Overview
What is The Tulsa Initiative Inc?
The Tulsa Initiative Inc, located in Chevy Chase, Maryland, is a nonprofit organization committed to uplifting the minority community economically. They achieve this by conducting the Tulsa Leadership and Entrepreneurship Academy (TLEA), which culminates in the Tulsa Shark Tank. During this event, participants who have demonstrated a strong desire to improve themselves and their communities present their business plans to a panel of accomplished entrepreneurs, in hopes of securing funding and consultation resources. The Tulsa Initiative Inc's goal is to empower and develop entrepreneurs, ultimately fostering the emergence of influential leaders who will make a positive impact in their community.
Official website here: www.tulsanonprofit.org
Is The Tulsa Initiative Inc legitimate?
The Tulsa Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Tulsa Initiative 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: $8,424
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tulsanonprofit.org
What is the mission statement of The Tulsa Initiative Inc?
The Tulsa Initiative Inc's mission is centered around introducing entrepreneurs to inspiring role models, encouraging intellectual growth, and fostering a positive mindset. The organization believes that this initiative will breed capable entrepreneurial leaders who can significantly benefit their communities. The Tulsa Leadership and Entrepreneurship Academy concludes with a Shark Tank-style event, aimed at stimulating economic growth within the minority community. This event provides funding opportunities to entrepreneurs who have demonstrated a strong desire to improve themselves and their communities, thereby empowering them to launch their own ventures.
Official website here: www.tulsanonprofit.org
Who is the CEO of The Tulsa Initiative Inc?
Qu'Derrick R Covington is the Principal Officer of The Tulsa Initiative Inc. The CEO's salary of The Tulsa Initiative Inc is $5,713 and their total compensation is $5,713.
Official website here: www.tulsanonprofit.org
What is the revenue of The Tulsa Initiative Inc?
The Tulsa Initiative Inc's revenue in 2021 was $71,297.
Official website here: www.tulsanonprofit.org
Who are the executives of The Tulsa Initiative Inc and what are their salaries?
There 20 volunteers at The Tulsa Initiative Inc.
Here are 11 key members and their salaries (The Tulsa Initiative Inc's CEO's salary is $5,713 and their total compensation is $5,713):
- Compensation: $5,713
- Related: $0
- Other: $0
- Compensation: $2,025
- Related: $0
- Other: $0
- Compensation: $343
- Related: $0
- Other: $0
- Compensation: $343
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tulsanonprofit.org
Where can I find the form 990 for The Tulsa Initiative Inc?
The Tulsa Initiative Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.tulsanonprofit.org
Learn more at the official website: www.tulsanonprofit.org
Mission Statement of The Tulsa Initiative Inc
The Tulsa Initiative Inc is committed to introducing entrepreneurs to inspirational role models, fostering intellectual growth, and cultivating a positive mindset. Their mission is rooted in the belief that by nurturing these qualities, they can foster the emergence of entrepreneurial leaders who will bring about positive change in their communities. Through this initiative, The Tulsa Initiative Inc aims to nurture individuals with a drive to improve themselves and their surroundings, ultimately making a significant, positive impact in their communities.
To achieve this mission, The Tulsa Initiative Inc concludes its Tulsa Leadership and Entrepreneurship Academy (TLEA) with the Tulsa Shark Tank event. This event provides a platform for entrepreneurs who have completed the TLEA to present their business plans to a panel of successful entrepreneurs, seeking funding opportunities and consultation packages in areas such as general business, IT, and marketing. This competition serves as a launchpad for these entrepreneurs, providing them with the necessary resources to kickstart their ventures and make a tangible impact in their communities.
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Impact
August, 2024
The Tulsa Initiative Inc has made a significant impact by introducing entrepreneurs to positive role models, nurturing intellect, fostering positive attitudes, and promoting a healthy mindset. Through initiatives like the Tulsa Shark Tank and the Tulsa Initiative Pitch Competition, this organization is stimulating economic growth in minority communities by investing directly in driven individuals seeking to better themselves and their surroundings. By providing funding opportunities and consultation packages in various business areas, The Tulsa Initiative Inc is not only jump-starting new ventures but also empowering entrepreneurial leaders to emerge and create a positive impact in their communities.
This information is meant to be a general summary of The Tulsa Initiative 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: $9,750
- Gross Receipts: $71,297
Assets and Liabilities:
- Total Assets: $39,003
- Total Liabilities: $0
- Net Assets: $39,003
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Organization Details
Founding Year
2019
Phone
(202) 704-6661Principal Officer
Qu'Derrick R Covington
Main Address
5425 Wisconsin Ave Ste 600-647, Chevy Chase, MD, 20815
Website
www.tulsanonprofit.orgNTEE Category
Code: P20 - Human services
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