Program areas at NFTE
Students in nfte programs learn how to develop a business plan and how to market their business concept. Through the process of creating their own business idea, nfte students build business and academic skills, are introduced to new career paths, and learn about a wide range of jobs and occupations. They also develop their entrepreneurial mindset. Nfte students learn to think and act like entrepreneurs, demonstrating skills such as initiative and self-reliance, flexibility and adaptability, critical thinking and problem solving, communication and collaboration, creativity and innovation, opportunity recognition, and future orientation. The entrepreneurial mindset, together with the skills nfte teaches, prepares youth for college and career success. Nfte partners with schools, community groups, and youth development organizations to bring Entrepreneurship education to diverse learners. Our work focuses primarily on middle and high school students in under-resourced communities. We target public school districts with free and reduced lunch (frl) eligibility rates of 50% or more, and most of our partner schools have frl rates of 70-80%. The nfte model leverages classroom teachers to deliver the nfte curriculum. The benefit to nfte is that teachers are paid by their respective school districts. The challenge for the organization's contributors and assessors is recognizing the economic value of those teachers is excluded, in tax reporting, from the measurement of expenditures related to program efforts. The teachers are essential to meeting the organization's mission, thus the economic value must be factored into any assessment of the organization to have a true comparison with other organizations.
Who funds Network for Teaching Entrepreneurship (NFTE)
Grants from foundations and other nonprofits
Personnel at NFTE
Name | Title | Date of data |
---|
J.d. Larock | President and Chief Executive Officer , Nfte | 2024-04-05 |
Jennifer Fay | Chief of Staff | 2024-04-05 |
Meg Stewart | Executive Director , Capital | 2024-04-05 |
Tim Blaylock | Executive Director, West | 2024-04-05 |
Marie McCabe | Director of Finance | 2024-04-05 |
...and 29 more key personnel |
Financials for NFTE
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $9,561,370 | $11,576,818 | -17.4% |
Program services | $2,167,215 | $1,888,191 | 14.8% |
Investment income and dividends | $98,278 | $64 | - |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $215,018 | $162,288 | 32.5% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $477 | $1,240 | -61.5% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $5,160 | $4,212 | 22.5% |
Miscellaneous revenues | $96,613 | $100,298 | -3.7% |
Total revenues | $12,144,131 | $13,733,111 | -11.6% |
Organizations like NFTE
Organization | Type | Location | Revenue |
---|
Girls Who Code | 501(c)(3) | New York, NY | $27,137,820 |
College Possible | 501(c)(3) | Saint Paul, MN | $24,598,991 |
OneGoal | 501(c)(3) | Chicago, IL | $46,499,926 |
Steppingstone | 501(c)(3) | Boston, MA | $16,364,119 |
Fulfillment Fund | 501(c)(3) | Los Angeles, CA | $6,532,887 |
Higher Achievement Program | 501(c)(3) | Washington, DC | $7,738,858 |
Us Dream Academy | 501(c)(3) | Silver Spring, MD | $4,347,297 |
Communities in Schools of North Texas (CISNT) | 501(c)(3) | Lewisville, TX | $7,301,080 |
Communities in Schools of the Dallas Region (CISDR) | 501(c)(3) | Dallas, TX | $12,139,498 |
Midtown Educational Foundation (MEF) | 501(c)(3) | Chicago, IL | $3,318,924 |
Data update history
May 17, 2024
Used new vendors
Identified 1 new vendor, including
April 5, 2024
Updated personnel
Identified 37 new personnel
April 5, 2024
Used new vendors
Identified 1 new vendor, including
January 29, 2024
Updated personnel
Identified 38 new personnel
January 3, 2024
Received grants
Identified 33 new grant, including a grant for $1,500,000 from Citi Foundation Nonprofit Types
SchoolsEducational service providersHeadquarter / parent organizationsCharities
Issues
EducationHuman servicesChildren
Characteristics
Fundraising eventsOperates internationallyNational levelReceives government fundingCommunity engagement / volunteeringGala fundraisersFundraising races, competitions, and tournamentsTax deductible donations
General information
- Address
- 120 Wall St 18th Floor
- New York, NY 10005
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- nfte.com/Â
- Phone
- (212) 232-3333
- Facebook page
- NFTEÂ
- Twitter profile
- @nfteÂ
IRS details
- EIN
- 13-3408731
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1986
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B90: Educational Services
- NAICS code, primary
- 611710: Educational Support Services
- Parent/child status
- Central organization
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