Overview
What is 100State Inc?
100State Inc, established in 2013, is a thriving nonprofit organization situated in Madison, Wisconsin. With a mission to foster collaboration and unity, it offers a supportive environment for problem solvers, creatives, and entrepreneurs. The organization, currently boasting over 75 members, has gained recognition for hosting brainstorming sessions, organizing events to encourage collaboration, and providing mentoring and networking opportunities through its education programs. By creating these connections, 100State Inc aims to empower its community and unleash its collective potential.
Official website here: www.100state.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.
100State Inc has received a low rating of 43% from Charity Navigator, indicating significant concerns regarding its financial accountability and overall governance. The organization scores well in areas such as having a majority of independent board members, a reasonably sized board, and a conflict of interest policy. However, the charity falls short in critical areas like the absence of a whistleblower policy and inadequate handling of document retention and destruction, which are essential for transparency.
The financial metrics also raise red flags, especially with a liabilities to assets ratio of zero, indicating potential financial instability. Additionally, the program expense ratio is also rated at zero, suggesting that a minimal portion of its expenses is directed towards programming. The lack of accessible tax documents on its website further highlights issues with transparency and communication to stakeholders.
Overall, while 100State Inc has some strong governance elements, the serious shortcomings in financial practices and transparency significantly impact its rating and reputation. Potential donors and supporters may want to conduct thorough due diligence before engaging with this organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about 100State Inc?
96% of 27 reviewers on Facebook recommend 100State Inc. Here is a summary of their reviews:
Many users appreciate 100State Inc as a vibrant and inclusive space suitable for meetings and events. They emphasize the welcoming atmosphere that caters to diverse communities, spanning across business and the arts. This makes it an appealing co-working space for individuals and groups looking for a collaborative environment.
Overall, the sentiment surrounding 100State Inc is positive, with members praising its engaging events and supportive community, indicating that it successfully meets the needs of its users.
This AI summary has been generated from reviews found on Facebook.
Is 100State Inc legitimate?
100State Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 100State 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: $43,686
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,830
For more financial information, click here
Official website here: www.100state.com
What is the mission statement of 100State Inc?
100State Inc's mission is to establish a collaborative community and provide a supportive environment for problem solvers, creatives, and entrepreneurs. The organization encourages connections within this community to unlock its collective potential. Since its establishment in 2013, 100State has facilitated brainstorming sessions, organized events to foster collaboration, and provided an inspiring setting. Currently, more than 75 members benefit from their educational programs, brainstorming opportunities, and networking chances.
Official website here: www.100state.com
Who is the CEO of 100State Inc?
Joseph Dahari is the Dir. Of Comm. & Prog. (Thru May 2021) of 100State Inc.
Official website here: www.100state.com
What is the revenue of 100State Inc?
100State Inc's revenue in 2021 was $158,229.
Official website here: www.100state.com
Who are the executives of 100State Inc and what are their salaries?
The average compensation at 100State Inc during 2021 was $17,839. There are 3 employees and 10 volunteers at 100State Inc.
Here are 9 key members and their salaries:
- Compensation: $38,462
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.100state.com
Where can I find the form 990 for 100State Inc?
100State Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.100state.com
Learn more at the official website: www.100state.com
Mission Statement of 100State Inc
100State Inc, a dynamic organization, is dedicated to establishing a community and providing a conducive space for problem solvers, creatives, and entrepreneurs. Their primary objective is to foster collaboration and build connections, aiming to unlock the full potential of their community. By hosting brainstorming sessions, organizing events that encourage cooperation, and offering an inspiring environment, 100State Inc has successfully connected over 75 members to opportunities and challenges since its inception in 2013. The organization's activities are designed to inspire and support its members, providing them with educational programs, mentoring opportunities, and networking events.
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Impact
October, 2024
100State Inc significantly impacts the Madison, WI community by creating a vibrant space that fosters innovation and collaboration among problem solvers, creatives, and entrepreneurs. Since its launch on June 7, 2013, it has rapidly built a robust network of over 75 members who actively participate in educational programs, brainstorming sessions, and mentoring opportunities.
The organization plays a pivotal role in connecting individuals with opportunities and challenges, hosting events that encourage collaboration and creative thinking. By providing an inspiring environment, 100State Inc not only supports its members' personal and professional growth but also enhances the overall potential of the community. This emphasis on connection and collaboration helps to unleash creativity and drive positive change within the local ecosystem.
This information is meant to be a general summary of 100State 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 2021.
- Program Service Revenue: $119,170
- Gross Receipts: $158,229
Assets and Liabilities:
- Total Assets: $21,061
- Total Liabilities: $114,225
- Net Assets: -$93,164
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$110,321
NETWORKING EVENT
Revenue
$8,849
Organization Details
Founding Year
2013
Phone
(608) 609-6716Principal Officer
Joseph Dahari
Main Address
17 S FAIRCHILD STREET 7TH FLOOR, MADISON, WI, 53703
Website
www.100state.comNTEE Category
Code: P20 - Human services
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