Overview
What is Actuate Boise Inc?
Actuate Boise Inc, based in Boise, Idaho, is a nonprofit organization with a focus on fostering and growing the local entrepreneurial community. They host Boise Startup Week, Idaho's largest entrepreneurial event, featuring educational talks, workshops, and pitch competitions, offering a total of $72,000 in grant money as prizes. The organization also operates Trailhead, a collaborative professional space that encourages networking, learning, and skill development for aspiring business leaders in the Boise area. Trailhead offers a variety of programming to its members and the broader community, aiming to increase the likelihood of business success through skill development and connection-building. The nonprofit is led by a team of 8 individuals.
Official website here: www.trailheadboise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
Actuate Boise Inc has received a 71% rating from Charity Navigator, which classifies it with a Two-Star rating. This score reflects a moderate level of accountability and finance management, with strengths in governance, including a fully independent board and no material diversion of assets.
The organization demonstrates solid financial practices, with a program expense ratio of 68.06%, indicating that a significant portion of its expenses is directed towards programs rather than administrative costs. However, there are notable limitations, particularly the absence of key policies such as a whistleblower policy and a document retention and destruction policy, which are essential for transparency and accountability.
Overall, while Actuate Boise Inc shows strong governance and financial integrity, the lack of comprehensive policies could raise concerns about long-term operational transparency. Potential donors and supporters may want to consider these limitations when evaluating their contributions or engagement with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Actuate Boise Inc?
100% of reviewers on Facebook recommend Actuate Boise Inc. Here is a summary of their reviews:
The organization is highlighted as a great resource for startups in the Boise area, with users expressing enthusiasm about its potential contributions to the local entrepreneurial ecosystem. Many see it as a positive addition to the community, with expectations for growth and support for new ventures.
Overall, the sentiment is very favorable, indicating that Actuate Boise Inc is well-regarded among its supporters. It appears to foster an encouraging environment for innovation and collaboration, promoting excitement about its role within the startup scene in Boise.
This AI summary has been generated from reviews found on Facebook.
Is Actuate Boise Inc legitimate?
Actuate Boise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Actuate Boise 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: $154,176
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,453
For more financial information, click here
Official website here: www.trailheadboise.org
What is the mission statement of Actuate Boise Inc?
Actuate Boise Inc, through its project known as Trailhead, aims to foster the growth of business successes by encouraging gathering, connecting, and learning among entrepreneurs. Trailhead offers a variety of programming to its members and the broader community, with the objective of helping entrepreneurs develop necessary skills and make valuable connections. This increases the likelihood of their businesses thriving. One of Trailhead's significant events is Boise Startup Week, which assembles, nurtures, and grows the entrepreneurial community, featuring educational talks, workshops, and pitch competitions. The winners of these competitions receive grant money as prizes.
Official website here: www.trailheadboise.org
Who is the CEO of Actuate Boise Inc?
Tiam Rastegar is the Executive Director of Actuate Boise Inc.
Official website here: www.trailheadboise.org
What is the revenue of Actuate Boise Inc?
Actuate Boise Inc's revenue in 2022 was $893,819.
Official website here: www.trailheadboise.org
Who are the executives of Actuate Boise Inc and what are their salaries?
The average compensation at Actuate Boise Inc during 2022 was $32,579. There are 8 employees and 20 volunteers at Actuate Boise Inc.
Here are 13 key members and their salaries:
- Compensation: $137,645
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- Other: $16,530
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Official website here: www.trailheadboise.org
Where can I find the form 990 for Actuate Boise Inc?
Actuate Boise Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trailheadboise.org
Learn more at the official website: www.trailheadboise.org
Mission Statement of Actuate Boise Inc
Actuate Boise Inc, through its initiative known as The Trailhead, serves as a collaborative professional space that encourages gathering, connecting, and learning among aspiring entrepreneurs in the Boise area. The primary mission of Actuate Boise Inc is to foster the development of the next generation of successful businesses. To achieve this, The Trailhead provides a variety of programming offerings to its members and the broader Boise community. These programs are designed to help entrepreneurs enhance their skills and establish valuable connections, thereby increasing the likelihood of business success.
The offerings at The Trailhead are categorized into three main groups: membership programs, general programs, and miscellaneous events. Membership programs offer exclusive benefits and resources to members, such as networking opportunities, workshops, and mentoring sessions. General programs are open to the public and feature educational talks, workshops, and pitch competitions. Miscellaneous events may include seminars, panel discussions, and social gatherings. By participating in these activities, entrepreneurs can expand their knowledge, hone their skills, and connect with like-minded individuals, all of which can contribute to the success of their businesses.
One of the most notable events organized by Actuate Boise Inc is Boise Startup Week (BSW). This annual event attracts entrepreneurs from across Idaho and features a series of educational talks, workshops, and pitch competitions. BSW aims to foster and grow the entrepreneurial community in Boise, providing a platform for aspiring business owners to learn, connect, and showcase their ideas. In 20XX, BSW awarded $72,000 in grant money as prizes for the winners of various pitch competitions, offering a significant boost to the winning ventures.
In summary, Actuate Boise Inc, through The Trailhead, plays a vital role in the Boise entrepreneurial community by providing a platform for learning, networking, and skill development. The organization's mission is to help entrepreneurs develop the skills and connections needed to increase the likelihood of business success, and events such as Boise Startup Week demonstrate their commitment to this goal.
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Impact
July, 2024
Actuate Boise Inc's impact can be seen in its efforts to foster and grow the entrepreneurial community in Boise, Idaho. Through initiatives like Boise Startup Week, the organization provides opportunities for entrepreneurs to learn, connect, and compete for grant money to support their business ideas. By offering a collaborative professional space at The Trailhead and organizing educational talks, workshops, and pitch competitions, Actuate Boise Inc is actively contributing to the development of the next generation of business successes in the Boise area.
This information is meant to be a general summary of Actuate Boise 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 2022.
- Investment Income: $8
- Program Service Revenue: $113,890
- Gross Receipts: $893,819
Assets and Liabilities:
- Total Assets: $95,551
- Total Liabilities: $29,560
- Net Assets: $65,991
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$97,104
PROGRAM SERVICES
Revenue
$16,786
Organization Details
Founding Year
2014
Phone
(208) 344-5483Principal Officer
Tiam Rastegar
Main Address
500 S 8TH STREET, BOISE, ID, 83702
Website
www.trailheadboise.orgNTEE Category
Code: S80 - Community improvement
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