Overview
What is Camelback Ventures?
Camelback Ventures is a dedicated nonprofit organization located in Garden City, Idaho. Their primary mission is to foster the growth and empowerment of livable communities, utilizing entrepreneurship as their primary tool. This is accomplished through an intensive accelerator program, known as the Camelback Fellowship, which supports untapped entrepreneurs. The fellowship, spanning three months, aids in the development of both the founder and the venture. Since its inception in 2015, Camelback Ventures has supported 124 entrepreneurs of color and women, many of whom have gained recognition in prestigious lists such as Forbes 30 Under 30 and received fellowships like Echoing Green and Richard Draper Kaplan. The organization is currently focusing on impact areas like education and conscious tech, aiming to create livable communities, provide quality education, and foster economic opportunity for all within a single generation. Camelback Ventures' vision is to create livable communities, offer quality education, and establish economic opportunity for everyone, paving the way for a better future in one generation. The organization, with a dedicated workforce of 18 individuals, is committed to shaping the future of communities through entrepreneurship.
Official website here: www.camelbackventures.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates that Camelback Ventures has achieved a Four-Star out of Four Star rating, reflecting exceptional performance in accountability and finance. The charity demonstrates strong governance, with 83% of its board members being independent and a solid financial oversight structure in place. Key metrics such as a low liabilities to assets ratio and high program expense ratio highlight their effective use of funds towards their mission.
User feedback emphasizes the organization’s commitment to its values, particularly in the realm of anti-racism and support for Black and Brown entrepreneurs. A reviewer praised the nonprofit for its genuine efforts to engage with complex social issues, indicating that Camelback Ventures actively fosters an environment of support for its fellows. This level of engagement and dedication to community welfare stands out positively in the feedback.
While the organization is noted for its strengths, it is acknowledged that no nonprofit is without flaws. However, the overall impression from both financial ratings and user reviews is overwhelmingly positive, suggesting that Camelback Ventures is a reliable choice for those looking to support initiatives that empower leaders and communities of color.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Camelback Ventures legitimate?
Camelback Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camelback Ventures 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: $229,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,514,066
For more financial information, click here
Official website here: www.camelbackventures.org
What is the mission statement of Camelback Ventures?
Camelback Ventures aims to establish livable communities, provide quality education, and foster economic opportunities for all within a single generation. Their approach to achieving this mission is through entrepreneurship, supporting untapped entrepreneurs primarily from underrepresented groups, such as women and people of color. They offer a rigorous accelerator program called the Camelback Fellowship, which lasts for three months, helping both founders and their ventures to grow. Since its inception in 2015, Camelback Ventures has supported 124 entrepreneurs, many of whom have gained recognition in renowned lists and secured significant funding. Their current focus areas include education and conscious technology.
Official website here: www.camelbackventures.org
Who is the CEO of Camelback Ventures?
Aaron Walker is the Ceo & Founder of Camelback Ventures. The CEO's salary of Camelback Ventures is $229,469 and their total compensation is $247,343.
Official website here: www.camelbackventures.org
What is the revenue of Camelback Ventures?
Camelback Ventures's revenue in 2022 was $5,442,890.
Official website here: www.camelbackventures.org
Who are the executives of Camelback Ventures and what are their salaries?
The average compensation at Camelback Ventures during 2022 was $96,863. There are 18 employees and 5 volunteers at Camelback Ventures.
Here are 11 key members and their salaries (Camelback Ventures's CEO's salary is $229,469 and their total compensation is $247,343):
- Compensation: $229,469
- Related: $0
- Other: $17,874
- Compensation: $193,943
- Related: $0
- Other: $5,512
- Compensation: $171,868
- Related: $0
- Other: $2,511
- Compensation: $132,530
- Related: $0
- Other: $587
- Compensation: $121,926
- Related: $0
- Other: $3,069
- Compensation: $105,863
- Related: $0
- Other: $5,482
- 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.camelbackventures.org
Where can I find the form 990 for Camelback Ventures?
Camelback Ventures's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.camelbackventures.org
Learn more at the official website: www.camelbackventures.org
Mission Statement of Camelback Ventures
Camelback Ventures, a nonprofit organization, is committed to creating livable communities, providing quality education, and fostering economic opportunity for all within a single generation. Their primary tool for effecting change is entrepreneurship. They offer an intensive accelerator program called the Camelback Fellowship, which supports and empowers untapped entrepreneurs. Since its inception in 2015, Camelback Ventures has supported over 120 entrepreneurs of color and women, many of whom have been recognized in prestigious lists such as Forbes 30 Under 30 and have received fellowships like Echoing Green and Richard T. Draper Kaplan. Collectively, these entrepreneurs have raised over $50 million in funding.
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Impact
July, 2024
Camelback Ventures is making a significant impact by supporting the growth and empowerment of livable communities through entrepreneurship. The Camelback Fellowship, a rigorous accelerator program, has helped 124 entrepreneurs of color and women in the areas of education and conscious tech. These entrepreneurs have achieved notable recognition and collectively raised over $50 million. Camelback Ventures is actively contributing towards creating livable communities, quality education, and economic opportunities for everyone.
This information is meant to be a general summary of Camelback Ventures. 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: $115,670
- Program Service Revenue: $258,069
- Gross Receipts: $5,442,890
Assets and Liabilities:
- Total Assets: $17,591,280
- Total Liabilities: $562,693
- Net Assets: $17,028,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE
Revenue
$258,069
Organization Details
Founding Year
2013
Principal Officer
Aaron Walker
Main Address
9169 W STATE STREET STE 430, GARDEN CITY, ID, 83714
Website
www.camelbackventures.orgNTEE Category
Code: S43 - Community improvement
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