- Revenue 2024
- $4,398,731
- Expenses 2024
- $3,976,729
Program services were 58.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S20
- Classification
- 1200
- Street
- 490 LAKE PARK AVE UNIT 10481
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO PROVIDE SUPPORT TO UNDERSERVED ENTREPRENEURS AND THEIR COMMUNITIES THROUGH LOAN AND EDUCATIONAL PROGRAMS WHICH SUPPORT THEIR BUSINESSES.
-
RUNWAY PROJECT PROJECT MISSION: RUNWAY IS COMMITTED TO ADVANCING BLACK RESILIENCY FOR BLACK BUSINESSES AND THE COMMUNITIES THEY SERVE BY BUILDING EMERGENT FINANCIAL PRACTICES AND INFRASTRUCTURE THAT CLOSES THE RACIAL WEALTH GAP FOR GOOD.
Expenses $2,317,153 · Grants $559,045 · Revenue $456,347
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
JESSICA NORWOOD
CHIEF EXECUTIVE OFFICER
- Total calculated
- $199,055
- From this org
- $199,055
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $199,055
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $199,055
-
TEUMBAY TEE BARNES
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
TERESA FOX BETTIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
ARIANNA MCARTHER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
AISHA BLACKMAN
EMPLOYEE
- Total calculated
- $150,000
- From this org
- $150,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
JAMICA EL
EMPLOYEE
- Total calculated
- $150,000
- From this org
- $150,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
LAURIKA HARRIS-KAYE
EMPLOYEE
- Total calculated
- $150,000
- From this org
- $150,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
NAIMA M MCQUEEN
EMPLOYEE
- Total calculated
- $150,000
- From this org
- $150,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
NINA C ROBINSON
EMPLOYEE
- Total calculated
- $150,000
- From this org
- $150,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $4,398,731
- Expenses
- $3,976,729
- Contributions
- $3,942,384
- Grants paid
- $559,045
-
2023
- Revenue
- $2,529,382
- Expenses
- $3,617,603
- Contributions
- $2,433,883
- Grants paid
- $20,000
-
2022
- Revenue
- $1,956,817
- Expenses
- $1,527,487
- Contributions
- $1,507,161
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $1,729,805
- Expenses
- $1,258,739
- Assets (EOY)
- $2,194,442
-
2020 · 990
- Revenue
- $1,335,504
- Expenses
- $753,970
- Assets (EOY)
- $1,539,342
-
2019 · 990
- Revenue
- $716,392
- Expenses
- $248,440
- Assets (EOY)
- $938,128
-
2018 · 990
- Revenue
- $33,912
- Expenses
- $62,923
- Assets (EOY)
- $470,176
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Form 990-N e-Postcard, tax year 2017
- Tax period
- 1 January 2017 to 31 December 2017
- Principal officer
- Jessica Norwood
- Mailing address
- PO BOX 388Mobile AL 36601
As filed, from the IRS e-Postcard file of 19 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
Grants made
-
2024 DONATION
-
PORT OF AFRICATOWN
$20,000
2023 DONATION
Grants received
-
$510,000
2022 GENERAL SUPPORT
-
$500,500
2023 GENERAL SUPPORT
-
SILICON VALLEY COMMUNITY FOUNDATION
$500,000
2022 Human Services
-
$500,000
2024 GENERAL SUPPORT
-
SILICON VALLEY COMMUNITY FOUNDATION
$500,000
2024 Human Services
-
SILICON VALLEY COMMUNITY FOUNDATION
$500,000
2023 Human Services
-
$450,000
2024 GENERAL SUPPORT
-
$446,076
2022 PROMOTING DISADVANTAGED SMALL BUSINESSES OF COLOR IN THE EAST BAY AND THE COMMUNITIES THEY SERVE, GENERAL SUPPORT, PROMOTING AND SUPPORTING DISADVANTAGED SMALL BUSINESSES OF COLOR IN THE EAST BAY AND THE COMMUNITIES THEY SERVE, ONGOING WORK IN PROMOTING AND SUPPORTING DISADVANTAGED SMALL BUSINESSES OF COLOR IN THE EAST BAY AND THE COMMUNITIES THEY SERVE, WORK IN PROMOTING AND SUPPORTING DISADVANTAGED SMALL BUSINESSES OF COLOR IN THE EAST BAY AND THE COMMUNITIES THEY SERVE
-
$275,000
2023 GENERAL SUPPORT
-
$200,000
2024 HUMAN SERVICES
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
RUNWAY INVESTMENT ADVISORY LLC
ASSET MANAGEMENT · DE · income $0 · assets $0
-
INVESTMENT FUND · DE · income $4,108 · assets $4,986,516
Other IRS files
Auto-Revocation List
- Exemption revoked 15 May 2018, reinstated 15 May 2018.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.