Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Innovation Center for Urban Entrepreneurship
EIN 83-3908354 • 501(c)3 • Houston, TX
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.79x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Asset Growth
28th percentile
Faster asset growth than 28% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$28,149
Down $10,389 (-27%) from 2023
Liabilities
Down$22,261
Down $15,000 (-40%) from 2023
Net Assets
Up$5,888
Up $4,611 (+361%) from 2023
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$10,389
Down $83,855 (-89%) from 2023
Net Income
-
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $28,149
- Liabilities
- $22,261
- Net assets
- $5,888
- Revenue
- -
- Expenses
- $10,389
- Net income
- -
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.28 | $0.22 | $0.06 | $0.10 | ||
| 2023Detailed filing. Detailed filing data is available for this year. | $0.39 | $0.37 | $0.01 | $1.05 | $0.94 | $0.11 |
| 2019Summary only. Only limited summary data is available for this year. | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Mar 14, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $0
Mission and Program Overview
Mission
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SEE SCHEDULE O | - | $18,000 |
| SEE SCHEDULE O | - | $1,500 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| HEATH BUTLER | Chairman | PT | $0 | - | - |
| DANIELLE VAPPIE | Director | - | $0 | - | - |
| DON ROUZAN | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Innovation Center for Urban Entrepreneurship
- EIN
- 83-3908354
- In Care Of
- % HEATH BUTLER
- Phone
- 2812175802
- Address
- 4201 MAIN STREET SUITE L13, HOUSTON, TX 77002
Signing Officer
- Name
- Heath Butler
- Title
- Chairman
- Phone
- 2812175802
- Signed
- 2025-03-14
- Discuss with paid preparer
- No
Preparer
- Firm
- Polaxis Tax
- Address
- 955 John Carpenter Suite 100-904, Irving, TX 75062
- Preparer
- Rosco Graves
- Phone
- 8327074448
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description amountprogram expenses 9,000accounting services 300bank fees 83software fees & apps 256other business expenses 750”
Other changes in net assets or fund balances Part I line 20
“Description amountucn debt reduction 15,000”
Description of total liabilities Part II line 26
“Category beginning of year end of yearnotes payable-urban capital 37,261 22,261”
Part I response or note to any other line in Part I
“Form 990-ez, part 111 - organizations primary exempt purposethe innovation center for urban entrepreneurships mission is to educate,empower and enable an entrepreneurial ecosystem for urban and underserviced communities globally.form 990-ez, part 111, line 28 - statement of program service accomplishmentstrained and educated 900 new prospective investors on our core programming of teaching individuals how to use alternative investments to build wealth for their family.form 990 - ez, part 111, line 29 - statement of program service accomplishmentstrained and educated 650 entrepreneurs on how to start a start up training program.”
Raw XML Appendix125 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | HEATH BUTLER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2812175802 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4201 MAIN STREETSUITE L13 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HOUSTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77002 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 38538 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 28149 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10389 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 38538 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 28149 |
| IRS990EZ/GrossReceiptsAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1277 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 5888 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1277 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 5888 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | HEATH BUTLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DANIELLE VAPPIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DON ROUZAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 15000 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10389 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 18000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 1500 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 37261 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 22261 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 10389 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 19500 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ICUEUSA.ORG |
| IRS990ScheduleA/CommunityTrustInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 105005 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 105005 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 105005 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 105005 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 105005 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 105005 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION AMOUNTPROGRAM EXPENSES 9,000ACCOUNTING SERVICES 300BANK FEES 83SOFTWARE FEES & APPS 256OTHER BUSINESS EXPENSES 750 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTUCN DEBT REDUCTION 15,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARNOTES PAYABLE-URBAN CAPITAL 37,261 22,261 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990-EZ, PART 111 - ORGANIZATIONS PRIMARY EXEMPT PURPOSETHE INNOVATION CENTER FOR URBAN ENTREPRENEURSHIPS MISSION IS TO EDUCATE,EMPOWER AND ENABLE AN ENTREPRENEURIAL ECOSYSTEM FOR URBAN AND UNDERSERVICED COMMUNITIES GLOBALLY.FORM 990-EZ, PART 111, LINE 28 - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSTRAINED AND EDUCATED 900 NEW PROSPECTIVE INVESTORS ON OUR CORE PROGRAMMING OF TEACHING INDIVIDUALS HOW TO USE ALTERNATIVE INVESTMENTS TO BUILD WEALTH FOR THEIR FAMILY.FORM 990 - EZ, PART 111, LINE 29 - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSTRAINED AND EDUCATED 650 ENTREPRENEURS ON HOW TO START A START UP TRAINING PROGRAM. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part I response or note to any other line in Part I |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HEATH BUTLER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2812175802 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-03-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INNOVATION CENTER FOR URBAN ENTREPRENEURSHIP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INNO |
| ReturnHeader/Filer/EIN | 0 | 833908354 |
| ReturnHeader/Filer/InCareOfNm | 0 | % HEATH BUTLER |
| ReturnHeader/Filer/PhoneNum | 0 | 2812175802 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4201 MAIN STREET SUITE L13 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77002 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 931655124 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Polaxis Tax |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 955 John Carpenter Suite 100-904 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Irving |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75062 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8327074448 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROSCO GRAVES |
| ReturnHeader/ReturnTs | 0 | 2025-10-30T11:05:58-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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