2023-11-14T17:15:23-06:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 043256236 CENTER FOR WOMEN & ENTERPRISE INC CENT 6175360700 44 SCHOOL STREET NO 200 BOSTON MA 02108 GABY KING MORSE PRESIDENT/CEO 6175360700 2023-11-09 1 GABY KING MORSE XXX-XX-XXXX 1 KATIE BELANGER CPA P01585213 5083669100 2023-11-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GABY KING MORSE 44 SCHOOL STREET NO 200 BOSTON MA 02108 4453576 0 X WWW.CWEONLINE.ORG X 1995 MA EDUCATION, TRAINING, CONSULTING, TECHNICAL ASSISTANCE AND CERTIFICATION FOR ENTREPRENEURS. 25 24 34 167 0 0 4118908 3888683 486633 554118 0 0 0 -31639 4605541 4411162 0 0 0 0 2762344 2699333 0 0 529881 1546824 1672369 4309168 4371702 296373 39460 1190751 2065282 852032 1714598 338719 350684 X CWE IS AN ECONOMIC EMPOWERMENT ORGANIZATION WHOSE MISSION IS TO HELP WOMEN BUSINESS OWNERS AND ASPIRING FEMALE ENTREPRENEURS LAUNCH AND GROW THEIR BUSINESS BY PROVIDING GREATER ACCESS TO THE RESOURCES, TOOLS, AND SUPPORT THEY NEED. WE ACHIEVE THIS MISSION BY PROVIDING EDUCATION, TRAINING, TECHNICAL ASSISTANCE, ACCESS TO MARKETS, AND PATHS TO FUNDING TO WOMEN ENTREPRENEURS AND EARLY-STAGE BUSINESSES. 0 0 2853179 24259 EDUCATION: SINCE ITS FOUNDING IN 1995, THE CENTER FOR WOMEN & ENTERPRISE HAS TRAINED 60,600 ASPIRING SMALL BUSINESS OWNERS WHO HAVE CREATED 57,500 JOBS AND PAID $1.6 BILLION IN WAGES TO THEIR EMPLOYEES. WE PROVIDE COMPREHENSIVE PROGRAMS AND SERVICES FOR ENTREPRENEURS AND BUSINESS OWNERS IN MA, NH, RI, AND VT, WHICH ADDRESS THE FULL CONTINUUM OF THEIR BUSINESSES' LIFECYCLES. CWE OFFERS ONSITE, ONLINE AND WORKSHOPS IN THE COMMUNITIES WE SERVE ON CRITICALLY RELEVANT TOPICS INCLUDING FINANCIAL LITERACY, BUSINESS PLAN CREATION, FINANCING OPTIONS, AND VISIONING, ALL DESIGNED TO STRENGTHEN WOMEN AND VETERAN OWNED BUSINESSES. IN 2022 ALONE, PARTICIPATION IN OUR PROGRAMS AND EVENTS TOTALED 11,491 AND WE SERVED 3,829 INDIVIDUALS, PROVIDING THEM WITH THE TOOLS THEY NEED TO SUCCESSFULLY CREATE NEW INCOME OPPORTUNITIES FOR THEMSELVES AND THEIR FAMILIES, WHILE ALSO BOOSTING THE NEW ENGLAND ECONOMY. 493871 529859 CERTIFICATION: THE CENTER FOR WOMEN & ENTERPRISE OFFERS WOMEN BUSINESS OWNERS THE ABILITY TO OBTAIN FORMAL STATUS OF THEIR DIVERSITY THROUGH A VARIETY OF CERTIFICATIONS. CERTIFICATION ALLOWS BUSINESSES TO BID ON CONTRACTS AS A DIVERSE VENDOR IN BOTH THE PRIVATE AND PUBLIC SECTOR. IT IS AN IMPORTANT TOOL FOR EXPANDING THE VISIBILITY OF A COMPANY AMONG DECISION MAKERS IN SUPPLIER DIVERSITY AND PROCUREMENT. CWE IS THE REGIONAL PROVIDER OF THE WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL (WBENC), THE PREMIERE PRIVATE SECTOR CERTIFICATION THAT GIVES WOMEN-OWNED BUSINESSES AN ADVANTAGE IN THE CORPORATE BIDDING ARENA. WE ALSO OFFER THE WOMEN OWNED SMALL BUSINESS (WOSB-FEDERAL) AS A SECONDARY CERTIFICATION AT NO ADDITIONAL COST. THIS CERTIFICATION IS REQUIRED FOR WOMEN-OWNED BUSINESSES THAT WANT TO BID ON FEDERAL CONTRACTS IN THE PUBLIC SECTOR. IN 2022, CWE CERTIFIED 529 WOMEN-OWNED BUSINESSES THROUGH THE WBENC. 3347050 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 98 0 1 34 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA RI NH X GABY KING MORSE PRESIDENTCEO 6175360700 44 SCHOOL STREET STE 200 BOSTON MA 02108 GABRIELLE KING MORSE CEO & PRESIDENT 40.00 X X 193451 0 20393 LISA WOOD BOARD CHAIR 10.00 X X 0 0 0 STEPHANIE PARE SULLIVAN SECRETARY AND BOARD MEMBER 10.00 X X 0 0 0 CYNTHIA SMITH TREASURER AND BOARD MEMBER 10.00 X X 0 0 0 DESIREE ALLEN BOARD MEMBER 3.00 X 0 0 0 MARYALICE DECAMP BOARD MEMBER 3.00 X 0 0 0 JORDAN GAUTHIER BOARD MEMBER 3.00 X 0 0 0 VICKI GRAY BOARD MEMBER 3.00 X 0 0 0 ELLEN HOFFMAN BOARD MEMBER 3.00 X 0 0 0 ROBIN KRAMER BOARD MEMBER 3.00 X 0 0 0 SCOTT LANDERS BOARD MEMBER 3.00 X 0 0 0 PAMELA LENEHAN BOARD MEMBER 3.00 X 0 0 0 NAHEED MALIK BOARD MEMBER 3.00 X 0 0 0 MARCIA MORRIS BOARD MEMBER 3.00 X 0 0 0 ANN RAMAKUMARAN BOARD MEMBER 3.00 X 0 0 0 JESSICA RASCIONATO BOARD MEMBER 3.00 X 0 0 0 ASHLEY REICHHELD BOARD MEMBER 3.00 X 0 0 0 DOUG SHAW BOARD MEMBER 3.00 X 0 0 0 DEBRA THOMAS BOARD MEMBER 3.00 X 0 0 0 CONSTANCE WRIGHT BOARD MEMBER 3.00 X 0 0 0 SANDRA ST FLEUR WRIGHT BOARD MEMBER 3.00 X 0 0 0 LIXIN OLSEN BOARD MEMBER 3.00 X 0 0 0 MATTHEW STEINKRAUSS BOARD MEMBER 3.00 X 0 0 0 JENNIFER ZAVALA BOARD MEMBER 3.00 X 0 0 0 JAIME MAHONEY BOARD MEMBER 3.00 X 0 0 0 KIMBERLY ZOUZOUA VP DEVELOPMENT 40.00 X 146692 0 8835 AMY GRONDIN VP FINANCE 40.00 X 127976 0 4204 MICHELLE RIENDEAU VP COMMUNICATIONS 40.00 X 119267 0 8835 MICHELLE MILLER VP PROGRAM DELIVERY 40.00 X 114970 0 15443 702356 0 57710 5 0 1 0 SURFSIDE CAPITAL 1019 KANE CONCOURSE SUITE 201 BAY HARBOR FL 33154 TRANSLATION SERVICES AND CONSULTING IN S 141840 1 271297 2271316 1346070 49076 3888683 TUITION, LESS SUBSIDIE 541900 434118 434118 CORPORATE DUES 541900 120000 120000 554118 10775 271297 42414 -31639 -31639 4411162 554118 0 -31639 213844 106922 53461 53461 1989689 1459177 211443 319069 282462 174680 46949 60833 213338 152044 25388 35906 1408 1408 37500 37500 149589 109010 40579 72960 59768 12993 199 31006 25175 5204 627 297087 232719 25898 38470 259128 233715 12707 12706 48225 39095 5411 3719 35673 32105 3568 16776 15098 1678 13609 11809 1800 INSTRUCTOR FEES/STIPEND 424866 424866 PROGRAM EVENTS AND MATE 184689 184689 FUNDRAISING AND SPECIAL 51621 49415 2206 EQUIPMENT RENTAL AND MA 32922 32922 15310 3841 8784 2685 4371702 3347050 494771 529881 333511 246590 751358 1065579 32500 44250 20676 25237 484729 477262 24243 7467 28463 676159 1190751 2065282 334032 260973 500000 620000 18000 833625 852032 1714598 X 229219 31184 109500 319500 338719 350684 1190751 2065282 39460 -27495 0 X X 0 1 X 1 1 1 X 2481923 2225570 3045260 4118908 3888683 15760344 2481923 2225570 3045260 4118908 3888683 15760344 430086 15330258 15760344 2520843 0.97270 0.99040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22910 22910 0 201543 194077 7466 260276 260275 1 7467 DEPOSITS 28463 RIGHT-OF-USE ASSET 647696 676159 CONDITIONAL GRANT ADVANCES 163000 LEASE LIABILITY 670625 833625 X 4621446 167870 42414 210284 4411162 0 4411162 4581986 167870 42414 210284 4371702 0 4371702 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2022. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 42,414. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 42,414. AUCTION & GALA 282072 271297 10775 42414 282072 271297 10775 42414 42414 -31639 X X 0 0 0 0 0 0 0 0 0 GABRIELLE KING MORSE CEO & PRESIDENT 193451 0 0 0 0 0 0 0 20393 0 213844 0 0 0 KIMBERLY ZOUZOUA VP DEVELOPMENT 146692 0 0 0 0 0 0 0 8835 0 155527 0 0 0 X 1170 FMV X 18 3736 FMV X HOTEL STAYS 10 32704 FMV X TICKETS 10 6190 FMV X GIFT CARDS 7 2125 FMV X MISCELLANEOUS 9 2053 FMV X GOLF 2 800 FMV X JEWELRY 3 298 FMV 0 0 0 FORM 990, PART V, LINE 13A MA FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF GOVERNANCE IN DRAFT FORM PRIOR TO FILING. THE BOARD CHAIR, BOARD TREASURER, AUDIT COMMITTEE, PRESIDENT AND CEO, AND THE DIRECTOR OF FINANCE AND ADMINISTRATION REVIEWED THE FORM IN DETAIL. A FINAL VERSION OF THE FORM, INCORPORATING THE BOARD'S COMMENTS, IS SIGNED BY THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE ORGANIZATION'S BY-LAWS AND IS CIRCULATED ANNUALLY TO THE BOARD MEMBERS AND THE PRESIDENT AND CEO. CONFLICTS ARE REPORTED TO THE BOARD CHAIRPERSON AND REVIEWED BY THE CHAIRPERSON. NO CONFLICTS HAVE BEEN REPORTED. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT AND CEO IS THE TOP MANAGEMENT OFFICIAL WHOSE COMPENSATION IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE PRESIDENT/CEO'S COMPENSATION IS COMPARED TO APPROPRIATE RANGES OF COMPENSATION FOR THE POSITION IN ORGANIZATIONS OF SIMILAR SIZE AND WITH SIMILAR RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE ON THE WEBSITE OF THE MASSACHUSETTS ATTORNEY GENERAL, DIVISION OF PUBLIC CHARITIES, AND MAY BE VIEWED OR DOWNLOADED. IT IS AN ATTACHMENT TO THE MASSACHUSETTS FORM PC FILED ANNUALLY. IT IS ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. ALTERNATIVELY, IRS FORM(S) 990 FILED WITHIN A 3-YEAR PERIOD FROM THE DATE OF FILING, ARE AVAILABLE FOR INSPECTION, AS WELL AS THE ORGANIZATION'S EXEMPTION APPLICATION, AT THE MAIN BUSINESS OFFICE OF THE ORGANIZATION AT 44 SCHOOL STREET, BOSTON, MA, 02108 DURING REGULAR BUSINESS HOURS. UPON IN-PERSON, WRITTEN OR AN E-MAIL REQUEST, A COPY WILL BE PROVIDED OF THE FORM 990, SUBJECT TO THE PAYMENT OF REASONABLE COPYING AND MAILING CHARGES, IN ACCORDANCE WITH IRS REGULATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICES AT 44 SCHOOL STREET, BOSTON, MA 02108 DURING REGULAR BUSINESS HOURS. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH PERFORMS THIS FUNCTION.