EIN 27-3272688

5050 Women on Boards

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
2010
Most recent tax filings
2023-12-01
NTEE code, primary
Description
5050 Women on Boards empowers women to achieve gender balance on corporate boards, promoting leadership, diversity, and inclusion through training and advocacy.
Also known as...
2020 Women on Boards
Total revenues
$1,644,913
2023
Total expenses
$1,495,345
2023
Total assets
$2,023,520
2023
Num. employees
7
2023

Program areas at 5050 Women on Boards

In 2023, the Global Conversation on Board Diversity held 1 Virtual Conversations and 17 City Conversations. Events are organized and run by a volunteer chair or co-chairs. 5050WOB enters into an agreement with the chair or co-chairs for the planning and fundraising for the event, but expenses are incurred by, and proceeds are paid to the organization. All proceeds for 5050WOB managed events are retained by the organization. All GBCD events are entirely run by volunteers and were mostly held in the months of September through December of 2023. The events are centered around a theme related to the organizations mission, which is discussed by a speaker or panel of speakers. Individual Attendees pay for entry based on a selection of one event and add-on events if they would like to attend more than one event. Additionally, corporations may purchase a sponsorship for a single event location or multiple locations, which range in price between $3,500.00 and $100,000. Sponsorship packages include a range of benefits depending on package, including options such as sponsoring companys name and logo on 5050WOBs website, social media recognition, and acknowledgement at the event. All contributions from GCBD events are unrestricted.
Individual Virtual Workshops are offered based on two tier system. Tier One is an intensive training program that provides senior-level and C-suite women executives the strategic tools to pursue their first public or private corporate board seat. Tier Two provides mid-career women executives the opportunity to explore whether a board seat is right for them, and increased visibility as an aspiring board candidate. Each workshop is limited to 25 participants, who pay tuition, which range in price between $350.00 and $1,500.00. Corporate Virtual Workshops are offered exclusively to Corporations who wish to purchase a workshop for their employees. Each workshop is limited to 20-25 participants depending on purchased workshop, the corporation pays tuition, which range in price between $10,000 to $25,000. All Workshops are led by 5050WOB CEO, Betsy Berkhemer-Credaire, and Co-founder and Chair, Stephanie Sonnabend, with other guest directors
Education and Research. Since 2010, we've been analyzing and reporting on public company board diversification. Our quarterly and annual reports identify factors that promote or impede gender balance and diversity, while our Gender Diversity Directory Index enables users to search by company name, state, sector, and Board Rating to identify companies lacking women on their boards.

Who funds 5050 Women on Boards

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$12,500
California Community FoundationCivic Engagement$10,000
American Online Giving FoundationGeneral Support$5,418
...and 3 more grants received

Personnel at 5050 Women on Boards

NameTitleCompensation
Betsy Berkhemer-CredairePresident and Chief Executive Officer$152,500
Heather SpilsburyChief Operating Officer$215,000
Eugenia TelloDirector of Finance$132,000
Stephanie SonnabendBoard Chair$28,125
Mal Diana GeroVice Chair$0
...and 3 more key personnel

Financials for 5050 Women on Boards

RevenuesFYE 12/2023
Total grants, contributions, etc.$152,858
Program services$1,483,784
Investment income and dividends$8,271
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,644,913

Form 990s for 5050 Women on Boards

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-31990View PDF
2022-122023-09-08990View PDF
2021-122022-09-12990View PDF
2020-122021-10-29990View PDF
2019-122021-02-26990View PDF
...and 9 more Form 990s
Data update history
December 23, 2024
Updated personnel
Identified 2 new personnel
August 26, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 25, 2024
Updated personnel
Identified 1 new personnel
August 24, 2024
Used new vendors
Identified 1 new vendor, including
July 13, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from California Community Foundation
Nonprofit Types
Social advocacy organizationsHuman rights organizationsCivil rights and social justice organizationsCharities
Issues
EducationWomen and girlsHuman rights
Characteristics
Political advocacyNational levelCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
PO Box 861958
Los Angeles, CA 90086
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
5050wob.com/ 
Phone
(323) 416-2020
IRS details
EIN
27-3272688
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
R24: Womens Rights
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0190971
FTB Entity ID
3863525
AB 488 data last updated ("as-of") date
2024-12-31
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