Overview
What is Search Fund Alliance Inc?
Search Fund Alliance Inc, located in Wakefield, Massachusetts, is a nonprofit organization dedicated to fostering partnerships within the search fund community. Their mission is to preserve and enhance the success of young CEOs and their businesses, as search funds have proven effective in this regard. Through events and roundtables, they aim to bridge the gap between CEOs and investors, ensuring mutual growth and effectiveness. They provide safe, open forums for discussion and collaboration to address community divides and improve the roles of board members and investors in CEOs' ventures.
Official website here: www.searchfundalliance.org
Is Search Fund Alliance Inc legitimate?
Search Fund Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Search Fund Alliance 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:
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Official website here: www.searchfundalliance.org
What is the mission statement of Search Fund Alliance Inc?
The Search Fund Alliance Inc's mission is centered around fostering partnerships in the search fund industry. As the sector expands and gains mainstream recognition, the organization aims to maintain the collaborative spirit that has contributed to the success of both young CEOs and their investors. This commitment to partnership is essential for everyone's success, serving as a cornerstone of their operations. The Search Fund Alliance promotes this principle by establishing safe, open, and respectful platforms where issues that divide the community can be discussed and debated. Additionally, they strive to enhance the effectiveness of board members and investors in their interactions with CEOs.
Official website here: www.searchfundalliance.org
What is the revenue of Search Fund Alliance Inc?
Search Fund Alliance Inc's revenue in 2023 was $58,666.
Official website here: www.searchfundalliance.org
Who are the executives of Search Fund Alliance Inc and what are their salaries?
There 15 volunteers at Search Fund Alliance Inc.
Here are 7 key members and their salaries:
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Official website here: www.searchfundalliance.org
Where can I find the form 990 for Search Fund Alliance Inc?
Search Fund Alliance Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.searchfundalliance.org
Learn more at the official website: www.searchfundalliance.org
Mission Statement of Search Fund Alliance Inc
Search Fund Alliance Inc, with a commitment to preserving and enhancing the essence of successful businesses, aims to drive partnership within the search fund industry. Recognizing the vital role of collaboration between young CEOs and investors in building thriving companies, the organization strives to maintain this partnership as the search fund industry grows and becomes more mainstream. The Alliance promotes partnership within the community by establishing safe, open, and respectful forums where issues that divide the community can be addressed and board members and investors can become more effective in supporting their CEOs. Through these forums, the organization aims to strengthen the bonds within the search fund community and ensure the continued success of the industry.
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Impact
October, 2024
Search Fund Alliance Inc plays a pivotal role in fostering the growth and sustainability of search funds by promoting strong partnerships between young CEOs and their investors. This collaboration is crucial for developing successful businesses, as it ensures that each party's interests are aligned and that mutual trust is established. As the search fund model gains traction and becomes more mainstream, the Alliance is committed to preserving the core elements that have historically led to the success of both great CEOs and thriving companies.
Through various initiatives, the Alliance creates safe, respectful forums for dialogue and exploration of the challenges faced by the community, which is essential for building a cohesive support network. Events such as discussions on team upgrades, the value of coaching for search fund CEOs, and member breakfasts encourage continuous learning and connection among participants.
Overall, Search Fund Alliance Inc significantly impacts the business landscape by enhancing partnerships within the search fund community, driving collaboration that underpins successful ventures and ultimately contributing to broader community improvement.
This information is meant to be a general summary of Search Fund Alliance 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 2023.
- Program Service Revenue: $58,666
- Gross Receipts: $58,666
Assets and Liabilities:
- Total Assets: $67,892
- Total Liabilities: $49,387
- Net Assets: $18,505
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$37,332
SPONSORSHIP REVENUE
Revenue
$18,334
INITIATION FEES REVENU
Revenue
$3,000
Organization Details
Founding Year
2016
Principal Officer
M-K O'Connell
Website
www.searchfundalliance.orgNTEE Category
Code: S46 - Community improvement
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