GOLD2023

Mansmann Foundation

We bring small business owners together to bond, learn, and get real about what it takes to build a thriving small business.

aka Entrepreneurs Forever   |   Pittsburgh, PA   |  entrepreneursforever.org
GuideStar Charity Check

Mansmann Foundation

EIN: 81-1032302


Mission

Our mission is to empower all small business owners to grow thriving businesses that sustain their families and support their communities.

Notes from the nonprofit

The Mansmann Foundation dba Entrepreneurs Forever has received an Advance Ruling from the IRS that recognizes the organization as a public charity for the 60-month period beginning January, 2023 after which we will be permanently recognized as a public charity per Section 509(a)(1), (2), or (3) of the Internal Revenue Code. The following excerpt from the IRS Advance Ruling letter (which can be found in the Letter of Determination section of the profile): " Based on your proposed activities and support, we agree you can terminate your private foundation status, and we'll treat you as a public charity as described in that Section for the 60-month advance ruling period. " "Grantors and contributors can rely on this determination that you're not a private foundation until 90 days after the end of your advance ruling period. "

Ruling year info

2016

CEO

AJ Drexler

Main address

1435 Bedford Avenue Suite 132 A

Pittsburgh, PA 15219 USA

Show more contact info

EIN

81-1032302

Subject area info

Community and economic development

Economic development

Population served info

Women and girls

Ethnic and racial groups

Economically disadvantaged people

Self-employed people

NTEE code info

Economic Development (S30)

IRS subsection

501(c)(3) Private Operating Foundation

IRS filing requirement

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

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

We seek to disrupt the disturbing trend of businesses in the United States getting progressively smaller and less able to support families or hire from within the community. Over the last 20 years, great emphasis has been placed on creating new start-up businesses, opening up significant opportunities for diverse business owners. However, SBA and U.S. Census research now demonstrates that too many of those businesses are getting stuck as non-employer and low-revenue businesses. According to the most recent data, more than 75% of small businesses in the U.S. are now non-employer businesses generating average revenue of less than $49,000. At this level of revenue, these small businesses can neither support the owners family above the poverty level nor consider hiring within the community.

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?

Entrepreneurs Forever

Entrepreneurs Forever is the premier program of the Mansmann Foundation and the only program in the country providing a proven, exclusively peer learning model for low-revenue businesses. Through our unique, long-term facilitated peer-to-peer model, we empower all small business owners to grow thriving businesses that sustain their families and support their communities through hiring.
Our results document the difference that participating in our long-term peer learning program can make for small business owners and their communities: After just two years in our program, member businesses are 30% more likely than the average small business in the U.S. to grow--and they are growing, on average by 80%! Further, they are more than doubling their owner's compensation to $60,000+, effectively pulling themselves out of poverty and hiring 2.1 additional staff.

Population(s) Served
Economically disadvantaged people
Ethnic and racial groups
Women and girls
LGBTQ people
Self-employed people

Where we work

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.

We will provide the people, skills, and support necessary to help at least 10,000 small businesses grow into family-sustaining and community-supporting businesses. Specifically, through participation in our long-term peer learning groups, we will help low-revenue and non-employer businesses increase their revenue, their owner's compensation, and their ability to hire staff from within the community.

Platform Creation: Our program is offered on an interactive digital platform that connects our small business owners, their facilitator, their funders, and a comprehensive proprietary curriculum throughout the 3+ year program. Small business owners apply, are accepted, meet monthly with their facilitated peer group and report results through our dedicated platform.

Community Engagement: Community leaders--particularly those in the most urban and most rural areas, are increasingly aware that rather than waiting for large corporations to save their communities, their greatest opportunity for creating economically stable communities is by growing their small businesses to a size that can support families and hiring from within the community. We work directly with government economic development leaders, foundations and other funders, and the entrepreneurial ecosystems in the community to identify and fund the diverse and growth-minded small business owners who will change the trajectory of small businesses in their communities.

National Expansion: Now available in 4 States, we seek to expand our program nationally, providing the greatest opportunity for small business owners to succeed and for communities to prosper.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Mansmann Foundation
Fiscal year: Jan 01 - Dec 31

Financial data

SOURCE: IRS Form 990

Mansmann Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Mansmann Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Operations

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

Documents
Form 1023/1024 is not available for this organization

CEO

AJ Drexler

After an entrepreneurial career both as a founder and as the visionary for a legacy firm, AJ Drexler assumed leadership at the Mansmann Foundation in 2019. Under her leadership, the Entrepreneurs Forever program was officially launched as the premier program of the Mansmann Foundation, and it began to scale nationally. AJ is an alumna of Boston College and the Harvard Business School's Owner/President Management Program.

Mansmann Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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Mansmann Foundation

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Mansmann Foundation

Board of directors
as of 01/05/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Jeremy Resnick

Himanshu Sareen

ICREON

Susan Valverde

Sylvan Learning

Suzie Queseda

Ramar Foods International

Benzi Ronen

Grubmarkets Inc

LaToya Johnson Rainey

A Hair Boutique

Organizational demographics

SOURCE: Self-reported; last updated 12/19/2023

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, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 12/18/2023

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 review compensation data across the organization (and by staff levels) to identify disparities by race.
  • 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.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • 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 use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • 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 measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • 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.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.