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Washington, D.C. · Nonprofit

WEConnect International Inc

WEConnect International Inc (Washington, D.C.) receives grants from 8 organizations whose IRS filings report $1,535,537 to it, the largest being THE MOODYS FOUNDATION ($1,208,000). 5 of them have funded it in more than one year.

Revenue FY2024
$7.1M
Funders on record
8
Grants received
$1.5M
Net assets
$2.6M
5/8 repeat funderspeak grant-dependency 7%
01What it does

What WEConnect International Inc does

Mission

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.

As stated on its FY2024 Form 990.

Programs

  1. 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 opportunities.

    $1,341,923 spent$756,925 earned by the program
    29% of program spending

  2. 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.

    $1,219,117 spent
    26% of program spending

  3. 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.

    $694,367 spent
    15% of program spending

  4. Supplier engagement and development: strengthen a member buyer's internal support and understanding of the business case for sourcing products and services from women-owned businesses offering the best total value, including supplier engagement and supplier development; best practices; and overall awareness.

    $594,432 spent
    13% of program spending

  5. Strategic Research: Collect baseline data on women business owners in target markets and identify key stakeholders that could serve as potential suppliers or partners to member buyers. Collect data on business opportunities for women-owned businesses in a specific market, sector, industry, or topic.

    $452,138 spent
    10% of program spending

  6. Certification: The Seal of Certification is a formal guarantee to corporations that they are purchasing goods and/or services from a women-owned business that meets the universal standard for a women's business enterprises. The top criteria considered are ownership,management & control, contribution of capital & expertise, and independence. Businesses that meet this criteria can also self-register with WeConnect International for free.

    $399,185 spent$261,030 earned by the program
    8% of program spending

  7. Membership: weconnect international provides member buyers with the global databaseand resources required to develop a global value chain that maximizes product and service options. Weconnect international member buyers share similar values and seek to build pipelines of competitive suppliers and sustainable communities through their purchasing power.

    $2,966,325 earned by the program

The 7 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $4,701,162.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.6M) Expenses 100 ($2.2M) Net assets 100 ($211k)2018 Revenue 124 ($3.2M) Expenses 130 ($2.9M) Net assets 233 ($491k)2019 Revenue 150 ($3.9M) Expenses 161 ($3.6M) Net assets 354 ($746k)2020 Revenue 160 ($4.1M) Expenses 179 ($4.0M) Net assets 399 ($842k)2021 Revenue 281 ($7.2M) Expenses 249 ($5.6M) Net assets 1193 ($2.5M)2022 Revenue 332 ($8.5M) Expenses 351 ($7.9M) Net assets 1521 ($3.2M)2023 Revenue 289 ($7.4M) Expenses 348 ($7.8M) Net assets 1356 ($2.9M)2024 Revenue 277 ($7.1M) Expenses 346 ($7.7M) Net assets 1253 ($2.6M)
'17'18'19'20'21'22'23'24
Revenue (277)Expenses (346)Net assets (1253)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.7M to $3.3M (+93%).

$627k
$1.1M
$1.7M
$3.3M
$4.1M
$4.5M
$4.4M
$3.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2021 27% · 2022 18% · 2023 4% · 2024 10%. Grants only. Government contracts and fees sit inside program revenue.

48% of WEConnect International Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (97% for the typical peer).

This organization
Typical peer · 1,680 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$338k
’17
$281k
’18
$255k
’19
$95k
’20
$1.7M
’21
$692k
’22
−$347k
’23
−$613k
’24
4.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Denise Naguib

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24
Listed2121222224252738
Joined·+10+5+6+8+5+12+13
No longer listed·104664102
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $10k → $553k.

Funder
'18
'19
'20
'22
'23
'24*
'25*
'26*
total
funders
1
1
1
2
3
4
1
1

4 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WEConnect International Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WEConnect International Inc leans on a few funders — its largest provides 79% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

79%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2022 100% · 2023 82% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

75% of WEConnect International Inc's funders are still giving 1 year after their first grant; 63% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

WEConnect International Inc draws 98% of its grant income from funders outside Washington, D.C., across 4 states in all.

NY
AR
DC
TX

In-state vs out-of-state, by year

’18
’19
’20
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $207k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WEConnect International Inc is better cushioned than half of the 1,608 international nonprofits its size.

Operating margin−9% · bottom quartile
Months of reserve4.2mo · above the median
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 1,608 international nonprofits $1M–$10M, FY2024

Government funding WEConnect International Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.2M on record.

Federal$6.2M
grants $6.2Mcontracts $0
17
18
19
20
23
24
Top agencies
  • Agency for International Development$3.6M
  • Department of State$2.5M
  • Millennium Challenge Corporation$55k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like WEConnect International Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Women's Business Enterprise National Council82%Women Business Collaborative81%Women in International Security78%International Women's Forum Inc78%Association of Women's Business Centers78%World Council of Credit Unions Inc78%Women Enabled International77%National Association of Women Business Owners77%

Nationally

Women's Business Enterprise National Council82%Women's Business Enterprise Center East82%Women Business Enterprise Council South82%Women Business Collaborative81%Women in Electronics81%W Connection Inc80%Women's Business Council - Southwest80%Stichting to Promote Women's World Banking80%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 10%Fundraising 12%

Governance

18
board members
94%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for WEConnect International Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WEConnect International Inc?
WEConnect International Inc (Washington, D.C.) receives grants from 8 organizations whose IRS filings report $1,535,537 to it, the largest being THE MOODYS FOUNDATION ($1,208,000). 5 of them have funded it in more than one year.
How many funders does WEConnect International Inc have?
IRS filings report 8 organizations giving $1,535,537 in grants to WEConnect International Inc, 5 of which have funded it in more than one year.
Who is the largest funder of WEConnect International Inc?
THE MOODYS FOUNDATION is the largest funder on record, with $1,208,000 in grants. The full list of funders is on this page.
How can an organization like WEConnect International Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds WEConnect International →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing