Public Charity

INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC

INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC is a Public Charity headquartered in NEWARK, NJ. Financial data from the 2024 filing: $3.5M revenue, $3.6M expenses, $3.1M total assets. 10 publicly reported grants to this organization, totaling roughly $569K, appear in IRS filings.

EIN: 043660900 NEWARK, NJ Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$3.5M
Total Expenses$3.6M
Total Assets$3.1M
Grant Records10
Funding Total$569K
Filing Years2019–2024

Mission

THE NBSP;INSTITUTE NBSP;FOR NBSP;ENTREPRENEURIAL NBSP;LEADERSHIP NBSP;(IFEL) NBSP;FOUNDED NBSP;IN NBSP;2002 NBSP;IS NBSP;AN NBSP;INDEPENDENT NBSP;501(C)(3) NBSP;NONPROFIT NBSP;ORGANIZATION NBSP;THAT NBSP;SEEKS NBSP;TO NBSP;FOSTER NBSP;A NBSP;MORE NBSP;INCLUSIVE NBSP;ENTREPRENEURIAL NBSP;ECOSYSTEM NBSP;OUR NBSP;MISSION NBSP;IS NBSP;TO NBSP;ERADICATE NBSP;THE NBSP;SYSTEMIC NBSP;BARRIERS NBSP;THAT NBSP;PREVENT NBSP;PEOPLE NBSP;FROM NBSP;HISTORICALLY NBSP;EXCLUDED NBSP;POPULATIONS NBSP;FROM NBSP;ACCESSING NBSP;THE NBSP;KNOWLEDGE NBSP;NETWORKS NBSP;AND NBSP;CAPITAL NBSP;REQUIRED NBSP;FOR NBSP;ENTREPRENEURIAL NBSP;SUCCESS NBSP;AND NBSP;WEALTH NBSP;CREATION NBSP;IFEL NBSP;WORKS NBSP;WITH NBSP;CORPORATE NBSP;INSTITUTIONAL NBSP;HIGHER NBSP;EDUCATION NBSP;AND NBSP;COMMUNITY NBSP;PARTNERS NBSP;TO NBSP;DEVELOP NBSP;AND NBSP;IMPLEMENT NBSP;INNOVATIVE NBSP;INCLUSIVE NBSP;HIGH-TOUCH NBSP;PROGRAMMING NBSP;THAT NBSP;PROMOTES NBSP;INCLUSION NBSP;WITHIN NBSP;THE NBSP;ENTREPRENEURIAL NBSP;ECOSYSTEM NBSP;L

Where $100 goes at Institute for Entrepreneurial Leadership Inc

How Institute for Entrepreneurial Leadership Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$70 Programs the work itself
$21 Management running the organization
$9 Fundraising raising the next dollar

Inside the $70 for programs

$25
Relationship capital connections
36% of program spending
$25
Community small business capacity-building
36% of program spending
$20
Investor inclusion
28% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHAIR Gina Nisbeth
VICE PRESIDENT OF MARKETING Jeremee Johnson
CHIEF EXECUTIVE OFFICER Jill Johnson
TREASURER Pasquale Nocito
PRESIDENT, CAPITAL ACCESS Stephanie Fowler
BOARD MEMBER Stephen White

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$364,217 8 grants
Economic Development
$30,000 1 grant
Unspecified
$175,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.5M $3.6M $3.1M
2023 $3.5M $2.9M $5.0M
2022 $2.4M $1.8M $3.2M
2020 $775K $278K $680K
2019 $232K $174K $101K

Between 2019 and 2024, reported annual revenue grew from $232K to $3.5M (+1388%), with total assets most recently reported at $3.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC

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