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Entrepreneur Educational Cente

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

EIN: 954227986 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Entrepreneur Educational Cente?

The Entrepreneur Educational Cente, located at 10124 S BROADWAY STE 200, Los Angeles, CA 90003, is a nonprofit organization dedicated to empowering diverse entrepreneurs, at-risk youth, handicapped entrepreneurs, and individuals re-entering society. They offer educational programs to assist these individuals in launching or expanding their small businesses. In the past year, they have successfully helped 13 entrepreneurs in their endeavors.

Is Entrepreneur Educational Cente legitimate?

Entrepreneur Educational Cente is a legitimate nonprofit organization registered as a 501(c)(3) entity. Entrepreneur Educational Cente 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: $223,584
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,962

For more financial information, click here

What is the mission statement of Entrepreneur Educational Cente?

The Entrepreneur Educational Center's mission is geared towards educating a diverse group of entrepreneurs, including those from various cultural backgrounds, at-risk youth, handicapped individuals, and people reentering society, with the goal of helping them start or expand their small businesses. By offering educational programs, the center aims to equip these individuals with the necessary skills and resources to navigate the business world successfully. The center's activities have resulted in assisting 13 individuals in launching or expanding their ventures.

What is the revenue of Entrepreneur Educational Cente?

Entrepreneur Educational Cente's revenue in 2024 was $149,038.

Who are the executives of Entrepreneur Educational Cente and what are their salaries?

The average compensation at Entrepreneur Educational Cente during 2024 was $45,693. There are 8 employees at Entrepreneur Educational Cente.

Here are 8 key members and their salaries:


Barbara Stanto (Exec Director)
  • Compensation: $145,143
  • Related: $0
  • Other: $0
Del Atkins (Dir Marketing)
  • Compensation: $93,674
  • Related: $0
  • Other: $0
Janine Haydel (Cfo)
  • Compensation: $13,392
  • Related: $0
  • Other: $0
Ed Rice (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Starr Parker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marla Gibbs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Del Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hawthorne Jame (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Entrepreneur Educational Cente?

Entrepreneur Educational Cente's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Entrepreneur Educational Cente

The Entrepreneur Educational Center is dedicated to educating a diverse group of entrepreneurs, including those from multicultural backgrounds, at-risk youth, handicapped individuals, and those re-entering society, with the aim of helping them start or expand their small businesses. This nonprofit organization's mission is to equip these individuals with the necessary skills and knowledge to navigate the world of entrepreneurship, fostering economic growth and self-sufficiency within these communities. By providing educational resources and support, the Entrepreneur Educational Center empowers these entrepreneurs to turn their business ideas into successful ventures, ultimately contributing to a more prosperous and inclusive society. In total, the Center has assisted 13 individuals in achieving their entrepreneurial goals.

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Impact




October, 2024

The Entrepreneur Educational Center significantly impacts the Los Angeles community by empowering a diverse range of individuals, including multi-cultural entrepreneurs, at-risk youth, and those re-entering society, to start or expand their small businesses. Through educational programs and resources, the Center has successfully assisted 13 individuals in their entrepreneurial journeys, fostering economic growth and community development.

By focusing on underserved groups, the Center not only enhances individual livelihoods but also contributes to social equity and inclusive economic opportunity. Its mission to educate and support these entrepreneurs helps create a more vibrant and resilient local economy, ultimately leading to improved community conditions and increased entrepreneurial spirit among those typically marginalized in the business landscape. The Center's dedication to promoting entrepreneurship among handicappable individuals and vulnerable populations paves the way for innovation and creativity, making a lasting difference in the lives of participants and the broader community.




This information is meant to be a general summary of Entrepreneur Educational Cente. 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
$149,038 (2024)
Expenses
$1,286,300 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $84,538
  • Program Service Revenue: $64,500
  • Gross Receipts: $149,038

Assets and Liabilities:

  • Total Assets: $8,624
  • Total Liabilities: $48,475
  • Net Assets: -$39,851

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Programs

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

GRANTS RECEIVED

Revenue

$64,500

Organization Details

Founding Year

1989

Principal Officer

Ed Rice

NTEE Category

Code: S43 - Community improvement

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