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Net Positive Inc

The Foundry

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

EIN: 462666977 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Net Positive Inc?

Net Positive Inc, specifically known as The Foundry, is a nonprofit organization situated in Buffalo, New York. Their primary mission is to empower young individuals by offering a diverse range of opportunities. These include exploring various career paths through STEAM sessions, job training partnerships, part-time employment, job shadowing, and youth entrepreneurship programs. The Foundry adopts an inclusive approach, providing hands-on learning, fostering entrepreneurship, and exposing individuals to potential career paths. With a team of nine, they aim to help an average of 200 students annually, fostering their success in the world of business.


Official website here: www.thefoundrybuffalo.org/

Is Net Positive Inc legitimate?

Net Positive Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Net Positive 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: $42,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,044

For more financial information, click here


Official website here: www.thefoundrybuffalo.org/

What is the mission statement of Net Positive Inc?

Net Positive Inc, through its initiative The Foundry, aims to encourage personal growth and entrepreneurship among youth and adults. The organization offers a conducive learning environment, providing access to private spaces, equipment, and business assistance. The mission of Net Positive Inc is to help an average of 200 individuals realize their business aspirations. This is accomplished through hands-on learning experiences, job training partnerships, part-time employment opportunities, job shadowing, and youth entrepreneurship programs. The organization facilitates exploration of various career paths, skill-building, and fosters digital literacy through STEAM sessions in its shops and labs.


Official website here: www.thefoundrybuffalo.org/

Who is the CEO of Net Positive Inc?

Megan Mcnally is the Member of Net Positive Inc.


Official website here: www.thefoundrybuffalo.org/

What is the revenue of Net Positive Inc?

Net Positive Inc's revenue in 2022 was $414,730.


Official website here: www.thefoundrybuffalo.org/

Who are the executives of Net Positive Inc and what are their salaries?

The average compensation at Net Positive Inc during 2022 was $19,484. There are 9 employees and 100 volunteers at Net Positive Inc.


Here are 13 key members and their salaries:


Matt Lehner (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stebbins (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilbert R Green (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Schwartz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Dunn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shantelle Patton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Collymore (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Najja Bouldin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Mcnally (Executive Director)
  • Compensation: $42,311
  • Related: $0
  • Other: $0
Trina Burruss (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Reinagel (Vice President)
  • Compensation: $21,346
  • Related: $0
  • Other: $0
Scott Cassety (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Zanner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thefoundrybuffalo.org/

Where can I find the form 990 for Net Positive Inc?

Net Positive Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thefoundrybuffalo.org/

Learn more at the official website: www.thefoundrybuffalo.org/

Mission Statement of Net Positive Inc

Net Positive Inc, through its program The Foundry, aims to empower individuals, both youth and adults, by offering them the chance to pursue their entrepreneurial aspirations. This is achieved by providing them with access to private workspaces, essential equipment, and business assistance. The organization's mission is to foster learning, encourage entrepreneurship, and expose individuals to a variety of career opportunities. On average, around 200 students benefit from this initiative, gaining hands-on skills, digital literacies through STEAM sessions, job training partnerships, part-time employment opportunities, job shadowing with successful entrepreneurs, and youth entrepreneurship programs. This holistic approach not only equips individuals with practical skills but also exposes them to diverse career paths, thereby empowering them to build successful businesses.

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Impact




October, 2024

Net Positive Inc. has made a significant impact through its Foundry program, which focuses on education, empowerment, and employment for both youth and adults. By adopting an inclusive approach, the organization engages an average of 200 students each year, guiding them through various career paths and equipping them with essential hands-on skills and new digital literacies.

The Foundry's STEAM sessions foster creativity and critical thinking, providing participants with practical experience in science, technology, engineering, the arts, and mathematics. Through job training partnerships with organizations like Baker-Victory Services and Youth Build, students gain invaluable real-world experience and insights into potential career trajectories.

Additionally, the program offers part-time employment opportunities within the Foundry itself and facilitates job shadowing experiences with local entrepreneurs, allowing participants to gain firsthand understanding of business operations. Furthermore, the emphasis on youth entrepreneurship programs empowers individuals to pursue their business dreams, supported by access to private workspace, equipment, and business assistance.

Overall, Net Positive Inc. plays a pivotal role in shaping the futures of many individuals in Buffalo, NY, fostering a culture of innovation, self-sufficiency, and community empowerment.




This information is meant to be a general summary of Net Positive 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
$414,730 (2022)
Expenses
$435,282 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Program Service Revenue: $155,982
  • Gross Receipts: $415,877

Assets and Liabilities:

  • Total Assets: $661,783
  • Total Liabilities: $200,470
  • Net Assets: $461,313

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Programs

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

Residency

Revenue

$84,092

Youth programing and w

Revenue

$43,211

Community workshops

Revenue

$28,329

Consulting fees

Revenue

$350

Organization Details

Founding Year

2013

Principal Officer

Megan Mcnally

Main Address

298 Northampton Street, Buffalo, NY, 14208

NTEE Category

Code: P80 - Human services

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