Logo for "ECONOMIC GROWTH BUSINESS INCUBATOR"

ECONOMIC GROWTH BUSINESS INCUBATOR

ECONOMIC GROWTH BUSINESS INCUBATOR

Austin, TX, US
501(c)(3)
EIN
90-0128899
Logo for "ECONOMIC GROWTH BUSINESS INCUBATOR"

ECONOMIC GROWTH BUSINESS INCUBATOR

Austin, TX, US
501(c)(3)
EIN
90-0128899

Overview

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Est.

2004

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Economic Growth Business Incubator (EGBI) is a nonprofit organization dedicated to providing training, coaching, and support to aspiring and existing business owners who encounter barriers to business growth. With an operating budget of $585.1K and total revenue of $406.2K for the 2024 filing year, EGBI relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. The organization focuses on adult education to empower entrepreneurs and facilitate economic development.

Mission Statement

EGBI PROVIDES TRAINING, COACHING, AND SUPPORT TO ASPIRING AND EXISTING BUSINESS OWNERS WHO FACE BARRIERS TO GROWING A SUCCESSFUL BUSINESS.
Revenues

$406.2K

Expenses

$585.1K

Net Income:
-$178.9K
Assets

$290.5K

Liabilities

$11.9K

Net Assets:
+$278.6K
Operating Budget

$585.1K

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
$25K
Largest grant received
$100K
L
Larissa Davila
Board Member
M
Michael Cummings
Board Member
L
Luis Delgado
Board Member

Frequently Asked Questions

What is ECONOMIC GROWTH BUSINESS INCUBATOR’s budget?
In 2024, ECONOMIC GROWTH BUSINESS INCUBATOR reported an annual operating budget of around $585 thousand. More detailed financial information is available to registered users.
What causes does ECONOMIC GROWTH BUSINESS INCUBATOR support?
ECONOMIC GROWTH BUSINESS INCUBATOR supports work in Adult education.
Where does ECONOMIC GROWTH BUSINESS INCUBATOR operate?
ECONOMIC GROWTH BUSINESS INCUBATOR is headquartered in Austin, TX.
Who funded ECONOMIC GROWTH BUSINESS INCUBATOR recently?
In 2025, ECONOMIC GROWTH BUSINESS INCUBATOR received grants from CHARITIES AID FOUNDATION AMERICA, THE WINSTON-SALEM FOUNDATION, and Texas Capital Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant ECONOMIC GROWTH BUSINESS INCUBATOR received in 2024?
The largest grant to ECONOMIC GROWTH BUSINESS INCUBATOR in 2024 exceeds $100 thousand.
Overview
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