NonprofitsThe Tulsa Initiative Inc

Human Services

The Tulsa Initiative Inc

FAYETTEVILLE, NC

Total revenue

$196K

Total expenses

$193K

Net assets

$54K

Grants received

$30K

9 grants

EIN

843179013

Tax year

2024

Mission

Our Mission is to introduce Black, Indigenous, and people of color (BIPOC) to entrepreneurship, mentorship, and education to unite and invest in themselves and their communities. The Tulsa Initiative, Inc purpose is to inspire BIPOC entrepreneurs to utilize entrepreneurship, mentorship, and education to create capital to enhance their lives and the community in which they serve. Equity: We believe in creating a level playing field where everyone has the opportunity to succeed. Community: We prioritize collaboration and support within our community to drive positive change. Empowerment: We empower individuals to take control of their destinies and make a difference in their lives and communities.

Financials

FY 2024

Revenue

Contributions & grants$181K
Program service revenue$15K
Investment income$615
Other revenue
Total revenue$196K

Expenses

Grants paid
Salaries & benefits$35K
Fundraising
Other expenses$109K
Total expenses$193K
Total assets$56K
Net assets$54K

People

10 listed

NameRoleCompensation

{"_":"Qu'Derrick Covington","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Founder/Executive Director

Board

35 hrs/wk

{"_":"Manuel C Fleming II","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Co-Founder / Chief Operating Officer

Board

25 hrs/wk

{"_":"Ocie Stroud-Melvin","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Chief Administrator Officer

Board

25 hrs/wk

{"_":"Brandon Warren","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Vice Chair / Secretary

Board

0

{"_":"Damien Conners","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Chair

Board

0

{"_":"Cornell Lynch","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Member

Board

0

{"_":"Christopher Bostock","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Member

Board

0

{"_":"Malayna Hasmanis","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Member

Board

0

{"_":"Toni King","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Member

Board

0

{"_":"Quincy Malloy","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Member

Board

0

Grants received

Showing 9 of 9

FromAmountPurposeYear
$13K
PROGRAM/OPERATING SUPPORT
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$7K
MATCHING GIFT PROGRAM
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$600
matching gift program
2020
$300
YOUTH PROGRAM
2020

Funded by

$30K from 4 funders · 9 grants · 2020–2024

The Bank of America Charitable Foundation Inc

$16K · 5 grants · 2021–2023

Open Society Institute

$7K · 2 grants · 2020–2022

Ross Stores Foundation

$300 · 1 grant · 2020

Details

EIN843179013
NTEE codeP20
Subsection03
Ruling date2019-11
THE TULSA INITIATIVE INC — Mission, Financials & Grants Received | Grantivo