Overview
What is Maestro Leadership Foundation?
The Maestro Leadership Foundation is a nonprofit organization situated in San Antonio, Texas, with a specific focus on nurturing entrepreneurship and offering a conducive learning environment. Based at 1811 S Laredo Street, the foundation employs a team of five individuals. Their mission is centered around fostering entrepreneurial spirit and providing a suitable space for learning, aiming to contribute positively to their community. Their work remains an essential part of the local scene, contributing to the growth and development of new ventures.
Official website here: www.maestrocenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two Stars, 61%)
The Maestro Leadership Foundation has received a two-star rating from Charity Navigator, indicating areas that require improvement. The organization's overall score reflects solid performance in community engagement and program expense ratios, suggesting effective use of funds towards programs. However, the low score in accountability and finance highlights significant governance issues, particularly with missing policies related to conflict of interest, whistleblower protections, and lack of documentation for board meeting minutes.
On the positive side, the Foundation boasts a fully independent board and has shown strong practices in feedback collection and usage. This demonstrates a commitment to incorporating stakeholder input into its operations. The program expense ratio is commendably high, indicating a focus on direct program services, which can be seen as a strength for potential donors and stakeholders.
Despite these strengths, the lack of crucial governance policies raises concerns about the organization's transparency and accountability. The high liabilities to assets ratio also points to potential financial vulnerabilities. Addressing these limitations will be essential for improving overall performance and increasing donor confidence in the Maestro Leadership Foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Maestro Leadership Foundation legitimate?
Maestro Leadership Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maestro Leadership Foundation 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: $52,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,401
For more financial information, click here
Official website here: www.maestrocenter.org
What is the mission statement of Maestro Leadership Foundation?
The Maestro Leadership Foundation's mission is centered around fostering entrepreneurship and offering a conducive learning environment. In essence, this non-profit organization aims to cultivate a spirit of innovation and creativity, while simultaneously providing a platform for learning and personal development. By doing so, it contributes to the nurturing of future leaders and entrepreneurs, thereby promoting a culture of growth and progress.
Official website here: www.maestrocenter.org
What is the revenue of Maestro Leadership Foundation?
Maestro Leadership Foundation's revenue in 2023 was $590,984.
Official website here: www.maestrocenter.org
Who are the executives of Maestro Leadership Foundation and what are their salaries?
The average compensation at Maestro Leadership Foundation during 2023 was $18,098. There are 8 employees and 11 volunteers at Maestro Leadership Foundation.
Here are 15 key members and their salaries:
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Official website here: www.maestrocenter.org
Where can I find the form 990 for Maestro Leadership Foundation?
Maestro Leadership Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.maestrocenter.org
Learn more at the official website: www.maestrocenter.org
Mission Statement of Maestro Leadership Foundation
Maestro Leadership Foundation, as its name suggests, is dedicated to fostering entrepreneurship and providing a conducive learning space. This mission is centered around creating an environment that nurtures innovative thinking and encourages individuals to develop their business ideas. By offering a learning space, the foundation aims to equip individuals with the necessary skills and resources to turn their entrepreneurial aspirations into reality. The organization's activities are geared towards fostering entrepreneurship, thereby contributing to the development of new businesses and the growth of existing ones.
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Impact
July, 2024
Maestro Leadership Foundation is making a significant impact by fostering entrepreneurship in San Antonio, TX, and providing a valuable learning space for individuals. Their efforts are directly contributing to community improvement by supporting aspiring entrepreneurs and creating educational opportunities for personal and professional growth.
This information is meant to be a general summary of Maestro Leadership Foundation. 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: $13
- Program Service Revenue: $68,999
- Gross Receipts: $590,984
Assets and Liabilities:
- Total Assets: $83,720
- Total Liabilities: $55,303
- Net Assets: $28,417
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$68,999
Organization Details
Founding Year
2016
Principal Officer
Willie Ng
Website
www.maestrocenter.orgNTEE Category
Code: S43 - Community improvement
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