & Institutionalizing a Sustainable DEI PlatformUnconscious Bias to Conscious Inclusion & LeadershipUnderstanding Your Workstyle and How That Impacts Emotional Intelligence5 Actions You Can Take Today to Lead More InclusivelyLaunching Successful Business Resource Groups & How to Have Inclusive InteractionsCultural Literacy & the Future of Advancing Inclusivity Handling Difficult Situations & People Compassion & Civility in the Workplace. AllyshipIn addition to flawlessly executing the 2024 program, there was a ton of work to set the stage for 2025 content including a program rebrand to WISE Inclusive Excellence Series. In 2024, Katie Blohowiak assumed the role of WISE Chair, bringing strong leadership and vision. We welcomed new board members Shayna Wagner and Theo Schweitz, and celebrated the return of former Board Chair Jen Linke. Luci Sheehan, Jac Ross, and Lisa Eatherton renewed their terms, while we thanked Judy Clark for her impactful service as her term concluded. The Junior Board, led by Emily Glass, continues to gain momentum and foster emerging talent across the industry.In Fall 2024, WISE hosted Night of Dynamic Networking Event in Chicago, bringing together over 50 members for an engaging evening. Jim Griffin, President of Daymon, shared valuable insights on the evolving Private Brands landscape, key industry drivers, and Daymons growing commitment to Belonging and Impact.In 2024, WISE made the strategic decision to maintain a virtual format for the Annual Meeting while reintroducing our in-person Networking Event to align with PLMA. Building on the momentum of 2023s record-breaking attendance, we elevated our planning efforts and introduced a more optimized event layout. The result was a resounding successour first-ever sold-out eventbringing together industry professionals for meaningful networking and collaboration.The Organization's 2024 Annual Meeting was energized by the presence of the incredibly dynamic and motivational speaker, Marie Quintana. Attendees were gifted her book, "Last Flight from Havana", adding depth to the event's message. The vibrant discussions that ensued during the in-person networking event brought the message to life, fostering connection and inspiration among participants.Below you can see the 2024 WISE Wins by the numbersConducted 4 webinars with nearly 400 attendeesPerformed 10 mentor circles with 70 participants from 16 companiesMonthly e-newsletters with original content & interviewsCompleted a second year of DEI Series with 125 registrants!

Financial Efficiency

• Mission deployment rate: 65.1%; rating input score 65
• Program expense ratio: 71.3%; rating input score 71
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 4 of 7 controls in place; rating input score 57
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 8.7%; rating input score 58; 58th percentile among comparable filings
• Total-asset coverage ratio: 3.29; rating input score 71; 71st percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 50th percentile among comparable filings
• Revenue growth: -0.5% per year; rating input score 0; 22nd percentile among comparable filings
• Asset growth: 11.2% per year; rating input score 100; 69th percentile among comparable filings