100 Entrepreneurs Foundation Inc
- Assets
- $101.3k
- Revenue
- $98.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Stevensville, MD
- Founding
- 08/2012
- Data as of
- 06/2021
- EIN
- 45-4577599
Organization Overview
100 Entrepreneurs Foundation Inc is located in Stevensville, MD. The organization was established in 2012. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 100 Entrepreneurs Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, 100 Entrepreneurs Foundation Inc generated $98.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $70.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE WOUNDED VETERANS AND THEIR FAMILY MEMBERS WITH MUCH NEEDED INFORMATION ABOUT ENTREPRENEURSHIP, INDUSTRIES, BUSINESS FUNCTIONS AND REQUIREMENTS, AND OPPORTUNITIES TO BUILD THEIR OWN BUSINESSES OR TO FIND A MEANINGFUL CAREER IN AN INDUSTRY OF THEIR CHOICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 100 ENTREPRENEURS PROJECT IS THE FOUNDATIONS PRINCIPAL ACTIVITY, ANNUALLY PROVIDING TWELVE CLASSES, BI-WEEKLY, SPRING AND FALL, FREE OF CHARGE TO WOUNDED VETERANS. THE SUBJECT MATTER OF THE CLASSES INCLUDES AREAS SUCH AS BUSINESS PLANNING, SALES, MARKETING, ACCOUNTING AND LEGAL, FRANCHISING, FINANCIAL PLANNING AND REAL CASE STUDIES DERIVED FROM INTERVIEWING "100 ENTREPRENEURS." THE BUSINESS INSIGHT AND WISDOM DERIVED FROM THESE INTERVIEWS, THE SUCCESSES AND FAILURES OF THESE ENTREPRENEURS FROM OVER 80 TYPES OF BUSINESSES, BOTH SELF-FUNDED AND VENTURE BACKED, PROVIDE INFORMATION, IDEAS, INSPIRATION AND OPPORTUNITIES FOR MEN AND WOMEN WHO HAVE BEEN WOUNDED IN SERVICE TO OUR COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Nilsson President & | OfficerTrustee | 25 | $48,000 |
Patricia Horan Secretary | OfficerTrustee | 2 | $7,700 |
Christopher Santiago Treasurer & | OfficerTrustee | 10 | $0 |
Nick Billotti Director | Trustee | 2 | $0 |
Michael Nilsson Director | Trustee | 2 | $0 |
Hien Tran Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,917 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,917 |
| Total Program Service Revenue | $0 |
| Investment income | $134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,051 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $48,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $566 |
| Information technology | $617 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $523 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,031 |
| All other expenses | $0 |
| Total functional expenses | $70,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,272 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $101,272 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $101,272 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $101,272 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 100 Entrepreneurs Foundation Inc has recieved totaling $15.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
Caring For Military Families The Elizabeth Dole Foundation Washington, DC | $8,548,001 | $7,173,277 |
Young Marines Of The Marine Corps League Dumfries, VA | $6,204,129 | $6,595,765 |
Coast Guard Mutual Assistance Incorporated Arlington, VA | $53,600,951 | $7,292,457 |
Navy League Of The United States National Headquarters Arlington, VA | $72,874,046 | $1,354,328 |
Special Operations Association Of America Washington, DC | $200,086 | $3,886,390 |
Naval Academy Sailing Foundation Inc Annapolis, MD | $38,236,455 | $2,114,798 |