Entrepreneurship For All Inc

Organization Overview

Entrepreneurship For All Inc is located in Lowell, MA. The organization was established in 2015. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Entrepreneurship For All Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Entrepreneurship For All 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 12/2021, Entrepreneurship For All Inc generated $9.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 55.5% each year . All expenses for the organization totaled $5.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACCELERATE ECONOMIC & SOCIAL IMPACT IN COMMUNITIES NATIONWIDE THROUGH INCLUSIVE ENTREPRENEURSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION IS A 501 (C) (3) NON-PROFIT ORGANIZATION DEDICATED TO ACCELERATING ECONOMIC AND SOCIAL IMPACT THROUGH ENTREPRENEURSHIP IN UNDER RESOURCED MID-SIZED CITIES. WE FOSTER ECONOMIC GROWTH AND JOB CREATION IN THESE UNDERSERVED COMMUNITIES BY RAISING THE VISIBILITY OF ENTREPRENEURSHIP WITHIN THEM AND TRAINING ASPIRING ENTREPRENEURS SO THEY HAVE A HIGHER LIKELIHOOD OF SUCCESS WITH THEIR VENTURES. STRONG PREFERENCE IS GIVEN TO CANDIDATES THAT EITHER RESIDE IN OR INTEND TO START BUSINESSES IN UNDERSERVED OR DISADVANTAGED COMMUNITIES. THE ORGANIZATION WILL PURSUE ITS CHARITABLE OBJECTIVES THROUGH:1.AWARENESS BUILDING AMONGST LOW INCOME, LOW EDUCATION LEVEL, OR UNEMPLOYED RESIDENTS PROVIDING ACCESS TO RESOURCES, AND NON-ENGLISH SPEAKING PROGRAMS2.TRAINING AND SUPPORT WHICH WILL INCLUDE HOSTING ACCELERATOR PROGRAMS FOR SELECTED INDIVIDUALS ASPIRING TO LAUNCH A NEW BUSINESS OR NONPROFIT3.PROVIDING ACCESS TO RESOURCES INCLUDING THE PROVISION OF CAPITAL TO ACCELERATOR PROGRAM GRADUATES AND THE USE OF OFFICE SPACE AND RELATED SERVICES4.NON-ENGLISH SPEAKING PROGRAMS IN ORDER TO ENGAGE UNDERPRIVILEGED RESIDENTS WHO DO NOT SPEAK ENGLISH AS A FIRST LANGUAGE


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,915,312
All other contributions, gifts, grants, and similar amounts not included above$7,129,733
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,045,045
Total Program Service Revenue$125,000
Investment income $1,421
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $11,586
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 $9,183,052

Grants Awarded

Over the last fiscal year, Entrepreneurship For All Inc has awarded $25,000 in support to 2 organizations.

Grant RecipientAmount

SOLSHINE YOGA

PURPOSE: SUPPORT UNDERREPRESENTED BUSINESSES.

$15,000

NEW BEDFORD PERFORMING ARTS CENTER

PURPOSE: SUPPORT UNDERREPRESENTED BUSINESSES.

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 43 grants that Entrepreneurship For All Inc has recieved totaling $2,907,137.

Awarding OrganizationAmount
Esler Family Foundation

Albany, NY

PURPOSE: GENERAL CHARITABLE

$500,000
Walton Family Foundation Inc

Bentonville, AR

PURPOSE: TO SUPPORT UNDER-REPRESENTED ENTREPRENEURS IN NORTHWEST ARKANSAS WITH TRAINING AND TECHNICAL ASSISTANCE.

$350,000
The Rhode Island Community Foundation

Providence, RI

PURPOSE: FUNDING ENTREPRENEURSHIP GRANTS IN RI; PROGRAM SUPPORT; RHODE ISLAND SITE; RHODE ISLAND EXPANSION; EFORALL IN RHODE ISLAND: REDUCING RACIAL INCOME DISPARITIES THROUGH INCLUSIVE ENTREPRENEURSHIP TRAINING; RHODE ISLAND EXPANSION; EFORALL RHODE ISLAND; RHODE ISLAND EXPANSION

$249,000
First Niagara Foundation

Buffalo, NY

PURPOSE: EDUCATION

$200,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$132,271
$126,916
View Grant Recipient Profile

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