My Networth Investment Inc

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

EIN: 853261795 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is My Networth Investment Inc?

My Networth Investment Inc is a nonprofit organization dedicated to empowering minority-owned businesses. Their mission is to help these businesses flourish and attain economic self-sufficiency, ultimately leading to the establishment of generational wealth. The organization's activities are geared towards providing opportunities for these businesses to thrive, fostering their growth and success.

Is My Networth Investment Inc legitimate?

My Networth Investment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Networth Investment 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.

What is the mission statement of My Networth Investment Inc?

My Networth Investment Inc's mission is centered around enhancing the prospects of minority-owned businesses. The organization strives to facilitate their growth, enabling them to achieve financial self-sufficiency. With a long-term vision, My Networth Investment Inc aims to establish a foundation for generational wealth within these businesses.

What is the revenue of My Networth Investment Inc?

My Networth Investment Inc's revenue in 2020 was $6,857.

Who are the executives of My Networth Investment Inc and what are their salaries?

There is 1 key member and their salary:


Jerita Simpson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for My Networth Investment Inc?

My Networth Investment Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of My Networth Investment Inc

My NetWorth Investment Inc, as an organization, is dedicated to enhancing the prospects of minority-owned businesses. Their mission is centered around fostering an environment where these businesses can flourish, ultimately attaining economic self-sufficiency. The long-term goal is to establish generational wealth within these communities. By focusing on the expansion of opportunities for minority-owned businesses, My NetWorth Investment Inc aims to contribute significantly to the overall progress and prosperity of these communities.

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Impact




August, 2024

My NetWorth Investment Inc's impact is centered around expanding opportunities for minority-owned businesses to thrive and achieve economic self-sufficiency. By supporting these businesses, the organization is working towards not only the success of these enterprises but also towards the creation of generational wealth within minority communities. My NetWorth Investment Inc is dedicated to fostering economic empowerment and community improvement through its initiatives.




This information is meant to be a general summary of My Networth Investment 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
$6,857 (2020)
Expenses
$6,857 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $6,857

Assets and Liabilities:

  • Total Assets: $1
  • Total Liabilities: $0
  • Net Assets: $1

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Organization Details

Principal Officer

Jerita Simpson

NTEE Category

Code: S40 - Community improvement

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