THE YOUNGSTOWN EDISON BUSINESS INCUBATOR
AI Summary
The Youngstown Edison Business Incubator (EIN: 34-1751707) is a nonprofit organization dedicated to economic development by fostering the growth and innovation of technology-based businesses. With an operating budget of $4.3 million and total revenue of $7.5 million for the 2024 filing year, the organization provides comprehensive entrepreneurial services and resources in a supportive environment aimed at promoting company success and retention. The Youngstown Edison Business Incubator 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 www.ybi.org.
Mission Statement
BUSINESS DEVELOPMENT: TO CULTIVATE, ACCELERATE AND PRMOTE THE FORMATION, GROWTH, COMMERCIALIZATION AND INNOVATION OF TECHNOLOGY-BASED BUSINESSES BY PROVIDING THE COMPREHENSIVE, HIGH QUALITY ENTREPRENEURIAL SERVICES AND RESORUCES IN A ROBUST ENVIRONMENT THAT PROMOTES COMPANY SUCCESS, ATTRACTION AND RETENTION TO CULTIVATE, ACCELERATE AND PROMOTE THE FORMATION, GROWTH, COMMERCIALIZATION, AND INNOVATION OF TECHNOLOGY-BASED BUSINESSES BY PROVIDING COMPREHENSIVE, HIGH QUALITY ENTREPRENEURIAL SERVICES AND RESOURCES IN A ROBUST ENVIRONMENT THAT PROMOTES COMPANY SUCCESS, ATTRACTION AND RETENTION.
Cause Areas
1
Economic development
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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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Frequently Asked Questions
What is THE YOUNGSTOWN EDISON BUSINESS INCUBATOR’s budget?
In 2024, THE YOUNGSTOWN EDISON BUSINESS INCUBATOR reported an annual operating budget of around $4.3 million. More detailed financial information is available to registered users.
What causes does THE YOUNGSTOWN EDISON BUSINESS INCUBATOR support?
THE YOUNGSTOWN EDISON BUSINESS INCUBATOR supports work in Economic development.
Where does THE YOUNGSTOWN EDISON BUSINESS INCUBATOR operate?
THE YOUNGSTOWN EDISON BUSINESS INCUBATOR is headquartered in Youngstown, OH.
Who funded THE YOUNGSTOWN EDISON BUSINESS INCUBATOR recently?
In 2024, THE YOUNGSTOWN EDISON BUSINESS INCUBATOR received grants from YOUNGSTOWN AREA JEWISH FOUNDATION, FARMERS CHARITABLE FOUNDATION XXX-XX-XXXX, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE YOUNGSTOWN EDISON BUSINESS INCUBATOR received in 2024?
The largest grant to THE YOUNGSTOWN EDISON BUSINESS INCUBATOR in 2024 exceeds $23 thousand.
What is THE YOUNGSTOWN EDISON BUSINESS INCUBATOR’s reliance on government grants?
THE YOUNGSTOWN EDISON BUSINESS INCUBATOR relied on government grants for more than 70% of their total revenue in 2024.