Overview
What is Small Business Research Institute?
Small Business Research Institute is a nonprofit organization located at 11709 ROE AVE D 111, Leawood, Kansas. Their primary mission is to support and improve entrepreneurial education and success through the Certified Entrepreneurial Advisor (CEA) program. This program consists of various courses designed to empower business advisors and entrepreneurs, particularly those from disadvantaged and minority backgrounds. The institute continues to enhance its courses using a new online platform and is currently developing new curriculum for its members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (44%)
The Small Business Research Institute has received a Zero-Star out of Four Star rating due to a low overall score of 44%. While the organization demonstrates strengths in areas such as having a majority of independent board members and a proper conflict of interest policy, it falls short in critical financial performance metrics. Notably, the program expense ratio is only 27.80%, indicating that a significant portion of its resources may not be directed towards its programs.
Additionally, the institute has not made its tax form accessible on its website, which is a key transparency metric that detracts from its accountability score. Although there are no material diversions of assets, the lack of sufficient independent board members and the poor liabilities to assets ratio raise concerns regarding its financial health and governance structure.
In summary, while the Small Business Research Institute fulfills some governance requirements, its overall financial performance and transparency practices are significantly lacking, which is reflected in its low rating. Potential donors and stakeholders may want to exercise caution and seek further information before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Small Business Research Institute legitimate?
Small Business Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Small Business Research Institute 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: $31,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Small Business Research Institute?
The Small Business Research Institute supports the Certified Entrepreneurial Advisor (CEA) education and certification program, which consists of courses aimed at enhancing the success of business advisors and entrepreneurs in small businesses. Particularly beneficial for disadvantaged and minority groups, this program provides them with the necessary tools to thrive in the business world. The institute continues to improve and update the courses through a new internet platform and interface, while new curriculum is being developed for its members.
Who is the CEO of Small Business Research Institute?
Matt Heintz is the Horton of Small Business Research Institute.
What is the revenue of Small Business Research Institute?
Small Business Research Institute's revenue in 2022 was $525.
Who are the executives of Small Business Research Institute and what are their salaries?
There 2 volunteers at Small Business Research Institute.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $42,000
- Related: $0
- Other: $0
Where can I find the form 990 for Small Business Research Institute?
Small Business Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Small Business Research Institute
The Small Business Research Institute, as stated, is dedicated to sponsoring the Certified Entrepreneurial Advisor (CEA) education and certification program. This program consists of courses designed to enhance the success of business advisors and entrepreneurs, particularly benefiting disadvantaged and minority groups in the small business sector. The institute's mission involves providing education and certification opportunities that empower individuals to excel in their entrepreneurial pursuits. The program's effectiveness is continually improved and supported by a new internet platform and interface, with new curriculum being developed for its members.
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Impact
October, 2024
The Small Business Research Institute plays a significant role in enhancing the skills and success of business advisors and entrepreneurs, particularly among disadvantaged communities and minorities. By sponsoring the Certified Entrepreneurial Advisor (CEA) education and certification program, the organization provides access to a comprehensive suite of courses designed to empower individuals with the knowledge and tools necessary for thriving in the small business landscape.
Their commitment to improving the curriculum and utilizing a new internet platform ensures that resources remain relevant and effective. This dynamic approach fosters a learning environment that adapts to the changing needs of entrepreneurs and advisors, ultimately driving greater success in their ventures. As a result, the Small Business Research Institute not only equips individuals with critical business skills but also contributes to the broader economic vitality of the communities they serve.
This information is meant to be a general summary of Small Business Research Institute. 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.
- Program Service Revenue: $525
- Gross Receipts: $525
Assets and Liabilities:
- Total Assets: $180,407
- Total Liabilities: $0
- Net Assets: $180,407
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL COURSES
Revenue
$525
Organization Details
Founding Year
2014
Phone
(913) 498-0654Principal Officer
Matt Heintz
Main Address
11709 ROE AVE D 111, LEAWOOD, KS, 66211
NTEE Category
Code: B28 - Education
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