BUSINESS OUTREACH CENTER NETWORK INC

BUSINESS OUTREACH CENTER NETWORK INC

BROOKLYN, NY, US
501(c)(3)
EIN
11-3306111
Regional Funder

BUSINESS OUTREACH CENTER NETWORK INC

BROOKLYN, NY, US
501(c)(3)
EIN
11-3306111
Regional Funder

Overview

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Est.

1996

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Business Outreach Center Network Inc is a nonprofit organization dedicated to economically empowering individuals and creating jobs in low-income communities. With an operating budget of $4 million and total revenue of $4.8 million for the 2024 filing year, the organization relies on multiple funding sources, none of which constitute 50% or more of its revenue. More information about their initiatives can be found on their website, www.bocnet.org.

Mission Statement

TO ECONOMICALLY EMPOWER INDIVIDUALS AND CREATE JOBS IN LOW-INCOME COMMUNITIES.
Revenues

$4.8M

Expenses

$4.4M

Net Income:
+$438.2K
Assets

$4.5M

Liabilities

$1.1M

Net Assets:
+$3.4M
Operating Budget

$4M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$350K
Largest grant received
$600K
E
Elena Zikuss
Board Member
K
Kunal Verma
Board Member
V
Victor Salama
Board Member

Frequently Asked Questions

What is BUSINESS OUTREACH CENTER NETWORK INC’s budget?
In 2024, BUSINESS OUTREACH CENTER NETWORK INC reported an annual operating budget of around $4 million. More detailed financial information is available to registered users.
What causes does BUSINESS OUTREACH CENTER NETWORK INC support?
BUSINESS OUTREACH CENTER NETWORK INC supports work in Business promotion.
Where does BUSINESS OUTREACH CENTER NETWORK INC operate?
BUSINESS OUTREACH CENTER NETWORK INC is headquartered in BROOKLYN, NY.
Who funded BUSINESS OUTREACH CENTER NETWORK INC recently?
In 2024, BUSINESS OUTREACH CENTER NETWORK INC received grants from JPMORGAN CHASE FOUNDATION, CAPITAL ONE FOUNDATION INC, and JPMORGAN CHASE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BUSINESS OUTREACH CENTER NETWORK INC received in 2024?
The largest grant to BUSINESS OUTREACH CENTER NETWORK INC in 2024 exceeds $600 thousand.
What is BUSINESS OUTREACH CENTER NETWORK INC’s reliance on government grants?
BUSINESS OUTREACH CENTER NETWORK INC relied on government grants for more than 70% of their total revenue in 2024.
Overview
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