Overview
What is Onaben?
Onaben is a nonprofit organization that serves Native communities across the United States, offering a range of products and services. Their mission is to foster economic development among Native peoples and communities of color by establishing culturally relevant business solutions to encourage individual and community wealth building. They provide entrepreneurial development services to aspiring Native youth, Indianpreneurs, and minority-owned small business owners through online learning platforms and workshops. Onaben also offers organizational capacity building and technical assistance to Native organizations in need of programmatic and leadership support, as well as contractual services to grow the ability of Native-owned businesses and organizations. With a team of nine dedicated individuals, Onaben has provided over 500 books and hosted 30 training events, reaching over 1500 participants. Their activities are focused on supporting entrepreneurial training and development, financial wellness and capability, program development, leadership development, strategic planning, design services, and team building.
Official website here: www.onaben.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates that while Onaben demonstrates some strengths, there are significant areas for improvement, particularly in governance and transparency. The organization has a solid program expense ratio of 76.94%, suggesting that a large portion of its resources is directed toward its mission-related activities.
Onaben benefits from having a fully independent board, which is a positive sign for accountability. Additionally, there has been no material diversion of assets, indicating that the organization manages its resources responsibly. However, the absence of key policies, such as conflict of interest and whistleblower protections, raises concerns about overall governance practices.
Overall, while Onaben shows promise with strong financial management and independent oversight, the lack of essential governance policies may hinder its effectiveness and transparency. Potential donors and stakeholders may want to consider these factors when evaluating the organization’s reliability and overall impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Onaben?
98% of 27 reviewers on Facebook recommend Onaben. Here is a summary of their reviews:
Many participants found the classes offered by Onaben to be incredibly informative, highlighting how they provide valuable insights into various funding sources. This suggests that the organization effectively meets the educational needs of its audience, empowering them with knowledge and resources that can lead to success.
Overall, the sentiment is overwhelmingly positive, with users appreciating the relevance and quality of the information shared. The organization's commitment to delivering practical resources appears to greatly resonate with those it serves, reinforcing its reputation as a valuable resource in the community.
This AI summary has been generated from reviews found on Facebook.
Is Onaben legitimate?
Onaben is a legitimate nonprofit organization registered as a 501(c)(3) entity. Onaben 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: $235,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,613
For more financial information, click here
Official website here: www.onaben.org
What is the mission statement of Onaben?
Onaben's mission is centered around boosting the economic development of various communities, particularly those of Native origin and color. They aim to achieve this by establishing culturally relevant products and services, fostering the growth of aspiring entrepreneurs, and promoting small businesses. The organization's mission is to strengthen indigenous communities and individuals by increasing economic growth opportunities through culturally innovative business solutions. Onaben provides a range of services, including entrepreneurial development for Native youth and business owners, online learning platforms, and face-to-face workshops. Additionally, they offer organizational capacity building and technical assistance to Native organizations in need of support. Their efforts have resulted in providing over 500 books and conducting over 30 training events for over 1500 participants. Onaben also offers contractual services to help Indian-owned businesses and organizations grow in various areas such as entrepreneurial training, financial wellness, strategic planning, and team building.
Official website here: www.onaben.org
Who is the CEO of Onaben?
Veronica Hix is the Executive Di of Onaben.
Official website here: www.onaben.org
What is the revenue of Onaben?
Onaben's revenue in 2022 was $1,062,418.
Official website here: www.onaben.org
Who are the executives of Onaben and what are their salaries?
The average compensation at Onaben during 2022 was $47,182. There are 9 employees at Onaben.
Here are 6 key members and their salaries:
- Compensation: $235,027
- 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.onaben.org
Where can I find the form 990 for Onaben?
Onaben's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.onaben.org
Learn more at the official website: www.onaben.org
Mission Statement of Onaben
Onaben, a nonprofit organization, is driven by a mission to advance the economic development of Native peoples and communities of color. Their ultimate goal is to foster the growth of individual and community wealth by establishing culturally relevant products and services. This is achieved through the creation of aspiring entrepreneurs and small businesses, financial empowerment initiatives, and organizational development. Onaben's mission is to strengthen Indigenous communities and individuals by increasing opportunities for economic growth through culturally innovative business solutions.
Onaben's mission is evident in the variety of products and services they provide to Native communities across the United States. They offer entrepreneurial development services to aspiring Native youth, Indianpreneurs, and minority-owned small business owners. Their online learning platforms and face-to-face workshops provide valuable training and resources. Moreover, Onaben offers organizational capacity building and technical assistance services to Native organizations in need of programmatic and leadership support. Their commitment to strengthening Indigenous communities is evident in the over 500 books and 30 training events they have provided to over 1500 participants. Onaben's mission is not just about providing resources; it's about empowering individuals and communities to build a stronger, more prosperous future.
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Impact
July, 2024
Onaben's impact lies in advancing the economic development of Native peoples and communities of color through culturally relevant products and services. By focusing on individual and community wealth building, Onaben empowers aspiring entrepreneurs and small businesses, while also providing financial empowerment initiatives, organizational development, and community asset building. Through their entrepreneurial development services for Native youth, Indianpreneurs, and minority-owned small businesses, Onaben reaches indigenous communities across the United States. Additionally, their support in organizational capacity building and technical assistance helps native organizations in need of programmatic and leadership support. Onaben's provision of training events, books, and contractual services has positively impacted over 1500 participants, growing the abilities of Indian-owned businesses and organizations in various areas such as entrepreneurial training, financial wellness, and strategic planning. Onaben's mission to strengthen Indigenous communities and individuals through culturally innovative business solutions has a tangible and vital impact on economic growth and empowerment.
This information is meant to be a general summary of Onaben. 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 2022.
- Program Service Revenue: $39,526
- Gross Receipts: $1,062,418
Assets and Liabilities:
- Total Assets: $2,046,448
- Total Liabilities: $778
- Net Assets: $2,045,670
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOK ORDER
Revenue
$30,954
PROGRAM INCOME
Revenue
$5,072
CONSULTING
Revenue
$3,500
Organization Details
Founding Year
1991
Phone
(503) 968-1500Principal Officer
Veronica Hix
Main Address
PO BOX 52132, TULSA, OK, 74152
Website
www.onaben.orgNTEE Category
Code: Z99Z - Unknown
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