Women in Electronics

Tax-deductible

Laguna Niguel, CA501(c)(3)EIN 82-5442263Revenue $1.4M in FY2024

On file with the IRSwomeninelectronics.com30972 Canterbury Pl, 92677-2428 · Laguna Niguel, CATax-exempt since Oct 2020Publicly supported — 509(a)(2)

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Women in Electronics, fueld by authenticity, is a community of progressive Women leaders at all stages of their careers dedicated to expanding the opportunities for Women in the fast-paced Electronics industry.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$236K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $169K a year · 15% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$236K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $61
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$100K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
+10% vs prior year
Spent
$1.4M
To programs
69%
Net assets
$691K
By yearFY2021–FY2024
Revenue
$1.4M
FY2024▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2021$873K
FY2022$935K
FY2023$1.3M
FY2024$1.4M
Expenses
$1.4M
FY2024▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2021$455K
FY2022$781K
FY2023$1.2M
FY2024$1.4M
Net assets
$691K
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2021$434K
FY2022$587K
FY2023$658K
FY2024$691K

From the FY2024 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: FY2024. IRS ruling in Oct 2020.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $983K Management & general 20% · $283K Fundraising 11% · $150K

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

5 people listed on the 990; $236K paid to officers and key staff.

Part VII, Section A · reportable compensation
President &
$236,000Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Jackie Mattox$236,000$256,578$204,471$199,821
Monica Highfill—$91,140$103,345—

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

Empowering women leaders to expand opportunities in the electronics industry.

Questions for Women in Electronics

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Provided by the organization

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1 program · $983K · in their own filed words · FY2024
01

The women in electronics (we) mission is to open the opportunities for women in the electronics industry. We have three main programs for training and development which are monthly leadership growth series that focuses on developing inclusive leadership skills. It is offered to members complimentary and non-members for a small fee.

$983Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$61

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$105K
Investment incomeLn 3$15K
Money outPt IX
$1.4M
Ln 25
Programscol B$983K
Managementcol C$283K
Fundraisingcol D$150K
Owns and owesPt X
$691K
net assets · Ln 32
Cash and savingsLn 1–2$663K
Total assetsLn 16$791K
LiabilitiesLn 26$100K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$105K
Investment incomeLn 3$15K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$149K
SavingsLn 2$515K
Cash and savings togetherLn 1–2$663K
Total assetsLn 16$791K
LiabilitiesLn 26$100K
Net assetsLn 32$691K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
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 FY24End FY24
Cash and savingsLn 1–2$612K$663K
Total assetsLn 16$774K$791K
LiabilitiesLn 26$116K$100K
Net assetsLn 32$658K$691K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$236K$142K$47K$47K
Other salaries and wagesLn 7$175K$122K$52K
Payroll taxesLn 10$59K$32K$15K$12K
Legal feesLn 11b$63K$63K
Accounting feesLn 11c$33K$33K
Other fees for servicesLn 11g$382K$293K$31K$58K
Office expensesLn 13$1K$1K$205$164
Information technologyLn 14$57K$34K$15K$9K
TravelLn 17$29K$26K$1K$1K
InsuranceLn 23$1K$646$294$235
Other expenses (24a–d)Ln 24$373K$328K$23K$22K
All other expensesLn 24e$7K$3K$2K$972
Total functional expensesLn 25$1.4M$983K$283K$150K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.4M$1.4M$33K$691K 990 PDF
FY2023 $1.3M$1.2M$71K$658K 990 PDF
FY2022 $935K$781K$154K$587K 990 PDF
FY2021 $873K$455K$419K$434K 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 FY2024 990 (6 parts)
Part I · Summary $1,448,521 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,001,352$1,328,788
I-9 Program service revenuePrior year $318,367$105,027
I-10 Investment income$14,706
I-11 Other revenue$0
I-12 Total revenuePrior year $1,319,719$1,448,521
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $505,795$469,896
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $743,078$945,878
I-18 Total expensesPrior year $1,248,873$1,415,774
I-19 Revenue less expensesPrior year $70,846$32,747
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,448,521 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,328,788
VIII-1h Total contributions, gifts and grants$1,328,788
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $105,027$105,027
VIII-3 Investment incomeRelated to mission $14,706$14,706
VIII-12 Total revenueRelated to mission $119,733$1,448,521
Part IX · Statement of functional expenses $1,415,774 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $141,600 · Management $47,200 · Fundraising $47,200$236,000
IX-7 Other salaries and wagesPrograms $122,500 · Management $52,500$175,000
IX-10 Payroll taxesPrograms $32,393 · Management $14,724 · Fundraising $11,779$58,896
IX-11b Legal feesManagement $63,043$63,043
IX-11c Accounting feesManagement $33,200$33,200
IX-11g Other fees for servicesPrograms $293,002 · Management $30,794 · Fundraising $58,021$381,817
IX-13 Office expensesPrograms $1,103 · Management $205 · Fundraising $164$1,472
IX-14 Information technologyPrograms $33,666 · Management $14,646 · Fundraising $8,929$57,241
IX-17 TravelPrograms $26,421 · Management $1,258 · Fundraising $1,006$28,685
IX-23 InsurancePrograms $646 · Management $294 · Fundraising $235$1,175
IX-24 Other expenses (24a–d)Programs $328,048 · Management $22,655 · Fundraising $21,884$372,587
IX-24e All other expensesPrograms $3,471 · Management $2,215 · Fundraising $972$6,658
IX-25 Total functional expensesPrograms $982,850 · Management $282,734 · Fundraising $150,190$1,415,774
Part X · Balance sheet $790,546 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $612,124$148,640
X-2 Savings and temporary cash investments$514,706
X-3 Pledges and grants receivableStart of year $140,514$115,000
X-9 Prepaid expenses and deferred chargesStart of year $21,783$12,200
X-16 Total assetsStart of year $774,421$790,546
X-17 Accounts payable and accrued expensesStart of year $70,512$42,173
X-19 Deferred revenueStart of year $37,092$50,154
X-25 Other liabilitiesStart of year $8,579$7,234
X-26 Total liabilitiesStart of year $116,183$99,561
X-27 Net assets without donor restrictionsStart of year $658,238$690,985
X-32 Total net assets or fund balancesStart of year $658,238$690,985
X-33 Total liabilities and net assetsStart of year $774,421$790,546
Part XI · Reconciliation of net assets $690,985 net assets at year end
XI-1 Total revenue$1,448,521
XI-2 Total expenses$1,415,774
XI-3 Revenue less expenses$32,747
XI-4 Net assets at start of year$658,238
XI-10 Net assets at end of year$690,985

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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