NonprofitsBlack Wall Street Avl

Community Improvement & Capacity Building

Black Wall Street Avl

ASHEVILLE, NC

Total revenue

$362K

Total expenses

$327K

Net assets

$48K

Grants received

$205K

9 grants

EIN

871330821

Tax year

2023

Mission

Black wall street avl is a black business incubator with the mission to start, grow, and scale black businesses by providing education, resources, and support to bipoc owned businesses and new entrepreneurs.

Financials

FY 2023

Revenue

Contributions & grants$350K
Program service revenue$12K
Investment income
Other revenue
Total revenue$362K

Expenses

Grants paid$2K
Salaries & benefits$144K
Fundraising
Other expenses$182K
Total expenses$327K
Total assets$55K
Net assets$48K

People

5 listed

NameRoleCompensation

JOSEPH HACKETT

BOARD CHAIR

Board

STEPHANIE LEE

BOARD MEMBER

Board

DR MASICA JORDAN

TREASURER

Board

CARLTON DUGGER

BOARD MEMBER

Board

KRISTEN ALLEN

SECRETARY

Board

Grants received

Showing 9 of 9

FromAmountPurposeYear
$50K
GENERAL OPERATING
2023
$45K
BUILDING COMMUNITY & ECONOMIC VITALITY
2023
$10K
CHARITABLE GIFT
2023
$10K
Operating Support for 13 local non-profit organizations
2023
$25K
BUILDING COMMUNITY & ECONOMIC VITALITY
2022
$25K
GENERAL OPERATING
2022
$25K
JUSTICE, EQUITY, & INCLUSION
2022
$5K
ENGAGE GRANTS
2021

Funded by

$205K from 7 funders · 9 grants · 2021–2023

Truist Foundation Inc

$75K · 2 grants · 2022–2023

The Community Foundation

$70K · 2 grants · 2022–2023

Duke Energy Foundation

$25K · 1 grant · 2022

Foundation For The Carolinas

$10K · 1 grant · 2023

Nc Idea

$5K · 1 grant · 2021

Details

EIN871330821
NTEE codeS31
Subsection03
Ruling date2022-02
Formed2021
Employees0
BLACK WALL STREET AVL — Mission, Financials & Grants Received | Grantivo