Gbdc Entrepreneurship Institute Inc is located in Boynton Beach, FL. The organization was established in 2014. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gbdc Entrepreneurship Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Gbdc Entrepreneurship Institute Inc generated $125.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $143.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
0
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Annette Gray President Founder | 45 | $10,900 | |
| Alterraon Al Phillips ESQ Board Chair | 5 | $0 | |
| Stephie Rockwell Secretary | 15 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 | 
| Total Program Service Revenue | $25,000 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $125,000 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $9,875 | 
| Professional fees and other payments to independent contractors | $51,473 | 
| Occupancy, rent, utilities, and maintenance | $5,836 | 
| Printing, publications, postage, and shipping | $1,200 | 
| Other expenses | $75,000 | 
| Total expenses | $143,384 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,819 | 
| Other assets | $0 | 
| Total assets | $84,819 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $84,819 |