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Southwest Colorado Accelerator Program

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

EIN: 463053767 ✦ Durango, CO ✦ Designated as a 501(c)(3)

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Overview

What is Southwest Colorado Accelerator Program?

The Southwest Colorado Accelerator Program, abbreviated as SCAPE, is a nonprofit organization located in Durango, Colorado. Their primary mission is to foster the growth of high-potential businesses in the Southwest Colorado region. They accomplish this goal by offering an accelerator program that provides startups and early-stage companies with crucial resources such as funding, education, and intensive mentorship. In 2022, SCAPE assisted nine new businesses, aiding them in connecting with mentors and creating strategic plans for fundraising and hiring. The organization's efforts extend to various entrepreneurial events, including Go Code, West Slope Start Up Week, and Noel Night, which cater to rural community members.


Official website here: www.goscape.org

Is Southwest Colorado Accelerator Program legitimate?

Southwest Colorado Accelerator Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Colorado Accelerator Program 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: $106,191
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,898

For more financial information, click here


Official website here: www.goscape.org

What is the mission statement of Southwest Colorado Accelerator Program?

The Southwest Colorado Accelerator Program, often referred to as SCAPE, is committed to fostering the growth of high-potential businesses. Its mission is to provide essential resources, such as funding, education, and intensive mentoring, to startups and early-stage companies in an effort to stimulate job creation. Through its Accelerator program, SCAPE aims to assist these emerging businesses in reaching their full potential. In 2022, SCAPE successfully connected nine new companies with mentors and provided guidance on fundraising and hiring strategies. Additionally, SCAPE organized various entrepreneurial events, including Go Code, West Slope Start Up Week, and Noel Night, which catered to rural community members.


Official website here: www.goscape.org

Who is the CEO of Southwest Colorado Accelerator Program?

Elizabeth Marsh is the Executive Dir. of Southwest Colorado Accelerator Program.


Official website here: www.goscape.org

What is the revenue of Southwest Colorado Accelerator Program?

Southwest Colorado Accelerator Program's revenue in 2022 was $378,640.


Official website here: www.goscape.org

Who are the executives of Southwest Colorado Accelerator Program and what are their salaries?


Here are 6 key members and their salaries:


Elizabeth Marsh (Executive Dir.)
  • Compensation: $102,502
  • Related: $0
  • Other: $0
John Wolgamott (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Masner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mackay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Johnsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Lewis Marchino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.goscape.org

Where can I find the form 990 for Southwest Colorado Accelerator Program?

Southwest Colorado Accelerator Program's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goscape.org

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

Mission Statement of Southwest Colorado Accelerator Program

The Southwest Colorado Accelerator Program, often referred to as SCAPE, is dedicated to a mission aimed at fostering the growth of high-potential companies in the region. By offering an accelerator program, SCAPE provides these startups and early-stage enterprises with essential resources such as funding, education, and intensive mentoring. This comprehensive approach is designed to nurture these businesses, ultimately leading to the creation of job opportunities within the community. In 2022, SCAPE successfully connected nine new companies with experienced mentors and guided them in developing fundraising strategies and hiring plans. Furthermore, SCAPE actively participates in various entrepreneurial events, including Go Code, West Slope Start Up Week, and Noel Night, which cater to the needs of rural communities.

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Impact




October, 2024

The Southwest Colorado Accelerator Program (SCAPE) significantly impacts the region by fostering the growth of high-potential companies and supporting local entrepreneurs. In 2022, SCAPE facilitated connections between nine new startups and experienced mentors, enhancing their understanding of fundraising and business strategies. This support enables these companies to devise effective investment and hiring plans, which is crucial for their growth.

Additionally, SCAPE's involvement in entrepreneurial events, such as Go Code, West Slope Start Up Week, and Noel Night, engages community members, particularly in rural areas, providing them with networking opportunities, resources, and inspiration. Overall, SCAPE's efforts contribute not only to individual businesses but also to the economic vitality of Southwest Colorado by creating jobs and promoting innovation.




This information is meant to be a general summary of Southwest Colorado Accelerator Program. 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
$378,640 (2022)
Expenses
$288,435 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $50,140
  • Program Service Revenue: $22,300
  • Gross Receipts: $380,854

Assets and Liabilities:

  • Total Assets: $1,539,359
  • Total Liabilities: $62,071
  • Net Assets: $1,477,288

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Programs

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

Fund Management Fees

Revenue

$22,300

Organization Details

Founding Year

2013

Principal Officer

Elizabeth Marsh

Main Address

PO Box 1441, Durango, CO, 81302

NTEE Category

Code: P99 - Human services

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