Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Hatch AVL Foundation is an entrepreneurship-focused nonprofit based in Asheville, North Carolina, operating the Hatch Innovation Hub for high-growth entrepreneurs in Asheville and Western North Carolina. In filing year 2024, it reported an operating budget of $172.4K and total revenue of $274.2K, with major support from STONECUTTER FOUNDATION INC, THE COMMUNITY FOUNDATION OF LOUISVILLE DEPOSITORY INC, TRUIST FOUNDATION INC, AVISTA BUSINESS DEVELOPMENT CORP, and NC IDEA.

Mission Statement

The Hatch Innovation Hub is the home of high growth focused entrepreneurs in Asheville and Western North Carolina.
Revenues
$274.2K
Expenses
$172.4K
Net Income:
+$101.7K
Assets
$222.9K
Liabilities
$630
Net Assets:
+$222.3K
Operating Budget
$172.4K
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
3
Median grant size
$5.5K
Largest grant received
$60K
I
Isaac Rowles
Board Member
M
Maui Vang
Board Member
M
Mike Baer
Board Member
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  • 9 funders
  • 19 board & team members
  • 4 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Hatch AVL Foundation’s budget?
In 2024, Hatch AVL Foundation reported an annual operating budget of around $172 thousand. More detailed financial information is available to registered users.
What causes does Hatch AVL Foundation support?
Hatch AVL Foundation supports work in Entrepreneurship.
Where does Hatch AVL Foundation operate?
Hatch AVL Foundation is headquartered in Asheville, NC.
Who funded Hatch AVL Foundation recently?
In 2025, Hatch AVL Foundation received grants from THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC, STONECUTTER FOUNDATION INC, and STONECUTTER FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Hatch AVL Foundation received in 2024?
The largest grant to Hatch AVL Foundation in 2024 exceeds $60 thousand.