Overview
What is United States Association For Small Business And Entrepreneurship?
The United States Association for Small Business and Entrepreneurship is a nonprofit organization situated in Decatur, Illinois. Their primary mission is to foster entrepreneurship education, achieving this goal through teaching, research, and practical application. The association organizes an annual conference, providing a platform for its members to share insights and success stories. With a modest workforce of three individuals, the United States Association for Small Business and Entrepreneurship serves as a vibrant community dedicated to promoting entrepreneurship education through innovative teaching methods, scholarship, and hands-on practice.
Official website here: www.usasbe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating
The United States Association for Small Business and Entrepreneurship has received a 73% rating from Charity Navigator, indicating a Two-Star rating. This score reflects a focus on Accountability & Finance, where the organization performed well in most areas, including having an independent board and effective financial oversight. However, certain areas, such as the absence of a whistleblower policy, might raise concerns about overall governance practices.
The organization has demonstrated strengths in financial transparency with no material diversion of assets and a solid liabilities to assets ratio of 18.71%. Additionally, the board consists entirely of independent members, which enhances accountability. However, the program expense ratio stands at 54.42%, suggesting that a significant portion of funding is not going directly to program services, which may affect perceptions of efficiency.
While the organization showcases strong governance practices, the noted absence of a whistleblower policy and relatively low program expense ratio could limit its effectiveness and trustworthiness in the eyes of potential donors and stakeholders. As a result, while there are commendable aspects, there are also areas needing improvement for greater impact and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is United States Association For Small Business And Entrepreneurship legitimate?
United States Association For Small Business And Entrepreneurship is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Association For Small Business And Entrepreneurship 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: $130,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,569
For more financial information, click here
Official website here: www.usasbe.org
What is the mission statement of United States Association For Small Business And Entrepreneurship?
The United States Association for Small Business and Entrepreneurship (USASBE) is dedicated to advancing entrepreneurship education. They accomplish this goal through teaching, scholarship, and practice, fostering an inclusive community. The organization's mission is boldly expressed through its commitment to promoting entrepreneurship education, encouraging best practices, and celebrating achievements in research, teaching, and programmatic practice. Annually, USASBE hosts a conference for its members to gather and share their successes, furthering the collective growth and development in this field.
Official website here: www.usasbe.org
Who is the CEO of United States Association For Small Business And Entrepreneurship?
Julie Shields is the Chair of United States Association For Small Business And Entrepreneurship.
Official website here: www.usasbe.org
What is the revenue of United States Association For Small Business And Entrepreneurship?
United States Association For Small Business And Entrepreneurship's revenue in 2022 was $560,864.
Official website here: www.usasbe.org
Who are the executives of United States Association For Small Business And Entrepreneurship and what are their salaries?
The average compensation at United States Association For Small Business And Entrepreneurship during 2022 was $74,023. There are 3 employees and 65 volunteers at United States Association For Small Business And Entrepreneurship.
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- Compensation: $132,253
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Official website here: www.usasbe.org
Where can I find the form 990 for United States Association For Small Business And Entrepreneurship?
United States Association For Small Business And Entrepreneurship's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usasbe.org
Learn more at the official website: www.usasbe.org
Mission Statement of United States Association For Small Business And Entrepreneurship
The United States Association for Small Business and Entrepreneurship, abbreviated as USASBE, is committed to advancing entrepreneurship education through teaching, scholarship, and practice. This inclusive community fosters bold initiatives in entrepreneurship education, encouraging the sharing of best practices and achievements in research, teaching, and programmatic practice. The organization's annual conference serves as a platform for its members to gather, engage, and learn from one another, ultimately contributing to the collective growth and success in the realm of entrepreneurship education.
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Impact
July, 2024
The United States Association For Small Business And Entrepreneurship is making a significant impact by advancing entrepreneurship education through teaching, scholarship, and practice. By organizing an annual conference for its members to share best practices and achievements in research, teaching, and programmatic practice, USASBE is fostering a community that is dedicated to improving entrepreneurship education. Through its mission of inclusive community advancement, USASBE is actively contributing to the enhancement of entrepreneurial skills and knowledge, ultimately leading to the betterment of communities.
This information is meant to be a general summary of United States Association For Small Business And Entrepreneurship. 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: $519,260
- Gross Receipts: $587,134
Assets and Liabilities:
- Total Assets: $901,387
- Total Liabilities: $106,991
- Net Assets: $794,396
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP REVENUE
Revenue
$210,484
CONFERENCE FEES
Revenue
$157,114
MEMBERSHIP DUES
Revenue
$91,297
CERTIFICATES AND COURSES
Revenue
$52,908
PUBLICATION
Revenue
$7,457
Organization Details
Founding Year
1983
Phone
(202) 381-9330Principal Officer
Julie Shields
Main Address
100 N MERCHANT STREET, DECATUR, IL, 62523
Website
www.usasbe.orgNTEE Category
Code: S30 - Community improvement
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