NonprofitsAdvancing Black Entrepreneurship Inc

Civil Rights

Advancing Black Entrepreneurship Inc

LITTLE ROCK, AR

Total revenue

$462K

Total expenses

$439K

Net assets

$24K

Grants received

$84K

5 grants

EIN

854229701

Tax year

2024

Mission

Build supportive ecosystem for black-owned business to help them be successful by providing information and coaching

Financials

FY 2024

Revenue

Contributions & grants$462K
Program service revenue
Investment income$10
Other revenue
Total revenue$462K

Expenses

Grants paid
Salaries & benefits$11K
Fundraising
Other expenses$428K
Total expenses$439K
Total assets$24K
Net assets$24K

People

4 listed

NameRoleCompensation

BENITO BENEDICTO LUBAZIBWA

EXECUTIVE DIRECTOR

Board

$7K

40 hrs/wk

JAY A YOUNG

CHAIRPERSON

Board

1 hrs/wk

BRUCE JAMES

SECRETARY

Board

1 hrs/wk

RICKEY HICKS

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$30K
TO SUPPORT THE EXECUTION OF THE IMANI FUND AT FORGE TO PROVIDE FREE PRE- AND POST LOAN TECHNICAL ASSISTANCE, MENTORSHIP, AND CULTURALLY COMPETENT PROGRAMS AND SERVICES TO BLACK ENTREPRENEURS
2023
$9K
TO SUPPORT THE EXECUTION OF THE IMANI FUND AT FORGE TO PROVIDE FREE PRE- AND POST LOAN TECHNICAL ASSISTANCE, MENTORSHIP, AND CULTURALLY COMPETENT PROGRAMS AND SERVICES TO BLACK ENTREPRENEURS
2023
$8K
TO SUPPORT THE EXECUTION OF THE IMANI FUND AT FORGE TO PROVIDE FREE PRE- AND POST LOAN TECHNICAL ASSISTANCE, MENTORSHIP, AND CULTURALLY COMPETENT PROGRAMS AND SERVICES TO BLACK ENTREPRENEURS
2023
$20K
GENERAL OPERATING SUPPORT FOR THE ROCK IT! LAB PROGRAM
2022
$17K
FOR SUPPLIES/EQUIPMENT FOR THE MAKER SPACE AT THE ROCK IT! LAB
2020

Funded by

$84K from 1 funder · 5 grants · 2020–2023

Arkansas Community Foundation Inc

$84K · 5 grants · 2020–2023

Details

EIN854229701
NTEE codeR02
Subsection03
Ruling date2021-03
Formed2021
Employees2
Volunteers4
ADVANCING BLACK ENTREPRENEURSHIP INC — Mission, Financials & Grants Received | Grantivo