PLATINUM2024

50/50 WOMEN ON BOARDS

Accelerating gender balance and diversity on boards

Los Angeles, CA   |  www.5050wob.com
GuideStar Charity Check

50/50 WOMEN ON BOARDS

EIN: 27-3272688


Mission

50/50 Women on Boards is committed to accelerating gender balance and diversity on boards of the Russell 3000 Index companies, with women holding 50% of all of the corporate board seats, and women of color holding at least 20% of all of the corporate board positions. We educate, advocate and collaborate to increase the number of women on corporate boards and drive the business imperative for corporate action. More than 80% of our funds support our research, programs, and public awareness campaigns that enable us to Educate, Advocate, and Collaborate with organizations like yours, to positively impact boardroom diversity.

Notes from the nonprofit

In 2010 we launched 2020 Women on Boards, now 50/50 Women on Boards™, to educate women on how to advance and purse board positions, advocating for change by transparently tracking the progress of women on our Gender Diversity Index Directory, and by collaborating with corporations and action groups committed to advancing women. We share a mutual desire to ignite meaningful change across all corporate leadership levels and bring attention to the business imperative of diverse boards.

Ruling year info

2011

CEO

Heather Spilsbury

Main address

PO Box 861958

Los Angeles, CA 90086 USA

Show more contact info

EIN

27-3272688

Subject area info

Women's rights

Population served info

Adults

Women and girls

NTEE code info

Women's Rights (R24)

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

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?

The Global Conversation on Board Diversity

Every Year, we host The Global Conversation on Board Diversity™, followed by a series of 23 City Conversation events worldwide to encourage public discourse on the best practices for boardroom diversity and strategies for women to become board-ready.

Population(s) Served
Adults

The Gender Diversity Directory is an online resource of more than 3,000 public and private companies' board composition. The Gender Diversity Directory may be searched by company name, state, sector, rating. 50/50 Women on Boards congratulates companies for achieving gender balance on their boards encourages companies that don't to do better.

Population(s) Served

The 50/50 Women on Boards Gender Diversity Index is a quarterly analysis the gender composition of corporate boards on the Russell 3000 Index.

Population(s) Served
Adults

Our online and interactive Get on Board! Workshop develops the skills needed to serve on a public or private board. During the session women work with high-performing board members and build a roadmap for effective board service. Learn how board searches works, how to communicate your unique value and how to craft a board profile. In two afternoon sessions, build confidence and practice promoting yourself as a highly qualified board candidate among a diverse and supportive group of like-minded executive women.

Population(s) Served
Women and girls

Our online and interactive Board Fundamentals Workshop empowers women with the knowledge to start their board journey. During the session women learn board basics and how they operate. Understand the search process, required skillsets and obligations of board service. The interactive online course helps develop the intention for serving on a board and learn how to increase industry visibility.

Population(s) Served
Adults
Adults

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 participants attending course/session/workshop

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women, Bisexuals, Intersex people, Lesbians, Transgender people

Related Program

Get on Board! Workshop

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

2023-Includes Get on Board, Board Fundamentals, and Digital Presence

Number of press articles published

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Ethnic and racial groups, Academics, Activists, Self-employed people

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of conferences held

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Ethnic and racial groups, Activists, Domestic workers, Self-employed people

Related Program

The Global Conversation on Board Diversity

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of conference attendees

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Ethnic and racial groups, Researchers, Domestic workers, Self-employed people

Related Program

The Global Conversation on Board Diversity

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of people on the organization's email list

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Ethnic and racial groups, Self-employed people, Domestic workers, Activists

Type of Metric

Other - describing something else

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Educate women on how to advance at every stage in their career
Create alumni groups for further networking.
Share research and insights on why gender balance and diversity are business imperatives.
Transparently track the progress of publicly traded companies' board composition.
Build a network of women and men who share our mutual desire to advance change.
Collaborate and partner with other like-minded organizations to make an impact.

50/50 Women on Boards is committed to accelerating gender balance and diversity on boards of the Russell 3000 Index companies, with women holding 50% of all of the corporate board seats, and women of color holding at least 20% of all of the corporate board positions.

As data is made available by race and ethnicity or if disclosure is required by the U.S. Securities and Exchange Commission, we are committed to disaggregating the data to report by Latinx, Black, Asian Pacific Islander, Indigenous, and Middle Eastern women.

To encourage change, we continue to educate and advocate for women, including women of color and collaborate with corporations and like-minded organizations to advance this goal. But there is no easy road to get there. In support, we start by asking for change at the corporate level. We also host public awareness campaigns and events that provide our audiences with implementation strategies for how to make an impact.

Develop educational workshops such as Path to the Boardroom and Get on Board that provide women in the early, mid, and senior-level careers to pursue a board position.

Track the progress of women and the board composition of publicly-traded companies on our proprietary 50/50 Women on Boards Gender Diversity Index.

Host The Global Conversation on Board Diversity that kicks off 32 city/state events worldwide to discuss how we can all make an impact.

Lead year-round conversations and speaking engagements with partners on the business imperative of gender balance and diverse boards.

Our programs directors and speakers are more diverse, enabling a more inclusive conversation for women and women of color at every stage in their career, which is imperative for ensuring that all women advance and achieving gender balance and diversity on boards.

Our research shifted from quarterly to annual so we can report current progress. We are also encouraging directors to self-identify to report on boards' racial composition and advance change.

In 2020, we had more than 7000 registrants, 186 sponsors, 146 VIP Panelists, and more than 400 Director Coaches participate in The Global Conversation on Board Diversity. In 2021m we hope to attract 10,000 registrants and increase awareness of the business imperative of gender balance and diversity on boards.

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 demonstrated a willingness to learn more by reviewing resources about feedback practice.
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 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 tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    Staff find it hard to prioritize feedback collection and review due to lack of time, It is hard to come up with good questions to ask people

Financials

50/50 WOMEN ON BOARDS
Fiscal year: Jan 01 - Dec 31

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

15.21

Average of 7.28 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

19.1

Average of 9 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

8%

Average of 8% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

50/50 WOMEN ON BOARDS

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

50/50 WOMEN ON BOARDS

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

50/50 WOMEN ON BOARDS

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of 50/50 WOMEN ON BOARDS’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 2017 2018 2019 2020 2022
Unrestricted surplus (deficit) before depreciation $48,099 $362,733 $295,808 $436,345 -$92,245
As % of expenses 12.5% 103.8% 39.5% 42.2% -8.2%
Unrestricted surplus (deficit) after depreciation $48,099 $361,383 $290,408 $430,945 -$99,174
As % of expenses 12.5% 103.0% 38.5% 41.4% -8.8%
Revenue composition info
Total revenue (unrestricted & restricted) $449,229 $614,502 $1,045,196 $1,471,452 $1,033,054
Total revenue, % change over prior year 27.2% 36.8% 70.1% 40.8% 0.0%
Program services revenue 34.7% 12.8% 7.2% 12.1% 11.9%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 65.3% 87.2% 92.8% 87.9% 88.1%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $383,794 $349,370 $749,388 $1,035,107 $1,125,299
Total expenses, % change over prior year 55.0% -9.0% 114.5% 38.1% 0.0%
Personnel 43.0% 65.4% 46.8% 46.5% 71.2%
Professional fees 10.6% 8.4% 11.7% 23.5% 21.4%
Occupancy 0.0% 5.2% 3.1% 1.4% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 46.4% 21.1% 38.4% 28.6% 7.4%
Full cost components (estimated) info 2017 2018 2019 2020 2022
Total expenses (after depreciation) $383,794 $350,720 $754,788 $1,040,507 $1,132,228
One month of savings $31,983 $29,114 $62,449 $86,259 $93,775
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $32,400 $0 $0 $28,065
Total full costs (estimated) $415,777 $412,234 $817,237 $1,126,766 $1,254,068

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2022
Months of cash 5.3 14.8 16.8 16.8 19.1
Months of cash and investments 5.3 14.8 16.8 16.8 19.1
Months of estimated liquid unrestricted net assets 3.8 15.5 12.0 13.7 18.4
Balance sheet composition info 2017 2018 2019 2020 2022
Cash $170,072 $431,615 $1,047,440 $1,446,945 $1,787,004
Investments $0 $0 $0 $0 $0
Receivables $97,601 $151,231 $67,779 $67,083 $51,568
Gross land, buildings, equipment (LBE) $0 $32,400 $32,400 $32,400 $60,465
Accumulated depreciation (as a % of LBE) 0.0% 4.2% 20.8% 37.5% 40.5%
Liabilities (as a % of assets) 18.5% 21.6% 32.3% 22.3% 6.4%
Unrestricted net assets $121,479 $482,862 $773,270 $1,204,215 $1,763,092
Temporarily restricted net assets $97,601 $0 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $97,601 $0 $0 $0 $0
Total net assets $219,080 $482,862 $773,270 $1,204,215 $1,763,092

Key data checks

Key data checks info 2017 2018 2019 2020 2022
Material data errors No No No No No

Operations

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

Documents
Form 1023/1024 is not available for this organization

CEO

Heather Spilsbury

Heather Spilsbury is the CEO for 50/50 Women on Boards with a dual focus on building the campaigns growth initiatives and developing its global brand efforts to inform and convert audiences into advocates and partner with like-minded organizations to increase profit and productivity. As an accomplished creative marketing strategist and business development executive, Heather collaborates with the organizations stakeholders to create content-rich research and multichannel programs. She is also an advisory board member for HPRLA and UC Riverside. Formerly, Heather was the VP of Marketing and Strategy at a creative agency in Los Angeles. She grew the agency from $3MM to $26MM in EBITDA and established and oversaw the agencys marketing division.

Number of employees

Source: IRS Form 990

50/50 WOMEN ON BOARDS

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.

50/50 WOMEN ON BOARDS

Board of directors
as of 05/21/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Stephanie Sonnabend

Malli Gero

Tracey Doi

Toyota

Robin Ferracone

Renee Fraser

Fraser Communications

Julie Hill

Jan Jones Blackhurst

Herman E Bulls

JLL

Maria Rivas

EMD SERONO, INC

Betsy Berkhemer-Credaire

Michael Fraccaro

Mastercard

Denise R Singleton

WestRock Company

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? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 5/21/2024

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
Hispanic/Latino/Latina/Latinx
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

No data

Equity strategies

Last updated: 08/04/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser