Mission
ConnectUP! Institute is a social finance and enterprise development studio that focuses on providing education, consulting, and collaboration specifically for entrepreneurs from underestimated communities. They aim to foster an inclusive entrepreneurial ecosystem, drive community wealth, and support underserved communities through access to capital and capacity building.
Basic Information
Tax-Exempt
Founded in
2020
EIN
85-2918250
Total Assets
$403.9 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 5 goals
At a Glance
Acquisition of Lunar Startups
ConnectUP! Institute acquired the Lunar Accelerator program to support underinvested entrepreneurs.
Upcoming Mini Summit
Join us on November 15 for a mini summit focusing on optimizing enterprises using A.I.
Empowering Black Businesses
Celebrating blossoming Black businesses in Minnesota.
Upcoming Events
Business Growth with A.I. Mini Summit
2024-11-15
Interactive sessions for entrepreneurs, investors, and ecosystem professionals.
Learn MoreOur Programs
Lunar Startups Accelerator
A 12-week program specializing in growth, connection & innovation for diverse founders.
Learn MoreCapital Readiness Accelerator
Helping Founders Secure the Bag! A 12-week program to help prepare entrepreneurs to access capital.
Learn MoreIntegrated Capital Fund
Supporting second-stage Black, Brown, Women, LGBTQ+ and Rural Founders across Minnesota.
Learn MoreMIP 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
42
28
/100
Program Expense Ratio
57.59%
4
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.2712
12
/20
Working Capital Ratio
0.7455
8
/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 | 566.2K | 87.05% |
| Program Services | 84.22K | 12.95% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 650.4K | 100.00% |
