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Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$3.1M
Total Contributions
$3.1M
Total Expenses
▼$1.2M
Total Assets
$2.3M
Total Liabilities
▼$22.2K
Net Assets
$2.2M
Officer Compensation
→$0
Other Salaries
$460.5K
Investment Income
▼$3,709
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$5.4M
Awards Found
7
Department of Commerce
$2.9M
THE MBDA CAPITAL READINESS PROGRAM (PROGRAM) IS DESIGNED TO HELP CLOSE THE ENTREPRENEURSHIP GAP BETWEEN SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS (SEDI) AND NON-SEDI. THE RECIPIENTS ARE WERE SELECTED TO: (1) HELP SEDI ENTREPRENEURS BUILD CAPACITY; (2) ATTRACT AND PROVIDE ACCESS TO CAPITAL OPPORTUNITIES; AND (3) ATTRACT AND PROVIDE ACCESS TO NETWORKS. THE PROPOSED ACTIVITIES MAY RESEMBLE THE SERVICE MODELS OF INCUBATORS (FOCUSING ON EARLY-STAGE TECHNICAL ASSISTANCE FOR NEW ENTREPRENEURS) OR ACCELERATORS (PROVIDING EMERGING-STAGE TECHNICAL ASSISTANCE TO BUSINESSES READY TO EXPAND OR SCALE), OR PROVIDE A COMBINATION OF BOTH SERVICE MODELS.
Small Business Administration
$2M
LOUISIANA CHAMBER OF COMMERCE FOUNDATION, INC - FY23 CONGRESSIONAL COMMUNITY PROJECT FUNDING
Department of Commerce
$416K
THIS EDA INVESTMENT SUPPORTS THE LOUISIANA CHAMBER OF COMMERCE FOUNDATION WITH ESTABLISHING A BUSINESS INNOVATION CENTER (BIC) IN LAKE CHARLES, LOUISIANA. THE BIC WILL PROVIDE ENTREPRENEURS WITH A VARIETY OF HIGH-QUALITY TECHNICAL SUPPORT AND TRAINING OPPORTUNITIES AND AN EMPOWERING NETWORK OF POTENTIAL COLLABORATORS-YIELDING INNOVATIVE BUSINESS SOLUTIONS, ECONOMIC GROWTH AND RESILIENCE, AND AN INCREASE IN EMPLOYMENT ACROSS THE REGION. ONCE COMPLETED, THE PROJECT WILL HELP CREATE IN-DEMAND JOBS IN THE REGION, WHICH WILL ASSIST LOCAL BUSINESS EXPANSIONS AND RECRUITMENT OF NEW BUSINESSES TO THE COMMUNITY.
Department of Agriculture
$58.8K
RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT
Department of Agriculture
$50K
RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT
Department of Agriculture
$49.6K
RBDG RURAL BUSINESS COOP OPPORTUNITY GRANT
Department of Agriculture
$0
RBDG RURAL BUSINESS COOP OPPORTUNITY GRANT
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
1
Clean Audits
0
Material Weakness
Yes
Noncompliance Issues
Yes
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Material Weakness | Unmodified (Clean) | $1.9M | No | 2026-03-27 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.9M
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
990-N (e-Postcard) Filing History
This organization files simplified Form 990-N (annual gross receipts ≤ $50,000).
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $3.1M | $3.1M | $1.2M | $2.3M | $2.2M |
| 2022 | $829.2K | $822.4K | $667.2K | $392.3K | $391.8K |
| 2021 | $391.6K | $60.8K | $328K | $235.3K | $229.8K |
| 2020 | $265.1K | $84.7K | $96.6K | $191.1K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| $191.1K |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |