Executive Women International Business Career Development Program

Rated Program

Program

Executive Women International Scholarship Program (EWISP) and Adult Students in Scholastic Transition (ASIST)

Activities

Executive Women International Business Career Development Program grants scholarships to beneficiaries.

Program Type

Postsecondary Scholarships

Beneficiaries Served

People living in poverty

Geography

Oconomowoc, WI

Outcomes

Outcome Metric

Increase in income for a scholarship recipient

Data Source

Output data collected during the program. Executive Women International Business Career Development Program publicly reports data on the dollar value of all scholarships it grants and the number of scholarship recipients, which we use to calculate the additional income that the nonprofit's scholarship program generates.

Time Period of Data

Oct. 1, 2016, to Sept. 30, 2017

Method for Attributing Outcomes

We estimate the increase in income caused by a nonprofit's scholarship program in two steps. First, we compare the estimated postsecondary graduation rate of its scholars to that of comparable students who did not receive a scholarship (the “counterfactual”). Our estimates are drawn from rigorous social science studies of similar scholarship programs. The result is the number of scholars whose graduation was caused by the nonprofit. Second, we compare the earnings of graduates to non-graduates based on publicly available census data, matching on student demographic characteristics. We apply the earnings boost owing to a degree to those scholars whose graduation was caused by the nonprofit. Both steps are necessary to properly net out counterfactual successes from observed successes. Otherwise, we would be attributing changes (increase in graduation rate and increase in earnings) to the nonprofit when they would have happened anyway. Few nonprofits estimate the counterfactual themselves, so we construct our own counterfactual estimate based on research and publicly available data.

Cost

Data Source

Cost data reported by Executive Women International Business Career Development Program and data and assumptions about partner and beneficiary costs.

Cost Calculation

$803,347 program costs + $1,415,637 partner costs + $1,415,637 beneficiary costs = $3,634,621 total costs

Impact

Impact Calculation

$3,634,621 total costs / $16,701,224 additional income = roughly $800 increases income for a scholarship recipient in need by $4000.

Numbers may not divide precisely due to rounding and time discounting.

Rating

Benchmark for Rating

Impact ratings of postsecondary scholarship programs are based on income generated relative to cost. Programs receive 5 stars if they increase income for a recipient by more than $1.50 for every $1 spent and 4 stars if income increases by more than $0.85 for every $1 spent. If a nonprofit reports impact but doesn't meet the benchmark for cost-effectiveness, it earns 3 stars.

Determination

The nonprofit increases income for a scholarship recipient by more than $1.50 for every $1 spent.

Why We Could Be Wrong

We welcome your suggestions for improving our methodology. Our methodology section includes explanations of how we mitigate these issues.

• The outcome could oversimplify total impact. Using “increased income” as the metric of analysis may not intuitively convey the potential downstream benefits of receiving a scholarship, such as reduced financial stress. Additionally, our methodology may simplify the differing effects a scholarship has on different populations, such as refugees or people with illnesses.
• There could be multiple important outcomes not captured in our analysis.
• Executive Women International Business Career Development Program may be spending additional money in order to serve harder-to-reach and/or particularly valuable populations.
• In the absence of better data, we assume uniform counterfactual rates for programs, at the risk of masking variation across nonprofits.
• Our estimates rely on data made public by Executive Women International Business Career Development Program on its website, annual reports, financial statements and Form 990s.
• We only analyze programs that meet our criteria. As a result, this report may not fully reflect the impact of Executive Women International Business Career Development Program.
• We do not assess what explains the nonprofit's cost-effectiveness.

Nonprofit Comment

Not provided. This may be because we lacked contact information for Executive Women International Business Career Development Program or it chose not to comment. If you are a representative of this nonprofit, contact us to review and comment on your rating.

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Analysis Details

Analysis conducted by ImpactMatters and published on November 22, 2019.

An ImpactMatters analyst searched the Form 990s, annual reports, audited financials and the website of Executive Women International Business Career Development Program to calculate impact and rate cost-effectiveness. A second analyst conducted quality control.

We welcome corrections. If you are interested in exploring applications of ImpactMatters data, contact us at partnerships@impactmatters.org.