The 1000 Start-Ups Consortium Inc

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

EIN: 852661417 ✦ Fernandina beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is The 1000 Start-Ups Consortium Inc?

The 1000 Start-Ups Consortium Inc is a nonprofit organization situated in Fernandina Beach, Florida. Their primary mission is to offer economic and re-entry opportunities by providing training and funding for low-cost business start-ups for individuals from traditionally marginalized or at-risk communities. This nonprofit organization aims to empower potential entrepreneurs, inmates, and previous offenders from underserved areas, ultimately fostering the growth of a consortium of like-minded businesses. Through their initiatives, they strive to uplift and support these communities, contributing to their overall economic development.


Official website here: www.1000dollarstartups.org

Is The 1000 Start-Ups Consortium Inc legitimate?

The 1000 Start-Ups Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 1000 Start-Ups Consortium 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.1000dollarstartups.org

What is the mission statement of The 1000 Start-Ups Consortium Inc?

The 1000 Start-Ups Consortium Inc is committed to providing economic and re-entry opportunities for entrepreneurs from marginalized or at-risk communities. They achieve this by offering training and funding for low-cost business start-ups. Their mission extends to supporting inmates, former offenders, and other potential entrepreneurs, aiming to build a network of like-minded businesses. This initiative seeks to empower individuals from these communities, providing them with the tools and resources necessary to establish and grow their own businesses.


Official website here: www.1000dollarstartups.org

Who is the CEO of The 1000 Start-Ups Consortium Inc?

Leah Ward-Lee is the Director of The 1000 Start-Ups Consortium Inc.


Official website here: www.1000dollarstartups.org

What is the revenue of The 1000 Start-Ups Consortium Inc?

The 1000 Start-Ups Consortium Inc's revenue in 2022 was $230,281.


Official website here: www.1000dollarstartups.org

Who are the executives of The 1000 Start-Ups Consortium Inc and what are their salaries?

There 5 volunteers at The 1000 Start-Ups Consortium Inc.


Here are 7 key members and their salaries:


Reverend Anthony Daniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connor Fasel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xylina Marie Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel O Lane (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony X Lee (Co-Founder/D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reginald Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Ward-Lee (Co-Founder &)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.1000dollarstartups.org

Where can I find the form 990 for The 1000 Start-Ups Consortium Inc?

The 1000 Start-Ups Consortium Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.1000dollarstartups.org

Learn more at the official website: www.1000dollarstartups.org

Mission Statement of The 1000 Start-Ups Consortium Inc

The 1000 Start-Ups Consortium Inc is committed to providing a pathway to economic and re-entry opportunities for individuals hailing from traditionally marginalized or at-risk communities. This nonprofit organization achieves this goal by offering training and funding for low-cost business start-ups. By doing so, it empowers potential entrepreneurs, inmates, and former offenders to create their own enterprises. In addition, The 1000 Start-Ups Consortium Inc aims to build a network of like-minded businesses, fostering a collaborative environment that can further support the growth of these new ventures.

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Impact




October, 2024

The 1000 Start-Ups Consortium Inc significantly impacts its community by providing essential training and funding for low-cost business start-ups aimed at potential entrepreneurs from traditionally marginalized or at-risk backgrounds. By focusing on individuals who are often overlooked, including inmates and previous offenders, the Consortium fosters economic empowerment and facilitates re-entry into the workforce.

This initiative not only supports individual entrepreneurs in building sustainable businesses but also contributes to community improvement by creating job opportunities and stimulating local economies. By building a consortium of like-minded businesses, it encourages collaboration and resource sharing, further enhancing the potential for success among its members. Through its comprehensive approach, The 1000 Start-Ups Consortium Inc is helping to transform lives, reduce recidivism, and strengthen communities.




This information is meant to be a general summary of The 1000 Start-Ups Consortium 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
$230,281 (2022)
Expenses
$38,880 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $60
  • Program Service Revenue: $720
  • Gross Receipts: $230,281

Assets and Liabilities:

  • Total Assets: $202,681
  • Total Liabilities: $0
  • Net Assets: $202,681

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$720

Organization Details

Founding Year

2020

Principal Officer

Leah Ward-Lee

Main Address

212 S 8TH STREET UNIT B, FERNANDINA BEACH, FL, 32034

NTEE Category

Code: S30 - Community improvement

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