Form 990 for tax year 2025
Filed by CENTER FOR INCLUSIVE ENTREPRENEURSHIP.
Totals
- Total revenue
- $1,276,851
- Total expenses
- $1,153,004
- Contributions and grants received
- $1,240,308
- Grants paid
- $230,917
- Program service revenue
- $36,250
- Investment income
- $293
- Other revenue
- $0
- Total assets, end of year
- $388,391
- Total liabilities, end of year
- $238,951
- Net assets or fund balances, end of year
- $149,440
- Program services expenses (Part IX)
- $1,004,414
- Management and general expenses
- $74,241
- Fundraising expenses
- $74,349
- Program service expenses (Part III)
- $1,004,414
Program services were 87.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$870,966
-
1f · All other contributions, gifts and grants
$369,342
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Program Services
total $36,250 · related or exempt $36,250 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $293 · related or exempt $0 · unrelated business $0 · excluded $293
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $121,005 · program services $121,005
-
2 · Grants to domestic individuals
total $109,912 · program services $109,912
-
5 · Compensation of officers, directors and key employees
total $100,000 · program services $67,000 · management and general $16,000 · fundraising $17,000
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $537,016 · program services $488,544 · management and general $26,786 · fundraising $21,686
-
9 · Other employee benefits
total $35,353 · program services $27,502 · management and general $4,927 · fundraising $2,924
-
10 · Payroll taxes
total $56,610 · program services $49,521 · management and general $3,428 · fundraising $3,661
-
11b · Fees: legal
total $2,425 · management and general $2,425
-
11c · Fees: accounting
total $37,302 · program services $32,237 · management and general $2,916 · fundraising $2,149
-
11e · Fees: professional fundraising services
total $24,559 · fundraising $24,559
-
11g · Fees: other
total $51,542 · program services $45,875 · management and general $5,667
-
12 · Advertising and promotion
total $301 · program services $301
-
13 · Office expenses
total $4,836 · program services $4,188 · management and general $617 · fundraising $31
-
14 · Information technology
total $20,297 · program services $17,999 · management and general $585 · fundraising $1,713
-
16 · Occupancy
total $17,586 · program services $17,586
-
17 · Travel
total $12,067 · program services $11,975 · fundraising $92
-
19 · Conferences, conventions and meetings
total $3,078 · program services $2,648 · management and general $430
-
20 · Interest
total $8,990 · management and general $8,990
-
23 · Insurance
total $6,535 · program services $5,596 · management and general $521 · fundraising $418
-
24e · All other expenses
total $3,590 · program services $2,525 · management and general $949 · fundraising $116
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $175,442 · end of year $207,691
-
2 · Savings and temporary cash investments
beginning of year $85
-
4 · Accounts receivable
beginning of year $132,393 · end of year $175,004
-
9 · Prepaid expenses and deferred charges
beginning of year $3,762 · end of year $5,696
-
15 · Other assets
beginning of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $51,907 · end of year $18,254
-
25 · Other liabilities
beginning of year $232,882 · end of year $220,697
-
27 · Net assets without donor restrictions
beginning of year $127,996 · end of year $85,135
-
28 · Net assets with donor restrictions
beginning of year -$101,103 · end of year $64,305
Mission and programs · 2025
Mission
Our MISSION is to help people with limited resources in marginalized rural communities start a business, earn a living, build generational wealth, and lead the development of rural places where everyone and everything can thrive forever.
-
We served 259 people, provided 933 counseling hours for 198 clients who secured $545,693 in business capital, launched 37 new businesses, and created 59 new jobs. Through a matched saving program, 45 low-income entrepreneurs completed business plans, saved at least $500 and received $4,500 matching grants to start or strengthen their businesses. Through our renewable energy outreach, 50 rural farms and small businesses learned about opportunities to improve profits by accessing renewable energy and energy efficiency funding.
Expenses $1,004,414 · Grants $230,917 · Revenue $36,250
As filed on the 2025 return.
Listed in Part VII
-
Mike Skinner
Executive Director
- Total calculated
- $109,097
- From this org
- $93,865
- From related orgs
- $0
- Other
- $15,232
- Hours/week
- 40
-
Ram Hariharan
Interim President
- Total calculated
- $0
- Hours/week
- 2
-
Chris Harjung
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Jose Garza
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Casey Pearlman
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Carrie Heaton
President
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
R2RO Handyman
$7,244
Business Startup Capital.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 29 April 2026
- IRS schema version
- 2025v4.0
- Source object
- 202621199349302757
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.