Overview
What is Social Enterprise Greenhouse?
Social Enterprise Greenhouse (SEG) is a nonprofit organization situated in Providence, Rhode Island. Their primary mission is to accelerate impact by offering inclusive support and networks to entrepreneurs and businesses committed to fostering positive societal and economic change. SEG operates through a comprehensive suite of programs and services tailored to suit entrepreneurs at various stages of their business lifecycle and locations. Their signature offerings include the Ideator, Incubator, Incubadora, and Accelerator programs, designed to help entrepreneurs explore ideas, build businesses, and grow ventures. Additionally, SEG provides expert volunteer advice, peer support forums, and specialized initiatives like the Nonprofit Innovation Lab. In 2022, SEG served over 400 entrepreneurs and ventures in both English and Spanish, focusing on historically excluded individuals. Female-owned ventures accounted for over 75% of SEG's portfolio, while over 50% were BIPOC-owned. SEG's ventures are deeply rooted in social impact, spanning various industries such as health and wellness, food and agriculture, and environment. In summary, Social Enterprise Greenhouse aims to foster a diverse ecosystem of stakeholders dedicated to creating a more just, equitable, and resilient economy.
Official website here: www.segreenhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Social Enterprise Greenhouse has achieved a Four-Star rating on Charity Navigator, reflecting its strong performance in accountability and finance. The organization excels in governance, boasting a fully independent board and high scores across various metrics, including its financial oversight and policies for conflict of interest and whistleblowing. This level of transparency and responsibility contributes to a solid foundation for donor confidence.
The financial health of Social Enterprise Greenhouse is evident in its impressive program expense ratio of 87.84%, indicating that a significant portion of its funds directly supports its programs. The organization has also maintained a low liabilities-to-assets ratio, suggesting effective management of its financial resources. This reinforces the notion that the nonprofit is committed to maximizing its impact through smart financial practices.
Despite the positive ratings, there is always room for improvement, particularly regarding the liabilities-to-assets score, where it earned slightly lower marks. However, overall, Social Enterprise Greenhouse demonstrates a strong commitment to accountability, making it a reliable choice for donors looking to support effective social enterprises.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Social Enterprise Greenhouse?
98% of 20 reviewers on Facebook recommend this charity. Here’s a summary of their insights:
Many reviewers praise Social Enterprise Greenhouse for its transformative approach in supporting startups. Commenters emphasize the importance of social enterprises operating on the principle of "doing well while doing good," highlighting SEG's role in leading the charge within the impact sector. The organization is recognized for its commitment to fostering growth and innovation among startups that aim to create a positive social impact.
Overall, the sentiment towards Social Enterprise Greenhouse is overwhelmingly positive, with users expressing confidence in the organization's ability to effectively support and enhance the potential of social enterprises. The strong recommendation rate indicates that many believe SEG is making a significant difference in the community.
This AI summary has been generated from reviews found on Facebook.
Is Social Enterprise Greenhouse legitimate?
Social Enterprise Greenhouse is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Enterprise Greenhouse 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: $0
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Other Salaries and Wages: $1,022,238
For more financial information, click here
Official website here: www.segreenhouse.org
What is the mission statement of Social Enterprise Greenhouse?
Social Enterprise Greenhouse (SEG) aims to accelerate impact by providing inclusive support and networks for entrepreneurs and businesses committed to positive societal and economic change. By fostering an ecosystem of diverse stakeholders, SEG works towards enabling a more just, equitable, and resilient economy. Through its comprehensive menu of programs and services, SEG caters to entrepreneurs and small businesses at various stages of their lifecycle, making its offerings culturally and linguistically responsive. SEG's signature programs, such as IDEATOR, Incubator, Incubadora, and Accelerator, provide a pipeline for entrepreneurs to explore business ideas, build their ventures, and grow their operations. Additional services, like expert volunteer advisory, peer support forums, and programs like the Nonprofit Innovation Lab, further support SEG's mission. In 2022, SEG served over 400 entrepreneurs and ventures, with a strong focus on promoting those who have been historically excluded, including a high percentage of women-owned and BIPOC-owned businesses.
Official website here: www.segreenhouse.org
Who is the CEO of Social Enterprise Greenhouse?
Julie Owens is the Director of Social Enterprise Greenhouse. The CEO's salary of Social Enterprise Greenhouse is $23,387 and their total compensation is $23,387.
Official website here: www.segreenhouse.org
What is the revenue of Social Enterprise Greenhouse?
Social Enterprise Greenhouse's revenue in 2022 was $1,982,244.
Official website here: www.segreenhouse.org
Who are the executives of Social Enterprise Greenhouse and what are their salaries?
The average compensation at Social Enterprise Greenhouse during 2022 was $36,508. There are 28 employees and 133 volunteers at Social Enterprise Greenhouse.
Here are 23 key members and their salaries (Social Enterprise Greenhouse's CEO's salary is $23,387 and their total compensation is $23,387):
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Official website here: www.segreenhouse.org
Where can I find the form 990 for Social Enterprise Greenhouse?
Social Enterprise Greenhouse's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.segreenhouse.org
Learn more at the official website: www.segreenhouse.org
Mission Statement of Social Enterprise Greenhouse
Social Enterprise Greenhouse, abbreviated as SEG, is an organization committed to accelerating positive societal and economic change. Their mission is to provide inclusive support and networks for entrepreneurs and businesses, fostering an ecosystem of diverse stakeholders working towards a more just, equitable, and resilient economy. By delivering venture development through a comprehensive range of programs and services tailored to entrepreneurs' needs, SEG empowers businesses that aim to bring about societal improvement. In 2022, SEG served over 400 entrepreneurs and ventures, many of whom have been historically excluded, with 75% being women-owned and over 50% being BIPOC-owned. The ventures in SEG's portfolio are deeply rooted in social impact and span various industries, including health and wellness, food and agriculture, and environment.
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Impact
October, 2024
Social Enterprise Greenhouse (SEG) accelerates impact by providing comprehensive support and resources for entrepreneurs and businesses that prioritize positive societal and economic change. By creating an inclusive ecosystem, SEG empowers individuals who have been historically excluded, helping over 400 entrepreneurs in 2022 alone.
Their approach includes tailored venture development programs such as the Ideator, Incubator, Incubadora, and Accelerator, which cater to entrepreneurs at various stages of their business journeys. These programs are designed to be culturally and linguistically responsive, ensuring that diverse populations can access and benefit from their services.
In a commitment to fostering equity, SEG highlights women and BIPOC entrepreneurs, with over 75% of its ventures being women-owned and more than 50% BIPOC-owned. The portfolio of ventures under SEG spans crucial industries like health and wellness, food and agriculture, and environmental sustainability, all deeply rooted in social impact. Through expert advising, peer support forums, and innovative programming, SEG cultivates a resilient and just economy, fostering a community of diverse stakeholders dedicated to systemic change.
This information is meant to be a general summary of Social Enterprise Greenhouse. 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: $4,980
- Program Service Revenue: $177,837
- Gross Receipts: $1,982,244
Assets and Liabilities:
- Total Assets: $1,756,260
- Total Liabilities: $947,642
- Net Assets: $808,618
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$177,837
Organization Details
Founding Year
2007
Phone
(401) 272-2558Principal Officer
Julie Owens
Main Address
10 DAVOL SQUARE 100, PROVIDENCE, RI, 02903
Website
www.segreenhouse.orgNTEE Category
Code: T300 - Philanthropy
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