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50 50 Startups Inc

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

EIN: 831681297 ✦ Brookline, MA ✦ Designated as a 501(c)(3)

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Overview

What is 50 50 Startups Inc?

50 50 Startups Inc is a nonprofit organization situated in Brookline, Massachusetts. Its primary mission is to foster the establishment of joint Palestinian-Israeli startups. To achieve this goal, the organization incurs marketing expenses to attract program participants, employs program directors, and collaborates with recruitment specialists. The organization's flagship program, known as 50-50 Startups Ltd, plays a significant role in this mission.

Is 50 50 Startups Inc legitimate?

50 50 Startups Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 50 50 Startups Inc 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.

What is the mission statement of 50 50 Startups Inc?

50 50 Startups Inc's mission is centered around fostering the creation of a joint Palestinian-Israeli startup. The company invests in marketing efforts to attract participants, remunerates program directors, and engages recruitment specialists. Their flagship program, 50-50 Startups Ltd., is a significant part of their operations. The primary objective of 50 50 Startups Inc is to bridge the gap between these two communities by promoting collaboration in the entrepreneurial sphere.

Who is the CEO of 50 50 Startups Inc?

Amir Grinstein is the Exec Director of 50 50 Startups Inc.

What is the revenue of 50 50 Startups Inc?

50 50 Startups Inc's revenue in 2022 was $82,220.

Who are the executives of 50 50 Startups Inc and what are their salaries?


Here are 3 key members and their salaries:


Eran Heyman (Treas Secy)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amir Grinstein (Exec Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Valenstein (Asst Secy)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for 50 50 Startups Inc?

50 50 Startups Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of 50 50 Startups Inc

50 50 Startups Inc is a mission-driven organization with the goal of establishing a joint Palestinian-Israeli startup. The company's primary objective is to foster collaboration and unity between these two communities through its flagship program, 50-50 Startups Ltd. To achieve this, 50 50 Startups Inc incurs various expenses, including marketing costs to attract program participants, remunerating program directors, and engaging recruitment experts. The company's ultimate aim is to bridge the gap between these two groups and promote a shared entrepreneurial spirit.

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Impact




October, 2024

50 50 Startups Inc has a significant impact by fostering collaboration and innovation between Palestinian and Israeli entrepreneurs. By creating a platform that encourages joint startup ventures, it promotes understanding and partnership across cultural divides. Their flagship program, 50-50 Startups Ltd, invests in marketing to attract diverse program participants and employs experienced program directors and recruitment experts to facilitate meaningful connections.

This initiative addresses crucial issues of community improvement by empowering individuals with entrepreneurial skills and resources, ultimately driving economic growth and creating shared opportunities for success. The work of 50 50 Startups Inc not only contributes to the local economy in Brookline, MA but also has the potential to inspire broader change in the region by demonstrating the benefits of cooperation and shared aspirations. Through their efforts, they are building a more inclusive startup ecosystem where collaboration can thrive, leading to innovative solutions and strengthened communities.




This information is meant to be a general summary of 50 50 Startups 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.

Revenue
$82,220 (2022)
Expenses
$60,276 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9
  • Gross Receipts: $82,220

Assets and Liabilities:

  • Total Assets: $71,426
  • Total Liabilities: $0
  • Net Assets: $71,426

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Organization Details

Principal Officer

Amir Grinstein

Main Address

82 ATHERTON ROAD, BROOKLINE, MA, 02446

NTEE Category

Code: S30 - Community improvement

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