Overview

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Est.

2002

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The Zeal Center for Entrepreneurship is a nonprofit organization focused on economic development and business growth in Sioux Falls, South Dakota. With an operating budget of $1.1 million, the organization aims to create a thriving entrepreneurial ecosystem by providing incubator, accelerator, and development services to emerging businesses. Notably, it does not rely on a single funder for more than 50% of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.realzeal.com.

Mission Statement

THE PURPOSE OF ZEAL IS TO CREATE A THRIVING EPICENTER OF ENTREPRENEURSHIP AND PIPELINE OF EMERGING RAPID GROWTH BUSINESSES TO EXPAND AND DIVERSIFY THE SIOUX FALLS ECONOMY BY PROVIDING INCUBATOR, ACCELERATOR AND OTHER ENTREPRENEURIAL DEVELOPMENT SERVICES TO COMPANIES LAUNCHING IN OR EXPANDING TO THE SIOUX FALLS REGION.
Revenues
$1.1M
Expenses
$1.1M
Net Income:
+$60.2K
Assets
$6.4M
Liabilities
$324.6K
Net Assets:
+$6.1M
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$68.1K
Largest grant received
$70.8K
B
Brienne Maner
Board Member
A
Amy Moore
Board Member
J
Jason Herrboldt
Board Member

Frequently Asked Questions

What is ZEAL CENTER FOR ENTREPRENEURSHIP’s budget?
In 2024, ZEAL CENTER FOR ENTREPRENEURSHIP reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does ZEAL CENTER FOR ENTREPRENEURSHIP support?
ZEAL CENTER FOR ENTREPRENEURSHIP supports work in Business and industry and Economic development.
Where does ZEAL CENTER FOR ENTREPRENEURSHIP operate?
ZEAL CENTER FOR ENTREPRENEURSHIP is headquartered in Sioux Falls, SD.
Who funded ZEAL CENTER FOR ENTREPRENEURSHIP recently?
In 2024, ZEAL CENTER FOR ENTREPRENEURSHIP received grants from SIOUX FALLS DEVELOPMENT FOUNDATION INC, SIOUX FALLS AREA COMMUNITY FOUNDATION INC, and SIOUX FALLS AREA COMMUNITY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant ZEAL CENTER FOR ENTREPRENEURSHIP received in 2024?
The largest grant to ZEAL CENTER FOR ENTREPRENEURSHIP in 2024 exceeds $71 thousand.
What is ZEAL CENTER FOR ENTREPRENEURSHIP’s reliance on government grants?
ZEAL CENTER FOR ENTREPRENEURSHIP relied on government grants for more than 20% of their total revenue in 2024.