Women's Business Council - Southwest

Nonprofit profile at a glance

EIN
752587342
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Irving, TX, USA
Phone
8174052302
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Intergroup, Race Relations

Official website

Reported finances

Revenue
$1,846,814
Expenses
$1,475,776
Assets
$2,952,209
Liabilities
$1,182,348

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

Leadership & pay

46 people listed

Executive titles in this filing

  • BLISS COULTER (PRESIDENT)
  • LINDSAY PITTARD (VICE PRESIDENT OF OPERATIONS & STRATEGY)

Highest reported compensation

  • BLISS COULTER (PRESIDENT): $214,681 total reported compensation
  • LINDSAY PITTARD (VICE PRESIDENT OF OPERATIONS & STRATEGY): $138,445 total reported compensation
  • MARILYN PINSON (DIRECTOR OF CERTIFICATIONS): $104,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's primary purpose is to provide a means for identifying and assisting women-owned businesses to compete effectively in the business world.

What it reported doing in 2024

The mission of the women's business council - southwest (wbcs) is to facilitate mutually beneficial procurement opportunities among women's business enterprises (wbe) and sustaining corporate members. The wbcs proudly serves a four-state region including the northern half of Texas, Arkansas, New Mexico, and Oklahoma. In an effort to realize the mission of wbcs, four foundational components aid in achieving our success: certification, procurement, education, and networking. The membership of the wbcs includes 76 corporate members and 1,385 women business enterprise (wbe) members (continued on schedule o).wbcs administers the following certification for our wbe constituents: women's business enterprise national certification (wbenc), women owned small business certification for the federal government state of Texas historically underutilized business certification small business enterprise certification for use by dfw int'l airport. The signature events of the wbcs include: parade of stars awards gala: the council recognizes and celebrates exemplary corporate and wbe members at this elegant event featuring networking, dinner, and awards. Harvesting partnerships: our procurement and educational workshop features panel discussions and seminars on issues of interest to council members. Connection to contracts: combining the most popular elements of former wbcs events - power to potential, executive insights, and business works expo, this inaugural procurement event features corporate roundtable sessions, a c-suite executive keynote luncheon and "prime time" sessions led by sustaining (corporate) members and their tire 1 suppliers. Wbcs educational initiatives include: dfw area table topics luncheons - monthly wbcs conducts model programs that advance its mission and provide added value for the members. Corporate scorecard - annual reporting out to corporate members on their specific participation in wbcs events and the value and recognition received for their participation. Wbcs conducts programming for segments of the membership that supports community and engagement, i.e. Wbes of color, and next generation wbes. Wbcs converses with others through the following outlets: facebook.com/wbcsouthwesttwitter.com/wbcsouthwest linkedin.com/company/women's-business-councilsouthwestyoutube.com/wbcsouthwestwww.wbcsouthwest.org

Operating model

Revenue model
Earned-program. 63% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 97% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 83
  • Accountability: 90
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60%; rating input score 60
  • Program expense ratio: 76.6%; rating input score 77
  • Fundraising efficiency: $5.97 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 20.1%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 2; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 31%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 0.7% per year; rating input score 100; 20th percentile among comparable filings
  • Revenue growth: 3.1% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 60% of revenue deployed · 76.6% of spending went to programs
  • Governance: 44 of 44 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $215K · 46 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 22/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.