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Inco Community Inc Fkacalso Community Inc

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

EIN: 465306699 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Inco Community Inc Fkacalso Community Inc?

Inco Community Inc Fkacalso Community Inc, a 501(c)(3) nonprofit organization based in San Francisco, California, is dedicated to empowering individuals from disadvantaged and marginalized backgrounds. Through innovative and sustainable business models, they aim to address social and environmental challenges, specifically focusing on issues like access to quality education, livable jobs, primary healthcare, and affordable housing. Their workforce development programs address unemployment in the Bay Area by bridging skills gaps with educational and employment services. Additionally, Inco Community supports social entrepreneurs and nonprofit organizations through accelerators, providing resources and guidance to help these entities thrive. With the aid of the Google.org Fund and Social Tides Foundation, they established a Solutions Fund program, offering two tracks for aspiring social entrepreneurs – the Aspire Track and the Grow Track – which provide business knowledge, networking opportunities, and financial aid. The organization currently has 3 employees.


Official website here: www.inco.us

Is Inco Community Inc Fkacalso Community Inc legitimate?

Inco Community Inc Fkacalso Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inco Community Inc Fkacalso Community 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: $51,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $171,441

For more financial information, click here


Official website here: www.inco.us

What is the mission statement of Inco Community Inc Fkacalso Community Inc?

Inco Community Inc, formerly known as Calso Community Inc, is a 501(c)(3) nonprofit organization with a mission to empower disadvantaged and marginalized populations. This organization aims to break the barriers these groups face in their pursuit of success, which may include issues like access to education, employment, healthcare, or affordable housing. By adopting a double-bottom-line approach based on innovative and sustainable business models, Inco Community Inc aspires to help each individual reach their full potential, enabling them to thrive. The organization operates in two main verticals: workforce development programs to address unemployment issues in certain areas by reducing skills gaps and providing educational and employment services, and supporting social entrepreneurs and nonprofit organizations through accelerators.


Official website here: www.inco.us

Who is the CEO of Inco Community Inc Fkacalso Community Inc?

Nicolas Hazard is the CEO of Inco Community Inc Fkacalso Community Inc The CEO's salary of Inco Community Inc Fkacalso Community Inc is $0 and their total compensation is $0.


Official website here: www.inco.us

What is the revenue of Inco Community Inc Fkacalso Community Inc?

Inco Community Inc Fkacalso Community Inc's revenue in 2022 was $2,326,136.


Official website here: www.inco.us

Who are the executives of Inco Community Inc Fkacalso Community Inc and what are their salaries?

The average compensation at Inco Community Inc Fkacalso Community Inc during 2022 was $74,418. There are 3 employees and 10 volunteers at Inco Community Inc Fkacalso Community Inc.

Here are 8 key members and their salaries (Inco Community Inc Fkacalso Community Inc's CEO's salary is $0 and their total compensation is $0):


Nicolas Hazard (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Walsh (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Wallenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mawuena Tendar (Board Member/Board Secreta)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ferrari As Of 1 Oct 2020 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Kum As Of 1 Oct 2020 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Christensen As Of 1 Oct 202 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thibault Kheres (Chief Financial Officer)
  • Compensation: $0
  • Related: $51,814
  • Other: $0


Official website here: www.inco.us

Where can I find the form 990 for Inco Community Inc Fkacalso Community Inc?

Inco Community Inc Fkacalso Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inco.us

Learn more at the official website: www.inco.us

Mission Statement of Inco Community Inc Fkacalso Community Inc

Inco Community Inc, formerly known as Fkacalso Community Inc, is a 501(c)(3) nonprofit organization with a mission to empower disadvantaged and marginalized populations. This mission is centered around breaking the barriers these groups face on their path to success. These challenges encompass various aspects of life, such as access to quality education, livable jobs, primary healthcare, and affordable housing. Inco Community Inc aspires to help each individual reach their full potential, enabling them to thrive.

The organization follows a double-bottom-line approach, which is based on innovative and sustainable business models. These models are designed to address the most pressing social and environmental issues of today. Inco Community Inc has two main verticals where it focuses its efforts. One of these verticals involves workforce development programs. The goal is to tackle the unemployment issue in the Bay Area by reducing skills gaps. Through its programs, Inco Community Inc provides educational and employment services to those in need.

The second vertical of Inco Community Inc involves supporting social entrepreneurs and nonprofit organizations. This is achieved through accelerators, which provide the necessary resources to help these entities grow and succeed. By fostering these organizations, Inco Community Inc contributes to the broader goal of empowering individuals and breaking the barriers that hinder their success. Overall, Inco Community Inc is committed to helping disadvantaged populations reach their potential and thrive in various aspects of life.

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Impact




October, 2024

Inco Community Inc, also known as Fkacalso Community Inc, significantly impacts social entrepreneurship and workforce development, particularly among disadvantaged and marginalized populations. By offering tailored support through its Solutions Fund program, Inco empowers individuals to realize their potential and contribute to the economy.

The organization has established two key tracks for aspiring social entrepreneurs: the Aspire Track and the Grow Track. The Aspire Track offers a focused, two-month program designed to help entrepreneurs refine their business ideas and gain essential knowledge. Conversely, the Grow Track provides an intensive eight-month curriculum that encompasses more comprehensive support, networking opportunities, and practical experience in creating actionable steps for business development.

With a successful record, Inco has positively influenced numerous participants; for instance, the Grow Program currently involves 33 entrepreneurs from 12 countries, fostering an enriched collaborative environment. Meanwhile, 37 individuals have graduated from the Aspire Program, with a notable percentage (57%) being female entrepreneurs, highlighting Inco’s commitment to gender inclusivity.

Financially, the organization has made a substantial impact, distributing approximately $209,000 in funding to bolster participants' ventures, averaging around $5,650 per individual. This targeted financial aid aims to ensure the best possible outcomes for aspiring entrepreneurs after they complete their respective programs.

Inco Community’s dual focus on workforce development and support for social entrepreneurs addresses critical societal challenges. By reducing skills gaps and enhancing access to educational and employment services, the organization not only works to combat unemployment in the Bay Area but also equips socially conscious businesses with the tools and resources they need to thrive, ultimately contributing to the health and sustainability of the local economy.




This information is meant to be a general summary of Inco Community Inc Fkacalso Community 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
$2,326,136 (2022)
Expenses
$9,546,664 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,364
  • Gross Receipts: $2,326,136

Assets and Liabilities:

  • Total Assets: $1,192,973
  • Total Liabilities: $395,828
  • Net Assets: $797,145

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Organization Details

Founding Year

2014

Principal Officer

Nicolas Hazard

NTEE Category

Code: J20 - Employment

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