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Science And Entrepreneurship Exchange

Spark Shop

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

EIN: 462597736 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Science And Entrepreneurship Exchange?

Science and Entrepreneurship Exchange, operating under the name Spark Shop, is a nonprofit organization situated in Chicago, Illinois. Its primary objective is to offer students hands-on experiences in entrepreneurship, invention, and engineering. By doing so, it aims to bridge the gap between theoretical learning and practical application, providing a real-world context that encourages innovation and problem-solving skills.


Official website here: www.sparkshop.org

Is Science And Entrepreneurship Exchange legitimate?

Science And Entrepreneurship Exchange is a legitimate nonprofit organization registered as a 501(c)(3) entity. Science And Entrepreneurship Exchange 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: $159,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,018

For more financial information, click here


Official website here: www.sparkshop.org

What is the mission statement of Science And Entrepreneurship Exchange?

The Science and Entrepreneurship Exchange is committed to providing students with authentic experiences in entrepreneurship, invention, and engineering. Their mission, stated in multiple ways, is centered around this objective, aiming to equip students with practical skills and knowledge in these areas. By delivering real-world opportunities, the organization aims to foster innovation and prepare students for future endeavors in these fields.


Official website here: www.sparkshop.org

Who is the CEO of Science And Entrepreneurship Exchange?

Shonali Ditz is the Board Member of Science And Entrepreneurship Exchange.


Official website here: www.sparkshop.org

What is the revenue of Science And Entrepreneurship Exchange?

Science And Entrepreneurship Exchange's revenue in 2022 was $265,301.


Official website here: www.sparkshop.org

Who are the executives of Science And Entrepreneurship Exchange and what are their salaries?

There 200 volunteers at Science And Entrepreneurship Exchange.


Here are 5 key members and their salaries:


Tim Dohrer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Simon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Ganchiff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shonali Ditz (Treasurer)
  • Compensation: $73,097
  • Related: $0
  • Other: $5,129
Tiernan Murrell (Secretary)
  • Compensation: $73,136
  • Related: $0
  • Other: $4,786


Official website here: www.sparkshop.org

Where can I find the form 990 for Science And Entrepreneurship Exchange?

Science And Entrepreneurship Exchange's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sparkshop.org

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

Mission Statement of Science And Entrepreneurship Exchange

The Science and Entrepreneurship Exchange is committed to delivering practical entrepreneurship, invention, and engineering lessons to students. Their mission, as stated, is to equip students with real-world experiences in these fields. By doing so, they aim to foster a generation of innovative thinkers and problem solvers. The organization's focus is on imparting hands-on knowledge and skills that will empower students to make a meaningful impact in their future endeavors.

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Impact




October, 2024

Science And Entrepreneurship Exchange significantly impacts students by bridging the gap between theoretical knowledge and practical application in entrepreneurship, invention, and engineering. By providing hands-on experiences, the program cultivates critical thinking, problem-solving skills, and creativity among participants. This real-world approach empowers students to understand the intricacies of bringing ideas to fruition, fostering an entrepreneurial mindset that can lead to innovation and economic development.

In Chicago, the initiative not only enhances educational outcomes but also inspires a new generation of innovators who are equipped to tackle real-world challenges. By immersing students in practical scenarios, it encourages collaboration and networking, helping them to forge valuable connections within the entrepreneurial ecosystem. Through its comprehensive programming, Science And Entrepreneurship Exchange nurtures future leaders who are prepared to contribute meaningfully to their communities and the broader economy.




This information is meant to be a general summary of Science And Entrepreneurship Exchange. 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
$265,301 (2022)
Expenses
$562,422 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Program Service Revenue: $32,000
  • Gross Receipts: $265,301

Assets and Liabilities:

  • Total Assets: $321,790
  • Total Liabilities: $12,839
  • Net Assets: $308,951

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program revenues

Revenue

$32,000

Organization Details

Founding Year

2013

Principal Officer

Shonali Ditz

Main Address

965 W Chicago Ave, Chicago, IL, 60642

NTEE Category

Code: B99 - Education

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