Overview
What is Hannah Grimes Center?
The Hannah Grimes Center, situated at 25 Roxbury Street 104, Keene, New Hampshire 03431, is a dedicated nonprofit organization. Its primary mission is to empower small businesses in the Monadnock region of New Hampshire by offering training, support services, and resources. The center provides various educational programs, workshops, and projects to foster business growth and development. By pooling resources and offering low-cost workspace, the Hannah Grimes Center helps reduce high overhead costs, thereby facilitating the successful launch of new businesses. With a team of 10 individuals, this organization serves as a vital hub for innovative entrepreneurs, providing them with the necessary tools, connections, and infrastructure to establish robust businesses, stimulate local economies, and cultivate thriving communities in the Monadnock region.
Official website here: www.hannahgrimes.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Hannah Grimes Center has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. This high score is rooted in a robust governance structure, with a fully independent board, and effective oversight measures that underscore its commitment to transparency. The organization demonstrates fiscal responsibility, with a high program expense ratio of 87.71%, indicating that the majority of its resources are directed towards its mission.
Strengths noted include a complete conflict of interest policy and a well-documented board meeting process, which contributes to its overall governance effectiveness. The absence of material diversions of assets further assures stakeholders that the organization maintains integrity in its financial dealings. However, it is important to note that the center lacks a whistleblower policy, which could be a potential area for improvement in their governance practices.
Overall, the Hannah Grimes Center stands out for its strong financial management and transparency, earning the trust of its donors and community. While there are minor areas for enhancement, the organization's overall operational integrity and focus on its mission are clear strengths that contribute to its positive reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Hannah Grimes Center legitimate?
Hannah Grimes Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hannah Grimes Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $111,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $273,802
For more financial information, click here
Official website here: www.hannahgrimes.com
What is the mission statement of Hannah Grimes Center?
The Hannah Grimes Center for Entrepreneurship is dedicated to supporting innovative entrepreneurs by providing them with the necessary resources, including space, tools, and connections. This organization aims to help build robust businesses, foster thriving local economies, and contribute to vibrant communities. The center offers training and support services, such as courses, programs, workshops, and projects, to promote education and infrastructure for small businesses in the region. By pooling resources and offering low-cost space, the Hannah Grimes Center aims to increase the number of successful business start-ups, thereby contributing to the region's economic growth.
Official website here: www.hannahgrimes.com
Who is the CEO of Hannah Grimes Center?
David Sayles is the Director of Hannah Grimes Center.
Official website here: www.hannahgrimes.com
What is the revenue of Hannah Grimes Center?
Hannah Grimes Center's revenue in 2022 was $893,273.
Official website here: www.hannahgrimes.com
Who are the executives of Hannah Grimes Center and what are their salaries?
The average compensation at Hannah Grimes Center during 2022 was $38,483. There are 10 employees at Hannah Grimes Center.
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- Compensation: $111,027
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Official website here: www.hannahgrimes.com
Where can I find the form 990 for Hannah Grimes Center?
Hannah Grimes Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hannahgrimes.com
Learn more at the official website: www.hannahgrimes.com
Mission Statement of Hannah Grimes Center
The Hannah Grimes Center, a nonprofit organization, is dedicated to empowering innovative entrepreneurs by providing them with the necessary resources, tools, and connections to establish robust businesses, foster thriving local economies, and cultivate vibrant communities. Its mission is to offer training and support services to small businesses in the Monadnock region of New Hampshire. The center achieves this by offering various educational programs, workshops, and projects. These initiatives promote education and infrastructure for local businesses, thereby reducing overhead costs for new ventures by pooling resources and offering affordable workspace. This strategy increases the likelihood of successful business start-ups in the Monadnock region, ultimately contributing to a stronger and more vibrant community.
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Impact
July, 2024
The Hannah Grimes Center plays a pivotal role in fostering entrepreneurship and economic development in the Monadnock Region of New Hampshire. By providing essential resources, training, and support to local small businesses, the Center empowers innovative entrepreneurs to succeed, thus contributing to the growth of a robust business community. Through its diverse range of programs, workshops, and affordable spaces, the Center facilitates the establishment and sustainability of new businesses, ultimately enhancing the economic vitality and vibrancy of the region.
This information is meant to be a general summary of Hannah Grimes Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,150
- Program Service Revenue: $313,191
- Gross Receipts: $893,273
Assets and Liabilities:
- Total Assets: $2,337,341
- Total Liabilities: $45,210
- Net Assets: $2,292,131
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM SERVICE
Revenue
$107,503
RADICALLY RURAL
Revenue
$103,612
KYPN PROGRAM
Revenue
$102,076
Organization Details
Founding Year
2001
Phone
(603) 352-5063Principal Officer
David Sayles
Main Address
25 ROXBURY STREET 104, KEENE, NH, 03431
Website
www.hannahgrimes.comNTEE Category
Code: B99 - Education
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