Overview
What is 36 Degrees North Co?
36 Degrees North Co is a charitable organization situated in Tulsa, Oklahoma, dedicated to supporting and educating aspiring entrepreneurs. Their primary mission is to foster economic growth and employment opportunities in the region. To achieve this, they allocate approximately one-third of their time to three main activities: education, networking, and mentoring. Their educational offerings include classes, workshops, and talks from industry experts, delivered by the organization's team, representatives from partner organizations such as Oklahoma State University, and other professionals. These sessions cater to a broad audience, occurring multiple times a week throughout the year and at various times to accommodate potential entrepreneurs' schedules. By providing this expertise, 36 Degrees North empowers aspiring entrepreneurs, helping them gain invaluable knowledge and skills in their respective fields. The nonprofit operates with a workforce of 23 individuals, located at 36 East Cameron Street, Tulsa, OK 74103.
Official website here: www.36degreesnorth.co
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
36 Degrees North Co has demonstrated a solid performance with an overall score of 82%, reflecting its commitment to accountability and finance. The organization benefits from a fully independent board, strong ratios indicating program expense efficiency, and no material diversion of assets, which are positive indicators of its financial health and governance practices.
However, there are some limitations highlighted in the data. Notably, the absence of a whistleblower policy and a document retention and destruction policy has resulted in a lower score in these areas, which could affect transparency and oversight. Additionally, the organization’s fundraising efficiency ratio is quite low, indicating potential challenges in raising funds relative to the expenses incurred.
Despite its strengths in program spending and governance, the noted weaknesses in policy and fundraising efficiency suggest areas where 36 Degrees North Co could improve to enhance overall effectiveness and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about 36 Degrees North Co?
96% of 44 reviewers on Facebook recommend 36 Degrees North Co. Here is a summary of their reviews:
The nonprofit is praised for providing an excellent work environment that supports new entrepreneurs. Many users appreciate the comprehensive resources available to launch and grow a business, highlighting the organization’s commitment to fostering innovation and collaboration among its members.
Overall, the sentiment is overwhelmingly positive, with a strong emphasis on its supportive community and the essential tools it offers. People feel that 36 Degrees North Co truly lives up to its mission of empowering entrepreneurs.
This AI summary has been generated from reviews found on Facebook.
Is 36 Degrees North Co legitimate?
36 Degrees North Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. 36 Degrees North Co 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: $325,226
Professional Fundraising Fees: $0
Other Salaries and Wages: $365,660
For more financial information, click here
Official website here: www.36degreesnorth.co
What is the mission statement of 36 Degrees North Co?
36 Degrees North Co exists with the charitable purpose of educating and supporting aspiring entrepreneurs. The organization allocates a significant portion of its time to three primary activities: education, networking, and mentoring. The education activities involve conducting classes, workshops, and speaker sessions for aspiring entrepreneurs, led by the organization's staff, representatives from partner organizations, and industry experts. These sessions occur multiple times a week throughout the year, at various times of day, aiming to reach a broad audience of potential entrepreneurs. The education activities aim to develop specific expertise in a particular trade, interest, or experience that is not readily attainable for aspiring entrepreneurs.
Official website here: www.36degreesnorth.co
Who is the CEO of 36 Degrees North Co?
Thomas Devon Laney is the Chair of 36 Degrees North Co. The CEO's salary of 36 Degrees North Co is $240,000 and their total compensation is $240,000.
Official website here: www.36degreesnorth.co
What is the revenue of 36 Degrees North Co?
36 Degrees North Co's revenue in 2022 was $2,798,491.
Official website here: www.36degreesnorth.co
Who are the executives of 36 Degrees North Co and what are their salaries?
The average compensation at 36 Degrees North Co during 2022 was $30,039. There are 23 employees at 36 Degrees North Co.
Here are 25 key members and their salaries (36 Degrees North Co's CEO's salary is $240,000 and their total compensation is $240,000):
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Official website here: www.36degreesnorth.co
Where can I find the form 990 for 36 Degrees North Co?
36 Degrees North Co's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.36degreesnorth.co
Learn more at the official website: www.36degreesnorth.co
Mission Statement of 36 Degrees North Co
36 Degrees North Co exists with a charitable purpose of educating and supporting aspiring entrepreneurs. The organization allocates a significant portion of its time to three main activities: education, networking, and mentoring. In the realm of education, 36 Degrees North Co conducts classes, workshops, and speaker sessions for budding entrepreneurs. These sessions are led by the organization's staff, representatives from partner organizations such as Oklahoma State University, and industry experts. The education activities are designed to provide expertise in specific trades, interests, or experiences that may not be readily attainable elsewhere. These educational activities occur multiple times per week throughout the year and at various times of the day, reaching a broad audience of potential entrepreneurs.
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Impact
July, 2024
36 Degrees North Co's impact can be seen in the way it supports aspiring entrepreneurs in Tulsa and the region. Through its educational programs, networking events, and mentoring sessions, the organization plays a key role in advancing economic opportunity and employment in the community. By providing classes, workshops, speakers, and one-on-one guidance, 36 Degrees North Co equips individuals with the knowledge and support needed to succeed in their entrepreneurial endeavors. This commitment to education and mentorship not only benefits the aspiring entrepreneurs directly involved but also contributes to the overall improvement of the community by fostering innovation and economic growth.
This information is meant to be a general summary of 36 Degrees North Co. 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: $384,645
- Gross Receipts: $2,798,491
Assets and Liabilities:
- Total Assets: $3,353,442
- Total Liabilities: $214,307
- Net Assets: $3,139,135
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIPS
Revenue
$319,900
OFFICE SPACE RENTAL IN
Revenue
$64,745
Organization Details
Founding Year
2016
Phone
(918) 844-3550Principal Officer
Thomas Devon Laney
Main Address
36 EAST CAMERON ST, TULSA, OK, 74103
Website
www.36degreesnorth.coNTEE Category
Code: S30 - Community improvement
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