Overview
What is Start Small Think Big Inc?
Start Small Think Big Inc is a nonprofit organization, headquartered in New York City, New York, that aims to empower low-income individuals by helping them establish and grow thriving businesses. They accomplish this by offering a range of free services, including legal, marketing, sales, financial, impact assessment, and client relationship support. The organization's mission is centered around the success of small business owners from underprivileged communities, and they have been partnering with these entrepreneurs and their communities for over a decade. Their network of professionals provides vital expertise to help these businesses flourish, measuring their own success through the success of their clients.
Official website here: www.startsmallthinkbig.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98% (Four-Star out of Four Star rating)
Start Small Think Big Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial transparency. The organization excels particularly in culture and community, scoring a perfect 100% in this category, which indicates a strong commitment to its mission and the communities it serves. Their overall score is supported by solid program expense ratios and low fundraising costs, showcasing efficient use of resources.
The charity demonstrates exceptional governance, with 95% of its board members being independent, ensuring unbiased decision-making. Their financial health is robust, with a working capital ratio indicating sustainability over the long term. The organization also scored full credit in various financial oversight metrics, highlighting effective auditing and asset management practices.
Despite these strengths, the relatively low weight given to leadership and adaptability in the overall score may suggest areas for potential growth. However, with perfect scores in leadership development and adaptability statements, it appears the organization is already on the right path to strengthening these aspects. Overall, Start Small Think Big Inc is well-positioned as a responsible and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Start Small Think Big Inc legitimate?
Start Small Think Big Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Start Small Think Big 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: $477,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,281,713
For more financial information, click here
Official website here: www.startsmallthinkbig.org
What is the mission statement of Start Small Think Big Inc?
Start Small Think Big Inc's mission is centered around assisting small business owners from underrepresented communities to prosper. For over a decade, the organization has been collaborating with these entrepreneurs and their communities, connecting them with a network of professionals who offer pro bono legal, financial, and marketing advice. The success of Start Small Think Big is measured by the success of the small businesses it supports. The organization aims to aid low-income individuals in establishing thriving businesses and provides them with access to professional expertise and financial resources through its Small Business Legal, Marketing and Sales, Financial, Impact Assessment, and Client Relationship programs.
Official website here: www.startsmallthinkbig.org
Who is the CEO of Start Small Think Big Inc?
Jennifer Dasilva is the Chair of Start Small Think Big Inc.
Official website here: www.startsmallthinkbig.org
What is the revenue of Start Small Think Big Inc?
Start Small Think Big Inc's revenue in 2022 was $5,165,176.
Official website here: www.startsmallthinkbig.org
Who are the executives of Start Small Think Big Inc and what are their salaries?
There 2975 volunteers at Start Small Think Big Inc.
Here are 22 key members and their salaries:
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Official website here: www.startsmallthinkbig.org
Where can I find the form 990 for Start Small Think Big Inc?
Start Small Think Big Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.startsmallthinkbig.org
Learn more at the official website: www.startsmallthinkbig.org
Mission Statement of Start Small Think Big Inc
Start Small Think Big Inc is an organization dedicated to aiding small business owners from disadvantaged communities in thriving. With over a decade of experience, this nonprofit has formed partnerships with these entrepreneurs and their communities, connecting them to a network of professionals who offer free legal, financial, and marketing assistance. The success of Start Small Think Big Inc is measured by the success of the small businesses it serves.
The core mission of Start Small Think Big Inc is to assist low-income individuals in establishing and growing thriving businesses. This is achieved through various programs, including small business Legal, Marketing and Sales, Financial, Impact Assessment, and client relationship initiatives. These programs provide these individuals with access to professional and financial expertise, aiming to level the playing field and give marginalized communities a chance to succeed in the business world.
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Impact
October, 2024
Start Small Think Big Inc has made a significant impact on low-income individuals seeking to establish and grow their businesses. By providing access to essential professional and financial expertise, the organization empowers small business owners from marginalized communities to thrive. Over ten years of operation, it has facilitated connections between these entrepreneurs and a network of professionals who offer free support in legal, financial, and marketing aspects.
These services help entrepreneurs navigate complex challenges, enhancing their business acumen and increasing their chances of success. The programs offered not only focus on individual business growth but also foster broader economic development within the community. Start Small Think Big Inc consistently measures its success by the achievements of the entrepreneurs it supports, ensuring a commitment to sustainable business practices that benefit both individuals and their communities in New York.
This information is meant to be a general summary of Start Small Think Big 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: $22,270
- Gross Receipts: $5,165,176
Assets and Liabilities:
- Total Assets: $6,022,344
- Total Liabilities: $193,655
- Net Assets: $5,828,689
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Organization Details
Founding Year
2010
Phone
(646) 723-4053Principal Officer
Jennifer Dasilva
Main Address
132 W 31ST STREET, NEW YORK, NY, 10001
Website
www.startsmallthinkbig.orgNTEE Category
Code: P51 - Human services
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