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Hannah Grimes Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020519934 ✦ Keene, NH ✦ Designated as a 501(c)(3)

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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: $110,585
Professional Fundraising Fees: $0
Other Salaries and Wages: $265,550

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

What is the revenue of Hannah Grimes Center?

Hannah Grimes Center's revenue in 2023 was $1,338,083.


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 2023 was $41,793. There are 9 employees and 30 volunteers at Hannah Grimes Center.

Here are 11 key members and their salaries:


Alana Fiero (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Fitzgerald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Houston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Hansel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Eschle (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Walter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Maslansky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sayles (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randyn Markelon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Kristiansen (Executive Director)
  • Compensation: $98,643
  • Related: $0
  • Other: $11,924


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 2023 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.

Revenue
$1,338,083 (2023)
Expenses
$1,205,489 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,601
  • Program Service Revenue: $390,148
  • Gross Receipts: $1,338,083

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 SERVICES

Revenue

$201,167

KYPN PROGRAM

Revenue

$108,824

RADICALLY RURAL

Revenue

$80,157

Organization Details

Founding Year

2001

Principal Officer

Peter Hansel

NTEE Category

Code: B99 - Education

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