The Nasdaq Entrepreneurial Center Inc
- Assets
- $6.2m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 12
- Location
- San Francisco, CA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 47-1253460
Organization Overview
The Nasdaq Entrepreneurial Center Inc is located in San Francisco, CA. The organization was established in 2014. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Nasdaq Entrepreneurial Center Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nasdaq Entrepreneurial 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, Nasdaq Entrepreneurial Center Inc generated $6.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DELIVER WORLD-CLASS RESOURCES AND MENTORING TO ENABLE EVERY ENTREPRENEUR ACROSS THE GLOBE TO REALIZE THEIR MAXIMUM POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
51,646 ENTREPRENEURS FROM 120 COUNTRIES BENEFITTED-53% ARE MINORITY ENTREPRENEURS-51% FEMALE ENTREPRENEURS SERVED6500+ HOURS OF EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicola Corzine Executive Director | Officer | 40 | $357,386 |
Celena Aponte Vice President Of Strategy | 40 | $274,172 | |
Jeff Thomas Chairman | OfficerTrustee | 2 | $0 |
Melissa Rick Secretary | Officer | 2 | $0 |
Melissa Honeywell Treasurer | Officer | 2 | $0 |
Jillian Manus Member | 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 | $6,110,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,110,700 |
| Total Program Service Revenue | $3,127 |
| 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 | $6,113,827 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $570,794 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $129,413 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $388,885 |
| Compensation of current officers, directors, key employees. | $83,446 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $798,487 |
| Pension plan accruals and contributions | $39,216 |
| Other employee benefits | $69,126 |
| Payroll taxes | $74,199 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,022 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $145,239 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,105,356 |
| Travel | $21,525 |
| 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 | $429,764 |
| Insurance | $41,742 |
| All other expenses | $0 |
| Total functional expenses | $4,164,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,127,013 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,487,923 |
| Accounts receivable, net | $8,215 |
| 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 | $2,389 |
| Net Land, buildings, and equipment | $1,575,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,201,342 |
| Accounts payable and accrued expenses | $677,876 |
| 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 | $585,572 |
| Total liabilities | $1,263,448 |
| Net assets without donor restrictions | $1,437,894 |
| Net assets with donor restrictions | $3,500,000 |
| 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 | $6,201,342 |
Grants Awarded
Over the last fiscal year, The Nasdaq Entrepreneurial Center Inc has awarded $533,257 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PENN STATE UNIVERSITY PURPOSE: GENERAL SUPPORT | $196,333 |
Seattle, WA PURPOSE: GENERAL SUPPORT | $149,572 |
Garden City, ID PURPOSE: GENERAL SUPPORT | $67,502 |
San Mateo, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Walnut, CA PURPOSE: GENERAL SUPPORT | $42,550 |
San Francisco, CA PURPOSE: GENERAL SUPPORT | $27,300 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Nasdaq Entrepreneurial Center Inc has recieved totaling $751.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $700 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uss Midway Museum San Diego, CA | $89,557,357 | $9,957,373 |
Lucas Museum Of Narrative Art Los Angeles, CA | $1,047,180,873 | $200,315,657 |
Musical Instrument Museum Phoenix, AZ | $166,967,307 | $47,583,205 |
Operation Underground Railroad Inc Anaheim, CA | $68,076,312 | $47,549,013 |
Discovery Science Center Of Orange County Santa Ana, CA | $60,809,996 | $26,194,294 |
Grammy Museum Foundation Inc Los Angeles, CA | $19,726,049 | $9,757,476 |
Japanese American National Museum Los Angeles, CA | $64,155,556 | $8,326,332 |
Mingei International Inc San Diego, CA | $66,923,986 | $7,226,145 |
Heard Museum Phoenix, AZ | $36,442,009 | $14,120,125 |
Turtle Bay Exploration Park Redding, CA | $48,250,618 | $8,223,185 |
Palm Springs Art Museum Palm Springs, CA | $40,212,131 | $11,070,079 |
Safari Game Search Foundation Winston, OR | $11,893,690 | $8,001,628 |