Goleta Entrepreneurial Magnet
- Assets
- $181.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Goleta, CA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 47-1008477
Organization Overview
Goleta Entrepreneurial Magnet is located in Goleta, CA. The organization was established in 2014. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Goleta Entrepreneurial Magnet employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goleta Entrepreneurial Magnet is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MONTHLY WORKSHOPS AIMED TOWARDS STARTUPS; SUMMER ACCELERATOR PROGRAM THAT PROVIDES FUNDING AND MENTORSHIP FOR UCSB STARTUPS; AND INCUBATOR PROGRAM TO SUPPORT LOCAL ENTREPRENEURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Lewis Director | 2 | $0 | |
Dave Adornetto Director | 2 | $0 | |
Jaime Valdez Treasurer | 2 | $0 | |
Ryan Kintz Chairman | 2 | $0 | |
Emily Cotter Director | 2 | $0 | |
Tal Margalith Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,169 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,891 |
| Total expenses | $38,560 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,579 |
| Other assets | $0 |
| Total assets | $181,469 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,469 |