Overview
What is Microenterprise Collaborative Of Inland Southern California?
The Microenterprise Collaborative of Inland Southern California is a nonprofit organization situated in Fontana, California. Their primary mission is to promote and support the growth of small businesses in the region, thereby creating and sustaining jobs. Through public education, marketing, and outreach, they encourage entrepreneurs to utilize available business resources and capital. By partnering with various small business agencies, they have successfully provided business training to 11,353 individuals, offered business counseling to 4,235 individuals, and helped create or support 21,208 jobs in the area. Moreover, the collaborative has assisted 1,025 businesses in securing $34,340,866 in capital, thereby contributing significantly to the local economy.
Official website here: www.microbizinsocal.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating.
Microenterprise Collaborative Of Inland Southern California has achieved a strong rating of 91%, reflecting its effective management and high accountability standards. The organization scored 90 for Accountability & Finance and 95 for Culture & Community, indicating a robust governance structure and a commitment to promoting community welfare. Notably, it boasts a 100% independent board, ensuring unbiased decision-making.
Strengths of the organization include a high program expense ratio of 87.63%, which signifies that a significant portion of its budget is directed towards its programs rather than administrative costs. Additionally, the organization has received perfect scores in several areas, including constituent feedback and the usage of feedback, showcasing its responsiveness to the community it serves and its commitment to improvement based on stakeholder input.
While the organization demonstrates strong financial health with a low liabilities to assets ratio of 1.68%, it is crucial for potential donors and stakeholders to consider these metrics alongside the organization's mission and impact within the community. Overall, Microenterprise Collaborative Of Inland Southern California presents itself as a well-managed charity with a clear focus on effective service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Microenterprise Collaborative Of Inland Southern California legitimate?
Microenterprise Collaborative Of Inland Southern California is a legitimate nonprofit organization registered as a 501(c)(3) entity. Microenterprise Collaborative Of Inland Southern California 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: $82,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.microbizinsocal.org
What is the mission statement of Microenterprise Collaborative Of Inland Southern California?
The Microenterprise Collaborative of Inland Southern California's mission is centered around fostering and sustaining businesses and job creation through micro-business development. By connecting small business owners to essential resources and capital, this collaborative aims to help these businesses grow and generate income. The organization plays a critical role in raising public awareness about the significance of micro-business development. Through various initiatives such as public education, marketing, and outreach, the collaborative encourages small business owners to utilize available resources and capital, thereby leading to the creation and support of numerous jobs in the region. As a result of their efforts, numerous individuals have received business training, received business counseling, and small business CDFIs have helped businesses access substantial capital.
Official website here: www.microbizinsocal.org
Who is the CEO of Microenterprise Collaborative Of Inland Southern California?
Pamela Deans is the Chair of Microenterprise Collaborative Of Inland Southern California.
Official website here: www.microbizinsocal.org
What is the revenue of Microenterprise Collaborative Of Inland Southern California?
Microenterprise Collaborative Of Inland Southern California's revenue in 2022 was $616,040.
Official website here: www.microbizinsocal.org
Who are the executives of Microenterprise Collaborative Of Inland Southern California and what are their salaries?
The average compensation at Microenterprise Collaborative Of Inland Southern California during 2022 was $82,115. There is 1 employee at Microenterprise Collaborative Of Inland Southern California.
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Official website here: www.microbizinsocal.org
Where can I find the form 990 for Microenterprise Collaborative Of Inland Southern California?
Microenterprise Collaborative Of Inland Southern California's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.microbizinsocal.org
Learn more at the official website: www.microbizinsocal.org
Mission Statement of Microenterprise Collaborative Of Inland Southern California
The Microenterprise Collaborative of Inland Southern California is dedicated to fostering the growth and sustainability of micro-businesses, ultimately leading to the creation and preservation of jobs within the community. This nonprofit organization serves as a bridge, connecting small business owners with the essential resources and financial capital required for expansion. By engaging in public education, marketing, and outreach initiatives, the Microenterprise Collaborative encourages these entrepreneurs to utilize the available resources, thereby empowering them to expand their businesses and generate income.
The mission of the Microenterprise Collaborative can be seen in action through its partnerships with various small business agencies. As a result of these collaborations, numerous individuals have benefited from business training programs, gaining the skills necessary to successfully manage and grow their enterprises. In addition, the Microenterprise Collaborative has provided business counseling to over 4,000 individuals, offering valuable guidance and support as they navigate the challenges of entrepreneurship.
The impact of the Microenterprise Collaborative's mission is evident in the tangible results it has achieved. By facilitating access to business resources and capital, the organization has played a significant role in the creation and support of over 21,000 jobs within the region. Furthermore, the Microenterprise Collaborative has helped over 1,000 businesses secure over $34 million in funding, providing them with the necessary capital to expand and thrive.
In summary, the Microenterprise Collaborative of Inland Southern California is a vital resource for small business owners, providing them with the tools and support necessary to grow their businesses, create jobs, and generate income. Through its public education, marketing, and outreach efforts, the organization has made a significant impact on the local economy, fostering the growth of micro-businesses and supporting the creation of thousands of jobs.
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Impact
July, 2024
The impact of the Microenterprise Collaborative Of Inland Southern California in Fontana, CA is significant. Through its efforts to create and sustain businesses and jobs through micro-business development, the collaborative has successfully provided business training to 11,353 individuals and business counseling to 4,235 others. This has led to the creation and support of 21,208 jobs in the region.
Additionally, through partnerships with small business agencies, 1,025 businesses were able to access over $34 million in capital from small business CDFIs. By connecting small business owners to resources and capital, the Microenterprise Collaborative is helping these entrepreneurs grow, create jobs, and generate income in the local community.
This information is meant to be a general summary of Microenterprise Collaborative Of Inland Southern California. 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: $40
- Gross Receipts: $616,040
Assets and Liabilities:
- Total Assets: $778,190
- Total Liabilities: $0
- Net Assets: $778,190
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Organization Details
Founding Year
2019
Phone
(909) 587-1788Principal Officer
Pamela Deans
Main Address
14050 Cherry Ave Ste R PMB 1108, Fontana, CA, 92337
Website
www.microbizinsocal.orgNTEE Category
Code: B11 - Education
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