Overview
What is Startupaz Foundation?
Startupaz Foundation, with its headquarters in Phoenix, Arizona, is a nonprofit organization dedicated to fostering the growth of high-potential startups in the region. By encouraging a 12-month commitment among emerging leaders, Startupaz enables entrepreneurs to leverage their talents, networks, and resources to mutually support each other in achieving business success and making a positive impact in the community. In 2022, the foundation assisted 29 new entrepreneurs in growing their businesses through this program. Beyond this, Startupaz supported over 40 businesses through educational and mentoring sessions, contributing to over 1700 jobs and generating 200 million dollars in revenue and economic impact. The organization also collaborated with local organizations and events and co-sponsored a grant to help businesses struggling with COVID-19 retain jobs. In essence, Startupaz Foundation plays a vital role in nurturing Arizona's entrepreneurial community, aiming to create lasting impact within the region.
Official website here: www.startupaz.org
Is Startupaz Foundation legitimate?
Startupaz Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Startupaz 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: $197,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,000
For more financial information, click here
Official website here: www.startupaz.org
What is the mission statement of Startupaz Foundation?
The Startupaz Foundation's mission is centered around building a local community of entrepreneurs with a shared goal of making a positive impact. Their primary objective is to accelerate the performance of high-potential startup companies. Emerging leaders commit to a 12-month program, leveraging their talents, networks, and resources to support each other in their business ventures and community impact. In 2022, the foundation assisted 29 new entrepreneurs, supporting over 40 businesses that collectively created over 1700 jobs and generated over 200 million in revenue and economic impact. Furthermore, Startupaz backed local organizations and events, co-sponsored grants to help businesses affected by COVID-19, and organized events to support entrepreneurs and community supporters.
Official website here: www.startupaz.org
What is the revenue of Startupaz Foundation?
Startupaz Foundation's revenue in 2023 was $261,030.
Official website here: www.startupaz.org
Who are the executives of Startupaz Foundation and what are their salaries?
The average compensation at Startupaz Foundation during 2023 was $56,163. There are 5 employees and 6 volunteers at Startupaz Foundation.
Here are 10 key members and their salaries:
- Compensation: $116,497
- Related: $0
- Other: $19,998
- Compensation: $91,667
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.startupaz.org
Where can I find the form 990 for Startupaz Foundation?
Startupaz Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.startupaz.org
Learn more at the official website: www.startupaz.org
Mission Statement of Startupaz Foundation
Startupaz Foundation, a nonprofit organization, is committed to building a local community of entrepreneurs in Arizona who are passionate about making a positive impact. Their mission is to accelerate the performance of high-potential startups in the region by encouraging emerging leaders to make a 12-month commitment to support each other. This collective effort combines talents, networks, and resources, aiming to help each other achieve success in building their companies and contributing to the community's lasting impact.
In 2022, Startupaz Foundation supported 29 new entrepreneurs through their program, contributing to the growth of over 40 businesses. These businesses, in turn, created over 1700 jobs and generated 200 million dollars in revenue and economic impact. Furthermore, Startupaz Foundation supported several local organizations and events and co-sponsored the EmergeAZ Fast Grant, which assisted businesses struggling during the COVID-19 pandemic in retaining jobs amid sustained market losses. The organization continues to host a variety of educational and mentoring sessions, both in-person and virtually, to support hundreds of entrepreneurs and community supporters.
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Impact
October, 2024
Startupaz Foundation has made a significant impact in Arizona by fostering a vibrant community of entrepreneurs dedicated to creating positive change. Through its signature initiatives, the organization has accelerated the growth of high-potential startups, cultivating collaboration among emerging leaders who commit to supporting one another over a 12-month period.
In 2022, Startupaz directly assisted 29 new entrepreneurs, enabling them to expand their businesses. The foundation supported over 40 businesses through a mix of virtual and in-person educational and mentoring sessions, collectively contributing to the creation of more than 1,700 jobs and generating around $200 million in economic impact.
Additionally, Startupaz played a crucial role in supporting local organizations, co-sponsoring the $1.5 million EmergeAZ Fast Grant program that helped businesses facing challenges during the COVID-19 pandemic to retain jobs amid market instability. By convening various events both virtually and in person, Startupaz has extended its reach to hundreds of entrepreneurs and community supporters, solidifying its position as a catalyst for community improvement and entrepreneurial success in Arizona.
This information is meant to be a general summary of Startupaz 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 2023.
- Investment Income: $2,485
- Program Service Revenue: $75,000
- Gross Receipts: $261,030
Assets and Liabilities:
- Total Assets: $255,164
- Total Liabilities: $0
- Net Assets: $255,164
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRANT ADMINISTRATION
Revenue
$75,000
Organization Details
Founding Year
2019
Principal Officer
R Brandon Clarke
Website
www.startupaz.orgNTEE Category
Code: S43 - Community improvement
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