Overview

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Est.

2021

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BUILT2LAST INNOVATIONS LAB INC is a nonprofit organization focused on community and economic development in Durham, aiming to create a more inclusive entrepreneurial ecosystem with a particular emphasis on women and underrepresented minority communities. With an operating budget of $234.3K and total revenue of $204K for the 2023 filing year, the organization does not rely on a single funder for more than 50% of its revenue. Through its mission, it seeks to equip individuals with the skills and experience necessary to fully engage in economic prosperity.

Mission Statement

CREATE A MORE INCLUSIVE ENTREPRENEURIAL AND BUSINESS ECOSYSTEM IN DURHAM, WITH AN EMPHASIS ON WOMEN AND UNDERREPRESENTED MINORITIES COMMUNITIES TO GAIN THE SKILLS AND EXPERIENCE NEEDED TO FULLY PARTICIPATE IN ECONOMIC PROPERITY.
Revenues
$204K
Expenses
$234.3K
Net Income:
-$30.4K
Assets
$66.8K
Liabilities
$0
Net Assets:
+$66.8K
Operating Budget
$234.3K
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
$12.5K
Largest grant received
$12.5K
D
DR Joyce Blackwell
Board Member
D
Dewarren Langley
Board Member
D
DR Zaphon Wilson
Board Member

Frequently Asked Questions

What is BUILT2LAST INNOVATIONS LAB INC’s budget?
In 2023, BUILT2LAST INNOVATIONS LAB INC reported an annual operating budget of around $234 thousand. More detailed financial information is available to registered users.
What causes does BUILT2LAST INNOVATIONS LAB INC support?
BUILT2LAST INNOVATIONS LAB INC supports work in Community and economic development and Community improvement.
Where does BUILT2LAST INNOVATIONS LAB INC operate?
BUILT2LAST INNOVATIONS LAB INC is headquartered in DURHAM, NC.
Who funded BUILT2LAST INNOVATIONS LAB INC recently?
In 2024, BUILT2LAST INNOVATIONS LAB INC received grants from VILCAP INC. More information on this organization’s funders is available to registered users.
What is the largest grant BUILT2LAST INNOVATIONS LAB INC received in 2024?
The largest grant to BUILT2LAST INNOVATIONS LAB INC in 2024 exceeds $13 thousand.