NonprofitsRegional Innovation And Startup Education Inc

Education

Regional Innovation And Startup Education Inc

MISHAWAKA, IN

Total revenue

$1.1M

Total expenses

$964K

Net assets

$369K

Grants received

$186K

5 grants

EIN

811242098

Tax year

2023

Mission

The rise program is designed to mentor and educate high school students in how to become entrepreneurs and begin their own businesses in order to stimulate the local business sector.

Programs

1 program

Startup moxie, a flagship rise program for high school students in the south bend-elkhart region, empowers students to develop entrepreneurial skills, discover personal passions, and build meaningful community connections. The year-long, dual college credit program offers students a hands-on immersive experience to develop an entrepreneurial mindset and skills to create and launch their own business startups.

Expenses: $94K

Financials

FY 2023

Revenue

Contributions & grants$738K
Program service revenue$342K
Investment income$2K
Other revenue
Total revenue$1.1M

Expenses

Grants paid$5K
Salaries & benefits$734K
Fundraising
Other expenses$224K
Total expenses$964K
Total assets$390K
Net assets$369K

People

8 listed

NameRoleCompensation

IRIS HAMMEL

EXECUTIVE DIRECTOR

Board

$170K

40 hrs/wk

EDGAR CABELLO

BOARD MEMBER

Board

2 hrs/wk

LEX DENNIS

BOARD MEMBER

Board

2 hrs/wk

MAGGIE KING

BOARD MEMBER

Board

2 hrs/wk

ISAAC TORRES

BOARD MEMBER

Board

2 hrs/wk

DAN FANGMAN

BOARD MEMBER

Board

2 hrs/wk

CHARLES LOESER

SECRETARY

Board

2 hrs/wk

LAWRENCE GARATONI

PRESIDENT

Board

2 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$100K
To support general operations
2024
$51K
For the Startup Moxie Program
2022
$15K
HIGH SCHOOL ENTREPRENEUR EDUCATION SUPPORT GRANT
2022
$5K
For the Startup Moxie Program
2021
$15K
HIGH SCHOOL ENTREPRENEUR EDUCATION SUPPORT GRANT
2020

Funded by

$186K from 3 funders · 5 grants · 2020–2024

Judd Leighton Foundation Inc

$100K · 1 grant · 2024

Elkhart Chamber Foundation

$56K · 2 grants · 2021–2022

Michiana Partnership Inc

$30K · 2 grants · 2020–2022

Details

EIN811242098
NTEE codeB30
Subsection03
Ruling date2017-05
Formed2015
Employees19
Volunteers6
REGIONAL INNOVATION AND STARTUP EDUCATION INC — Mission, Financials & Grants Received | Grantivo