PLATINUM2023

WOMEN IN BIO INC

Engage. Educate. Empower.

Pittburgh, PA   |  www.womeninbio.org
GuideStar Charity Check

WOMEN IN BIO INC

EIN: 03-0458239


Mission

Women In Bio is an organization of professionals committed to promoting careers, leadership, and entrepreneurship of women in the life sciences.

Ruling year info

2003

Executive Director

Gina Ford

Main address

PO Box 9700

Pittburgh, PA 15227 USA

Show more contact info

EIN

03-0458239

Subject area info

Adult education

Science

Population served info

Children and youth

Adults

Women and girls

NTEE code info

Professional Societies, Associations (U03)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Affiliations

See related organizations info

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Mentors, Advisors, Peers (MAPs)

MAPs (Mentors, Advisors, Peers) groups are informal meetings of six to ten women who have an interest in discussing topics of common professional interest.

Our program strives to bring together people of different career stages, paths and backgrounds in a professional yet social atmosphere. Members enjoy the program for the diversity of experiences and share their viewpoints and advice on topics ranging from personal challenges to professional goals.

Population(s) Served
Adults
Women and girls

YWIB is a special initiative of WIB, designed to introduce school girls to careers in science, technology, engineering and math (STEM).

YWIB creates programs and events geared towards encouraging middle- and high-school girls to consider the life sciences as a career choice. The events ignite girls’ curiosity in biotechnology while nurturing a business and entrepreneurial spirit.

Population(s) Served
Children and youth
Women and girls

Our Boardroom Ready Program aims to help executive women achieve their goal of corporate board service. We prepare exceptionally qualified WIB members for board service by providing a board certification training, and assistance seeking public and private corporate board opportunities.

Population(s) Served
Women and girls

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of rallies/events/conferences/lectures held to further mission

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

217 chapter events with over 6,500 attendees

Goals & Strategy

SOURCE: Self-reported by organization

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?

    We don’t have the right technology to collect and aggregate feedback efficiently

Financials

WOMEN IN BIO INC
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 Women In Bio
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

2.91

Average of 61.09 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

10.6

Average of 8.7 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

9%

Average of 3% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

WOMEN IN BIO INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

WOMEN IN BIO INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

WOMEN IN BIO INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of WOMEN IN BIO INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $91,662 $107,803 -$150,941 $386,591 $42,380
As % of expenses 15.1% 15.3% -18.5% 44.6% 3.4%
Unrestricted surplus (deficit) after depreciation $90,912 $106,882 -$153,527 $382,963 $38,769
As % of expenses 14.9% 15.1% -18.7% 44.0% 3.1%
Revenue composition info
Total revenue (unrestricted & restricted) $699,132 $813,347 $828,204 $1,239,414 $1,240,839
Total revenue, % change over prior year 4.9% 16.3% 1.8% 49.7% 0.1%
Program services revenue 99.1% 99.0% 34.4% 33.8% 49.2%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.2% 0.0% 0.4%
Government grants 0.0% 0.0% 0.0% 25.6% 0.0%
All other grants and contributions 0.4% 0.4% 64.1% 39.2% 48.9%
Other revenue 0.5% 0.6% 1.3% 1.5% 1.5%
Expense composition info
Total expenses before depreciation $607,470 $705,544 $816,971 $867,244 $1,236,383
Total expenses, % change over prior year 7.5% 16.1% 15.8% 6.2% 42.6%
Personnel 7.3% 39.6% 62.0% 62.8% 45.8%
Professional fees 41.5% 14.6% 14.9% 15.5% 13.5%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.3% 0.5% 0.3%
Pass-through 0.7% 0.9% 1.8% 1.5% 1.2%
All other expenses 50.5% 45.0% 20.9% 19.8% 39.1%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $608,220 $706,465 $819,557 $870,872 $1,239,994
One month of savings $50,623 $58,795 $68,081 $72,270 $103,032
Debt principal payment $0 $0 $0 $7,000 $0
Fixed asset additions $2,096 $2,054 $6,519 $0 $0
Total full costs (estimated) $660,939 $767,314 $894,157 $950,142 $1,343,026

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 9.8 10.3 11.5 13.1 10.6
Months of cash and investments 9.8 10.3 11.5 13.1 10.6
Months of estimated liquid unrestricted net assets 9.8 10.2 6.6 11.6 8.5
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $497,582 $604,498 $779,577 $949,821 $1,091,675
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $69,572 $238,120 $198,317
Gross land, buildings, equipment (LBE) $9,876 $11,929 $18,449 $19,951 $20,640
Accumulated depreciation (as a % of LBE) 76.9% 71.4% 60.2% 71.9% 82.8%
Liabilities (as a % of assets) 0.3% 0.5% 40.4% 27.2% 33.3%
Unrestricted net assets $498,741 $605,623 $452,096 $835,059 $873,828
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $68,500 $54,079 $16,155
Total net assets $498,741 $605,623 $520,596 $889,138 $889,983

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Gina Ford

Number of employees

Source: IRS Form 990

WOMEN IN BIO INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

WOMEN IN BIO INC

Board of directors
as of 10/25/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Azurii Collier

Abbvie

Term: 2023 - 2023

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 10/25/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data