EIN 56-1577495

The Nussbaum Center for Entrepreneurship

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
1987
Most recent tax filings
2023-12-01
Description
The Nussbaum Center for Entrepreneurship fosters economic development and social welfare in Greensboro and surrounding areas by promoting and supporting the growth of small businesses. It operates an incubator facility to assist non-retail emerging and start-up enterprises, providing low cost furnished office and light manufacturing space as well as shared support services such as receptionist, consulting, and secretarial services.
Total revenues
$1,232,525
2023
Total expenses
$1,127,585
2023
Total assets
$8,035,969
2023
Num. employees
9
2023

Program areas at The Nussbaum Center for Entrepreneurship

Operates an incubator facility to assist non-retail emerging and start-up enterprises by providing low cost, furnished office and light manufacturing space along with shared support services including receptionist, consulting, and secretarial services. By assisting these new businesses in becoming successful entities, The Center offers enhanced employment opportunites and other economic benefits to The greater greensboro area.

Who funds The Nussbaum Center for Entrepreneurship

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Golden LEAF FoundationSee Part Iv$750,000
United Way of Greater GreensboroCharitable$60,000
Truist FoundationGeneral Operating$45,000
...and 3 more grants received

Personnel at The Nussbaum Center for Entrepreneurship

NameTitleCompensation
Sam FunchessChief Executive Officer$24,613
Barry FrankBoard Member$0
Lisa HazlettPresident$104,606
Laura CollinsSecretary$0
Clay HowardVice President$66,790
...and 3 more key personnel

Financials for The Nussbaum Center for Entrepreneurship

RevenuesFYE 12/2023
Total grants, contributions, etc.$511,566
Program services$611,589
Investment income and dividends$83,279
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,054
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$27,145
Total revenues$1,232,525

Form 990s for The Nussbaum Center for Entrepreneurship

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-31990View PDF
2022-122023-07-20990View PDF
2021-122022-11-01990View PDF
2020-122021-10-27990View PDF
2019-122021-03-31990View PDF
...and 10 more Form 990s

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Social Enterprise TrustHartford, CT$1,215,937
Larta InstituteLos Angeles, CA$1,340,713
RihubProvidence, RI$824,734
Fearless FoundationAtlanta, GA$2,596,277
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Built OregonPortland, OR$977,240
Data update history
November 4, 2024
Updated personnel
Identified 3 new personnel
September 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 21, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Cone Health Foundation
July 8, 2024
Received grants
Identified 1 new grant, including a grant for $60,000 from United Way of Greater Greensboro
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
1451 S Elm-Eugene St Box 35
Greensboro, NC 27406
Metro area
Greensboro-High Point, NC
County
Guilford County, NC
Website URL
nussbaumcfe.com/ 
Phone
(336) 379-5001
IRS details
EIN
56-1577495
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
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