THE BOOST PAD

Charlotte, NC, US
501(c)(3)
EIN
84-3158649
Logo for "THE BOOST PAD"
Charlotte, NC, US
501(c)(3)
EIN
84-3158649

Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

THE BOOST PAD is a nonprofit organization dedicated to supporting emerging and under-resourced entrepreneurs in Charlotte by providing strategic guidance and resources to foster innovative solutions and sustainable enterprises. With an operating budget of $196.2K and total revenue of $171.6K for the 2024 filing year, the organization relies on a diverse range of funding sources and does not depend on any single funder for 50% or more of its revenue. More information can be found on their website at theboostpad.org.

Mission Statement

THE BOOST PAD EQUIPS EMERGING AND UNDER-RESOURCED ENTREPRENEURS WITH THE STRATEGIC GUIDANCE AND SUPPORT NEEDED TO DEVELOP INNOVATIVE SOLUTIONS, BUILD SUSTAINABLE ENTERPRISES, AND ADVANCE ECONOMIC MOBILITY THROUGHOUT CHARLOTTE.
Revenues

$171.6K

Expenses

$196.2K

Net Income:
-$24.6K
Assets

$93.5K

Liabilities

$0

Net Assets:
+$93.5K
Operating Budget

$196.2K

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

2

Median grant size
$14.1K
Largest grant received
$25K
J
Jerel Harvey
Board Member
D
Dj Baudhuin
Board Member
A
Albert Lindemann Iii
Board Member

Frequently Asked Questions

What is THE BOOST PAD’s budget?
In 2024, THE BOOST PAD reported an annual operating budget of around $196 thousand. More detailed financial information is available to registered users.
What causes does THE BOOST PAD support?
THE BOOST PAD supports work in Entrepreneurship.
Where does THE BOOST PAD operate?
THE BOOST PAD is headquartered in Charlotte, NC.
Who funded THE BOOST PAD recently?
In 2024, THE BOOST PAD received grants from NC IDEA, NC IDEA, and Ally Charitable Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant THE BOOST PAD received in 2024?
The largest grant to THE BOOST PAD in 2024 exceeds $25 thousand.
What is THE BOOST PAD’s reliance on government grants?
THE BOOST PAD relied on government grants for more than 25% of their total revenue in 2024.
Overview
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