PLATINUM2022

Innovative Entrepreneur Education

Innovate, Create, Transform Developing Successful Entrepreneurs

aka Matrix Entrepreneur Academy   |   BAKERSFIELD, CA   |  https://MatrixEntrepreneurAcademy.org

Mission

Mission: To provide youth, young adults, and adults with skills to last a lifetime.

Notes from the nonprofit

For several years Innovative Entrepreneur Education had planned to start Matrix Entrepreneur Academy in the Fall, 2020. Obviously, that year presented more challenges than any other year because of the Covid pandemic, yet we persevered and made this school happen in the most unlikely of years. Starting the fall of 2021, we cut way back after the initial enrollment was so low in 2020 and our expenses reflected many more students in that starting year. In 2021, we minimalized expenses, started E-clubs which met at business locations allowing us to be rent free, and all staff went unpaid. We survived and some students blossomed which made it all worth it. This school embodies the core of what the entrepreneur is all about. The challenges have been huge and whenever there was a problem, we worked to solve it. Now, we will move forward and present a great example of what true success looks like in our community.

Ruling year info

2019

President Board of Directors and Founder

Donna June Schwartz

Main address

PO Box 10569

BAKERSFIELD, CA 93389 USA

Show more contact info

EIN

83-1910526

NTEE code info

Secondary/High School (B25)

IRS filing requirement

This organization is required to file an IRS Form 990-N.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Matrix Entrepreneur Academy, a DBA of Innovative Entrepreneur Education, has added In-Person classes and Monthly Events for Matrix E-clubs (Junior, Teens. Young Adults) The Matrix Biz Expos are held at a Veteran's and Senior Building which is free to non-profits. We will continue the marketing campaign to promote the Matrix E-clubs, Entrepreneur Education classes & workshops in the school year, 2022 - 2023. Increasing students will allow income for a building location for our classes for 2022 - 2023. Mentors from the business community have begun to mentor each student individually a minimum of one hour a month. This will continue to enhance each student's business. It’s exciting that we started in 2020, survived, and are starting our third year in spite of the Covid pandemic. We continue to develop community partnerships to collaborate and build better programs.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Matrix Entrepreneur Academy

Matrix Entrepreneur Academy is a private nonprofit school program which opened in August, 2020. The school was founded by Innovative Entrepreneur Education, a California Nonprofit Corporation. The mission of Matrix Entrepreneur Academy is to produce well-rounded, self-confident, business minded, community-conscious, high achieving teens, young adults, and adults who successfully transition into higher levels of education, business community involvement, and are contributing citizens.

Matrix Entrepreneur Academy is a specialized program designed to educate students in junior and senior high school, young adults, and adults regarding finances, entrepreneurship, and business mindset.
Students are also taught how to start or grow their own sole proprietor business to fund college or a business. Classes will culminate each semester with a community event where students can promote their businesses and either sell their products or meet prospects for their service businesses.

Population(s) Served

Matrix Entrepreneur Academy will be starting a Production Team and be performing shows for conventions, business parties and awards dinners, & other community events. Students will be singing, dancing, or acting with a group of about 8 – 24 performers. All of this will be under the capable leadership of very talented local instructors.

Students on the team, those working toward being on the team, or developing their own entertainment business will have access to vocal and dance instruction.
With increased numbers of students developing skills in vocal, dance, and acting, additional production groups may form with different emphasizes. Vocal musicians, dancers, and actors will be grouped as either individuals forming equity companies or an individual starting a group and hiring other performers with unique productions. These productions of singing, acting, and dancing may center around themes, such as Safety Awards, a Disney show, or America.

Population(s) Served
Children and youth
Young adults
Children and youth
Young adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of new grants received

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth

Related Program

Matrix Entrepreneur Academy

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Funds are needed for our school. Matrix Entrepreneur Academy, but increasing the number of memberships & students increases income through paying of tuition. We added 3 levels of membership E-clubs.

Number of students enrolled

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adolescents, Children, Preteens, Young adults

Related Program

Matrix Entrepreneur Academy

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

We started in the middle of the Covid pandemic. Matrix Entrepreneur Academy, is launching a Membership program for 3 ages levels as well as individual mentorship for students.

Number of unique website visitors

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adolescents, Adults, Ethnic and racial groups

Related Program

Matrix Entrepreneur Academy

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

This is an estimate based on the number of Facebook likes and visits.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Matrix Entrepreneur Academy opened August 17, 2020, with approximately 10 students in classes and workshops.
This increased in 2021 - 2022 by adding a junior group & young adults. The program is appropriate for home schooled and Kern Learn students or those who attend a regular, private, or charter school.

In 2021-2022, Matrix adopted a membership program which includes four E-clubs. The Matrix Junior E-club is for children ages 5 - 12. The Teen Matrix E-club is for teens ages 12 - 18 and the Young Adult E-club focuses on young adults ages 18 - 25. Members are entitled to one event a month which is a Mixer, Biz Expo, Dinner, Field Trip, etc.
They also are entitled to personally being mentored in their business by a member of the business community.
Our goal is to increase membership to 50 students.

The Entrepreneur Program will consist of four areas of emphasis during most classes. These are Financial Education, Entrepreneur Education, Skills for Success (Mindset) and Wellness for Energy. Entrepreneurship 1 will be held one day a week for 1 & ½ hours. Workshops with a variety of topics are held for 1 hour a week for 6 or 12 weeks. Extra time for developing a business or rehearsing for performances will be scheduled as needed.

1. Financial Education – Certificated Program
Personal financial education helps participants build a solid financial foundation and empowers them with critical life-skills that will propel them into business and life-long financial success. When participants become business owners or enter the work force they will make educated decisions.
Topics that will be covered in personal finances: Budgeting, Saving, Credit Scores, Debt Management, Checking Accounts and Prepaid Cards, Credit Cards and Loans, Everyday Shopping/Spending, Student Loans, etc.

2. Entrepreneur Education – Certificated Program
The business portion of the curriculum will be from Entrepreneur Pathways, Inc. by Dr. Timothy M Stearns of California State University, Fresno where Dr. Stearns is the professor of Entrepreneurism.
Some Topics Covered: Who are Entrepreneurs? Am I an Entrepreneur? Entrepreneurial Concepts, Business Strategies, Market Analysis, Marketing Plans and Sales, Analyzing Finances, Starting Your Own Business, Leadership and Management, etc.

3. Skills for Success – Included in Entrepreneur Program
Skills for Success is a curriculum written by Robert Ritchey of Win the Game of Money
Goal setting for the young entrepreneurs will be a huge part the entrepreneur program. Each young entrepreneur will create their short-term, medium term, and long-term goals.

4. Wellness for Energy The young entrepreneurs will come to realize that their physical health is extremely important and excellent health is a must in order to continue to lead others in a business. Health topics will include nutrition, diet, and healthy lifestyle decision-making.

5. Students will start a business and show a net profit of $500 per month.

The schedule is to continue marketing, recruiting, and advertising to attract parents and students to join one of our E-clubs or Entrepreneur or Financial Education classes for the 2022-2023 school year. At the same time, we are continuing to apply for grants to fund the startup and marketing of Matrix Entrepreneur Academy. We participate in organizations such as Leaders in Life, Job and Stem vendor booths as well as have our own events called Matrix Biz Expos. We have joined several Chamber of Commerce groups and have partnered with numerous organizations to collaborate for more ways to serve our community.

A Parent group continues to help plan events and spread the word about Matrix Entrepreneur Academy.
Our social media presence will continue to increase on Facebook, Instagram, LinkedIn, and YouTube.
We plan to add an administrator and another instructor/mentor and well as enlist the efforts of volunteers from the business community to mentor our students.

Besides the membership activities, classes and workshops, we will provide individual support to each student so they can be successful.

Visual Arts (Painting, Drawing, Crafts, Jewelry) Sales Online & Local Shows
Performing Arts (Perform at Conventions, Company Events, Backyard Parties)
Production Team - Sing, Dance, Act (8-24 students) Audition Required.
Individually or in groups: Sing, Dance, Play an instrument
Acting, Emcee/Disc Jockey, Tech/Stage Crew

The board of directors of Innovative Entrepreneur Education is a group of highly skilled entrepreneurs, administrators and managers who are dedicated to see Matrix Entrepreneur Academy become a reality. Entrepreneurs are different than the general population because obstacles are simply areas of life to learn and solve problems. We will do whatever it takes including learning new skills, researching grants, and creating fundraisers.

The staff is in place. The CEO, instructors, and volunteers are lined up to do their job. Instructors are trained in the curriculum, CPR, Sexual Harassment, Zoom, and our curriculum platform Canvas for online classes.

Having won the grant from the Kern Community Foundation to participate in the JumpStart program through Network for Good in 2020 - 2021 provided us with a Fundraising Coach, a platform and education in reaching our community. In addition, our participation with Give Big Kern will continue to provide valuable training in fundraising.

Increased revenue will mainly be coming from Membership Dues, Tuition, and contracts with a school district to teach our curriculum as well as being a vendor for charter schools.

Besides the skills to make this academy a reality, the will and the drive by the Board of Directors of Innovative Entrepreneur Education, the staff, and numerous stakeholders have made Matrix Entrepreneur Academy start on time in spite of the Covid Pandemic and continue to grow.

The school opened on the date scheduled, August 17, 2020 with one in person class.

Aug. 17, 2020 - Started Classes with one In-Person Entrepreneur I Class.

Sept., 2020 - Moved Entrepreneur I Class Online for the remaining of the school year 2020 - 2021

Oct., 2020 started 3 workshops - Event Planning, Sales, & Performing Arts as a Business

Dec. 12, 2020 - First Holiday Teen Biz Expo In-Person at UpStart Village

Jan., 2021 - Entrepreneur I Class continued Online as did Workshops

Mar. 13, 2021 - Vendor Show at Skateland

April 23, 2021 - First Spring Biz Expo at UpStart Village

May 5, 2021 - First Annual Matrix Entrepreneur Academy Dinner with standing room only.

July, 2021 - Started three Matrix E-clubs with organizational meetings

Aug., 2021 - Matrix Junior E-club started with a Cash Flow Game Day

Sept., Oct., & Nov., 2021 - Matrix E-clubs met In-Person for Networking and Entrepreneur Skills

Dec. 11, 2021 - Matrix Holiday Biz Expo

April 23, 2022 - Matrix Spring Biz Expo.

May 18, 2022 - Second Annual Matrix Entrepreneur Dinner

June 22, 2022 and Aug. 11, 2022 - Cash Flow Game Nights for Families

Sept. 1, 2022 - Matrix Kick-off for 2022 - 2023

Sept. 12, 2022 - Entrepreneur and Financial Education classes begin for the Fall, 2022

Financials

Innovative Entrepreneur Education
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Innovative Entrepreneur Education

Board of directors
as of 12/31/2022
SOURCE: Self-reported by organization
Board co-chair

Donna Schwartz

Innovative Entrepreneur Education

Term: 2018 - 2023


Board co-chair

Dana Martin

School House Escapes

Term: 2018 - 2023

Lance Ablin

IDX Home

Tabari K Brannon

MESH

Eva Hebebrand

Moats & Hebebrand CPAs

Dana Martin

Adventure Time Entertainment

Gurpinder Riar

Deprigo Media / UPS Stores

Robert Ritchey

TGR Realty

Angela Rodriguez

LA Hilside Builders

Jeffrey Schwartz

Pacific Advisors

Donna Schwartz

Emerald Enterprises

Tomeka Powell

Lollipopa, LLC

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Not applicable
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Not applicable
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 8/26/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 02/21/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.