Overview
What is Let's Innovate Through Education?
Let's Innovate Through Education, located at 2400 Poplar Ave Suite 318, Memphis, TN 38112, is a nonprofit organization dedicated to empowering African American and Latino high school students. Their mission is to equip these students with 21st-century skills, such as problem-solving, organization, goal setting, networking, communication, and financial literacy. This is achieved through the LITE Finalist Program, an entrepreneurial initiative that encourages students to design innovative projects. The program encourages students to gather customer feedback, create a brand and logo, and implement their projects within the community. The program culminates in a Demo Day, where students present their ideas to the community. With a team of 13 individuals, Let's Innovate Through Education aims to foster wealth creation through entrepreneurship among its target demographic.
Official website here: www.litememphis.org/
Is Let's Innovate Through Education legitimate?
Let's Innovate Through Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Let's Innovate Through Education 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,329
For more financial information, click here
Official website here: www.litememphis.org/
What is the mission statement of Let's Innovate Through Education?
Let's Innovate Through Education's mission is centered around equipping African American and Latino students with essential 21st-century skills. The organization aims to empower these students to build wealth through entrepreneurship. Their mission is carried out through the LITE Finalist Program, which focuses on teaching students problem-solving, organization, goal-setting, networking, communication, and financial literacy. The program involves students designing entrepreneurial ideas, gathering customer feedback, creating a brand and logo, and implementing their projects in the community. The program culminates with a Demo Day, where students present their ideas to the community.
Official website here: www.litememphis.org/
Who is the CEO of Let's Innovate Through Education?
Larissa Gregory is the Trustee of Let's Innovate Through Education.
Official website here: www.litememphis.org/
What is the revenue of Let's Innovate Through Education?
Let's Innovate Through Education's revenue in 2022 was $428,944.
Official website here: www.litememphis.org/
Who are the executives of Let's Innovate Through Education and what are their salaries?
The average compensation at Let's Innovate Through Education during 2022 was $28,025. There are 13 employees and 60 volunteers at Let's Innovate Through Education.
Here are 15 key members and their salaries:
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Official website here: www.litememphis.org/
Where can I find the form 990 for Let's Innovate Through Education?
Let's Innovate Through Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.litememphis.org/
Learn more at the official website: www.litememphis.org/
Mission Statement of Let's Innovate Through Education
Let's Innovate Through Education, a nonprofit organization, is committed to empowering African American and Latino students by equipping them with 21st-century skills. Their mission is to foster wealth creation through entrepreneurship. By participating in the LITE Finalist Program, high school students gain essential skills such as problem-solving, organization, goal setting, networking, communication, and financial literacy. Through this program, students design entrepreneurial ideas, gather customer feedback, create a brand and logo, and implement their projects in their communities. The program culminates with a Demo Day, where students present their ideas to community members, showcasing their innovation and potential for success. Let's Innovate Through Education aims to provide these students with the tools they need to build a prosperous future.
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Impact
October, 2024
Let's Innovate Through Education empowers African American and Latinx students by equipping them with essential 21st-century skills that foster entrepreneurship and wealth creation. The LITE Finalist Program plays a crucial role in this transformation by offering high school students the opportunity to design entrepreneurial ideas while mastering key competencies such as problem-solving, organization, goal setting, networking, communication, and financial literacy.
Participants engage in hands-on experiences that include gathering customer feedback, creating a brand and logo, and implementing their projects within the community. This practical approach not only bolsters their confidence but also enhances their understanding of the entrepreneurial process. The program culminates in a Demo Day, where students have the chance to pitch their innovative ideas to community members, further refining their presentation skills and receiving valuable feedback.
The impact of this initiative extends beyond individual empowerment; it fosters a culture of innovation and creativity within communities. By nurturing the entrepreneurial spirit in these students, Let's Innovate Through Education contributes to the economic advancement of underrepresented populations in Memphis, TN, and prepares the next generation of leaders to thrive in an increasingly competitive world.
This information is meant to be a general summary of Let's Innovate Through Education. 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.
- Gross Receipts: $428,944
Assets and Liabilities:
- Total Assets: $211,246
- Total Liabilities: $11,349
- Net Assets: $199,897
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Organization Details
Founding Year
2015
Phone
(901) 426-8954Principal Officer
Larissa Gregory
Main Address
2400 POPLAR AVE SUITE 318, MEMPHIS, TN, 38112
Website
www.litememphis.org/NTEE Category
Code: B80 - Education
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