Rebel Ventures
- Assets
- $81.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 19
- Location
- Philadelphia, PA
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 81-1962970
Organization Overview
Rebel Ventures is located in Philadelphia, PA. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Rebel Ventures employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rebel Ventures 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, Rebel Ventures generated $74.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $163.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL ENTERPRISE ENGAGING YOUTH IN LEADERSHIP AND ENTRPRENEURSHIP THAT DEVELOPS AND DISTRIBUTE PRODUCTS DIRECTLY WITH AND FOR KIDS IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3
REBEL VENTURES ENGAGED 17 LOW-INCOME HIGH SCHOOL STUDENTS IN MEANINGFUL ENTREPRENEURSHIP EDUCATION IN 2021. THESE STUDENTS LEARNED ENTREPRENEURSHIP BY BEING ENTREPRENEURS IN A HYBRID SPACE. THEY PARTICIPATED IN NUMEROUS ACTIVITIES INCLUDING LEARNING TO COLLABORATE VIRTUALLY, DEVELOPING NEW WAYS TO CONTINUE FOOD DEVELOPMENT, PLANNING AND LEADING VIRTUAL BUSINESS MEETINGS AND WORKSHOPS.
THE REBEL VENTURES HIGH SCHOOL CREW CONDUCTED RIGOROUS HEALTHY FOOD RESEARCH AND DEVELOPMENT BY CREATING AND PILOTING OUR REBEL MARKET PROJECT WHILE CONTINUING OUR DISTRIBUTION OF REBEL CRUMBLES TO KIDS AS PART OF SCHOOL BREAKFAST.
REBEL VENTURES INITIATED YOUTH-POWERED, HEALTH-PROMOTING MEDIA PROJECTS. HEALTHY DELICIOUSNESS AT HOME AND REBEL CHEFS LIVE ARE VIDEO ACTIVITIES THAT ENGAGE HIGH SCHOOL YOUTH IN TEACHING THEIR PEERS ABOUT HOW TO CREATE HEALTHY RECIPES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Blassingame Executive Director | 40 | $56,958 | |
Daniel Merin Board Chair | 5 | $0 | |
Dimitri Pappas Board Treasurer | 2 | $0 | |
Leland Mcgee Board Member | 1 | $0 | |
Charles Reyes Through June 2023 Board Member | 1 | $0 | |
Tim Scott Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,614 |
| Total Program Service Revenue | $41,139 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,753 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $107,984 |
| Professional fees and other payments to independent contractors | $6,768 |
| Occupancy, rent, utilities, and maintenance | $14,049 |
| Printing, publications, postage, and shipping | $574 |
| Other expenses | $34,230 |
| Total expenses | $163,605 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,628 |
| Other assets | $0 |
| Total assets | $81,443 |
| Total liabilities | $8,365 |
| Net assets or fund balances | $73,078 |