Overview
What is Entrepreneurship For All Inc?
Entrepreneurship For All Inc is a 501(c)(3) nonprofit organization based in Lowell, Massachusetts. The organization aims to stimulate economic growth and job creation in under-resourced mid-sized cities by promoting entrepreneurship. They focus on increasing visibility of entrepreneurship within these communities and providing training to aspiring entrepreneurs, especially those from low-income, low-education, or unemployed backgrounds, or those planning to start businesses in underserved or disadvantaged areas. Their initiatives include awareness building, training and support, providing resources, and access to capital, as well as non-English speaking programs for underprivileged residents who do not speak English as a first language. The organization's goal is to accelerate economic and social impact through inclusive entrepreneurship nationwide.
Official website here: www.eforall.org
What do the Facebook reviews say about Entrepreneurship For All Inc?
98% of 36 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Many participants express profound gratitude for the transformative experience provided by Entrepreneurship For All Inc. The entrepreneur accelerator program is highlighted as life-changing, offering invaluable support and resources that empower individuals to pursue their passions and build sustainable careers. Reviewers commend the staff, noting their brilliance, creativity, and unwavering support, which fosters a nurturing environment for personal and professional growth.
Overall, the sentiment is overwhelmingly positive, with individuals feeling inspired and equipped to navigate their entrepreneurial journeys. The impact of the program is evident, as many alumni credit it with helping them realize their potential and achieve their goals, reinforcing the organization's commitment to uplifting aspiring entrepreneurs.
This AI summary has been generated from reviews found on Facebook.
Is Entrepreneurship For All Inc legitimate?
Entrepreneurship For All Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Entrepreneurship For All 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: $784,529
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,267,389
For more financial information, click here
Official website here: www.eforall.org
What is the mission statement of Entrepreneurship For All Inc?
Entrepreneurship For All Inc, as a non-profit organization, aims to boost economic and social impact in communities nationwide through inclusive entrepreneurship. The mission of Entrepreneurship For All, Inc. is to accelerate this impact by fostering entrepreneurial growth and job creation in under-resourced mid-sized cities. The organization achieves this by raising the visibility of entrepreneurship within these communities and providing training to aspiring entrepreneurs, giving them a higher likelihood of success with their ventures. Strong preference is given to candidates residing in or planning to start businesses in underserved or disadvantaged communities. The organization pursues its charitable objectives through various means, including awareness building, training and support, resource provision, and non-English speaking programs.
Official website here: www.eforall.org
Who is the CEO of Entrepreneurship For All Inc?
Meralis Hood is the CEO of Entrepreneurship For All Inc The CEO's salary of Entrepreneurship For All Inc is $288,497 and their total compensation is $306,432.
Official website here: www.eforall.org
What is the revenue of Entrepreneurship For All Inc?
Entrepreneurship For All Inc's revenue in 2023 was $8,580,906.
Official website here: www.eforall.org
Who are the executives of Entrepreneurship For All Inc and what are their salaries?
The average compensation at Entrepreneurship For All Inc during 2023 was $62,391. There are 97 employees and 1741 volunteers at Entrepreneurship For All Inc.
Here are 15 key members and their salaries (Entrepreneurship For All Inc's CEO's salary is $288,497 and their total compensation is $306,432):
- Compensation: $288,497
- Related: $0
- Other: $17,935
- Compensation: $233,338
- Related: $0
- Other: $17,935
- Compensation: $155,618
- Related: $0
- Other: $1,920
- Compensation: $133,206
- Related: $0
- Other: $0
- Compensation: $127,466
- Related: $0
- Other: $3,859
- Compensation: $102,006
- Related: $0
- Other: $4,984
- Compensation: $102,948
- Related: $0
- Other: $2,547
- Compensation: $57,740
- Related: $0
- Other: $4,209
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.eforall.org
Where can I find the form 990 for Entrepreneurship For All Inc?
Entrepreneurship For All Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eforall.org
Learn more at the official website: www.eforall.org
Mission Statement of Entrepreneurship For All Inc
Entrepreneurship For All Inc, a 501(c)(3) organization, is committed to accelerating economic and social impact in communities nationwide through inclusive entrepreneurship. The mission of this nonprofit is to foster economic growth and job creation in under-resourced mid-sized cities. By raising the visibility of entrepreneurship within these communities, Entrepreneurship For All Inc aims to empower aspiring entrepreneurs, particularly those residing in or intending to start businesses in underserved or disadvantaged areas.
To achieve its charitable objectives, Entrepreneurship For All Inc implements several strategies. Firstly, it focuses on awareness building among low-income, low-education level, or unemployed residents, providing them with access to resources and non-English speaking programs. Secondly, the organization offers training and support, hosting accelerator programs for individuals aspiring to launch a new business or nonprofit. These programs aim to increase the likelihood of success for these entrepreneurs.
Thirdly, Entrepreneurship For All Inc provides access to resources, including capital for accelerator program graduates, office space, and related services. Lastly, the nonprofit offers non-English speaking programs to engage underprivileged residents who do not speak English as a first language. By implementing these strategies, Entrepreneurship For All Inc seeks to promote inclusive entrepreneurship, ultimately accelerating economic and social impact in communities across the nation.
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Impact
October, 2024
Entrepreneurship For All Inc has a significant impact on economic and social development in underserved communities across the nation. By focusing on inclusive entrepreneurship, the organization empowers aspiring business owners from low-income and disadvantaged backgrounds, enhancing their ability to succeed in launching new ventures.
Through targeted awareness-building efforts, EforAll reaches individuals with low education levels or those who are unemployed, informing them about the opportunities entrepreneurship can provide. The organization tailors its programs to address language barriers, ensuring that non-English speakers also have access to essential resources.
EforAll’s comprehensive approach includes accelerator programs that offer training and guidance to entrepreneurs, increasing their likelihood of success. Graduates of these programs gain access to crucial resources, including capital and office space, thereby fostering a supportive ecosystem for new businesses.
By raising the visibility of entrepreneurship in mid-sized cities, EforAll not only promotes economic growth and job creation but also contributes to the social fabric of these communities, ultimately leading to a more equitable economic landscape.
This information is meant to be a general summary of Entrepreneurship For All 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 2023.
- Investment Income: $290,004
- Gross Receipts: $8,580,906
Assets and Liabilities:
- Total Assets: $10,717,760
- Total Liabilities: $1,000,108
- Net Assets: $9,717,652
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Organization Details
Founding Year
2014
Principal Officer
Meralis Hood
Website
www.eforall.orgNTEE Category
Code: S43 - Community improvement
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