Civic Intelligence

Mortar Cincinnati

990 • Fiscal year 2022 • EIN 47-2431620

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization Profilewww.wearemortar.com
340 Reading RoadCincinnati, OH 45202

(513) 888-4769

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.03x

Higher debt load relative to assets than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

43rd percentile

0.05x

Higher debt load relative to revenue than 43% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

80th percentile

32%

Higher net margin than 80% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

88th percentile

$176,008

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

78th percentile

22%

Faster asset growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

39th percentile

-0.4%

Faster revenue growth than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$4,414,085

Up $805,240 (+22%) from 2021

Net Assets

Up

$4,299,268

Up $775,709 (+22%) from 2021

Liabilities

Up

$114,817

Up $29,531 (+35%) from 2021

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin80th percentile

Revenue

Down

$2,137,813

Down $8,623 (-0.4%) from 2021

Expenses

Up

$1,464,330

Up $374,552 (+34%) from 2021

Net Income

Down

$673,483

Down $383,175 (-36%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2014: $2,681Liabilities 2014: $0Net Assets 2014: $2,6812014Assets 2015: $87,125Liabilities 2015: $02015Assets 2016: $180,015Liabilities 2016: $0Net Assets 2016: $180,0152016Assets 2017: $676,227Liabilities 2017: $0Net Assets 2017: $676,2272017Assets 2018: $992,353Liabilities 2018: $0Net Assets 2018: $992,3532018Assets 2019: $732,839Liabilities 2019: $0Net Assets 2019: $732,8392019Assets 2020: $2,389,917Liabilities 2020: $233,000Net Assets 2020: $2,156,9172020Assets 2021: $3,608,845Liabilities 2021: $85,286Net Assets 2021: $3,523,5592021Assets 2022: $4,414,085Liabilities 2022: $114,817Net Assets 2022: $4,299,2682022Assets 2023: $4,286,008Liabilities 2023: $224,890Net Assets 2023: $4,061,1182023Assets 2024: $5,717,858Liabilities 2024: $1,414,342Net Assets 2024: $4,303,5162024

Highlighted filing

2022

Assets$4,414,085
Liabilities$114,817
Net Assets$4,299,268
Open 2022 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $2,731Expenses 2014: $50Net Income 2014: $2,6812014Revenue 2015: $159,337Expenses 2015: $74,943Net Income 2015: $84,3942015Revenue 2016: $352,804Expenses 2016: $262,270Net Income 2016: $90,5342016Revenue 2017: $990,645Expenses 2017: $494,433Net Income 2017: $496,2122017Revenue 2018: $1,064,815Expenses 2018: $748,689Net Income 2018: $316,1262018Revenue 2019: $824,881Expenses 2019: $1,095,262Net Income 2019: -$270,3812019Revenue 2020: $2,305,092Expenses 2020: $886,237Net Income 2020: $1,418,8552020Revenue 2021: $2,146,436Expenses 2021: $1,089,778Net Income 2021: $1,056,6582021Revenue 2022: $2,137,813Expenses 2022: $1,464,330Net Income 2022: $673,4832022Revenue 2023: $1,352,116Expenses 2023: $1,473,518Net Income 2023: -$121,4022023Revenue 2024: $2,083,130Expenses 2024: $1,692,606Net Income 2024: $390,5242024

Highlighted filing

2022

Revenue$2,137,813
Expenses$1,464,330
Net Income$673,483
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$2,137,813
Mission and Program Overview

Mission

Our mission aims to create diverse communities by enabling historically marginalized entrepreneurs to access the resources needed to start & run successful businesses.

Our mission is to enable under-served entrepreneurs and businesses to succeed; creating opportunities to build communities through entrepreneurship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,186,492$1,812,001▼ $1,374,491
Investments Other Securities$0$1,787,893▲ $1,787,893
Accounts Receivable$22,132$290,415▲ $268,283
Pledges and Grants Receivable$234,675$0▼ $234,675
Savings and Temporary Cash Investments$114,466$219,265▲ $104,799
Land, Buildings, and Equipment, Net$0$94,630▲ $94,630
Other Notes and Loans Receivable, Net$27,120$0▼ $27,120
Investments in Publicly Traded Securities$23,960$0▼ $23,960
Prepaid Expenses and Deferred Charges$0$2,221▲ $2,221
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,608,845$4,414,085▲ $805,240
Other Assets Total$0$207,660▲ $207,660
Liabilities
Other Liabilities$0$65,223▲ $65,223
Accounts Payable and Accrued Expenses$60,286$49,594▼ $10,692
Deferred Revenue$25,000$0▼ $25,000
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$85,286$114,817▲ $29,531
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,619,127$4,020,405▲ $1,401,278
Net Assets With Donor Restrictions$904,432$278,863▼ $625,569
Total Net Assets Fund Balance$3,523,559$4,299,268▲ $775,709
Total Liabilities and Net Assets / Fund Balance$3,608,845$4,414,085▲ $805,240

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$94,630$63,539$158,169
Other Securities$1,764,042--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph Allen WoodsDirector / Executive DirectorFT$115,804$60,204$176,008
Derrick BrazielDirector-$9,900-$9,900

Board Members and Trustees

NameTitle
Kala GibsonPresident
Pranav KothariVice President - Term Ended
Ben GreenbergDirector
Dr Nita WalkerDirector
Jake SamadDirector
Kashif ShaikhDirector
Robert W McDonaldDirector
Stephanie KhuranaDirector
William ThomasDirector
Yvette R Simpson EsqMBADirector
Ashlee YoungSecretary
Shawn MannsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,617,307
Program Service Revenue
$506,447
Investment Income
$14,059
Other Revenue
$0
All Other Contributions
$1,552,307
Change in Net Assets
$673,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$688,257
Other Expenses$584,391
Grants and Similar Amounts Paid$191,682
Total Fundraising Expense$57,331
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$295,607$101,748$24,334$421,689
Grants to Domestic Individuals$185,337--$185,337
Current Officers, Directors, Trustees, and Key Employees$123,383$42,468$10,157$176,008
Fees for Services Accounting-$141,991-$141,991
All Other Expenses$55,589$38,406-$93,995
Occupancy$48,865$33,760-$82,625
Fees for Services Other$63,410--$63,410
Payroll Taxes$37,908$13,048$3,121$54,077
Fees for Services Legal-$37,905-$37,905
Other Employee Benefits$25,575$8,803$2,105$36,483
Travel$17,614-$17,614$35,228
Other Expenses$27,120$0$0$27,120
Office Expenses$4,509$3,116-$7,625
Grants to Domestic Orgs$6,345--$6,345
Advertising$5,410--$5,410
Depreciation Depletion$2,760$1,907-$4,667
Insurance-$3,445-$3,445
Total Functional Expenses$951,517$455,482$57,331$1,464,330
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Annetta's Beauty Bar and More LLCCincinnati, OH-General Needs$6,345
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$65,223
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Process of the review of form 990 the form 990 is distributed, discussed and approved at a financial committee meeting.”

Form 990, Part VI, Section B, Line 12C

“ORGANIZATION'S PRACTICE FOR MONITORING COMPLIANCE MORTAR has a written conflict of interest policy which includes annual signing of conflict of interest forms and disclosure and voting by the board on whether to waive conflict situations. Conflicts and related resolutions are reflected in the Board of Directors meeting minutes.”

Form 990, Part VI, Section B, Line 15

“COMPENSATION REVIEW PROCESS Organization salaries in total are approved by the Finance Committee and the full Board as part of the annual budget process. When the discussions of the salary for the Executive Director or other board members takes place in these sessions, the Executive Director or board member is dismissed and the group enters an Executive session.”

Filing and Contact Details

Filer

Filer Name
Mortar Cincinnati
EIN
47-2431620
In Care Of
% SHAWN MANNS
Phone
5138884769
Address
340 Reading Road, Cincinnati, OH 45202

Signing Officer

Name
Shawn Manns
Title
Treasurer
Phone
5138884769
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yvette Simpson
Formed
2014
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
12
Employees
15
Volunteers
33

Preparer

Firm
Forvis Llp
Address
312 WALNUT STREET SUITE 3000, CINCINNATI, OH 45202
Preparer
Aaron Hershberger
Phone
5136218300
Raw XML AppendixShowing 400 of 633 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt060286
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt049594
IRS990/AccountsReceivableGrp/BOYAmt022132
IRS990/AccountsReceivableGrp/EOYAmt0290415
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OUR MISSION IS TO ENABLE UNDER-SERVED ENTREPRENEURS AND BUSINESSES TO SUCCEED; CREATING OPPORTUNITIES TO BUILD COMMUNITIES THROUGH ENTREPRENEURSHIP.
IRS990/AdvertisingGrp/ProgramServicesAmt05410
IRS990/AdvertisingGrp/TotalAmt05410
IRS990/AllOtherContributionsAmt01552307
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt038406
IRS990/AllOtherExpensesGrp/ProgramServicesAmt055589
IRS990/AllOtherExpensesGrp/TotalAmt093995
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0SHAWN MANNS
IRS990/BooksInCareOfDetail/PhoneNum05138884769
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0340 READING ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0CINCINNATI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd045202
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03186492
IRS990/CashNonInterestBearingGrp/EOYAmt01812001
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt010157
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt042468
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0123383
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0176008
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01617307
IRS990/CYGrantsAndSimilarPaidAmt0191682
IRS990/CYInvestmentIncomeAmt014059
IRS990/CYOtherExpensesAmt0584391
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0506447
IRS990/CYRevenuesLessExpensesAmt0673483
IRS990/CYSalariesCompEmpBnftPaidAmt0688257
IRS990/CYTotalExpensesAmt01464330
IRS990/CYTotalFundraisingExpenseAmt057331
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02137813
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt025000
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01907
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02760
IRS990/DepreciationDepletionGrp/TotalAmt04667
IRS990/Desc0Mortar Cincinnati aims to create diverse communities by enabling historically marginalized entrepreneurs to access the resources needed to start & run successful businesses. Mortar Cincinnati's programs include: - Mortar entrepreneurship academy: a fifteen-week course designed for those who are starting or growing their businesses - Brick OTR: a constantly changing pop-up shop designed to give entrepreneurs a chance to test out their business ideas in real time - Alumni program: a program providing mentoring and relationship support with interested graduates for 18 months after completing the mortar entrepreneurship academy - Access to capital: a program providing loans and grants to ensure that the entrepreneurs served by Mortar Cincinnati have access to the capital they need to establish their businesses
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0904432
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0278863
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0951517
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0141991
IRS990/FeesForServicesAccountingGrp/TotalAmt0141991
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt037905
IRS990/FeesForServicesLegalGrp/TotalAmt037905
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt063410
IRS990/FeesForServicesOtherGrp/TotalAmt063410
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt060204
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0Joseph Allen Woods
IRS990/Form990PartVIISectionAGrp/PersonNm1Derrick Braziel
IRS990/Form990PartVIISectionAGrp/PersonNm2Kala Gibson
IRS990/Form990PartVIISectionAGrp/PersonNm3Ben Greenberg
IRS990/Form990PartVIISectionAGrp/PersonNm4Stephanie Khurana
IRS990/Form990PartVIISectionAGrp/PersonNm5PRANAV KOTHARI
IRS990/Form990PartVIISectionAGrp/PersonNm6Shawn Manns
IRS990/Form990PartVIISectionAGrp/PersonNm7Robert W McDonald
IRS990/Form990PartVIISectionAGrp/PersonNm8Jake Samad
IRS990/Form990PartVIISectionAGrp/PersonNm9Kashif Shaikh
IRS990/Form990PartVIISectionAGrp/PersonNm10Yvette R Simpson EsqMBA
IRS990/Form990PartVIISectionAGrp/PersonNm11William Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm12Dr Nita Walker
IRS990/Form990PartVIISectionAGrp/PersonNm13Ashlee Young
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0115804
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR / EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT - TERM ENDED
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt065000
IRS990/GrantAmt0191682
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0185337
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0185337
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt06345
IRS990/GrantsToDomesticOrgsGrp/TotalAmt06345
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02137813
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03445
IRS990/InsuranceGrp/TotalAmt03445
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt014059
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014059
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01787893
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt023960
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt064
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt063539
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt094630
IRS990/LandBldgEquipCostOrOtherBssAmt0158169
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OUR MISSION AIMS TO CREATE DIVERSE COMMUNITIES BY ENABLING HISTORICALLY MARGINALIZED ENTREPRENEURS TO ACCESS THE RESOURCES NEEDED TO START & RUN SUCCESSFUL BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt03523559
IRS990/NetAssetsOrFundBalancesEOYAmt04299268
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02619127
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04020405
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt033760
IRS990/OccupancyGrp/ProgramServicesAmt048865
IRS990/OccupancyGrp/TotalAmt082625
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03116
IRS990/OfficeExpensesGrp/ProgramServicesAmt04509
IRS990/OfficeExpensesGrp/TotalAmt07625
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0207660
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02105
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08803
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025575
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036483
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc2TRAINING AND EDUCATION
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06777
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122108
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt09809
IRS990/OtherExpensesGrp/ProgramServicesAmt133162
IRS990/OtherExpensesGrp/ProgramServicesAmt29114
IRS990/OtherExpensesGrp/ProgramServicesAmt327120
IRS990/OtherExpensesGrp/TotalAmt016586
IRS990/OtherExpensesGrp/TotalAmt155270
IRS990/OtherExpensesGrp/TotalAmt29114
IRS990/OtherExpensesGrp/TotalAmt327120
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt065223
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt024334
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0101748
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0295607
IRS990/OtherSalariesAndWagesGrp/TotalAmt0421689
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt027120
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03121
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013048
IRS990/PayrollTaxesGrp/ProgramServicesAmt037908
IRS990/PayrollTaxesGrp/TotalAmt054077
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0234675
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02221
IRS990/PrincipalOfficerNm0YVETTE SIMPSON
IRS990/PriorPeriodAdjustmentsAmt0102226
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0CURRICULUM LICENSING FEES
IRS990/ProgramServiceRevenueGrp/Desc1ACADEMY, ALUMNI AND DESIGN FEES
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIP REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0417500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt171775
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0417500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt171775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32172
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01715673
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0108824
IRS990/PYInvestmentIncomeAmt04277
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0403268
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0426486
IRS990/PYRevenuesLessExpensesAmt01056658
IRS990/PYSalariesCompEmpBnftPaidAmt0577686
IRS990/PYTotalExpensesAmt01089778
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02146436
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0673483
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,414,085
Liabilities
$114,817
Net assets
$4,299,268
Revenue
$2,137,813
Expenses
$1,464,330
Net income
$673,483
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.72$1.41$4.30$2.08$1.69$0.39
2023Detailed filing. Detailed filing data is available for this year.$4.29$0.22$4.06$1.35$1.47$0.12
2022Detailed filing. Detailed filing data is available for this year.$4.41$0.11$4.30$2.14$1.46$0.67
2021Detailed filing. Detailed filing data is available for this year.$3.61$0.09$3.52$2.15$1.09$1.06
2020Detailed filing. Detailed filing data is available for this year.$2.39$0.23$2.16$2.31$0.89$1.42
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.82$1.10$0.27
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$1.06$0.75$0.32
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.99$0.49$0.50
2016Summary only. Only limited summary data is available for this year.$0.18$0.00$0.18$0.35$0.26$0.09
2015Summary only. Only limited summary data is available for this year.$0.09$0.00$0.16$0.07$0.08
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00