Cause IQ organization profile

Network for Teaching Entrepreneurship (NFTE)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

NFTE is a small business bureau based in New York, NY that was founded in 1986. As of 2017 they had $18 million in revenue and $18 million in assets.

The Network for Teaching Entrepreneurship, also referred to as NFTE, is an international non-profit organization dedicated to providing entrepreneurship education programs to young people from low-income communities.

EIN:
13-3408731
City:
State:
Metro:
Website:
Phone:
(212) 232-3333
Facebook:
Twitter:
Founded:
1986
Type:
501(c)(3)
NTEE:
Revenue:
$18,774,187
Assets:
$18,032,076
Employees:
104
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at NFTE

Network for Teaching Entrepreneurship ("NFTE") SERVED APPROXIMATELY 35,000 MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS IN MORE THAN 1,000 SCHOOLS IN UNDER-RESOURCED COMMUNITIES ACROSS THE U.S. DURING THE 2016-2017 SCHOOL YEAR. NFTE SERVED AN ADDITIONAL 40,0000 STUDENTS OUTSIDE THE U.S. BY LEVERAGING PARTNERSHIPS WITH OTHER EDUCATIONAL/YOUTH DEVELOPMENT ORGANIZATIONS TO OFFER PROGRAMS IN MEXICO, GERMANY, BELGIUM, ISRAEL, INDIA, CHINA, IRELAND, AND SINGAPORE. OVERALL, NFTE WAS ACTIVE ACROSS 19 DIFFERENT GEOGRAPHIC REGIONS/METRO AREAS IN 9 COUNTRIES. STUDENTS IN NFTE PROGRAMS LEARN HOW TO DEVELOP A BUSINESS PLAN AND HOW TO MARKET THEIR BUSINESS CONCEPT. MANY STUDENTS THEN GO ON TO COMPETE IN REGIONAL AND NATIONAL BUSINESS PLAN COMPETITIONS. MORE THAN 14,000 NFTE STUDENTS FROM OVER 200 U.S. SCHOOLS PARTICIPATED IN NFTES NATIONAL YOUTH ENTREPRENEURSHIP CHALLENGE EVENTS DURING THE 2016-2017 SCHOOL YEAR, COMPETING FOR A TOTAL OF $160,000 IN PRIZES AWARDED SPECIFICALLY TO INVEST IN THEIR BUSINESS OR FURTHER EDUCATION. NFTE DESIGNS, DEVELOPS AND ...

Form 990s for NFTE

Fiscal year endingDate received by IRSFormPDF link
2018-06Dec 13, 2019990View PDF
2017-06May 14, 2018990View PDF
2016-06Sep 1, 2017990View PDF
2015-06Apr 27, 2016990View PDF
2014-06Jun 4, 2015990View PDF
...and three more Form 990 PDFs

Financials for NFTE

Field2017
Total grants, contributions, etc.$17,735,481
Program services$808,958
Investment income and dividends$11,617
Tax-exempt bond proceeds$0
Royalty revenue$103,502
Net rental income$0
Net gain from sale of non-inventory assets$-832
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$90,261
Miscellaneous revenues$25,200
Total revenues$18,774,187

Vendors for NFTE

VendorServicesAmount paidDate
Microsoft ServicesSoftware2019-09-16
██████████CRM software2019-09-16
████████ ███████Marketing software2019-09-11
█████████Content management system software2019-09-11
███ ███ ███Tax accounting; Audit and Tax; Audit accounting$116,0002018-05-04
██ ████████ ████████ ███Showcase Event$117,0092017-06-01
█████ ██████████Branding Website Dev$116,2502017-06-01
████ ██████████ ████████Recruiting$137,8402017-06-01
...and five more vendors

Personnel at NFTE

NameTitleCompensationMost recent data
Jim JohnstonInterim Chief Executive Officer / Senior Vice President , Operations and Engagement-Sept. 14, 2019
Shawn AlsoPresident and Chief Executive Officer-June 12, 2019
████ ██████Founder and Chief Executive Officer$0Sept. 14, 2019
██████ ██████Vice President, Finance and Information$155,850Jan. 15, 2019
██████ ███████Vice President , Finance-Sept. 14, 2019
███ █████ ███████Senior Vice President , Marketing and Development$189,000Aug. 25, 2017
███ ██████Senior Vice President, Strategy and External Relations$208,855Jan. 15, 2019
███████ ██████Senior Director , Talent and Administration / Vice President , Talent and Administration / Vice President , Talent and Information-Sept. 14, 2019
████ █████Vice President , Development / Vice President , Corporate and Foundation Relations-Sept. 14, 2019
███ ████████Vice President , Engagement and Implementation / Vice President , Business Development-Sept. 14, 2019
...and 46 more key personnel

Peer small business development organizations

 NameTypeRevenueLocation
1Media Development Investment Fund (MDIF)501(c)(3)$7.1 millionNew York, NY
2B Lab Company501(c)(3)$13 millionBerwyn, PA
3Gsma Mobile for Development Foundation501(c)(3)$20 millionAtlanta, GA
4Small Enterprise Assistance Funds (SEAF)501(c)(3)$12 millionWashington, DC
5Aileron501(c)(3)$8.0 millionTipp City, OH
6Operation Hope501(c)(3)$15 millionAtlanta, GA
7South Carolina Manufacturing Extension Partnership501(c)(3)$8.0 millionGreenville, SC
8Magnet / Manufacturing Advocacy & Growth Network Inc501(c)(3)$9.0 millionCleveland, OH
9Innovation Works (IW)501(c)(3)$17 millionPittsburgh, PA
10Oregon Manufacturing Extension Partnership (OMEP)501(c)(3)$5.1 millionPortland, OR
11JumpStart501(c)(3)$22 millionCleveland, OH
12International Executive Service Corps (IESC)501(c)(3)$19 millionWashington, DC
13NYC Leadership Academy (NYCLA)501(c)(3)$7.9 millionLong Island City, NY
14New York City Charter School Center501(c)(3)$5.8 millionNew York, NY
15The Future Project501(c)(3)$13 millionNew York, NY
16Transcend501(c)(3)$9.5 millionHastingsonhudson, NY
17New Leaders501(c)(3)$25 millionNew York, NY
18University of Virginia Licensing and Ventures Group501(c)(3)$8.2 millionCharlottesville, VA
19Blue Engine501(c)(3)$5.5 millionNew York, NY
20Junior Achievement of South Florida501(c)(3)$8.8 millionCoconut Creek, FL
21Times Square District Management Association501(c)(3)$20 millionNew York, NY
22The Conference Board501(c)(3)$67 millionNew York, NY
23Race Forward (RF)501(c)(3)$15 millionNew York, NY
24Hebrew Public501(c)(3)$7.7 millionNew York, NY
25Venture For America501(c)(3)$6.9 millionNew York, NY