Logo for "MOUNTAIN BIZCAPITAL INC"

MOUNTAIN BIZCAPITAL INC

MOUNTAIN BIZCAPITAL INC

ASHEVILLE, NC, US
501(c)(3)
EIN
14-1864873
Logo for "MOUNTAIN BIZCAPITAL INC"

MOUNTAIN BIZCAPITAL INC

ASHEVILLE, NC, US
501(c)(3)
EIN
14-1864873

Overview

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Est.

2002

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Mountain BizCapital Inc, with EIN 14-1864873, is a nonprofit organization dedicated to creating economic opportunities in Western North Carolina by supporting small businesses through learning and lending initiatives. With an operating budget of $5.8 million and total revenue of $12.9 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website, www.mountainbizworks.org.

Mission Statement

MOUNTAIN BIZWORKS CREATES ECONOMIC OPPORTUNITY FOR THE PEOPLE OF WESTERN NORTH CAROLINA BY HELPING SMALL BUSINESSES START, GROW, AND CREATE JOBS THROUGH SMALL BUSINESS LEARNING AND LENDING.
Revenues

$12.9M

Expenses

$5.8M

Net Income:
+$7.1M
Assets

$50.6M

Liabilities

$28.1M

Net Assets:
+$22.5M
Operating Budget

$5.8M

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

12

Median grant size
$37K
Largest grant received
$1M
M
Matthew Raker
Board Member
D
Duane Adams
Board Member
B
Brandon Wallace
Board Member

Frequently Asked Questions

What is MOUNTAIN BIZCAPITAL INC’s budget?
In 2024, MOUNTAIN BIZCAPITAL INC reported an annual operating budget of around $5.8 million. More detailed financial information is available to registered users.
What causes does MOUNTAIN BIZCAPITAL INC support?
MOUNTAIN BIZCAPITAL INC supports work in Communication media and Foundations.
Where does MOUNTAIN BIZCAPITAL INC operate?
MOUNTAIN BIZCAPITAL INC is headquartered in ASHEVILLE, NC.
Who funded MOUNTAIN BIZCAPITAL INC recently?
In 2025, MOUNTAIN BIZCAPITAL INC received grants from The Golden LEAF Inc, DOGWOOD HEALTH TRUST, and Rockefeller Philanthropy Advisors Inc. More information on this organization’s funders is available to registered users.
What is the largest grant MOUNTAIN BIZCAPITAL INC received in 2024?
The largest grant to MOUNTAIN BIZCAPITAL INC in 2024 exceeds $1 million.
What is MOUNTAIN BIZCAPITAL INC’s reliance on government grants?
MOUNTAIN BIZCAPITAL INC relied on government grants for more than 55% of their total revenue in 2024.
Overview
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