THE NASDAQ ENTREPRENEURIAL CENTER INC Charity Report

Public IRS 990 nonprofit record

THE NASDAQ ENTREPRENEURIAL CENTER INC

EIN 47-1253460 · Museums (A50)

What they do

ESTABLISHED IN 2014, THE NASDAQ ENTREPRENEURIAL CENTER (THE "CENTER") is AN INDEPENDENT CHARITY DEDICATED to EDUCATING THE PUBLIC ABOUT ENTREPRENEURSHIP and EDUCATING INDIVIDUAL ENTREPRENEURS ON SUBJECTS USEFUL to THEM and BENEFICIAL to THE COMMUNITY. THE CENTER is ALSO DEDICATED to IMPROVING ACCESS and KNOWLEDGE to COMMUNITIES UNDER-REPRESENTED IN ENTREPRENEURIAL ENDEAVORS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

106.96%of revenue went to mission work76.3% of expenses · Program services

18.51%of revenue went to fundraising13.2% of expenses

$140.23spent for every $100 of revenueSpending was higher than revenue this year.

14.76%of revenue went to management and office costs10.5% of expenses

$1.31in assets for every $1 spent this yearSome assets cannot be spent right away.

96.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,341,885 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $453,408 for CELENA APONTE (VICE PRESIDENT OF STRATEGY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,335,587

Mission workProgram services$3,567,755106.96% of revenue76.3% of expenses

ManagementOffice and general costs$492,46414.76% of revenue10.5% of expenses

FundraisingAsking for donations$617,25318.51% of revenue13.2% of expenses

Total expenses$4,677,472140.23% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.3% mission · 10.5% management · 13.2% fundraisingTotal expenses: 140.23% of revenue

2023Expense mix: 76.7% mission · 11.0% management · 12.4% fundraisingTotal expenses: 61.17% of revenue

2022Expense mix: 76.4% mission · 9.0% management · 14.6% fundraisingTotal expenses: 128.47% of revenue

2021Expense mix: 74.2% mission · 11.0% management · 14.8% fundraisingTotal expenses: 68.11% of revenue

2020Expense mix: 70.1% mission · 13.4% management · 16.5% fundraisingTotal expenses: 175.85% of revenue

2019Expense mix: 64.7% mission · 14.6% management · 20.7% fundraisingTotal expenses: 340.63% of revenue

2018Expense mix: 62.6% mission · 15.2% management · 22.2% fundraisingTotal expenses: 109.02% of revenue

2017Expense mix: 67.1% mission · 12.1% management · 20.9% fundraisingTotal expenses: 111.15% of revenue

Money in and money out

Revenue$3,335,587

Expenses$4,677,472

Annual shortfall $1,341,885 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,567,755 · 76.3% of expenses

Management and office costs$492,464 · 10.5% of expenses

Fundraising$617,253 · 13.2% of expenses

See all reported dollar amounts

Revenue$3,335,587

Expenses$4,677,472

Assets$6,139,347

Income$3,335,587

Contributions$3,209,815

Mission work (program services)$3,567,755

Fundraising$617,253

Grants given$2,011,531

Average grant$118,325

Management and general$492,464

Accounting fees$64,693

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CELENA APONTEVICE PRESIDENT OF STRATEGY · 40 hrs/week $453,408Base $439,759 · Other $13,649

NICOLA CORZINEEXECUTIVE DIRECTOR AND SECRETARY · 40 hrs/week $415,853Base $400,219 · Other $15,634

KAMYRISA TWIGGS TAYLORDIRECTOR OF MILESTONE CIRCLES · 40 hrs/week $132,890Base $118,472 · Other $14,418

COLIN MAHINDIRECTOR OF PROGRAMS · 40 hrs/week $124,856Base $115,229 · Other $9,627

BROOKE PALIZIDIRECTOR OF MARKETING · 40 hrs/week $119,224Base $102,935 · Other $16,289

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

CELENA APONTEVICE PRESIDENT OF STRATEGY

NICOLA CORZINEEXECUTIVE DIRECTOR AND SECRETARY

KAMYRISA TWIGGS TAYLORDIRECTOR OF MILESTONE CIRCLES

COLIN MAHINDIRECTOR OF PROGRAMS

BROOKE PALIZIDIRECTOR OF MARKETING

JAILAN GRIFFITHSBOARD CHAIR

JILLIAN MANUSMEMBER

MANAN MEHTAMEMBER

MATT PAGETMEMBER

MELISSA HONEYWELLTREASURER

ROBURTA BURROUGHS MASSENATMEMBER

SHIVANI SOPORYMEMBER

STEVE BOCHNERMEMBER

About this charity

Recognized since: January 2014
Location: 805 KING FARM BLVD 2ND F, ROCKVILLE, MD 20850-6162
County: City and County of San Francisco
In care of: NICOLA CORZINE
Primary officer: NICOLA CORZINE, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(415) 792-2492

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BPM LLP
NTEE classification: Museums (A50)
IRS tax category: Museums
Grant-giving organization: Yes