Michigan Academy For The Development Of Entrepreneurs

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

EIN: 822747633 ✦ Ann arbor, MI ✦ Designated as a 501(c)(4)

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Overview

What is Michigan Academy For The Development Of Entrepreneurs?

Michigan Academy for the Development of Entrepreneurs is a nonprofit organization situated in Ann Arbor, Michigan. Their primary mission is to support and empower entrepreneurs in emerging economies. They achieve this by collaborating with locally-established Enterprise Development Organizations (EDOs). The academy's unique focus lies in the creation and refinement of business evaluation and entrepreneurial coaching tools. These resources are designed to stimulate entrepreneurship within developing countries. Besides offering educational resources, the academy also provides consulting services and funding to aid in the growth of these emerging businesses.


Official website here: www.madeentrepreneur.org

Is Michigan Academy For The Development Of Entrepreneurs legitimate?

Michigan Academy For The Development Of Entrepreneurs is a legitimate nonprofit organization registered as a 501(c)(4) entity. Michigan Academy For The Development Of Entrepreneurs submitted a form 990EZ, 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.


Official website here: www.madeentrepreneur.org

What is the mission statement of Michigan Academy For The Development Of Entrepreneurs?

The Michigan Academy for the Development of Entrepreneurs is committed to supporting entrepreneurs in emerging economies. It accomplishes this by providing educational resources, coaching, consulting, and access to funding, collaborating with local Enterprise Development Organizations (EDOs). The academy specializes in developing and testing business assessment and entrepreneur coaching tools, aiming to foster entrepreneurship in developing countries. Its mission is to contribute to the growth of entrepreneurial ventures and stimulate economic development in these regions.


Official website here: www.madeentrepreneur.org

Who is the CEO of Michigan Academy For The Development Of Entrepreneurs?

Stewart Thornhill is the Secretary of Michigan Academy For The Development Of Entrepreneurs.


Official website here: www.madeentrepreneur.org

What is the revenue of Michigan Academy For The Development Of Entrepreneurs?

Michigan Academy For The Development Of Entrepreneurs's revenue in 2023 was $50,000.


Official website here: www.madeentrepreneur.org

Who are the executives of Michigan Academy For The Development Of Entrepreneurs and what are their salaries?


Here are 3 key members and their salaries:


Paul Clyde (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stewart Thornhill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bharath Krishna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.madeentrepreneur.org

Where can I find the form 990EZ for Michigan Academy For The Development Of Entrepreneurs?

Michigan Academy For The Development Of Entrepreneurs's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.madeentrepreneur.org

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

Mission Statement of Michigan Academy For The Development Of Entrepreneurs

The Michigan Academy for the Development of Entrepreneurs is a nonprofit organization dedicated to equipping entrepreneurs in emerging economies with the necessary educational resources, coaching, consulting, and funding. It achieves this by collaborating with locally-based Enterprise Development Organizations (EDOs). The academy is particularly skilled in developing and testing business assessment tools and entrepreneur coaching tools, with the ultimate goal of fostering entrepreneurship in developing countries. By partnering with EDOs, the Michigan Academy for the Development of Entrepreneurs seeks to contribute to the economic growth and self-sufficiency of communities in need.

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Impact




October, 2024

The Michigan Academy for the Development of Entrepreneurs significantly impacts emerging economies by equipping entrepreneurs with vital educational tools, coaching, and consulting services. By collaborating with locally-based Enterprise Development Organizations (EDOs), the academy ensures that these resources are tailored to the specific needs of entrepreneurs in varied contexts, promoting sustainable growth and innovation.

A key aspect of their impact is the development and testing of business assessment and coaching tools. These resources empower aspiring entrepreneurs to enhance their skills, understand market dynamics, and effectively navigate the complexities of starting and running a business. The academy fosters a supportive ecosystem that cultivates entrepreneurship, ultimately leading to job creation, increased economic activity, and improved living standards in developing regions. Through targeted funding initiatives, the Michigan Academy not only helps startups launch but also provides ongoing support to ensure their success in competitive markets.




This information is meant to be a general summary of Michigan Academy For The Development Of Entrepreneurs. 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
$50,000 (2023)
Expenses
$50,660 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $50,000

Assets and Liabilities:

  • Total Assets: $10,369
  • Total Liabilities: $0
  • Net Assets: $10,369

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Organization Details

Principal Officer

Stewart Thornhill

Main Address

724 E UNIVERSITY AVE WILEY HALL, ANN ARBOR, MI, 48109

NTEE Category

Code: T50 - Philanthropy

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