Overview
What is Astia?
Astia, based in San Francisco, California, is a nonprofit organization with a mission to empower women entrepreneurs. They achieve this by offering investment opportunities and networking resources to companies that meet their criteria, which includes having women leaders at the time of investment. Astia manages this program through their Astia Connect software platform, and a portion of their fees and carried interest supports other programs like Astia Access and Astia Research. With approximately eight employees, Astia is committed to fostering an inclusive environment for women in the entrepreneurial sector.
Official website here: www.astia.org
Is Astia legitimate?
Astia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Astia 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: $419,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $335,735
For more financial information, click here
Official website here: www.astia.org
What is the mission statement of Astia?
Astia, a community of experts, is committed to leveling the playing field for women entrepreneurs by providing them with access to essential resources such as capital and networks. This is achieved by supporting companies led by women, offering them opportunities to secure investments through programs like Astia Investments. This program, managed via the Astia Connect software platform, invests in companies that meet specific criteria and include women leaders at the time of investment. The fees and carried interest from this program contribute to funding both Astia Access and Astia Research programs.
Official website here: www.astia.org
Who is the CEO of Astia?
Sharon Vosmek is the CEO of Astia The CEO's salary of Astia is $145,912 and their total compensation is $164,087.
Official website here: www.astia.org
What is the revenue of Astia?
Astia's revenue in 2023 was $1,093,751.
Official website here: www.astia.org
Who are the executives of Astia and what are their salaries?
The average compensation at Astia during 2023 was $125,949. There are 6 employees and 5500 volunteers at Astia.
Here are 12 key members and their salaries (Astia's CEO's salary is $145,912 and their total compensation is $164,087):
- Compensation: $145,912
- Related: $0
- Other: $18,175
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $89,965
- Related: $0
- Other: $35,908
- Compensation: $130,000
- Related: $0
- Other: $0
- Compensation: $100,754
- Related: $0
- Other: $7,647
Official website here: www.astia.org
Where can I find the form 990 for Astia?
Astia's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.astia.org
Learn more at the official website: www.astia.org
Mission Statement of Astia
Astia, a community of experts, is committed to leveling the playing field for women entrepreneurs by providing them with access to capital and networks. This mission is carried out by Astia Investments, a program that includes a family of investment vehicles. These vehicles invest in select companies that apply to Astia and have successfully progressed through the Astia Expert Sift process. A requirement for investment is that a company must include women leaders at the time of investment. The management fees and carried interest of this program fund both Astia Access and Astia Research programs. By doing so, Astia Investments contributes to the success of women-led businesses, thereby promoting gender equality in the entrepreneurial landscape.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Astia has a significant impact on women entrepreneurs by actively leveling the playing field and providing crucial access to capital and networks. Through its program, Astia Investments, the organization identifies and supports promising companies led by women. This program not only includes investment vehicles but also incorporates a thorough selection process called the Astia Expert Sift, ensuring that only the most qualified firms receive funding.
By mandating that companies engaged with Astia include women leaders, the initiative fosters diversity in leadership and promotes gender equality in the business landscape. The investments made through the Astia platform are not just financial; they also create a supportive community that enhances collaboration, knowledge sharing, and mentorship among women entrepreneurs.
Furthermore, the proceeds from the management fees and carried interest of Astia Investments are reinvested into programs like Astia Access and Astia Research, perpetuating a cycle of support that benefits the broader community. This holistic approach empowers women-led businesses while contributing to community improvement and economic growth, reinforcing the idea that diverse leadership leads to innovative solutions and sustainable success in the entrepreneurial ecosystem.
This information is meant to be a general summary of Astia. 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: $45
- Program Service Revenue: $767,607
- Gross Receipts: $1,093,751
Assets and Liabilities:
- Total Assets: $819,046
- Total Liabilities: $268,334
- Net Assets: $550,712
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASTIA FUND MGMT FEES
Revenue
$755,430
ASTIA ANGELS PROG REV
Revenue
$11,551
OTHER PROGRAM REVENUE
Revenue
$626
Organization Details
Founding Year
2003
Principal Officer
Sharon Vosmek
Website
www.astia.orgNTEE Category
Code: S99 - Community improvement
If you are a representative of Astia and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.