Loading organization details...
Loading organization details...
TO CONNECT BIPOC ENTREPRENEURS IN TWIN CITIES NEIGHBORHOODS WITH THE FINANCIAL AND SOCIAL CAPITAL THEY NEED TO GROW AND SUSTAIN THEIR BUSINESSES BY ACTIVATING UNTAPPED INDIVIDUAL WEALTH, ULTIMATELY WORKING TO ELIMINATE THE RACIAL WEALTH GAP IN OUR LOCAL ECOSYSTEM.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$783.5K
Program Spending
87%
of total expenses go to program services
Total Contributions
$628.5K
Total Expenses
▼$1M
Total Assets
$1.1M
Total Liabilities
▼$43.6K
Net Assets
$1M
Officer Compensation
→$254.7K
Other Salaries
$21.3K
Investment Income
$0
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $783.5K | $628.5K | $1M | $1.1M | $1M |
| 2023 | $949.7K | $535.5K | $373.7K | $1.3M | $1.3M |
| 2022 | $696.3K | $696.3K | $833.3K | $504.8K | $501.5K |
| 2021 | $763.9K | $763.9K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Alicia R Phillips | Executive Di | 40 | $172.2K | $0 | $82.5K | $254.7K |
| Tj Ticey | Chair | 2 | $0 | $0 | $0 | $0 |
| Susan F Shank Cfa | Treasurer | 2 | $0 | $0 | $0 | $0 |
| Alex Dashe | Secretary | 2 | $0 | $0 | $0 | $0 |
Alicia R Phillips
Executive Di
$254.7K
Hrs/Wk
40
Compensation
$172.2K
Related Orgs
$0
Other
$82.5K
Tj Ticey
Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Susan F Shank Cfa
Treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Alex Dashe
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $301.3K |
| $641.8K |
| $638.6K |
| 2020 | $103.8K | $103.8K | $4,777 | $176K | $176K |
| 2019 | $0 | $0 | $3,292 | $77K | $77K |
| 2018 | $0 | $0 | $10.2K | $262.4K | $262.4K |
| 2017 | $410.5K | $410.5K | $240.4K | $272.8K | $272.6K |
| 2016 | $175.5K | $175.5K | $111.8K | $102.9K | $102.5K |
| 2015 | $5,000 | $5,000 | $500.9K | $38.8K | $38.7K |
| 2014 | $580K | $580K | $45.4K | $535.1K | $534.6K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |