Nonprofits›Formation Ventures Inc
Education
Formation Ventures Inc
SAN ANTONIO, TX
Total revenue
$161K
Total expenses
$169K
Net assets
—
Grants received
$200K
1 grants
EIN
872928743
Tax year
2024
Mission
Formation Ventures accelerates economic mobility through the development of the knowledge, skills, and social capital that unlock opportunity, with a particular focus on emerging entrepreneurs and young people ages 16-26.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$160K
Investment income$1K
Other revenue—
Total revenue$161K
Expenses
Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$80
Total expenses$169K
Total assets$40K
Net assets—
People
3 listed
NameRoleCompensation
Saamra Mekuria-Grillo
CEO/Co-Founder
Board
—
10 hrs/wk
Darren Isom
Secretary
Board
—
1 hrs/wk
Gisele C Shorter
Director
Board
—
1 hrs/wk
Grants received
Showing 1 of 1
FromAmountPurposeYear
$200K
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
2023
Funded by
$200K from 1 funder · 1 grant · 2023
National Basketball Association
$200K · 1 grant · 2023
Details
EIN872928743
NTEE codeB01
Subsection03
Ruling date2022-03