Overview
What is Progeny Startup Inc?
Progeny Startup Inc is a nonprofit organization dedicated to promoting equity within underserved communities. Their mission encompasses educational and community outreach initiatives, aiming to foster equality in these areas. The organization is committed to serving these communities, with a focus on building a more equitable environment. Their activities are geared towards bettering the lives of those residing in underserved neighborhoods.
Is Progeny Startup Inc legitimate?
Progeny Startup Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Progeny Startup 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: $67,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Progeny Startup Inc?
Progeny Startup Inc's mission is centered around community development, specifically focusing on equitable growth in underserved areas. They engage in educational initiatives and community outreach within these neighborhoods, aiming to bridge equity gaps. The organization's activities also involve serving these underserved communities, striving to create a more balanced environment.
Who is the CEO of Progeny Startup Inc?
Rhonnie Brewer is the President of Progeny Startup Inc.
What is the revenue of Progeny Startup Inc?
Progeny Startup Inc's revenue in 2021 was $125,044.
Who are the executives of Progeny Startup Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Progeny Startup Inc?
Progeny Startup Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Progeny Startup Inc
Progeny Startup Inc, a community development organization, is committed to building equity within underserved neighborhoods. Their mission is threefold. Firstly, they engage in educational initiatives aimed at uplifting these communities. Secondly, they conduct extensive community outreach programs to foster a sense of unity and inclusion. Lastly, they strive to create equality in these neighborhoods by actively serving the community's needs. In essence, Progeny Startup Inc is dedicated to empowering and uplifting underserved neighborhoods through targeted educational and outreach programs.
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Impact
October, 2024
Progeny Startup Inc actively drives community development and equity in underserved neighborhoods in Memphis, TN. By focusing on educational initiatives and community outreach, the organization empowers local residents and fosters growth in areas that have historically been overlooked. Their efforts aim to bridge the gap in resources and opportunities, creating a more equitable environment for all residents. Through proactive engagement and support, Progeny Startup Inc enhances community cohesion and improves living conditions, ultimately contributing to a brighter future for these neighborhoods.
This information is meant to be a general summary of Progeny Startup 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Program Service Revenue: $23,401
- Gross Receipts: $125,044
Assets and Liabilities:
- Total Assets: -$109,748
- Total Liabilities: $0
- Net Assets: -$109,748
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Misc revenue
Revenue
$2,494
Program service
Revenue
$20,907
Organization Details
Principal Officer
Rhonnie Brewer
Main Address
3699 Buchanan Avenue, MEMPHIS, TN, 38122
NTEE Category
Code: S20 - Community improvement
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