Spirits Training Entrepreneurship Program For Unre

Stepup Foundation

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

EIN: 852454665 ✦ Oakton, VA ✦ Designated as a 501(c)(3)

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Overview

What is Spirits Training Entrepreneurship Program For Unre?

Spirits Training Entrepreneurship Program for Unre, managed by The Stepup Foundation, is a charitable organization situated in Oakton, Virginia. Their primary mission is to empower underserved and underrepresented individuals, providing them with necessary training, encouragement, and opportunities to integrate into the Craft Spirits Community. This is achieved through a comprehensive internship program. With a single employee, The Stepup Foundation has successfully supported the first two individuals who have successfully completed this program, setting them on a path to contribute to the Craft Spirits Industry.


Official website here: www.stepupinternship.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

The Spirits Training Entrepreneurship Program for Unre has received a solid rating of 88%, indicating a strong commitment to accountability and financial management. The overall score is based entirely on the Accountability & Finance beacon, which reflects the organization’s transparency and adherence to best practices in governance.

Key strengths include having a fully independent board of directors, with all members meeting criteria for independence. The organization also demonstrates effective financial practices, as evidenced by a low liabilities to assets ratio of just 1.87%. Furthermore, comprehensive policies related to conflict of interest, whistleblower protection, and document retention are well established, contributing to a transparent operational framework.

However, while the program expense ratio stands at 63.10%, indicating a reasonable allocation of funds towards its programs, there is room for improvement. Specifically, this score could benefit from an increase in program expenditures relative to total expenses, emphasizing the impact of its initiatives in the community it serves. Overall, the organization showcases commendable governance practices with some areas for growth in financial efficiency.


This AI summary has been generated from information found on Charity Navigator.

Is Spirits Training Entrepreneurship Program For Unre legitimate?

Spirits Training Entrepreneurship Program For Unre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spirits Training Entrepreneurship Program For Unre 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,914

For more financial information, click here


Official website here: www.stepupinternship.org/

What is the mission statement of Spirits Training Entrepreneurship Program For Unre?

The Stepup Foundation, as a 501(C)(3) charitable organization, is dedicated to empowering underserved and underrepresented individuals by offering them comprehensive training and opportunities to join the Craft Spirits Community. Through an internship program, it provides encouragement and the necessary resources for these individuals to successfully enter this field. The foundation has successfully supported two individuals by offering them this unique training and opportunity.


Official website here: www.stepupinternship.org/

Who is the CEO of Spirits Training Entrepreneurship Program For Unre?

Julie Kinch is the Director of Spirits Training Entrepreneurship Program For Unre.


Official website here: www.stepupinternship.org/

What is the revenue of Spirits Training Entrepreneurship Program For Unre?

Spirits Training Entrepreneurship Program For Unre's revenue in 2022 was $975,198.


Official website here: www.stepupinternship.org/

Who are the executives of Spirits Training Entrepreneurship Program For Unre and what are their salaries?

The average compensation at Spirits Training Entrepreneurship Program For Unre during 2022 was $43,914. There is 1 employee and 7 volunteers at Spirits Training Entrepreneurship Program For Unre.


Here are 7 key members and their salaries:


Chris Underwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ingrid Wetzell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Montana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Harris (Director Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Kinch (Director Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Lehrman (Director President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stepupinternship.org/

Where can I find the form 990 for Spirits Training Entrepreneurship Program For Unre?

Spirits Training Entrepreneurship Program For Unre's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stepupinternship.org/

Learn more at the official website: www.stepupinternship.org/

Mission Statement of Spirits Training Entrepreneurship Program For Unre

The Stepup Foundation, as a 501(C)(3) charitable organization, is committed to making a significant impact in an underserved and underrepresented community. Their mission is to offer a comprehensive internship program, known as the Spirits Training Entrepreneurship Program For Unre, designed to equip individuals with the necessary training, encouragement, and opportunities to embark on a successful career in the Craft Spirits Community. This program is instrumental in opening doors for those who may have been previously excluded, providing them with the tools and support needed to thrive in this industry. Two individuals have already completed this program, benefiting from the foundation's commitment to their professional growth and future success in the Craft Spirits Community.

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Impact




July, 2024

The Spirits Training Entrepreneurship Program For Unre has successfully guided the first two underserved and underrepresented individuals through its comprehensive internship program. These individuals have received vital training, encouragement, and opportunities that will empower them to enter the Craft Spirits Community. The impact of this program is evident in the tangible progress made by these participants towards building a foundation for success in the industry.




This information is meant to be a general summary of Spirits Training Entrepreneurship Program For Unre. 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
$975,198 (2022)
Expenses
$236,020 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $93
  • Gross Receipts: $975,198

Assets and Liabilities:

  • Total Assets: $1,504,466
  • Total Liabilities: $49,079
  • Net Assets: $1,455,387

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Organization Details

Founding Year

2020

Principal Officer

Julie Kinch

Main Address

2911 Hunter Mill Road STE 303, Oakton, VA, 22124

NTEE Category

Code: B60 - Education

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