NonprofitsSound Business Inc

Education

Sound Business Inc

NEWTOWN, PA

Total revenue

$178K

Total expenses

$162K

Net assets

Grants received

$27K

6 grants

EIN

133719307

Tax year

2023

Mission

Sound business, inc. (sbi) is an independent, not-for-profit education services corporation that offers publicly educated new york city high school students an opportunity to prepare themselves for the pursuit of professional careers.

Financials

FY 2023

Revenue

Contributions & grants$101K
Program service revenue$77K
Investment income
Other revenue
Total revenue$178K

Expenses

Grants paid
Salaries & benefits$33K
Fundraising
Other expenses$83K
Total expenses$162K
Total assets$4K
Net assets

People

10 listed

NameRoleCompensation

CHARLES THOMPSON

DIRECTOR OF ADVANCEMENT

Board

23 hrs/wk

STEPHEN B RYCROFT

PRESIDENT

Board

1 hrs/wk

CAMERON TOTH

MEMBER

Board

1.6 hrs/wk

MWANZA LUMUMBA

MEMBER

Board

1 hrs/wk

NIA ROCK

TREASURER

Board

0.3 hrs/wk

WILFREDO DEJESUS

MEMBER

Board

1 hrs/wk

SADEEK WALKER

SECRETARY

Board

0.2 hrs/wk

BRIAN LEE

MEMBER

Board

0.7 hrs/wk

SARAI KEARSE

MEMBER

Board

0.2 hrs/wk

ALEXANDER CANATE

MEMBER

Board

0

Grants received

Showing 6 of 6

FromAmountPurposeYear
$20K
SBI STRIVES TO BE AN INCUBATOR OF YOUTH EMPOWERMENT, COMMUNITY BUILDING, AND SOCIAL CHANGE BY PROVIDING TRANSFORMATIVE EDUCATIONAL EXPERIENCES.
2023
$1K
GENERAL FUND
2023
$750
MATCHING GIFT PROGRAM
2022
$3K
COMMUNITY NEEDS
2020
$2K
matching gift program
2020
$750
matching gift program
2020

Funded by

$27K from 4 funders · 6 grants · 2020–2023

Open Society Institute

$3K · 3 grants · 2020–2022

Ford Motor Company Fund

$3K · 1 grant · 2020

Arnhold Foundation Inc

$1K · 1 grant · 2023

Details

EIN133719307
NTEE codeB60I
Subsection03
Ruling date1993-07
SOUND BUSINESS INC — Mission, Financials & Grants Received | Grantivo