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Wbec Metro Ny and Greater Dmv Inc

EIN 13-4068968 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood82 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

ADVANCE EQUAL OPPORTUNITIES FOR WOMEN-OWNED BUSINESSES.

Income
$3.2 million
Spending
$3.3 million
Spent on programs
84%
Reserves
8.4 months of spending
Largest source of income
fees for its services, 56%
Employees
18
Highest pay
$286,338, president 20

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 82 out of 100. Higher than 69% of charities in its peer group (education, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.4 months of spending.

  • Debt

    16 of 20

    It owes 19% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    15 of 15

    Income rose 15% on the year before.

  • Spending floor

    15 of 15

    84% of spending went to programs and raising each dollar of donations cost 17 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    25 of 27 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.1 million spent. THE ORGANIZATION ("WBEC NY DMV") HOLDS EDUCATIONAL SEMINARS & WORKSHOPS FOR WOMEN- OWNED BUSINESSES IN THE PRIVATE SECTOR TO PROMOTE THE DEVELOPMENT OF EQUAL OPPORTUNITIES AND NEW MARKETS. EACH YEAR, WBEC NY DMV HOLDS WEEKLY AND MONTHLY EDUCATIONAL SEMINARS & WORKSHOPS IN THE DMV REGION SERVING APPROXIMATELY 3,500 ATTENDEES. WBEC NY DMV ALSO HELD WEEKLY AND MONTHLY SEMINARS/WORKSHOPS IN THE NEW YORK REGION SERVING APPROXIMATELY 4,000 ATTENDEES. THE ORGANIZATION CONTINUED TO OFFER THE SAGE ADVICE PROGRAM, SERVING 25 WOMEN IN START-UP AND YOUNG BUSINESS PHASES WHO NEED TO LEARN SKILLS AROUND BUDGETING, INSURANCE, SALES AND MARKETING, AND BUSINESS PLANNING. THE ORGANIZATION CONTINUED THE AMPLIFY MASTERMIND PROGRAM FOR BLACK OWNED BUSINESES WHO NEED TO LEARN SKILLS AROUND BUDGETING, INSURANCE, SALES AND MARKETING AND BUSINESS PLANNING, THROUGH A CULTURAL LENSE. THE AMPLIFY PROGRAM WAS EXPANDED TO AMPLIFY LATINA FOR LATINA BUSINESS OWNERS. THE ORGANIZATION ALSO OFFERED A PROGRAM INTRODUCING BUSINESS OWNERS TO THE LANGUAGE OF SUSTAINABILITY AND HOW TO DOCUMENT AND COMMUNICATE THEIR EFFORTS AROUND SUSTAINABILITY TO THEIR BUSINESS STAKEHOLDERS. THE ORGANIZATION ALSO OFFERED A VIRTUAL MATCHMAKING PROGRAM FOR BUSINESS OWNERS TO MEET ONE-ON-ONE WITH CORPROATE BUYERS. ALSO OFFERED IS A ONE PAGE BUSINESS PLAN PROGRAM WHERE BUSINESS OWNERS CREATED A ONE PAGE ACTIONABLE PLAN FOR THEIR BUSINESSES THAT THEY COULD SHARE THROUGHOUT THEIR COMPANIES. THE ORGANIZATION ALSO OFFERED A CYBERSECURITY INTENSIVE PROGRAM TO HELP BUSINESS OWNERS ENHANCE THEIR CYBERSECURITY AWARENESS OF POTENTIAL RISKS TO THEIR BUSINESSES, HELP DEVELOP GOOD CYBER HYGIENE BUSINESS PRACTICES, COMPLETE A CYBERSECURITY ASSESSMENT OF THEIR BUSINESS. THE ORGANIZATION ("WBEC NY DMV") HOLDS EDUCATIONAL SEMINARS & WORKSHOPS FOR WOMEN- OWNED BUSINESSES IN THE PRIVATE SECTOR TO PROMOTE THE DEVELOPMENT OF EQUAL OPPORTUNITIES AND NEW MARKETS. EACH YEAR, WBEC NY DMV HOLDS WEEKLY AND MONTHLY EDUCATIONAL SEMINARS & WORKSHOPS IN THE DMV REGION SERVING APPROXIMATELY 3,500 ATTENDEES. WBEC NY DMV ALSO HELD WEEKLY AND MONTHLY SEMINARS/WORKSHOPS IN THE NEW YORK REGION SERVING APPROXIMATELY 4,000 ATTENDEES. THE ORGANIZATION CONTINUED TO OFFER THE SAGE ADVICE PROGRAM, SERVING 25 WOMEN IN START-UP AND YOUNG BUSINESS PHASES WHO NEED TO LEARN SKILLS AROUND BUDGETING, INSURANCE, SALES AND MARKETING, AND BUSINESS PLANNING. THE ORGANIZATION CONTINUED THE AMPLIFY MASTERMIND PROGRAM FOR BLACK OWNED BUSINESES WHO NEED TO LEARN SKILLS AROUND BUDGETING, INSURANCE, SALES AND MARKETING AND BUSINESS PLANNING, THROUGH A CULTURAL LENSE. THE AMPLIFY PROGRAM WAS EXPANDED TO AMPLIFY LATINA FOR LATINA BUSINESS OWNERS. THE ORGANIZATION ALSO OFFERED A PROGRAM INTRODUCING BUSINESS OWNERS TO THE LANGUAGE OF SUSTAINABILITY AND HOW TO DOCUMENT AND COMMUNICATE THEIR EFFORTS AROUND SUSTAINABILITY TO THEIR BUSINESS STAKEHOLDERS. THE ORGANIZATION ALSO OFFERED A VIRTUAL MATCHMAKING PROGRAM FOR BUSINESS OWNERS TO MEET ONE-ON-ONE WITH CORPROATE BUYERS. ALSO OFFERED IS A ONE PAGE BUSINESS PLAN PROGRAM WHERE BUSINESS OWNERS CREATED A ONE PAGE ACTIONABLE PLAN FOR THEIR BUSINESSES THAT THEY COULD SHARE THROUGHOUT THEIR COMPANIES. THE ORGANIZATION ALSO OFFERED A CYBERSECURITY INTENSIVE PROGRAM TO HELP BUSINESS OWNERS ENHANCE THEIR CYBERSECURITY AWARENESS OF POTENTIAL RISKS TO THEIR BUSINESSES, HELP DEVELOP GOOD CYBER HYGIENE BUSINESS PRACTICES, COMPLETE A CYBERSECURITY ASSESSMENT OF THEIR BUSINESS.
  2. $1.1 million spent. THE ORGANIZATION CERTIFIES WOMEN-OWNED BUSINESSES WHICH IS INTENDED TO INCREASE OPPORTUNITIES AND LEVEL THE PLAYING FIELD FOR WOMEN-OWNED BUSINESSES. IN 2024, THE ORGANIZATION PROCESSED OVER 3,000 APPLICATIONS AND RENEWALS FOR CERTIFICATION IN THE NEW YORK AND DMV REGIONS.
  3. $552,451 spent. THE ORGANIZATION PARTICIPATES IN VARIOUS PUBLIC SEMINARS AND CONFERENCES BY PROVIDING PROFESSIONAL SPEAKERS TO EDUCATE WOMEN- OWNED BUSINESSES ABOUT EQUAL OPPORTUNITIES AND CONNECTING WOMENS BUSINESS ENTERPRISES WITH SUCH OPPORTUNITIES IN THE PRIVATE AND PUBLIC SECTORS. OUTREACH PROGRAMS REACH OVER 6,700 PEOPLE DURING THE YEAR. IN BOTH TERRITORIES, THE CERTIFICATION MANAGERS ALSO PARTICIPATE IN OTHER OUTREACH PROGRAMS. THE ORGANIZATION PUBLISHES MONTHLY BULLETINS TO EDUCATE WOMEN-OWNED BUSINESSES ABOUT INCREASING THEIR OPPORTUNITIES, CIRCULATION IS APPROXIMATELY 5,800.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 1999.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.