Springboard 2000 Enterprises Inc
- Assets
- $1.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 18
- Location
- Mclean, VA
- Founding
- 03/2001
- Data as of
- 12/2021
- 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 12/2021, Springboard 2000 Enterprises Inc employed 18 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 12/2021, Springboard 2000 Enterprises Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 12.1% 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
SPRINGBOARD ENTERPRISES IS THE PREMIER PLATFORM WHERE ENTREPRENEURS, INVESTORS, AND INDUSTRY EXPERTS MEET TO BUILD GREAT WOMEN-LED BUSINESSES. SPRINGBOARD SOURCES, COACHES, SHOWCASES WOMEN LEADING HIGH GROWTH COMPANIES SEEKING EQUITY CAPITAL FOR PRODUCT DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCELERATOR PROGRAM - THE ORGANIZATION HOLDS ACCELERATORS FOR WOMEN-LED COMPANIES SEEKING INSTITUTIONAL INVESTMENTS AND INVOLVE HUNDREDS OF INNOVATORS, INVESTORS, INFLUENCERS AND INDUSTRY EXPERTS. CURRENT ACCELERATOR PROGRAMS HELD BY THE ORGANIZATION INCLUDE, HEALTH INNOVATION HUB, TECH INNOVATION HUB, SPRINGBOARD AUSTRALIA AND NEW YORK FASHION TECH LAB.
COMMUNITY PROGRAM - THE ORGANIZATION HOLDS COMMUNITY PROGRAMS TO HELP PROVIDE KNOWLEDGE, FEEDBACK AND STRATEGY TO BUSINESSES IN THE COMMUNITY. CURRENT COMMUNITY PROGRAMS INCLUDE, DOLPHIN TANK SESSIONS, CORPORATE AND COMMUNITY INNOVATION SESSIONS, WOMEN TRANSFORMING INDUSTRIES INITIATIVE, AND VARIOUS OUTREACH AND EDUCATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie Buford-Young CEO | OfficerTrustee | 40 | $300,000 |
Kay Koplovitz Chairman | OfficerTrustee | 3 | $0 |
Lauren Flanagan Secretary | OfficerTrustee | 1 | $0 |
Leigh Morgan Director | Trustee | 1 | $0 |
Debra Walton Director | Trustee | 1 | $0 |
Rakia Reynolds Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jacklyn Trebilcockllc Consulting | 12/30/21 | $240,000 |
Matt Barager Accounting | 12/30/21 | $103,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $138,617 |
| All other contributions, gifts, grants, and similar amounts not included above | $944,468 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,083,085 |
| Total Program Service Revenue | $999,515 |
| Investment income | $129 |
| 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 | $2,082,729 |
| 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. | $300,000 |
| Compensation of current officers, directors, key employees. | $57,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $718,674 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,513 |
| Payroll taxes | $86,732 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $117,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $565,460 |
| Advertising and promotion | $22,073 |
| Office expenses | $92,321 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $854 |
| Travel | $2,918 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,551 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,997,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,381,628 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,825 |
| 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 | $22,577 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,407,030 |
| Accounts payable and accrued expenses | $5,656 |
| Grants payable | $0 |
| Deferred revenue | $280,300 |
| 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 | $285,956 |
| Net assets without donor restrictions | $1,098,045 |
| Net assets with donor restrictions | $23,029 |
| 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 | $1,407,030 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Springboard 2000 Enterprises Inc has recieved totaling $95,250.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: COMMUNITY DEVELOPMENT | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $20,250 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Occupational Therapy Association Inc North Bethesda, MD | $36,395,415 | $20,998,534 |
West Virginia Association Of Rehabilitation Facilities Inc Charleston, WV | $5,842,851 | $18,678,940 |
American Staffing Association Alexandria, VA | $16,340,817 | $11,976,262 |
The Corps Network Washington, DC | $4,228,132 | $9,184,608 |
Springboard 2000 Enterprises Inc Mclean, VA | $1,407,030 | $2,082,729 |
Ase Education Foundation Leesburg, VA | $2,866,454 | $1,820,182 |
Employee Assistance Professionals Association Inc Arlington, VA | $935,810 | $1,325,108 |
Women Business Collaborative Washington, DC | $1,109,643 | $1,583,362 |
Association Of Womens Business Centers Washington, DC | $509,580 | $1,225,444 |
Employee Activity Association Inc McLEAN, VA | $591,204 | $1,047,342 |
Mechanical Industry Promotion Fund Of Kentucky Louisville, KY | $863,956 | $542,987 |
Global Feed Lca Institue Arlington, VA | $115,405 | $200,003 |