Overview
What is Startout?
Startout is a 501(c)(3) nonprofit organization, established in 2009, that supports LGBTQ+ entrepreneurs in their journey to success. Based in San Francisco, California, Startout offers a wide range of programming aimed at developing entrepreneurial skills and knowledge within the LGBTQ+ community. With an impressive member base of over 21,000 individuals, Startout's mission is to foster economic empowerment for the LGBTQ+ community by accelerating their growth and ensuring equal access to opportunities. To achieve this, Startout provides a comprehensive suite of programs, including community-building events, skill development workshops, resources for accessing capital, and thought leadership initiatives. Their programs, supported by an industry-leading online platform, aim to foster a supportive network, offer mentorship, education, investment opportunities, and promote research on the economic impact of LGBTQ+ entrepreneurs. With a team of 23 dedicated individuals, Startout is committed to shaping the workforce of the future and ensuring that LGBTQ+ entrepreneurs have the tools and resources necessary to lead, succeed, and make a significant impact in the business world.
Official website here: www.startout.org
Is Startout legitimate?
Startout is a legitimate nonprofit organization registered as a 501(c)(3) entity. Startout 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: $1,661,096
For more financial information, click here
Official website here: www.startout.org
What is the mission statement of Startout?
Startout, established in 2009, is a national non-profit organization committed to supporting LGBTQ+ entrepreneurs. Its mission is to foster the growth of the LGBTQ+ community, ultimately driving their economic empowerment. The organization aims to create a world where every LGBTQ+ entrepreneur has equal opportunities to lead, succeed, and shape the workforce of the future.
To accomplish this, Startout offers a range of programs essential for an entrepreneur's success, supported by an industry-leading online platform. The organization's initiatives are categorized into four key areas: community building, skill development, access to capital, and thought leadership.
In community building, Startout hosts networking events, manages an online network, and facilitates forums. For skill development, they provide mentorship, office hours, and educational events. To assist with securing capital, they offer a growth lab accelerator and an investor portal. Lastly, in thought leadership, they conduct research projects, organize signature events, and educate LGBTQ+ entrepreneurs and investors.
Overall, Startout's mission is to accelerate the growth of LGBTQ+ entrepreneurs, thereby empowering the community and contributing to a more diverse and inclusive workforce.
Official website here: www.startout.org
Who is the CEO of Startout?
Brian Richardson is the CEO of Startout The CEO's salary of Startout is $0 and their total compensation is $0.
Official website here: www.startout.org
What is the revenue of Startout?
Startout's revenue in 2023 was $2,261,389.
Official website here: www.startout.org
Who are the executives of Startout and what are their salaries?
The average compensation at Startout during 2023 was $62,722.
Here are 16 key members and their salaries (Startout's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.startout.org
Where can I find the form 990 for Startout?
Startout's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.startout.org
Learn more at the official website: www.startout.org
Mission Statement of Startout
Startout, a national 501(C)(3) nonprofit organization established in 2009, has a mission to propel the growth of the LGBTQ+ community, aiming to drive its economic empowerment. The organization's ultimate goal is to create a world where every LGBTQ+ entrepreneur has equal opportunities to lead, succeed, and shape the workforce of the future. To achieve this mission, Startout offers a comprehensive suite of programs essential for an entrepreneur's success, supported by an industry-leading online platform.
The organization's mission is executed through four key areas: community building, skill development, access to capital, and thought leadership. In the realm of community building, Startout organizes networking events, maintains a digital platform called Networq and Forum, and provides various opportunities for connection within the LGBTQ+ entrepreneur community. For skill development, Startout offers mentorship programs, office hours, and educational events, equipping entrepreneurs with the necessary tools and knowledge to enhance their business acumen.
In the realm of access to capital, Startout offers its Growth Lab Accelerator program and an Investor Portal, providing entrepreneurs with resources to secure funding and foster business growth. Lastly, in the area of thought leadership, Startout conducts research projects, such as the Startout Pride Economic Impact Index, and hosts signature events and educational sessions, aimed at educating LGBTQ+ entrepreneurs and investors about the unique challenges and opportunities within the LGBTQ+ entrepreneur community. Through these programs, Startout seeks to empower and support LGBTQ+ entrepreneurs, ultimately driving economic growth and equality within the community.
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Impact
October, 2024
Startout plays a transformative role in fostering economic empowerment within the LGBTQ+ community by equipping entrepreneurs with the necessary tools and resources to thrive. Established in 2009, Startout has built a robust network of over 21,000 members, creating a vibrant ecosystem that encourages entrepreneurial growth and collaboration.
Through a comprehensive suite of programs, Startout addresses critical areas essential for entrepreneurial success. Community building initiatives, such as networking events and forums, facilitate meaningful connections among LGBTQ+ entrepreneurs. The organization offers skill development opportunities, including mentorship and educational events, which help individuals enhance their business acumen.
Access to capital is another vital element of Startout's impact. By providing programs like the Growth Lab Accelerator and an Investor Portal, Startout helps entrepreneurs secure the funding necessary to launch and scale their businesses. Furthermore, thought leadership initiatives, including research projects and signature events, contribute to a broader understanding of the economic impact of LGBTQ+ entrepreneurship, empowering stakeholders with valuable insights.
Overall, Startout's commitment to supporting LGBTQ+ entrepreneurs not only enriches individual lives but also strengthens the community as a whole, fostering a more inclusive and equitable economic landscape.
This information is meant to be a general summary of Startout. 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 2023.
- Investment Income: $3
- Program Service Revenue: $353,889
- Gross Receipts: $2,262,878
Assets and Liabilities:
- Total Assets: $1,983,127
- Total Liabilities: $788,329
- Net Assets: $1,194,798
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENTS
Revenue
$353,889
Organization Details
Founding Year
2009
Principal Officer
Brian Richardson
Website
www.startout.orgNTEE Category
Code: S43 - Community improvement
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