Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

RURAL BUSINESS INNOVATION CORPORATION is a nonprofit focused on public administration, education, and job preparation & procurement, with a mission to facilitate the start-up of early-stage companies by providing direct loans, education, and assistance to prospective business owners. In 2021, it operated on a modest scale with a $74.9K budget and $57.9K in revenue, and its listed funders include SUSQUEHANNA UNIVERSITY and COMMUNITY GIVING FOUNDATION.

Mission Statement

TO FACILITATE THE START-UP OF EARLY STATE COMPANIES BY PROVIDING DIRECT LOANS, EDUCATION, AND ASSISTANCE TO PROSPECTIVE BUSINESS OWNERS.
Revenues
$38.1K
Expenses
$55.6K
Net Income:
-$17.5K
Assets
$105.6K
Liabilities
$137K
Net Assets:
-$31.5K
Operating Budget
$55.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Listed as revoked
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Total No. of Grants
1
Median grant size
$7.5K
Largest grant received
$7.5K
D
Dan McGann
Board Member
F
Fred Kluck
Board Member
J
Jon Littlewood
Board Member
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  • 2 funders
  • 42 board & team members
  • 6 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is RURAL BUSINESS INNOVATION CORPORATION’s budget?
In 2022, RURAL BUSINESS INNOVATION CORPORATION reported an annual operating budget of around $56 thousand. More detailed financial information is available to registered users.
What causes does RURAL BUSINESS INNOVATION CORPORATION support?
RURAL BUSINESS INNOVATION CORPORATION supports work in Education, Public administration, and Job Preparation & Procurement.
Where does RURAL BUSINESS INNOVATION CORPORATION operate?
RURAL BUSINESS INNOVATION CORPORATION is headquartered in BLOOMSBURG, PA.
Who funded RURAL BUSINESS INNOVATION CORPORATION recently?
In 2021, RURAL BUSINESS INNOVATION CORPORATION received grants from COMMUNITY GIVING FOUNDATION, SUSQUEHANNA UNIVERSITY, and SUSQUEHANNA UNIVERSITY. More information on this organization’s funders is available to registered users.
What is the largest grant RURAL BUSINESS INNOVATION CORPORATION received in 2021?
The largest grant to RURAL BUSINESS INNOVATION CORPORATION in 2021 exceeds $7,500.