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Teneo Network Inc

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

EIN: 832151429 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Teneo Network Inc?

Teneo Network Inc, based in Austin, Texas, is a nonprofit organization that serves as a platform for leaders to collaborate, learn, and innovate. With a team of 14 dedicated individuals, they conduct regular gatherings where members share ideas, articles, and discuss solutions to pressing issues. Annual conferences and regional events are also organized, providing opportunities for education through presentations and seminars, and fostering dialogue during breakout discussions. The primary mission of Teneo Network Inc is to research, educate, and connect a network of leaders, aiming to develop practical solutions to pressing issues.


Official website here: www.teneonetwork.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.

Teneo Network Inc has achieved a remarkable Four-Star rating from Charity Navigator, which signifies a high level of accountability and financial health. With an impressive 97% Accountability & Finance Score, the organization demonstrates strong governance practices, including a fully independent board, effective financial oversight, and the absence of any asset diversion incidents. These factors contribute to its overall credibility and trustworthiness in the nonprofit sector.

The organization excels in financial management, with a program expense ratio of 76.22%, indicating that a significant portion of its funds is directed toward its mission-driven programs. Additionally, Teneo Network has shown excellent fundraising efficiency, with minimal costs associated with fundraising activities. The strong working capital ratio of 1.54 years further underscores the organization's financial stability and ability to sustain its operations.

While the data reflects a highly effective organization, potential donors and stakeholders should continually monitor the nonprofit's activities and financial practices, as transparency and adherence to best practices are crucial for maintaining trust and effectiveness in the long term. Overall, Teneo Network Inc stands out as a commendable choice for those looking to support a well-managed nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Teneo Network Inc legitimate?

Teneo Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teneo Network 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: $663,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $305,583

For more financial information, click here


Official website here: www.teneonetwork.com

What is the mission statement of Teneo Network Inc?

Teneo Network Inc's mission is centered around research, education, and connection. The organization aims to assemble a network of influential leaders, fostering an environment where they can collaborate and exchange ideas to devise practical solutions for pressing issues. This is accomplished through regular programming, where members share insights and discuss potential solutions, as well as annual conferences and regional events, offering opportunities for presentations, seminars, and interactive discussions on pressing issues and leadership innovation.


Official website here: www.teneonetwork.com

Who is the CEO of Teneo Network Inc?

Amanda Covo is the Chairman of Teneo Network Inc. The CEO's salary of Teneo Network Inc is $250,000 and their total compensation is $250,000.


Official website here: www.teneonetwork.com

What is the revenue of Teneo Network Inc?

Teneo Network Inc's revenue in 2022 was $5,441,520.


Official website here: www.teneonetwork.com

Who are the executives of Teneo Network Inc and what are their salaries?

The average compensation at Teneo Network Inc during 2022 was $69,249. There are 14 employees at Teneo Network Inc.


Here are 11 key members and their salaries (Teneo Network Inc's CEO's salary is $250,000 and their total compensation is $250,000):


Leonard Leo (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hillary Waldron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Starrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Bunch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Duvernay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leelle Slifer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Covo (Ceo)
  • Compensation: $250,000
  • Related: $0
  • Other: $0
Vince Evans (Dir Of Advancement)
  • Compensation: $141,417
  • Related: $0
  • Other: $0
Lindsey Lawrence (Dir Of Chapter Life)
  • Compensation: $119,479
  • Related: $0
  • Other: $0
Wesley Drees (Vp Operations)
  • Compensation: $153,006
  • Related: $0
  • Other: $0


Official website here: www.teneonetwork.com

Where can I find the form 990 for Teneo Network Inc?

Teneo Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teneonetwork.com

Learn more at the official website: www.teneonetwork.com

Mission Statement of Teneo Network Inc

Teneo Network Inc, a distinguished organization, is dedicated to conducting research, imparting knowledge, and fostering connections among a network of influential leaders. Their mission is to empower this network to devise practical solutions to the pressing issues of our time. They achieve this goal through various means. For instance, they facilitate general programming where members and staff engage in constructive discussions, sharing insights, articles, and ideas related to leadership. Furthermore, Teneo Network Inc hosts an annual conference and regional events. During these events, members and staff come together to learn from one another through presentations, seminars, and breakout discussions. These events provide a platform to share innovative leadership solutions and address pressing issues in a collaborative environment.

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Impact




July, 2024

Teneo Network Inc's impact lies in its commitment to researching, educating, and connecting a network of leaders dedicated to developing practical solutions to pressing issues. Through its general programming, including educational initiatives, idea-sharing, and discussions on leadership, Teneo Network Inc facilitates knowledge exchange among staff and members. The organization's annual conferences and regional events further contribute to this mission by providing a platform for sharing innovative ideas, discussing solutions to critical issues, and fostering communication among leaders. Based in Austin, Texas, Teneo Network Inc plays a crucial role in advancing philanthropic efforts and driving societal change through its targeted approach to leadership development.




This information is meant to be a general summary of Teneo Network 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
$5,441,520 (2022)
Expenses
$3,926,779 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,223
  • Program Service Revenue: $154,154
  • Gross Receipts: $5,441,520

Assets and Liabilities:

  • Total Assets: $4,425,772
  • Total Liabilities: $106,072
  • Net Assets: $4,319,700

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Non fundraising event

Revenue

$154,154

Organization Details

Founding Year

2018

Principal Officer

Amanda Covo

Main Address

512 W MLK Jr Blvd Ste 239, Austin, TX, 78701

NTEE Category

Code: T12 - Philanthropy

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