Econintech Inc

Freedom & Entrepreneurship to alleviate poverty and increase human dignity

aka Econintech   |   Miami, FL   |  https://www.econintech.org

Mission

Econintech is dedicated to promoting the ideas of the free market in the areas of economics, investment, innovation, technology and entrepreneurship by creating awareness and educating society about these ideas that will allow countries to prosper.

Ruling year info

2019

President

Dr Maria Lorca-Susino

Founder-Director & Manager of Projects in Venezuela

Luis Humberto Birollo-Cirocco

Main address

801 Brickell Key Blvd Apt 3309

Miami, FL 33131 USA

Show more contact info

EIN

83-3623352

NTEE code info

Alliance/Advocacy Organizations (B01)

Fund Raising and/or Fund Distribution (B12)

Research Institutes and/or Public Policy Analysis (B05)

IRS filing requirement

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

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Venezuela is having the worst crisis in its history. The problem was born more than 60 years ago, when Venezuelans started to trust on promises of all for free. Venezuela's society got used to the state giving everything for free. This socialism was financed by the oil-revenues but after 60 years of extraction and undermining economic freedoms, this country is having hard-times. Society has to be re-educated. They have to understand what real freedom is. They believe that freedom is go to vote in an electoral process, but they do not understand that economic freedom is the main pilar of the freedom as a whole. Econintech is working for let Venezuelans understand the broad definition of freedom. They need political but also urge of economic freedom.

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?

Venezuela Entrepreneurs

This is a series of workshops where family-groups attend the activities (on-line and/or in the classroom) to learn about how to write and develop a business or social idea.
The Econintech's Fellow-Scholars team organizes these activities to promote teh entrepreneurship in activities that can be done by Venezuelan families and that are sustainable given the real context of the country.
They promote trhough this program the family-based entrepreneurship as a way to keep united the families but also they are interested and teach to thos mono-parental families where the woman is the leader.

Population(s) Served
Families
Women and girls

Venezuela is suffering the worst humanitarian crisis. Sometimes this is just focused on the economic situation, nevertheless, the fact of having no freedom has buried Venezuelans in infrahuman conditions. Starvation, human trafficking, sex slavery, are just the tip of the iceberg. It is time to reveal the real gains of freedom to Venezuelans, it is not only about economic, the greatest profit that freedom brings to humanity is dignity. Through this project, Econintech’s team will organize 12 lectures, write 24 OpEds, and interview at least 6 Venezuelan residents of other countries where the freedom allows them to live with dignity.

Population(s) Served

Intellectual Humility (IH) leads to the improvement of ideas and allows the innovative development of new solutions that from a closed perspective would be impossible to achieve. IH has captured the attention of researchers and scholars who have advanced their studies through projects funded by the Templeton Foundation. However, there are very few analyses using the perspective of IH to study economics;
an important social science that has historically been very divisive and segregationist.
This project fills that gap and begins a line of research that will apply the IH approach to the analysis of recent failures in economic policies in South American (SA) countries. It will answer the following questions: Is it possible to measure the IH in the economic plans of certain SA countries?; Can economic institutions in SA countries be considered intellectually humbled?; What would be the economic policies and legal framework that allow the consolidation of the IH in SA countries?

Population(s) Served
Social and economic status
Age groups
Social and economic status
Age groups

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.

Average age of first-time, full-time, first-year registrants in direct entry programs continuing to the following year

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

Social and economic status, Family relationships, Age groups

Related Program

Venezuela Entrepreneurs

Type of Metric

Context - describing the issue we work on

Direction of Success

Holding steady

Rate of student attendance during the reporting period

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

Age groups, Family relationships, Social and economic status

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of financial literacy courses conducted

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

Age groups, Family relationships, Social and economic status

Type of Metric

Other - describing something else

Direction of Success

Holding steady

Number of participants who gain employment

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

Age groups, Ethnic and racial groups, Family relationships

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of businesses developed

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

Age groups, Family relationships, Ethnic and racial groups

Related Program

Venezuela Entrepreneurs

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

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.

In the context of the worst economic, social and moral crisis of our modern history, and totally aware that the seeds of our progressive destruction are rooted in our contrary-to-market institutions and our culture, a group of professionals in Venezuela decided to join efforts to educate people on the ideals of economic freedom, a concept which is many times misunderstood or purposefully used in a pejorative manner. Our intent was to contribute to such complicated endeavor by 1) creating and providing courses, seminars, workshops, conferences, and diverse activities in universities and schools, for students and for the general public; and 2) moving the knowledge frontiers through our research and publications with renowned scholars in-country and abroad. In order to achieve that, Econintech, a non-profit organization, was initially founded in Venezuela and recently –in sync with our vision and mission– in the USA, this has allowed us to increase our reach and look and work beyond Venezuela.

We deliver all our activities in-classroom but also on-line.

Every day, Econintech struggles with barriers of all kinds to boost entrepreneurship and economic freedom as the most effective mechanisms to reach the much-desired long-lasting prosperity, both as a country and on a personal basis. All our efforts are aligned with promoting the required changes and structural reforms to really free the economy and present the greatness of freedom. In order to achieve such an authentic goal in the most efficient manner, We count on an ad honorem group of collaborators and volunteers, whose valuable help is provided by virtue of their possibilities and availability. According to the last report generated, this voluntary service has approximately amounted 250 hours per month, which represents about 60 percent of the total time spent to make all our events and activities possible every month.

We have created a culture of freedom in the Lara State. Currently, micro-business managers know that they have to request and demand freedom and not protectionist policies. They have understood that once the moment of actively demanding for economic freedom is possible, they will start a campaign to reach among others: Monetary Freedom, Entreprenurship Freedom, Open Trade.

Financials

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

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Econintech Inc

Board of directors
as of 12/21/2021
SOURCE: Self-reported by organization
Board co-chair

Dr Neley Rueda

Econintech Inc

Term: 2020 - 2023


Board co-chair

Maria Lorca-Susino

Econintech

Term: 2020 - 2023

Rafael Acevedo-Rueda

Econintech Inc

Luis Birollo-Cirocco

Econintech Inc

Daniel Masveyraud

Schauman Holdings

Humberto Andrade-Zambrano

Econintech Inc

Luis Marchena

Econintech Inc

Neley Rueda-Ramirez

Econintech Inc

Gustavo Yanez

Inversiones Cronos Day Inc.

Juan Bogado

ProAlea C.A.

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? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • 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? Yes
  • 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 12/21/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

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

Equity strategies

Last updated: 12/21/2021

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 ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • 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.