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Marketplace Of Ideasmarketplace For Kids Inc

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

EIN: 450461899 ✦ Mantador, ND ✦ Designated as a 501(c)(3)

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Overview

What is Marketplace Of Ideasmarketplace For Kids Inc?

Marketplace Of Ideasmarketplace For Kids Inc is a nonprofit organization based in Mantador, North Dakota. Their primary mission is to inspire and equip young students in grades three to eight with entrepreneurial skills. They accomplish this through a curriculum they develop and maintain, offering technical support and tutorials to educational organizations, youth groups, and home-school families. The organization also provides continuing education credit and makes their Project Learning Guide freely available online. Marketplace Of Ideasmarketplace For Kids Inc organizes educational events with thousands of participants annually, offering a competitive event for students interested in advancing their projects. Volunteers are integral to the program, helping to facilitate the Marketplace For Kids Inc model. The ultimate goal of this nonprofit is to foster creativity, problem-solving skills, and self-employment opportunities in young learners.


Official website here: www.marketplaceofideas.org

Is Marketplace Of Ideasmarketplace For Kids Inc legitimate?

Marketplace Of Ideasmarketplace For Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marketplace Of Ideasmarketplace For Kids 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: $61,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,973

For more financial information, click here


Official website here: www.marketplaceofideas.org

What is the mission statement of Marketplace Of Ideasmarketplace For Kids Inc?

Marketplace Of Ideasmarketplace For Kids Inc's mission is centered around encouraging young individuals to delve into entrepreneurship and self-employment. This is achieved by recognizing and fostering their inventive, creative thinking and problem-solving skills. The organization provides entrepreneurial education to students in grades three to eight, develops and maintains a curriculum, and offers technical support and tutorials to the educational community, including youth organizations and homeschool families. Continuing education credit is also offered. The project learning guide is available online for free. Marketplace Of Ideasmarketplace For Kids Inc organizes educational days during their fiscal year with thousands of participants, and hosts a competitive event for students interested in taking their projects to the next level. Classes and activities are designed to help students discover entrepreneurship, explore career opportunities, learn about new technology, develop financial literacy and leadership skills, and ultimately, create a business or invent a technology project. Volunteers are utilized for the Marketplace For Kids program model.


Official website here: www.marketplaceofideas.org

Who is the CEO of Marketplace Of Ideasmarketplace For Kids Inc?

Mary Haugo is the Executive Director of Marketplace Of Ideasmarketplace For Kids Inc.


Official website here: www.marketplaceofideas.org

What is the revenue of Marketplace Of Ideasmarketplace For Kids Inc?

Marketplace Of Ideasmarketplace For Kids Inc's revenue in 2023 was $272,716.


Official website here: www.marketplaceofideas.org

Who are the executives of Marketplace Of Ideasmarketplace For Kids Inc and what are their salaries?

The average compensation at Marketplace Of Ideasmarketplace For Kids Inc during 2023 was $31,193. There are 4 employees at Marketplace Of Ideasmarketplace For Kids Inc.


Here are 8 key members and their salaries:


Robert L Heitkamp (Executive Director)
  • Compensation: $61,800
  • Related: $0
  • Other: $0
Marijke Leibel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Brooks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Osman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael S Hanson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dirk Monson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeni Peterson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Meyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marketplaceofideas.org

Where can I find the form 990 for Marketplace Of Ideasmarketplace For Kids Inc?

Marketplace Of Ideasmarketplace For Kids Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.marketplaceofideas.org

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

Mission Statement of Marketplace Of Ideasmarketplace For Kids Inc

Marketplace of Ideasmarketplace for Kids Inc, a nonprofit organization, is dedicated to encouraging youth to explore entrepreneurship and self-employment. They achieve this by recognizing and fostering the inventive, creative thinking and problem-solving skills of children in grades three to eight. By providing entrepreneurial education, Marketplace of Ideasmarketplace for Kids Inc empowers young minds to develop essential skills such as financial literacy, leadership, and career opportunities. They accomplish this through a curriculum, technical support, tutorials, and continuing education credit for the education community, youth organizations, and home-school families. The project learning guide is available for free online, and the organization hosts educational days with thousands of participants. Marketplace of Ideasmarketplace for Kids Inc also organizes a competitive event for students interested in taking their projects to the next level, helping them invent technologies, create businesses, and present their models at regional education days. Volunteers are an integral part of the Marketplace for Kids Inc program model.

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Impact




October, 2024

Marketplace Of Ideasmarketplace For Kids Inc significantly impacts youth by fostering entrepreneurial skills and creative problem-solving abilities in students from grades three to eight. Through comprehensive educational programs, the organization encourages young minds to explore self-employment and entrepreneurship, helping them build essential skills for future success.

The initiative provides a structured curriculum and ongoing technical support to educators, youth organizations, and homeschooling families, ensuring that entrepreneurial education is accessible. Workshops, classes, and activities guide participants as they invent projects, develop business ideas, and learn about financial literacy and leadership.

Marketplace organizes educational days that attract thousands of participants, creating opportunities for students to showcase their innovations in a competitive setting. This experience not only empowers individual students but also cultivates a collaborative environment where young entrepreneurs can learn from one another. By emphasizing inventive thinking and hands-on learning, Marketplace Of Ideasmarketplace For Kids Inc equips the next generation with the tools they need to navigate future career opportunities and make meaningful contributions to their communities.




This information is meant to be a general summary of Marketplace Of Ideasmarketplace For Kids 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.

Revenue
$272,716 (2023)
Expenses
$255,297 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $261
  • Gross Receipts: $272,716

Assets and Liabilities:

  • Total Assets: $82,302
  • Total Liabilities: $0
  • Net Assets: $82,302

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Organization Details

Founding Year

2001

Principal Officer

Mary Haugo

Main Address

PO BOX 9, MANTADOR, ND, 58058

NTEE Category

Code: K02 - Food

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