Weconnect International INC

Tax-deductible

Washington, DC501(c)(3)Since 2009InternationalEIN 27-1153340

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Weconnect International is a global 501(c)(3) non-profit that facilitates economic growth by increasing opportunities for women owned businesses to succeed in the global value chains. Weconnect identifies, educates, and certifies women's business enterprises that are at least 51% owned, managed and controlled by one or more women.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Run by 30 volunteers and 14 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $256K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 23% of spending
Top officer’s pay higher than 97% of similar orgs
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$941K
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 17 voting members
Looks good: 16 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.9M
-17% vs prior year
Spent
$5.9M
To programs
80%
Net assets
$2.7M
By yearFY2020–FY2025
Revenue
$5.9M
FY2025▼ -17%
Revenue by fiscal year
FY2020$4.1M
FY2021$7.2M
FY2022$8.5M
FY2023$7.4M
FY2024$7.1M
FY2025$5.9M
Expenses
$5.9M
FY2025▼ -24%
Expenses by fiscal year
FY2020$4.0M
FY2021$5.6M
FY2022$7.9M
FY2023$7.8M
FY2024$7.7M
FY2025$5.9M
Net assets
$2.7M
FY2025▲ +2%
Net assets by fiscal year
FY2020$842K
FY2021$2.5M
FY2022$3.2M
FY2023$2.9M
FY2024$2.6M
FY2025$2.7M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $4.7M Management & general 12% · $730K Fundraising 7% · $439K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
$385,302Pt VII · Sec A
$301,417Pt VII · Sec A
Eu & Mena Reg Dir
$147,093Pt VII · Sec A
N Amer Reg Dir
$131,805Pt VII · Sec A
E/Se Asia Reg Dir
$127,171Pt VII · Sec A
Cert. Manager
$120,778Pt VII · Sec A
Dir of Global Mkts
$111,919Pt VII · Sec A
$0Pt VII · Sec A

Elizabeth a Vazquez’s $385K as President is at the 97th percentile of top reported officer pay among 1168 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elizabeth a Vazquez$385,302$385,421$331,753$320,105$259,322$215,696
Saritha Venumbaka$301,417$252,260$225,500$223,358$171,667$164,253
Soledad Gompf—$77,917$220,500———
Jose Cunningham——$200,500———
Rebecca Kirkpatrick Pearson————$190,300$84,924
Ana Maria Guevara—$166,800$189,832$179,192——
Michael Tobolski—$186,507$139,432$125,036$128,454$115,940
Jerome Flint$147,093—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects women-owned businesses with global supply chains for growth.

Provided by the organization

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3 programs · $3.3M · in their own filed words · FY2025
01

Connecting Opportunities

Member buyers provide opportunities for their teams to engage with women business owners locally or internationally and virtually or in PERSON.THESE introductions help members learn about new products and service and women business owners learn about buyer needs and the criteria and standards required to compete for business…

$1.3Mprogram expense
02

Capacity Building of Women Business Owners

Strengthen the capacity and confidence of women business owners to think big and grow their companies through access to markets through localized curriculum based on the needs of participants.

$1.2Mprogram expense
03

Technical Outreach and Stakeholder Engagement

Raise the awareness of women and other key stakeholders of the value of women as business owners and how to support their access to markets. Develop relationships with key stakeholders in the public sector, private sector, and civil society, to support business training in English and local languages.

$694Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.9M
Ln 12
Fees for servicesLn 2g$3.4M
Gifts and grantsLn 1h$2.5M
Investment incomeLn 3$41K
Money outPt IX
$5.9M
Ln 25
Programscol B$4.7M
Managementcol C$730K
Fundraisingcol D$439K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$3.6M
LiabilitiesLn 26$941K
PeoplePt VI, VII
23
listed · VII A
PaidVII A7
Voting boardVI 1a17
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.5M
Government grantsLn 1e$688K
Fundraising eventsLn 1c$84K
Fees for servicesLn 2g$3.4M
Investment incomeLn 3$41K
Gains on assetsLn 7$0
Total revenueLn 12$5.9M
Assets in detailPt X, end of year
CashLn 1$1.2M
SavingsLn 2$1.5M
Cash and savings togetherLn 1–2$2.7M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$163K
Other assetsLn 15$141K
Total assetsLn 16$3.6M
LiabilitiesLn 26$941K
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 514
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.7M$2.7M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$227K$163K
Total assetsLn 16$3.9M$3.6M
LiabilitiesLn 26$1.3M$941K
Net assetsLn 32$2.6M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$734K$641K$12K$81K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.4M$1.2M$22K$150K
Pension plan contributionsLn 8$13K$11K$210$1K
Other employee benefitsLn 9$98K$85K$2K$11K
Payroll taxesLn 10$96K$84K$2K$11K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$174K$174K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$1.8M$1.6M$145K$153K
Advertising and promotionLn 12$0
Office expensesLn 13$197K$2K$194K$200
Information technologyLn 14$121K$424$121K
RoyaltiesLn 15$0
OccupancyLn 16$35K$11K$24K
TravelLn 17$91K$71K$11K$9K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$556K$509K$44K$3K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$63K$63K
InsuranceLn 23$28K$2K$27K
Other expenses (24a–d)Ln 24$437K$360K$75K$3K
All other expensesLn 24e$22K$190K−$186K$17K
Total functional expensesLn 25$5.9M$4.7M$730K$439K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.9M$5.9M$37K$2.7M 990 PDF
FY2024 $7.1M$7.7M−$613K$2.6M 990 PDF
FY2023 $7.4M$7.8M−$347K$2.9M 990 PDF
FY2022 $8.5M$7.9M$692K$3.2M 990 PDF
FY2021 $7.2M$5.6M$1.7M$2.5M 990 PDF
FY2020 $4.1M$4.0M$95K$842K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $5,907,338 across 12 lines filed
VIII-1c Fundraising events$83,500
VIII-1e Government grants$687,502
VIII-1f All other contributions, gifts and grants$1,684,415
VIII-1h Total contributions, gifts and grants$2,455,417
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,415,692$3,415,692
VIII-3 Investment incomeExcluded from tax $41,161$41,161
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events−$14,287
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,355$9,355
VIII-12 Total revenueRelated to mission $3,425,047 · Excluded from tax $41,161$5,907,338
Part IX · Statement of functional expenses $5,870,095 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $641,100 · Management $11,838 · Fundraising $81,408$734,346
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,183,715 · Management $21,858 · Fundraising $150,311$1,355,884
IX-8 Pension plan contributionsPrograms $11,399 · Management $210 · Fundraising $1,447$13,056
IX-9 Other employee benefitsPrograms $85,196 · Management $1,573 · Fundraising $10,818$97,587
IX-10 Payroll taxesPrograms $83,707 · Management $1,546 · Fundraising $10,629$95,882
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $173,667$173,667
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,551,060 · Management $145,149 · Fundraising $152,994$1,849,203
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $2,181 · Management $194,181 · Fundraising $200$196,562
IX-14 Information technologyPrograms $424 · Management $120,982$121,406
IX-15 Royalties$0
IX-16 OccupancyPrograms $11,000 · Management $24,091$35,091
IX-17 TravelPrograms $71,091 · Management $11,211 · Fundraising $8,961$91,263
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $508,909 · Management $44,040 · Fundraising $2,616$555,565
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $63,233$63,233
IX-23 InsurancePrograms $1,616 · Management $26,789$28,405
IX-24 Other expenses (24a–d)Programs $359,615 · Management $74,893 · Fundraising $2,853$437,361
IX-24e All other expensesPrograms $190,149 · Management −$185,628 · Fundraising $17,063$21,584
IX-25 Total functional expensesPrograms $4,701,162 · Management $729,633 · Fundraising $439,300$5,870,095
Part X · Balance sheet $3,624,876 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $1,249,386$1,166,749
X-2 Savings and temporary cash investmentsStart of year $1,439,878$1,485,383
X-3 Pledges and grants receivableStart of year $560,966$40,000
X-4 Accounts receivableStart of year $84,232$56,820
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $153,193$571,077
X-10c Land, buildings and equipment, netStart of year $226,654$163,421
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $176,264$141,426
X-16 Total assetsStart of year $3,890,573$3,624,876
X-17 Accounts payable and accrued expensesStart of year $283,455$245,602
X-19 Deferred revenueStart of year $781,689$586,129
X-25 Other liabilitiesStart of year $185,504$109,542
X-26 Total liabilitiesStart of year $1,250,648$941,273
X-27 Net assets without donor restrictionsStart of year $1,928,142$2,438,981
X-28 Net assets with donor restrictionsStart of year $711,783$244,622
X-32 Total net assets or fund balancesStart of year $2,639,925$2,683,603
X-33 Total liabilities and net assetsStart of year $3,890,573$3,624,876
Part XI · Reconciliation of net assets $2,683,603 net assets at year end
XI-1 Total revenue$5,907,338
XI-2 Total expenses$5,870,095
XI-3 Revenue less expenses$37,243
XI-4 Net assets at start of year$2,639,925
XI-5 Net unrealized gains (losses) on investments$6,435
XI-10 Net assets at end of year$2,683,603

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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