NonprofitsNovella Center For Entrepreneurship By Conscious Venture Lab Inc

Community Improvement & Capacity Building

Novella Center For Entrepreneurship By Conscious Venture Lab Inc

BALTIMORE, MD

Total revenue

$301K

Total expenses

$354K

Net assets

$111K

Grants received

$60K

2 grants

EIN

834583974

Tax year

2024

Mission

The organization is formed and operated for the purpose of administering training programs that expose early-state founders, ceos and other executives to the tenets of stakeholder theory and conscious capitalism, and to the idea of using entrepreneurs as a tool for economic inclusion, growth, and wealth creations.

Programs

3 programs

Cvl cohort baltimore 12: cohort 12 launched in september 2024 with 11 companies (5 women founders; 9 minority founders; 3 baltimore companies; 6 maryland companies). Purpose of the program is to create partnerships and programming to train entrepreneurs how to build companies that matter by exposing them to the tenets of stakeholder theory and conscious capitalism and show them how managing a business for all of its stakeholders creates both societal and financial value.

Expenses: $44K

Cvl cohort 10: purpose of the program is to create partnerships and programming to train entrepreneurs how to build companies that matter by exposing them to the tenets of stakeholder theory and conscious capitalism and show them how managing a business for all of its stakeholders creates both societal and financial value.

Expenses: $8K

The organization is formed and operated for the purpose of administering training programs that expose early-state founders, ceos and other executives to the tenets of stakeholder theory and conscious capitalism, and to the idea of using entrepreneurs as a tool for economic inclusion, growth, and wealth creations.

Financials

FY 2024

Revenue

Contributions & grants$201K
Program service revenue$100K
Investment income
Other revenue
Total revenue$301K

Expenses

Grants paid
Salaries & benefits
Fundraising$21K
Other expenses$354K
Total expenses$354K
Total assets$111K
Net assets$111K

People

4 listed

NameRoleCompensation

JEFFREY CHERRY

PRESIDENT

Board

JULIE LENZER

DIRECTOR

Board

L CONTENT MCLAUGHLIN

VP AND SECRE

Board

JOSEPH VALIS

TREASURER

Board

Independent contractors

CONSCIOUS VENTURE PARTNERS LLC

CONSULTING

$156K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$50K
Thriving Schools
2023
$10K
PUBLIC, SOCIETAL BENEFIT
2022

Funded by

$60K from 2 funders · 2 grants · 2022–2023

National Philanthropic Trust

$10K · 1 grant · 2022

Details

EIN834583974
NTEE codeS20
Subsection03
Ruling date2022-06
Formed2019
Employees0
NOVELLA CENTER FOR ENTREPRENEURSHIP BY CONSCIOUS VENTURE LAB INC — Mission, Financials & Grants Received | Grantivo