Mission
MORTAR provides a 15-week entrepreneurship academy designed to empower diverse and historically marginalized entrepreneurs with the resources, tools, and mentorship necessary to start and grow successful businesses. They focus on building community ownership and pride, ultimately transforming neighborhoods through entrepreneurship.
Basic Information
Founded in
2014
EIN
47-2431620
Total Assets
$4.414 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
MORTAR Academy
A 15-week course designed for aspiring entrepreneurs to learn business fundamentals.
Alumni Program
Continued mentorship and support for graduates for 18 months post-academy.
Success Stories
Inspiring stories of MORTAR graduates who have launched successful businesses.
Impact Stats
Months of Support
Support After Academy
MORTAR provides a minimum of 18 months of additional support post-graduation for alumni.
Percentage of Participants
Diverse Cohort
76% of MORTAR participants identify as African American, highlighting the organization's commitment to diversity.
Local Jobs Created
Job Creation
The entrepreneurs supported by MORTAR launch businesses that aim to create jobs and circulate dollars locally.
Past Events
10 Year Anniversary Celebration
2024-10-12
Celebration of MORTAR's 10th anniversary, reflecting on achievements.
Upcoming Events
MORTAR Homecoming Volume 3
2024-10-12
A community block party celebrating MORTAR's impact with food, music, and activities.
Learn MoreOur Programs
Entrepreneurship Academy
A 15-week course helping entrepreneurs build businesses and navigate challenges.
Learn More
Alumni Program
Ongoing support for graduates with mentoring and resources for business growth.
Learn MoreTestimonials
"Mortar helped me actualize my business and bring my ideas to life in a scalable way."
Diamyn Rembert
Alumni
"MORTAR provided a wealth of knowledge and resources to refine my business and make my dreams of becoming an entrepreneur a reality."
Cameo Stewart
Alumni
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
65
62
/100
Program Expense Ratio
64.98%
6
/20
Program Revenue Growth
18.75%
18
/20
Leverage Ratio
0.02601
20
/20
Working Capital Ratio
2.936
16
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 1.617M | 75.65% |
| Program Services | 506.4K | 23.69% |
| Investment Income | 14.06K | 0.66% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 2.138M | 100.00% |
