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Entrepreneurship Award Corp

Founder Forward

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 811043590 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Entrepreneurship Award Corp?

Entrepreneurship Award Corp, operating under the name Founder Forward, is a nonprofit corporation situated in New York City. In 2022, they introduced their flagship program, Founder Forward, aimed at nurturing a new generation of diverse social impact entrepreneurs. The program focuses on bridging the early-stage capital and advisory gap by offering unrestricted capital grants, professional mentorship, and long-term growth support networks. In 2022, Founder Forward directly supported 39 diverse early-stage businesses with $139,000 in capital grants and 218 advisory sessions. Envolve USA, the organization behind Founder Forward, is committed to promoting equity and access in the entrepreneurship ecosystem, primarily serving underrepresented founders such as Black, Indigenous, Latinx, and female entrepreneurs. Their goal is to help reshape the entrepreneurship landscape to better reflect America's diverse identity.


Official website here: www.founderforward.org

Is Entrepreneurship Award Corp legitimate?

Entrepreneurship Award Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Entrepreneurship Award Corp 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: $136,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.founderforward.org

What is the mission statement of Entrepreneurship Award Corp?

Entrepreneurship Award Corp, operating as Envolve USA, is committed to fostering a more equitable and inclusive entrepreneurship environment. They target underrepresented founders, including Black, Indigenous, Latinx, and female entrepreneurs. Envolve aims to revamp the entrepreneurship landscape, ensuring it reflects the diversity that is fundamental to America's identity. Their primary focus is on building a community and establishing a platform that advocates for equity and access within this ecosystem. Their mission is centered around supporting these underrepresented founders, contributing to the rebuilding and reshaping of the entrepreneurship landscape.


Official website here: www.founderforward.org

Who is the CEO of Entrepreneurship Award Corp?

Christopher Upperman is the Acting Executive Director of Entrepreneurship Award Corp.


Official website here: www.founderforward.org

What is the revenue of Entrepreneurship Award Corp?

Entrepreneurship Award Corp's revenue in 2022 was $176,082.


Official website here: www.founderforward.org

Who are the executives of Entrepreneurship Award Corp and what are their salaries?

The average compensation at Entrepreneurship Award Corp during 2022 was $68,100. There are 2 employees at Entrepreneurship Award Corp.


Here are 6 key members and their salaries:


Angeline Apostolou (Acting Executive Director)
  • Compensation: $74,797
  • Related: $0
  • Other: $0
James Banks (Program Manager)
  • Compensation: $54,822
  • Related: $0
  • Other: $0
Christopher Upperman (President, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tulani Watkins (Secretary, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Taylor (Member, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Uriridiakoghene Onovakpuri (Member, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.founderforward.org

Where can I find the form 990 for Entrepreneurship Award Corp?

Entrepreneurship Award Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.founderforward.org

Learn more at the official website: www.founderforward.org

Mission Statement of Entrepreneurship Award Corp

Entrepreneurship Award Corp, known as Envolve USA, is dedicated to fostering a more inclusive and equitable entrepreneurship landscape. This nonprofit organization focuses on serving underrepresented founders, specifically those who identify as Black, Indigenous, Latinx, and female. Envolve's mission is to rebuild and reshape the entrepreneurship environment, ensuring it reflects the diverse talent and potential that lies within these communities. By building a supportive community and platform, Envolve seeks to advance equity and access within this ecosystem, uplifting voices that have historically been left out. Envolve's efforts are geared towards contributing to a more inclusive and representative entrepreneurship landscape that truly reflects America's rich diversity.

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Impact




October, 2024

Entrepreneurship Award Corp significantly impacts the entrepreneurial landscape by focusing on underrepresented founders, particularly Black, Indigenous, Latinx, and female entrepreneurs. Through its flagship program, Founder Forward, it addresses the critical early-stage capital and advisory gaps that these founders often face.

In 2022, the initiative supported 39 diverse early-stage businesses with $139,000 in unrestricted capital grants. Additionally, it facilitated 218 advising sessions, connecting founders with skilled professionals who can provide invaluable guidance. By creating a tech-enabled community platform, Founder Forward not only offers financial support but also fosters long-term growth through a robust network of advocates and peers.

The organization's commitment to equity and access directly contributes to a more inclusive entrepreneurship ecosystem, aimed at reshaping the business landscape to better reflect America's rich diversity. Through these efforts, it builds a support system that encourages social impact-minded founders, ultimately driving economic growth and creating wealth within underserved communities.




This information is meant to be a general summary of Entrepreneurship Award Corp. 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.

Revenue
$176,082 (2022)
Expenses
$389,388 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $176,082

Assets and Liabilities:

  • Total Assets: $594,403
  • Total Liabilities: $514,730
  • Net Assets: $79,673

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Organization Details

Founding Year

2016

Principal Officer

Christopher Upperman

Main Address

134 East 40th Street, New York, NY, 10016

NTEE Category

Code: B82 - Education

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