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Idea For Africa

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

EIN: 472356595 ✦ Norton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Idea For Africa?

Idea For Africa is a nonprofit organization that focuses on fostering entrepreneurship among young individuals in various African countries. Their primary objective is to promote entrepreneurial education and provide support to emerging youth entrepreneurs on the continent. While specific details about their activities or mission are not provided, it can be inferred that their work is centered around nurturing and empowering young African entrepreneurs, contributing to the continent's economic growth and development.

Is Idea For Africa legitimate?

Idea For Africa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idea For Africa submitted a form 990EZ, 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.

What is the mission statement of Idea For Africa?

Idea For Africa's mission is centered around promoting youth entrepreneurship, primarily in various African countries. The organization focuses on advocating for entrepreneurship education and providing support to budding entrepreneurs within this continent. Their goal is to foster a conducive environment that nurtures the growth of young business owners, thereby driving economic development and self-sustainability.

Who is the CEO of Idea For Africa?

Dennis M Hanno is the President of Idea For Africa.

What is the revenue of Idea For Africa?

Idea For Africa's revenue in 2020 was $111,721.

Who are the executives of Idea For Africa and what are their salaries?


Here are 15 key members and their salaries:


Dennis M Hanno (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Zacharias (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Obrien (Board Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Smith (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Jordan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Mcquaid (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Lowry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Swersky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Schlesinger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabelle Byusa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Herlihy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lapoint (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Sajedi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Schwartz (Chief Operating Officer)
  • Compensation: $25,006
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Idea For Africa?

Idea For Africa's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Idea For Africa

Idea For Africa, a nonprofit organization, is dedicated to fostering youth entrepreneurship in various African nations. Its primary objective is to advance entrepreneurship education and empower young individuals to develop and grow their own businesses primarily on the African continent. By promoting entrepreneurial skills and providing support, Idea For Africa aims to contribute to the economic development of these countries and provide opportunities for young people to improve their lives.

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Impact




October, 2024

Idea For Africa is making a significant impact by promoting youth entrepreneurship across various African countries. By focusing on entrepreneurship education, the organization empowers young individuals with the knowledge and skills necessary to create their own businesses and drive economic growth within their communities. This initiative fosters innovation and provides critical support to youth entrepreneurs, enabling them to navigate the challenges of starting and running a business.

Through its programs, Idea For Africa nurtures a spirit of entrepreneurship, encouraging young people to pursue their ideas and transform them into viable enterprises. This not only enhances their individual economic prospects but also contributes to community improvement. As young entrepreneurs thrive, they create jobs, stimulate local economies, and inspire others in their communities to follow suit.

By promoting and supporting the development of youth entrepreneurs, Idea For Africa is helping to lay the foundation for a more resilient and dynamic economic landscape in Africa, ensuring that young people have the tools and resources they need to succeed and make a difference in their communities.




This information is meant to be a general summary of Idea For Africa. 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
$111,721 (2020)
Expenses
$123,748 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

    Assets and Liabilities:

    • Total Assets: $39,944
    • Total Liabilities: $5,406
    • Net Assets: $34,538

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    Organization Details

    Principal Officer

    Dennis M Hanno

    Main Address

    PO BOX 1243, NORTON, MA, 02766

    NTEE Category

    Code: S31 - Community improvement

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