Overview
What is Governor Bob Orr Indiana Entrepreneurial Fellowship Inc?
Governor Bob Orr Indiana Entrepreneurial Fellowship Inc is a nonprofit organization based in Indianapolis, Indiana. Their primary mission is to cultivate the next generation of business leaders and entrepreneurs. In 2022, they conducted recruitment drives at over 26 colleges and universities, attracting 656 qualified candidates. After a rigorous selection process, they extended job offers to 64 candidates, with an additional 41 individuals being considered for future fellowship classes. The fellowship, with a team of 7 employees, aims to equip these individuals with the necessary skills to excel in the entrepreneurial and business world.
Official website here: www.orrfellowship.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating
Governor Bob Orr Indiana Entrepreneurial Fellowship Inc has received a Two-Star rating from Charity Navigator, indicating some areas of concern in its accountability and financial practices. While the organization demonstrates strong governance with a majority of independent board members and solid financial ratios, it lacks essential policies, including a conflict of interest policy, whistleblower policy, and a document retention policy.
The organization excels in its program expenses, allocating a significant 77.51% of its budget to its programs, which signifies a commitment to its mission of supporting entrepreneurship in Indiana. Its low liabilities to assets ratio further reflects sound financial management. However, the absence of critical policies could pose risks regarding transparency and governance.
Overall, while the organization shows strong financial health and governance structure, the missing policies indicate a need for improvement in accountability practices. Enhancing these aspects may help the organization achieve a higher rating in the future and strengthen trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Governor Bob Orr Indiana Entrepreneurial Fellowship Inc legitimate?
Governor Bob Orr Indiana Entrepreneurial Fellowship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Governor Bob Orr Indiana Entrepreneurial Fellowship Inc 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: $179,528
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,146
For more financial information, click here
Official website here: www.orrfellowship.org
What is the mission statement of Governor Bob Orr Indiana Entrepreneurial Fellowship Inc?
Governor Bob Orr Indiana Entrepreneurial Fellowship Inc's mission is centered around nurturing the upcoming generation of business leaders and entrepreneurs. Their primary objective is to recruit and develop talented individuals, preparing them for leadership roles in the business world. In 2022, they expanded their reach by recruiting candidates both in-person and virtually at over 26 colleges and universities. The fellowship attracted a substantial number of qualified candidates, with 656 individuals showing interest in the program. Among these, 64 candidates were offered potential opportunities to join the program in the future, highlighting the fellowship's commitment to nurturing the next generation of business leaders.
Official website here: www.orrfellowship.org
Who is the CEO of Governor Bob Orr Indiana Entrepreneurial Fellowship Inc?
Steven Emch is the President (Starting 08/08/22) of Governor Bob Orr Indiana Entrepreneurial Fellowship Inc.
Official website here: www.orrfellowship.org
What is the revenue of Governor Bob Orr Indiana Entrepreneurial Fellowship Inc?
Governor Bob Orr Indiana Entrepreneurial Fellowship Inc's revenue in 2022 was $771,725.
Official website here: www.orrfellowship.org
Who are the executives of Governor Bob Orr Indiana Entrepreneurial Fellowship Inc and what are their salaries?
The average compensation at Governor Bob Orr Indiana Entrepreneurial Fellowship Inc during 2022 was $32,811. There are 7 employees and 150 volunteers at Governor Bob Orr Indiana Entrepreneurial Fellowship Inc.
Here are 18 key members and their salaries:
- Compensation: $61,154
- Related: $0
- Other: $3,890
- Compensation: $94,308
- Related: $0
- Other: $0
- Compensation: $20,175
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.orrfellowship.org
Where can I find the form 990 for Governor Bob Orr Indiana Entrepreneurial Fellowship Inc?
Governor Bob Orr Indiana Entrepreneurial Fellowship Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.orrfellowship.org
Learn more at the official website: www.orrfellowship.org
Mission Statement of Governor Bob Orr Indiana Entrepreneurial Fellowship Inc
The Governor Bob Orr Indiana Entrepreneurial Fellowship Inc, as its name suggests, is dedicated to identifying and cultivating the next generation of business leaders and entrepreneurs. This mission is carried out through a rigorous recruitment process, which in 2022, extended to over 26 colleges and universities, both in-person and virtually. The fellowship attracted a substantial pool of 656 qualified candidates, demonstrating its widespread appeal and recognition as a promising platform for future business leaders. Among these candidates, 64 were offered positions, indicating a high level of competition and the fellowship's reputation as a valuable stepping stone for aspiring entrepreneurs. The Fellowship, therefore, serves as a vital catalyst in nurturing the next wave of business leaders, providing them with the opportunity to hone their skills and embark on successful entrepreneurial journeys.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The impact of Governor Bob Orr Indiana Entrepreneurial Fellowship Inc (ORR Fellowship) is evident in its successful recruitment and development of the next generation of business leaders and entrepreneurs. In 2022 alone, ORR Fellowship engaged with over 650 qualified candidates from 26 colleges and universities, offering job opportunities to 64 individuals who will be joining ORR Fellowship as new members in the future. This initiative not only fosters the growth of talented individuals but also contributes to the overall improvement of the community by nurturing a pool of skilled professionals poised to make a positive impact in the business world.
This information is meant to be a general summary of Governor Bob Orr Indiana Entrepreneurial Fellowship Inc. 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: $6,797
- Gross Receipts: $771,725
Assets and Liabilities:
- Total Assets: $833,835
- Total Liabilities: $796
- Net Assets: $833,039
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2004
Phone
(602) 317-0502Principal Officer
Steven Emch
Main Address
PO BOX 20262, INDIANAPOLIS, IN, 46220
Website
www.orrfellowship.orgNTEE Category
Code: S20 - Community improvement
If you are a representative of Governor Bob Orr Indiana Entrepreneurial Fellowship Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.