Sbac Empowerment Foundation
- Assets
- $21.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/2016
- Data as of
- 12/2023
- EIN
- 81-1699104
Organization Overview
Sbac Empowerment Foundation is located in Chicago, IL. The organization was established in 2016. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sbac Empowerment Foundation 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, Sbac Empowerment Foundation generated $86.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $82.1k during the year ending 12/2023. 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
COUNSELED AND MENTORED SMALL BUSINESS OWNERS WHO GRADUATED FROM EMPOWERS SMALL BUSINSS TRAINING CLASS
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 |
|---|---|---|---|
Scott Baskin Chair | 3 | $0 | |
Elliot Richardson Board Member | 0.75 | $0 | |
Iris Marreck Board Member | 0.75 | $0 | |
David Davis Board Member | 0.75 | $0 | |
Paul Detlefs Board Member | 0.75 | $0 | |
Anjel Hughes Board Member | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,450 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,450 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,123 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $700 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,233 |
| Total expenses | $82,056 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,391 |
| Other assets | $0 |
| Total assets | $21,391 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,391 |