Freedom In Me Business Showers
- Assets
- $24.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- Data as of
- 12/2023
- EIN
- 86-2951094
Organization Overview
Freedom In Me Business Showers is located in Charlotte, NC. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom In ME Business Showers 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, Freedom In ME Business Showers generated $148.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $202.9k 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 Program Activity:
Part 3
ADULT BUSINESS SHOWERSTHE BUSINESS SHOWER IS A TWO-DAY ANNUAL CELEBRATION AND BROAD NETWORKING EVENT. THE EVENT IS THE CULMINATION OF SUCCESSFUL COMPLETION OF 16 WEEKS OF HIGH-IMPACT, VIRTUAL BUSINESS TRAINING. 80 (+) FINALISTS COMPETE FOR 12 RESOURCE AWARDS. A BUSINESS PLAN AND PITCH PRESENTATION OF THE BUSINESS IDEA IS REQUIRED TO QUALIFY FOR A BUSINESS SHOWER. FINALISTS ARE SCORED AND THE TOP 12 ARE SELECTED AS HONOREES. HONOREES ARE GIFTED WITH INDUSTRY-SPECIFIC GIFTS, MONETARY INCENTIVES IF AVAILABLE, MARKETING SERVICES, ENTITY APPLICATION FILING FEES AND MORE. THOSE WHO DONT RECEIVE A BUSINESS SHOWER, STILL END WITH A BUSINESS PLAN. YOUTH BUSINESS SHOWERSWE SUPPORT YOUTH IN GRADES 8TH-12TH WHO HAVE A PASSION AND DESIRE FOR ENTREPRENEURSHIP. THIS PROGRAM IS RUN CONCURRENTLY WITH OUR ADULT BUSINESS SHOWERS. ALTHOUGH THE CURRICULUM IS TAILORED TO THE ACADEMIC AND DEVELOPMENTAL NEEDS OF YOUTH, THE RIGOR OF THE PROGRAM CONTENT PROVIDES A COMPREHENSIVE PROGRAM TO ADEQUATELY PREPARE YOUTH FOR A REALISTIC PICTURE OF WHAT IT MEANS TO RUN THEIR OWN BUSINESSES. YOUTH PARTICIPANTS, LIKE THE ADULTS, RECEIVE A FULL 12 WEEKS OF HIGH IMPACT TRAINING GEARED TOWARDS ASSISTING THEM WITH WRITING A BUSINESS PLAN AND PREPARING THEM TO PITCH THEIR BUSINESS IDEAS WITH CONFIDENCE. MOREOVER, YOUTH ENTREPRENEURS RECEIVE FOLLOW-UP TRAINING TO ENGAGE THEM IN THE IMPLEMENTATION OF THEIR BUSINESS PLANS.THE ANNUAL TRAILBLAZER AWARD OF SERVICETHE ANNUAL TRAILBLAZER AWARD OF SERVICE IS PROVIDED FOR A DEDICATED SENIOR WITHIN OUR COMMUNITY WHO HAS SHOWN A SUSTAINED COMMITMENT TO SUPPORTING THE BUSINESS COMMUNITY THROUGH THEIR SUPPORT OR DIRECT ENTREPRENEURIAL EFFORTS. HONOREES MUST RESIDE IN MECKLENBURG COUNTY. BUSINESS SHOWERS HONORS TRAILBLAZERS EACH YEAR DURING THE ANNUAL BUSINESS SHOWERS AND NETWORKING EVENT. HERO SERVICE AWARD THE ANNUAL HERO SERVICE AWARD RECOGNIZES MEMBERS OF OUR SERVICE COMMUNITY WHO HAVE SHOWN A DEDICATION TO SERVING AND PROTECTING AT AN EXEMPLARY LEVEL IN OUR COMMUNITY. OUR UNIFORMED HONOREE IS SOMEONE VESTED IN THE COMMUNITY AS, NOT ONLY A VALUED HERO, BUT A SMALL BUSINESS OWNER, AS WELL. DO YOU KNOW SOMEONE? ACTIVE MILITARY, VETERANS, FIREFIGHTERS OR LAW ENFORCEMENT WHO SAVE LIVES AND HAVE A VESTED INTEREST IN SMALL BUSINESS ARE ELIGIBLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Teichmer Board Member | 5 | $0 | |
Glenda Teichmer Board Member | 25 | $0 | |
Rodney Jackson Board Member | 5 | $0 | |
Sadie Singleton Board Member | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,505 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,039 |
| Total Revenue | $148,544 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,960 |
| Professional fees and other payments to independent contractors | $34,597 |
| Occupancy, rent, utilities, and maintenance | $1,705 |
| Printing, publications, postage, and shipping | $2,182 |
| Other expenses | $89,426 |
| Total expenses | $202,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,452 |
| Other assets | $0 |
| Total assets | $24,564 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,564 |