Nonprofits›City Startup Labs Inc

Youth Development

City Startup Labs Inc

CHARLOTTE, NC

Website

Total revenue

$686K

Total expenses

$813K

Net assets

$188K

Grants received

$494K

16 grants

EIN

455028985

Tax year

2024

Mission

To provide an academy of instruction, training, mentoring and coaching to prepare young persons or color and the formerly incarcerated to become viable entrepreneurs, thereby contributing to not only themselves, but their families, communities and the country in a fundamentally positive way.

Financials

FY 2024

Revenue

Contributions & grants$527K
Program service revenue$159K
Investment income—
Other revenue—
Total revenue$686K

Expenses

Grants paid—
Salaries & benefits$88K
Fundraising$44K
Other expenses$725K
Total expenses$813K
Total assets$489K
Net assets$188K

People

9 listed

NameRoleCompensation

HENRY ROCK

EXECUTIVE DIRECTOR

Board

$82K

40 hrs/wk

NIA ROCK

CO-CHAIR

Board

—

5 hrs/wk

CRAIG DANFORTH

TREASURER

Board

—

5 hrs/wk

ISSA HALL

SECRETARY

Board

—

5 hrs/wk

BRIAN LYGHT

CO-CHAIR

Board

—

5 hrs/wk

JOEL FORD

DIRECTOR

Board

—

0.5 hrs/wk

ROBYN MASSEY

DIRECTOR

Board

—

0.5 hrs/wk

SONDRA HINES YATES

DIRECTOR

Board

—

0.5 hrs/wk

E ALAN CRAWFORD

DIRECTOR

Board

—

0.5 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
ALLY CHARITABLE FOUNDATION
$25K
TRUST-BASED PHILANTHROPY - WORKFORCE DEVELOPMENT
2024
TRUIST FOUNDATION INC
$50K
GENERAL OPERATING
2023
ALLY CHARITABLE FOUNDATION
$50K
REENTRY ENTREPRENEURSHIP PROGRAM (REEP)
2023
The Bank of America Charitable Foundation Inc
$50K
PROGRAM/OPERATING SUPPORT
2022
ALLY CHARITABLE FOUNDATION
$50K
ReEntry Entrepreneurship Program (REEP)
2022
LOCAL INITIATIVES SUPPORT CORPORATION
$45K
SEE PART IV
2022
DUKE ENERGY FOUNDATION
$10K
VIBRANT ECONOMIES
2022
NC IDEA
$5K
ENGAGE GRANTS
2022
The Bank of America Charitable Foundation Inc
$50K
OPERATIONAL SUPPORT
2021
ALLY CHARITABLE FOUNDATION
$25K
The Reep Business in a Box
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$19K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$19K
For grant recipient's exempt purposes
2021
ROCKEFELLER PHILANTHROPY ADVISORS INC
$19K
GENERAL
2021
NC IDEA
$50K
ECOSYSTEM GRANTS
2020
FOUNDATION FOR THE CAROLINAS
$25K
CHARITABLE GIFT
2020
The Cynthia & George Mitchell Foundation
$3K
To provide an academy of instruction, training, mentoring and coaching
2020

Funded by

$494K from 10 funders · 16 grants · 2020–2024

Ally Charitable Foundation

$150K · 4 grants · 2021–2024

The Bank of America Charitable Foundation Inc

$100K · 2 grants · 2021–2022

Nc Idea

$55K · 2 grants · 2020–2022

Truist Foundation Inc

$50K · 1 grant · 2023

Foundation For The Carolinas

$25K · 1 grant · 2020

Details

EIN455028985
NTEE codeO53
Subsection03
Ruling date2016-12
Formed2016
Employees1
Volunteers37
CITY STARTUP LABS INC — Mission, Financials & Grants Received | Grantivo