Nonprofit · EIN 04-3660900
INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC
Tax-exempt · NEWARK, NJ 07102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,456,118 | $3,557,600 | -$101,482 | $3,071,050 | $1,024,363 | $2,046,687 |
| December 31, 2023 | 990 | $3,502,198 | $2,937,065 | $565,133 | $4,961,358 | $2,813,189 | $2,148,169 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,209,482
- Program service revenue
- $246,636
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $579,415
- Salaries, compensation and benefits (total)
- $1,896,617
- Professional fundraising fees
- $0
- Legal fees
- $64,361
- Accounting fees
- $41,965
- Occupancy
- $61,897
- Travel
- $266,030
- Program services (functional)
- $2,191,482
- Management and general (functional)
- $914,303
- Fundraising (functional)
- $451,815
Balance sheet and other
- Total assets, start of year
- $4,961,358
- Total assets, end of year
- $3,071,050
- Total liabilities, end of year
- $1,024,363
- Net assets, end of year
- $2,046,687
- Land, buildings and equipment
- $14,171
- Net assets without donor restrictions
- $1,252,707
- Net assets with donor restrictions
- $793,980
- Gross receipts
- $3,456,118
- Employees
- 19
- Year formed
- 2002
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE FOWLER | PRESIDENT, CAPITAL ACCESS Highest-paid employee | 40 | $236,325 |
| JILL JOHNSON | CHIEF EXECUTIVE OFFICER Officer, Highest-paid employee | 40 | $230,769 |
| JEREMEE JOHNSON | VICE PRESIDENT OF MARKETING Highest-paid employee | 40 | $112,320 |
| PASQUALE NOCITO | TREASURER Trustee or director, Officer | 1 | $0 |
| STEPHEN WHITE | BOARD MEMBER Trustee or director | 1 | $0 |
| ZOE BOGAN | DIRECTOR Trustee or director | 1 | $0 |
| TOM REYNOLDS | DIRECTOR Trustee or director | 1 | $0 |
| GINA NISBETH | CHAIR Trustee or director, Officer | 1 | $0 |
| VIVEK MAGO | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JILL JOHNSON | CHIEF EXECUTIVE OFFICER Officer, Key employee, Highest-paid employee | 40 | $312,500 |
| JEREMEE JOHNSON | VICE PRESIDENT OF MARKETING TECHN Key employee | 40 | $131,719 |
| LARRY BAILIN | CHAIRMAN Trustee or director | 1 | $0 |
| PASQUALE NOCITO | TREASURER Trustee or director | 1 | $0 |
| STEPHEN WHITE | BOARD MEMBER Trustee or director | 1 | $0 |
| ZOE BOGAN | DIRECTOR Trustee or director | 1 | $0 |
| TOM REYNOLDS | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 550 BROAD ST STE 702, NEWARK, NJ 07102-4539
- In care of
- % JILL L JOHNSON
- Principal officer (990 for 2024)
- JILL L JOHNSON, 702 550 BROAD STREET, NEWARK, NJ 07102
- Signed the 990
- JILL L JOHNSON, CEO
- Phone
- (973) 353-0611
- Website
- www.weareifel.org
- Return prepared by
- COOMBS CPA PC
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
Program accomplishments
- RELATIONSHIP CAPITAL CONNECTIONS - ACCESS AND OPPORTUNITY ARE DIRECTLY CORRELATED TO THE STRENGTH OF RELATIONSHIP CONNECTIVITY. OUR WORK THROUGH CONSCIOUS COLLISIONS PROGRAMS FACILITATES RELATIONSHIPS BETWEEN PEOPLE WHOSE PATHS WOULD NOT HAVE OTHERWISE CROSSED. OUR SMALL BUSINESSES NEED US PROGRAMMING CREATES CONNECTIVITY BETWEEN BUSINESS PROFESSIONALS AND UNDER-RESOURCED SMALL BUSINESS OWNERS THROUGH SKILLS-BASED VOLUNTEERISM. THE OBJECTIVE OF THE PROGRAM FOCUS AREA IS TO CREATE MORE RELATIONSHIP CONNECTIONS THAT BUILD BRIDGES AND BREAK DOWN BARRIERS. LEARN MORE AT CREATINGCONSCIOUSCOLLISIONS.ORG AND SMALLBUSINESSESNEEDUS.ORGExpenses $785,075 · grants $1,720,151
- COMMUNITY SMALL BUSINESS CAPACITY-BUILDING - WHILE MANY BUSINESS OWNERS ARE GREAT AT PRODUCING A PRODUCT OR DELIVERING A SERVICE BASED ON THEIR PERSONAL EXPERTISE THEY ARE NOT ALWAYS GREAT AT THE BUSINESS OF RUNNING A BUSINESS. THROUGH OUR SUCCESS CIRCLES MODEL WE HELP BUSINESS OWNERS BUILD A FIRM FOUNDATION FROM WHICH TO GROW. LEARN MORE AT WEAREIFEL.ORG/FOR-ENTREPRENEURS.ORGExpenses $784,877 · grants $153,000
- INVESTOR INCLUSION - INCREASING DIVERSITY IN THE INVESTOR COMMUNITY WILL LEAD TO GREATER ACCESS TO CAPITAL FOR MORE PEOPLE. WE OFFER PROGRAMMING DESIGNED TO INCREASE AWARENESS ABOUT ANGEL INVESTING AS AN ASSET CLASS AND TRAINING TO HELP PEOPLE START THEIR ANGEL INVESTOR JOURNEY. LEARN MORE AT MAKINGBLACKANGELS.ORG AND PIPELINEANGELS.ORGExpenses $621,530 · grants $926,867 · revenue $168,039
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3660900
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $3,071,050
- Income (IRS master file)
- $3,456,118
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,456,118 | $3,557,600 | $3,071,050 | XML |
| 990 | December 2023 | $3,502,198 | $2,937,065 | $4,961,358 | XML |
| 990 | December 2022 | $2,362,721 | $1,805,215 | $3,193,132 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3660900).
Questions about INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC
- What is the EIN of INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC?
- The employer identification number (EIN) of INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC is 04-3660900.
- Is INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC?
- The 990 for the year ended December 31, 2024 names JILL L JOHNSON.
- Who are the officers and directors of INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $236,325 (STEPHANIE FOWLER, PRESIDENT, CAPITAL ACCESS).
- How much revenue does INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,456,118, expenses of $3,557,600 and total assets of $3,071,050 at year end.
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