Skip to content
Nonprofiteer
← INCUBATE NEIGHBORHOOD CENTER

Form 990 for tax year 2023

Filed by INCUBATE NEIGHBORHOOD CENTER.

Totals

Total revenue
$603,793
Total expenses
$402,962
Contributions and grants received
$603,793
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$199,207
Total liabilities, end of year
$1,323
Net assets or fund balances, end of year
$197,884
Program services expenses (Part IX)
$402,962
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$402,963

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $603,793

  • 1g · Noncash contributions included above

    $240,000

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 12 · Advertising and promotion

    total $3,637 · program services $3,637

  • 13 · Office expenses

    total $9,244 · program services $9,244

  • 16 · Occupancy

    total $240,000 · program services $240,000

  • 17 · Travel

    total $6,957 · program services $6,957

  • 20 · Interest

    total $464 · program services $464

  • 22 · Depreciation, depletion and amortization

    total $2,692 · program services $2,692

  • 23 · Insurance

    total $8,221 · program services $8,221

  • 24a · Other expenses: PROGRAM EXPENSE

    total $15,935 · program services $15,935

  • 24b · Other expenses: SHOP SUPPLIES

    total $16,563 · program services $16,563

  • 24c · Other expenses: INDEPENDENT CONTRACTORS

    total $56,381 · program services $56,381

  • 24d · Other expenses: OTHER EXPENSES

    total $42,868 · program services $42,868

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $142,967

  • 10a · Land, buildings and equipment: cost or other basis

    $54,749

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,692

  • 10c · Land, buildings and equipment, net

    end of year $52,057

  • 15 · Other assets

    end of year $4,183

  • 17 · Accounts payable and accrued expenses

    end of year $1,323

  • 27 · Net assets without donor restrictions

    end of year $197,884

Mission and programs · 2023

Mission

TO UPLIFT MARGINALIZED INDIVIDUALS AND TRANSFORM POVERTY-STRICKEN NEIGHBORHOODS BY CREATING EQUITABLE PATHWAYS TO ECONOMIC STABILITY AND SELF-SUFFICIENCY.

Activities or mission (Part I)

WE ARE COMMITTED TO REVITALIZE DISTRESSED COMMUNITIES THROUGH STRAGEGIC ECONOMIC DEVELOPMENT THAT PROMOTE ENTREPRENUERSHIP, INCREASE HOMEOWNERSHIP

  • TO UPLIFT MARGINALIZED INDIVIDUALS AND TRANSFORM POVERTY-STRICKEN

    Expenses $402,963

As filed on the 2023 return.

Listed in Part VII

  • Caniera Gardne

    CEO

    Total calculated
    $0
    Hours/week
    5
  • Mary Simon

    VC

    Total calculated
    $0
    Hours/week
    5
  • Eleanor Chin

    TR

    Total calculated
    $0
    Hours/week
    5

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
4 June 2025
IRS schema version
2023v6.0
Source object
202501619349301540

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.