Program areas at Russell Innovation Center for Entrepreneurs
The Russell Innovation Center for Entrepreneurs (RICE) serves as a mission-driven collaborative hub dedicated to empowering Atlantas entrepreneurial community. Since opening in 2019 with an initial cohort of 100 Entrepreneurs in Residence, RICE has evolved into a 40,000-square-foot world-class facility located in Atlanta's historic Castleberry Hill district. This dynamic ecosystem connects both aspiring and established entrepreneurs through a customized curriculum and immersive corporate experiences. RICE actively fosters relationships between entrepreneurs and capital sources, providing essential resources to support the growth of Atlanta's top entrepreneurial talent. By offering a supportive environment tailored to the needs of its members, RICE promotes sustainable business development, economic inclusion, and advancement of entrepreneurial skills, aligned with its mission to uplift and empower diverse business leaders.
Who funds Russell Innovation Center for Entrepreneurs
Grants from foundations and other nonprofits
Personnel at Russell Innovation Center for Entrepreneurs
| Name | Title | Compensation | Date of data |
|---|
| James Bailey | President and Chief Executive Officer | $197,200 | 2024-11-15 |
| Jay Bailey | President, Chief Executive Officer | | 2024-01-27 |
| Burunda Prince | Chief Operating Officer | $170,000 | 2024-01-27 |
| Paul Wilson Jr. | Vice President of Innovation and Entrepreneurship | | 2024-01-27 |
| Brittany Saadiq, Cfre | Vice President of Development | | 2024-01-27 |
| ...and 4 more key personnel |
Financials for Russell Innovation Center for Entrepreneurs
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $16,041,261 | $2,227,674 | 620.1% |
| Program services | $1,263,840 | $1,077,509 | 17.3% |
| Investment income and dividends | $7,087 | $716 | 889.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $17,312,188 | $3,305,899 | 423.7% |
Organizations like Russell Innovation Center for Entrepreneurs
| Organization | Type | Location | Revenue |
|---|
| Renaissance Entrepreneurship Center | 501(c)(3) | San Francisco, CA | $7,685,266 |
| SF New Deal | 501(c)(3) | San Francisco, CA | $9,662,132 |
| TechTown | 501(c)(3) | Detroit, MI | $6,792,234 |
| Maryland Capital Enterprises | 501(c)(3) | Salisbury, MD | $4,711,871 |
| Allies for Community Business (A4CB) | 501(c)(3) | Chicago, IL | $9,139,197 |
| JumpStart | 501(c)(3) | Cleveland, OH | $22,585,465 |
| Just Community / Andrew S White Sole MBR | 501(c)(3) | Austin, TX | $5,602,468 |
| Inquiring Systems | 501(c)(3) | Santa Rosa, CA | $6,271,136 |
| New Economics for Women | 501(c)(3) | Los Angeles, CA | $12,624,374 |
| Entrepreneur Educational Center | 501(c)(3) | Gardena, CA | $5,414,934 |
Data update history
January 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Updated personnel
Identified 2 new personnel
January 27, 2024
Updated personnel
Identified 5 new personnel
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Business and industry
Characteristics
MembershipsState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 504 Fair St SW
- Atlanta, GA 30313
- Metro area
- Atlanta-Sandy Springs-Alpharetta, GA
- County
- Fulton County, GA
- Website URL
- russellcenter.org/Â
- Phone
- (404) 572-6725
IRS details
- EIN
- 81-0727619
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2015
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 624190: Individual and Family Services
- Parent/child status
- Independent
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