Georgia Education Foundation Inc.
Georgia Education Foundation Inc.
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About this organization
Revenue
$200,298
Expenses
$227,011
Mission
See Part III, Page 2
About
The Mentor Protege Program is a business development program administered by the Georgia Education Foundation, Inc, the educational arm of Georgia Minority Supplier Development Council, Inc (GMSDC). It provides opportunities for Georgia small businesses to benefit from a partnership with a corporate mentor for a period of one year. Emerging firms can build relationships, explore new technologies, learn about best practices and benefit from the wisdom of corporate executives who are committed to the long-term health and overall growth of small businesses in Georgia. The goal of the program is to help small businesses to be successful over the long haul, by helping them to develop capacity, enhance their skill sets and become more competitive. Research has shown that access to the right kind of coaching and mentoring significantly increases the success rate in small business, while both the mentor and the protege benefit tremendously from their interaction.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “To provide educational and training opportunities for small business enterprises and emerging entrepreneurial in order to develop capacity that will drive business growth and create jobs.”.
When detailing its duties, they were outlined as: “See part iii, page 2”.
- The non-profit's reported state of operation is GA as per legal requirements.
- The non-profit's form for the year 2020 reports a total of 0 employees on their payroll.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$26,713.
- The CEO compensation policy of the organization is not established through an independent review and approval process.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 6 independent voting members.
- The organization was formed in 2012.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
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