The Boost Pad Inc

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

EIN: 843158649 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Boost Pad Inc?

The Boost Pad Inc, a Charlotte, North Carolina-based nonprofit, is committed to fostering economic growth and equality within its community. Guided by the principle of treating others as one would oneself, the organization offers founders access to seasoned business mentors who have achieved success in their respective fields. The Boost Pad Incubator serves as a platform where these mentors share their wisdom and expertise, guiding entrepreneurs towards their goals.


Official website here: www.theboostpad.org

Is The Boost Pad Inc legitimate?

The Boost Pad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Boost Pad Inc submitted a form 990EZ, 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.


Official website here: www.theboostpad.org

What is the mission statement of The Boost Pad Inc?

The Boost Pad Incubator is committed to promoting economic mobility and equality within the community. This mission is rooted in the principle of loving one's neighbor as oneself. The incubator provides aspiring entrepreneurs with access to experienced mentors who have successfully built their own businesses, guiding them towards their goals. The incubator's mission is to support founders in their journey towards success.


Official website here: www.theboostpad.org

Who is the CEO of The Boost Pad Inc?

Unavailable


Official website here: www.theboostpad.org

What is the revenue of The Boost Pad Inc?

The Boost Pad Inc's revenue in 2022 was $187,514.


Official website here: www.theboostpad.org

Who are the executives of The Boost Pad Inc and what are their salaries?


Here are 4 key members and their salaries:


Steven Lewis (Co Director)
  • Compensation: $41,500
  • Related: $0
  • Other: $0
Joan Randall (Co Director)
  • Compensation: $28,300
  • Related: $0
  • Other: $0
Charles Kearse (Eir)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Mark Babaran (Admin Assistant)
  • Compensation: $5,940
  • Related: $0
  • Other: $0


Official website here: www.theboostpad.org

Where can I find the form 990EZ for The Boost Pad Inc?

The Boost Pad Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.theboostpad.org

Learn more at the official website: www.theboostpad.org

Mission Statement of The Boost Pad Inc

The Boost Pad Incubator is committed to fostering economic mobility and equality within the community, drawing inspiration from the Biblical principle of loving one's neighbor as oneself. This nonprofit organization serves as a platform, providing aspiring entrepreneurs with access to seasoned mentors who have established successful businesses. The Boost Pad Incubator's primary mission is to guide these founders towards their growth and development, helping them navigate the path to success.

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Impact




October, 2024

The Boost Pad Incubator plays a vital role in enhancing economic mobility and promoting equality within the Charlotte community. By offering access to experienced mentors and subject matter experts, it equips aspiring entrepreneurs with the knowledge and resources needed to build successful businesses. This guidance not only fosters individual success but also contributes to the overall improvement of the local economy. The Boost Pad's commitment to community engagement is rooted in the principle of loving one’s neighbor, which translates into a supportive environment where diverse voices can thrive. Through its initiatives, The Boost Pad Incubator actively works to uplift the community and create a more equitable landscape for future generations.




This information is meant to be a general summary of The Boost Pad 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
$187,514 (2022)
Expenses
$155,110 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $22,875
  • Gross Receipts: $187,514

Assets and Liabilities:

  • Total Assets: $185,237
  • Total Liabilities: $0
  • Net Assets: $185,237

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Organization Details

Main Address

933 LOUISE AVE SUITE 101-F, CHARLOTTE, NC, 28204

NTEE Category

Code: S43 - Community improvement

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