Overview
What is Entrepreneurs Foundation Of Ce?
Entrepreneurs Foundation of Central Texas is a community-driven organization primarily composed of entrepreneurs and their affiliated entities. This nonprofit amplifies the philanthropic efforts of its members, encouraging them to contribute time, talent, and equity towards community initiatives. The foundation's mission is to foster corporate social responsibility within member companies, ultimately promoting a harmonious balance between corporate performance and community engagement. With approximately 70 active member companies and a committed volunteer force, Entrepreneurs Foundation of Central Texas leverages their collective efforts to significantly impact local community projects. Additionally, they are responsible for launching national programs, further extending their reach and influence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating. This rating indicates that the Entrepreneurs Foundation Of Ce has significant challenges in the areas of accountability and finance, which may raise concerns for potential donors regarding the organization's transparency and governance practices.
One of the primary strengths noted is the Foundation's program expense ratio, which stands at 80.62%. This suggests that a substantial portion of its funds is directed toward its programs, which can be seen as a positive indicator of its commitment to its mission. Additionally, the organization has policies in place for conflict of interest, whistleblower protection, and document retention, suggesting some level of governance structure.
However, the organization faces significant limitations, particularly in its board composition with no independent members, and a lack of publicly available financial statements. The absence of its website on the tax form and missing tax documents on its own website further detracts from its overall accountability score. These factors contribute to the overall low rating and highlight the need for improvement in financial transparency and board independence.
This AI summary has been generated from information found on Charity Navigator.
Is Entrepreneurs Foundation Of Ce legitimate?
Entrepreneurs Foundation Of Ce is a legitimate nonprofit organization registered as a 501(c)(3) entity. Entrepreneurs Foundation Of Ce 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: $170,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Entrepreneurs Foundation Of Ce?
The Entrepreneurs Foundation of Ce, a community of entrepreneurs, focuses on enhancing the philanthropic efforts of its member companies and their individuals. They achieve this by supporting corporate social responsibility programs within these companies. The organization is home to approximately 70 active member companies, leveraging nearly 8000 volunteer hours for community initiatives. Additionally, they produce national programs to further their mission.
What is the revenue of Entrepreneurs Foundation Of Ce?
Entrepreneurs Foundation Of Ce's revenue in 2023 was $830,420.
Who are the executives of Entrepreneurs Foundation Of Ce and what are their salaries?
The average compensation at Entrepreneurs Foundation Of Ce during 2023 was $85,270. There are 2 employees at Entrepreneurs Foundation Of Ce.
Here are 3 key members and their salaries:
- Compensation: $150,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Entrepreneurs Foundation Of Ce?
Entrepreneurs Foundation Of Ce's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Entrepreneurs Foundation Of Ce
The Entrepreneurs Foundation of Ce plays a significant role in promoting corporate social responsibility among its member companies. By leveraging the time, talent, and equity of its entrepreneurs, boards, and employees, this organization amplifies their philanthropic efforts. With approximately 70 active member companies, the Entrepreneurs Foundation of Ce has managed to facilitate nearly 8,000 volunteer hours for various community initiatives. Furthermore, this nonprofit organization produces national programs, further extending its reach and impact. In essence, the Entrepreneurs Foundation of Ce helps its member companies build successful corporate cultures that not only contribute to their performance but also positively impact the communities they serve.
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Impact
July, 2024
Entrepreneurs Foundation Of Ce amplifies the philanthropic efforts of its member companies and entrepreneurs to build successful corporate cultures. Through their corporate social responsibility programs, they leverage nearly 8000 volunteer hours for community initiatives, benefiting both their member companies and the communities they serve. Their impact resonates not only locally in Austin, TX but also through national programs that promote philanthropy and community engagement.
This information is meant to be a general summary of Entrepreneurs Foundation Of Ce. 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: $2,580
- Program Service Revenue: $817,195
- Gross Receipts: $830,420
Assets and Liabilities:
- Total Assets: $409,158
- Total Liabilities: $3,212
- Net Assets: $405,946
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CULTURATI REVENUE
Revenue
$817,195
Organization Details
Principal Officer
Eugene Sulpeveda
NTEE Category
Code: T30 - Philanthropy
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