Human Services
Genesis Block Foundation Inc
WILMINGTON, NC
Total revenue
$281K
Total expenses
$151K
Net assets
$150K
Grants received
$456K
7 grants
EIN
852618849
Tax year
2024
Mission
Genesis Block Foundation advances entrepreneurship in underrepressented communities by reducing barriers to acces in support of equity in entrepreneurship.
Programs
2 programs
Block Academy in collaboration with Cape Fear Community College builds pipelines of diverse and qualified minority owned businesses to support the Cape Fear Region and beyond. Block Academy also provides entpreneurial training services to these companies through the Jumpstart Academy and Wits Begin programs. In 2024 90% of the founders that participated in Jumpstart Academy were referred from CFCC Small Business Center as part of the collaboration. Over 80% of the founders that particpated in the Wits Begin Incubator were referred from same. We graduated (2) cohorts of 7 companies for Jumpstart Academy and (1) Cohort of 8 Wits begin companies. We also participated in business expansion of (8) companies through our accelerator program.
The vocation to entrepreneurship (V2E) program advances entrepreneurship access for students and graduates of vocational training programs. Vocational school porgram graduates receive active support to convert their training either by career ladders to become middle-level employees or to pursue self-employment. Developed technical and virtual program, developed workforce placement program.
Financials
FY 2024
Revenue
Expenses
People
10 listed
Tracey Newkirk
Executive Director
$58K
30 hrs/wk
Amy Sullivan
Board Chair
—
5 hrs/wk
Khaliah Olokunola
Vice Chair
—
5 hrs/wk
Tufana Bradley
Secretary
—
5 hrs/wk
Shamonique Brantley
Treasurer
—
5 hrs/wk
Girard Newkirk
Board Member
—
5 hrs/wk
Ned Marable
Board Member
—
5 hrs/wk
Terry Espy
Board Member
—
5 hrs/wk
Jerry Coleman
Board Member
—
5 hrs/wk
April Scott
Board Member
—
5 hrs/wk
Grants received
Showing 7 of 7
Funded by
$456K from 6 funders · 7 grants · 2020–2024
$226K · 2 grants · 2022–2024
$125K · 1 grant · 2023
$75K · 1 grant · 2020
$15K · 1 grant · 2021
$8K · 1 grant · 2024
$8K · 1 grant · 2023