Overview

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Est.

1998

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Greater Cincinnati Microenterprise is a nonprofit organization focused on promoting entrepreneurship in low-income neighborhoods within the greater Cincinnati area. With an operating budget of $563.9K and total revenue of $677.1K for the filing year 2023, the organization sponsors business training, education, small business loans, and ongoing support programs. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at www.gcmi.org.

Mission Statement

To promote the development of business and enterprise in low-income neighborhoods by sponsoring and participating in business training, education, small business loans and ongoing support programs in the greater Cincinnati area.
Revenues
$677.1K
Expenses
$567.4K
Net Income:
+$109.7K
Assets
$1.1M
Liabilities
$56.5K
Net Assets:
+$1.1M
Operating Budget
$563.9K
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
6
Median grant size
$38.1K
Largest grant received
$75.9K
W
Willie Hill
Executive
L
Lisa Pflueger
Board Member
C
Christine Hawkins
Board Member

Frequently Asked Questions

What is Greater Cincinnati Microenterprise’s budget?
In 2023, Greater Cincinnati Microenterprise reported an annual operating budget of around $564 thousand. More detailed financial information is available to registered users.
What causes does Greater Cincinnati Microenterprise support?
Greater Cincinnati Microenterprise supports work in Entrepreneurship.
Where does Greater Cincinnati Microenterprise operate?
Greater Cincinnati Microenterprise is headquartered in Cincinnati, OH.
Who funded Greater Cincinnati Microenterprise recently?
In 2024, Greater Cincinnati Microenterprise received grants from United Way of Greater Cincinnati, LKC FOUNDATION, and OHIO CDC ASSOCIATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Greater Cincinnati Microenterprise received in 2024?
The largest grant to Greater Cincinnati Microenterprise in 2024 exceeds $76 thousand.
What is Greater Cincinnati Microenterprise’s reliance on government grants?
Greater Cincinnati Microenterprise relied on government grants for more than 15% of their total revenue in 2023.