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Nonprofits›Economic Growth Business Incubator

Education

Economic Growth Business Incubator

AUSTIN, TX

Total revenue

$406K

Total expenses

$585K

Net assets

$279K

Grants received

$496K

15 grants

EIN

900128899

Tax year

2024

Mission

Egbi provides training, coaching, and support to aspiring and existing business owners who face barriers to growing a successful business.

Programs

2 programs

Incubator - egbi provides an incubation setting to individuals who are starting or growing their businesses.

Expenses: $20K

Back office services - egbi provides bookkeeping services to help educate clients on their businesss financial position.

Expenses: $113K

Financials

FY 2024

Revenue

Contributions & grants$294K

Program service revenue$123K

Investment income$5K

Other revenue—

Total revenue$406K

Expenses

Grants paid—

Salaries & benefits$479K

Fundraising$17K

Other expenses$106K

Total expenses$585K

Total assets$290K

Net assets$279K

People

11 listed

NameRoleCompensation

LARISSA DAVILA

EXECUTIVE DIRECTOR

Board

$91K

40 hrs/wk

EDUARDO MIRAMONTES

TREASURER

Board

—

1 hrs/wk

MICHAEL CUMMINGS

SECRETARY

Board

—

1 hrs/wk

MIKE LANCASTER

IMMEDIATE PAST BOARD CHAIR

Board

—

1 hrs/wk

DANIEL BENNET

BOARD MEMBER

Board

—

1 hrs/wk

ELSA REYES

BOARD CHAIR

Board

—

1 hrs/wk

LAURA RAMOS JAMES

BOARD MEMBER

Board

—

1 hrs/wk

ROBERT SHIPMAN

BOARD MEMBER

Board

—

1 hrs/wk

EDWIN TREVINO

BOARD MEMBER

Board

—

1 hrs/wk

YOLANDA DAVILA

BOARD MEMBER

Board

—

1 hrs/wk

LUIS DELGADO

BOARD MEMBER

Board

—

1 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear

The Winston-Salem Foundation

$100K

1 grant(s) for varying purposes

2024

Human-I-T

$42K

Provide digital navigation for the low-income

2024

Texas Capital Foundation

$25K

Grants support EGBI whch will facilitate at least 12 business workshop series to help small business owners convert their business ideas into profitable and sustainable businesses which are an asset to the community. The areas of focus include business plan creation bookkeeping and financial acumen for optimized profitability and strategies for improved sales and marketing.

2024

AUSTIN COMMUNITY FOUNDATION INC

$36K

ECONOMIC GROWTH BUSINESS INCUBATOR (EGBI) 2023 HISPANIC IMPACT FUND AWARD

2023

Texas Capital Foundation

$20K

Texas Capital Bank Foundation grant supports aspiring and existing business owners to start or grow a business. EGBI's program supports clients to set up and manage their business finances; produce and interpret timely and accurate financial reports; and access business financing using paper a spreadsheet or using accounting software such as WAVE or QuickBooks Online. In addition clients can contract with EGBI to be their first monthly bookkeeper using QuickBooks Online or to fix accounting problems.

2023

SOOCH FOUNDATION

$25K

TO SUPPORT ORGANIZATION'S PURPOSE

2022

AUSTIN COMMUNITY FOUNDATION INC

$11K

2022 EVENT DONATION

2022

LONESTAR FOUNDATION

$2K

DONATION