Overview
What is Bootstrap Capital Inc?
Bootstrap Capital Inc, located in Atlanta, Georgia, is a nonprofit organization that focuses on empowering high-potential New Majority entrepreneurs. By hosting a five-week financial training program, they provide essential resources and capital through volunteer support and partnerships. Their mission is to bridge the gap between these entrepreneurs and the innovation ecosystem, offering them access to opportunities that can help them grow and succeed in their businesses. Bootstrap Capital Inc operates in Atlanta, Georgia, specifically at 1100 Peachtree ST NE Ste 250.
Official website here: www.bootstrapcapital.co
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating. This rating indicates a generally positive evaluation of Bootstrap Capital Inc's operational effectiveness and financial health, with a notable strength in its cultural and community engagement, scoring 91. The organization demonstrates a strong commitment to independent governance, with 100% of its board members being independent, and maintains transparency in its financials with a program expense ratio of 91.18%.
While Bootstrap Capital Inc showcases strengths in community involvement and financial management, there are some areas for improvement. The organization has not provided certain policies, such as a whistleblower policy and a document retention policy, which are essential for promoting accountability and transparency. Additionally, although the overall accountability score is respectable at 73, these missing elements could hinder its governance practices.
Overall, Bootstrap Capital Inc exhibits strong financial health and community engagement, making it a commendable nonprofit. However, addressing the gaps in their policies could enhance their accountability and ensure stronger governance moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Bootstrap Capital Inc legitimate?
Bootstrap Capital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bootstrap Capital Inc 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bootstrapcapital.co
What is the mission statement of Bootstrap Capital Inc?
Bootstrap Capital Inc's mission is to facilitate the connection of high-potential entrepreneurs from diverse backgrounds, known as the New Majority, to the innovation ecosystem. They achieve this by providing access to crucial resources and capital. The organization's primary objective is to empower these entrepreneurs, enabling them to thrive within the innovation ecosystem. Bootstrap Capital Inc accomplishes this by hosting a comprehensive 5-week financial training program, utilizing volunteer and partnership resources.
Official website here: www.bootstrapcapital.co
Who is the CEO of Bootstrap Capital Inc?
Lashawnda D Jones is the Ceo of Bootstrap Capital Inc. The CEO's salary of Bootstrap Capital Inc is $0 and their total compensation is $0.
Official website here: www.bootstrapcapital.co
What is the revenue of Bootstrap Capital Inc?
Bootstrap Capital Inc's revenue in 2021 was $25,000.
Official website here: www.bootstrapcapital.co
Who are the executives of Bootstrap Capital Inc and what are their salaries?
Here are 2 key members and their salaries (Bootstrap Capital Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bootstrapcapital.co
Where can I find the form 990 for Bootstrap Capital Inc?
Bootstrap Capital Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.bootstrapcapital.co
Learn more at the official website: www.bootstrapcapital.co
Mission Statement of Bootstrap Capital Inc
Bootstrap Capital Inc, as a mission-driven organization, focuses on bridging the gap between high-potential entrepreneurs from underrepresented communities, often referred to as the New Majority, and the innovative ecosystem. This is achieved through the provision of valuable resources and access to capital. By connecting these entrepreneurs to the innovation ecosystem, Bootstrap Capital Inc aims to empower them, fostering their growth and success in the business world. The organization's mission is executed through a variety of means, including hosting a comprehensive five-week financial training program for New Majority business owners. This program leverages the resources and expertise of volunteers and partners to provide essential financial training, empowering these entrepreneurs to navigate the complexities of the business landscape with confidence.
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Impact
August, 2024
Bootstrap Capital Inc has a significant impact on the Atlanta community by connecting high potential New Majority entrepreneurs to the innovation ecosystem through access to opportunity resources and capital. Through their 5-week financial training program for New Majority business owners, Bootstrap Capital fosters growth and success for these entrepreneurs. By leveraging volunteers and partnership resources, they provide valuable education and support to help these individuals thrive in the business world. Their mission of providing access to opportunity, resources, and capital is key to promoting diversity and entrepreneurship in Atlanta.
This information is meant to be a general summary of Bootstrap Capital Inc. 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 2021.
- Gross Receipts: $25,000
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2016
Principal Officer
Lashawnda D Jones
Main Address
1100 Peactree ST NE Ste 250, Atlanta, GA, 30309
Website
www.bootstrapcapital.coNTEE Category
Code: B99 - Education
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