Mortar Cincinnati
- Assets
- $4.4m
- Revenue
- $2.1m
- Investments
- $1.8m
- Employees
- 15
- Location
- Cincinnati, OH
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 47-2431620
Organization Overview
Mortar Cincinnati is located in Cincinnati, OH. The organization was established in 2014. According to its NTEE Classification (J19) the organization is classified as: Support N.E.C., under the broad grouping of Employment and related organizations. As of 12/2022, Mortar Cincinnati employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mortar Cincinnati 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 12/2022, Mortar Cincinnati generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 19.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO ENABLE UNDER-SERVED ENTREPRENEURS AND BUSINESSES TO SUCCEED; CREATING OPPORTUNITIES TO BUILD COMMUNITIES THROUGH ENTREPRENEURSHIP.
Describe the Organization's Program Activity:
MORTAR CINCINNATI AIMS TO CREATE DIVERSE COMMUNITIES BY ENABLING HISTORICALLY MARGINALIZED ENTREPRENEURS TO ACCESS THE RESOURCES NEEDED TO START & RUN SUCCESSFUL BUSINESSES. MORTAR CINCINNATI'S PROGRAMS INCLUDE: - MORTAR ENTREPRENEURSHIP ACADEMY: A FIFTEEN-WEEK COURSE DESIGNED FOR THOSE WHO ARE STARTING OR GROWING THEIR BUSINESSES - BRICK OTR: A CONSTANTLY CHANGING POP-UP SHOP DESIGNED TO GIVE ENTREPRENEURS A CHANCE TO TEST OUT THEIR BUSINESS IDEAS IN REAL TIME - ALUMNI PROGRAM: A PROGRAM PROVIDING MENTORING AND RELATIONSHIP SUPPORT WITH INTERESTED GRADUATES FOR 18 MONTHS AFTER COMPLETING THE MORTAR ENTREPRENEURSHIP ACADEMY - ACCESS TO CAPITAL: A PROGRAM PROVIDING LOANS AND GRANTS TO ENSURE THAT THE ENTREPRENEURS SERVED BY MORTAR CINCINNATI HAVE ACCESS TO THE CAPITAL THEY NEED TO ESTABLISH THEIR BUSINESSES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Allen Woods Director / Executive Director | Trustee | 40 | $115,804 |
Derrick Braziel Director | Trustee | 1 | $9,900 |
Kala Gibson President | OfficerTrustee | 1 | $0 |
Ben Greenberg Director | Trustee | 1 | $0 |
Stephanie Khurana Director | Trustee | 1 | $0 |
Pranav Kothari Vice President - Term Ended | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $65,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,552,307 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,617,307 |
| Total Program Service Revenue | $506,447 |
| Investment income | $14,059 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,137,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,345 |
| Grants and other assistance to domestic individuals. | $185,337 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,008 |
| Compensation of current officers, directors, key employees. | $42,468 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $421,689 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,483 |
| Payroll taxes | $54,077 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,905 |
| Fees for services: Accounting | $141,991 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,410 |
| Advertising and promotion | $5,410 |
| Office expenses | $7,625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,625 |
| Travel | $35,228 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,667 |
| Insurance | $3,445 |
| All other expenses | $93,995 |
| Total functional expenses | $1,464,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,812,001 |
| Savings and temporary cash investments | $219,265 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $290,415 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,221 |
| Net Land, buildings, and equipment | $94,630 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,787,893 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $207,660 |
| Total assets | $4,414,085 |
| Accounts payable and accrued expenses | $49,594 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $65,223 |
| Total liabilities | $114,817 |
| Net assets without donor restrictions | $4,020,405 |
| Net assets with donor restrictions | $278,863 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,414,085 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mortar Cincinnati Cincinnati, OH | $4,414,085 | $2,137,813 |
Conxusneo Akron, OH | $476,052 | $993,949 |
Painters & Decorators Building Incorporated Cleveland, OH | $2,852,235 | $590,349 |
Tyler County Development Authority Inc Sistersville, WV | $2,588,747 | $151,965 |
Urban Bridges Cleveland, OH | $500,826 | $371,517 |
Sheet Metal Workers Wheeling District Building Corporation Wheeling, WV | $509,085 | $44,223 |
Local 1466 Ibew Building Corporatio Columbus, OH | $0 | $5 |
International Society For Fall Protection I S F P Miamisburg, OH | $65,030 | $0 |
Robert And Christine Chiles Foundation Southgate, MI | $188,744 | $86,010 |
Building Corporation Of The Iuoe Local 324 Stationary Engineers' Educatio Bloomfield Township, MI | $851,160 | $11,529 |
Veterans Resource Center Canton, MI | $5,513 | $0 |