Overview

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Est.

2013

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Emerging Enterprise Center Inc, with EIN 27-3709704, is a nonprofit organization dedicated to enhancing the success of individuals starting new businesses through education and business skill development. With an operating budget of $486.8K and total revenue of $498.8K for the filing year 2024, the organization focuses on community and economic development, education, and health, aiming to improve the overall economic health of the region. Notably, it does not rely on a single funder for more than 50% of its revenue, ensuring a diverse funding base to support its comprehensive programs. For more information, visit www.eecincubator.com.

Mission Statement

TO ENHANCE THE CHANCES FOR SUCCESS OF PERSONS STARTING NEW BUSINESSES, BY FACILITATING THE EDUCATION AND BUSINESS SKILL DEVELOPMENT, THROUGH A COMPREHENSIVE PROGRAM OF SUPPORT, ADVICE AND ACCESS, SO THAT THEY CAN GRADUATE WITH SUSTAINABLE BUSINESS MODEL WHICH WILL ENABLE THEM TO SUBSTANTIALLY CONTRIBUTE TO THE SOCIAL MISSION OF IMPROVING THE OVERALL ECONOMIC HEALTH OF THE REGION.
Revenues
$498.8K
Expenses
$486.8K
Net Income:
+$12K
Assets
$1.5M
Liabilities
$749.1K
Net Assets:
+$705.8K
Operating Budget
$486.8K
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
1
Median grant size
$1.1K
Largest grant received
$1.1K
T
Tim Boulden
Board Member
M
Mark Olazagasti
Board Member
A
Alexandra Parkowski
Board Member

Frequently Asked Questions

What is EMERGING ENTERPRISE CENTER INC’s budget?
In 2024, EMERGING ENTERPRISE CENTER INC reported an annual operating budget of around $487 thousand. More detailed financial information is available to registered users.
What causes does EMERGING ENTERPRISE CENTER INC support?
EMERGING ENTERPRISE CENTER INC supports work in Education, Health, and Community and economic development.
Where does EMERGING ENTERPRISE CENTER INC operate?
EMERGING ENTERPRISE CENTER INC is headquartered in Wilmington, DE.
Who funded EMERGING ENTERPRISE CENTER INC recently?
In 2016, EMERGING ENTERPRISE CENTER INC received grants from M&T Charitable Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant EMERGING ENTERPRISE CENTER INC received in 2016?
The largest grant to EMERGING ENTERPRISE CENTER INC in 2016 exceeds $1,100.
What is EMERGING ENTERPRISE CENTER INC’s reliance on government grants?
EMERGING ENTERPRISE CENTER INC relied on government grants for more than 50% of their total revenue in 2024.