NonprofitsAb Community

Community Improvement & Capacity Building

Ab Community

DURHAM, NC

Total revenue

$407K

Total expenses

$376K

Net assets

Grants received

$125K

6 grants

EIN

831354743

Tax year

2023

Mission

Design and Facilitate instruction to educate community stakeholders ( residents and business owners) on community asset creation and asset protection.

Programs

2 programs

The City of Durhams ARPA-funded program has made significant strides in advancing STEM education for middle and high school students, with a strong emphasis innovation. Supported by Duke Universitys School of Engineering, the initiative has provided students with hands-on learning experiences and access to cutting edge resources, fostering a new generation of innovators. Additionally, the programs successful launch of Techstars Startup Weekends has built a vibrant community around entrepreneurship, encouraging the development of innovative ideas and providing a platform for young entrepreneurs to collaborate and grow.

Expenses: $173K

Knox St. Studios, as a subrecipient of the SBA Community Navigator Program grant, played a crucial role in marketing outreach. This collaboration aims to foster a diverse, equitable, and innovative entrepreneurial ecosystem in Durham by uniting various organizations and grassroot leaders. The project leverages longstanding support from the City of Durham and Durham County, combined with Forward Cities national capacity-building expertise, to create a robust model for connecting the local economy.

0

Financials

FY 2023

Revenue

Contributions & grants$135K
Program service revenue$272K
Investment income
Other revenue
Total revenue$407K

Expenses

Grants paid
Salaries & benefits$81K
Fundraising
Other expenses$295K
Total expenses$376K
Total assets$64K
Net assets

People

7 listed

NameRoleCompensation

Talib Graves-Manns

Executive Director

Board

$87K

40 hrs/wk

Lee Gray

Associate Director

Board

$55K

40 hrs/wk

Richard Brown

Director of Tech

Board

$46K

40 hrs/wk

Chaucer Barnes

Board Member

Board

0.25 hrs/wk

John Verdejo

Board Member

Board

0.25 hrs/wk

Dr Shani Daily

Board Member

Board

0.25 hrs/wk

Dr Margaret Brunson

Board Member

Board

0.25 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$25K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$19K
COMMUNITY NAVIGATOR SPOKE
2023
$25K
COMMUNITY NAVIGATOR SPOKE
2022
$10K
Entrepreneurship programs
2021
$40K
General Operating Support
2020

Funded by

$125K from 3 funders · 6 grants · 2020–2024

Community Foundation Boulder County

$50K · 2 grants · 2020–2021

Forward Cities Inc

$50K · 3 grants · 2022–2024

Tides Foundation

$25K · 1 grant · 2023

Details

EIN831354743
NTEE codeS43
Subsection03
Ruling date2022-09
Formed2018
Employees0
Volunteers0
AB COMMUNITY — Mission, Financials & Grants Received | Grantivo