Novel City Chamber of Innovation
4421 Prospect Avenue
Kansas City MO 64130
Mass Media Guru Armstrong Williams speaks on Thinking Novel and Taking Risks!!
Web and Phone Contact
Telephone (816) 6781389
Mission Statement

Novel City Chamber of Innovation is a 501c3 nonprofit and minority led community economic development partner established to empower diverse entrepreneurs, innovators and corporate professionals.

  • Mission: To maximize the value of unified diversity by developing and promoting innovation and entrepreneurship through physical and virtual platforms.
  • Vision: To increase the rate of innovation within communities, businesses, governments and organizations in order to provide a generation of innovators with a legacy of true freedom.
  • Value Statement: Novel City as a collective body will uphold a high standard for expertise, integrity, fairness, creativity, and excellence.
Leadership
CEO/Executive Director Phillippe Jabbar Wesley Sr.
Board Chair Josh Kimbrough
Board Chair Company Affiliation Community Partners
History and Background
Year of Incorporation 2007
Former Names
Good Money Foundation
United Races of America
Financial Summary
Revenue Expense Area Graph

Comparing revenue to expenses shows how the organizations finances fluctuate over time.

Source: IRS Form 990

 Breakdown
Net Gain/Loss:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.
Statements
Mission Statement

Novel City Chamber of Innovation is a 501c3 nonprofit and minority led community economic development partner established to empower diverse entrepreneurs, innovators and corporate professionals.

  • Mission: To maximize the value of unified diversity by developing and promoting innovation and entrepreneurship through physical and virtual platforms.
  • Vision: To increase the rate of innovation within communities, businesses, governments and organizations in order to provide a generation of innovators with a legacy of true freedom.
  • Value Statement: Novel City as a collective body will uphold a high standard for expertise, integrity, fairness, creativity, and excellence.
Background Statement In 1987 a group of 9 individuals began meeting as New Life in Christ Christian Fellowship to discuss a grassroots movement that would transform lives in phenomenal ways. Within 21 years the organization grew to over 500+ members gaining a Grade A reputation and international influence reaching thousands of individuals in multiple countries. From this member group United Races was formed. United Races began in 2007 as a pro-diversity initiative of the Good Money Foundation. In 2008 a substantial amount of interest was shown by community volunteers who were compelled to GET INVOLVED. At that point the Executive Director was encouraged to make an executive decision to change the name of the organization to United Races. In 2012, our organization was at the forefront of the innovation renaissance. We led the South KC Innovation Committee in collaboration with the South KC Chamber of Commerce.  During this era we decided to establish the world's first chamber of innovation, Novel City Chamber of Innovation.  We've since led efforts at the local, regional and national and/or federal levels.  
Impact Statement

The organization has been established since 2007 and has been key stakeholder of national and internationally recognized innovation initiatives.

Novel Day Innovation Showcase

The Novel Day Innovation Showcase is a one-day event with a fast-paced event format. The event showcases the latest innovations from a collection of large, mid-sized and start-up businesses as well as expert speakers from within the quaternary sector which was mentioned above as the Media, Research, Education, Law, Finance and Tech industries.  

Rise Faster

The Rise Faster Initiative is a year-long professional development bootcamp, beginning with a conference on January 31st, 2017 at the Techstars Sprint Accelerator in Kansas City. After the conference, attendees get access to executive coach calls, monthly webinars, community building quarterly meetups, and a learning platform being designed especially for the needs of this diverse group. Rise Faster is designed to create an army of young professionals that have the knowledge, skills, mentors and motivation to single-handedly move the needle for their startup, corporate employer or organization.

Small Fortunes

The Small Fortunes Initiative is a youth development program designed to use entrepreneurship education & consulting as a mentorship tool. We work with community groups, various government entities and professionals within the media, research, education, law, finance and tech industries to pool and engage entrepreneurship mentors and advisory teams for at-risk youth as well as youth in general. The Small Fortunes initiative is also integrated into our other programming via internship opportunities, providing event time and platforms for youth entrepreneurs to pitch their ideas as well as opportunities to gain journalism and social media expertise.

Our goal is to impact and assist 500-750 individuals and or entities within the entrepreneurship & innovation community by the end of 2017.

Needs Statement

 

  • We are seeking $50,000 to assist with the expansion of the following diversity focused innovation, entrepreneurship and mentorship programs.

 

               · Novel Day Innovation Showcase - $20,000

               · Rise Faster Initiative - $20,000
               · Small Fortunes (Youth Entrepreneurship Initiative) - $10,000
  • Novel Student Initiative- $3,000,000  innovation fund to develop entrepreneurial innovation ecosystem.
  • Novel Street Journal - $150,000 - The NovelStreet Journal© (NSJ) will be an online Innovative Journal of Thought Leadership in the Media, Research, Education, Law, Finance & Tech Industries. 
  • Novel City Operations - $300,000 - Operational expenditures to assist with building entrepreneurial capacity.
Service Categories
Economic Development
Fund Raising & Fund Distribution
Adult, Child Matching Programs
Areas of Service
MO - Jackson County
CEO/Executive Director/Board Chair Statement 2016 was a year that we as an organization were successful at laying a foundation for growth in 2017.  We were challenged due to our lack of manpower.  However the execution of our collaboration efforts by partnering with local nonprofits as well as nonprofits in other cities such as New York and Washington DC helped us to achieve certain financial and event-based milestones.  Our organization has a passion for the communities, entrepreneurs, youth and professionals that we serve.  For 2017 we are facing new challenges such as increasing the number of hours devoted to service as well as fundraising.  In doing so, we will be positioned to focus on the future of our organization versus being stifled and stagnant.  There is no doubt that there is a significant need to increase the rate of innovation and economic growth on a national scale.  Our organization is non-partisan and well positioned to work with the Trump administration as we did with the Obama administration as we were selected to be a 2016 MBK Commitment Maker and contributor to the President's 2016 MBK Report.  Though we made those commitments via WhiteHouse.gov we need your help to achieve all that we've expressed in this profile.  That said, I'd like to personally thank you in advance for your support and we look forward to reporting high impact results in the coming months. 
Programs
Description Designed to not only raise funds for our organization, but also raise funds for other non-profits and provide funding for initiatives and organizations that successfully implement our mission and vision. This program implements niche funding as well as support to small and big scale projects that generate more revenue opportunities for Kansas City as a whole.

The Funding the Future program includes the writing and submission of grant proposals, fundraising event development and facilitation, and major donor attraction and retention program development and execution. The following services will be offered:
  • Grant writing
  • E-communications with donors via social networking and other web-based interactive resources.
  • Private funds, investments and fund managers
Category Philanthropy, Voluntarism & Grantmaking, General/Other Fundraising
Population Served US& International, ,
Short-Term Success Through our grants, sponsors and donors program our clients immediately see the payback on dollars they’ve invested in our organization. As a result of interacting with United Races our clients receive a wealth of knowledge that can be applied to their present situations. In the past 12 months, we have witnessed significant and positive shifts in the behaviors and attitudes of individuals ranging from economic development and financial professionals to average individuals in the Kansas City workforce. These individuals have expanded their capacity to be successful, productive citizens and entrepreneurs who contribute to improving Kansas City’s quality of life.
Long-Term Success To generate and provide funds in order to:
  • Provide quality social services and resources to encourage racial diversity, workforce development and innovation.
  • Increase the return on each dollar invested in building diverse neighborhoods, churches, businesses, educational institutions, and governments and to;
  • Reduce the occurrences of gentrification substantially and stimulate economic growth by marketing unified racial diversity as a viable commodity.
Program Success Monitored By The grants, sponsors and donors program is currently being measured through means of logging grant and sponsorship requests made as well as grants and sponsorship funds that are granted. We also communicate via e-communications such as Survey Monkey, e-mail and web-based social networks which give our donors and sponsors the opportunity to give direct feedback to our regular updates on various projects that they have a vested interest in.
Examples of Program Success United Races has been granted a brand from the Kansas City Area Development Council who now incorporates the brand in presentations to attract college students to the Kansas City workforce. United Races has used this success to attract companies within the economic development, financial, youth, nonprofit, education and image consulting fields to be long-term donors/partners with our organization.
Description

The NovelCity Chamber of Innovation will function as a virtual chamber devoted to the education and promotion of perpetual multi-cultural innovation, intra and entrepreneurship. The Chamber will be a valuable resource utilizing the following innovation focused platforms;

· NovelWebinars
· NovelConsortia
· NovelNetworking Events
· Novel Membership Benefits such as;

  • Affinity programs
  • Discounted to no-cost consulting
  • NovelCity Marketing Matrix and more…
Program Budget $130,000.00
Category Mutual, Membership Benefit, General/Other Mutual, Membership Benefit, General/Other
Population Served US& International, ,
Short-Term Success

5 Year Milestones

· Novel City will have trained and certified 2500 students who will have completed the Novelopment Cycle certification by 2022

· Novel City Chamber of Innovation staff as well as other complementary associations by 2021.

· Novel Street Journal has a goal to attract and retain a minimum of 2500 subscribers by 2021

1 Year Milestones

· Novel City will have trained and certified 500 students who will have completed the Novelopment Cycle certification by 2018

· Novel Street Journal has a goal to attract and retain a minimum of 500 subscribers by 2018

6 Month Milestones

· Staff and implement training strategy for Novel City to train and certify 250 students who will have completed the Novelopment Cycle certification by 2018

· Retain web-developer to create front and back-end of the media website www.novelstreetjournal.com

Long-Term Success Novel City Chamber is established to offer additional resources such as; online learning tools, mentorship opportunities, office space and the complementary office services, product development and technology, product and graphic design, marketing expertise, financial consulting, human capital management and resources, viable research, legal, accounting and other business development support services. In addition, Novel City Chamber is being positioned to provide innovation focused events, entrepreneurship education programming, strategy consulting, fiscal agency support for other entrepreneurial capacity building organizations, branding and governance advice. Novel City Chamber primarily operates in the US, and is headquartered in Kansas City, Missouri. As mentioned, our organization takes an “applied engineering approach” by maximizing the value of S.T.E.M. education and resources to building entrepreneurial capacity and assisting entrepreneurs with product, process, service, and/or system development. Novel City Chamber has developed a proprietary process designed axiomatically to guide entrepreneurs and innovators as they solve complex problems by developing a variety of viable end applications. Powered by our 24/7/365 access portal to the Novel City Chamber and the support of the solicited funding, our clients will be able to receive the necessary coaching, support and resources On Demand.
Program Success Monitored By Our organization will utilize analytical tools as well as surveys and in-person interviews to monitor progress for this program.
Examples of Program Success Novel City Chamber of Innovation has worked in collaboration with organizations such as New York based Student Dream, Sprint Accelerator to assist entrepreneurs and professionals via events, education resources, mentorship and fundraising in multiple cities including, Kansas City, New York, DC, Miami, Louisiana and several other cities though our main focus is the Greater Kansas City area. 
Description

The Novel Day Innovation Showcase is a one-day event with a fast-paced event format. The event showcases the latest innovations from a collection of large, mid-sized and start-up businesses as well as expert speakers from within the quaternary sector which was mentioned above as the Media, Research, Education, Law, Finance and Tech industries. We have been successful at using this event platform to build entrepreneurial capacity in under-served communities, attracting & developing talent and entrepreneurial resources. Past sponsors & participants of this event included: Google, Kauffman Foundation, Cerner Corporation, Kansas City Area Development Council, Kansas City BizJournal, Sporting Innovations, ThinkBig Partners, University of Missouri, City of Kansas City, Bill Murphy Jr. (Inc.com), Balance Point, Betablox, Small Business Development Center of Missouri, Missouri Gas Energy and Angel Capital Group - Kansas City Division.

Category Science & Technology, General/Other Science & Technology, General/Other
Population Served US& International, ,
Short-Term Success We hope that the 2017 Novel Day Innovation Showcase will positively impact 250 innovators in the Kansas City region.
Long-Term Success We hope to host Novel Day Innovation Showcases in every major city around the world.
Program Success Monitored By We will monitor our success via surveys as well as search tracking tools and social media mentions tracking technology.
Examples of Program Success As a result of our Novel Day Innovation Showcase, we received feedback from participants who received startup funding, new joint ventures, speaking engagements as well as sales leads.
Description

The Rise Faster Initiative is a year-long professional development bootcamp, beginning with a conference on January 31st, 2017 at the Techstars Sprint Accelerator in Kansas City. After the conference, attendees get access to executive coach calls, monthly webinars, community building quarterly meetups, and a learning platform being designed especially for the needs of this diverse group. Rise Faster is designed to create an army of young professionals that have the knowledge, skills, mentors and motivation to single-handedly move the needle for their startup, corporate employer or organization.

Category Employment, General/Other Job Training & Employment
Population Served Adults, ,
Short-Term Success We are seeking high impact results for the 2017 Rise Faster participants who registered for the January 31, 2017 kickoff event. We want to create an army of young professionals that have the knowledge, skills, mentors and motivation to single-handedly move the needle for their organization.
Long-Term Success Our long-term goal is to develop a certification process for young professionals to attain which would compliment their professional work experience.
Program Success Monitored By We will receive, analyze and report on survey feedback from our event and webinar participants.
Examples of Program Success see www.risefast.com
CEO Comments Our organization currently faces the challenge of raising the necessary funding needed to effectively administer the aforementioned programs.  However, we have made great strides to put key partnerships in place with local economic development professionals, fundraising consultants, entrepreneurs, clergy, private educational institutions as well as key city officials such as community development directors.  We believe by establishing and nurturing these key relationships we will be well positioned to roll out our fundraising strategy that provides win-wins and measurable outcomes for current and potential donors. 
Executive Director/CEO
Executive Director Phillippe Jabbar Wesley Sr.
Term Start Sept 2007
Experience

Jabbar Wesley is an Economic Development Practitioner who has extensive experience in large scale commercial, industrial and complex, high-profile business attraction developments requiring up to $4.5 billion in capital investment.

In 2007, Mr. Wesley was hired by Missouri Gas Energy, a subsidiary of The Laclede Group to lead all economic development activities including developing and managing relationships with 155 cities as well as local, county, state and federal economic development organizations, architects, engineers, C-suite executives and major real-estate developers.

Mr. Wesley is the Founder of Novel City Chamber of Innovation which is a non-profit economic & business development organization focused on building entrepreneurial capacity and innovation eco-systems. Wesley was also the organizer of the 2012 Novel Day Innovation Showcase in partnership with Fortune 500 companies such as Google and Cerner Corporation as well as venture capitalists, municipalities, startups, chambers of commerce, and international media groups.

Mr. Wesley has expertise in comprehensive strategic planning, social network development, market research, valuation, and business development and has set on many boards both nonprofits as well as tech companies. He holds Bachelor and Master of Arts degrees in Economics and has studied Leading Innovation and Change at Robert Kennedy College of Zurich, Switzerland.

Co-CEO/Executive Director
Term Start
Compensation Last Year
Senior Staff
Staff
Paid Full-Time Staff 0
Paid Part-Time Staff 0
Volunteers 20
Paid Contractors 12
Retention Rate 0%
Plans & Policies
Organization Has a Fundraising Plan Yes
Organization Has a Strategic Plan Yes
Management Succession Plan Under Development
Organization Policy and Procedures Yes
Nondiscrimination Policy Under Development
Whistleblower Policy No
Collaborations
Novel City  has collaborated with the following organizations and entities:
Techstars/Sprint Accelerator, ThinkBig Partners, Kaufman Foundation, GoogleFiber, T-Shirt Kings, White House Office of Science and Technology, Startup Village, Meka DeMille LLC, MECA Challenge, New York-based Student Dream, Culture Shift Labs New York, Jackson County Court Services, Life A New Preparatory Academy, Wise Heart Consulting Group, Angel Minds LLC, Partners X Change, DeMille Designs, New Life in Christ International Ministries, Kansas City Area Development Council, New Life Community Development Corporation, and ChristPusher Records and Sharon Dailey Designs and Crystal Clear Art.
Government Licenses
Is your organization licensed by the government? No
CEO Comments
Our organization is currently working to develop and adopt additional policies that will serve as risk mitigating documents.  I am excited about the opportunities that financial stability will bring and the lives that will be positively affected by the decisions made by our management team. 
Board Chair
Board Chair Josh Kimbrough
Company Affiliation Community Partners
Term Jan 2017 to Jan 2019
Email novelcitykc@gmail.com
Board Members
NameAffiliation
Wayne Albritton My Private Home Inspector
Connie Anderson Life-A-New Preparatory Academ
Allen Brown Sr.Honeywell/NNSA Kansas City Plant
Michelle Gines Marketing Director
Brian Gines Purpose Publishing
Rafael Hines Local Investment Commission (LINC)
Mr. Josh Kimbrough Community Partners
Richard Lucas Blue Cross Blue Shield
Bobbie Saulsberry Missouri Gas Energy
Bishop Keith Wesley Sr.New Life in Christ International Ministries
Lisa Wesley Life-A-New Preparatory Academy
Board Demographics - Ethnicity
African American/Black 11
Asian American/Pacific Islander 0
Caucasian 0
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 8
Female 3
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 3
Board Meeting Attendance % 40%
Written Board Selection Criteria? Under Development
Written Conflict of Interest Policy? Under Development
Percentage Making Monetary Contributions 100%
Percentage Making In-Kind Contributions 100%
Constituency Includes Client Representation Yes
Number of Full Board Meetings Annually 6
Standing Committees
Academic Affairs
Administration
Advisory Board / Advisory Council
Board Development / Board Orientation
Communications / Promotion / Publicity / Public Relations
Community Outreach / Community Relations
Marketing
CEO Comments
As the Executive Director I foresee the aforementioned committees and boards being major catalysts to community economic development in the Kansas City area.  The organization has many obstacles to overcome such as solidifying vested community partners who will sustain our innovative programs that provide an atmosphere for exponential community growth. We have in place a strategic plan to integrate our prospective partners as well as viable programs targeted at assisting our community stakeholders. 
Financials
Fiscal Year Start Jan 01, 2017
Fiscal Year End Dec 31, 2017
Projected Revenue $96,574
Projected Expenses $85,000
Foundation Comments
  • FY 2016: Financial data reported using the organization's internal financials.
Detailed Financials
 
Expense Allocation
Fiscal Year201620152014
Program Expense$27,072----
Administration Expense$1,523----
Fundraising Expense$0----
Payments to Affiliates$0----
Total Revenue/Total Expenses1.02----
Program Expense/Total Expenses95%----
Fundraising Expense/Contributed Revenue0%----
Assets and Liabilities
Fiscal Year201620152014
Total Assets$1,500----
Current Assets$1,500----
Long-Term Liabilities$0----
Current Liabilities$2,474----
Total Net Assets($974)----
Short-Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities0.61----
Long-Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets0%----
Top Funding Sources
Fiscal Year201620152014
Top Funding Source & Dollar AmountAnonymous $10,000----
Second Highest Funding Source & Dollar AmountAnonymous $2,500----
Third Highest Funding Source & Dollar AmountAnonymous $1,500----
Capital Campaign
Currently in a Capital Campaign? No
Organization Comments
Our organization has faced our financial challenges head on.  We will continue to seek opportunities to raise funds in an innovative way that will not only serve to develop and sustain the programs but also to cover all operating expenses.  We have developed a strategic plan to attract major donors and financial partners.  We have also been consulted and are continuing to be consulted on how to partner with city, county, state and federal entities to take advantage of government grants and tax-credit incentives.

Revenue Opportunities

· Local and Federal Grants

· Charitable donors

· Fiscal Sponsorship opportunities

· Membership Dues/Levels

 

  • Elite- $50,000
  • Platinum- $20,000
  • Gold- $15,000
  • Silver- $10,000
  • Bronze- $5,000
  • Supporting- $1000-$4,999
  • Community Partners- $100-$999

 

Sponsorships- Event, Campaign, Publication Sponsorship Opportunities Events- Monthly, Quarterly and Annual Events Publications- Novel Street Journal, anthologies, magazines & newsletters Advertisements- Sales through Novel City Media Platforms (web, social, video, email)  
Organization Name Novel City Chamber of Innovation
Address 4421 Prospect Avenue
Kansas City, MO 64130
Primary Phone (816) 6781389
Contact Email novelcitykc@gmail.com
CEO/Executive Director Phillippe Jabbar Wesley Sr.
Board Chair Josh Kimbrough
Board Chair Company Affiliation Community Partners
Year of Incorporation 2007
Former Names
Good Money Foundation
United Races of America