Overview
What is 100 Entrepreneurs Foundation Inc?
100 Entrepreneurs Foundation Inc, situated in Stevensville, Maryland, is a nonprofit organization devoted to supporting wounded veterans and their families. Their primary activity, the 100 Entrepreneurs Project, offers twelve bi-weekly classes, free of charge, in both spring and fall. These classes cover various aspects of entrepreneurship, such as business planning, sales, marketing, accounting, legal, franchising, financial planning, and real-life case studies. The insights and wisdom gained from interviews with over 80 successful and failed entrepreneurs across 80 different businesses provide valuable information, ideas, inspiration, and opportunities for wounded veterans. The foundation aims to equip these individuals with the necessary knowledge to build their own businesses or find meaningful careers in their chosen industries.
Official website here: www.100entrepreneursproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
100 Entrepreneurs Foundation Inc has received a 76% rating from Charity Navigator, which reflects a solid performance primarily in accountability and finance. This score is derived entirely from one beacon score, indicating that the charity has some areas of strength in its financial management and transparency, particularly in program expense ratio and liabilities to assets ratio.
However, the organization does have notable weaknesses, particularly in governance practices, as it scored zero points for having majority independent board members and both a whistleblower policy and document retention and destruction policy. While it does have a robust board size and demonstrates good practices in areas like conflict of interest policy and transparency with tax documents, the absence of independent oversight could raise concerns about accountability in decision-making.
Overall, while the 100 Entrepreneurs Foundation Inc shows promise in its financial management and accountability, potential donors and stakeholders may want to consider the governance limitations highlighted in the rating. Addressing these weaknesses could enhance the charity's overall effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is 100 Entrepreneurs Foundation Inc legitimate?
100 Entrepreneurs Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 100 Entrepreneurs Foundation 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: $42,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.100entrepreneursproject.org
What is the mission statement of 100 Entrepreneurs Foundation Inc?
The 100 Entrepreneurs Foundation Inc's mission is to offer crucial entrepreneurship-related information to wounded veterans and their families. This includes details about various industries, business functions, requirements, and opportunities. The goal is to aid these individuals in establishing their own businesses or finding fulfilling careers in their preferred industries. The foundation's primary activity, the 100 Entrepreneurs Project, offers twelve free, bi-weekly classes each year, covering topics such as business planning, sales, marketing, accounting, legal aspects, franchising, financial planning, and real-life case studies derived from interviews with successful entrepreneurs. These interviews provide valuable insights, ideas, inspiration, and opportunities for individuals who have served their country.
Official website here: www.100entrepreneursproject.org
Who is the CEO of 100 Entrepreneurs Foundation Inc?
Robert Nilsson is the President & of 100 Entrepreneurs Foundation Inc.
Official website here: www.100entrepreneursproject.org
What is the revenue of 100 Entrepreneurs Foundation Inc?
100 Entrepreneurs Foundation Inc's revenue in 2022 was $42,372.
Official website here: www.100entrepreneursproject.org
Who are the executives of 100 Entrepreneurs Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $48,000
- 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.100entrepreneursproject.org
Where can I find the form 990 for 100 Entrepreneurs Foundation Inc?
100 Entrepreneurs Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.100entrepreneursproject.org
Learn more at the official website: www.100entrepreneursproject.org
Mission Statement of 100 Entrepreneurs Foundation Inc
The 100 Entrepreneurs Foundation Inc is committed to aiding wounded veterans and their family members by providing them with essential information about entrepreneurship, various industries, business functions, requirements, and potential opportunities. This nonprofit organization's primary mission is to empower these individuals, enabling them to establish their own businesses or find a fulfilling career within an industry of their choice.
To achieve this goal, the foundation offers a series of free, bi-weekly classes throughout both the spring and fall seasons. These classes cover a wide range of topics, such as business planning, sales, marketing, accounting, legal matters, franchising, financial planning, and real-life case studies derived from interviews with 100 successful entrepreneurs. This wealth of knowledge, insights, and experiences from these entrepreneurs, spanning over 80 diverse types of businesses, both self-funded and venture-backed, serve as a valuable source of information, ideas, inspiration, and opportunities for wounded veterans and their families.
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Impact
August, 2024
The impact of 100 Entrepreneurs Foundation Inc is significant in providing wounded veterans and their family members with essential knowledge about entrepreneurship, various industries, business operations, and opportunities to establish their own businesses or secure meaningful careers in their preferred industry. Through the foundation's flagship initiative, the 100 Entrepreneurs Project, twelve classes are conducted bi-weekly in both spring and fall, free of charge for wounded veterans.
These classes cover diverse topics such as business planning, sales, marketing, accounting and legal aspects, franchising, financial planning, and real case studies gleaned from interviews with "100 Entrepreneurs." The insights and experiences shared by these entrepreneurs, spanning over 80 different types of businesses, whether self-funded or venture-backed, offer valuable information, ideas, inspiration, and opportunities for individuals who have sacrificed for their country. This initiative not only imparts knowledge but also serves as a platform for empowerment and growth for the veterans and their families, equipping them with the tools needed to succeed in their entrepreneurial endeavors or chosen careers.
This information is meant to be a general summary of 100 Entrepreneurs Foundation 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: $108
- Gross Receipts: $42,372
Assets and Liabilities:
- Total Assets: $75,460
- Total Liabilities: $0
- Net Assets: $75,460
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Organization Details
Founding Year
2012
Principal Officer
Robert Nilsson
Main Address
PO BOX 776, STEVENSVILLE, MD, 21666
NTEE Category
Code: W30 - Public benefit
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