Zane Access Co
- Assets
- $12.7k
- Revenue
- $130.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2023
- EIN
- 85-1969309
Organization Overview
Zane Access Co is located in Atlanta, GA. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zane Access Co 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, Zane Access Co generated $130.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $191.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ZANE ACCESS EMPOWERS OVERLOOKED EARLY-STAGE FOUNDERS AND SMALL BUSINESS OWNERS BY PROVIDING CRITICAL TRAINING, SUPPORT, AND FUNDING EDUCATION ESSENTIAL FOR SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ZANE ACCESS' CAPITAL READINESS COHORT IS THE PREMIERE CAPITAL READINESS EXPERIENCE THAT WAS BUILT TO EQUIP UNDERREPRESENTED FOUNDERS WITH THE SKILLS TO NAVIGATE THE WORLD OF CAPITAL WITH CONFIDENCE. OUR ACCELERATED APPROACH ALLOWS FOUNDERS TO GAIN CRITICAL KNOWLEDGE WHILE ALSO MAXIMIZING THEIR TIME.
ZANE ACCESS UNIVERSITY IS AN ENTREPRENEURIAL SUPPORT PROGRAM DESIGNED TO SUPPLEMENT EXISTING UNIVERSITY ENTREPRENEURIAL PROGRAMMING TO HELP PROVIDE ACCESS TO CRITICAL ENTREPRENEURIAL SUPPORT AND CAPITAL TO DIVERSE STUDENT FOUNDERS. WE FOCUS ON EDUCATING AND SUPPORTING STUDENT ENTREPRENEURS TO HELP BRIDGE THE GAP IN STUDENT-LED VENTURES ACROSS COLLEGE AND UNIVERSITY SYSTEMS.OUR SCHOLARS IN RESIDENCE (SIR) PROGRAM IS A THREE (3) MONTH INTERNSHIP THAT SUPPORTS ZANE VENTURE FUND AND ZANE ACCESS. SIR'S RECEIVE UNPARALLELED EXPOSURE TO TOP-LEVEL VCS FROM ACROSS THE COUNTRY, NOT ONLY THROUGH THE POSITION ITSELF BUT ALSO THROUGH MONTHLY ASK ME ANYTHING SESSIONS WITH VCS AND INDUSTRY EXPERTS. SIRS GAIN HANDS-ON EXPERIENCE AND ACTIONABLE SKILLS IN ALL ASPECTS OF A VENTURE CAPITAL FUND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shila Burney Founder, Chair | OfficerTrustee | 10 | $44,611 |
Dwight Burney Secretary | OfficerTrustee | 20 | $31,261 |
Sig Mosely Treasurer | OfficerTrustee | 5 | $0 |
Devika Roa Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $120,539 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,539 |
| Total Program Service Revenue | $10,000 |
| Investment income | $0 |
| 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 | $130,539 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $3,083 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,822 |
| Compensation of current officers, directors, key employees. | $25,274 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,517 |
| Fees for services: Accounting | $6,848 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,787 |
| Advertising and promotion | $3,986 |
| Office expenses | $16,202 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $800 |
| Travel | $22,724 |
| 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 | $0 |
| Insurance | $683 |
| All other expenses | $847 |
| Total functional expenses | $191,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,393 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,736 |
| Accounts payable and accrued expenses | $160 |
| 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 | $50,000 |
| Other liabilities | $0 |
| Total liabilities | $50,160 |
| Net assets without donor restrictions | -$37,424 |
| Net assets with donor restrictions | $0 |
| 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 | $12,736 |