Overview
What is Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation?
The Inclusive Entrepreneurs Foundation, formerly known as TIE Oregon Foundation, is a nonprofit organization located in Portland, Oregon. Their primary mission is to foster invention and entrepreneurship among high school students through educational programming. They provide intensive weekly mentoring to students from grades 9-12, preparing them for local and eventually global pitch competitions. In addition, they organize monthly events featuring topics relevant to entrepreneurs, open to both members and non-members. The TIE Young Entrepreneurs program, an initiative of the foundation, aims to inspire and empower the next generation of business and community leaders. Furthermore, they offer the TIE XL Entrepreneur Boot Camp, a series of workshops teaching first-time entrepreneurs essential topics before starting a company. Overall, Inclusive Entrepreneurs Foundation supports the development of young entrepreneurs, helping them to become future innovators and leaders.
Official website here: www.oregon.tie.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
The Inclusive Entrepreneurs Foundation, formerly known as Tie Oregon Foundation, has received a low rating of 52% from Charity Navigator, which translates to a One-Star rating. This rating reflects significant concerns regarding its financial management and operational transparency. While the organization demonstrates strong governance practices, such as having a fully independent board and well-documented policies, there are notable shortcomings in financial performance metrics.
One of the strengths of the organization is its governance structure, with 100% of its board members being independent and robust policies in place for conflict of interest and whistleblower protections. Additionally, it has received full points for its audit and oversight committee, suggesting a commitment to accountability in its operations. However, the overall financial health raises red flags, particularly with a concerning program expense ratio of only 3.27%. This indicates a minimal amount of funds being directed toward its programs relative to administrative costs.
The organization also faces criticism for not posting its tax form on its website, which is essential for transparency. Its liabilities to assets ratio is alarmingly high at 5.21%, which further complicates its financial standing. Potential donors and stakeholders may need to exercise caution and conduct further research before engaging with the Inclusive Entrepreneurs Foundation, given these limitations in financial efficiency and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation legitimate?
Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation 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: $129,821
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.oregon.tie.org
What is the mission statement of Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation?
The Inclusive Entrepreneurs Foundation, formerly known as Tie Oregon Foundation, advocates for fostering invention and entrepreneurship through educational programming. They run initiatives such as the Tie Young Entrepreneurs Program, which inspires and empowers high school students to become future business and community leaders, culminating in a global pitch competition. Additionally, they offer the Tie XL Entrepreneur Boot Camp, a series of workshops teaching essential topics to first-time entrepreneurs. The foundation's mission is primarily focused on providing entrepreneurial education, aiming to nurture the next generation of innovators. Their activities include weekly mentoring sessions for high school students, as well as monthly events featuring topics relevant to entrepreneurs.
Official website here: www.oregon.tie.org
Who is the CEO of Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation?
Robin Jones is the Director of Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation.
Official website here: www.oregon.tie.org
What is the revenue of Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation?
Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation's revenue in 2022 was $564,799.
Official website here: www.oregon.tie.org
Who are the executives of Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation and what are their salaries?
There 25 volunteers at Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oregon.tie.org
Where can I find the form 990 for Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation?
Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oregon.tie.org
Learn more at the official website: www.oregon.tie.org
Mission Statement of Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation
The Inclusive Entrepreneurs Foundation, formerly known as Tie Oregon Foundation, is dedicated to fostering invention and entrepreneurship within the community. They achieve this through educational programming, specifically focusing on nurturing high school students in grades 9-12 to become future business and community leaders. The organization offers the Tie Young Entrepreneurs program, an initiative that empowers students by inspiring them and preparing them for a global pitch competition. The Tie XL Entrepreneur Boot Camp is another initiative, a series of workshops designed to equip first-time entrepreneurs with essential skills and knowledge required to run or start a company. The Foundation also hosts monthly events, offering topics relevant to entrepreneurs, open to both members and non-members alike.
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Impact
July, 2024
The Inclusive Entrepreneurs Foundation, formerly known as Tie Oregon Foundation, has a significant impact on the community by fostering invention and entrepreneurship through educational programming. The foundation's programs, such as the TYE Young Entrepreneurs program and the Tie XL Entrepreneur Boot Camp, inspire and empower students to become the next generation of business and community leaders. By providing entrepreneurial education to high school students and conducting workshops for first-time entrepreneurs, the foundation equips individuals with the knowledge and skills they need to succeed in the business world. Through its global pitch competition and monthly events, the foundation creates opportunities for members and non-members to engage with relevant topics in entrepreneurship. Overall, the Inclusive Entrepreneurs Foundation plays a vital role in promoting education and entrepreneurship in Portland, Oregon, and beyond.
This information is meant to be a general summary of Inclusive Entrepreneurs Foundation Fka Tie Oregon Foundation. 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 2022.
- Investment Income: $158
- Program Service Revenue: $55,559
- Gross Receipts: $564,799
Assets and Liabilities:
- Total Assets: $271,558
- Total Liabilities: $14,174
- Net Assets: $257,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION AND SPONS
Revenue
$55,559
Organization Details
Founding Year
2018
Phone
(971) 303-9063Principal Officer
Robin Jones
Main Address
PO BOX 25627, PORTLAND, OR, 97298
Website
www.oregon.tie.orgNTEE Category
Code: B99 - Education
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