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Sinapis Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271549182 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Sinapis Group Inc?

Sinapis Group Inc is a nonprofit organization based in Indianapolis, Indiana, with a team of seven dedicated individuals. Their primary mission is to empower entrepreneurs across various countries, including Kenya, Uganda, Rwanda, Ghana, Liberia, Egypt, Mexico, Mongolia, Mozambique, Burundi, and Brazil. They accomplish this through comprehensive business training, mentorship, and access to capital. Their ultimate goal is to help these entrepreneurs grow successful businesses that contribute to the local economy and generate employment opportunities, ultimately alleviating poverty. Additionally, Sinapis Group Inc fosters ongoing alumni networks and offers acceleration and advisory services to nurture high-potential entrepreneurs, enabling them to surmount barriers and secure necessary funding. The organization's unique approach integrates faith into its work, enabling entrepreneurs to create businesses that yield economic, social, and spiritual impact.


Official website here: www.sinapis.com

Is Sinapis Group Inc legitimate?

Sinapis Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sinapis Group Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $159,527
Professional Fundraising Fees: $33,524
Other Salaries and Wages: $350,796

For more financial information, click here


Official website here: www.sinapis.com

What is the mission statement of Sinapis Group Inc?

Sinapis Group Inc's mission is centered around providing entrepreneurial training, mentorship, and access to capital. Their objective is to empower emerging and frontier market entrepreneurs to integrate their faith into their business operations, thereby fostering the growth of ventures that yield economic, social, and spiritual impact. The organization offers business training, acceleration, and advisory services, along with an ongoing alumni community. Through these initiatives, Sinapis Group Inc has trained over 8,200 entrepreneurs in various countries, contributing to local economic growth and job creation, which helps alleviate poverty. They also establish ongoing alumni networks and offer additional acceleration and advisory services to high-potential entrepreneurs, assisting them in overcoming barriers to scale and securing the necessary capital.


Official website here: www.sinapis.com

Who is the CEO of Sinapis Group Inc?

Matthew Rohrs is the Chair of Sinapis Group Inc. The CEO's salary of Sinapis Group Inc is $152,771 and their total compensation is $159,527.


Official website here: www.sinapis.com

What is the revenue of Sinapis Group Inc?

Sinapis Group Inc's revenue in 2022 was $2,683,190.


Official website here: www.sinapis.com

Who are the executives of Sinapis Group Inc and what are their salaries?

The average compensation at Sinapis Group Inc during 2022 was $72,903. There are 7 employees and 10 volunteers at Sinapis Group Inc.

Here are 8 key members and their salaries (Sinapis Group Inc's CEO's salary is $152,771 and their total compensation is $159,527):

    Matthew Rohrs (Ceo)
  • Compensation: $152,771
  • Related: $0
  • Other: $6,756

    • Steve Cesler (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney Mills (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Allgood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Overstreet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karibu Nyaggah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Ikiara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Ruyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sinapis.com

    Where can I find the form 990 for Sinapis Group Inc?

    The Sinapis Group Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sinapis.com

    Learn more at the official website: www.sinapis.com

    Mission Statement of Sinapis Group Inc

    Sinapis Group Inc is an organization dedicated to aiding entrepreneurs in their journey to establish successful businesses with both social and spiritual impact. The mission of Sinapis Group Inc involves providing business training, acceleration, and advisory services, as well as fostering an ongoing alumni community. This comprehensive approach equips emerging and frontier market entrepreneurs with the tools to integrate their faith into their work, ultimately leading to the growth of businesses that can create positive economic, social, and spiritual impacts.

    Through Sinapis Group Inc's training programs, over 8,200 entrepreneurs from various countries, including Kenya, Uganda, Rwanda, Ghana, Liberia, Egypt, Mexico, Mongolia, Mozambique, Burundi, and Brazil, have been equipped with the necessary skills to grow their businesses. As these entrepreneurs succeed, they contribute to the local economy by creating job opportunities that help alleviate poverty. Sinapis Group Inc goes beyond its core training programs to establish ongoing alumni networks and offer acceleration and advisory services to high-potential entrepreneurs. These additional resources help these entrepreneurs overcome barriers to scale and secure the necessary capital.

    Impact

    This information is meant to be a general summary of Sinapis Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Sinapis Group Inc's impact stems from its core mission of offering business training, acceleration, and advisory services to emerging and frontier market entrepreneurs. By equipping these entrepreneurs with the necessary skills and tools to grow successful businesses, Sinapis is directly contributing to economic development, job creation, and poverty alleviation in countries such as Kenya, Uganda, Rwanda, Ghana, and others.

    Through its training programs, Sinapis has already empowered over 8,200 entrepreneurs across multiple countries. These entrepreneurs, as they expand their businesses, not only contribute to the local economy but also create job opportunities that have a tangible impact on alleviating poverty within their communities.

    Additionally, Sinapis goes beyond just training and offers ongoing support through alumni networks, acceleration programs, and advisory services. By nurturing high-potential entrepreneurs and helping them overcome barriers to scale, Sinapis is facilitating the growth of businesses that have the potential to make significant social, economic, and spiritual impact.

    Overall, Sinapis Group Inc's work exemplifies how investing in entrepreneurship and providing holistic support to business owners can lead to sustainable development, empowerment of individuals, and positive transformation within communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $2,683,190

    • Assets and Liabilities:
  • Total Assets: $1,027,888
  • Total Liabilities: $56,657
  • Net Assets: $971,231
  • Organization Details

    Founding Year

    2009

    Principal Officer

    Matthew Rohrs

    Main Address

    8888 KEYSTONE CROSSING 1300, INDIANAPOLIS, IN, 46240

    NTEE Category

    Code: B99 - Education

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