Fishers Entrepreneurship Center Inc is located in Fishers, IN. The organization was established in 2014. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Fishers Entrepreneurship Center Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fishers Entrepreneurship Center 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, Fishers Entrepreneurship Center Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. 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 HIGH-IMPACT ENTREPRENEURS WITH A COLLABORATIVE CO-WORKING SPACE THEY CAN USE TO CREATE THE NEXT GENERATION OF BUSINESS SUCCESSESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE A CO-WORKING SPACE FOR ENTREPRENEURS WORKING ON STARTUP, HIGH-GROWTH AND HIGH-POTENTIAL ENTERPRISES.
PROMOTE A CO-WORKING SPACE FOR ENTREPRENEURS WORKING ON STARTUP, HIGH-GROWTH AND HIGH-POTENTIAL ENTERPRISES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dan Canan President | Officer | $0 | |
Joseph G Eaton Vice Preside | Officer | $0 | |
John Weingardt Treasury/sec | Officer | $0 | |
Pete Peterson Board Member | Officer | $0 | |
Scott Fadness Board Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $100,980 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $100,980 |
Total Program Service Revenue | $1,098,496 |
Investment income | $0 |
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 | $1,199,476 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $679,612 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $57,217 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,659 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $422,859 |
Advertising and promotion | $44 |
Office expenses | $7,631 |
Information technology | $7,466 |
Royalties | $0 |
Occupancy | $77,005 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $9,060 |
Conferences, conventions, and meetings | $100 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $47,835 |
Insurance | $25,358 |
All other expenses | $0 |
Total functional expenses | $1,340,550 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $287,101 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $142,122 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,330 |
Prepaid expenses and deferred charges | $3,448 |
Net Land, buildings, and equipment | $335,925 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $6,392 |
Other assets | $0 |
Total assets | $776,318 |
Accounts payable and accrued expenses | $43,594 |
Grants payable | $0 |
Deferred revenue | $36,000 |
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 | $27,631 |
Total liabilities | $107,225 |
Net assets without donor restrictions | $669,093 |
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 | $776,318 |
Over the last fiscal year, we have identified 2 grants that Fishers Entrepreneurship Center Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Dorsey Foundation Inc Indianapolis, IN PURPOSE: GENERAL | $10,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: 5G AND IOT DEVELOPMENT - COMMUNITY AND ENTREPRENEURSHIP | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Milwaukee Electrical Industry Vacation - Holiday Plan Wauwatosa, WI | $15,465,835 | $13,612,321 |
Community Ventures Corporation Inc Lexington, KY | $84,057,573 | $14,249,179 |
Seton Property Corporation Of North Alabama St Louis, MO | $50,940,533 | $5,932,254 |
Horizon House Inc Indianapolis, IN | $11,235,353 | $7,114,001 |
St Marys Building Corporation St Louis, MO | $40,020,947 | $3,125,452 |
Delaware Advancement Corporation Muncie, IN | $19,134,942 | $3,911,691 |
Providence Building Corporation Inc St Louis, MO | $6,600,443 | $3,711,993 |
Austin Peoples Action Center Chicago, IL | $1,169,247 | $2,618,671 |
Choose Chicago Foundation Chicago, IL | $859,781 | $2,550,000 |
Delta Institute Chicago, IL | $8,129,187 | $1,847,841 |
Lafayette-West Lafayette Development Corporation Lafayette, IN | $8,692,255 | $2,407,037 |
Experimental Station Chicago, IL | $1,624,397 | $2,920,468 |