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Duplessy Foundation

Non-Profit

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

EIN: 141956724 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Duplessy Foundation?

The Duplessy Foundation, based in Boston, Massachusetts, is a dedicated nonprofit organization with a mission to empower women, immigrants, and minorities in business. They achieve this by offering sales coaching and training through various programs. Monthly workshops, offered in collaboration with Community Development Financial Institutions, are free and provide business owners with valuable insights into sales strategy and process. The Sales Accelerator Program, a 12-week initiative, provides a platform for diverse entrepreneurs to learn fundamental sales skills, including crafting an ideal customer profile, sales offer, sales channel, and conversation method. The ultimate goal of the Duplessy Foundation is to assist these business owners in reaching an annual revenue of $1M by 2040. With a small team of dedicated professionals, the foundation is committed to making a significant impact in the lives of these entrepreneurs.


Official website here: www.duplessy.org

Is Duplessy Foundation legitimate?

Duplessy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Duplessy Foundation 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.duplessy.org

What is the mission statement of Duplessy Foundation?

The Duplessy Foundation's mission, as stated, is to offer sales training to women, immigrants, and minority business owners. Their goal is to assist these entrepreneurs in enhancing their sales processes, aiming to help them reach an annual revenue of $1M by 2040. They accomplish this through various activities such as monthly workshops, a 12-week Sales Accelerator Program, and sales coaching sessions. These initiatives focus on developing essential sales skills like strategy formulation, customer profiling, and conversation methods.


Official website here: www.duplessy.org

Who is the CEO of Duplessy Foundation?

Derrick Duplessy is the Founder/Ceo of Duplessy Foundation. The CEO's salary of Duplessy Foundation is $42,500 and their total compensation is $42,500.


Official website here: www.duplessy.org

What is the revenue of Duplessy Foundation?

Duplessy Foundation's revenue in 2022 was $25,899.


Official website here: www.duplessy.org

Who are the executives of Duplessy Foundation and what are their salaries?

The average compensation at Duplessy Foundation during 2022 was $45,000. There is 1 employee at Duplessy Foundation.


There is 1 key member and their salary:


Derrick Duplessy (Founder/Ceo)
  • Compensation: $42,500
  • Related: $0
  • Other: $0


Official website here: www.duplessy.org

Where can I find the form 990 for Duplessy Foundation?

Duplessy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.duplessy.org

Learn more at the official website: www.duplessy.org

Mission Statement of Duplessy Foundation

The Duplessy Foundation, a nonprofit organization, is committed to fulfilling a mission that aims to empower women, immigrants, and minority business owners. This mission is centered around providing them with the necessary sales training and support to enable them to reach an annual revenue of $1 million by the year 2040. The foundation achieves this goal through various initiatives, including monthly sales workshops and a 12-week Sales Accelerator Program. During these programs, volunteer sales professionals work closely with the business owners, helping them develop their sales strategy and process. The Duplessy Foundation's mission is not just about teaching sales skills but about enabling these entrepreneurs to thrive and succeed in their businesses.

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Impact




August, 2024

The Duplessy Foundation is empowering women, immigrant, and minority business owners in Boston, MA to achieve their target revenue goals through sales training programs. By providing free monthly sales workshops and a 12-week Sales Accelerator Program, the foundation is equipping diverse entrepreneurs with essential sales skills and strategies. Their mission to support these individuals in reaching $1M per year in revenue by 2040 demonstrates a commitment to creating economic opportunities and empowerment. The foundation's impact is evident in the increased sales knowledge and capabilities of the participants, leading to potential growth in their businesses and employment opportunities within their communities.




This information is meant to be a general summary of Duplessy Foundation. 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
$25,899 (2022)
Expenses
$91,478 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $25,899

Assets and Liabilities:

  • Total Assets: $3,309
  • Total Liabilities: $2,737
  • Net Assets: $572

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Organization Details

Founding Year

2009

Principal Officer

Derrick Duplessy

Main Address

derrickduplessyorg, Boston, MA, 02109

NTEE Category

Code: J02 - Employment

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