WOMENS VENTURE FUND INC: Form 990EZ, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- WOMENS VENTURE FUND INC (EIN 13-3807693)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-19
- IRS object ID
- 202012939349200531
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-19T12:38:47-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221481139 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAMUEL KLEIN AND COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 BROAD ST STE 11 | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 071024543 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133807693 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOMENS VENTURE FUND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WOME | BusinessNameControlTxt |
| Phone | 2125630499 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 BROADWAY 29TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARIA OTERO | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-10-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRUCE W MICHEL | PreparerPersonNm |
| PTIN | P00381558 | PTIN |
| Phone | 9736246100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | WWW.WOMENSVENTUREFUND.COM | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $91,360 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $45,508 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $8,642 | ProgramServiceRevenueAmt |
| Investment Income | $495 | InvestmentIncomeAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Fundraising Gross Income | $20,257 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $10,250 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $10,007 | SpecialEventsNetIncomeLossAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Other Revenue Total | $16,458 | OtherRevenueTotalAmt |
| Total Revenue | $81,110 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $101,442 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $27,291 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $4,700 | OccupancyRentUtltsAndMaintAmt |
| Other Expenses Total | $16,256 | OtherExpensesTotalAmt |
| Total Expenses | $149,689 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$68,579 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $331,380 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $262,801 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,866 | BOYAmt |
| EOY | $206,382 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $236,229 | BOYAmt |
| EOY | $90,139 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337,095 | BOYAmt |
| EOY | $296,521 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,715 | BOYAmt |
| EOY | $33,720 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $331,380 | BOYAmt |
| EOY | $262,801 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | The organization helps women of diverse backgrounds establish thriving businesses in urban communities. WVF offers training, small business loans, technical assistance and a network of business advisors to help women reach their goals. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | Technical Assistance & Support Services:Women's Venture Fund helps women of diverse backgrounds establish thriving businesses in urban communities through a variety of programs. WVF offere training,small business loans and a network of business advisors to help women reach their goals. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $121,713 | GrantsAndAllocationsAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $121,713 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| Maria Otero | ||
| President & CEO | 40.00 | $0 |
| Saquib Jalil | ||
| Treasurer | 1.00 | $0 |
| Tracy Caliendo | ||
| Director | 1.00 | $0 |
| Rose Klimovich | ||
| Director | 1.00 | $0 |
| Darrell W Gunter | ||
| Director | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TAXPAYER | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 BROADWAY 29TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124630499 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Community Trust | Yes (X) | CommunityTrustInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $448,578 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $229,143 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $259,623 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $159,500 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,500 | CurrentTaxYearAmt |
| Total | $1,142,344 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $448,578 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $229,143 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $259,623 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $159,500 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,500 | CurrentTaxYearAmt |
| Total | $1,142,344 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,142,344 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,413 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $322 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $495 | CurrentTaxYearAmt |
| Total | $2,292 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,144,636 | TotalSupportAmt |
| Public Support CY170 | 0.99800 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99870 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | HLA Event | Event1Nm |
| Gross Receipts Event1 | $20,257 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $20,257 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $10,250 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $20,257 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $20,257 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $10,250 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $10,250 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $10,007 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other Revenue.1 | $16458 |
| Other Expenses.1002 | Office Expenses $8011 |
| Other Expenses.1005 | Travel $997 |
| Other Expenses.1008 | Interest $42 |
| Other Expenses.1012 | Insurance $1454 |
| Other Expenses.1 | Technology $3427 |
| Other Expenses.2 | Payroll Processing $1692 |
| Other Expenses.3 | Bank charges and loan finance $633 |
| Other Assets.1005 | Accounts Receivable - Beginning $129000 Accounts Receivable - Ending $20000 |
| Other Assets.1012 | Intangible Assets - Beginning $425 Intangible Assets - Ending $425 |
| Other Assets.1 | Loans Receivable - Beginning $106804 Loans Receivable - Ending $69714 |
| Total Liabilities.1001 | Accounts Payable and Accrued Expenses - Beginning $5715 Accounts Payable and Accrued Expenses - Ending $33720 |