Springboard 2000 Enterprises Inc
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 15
- Location
- Mclean, VA
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 52-2266068
Organization Overview
Springboard 2000 Enterprises Inc is located in Mclean, VA. The organization was established in 2001. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. As of 12/2023, Springboard 2000 Enterprises Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springboard 2000 Enterprises 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 12/2023, Springboard 2000 Enterprises Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 8.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SPRINGBOARD ACCELERATES THE GROWTH OF WOMEN-LED COMPANIES THROUGH ACCESS TO ESSENTIAL RESOURCES AND A GLOBAL NETWORK OF ENTREPRENEURS, ADVISORS, AND INVESTORS DEDICATED TO BUILDING HIGH-GROWTH COMPANIES LED BY WOMEN IN THE FIELDS OF TECHNOLOGY, WOMEN'S HEALTH, AND LIFE SCIENCES. IN OUR 20+ YEARS OF OPERATION, SPRINGBOARD HAS ACCELERATED THE GROWTH OF 930+ WOMEN-LED COMPANIES. OUR SPRINGBOARD ALUMNA COMPANIES HAVE ACHIEVED 28 IPO'S, AND HAVE BUILT OVER $61B IN VALUE.IN OUR 23 YEARS OF OPERATION, 930+ WOMEN HAVE COME THROUGH OUR FORMAL PROGRAMS, 28 HAVE IPO'S, WE HAVE 10 UNICORNS, AND SPRINGBOARD COMPANIES HAVE BUILT OVER $61B IN VALUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPRINGBOARD OFFERS ACCELERATOR PROGRAMS FOR WOMEN-LED COMPANIES BUILDING EXCITING AND INNOVATIVE SOLUTIONS IN THE AREAS OF LIFE SCIENCES, DIGITAL HEALTH, WOMEN'S HEALTH, AND RETAIL TECHNOLOGY. A FORMAL APPLICATION AND SELECTION PROCESS IS USED TO IDENTIFY A COHORT OF TOP WOMEN ENTREPRENEURS. OVER THE DURATION OF THE PROGRAMS, SPRINGBOARD PROVIDES EDUCATIONAL WORKSHOPS DESIGNED TO ACCELERATE A COMPANY'S NEXT STAGE OF GROWTH. ADDITIONALLY, OUR COHORT OF WOMEN ENTREPRENEURS ARE MATCHED WITH AN EXPERT ADVISORY TEAM THAT PROVIDES INSIGHT, CONNECTIONS AND ADVICE IN SUPPORT OF THEIR COMPANY'S GROWTH OBJECTIVES. THE PROGRAMS CULMINATE IN AN EXCITING SPRINGBOARD "DEMO DAY" WHERE OUR COHORT MEMBERS ARE SHOWCASED IN FRONT OF A LIVE AUDIENCE OF POTENTIAL INVESTORS, MARKET PARTNERS AND THOUGHT LEADERS IN THEIR RESPECTIVE INDUSTRIES.
SPRINGBOARD HOSTS NETWORKING EVENTS AND STRATEGIC ROUND TABLE DISCUSSIONS ACROSS THE COUNTRY FOR OUR POWERFUL NETWORK OF ENTREPRENEURS, ADVISORS, INVESTORS AND INDUSTRY LEADERS. ADDITIONALLY, SPRINGBOARD PRODUCES DOLPHIN TANK PITCH EVENTS TO SHOWCASE EXCITING AND INNOVATIVE NEW COMPANIES LED BY WOMEN AND PROVIDES KNOWLEDGE, FEEDBACK AND RESOURCES TO ACCELERATE THEIR GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie Buford-Young CEO | OfficerTrustee | 40 | $355,000 |
Kay Koplovitz Chairman | OfficerTrustee | 3 | $0 |
Lauren Flanagan Secretary | OfficerTrustee | 1 | $0 |
Pete Micca Director | Trustee | 1 | $0 |
Joan Fallon Director | Trustee | 1 | $0 |
Penny Zuckerwise Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jacklyn Trebilcockllc Consulting | 12/30/23 | $240,000 |
Matt Barager Accounting | 12/30/23 | $103,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $114,514 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $208,408 |
| Noncash contributions included in lines 1a–1f | $141,135 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,922 |
| Total Program Service Revenue | $847,810 |
| Investment income | $12,061 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $323,480 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,506,273 |
| 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. | $363,875 |
| Compensation of current officers, directors, key employees. | $94,863 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $590,746 |
| Pension plan accruals and contributions | $17,279 |
| Other employee benefits | $10,337 |
| Payroll taxes | $67,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $122,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $390,764 |
| Advertising and promotion | $15,287 |
| Office expenses | $83,758 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $981 |
| Travel | $56,592 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $113,475 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,850,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,126,511 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,667 |
| 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 | $18,573 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,250 |
| Total assets | $1,172,001 |
| Accounts payable and accrued expenses | $26,135 |
| Grants payable | $0 |
| Deferred revenue | $226,386 |
| 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 | $252,521 |
| Net assets without donor restrictions | $892,936 |
| Net assets with donor restrictions | $26,544 |
| 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 | $1,172,001 |