Overview

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Est.

2004

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

ECONOMIC GROWTH BUSINESS INCUBATOR is an adult education nonprofit that provides training, coaching, and support to aspiring and existing business owners who face barriers to growing a successful business. In filing year 2025, it operated with a budget of $579.6K and total revenue of $689.3K, with major support from St David's Foundation, AUSTIN COMMUNITY FOUNDATION INC, and THE WINSTON-SALEM FOUNDATION.

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
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  • 16 funders
  • 20 board & team members
  • 8 historic 990s & financials
  • 6-year operating budget trend
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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.