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  4. The Foundry / Net Positive Inc
EIN 46-2666977

The Foundry / Net Positive Inc

IRS 501(c) type
501(c)(3)
Num. employees
23
City
Buffalo
State
New York
Year formed
2013
Most recent tax filings
2023-12-01
NTEE code, primary
P80: Services to Promote the Independence of Specific Population Groups
Description
The Foundry / Net Positive Inc empowers individuals through hands-on learning, entrepreneurship, and access to private space, equipment, and business assistance.
Also known as...
Net Positive
Total revenues
$913,103
2023
Total expenses
$532,305
2023
Total assets
$1,103,025
2023
Num. employees
23
2023

Program areas at The Foundry / Net Positive Inc

Education, empowerment, and employment: The Foundry works with on average, 200 students, to explore various career paths, hands-on skill-building and new digital literacies through STEAM (Science, Technology, Engineering, the Arts, and Mathematics) sessions in our shops and labs, job training partnerships (Baker-Victory Services, Youth Build), part time employment at the Foundry, job shadowing with Foundry entrepreneurs, and youth entrepreneurship programs.
Community Workshops offer hands-on classes in woodshop, metal shop, textile, and tech labs are offered to adults where they can learn more or use tools for projects.
Small business incubation: The Foundry believes that creating the entrepreneurs, youth entrepreneurship programs, opportunities and conditions necessary for self-sufficiency and economic stability promotes a healthier community. This past year we provided 26 spaces for business incubation by providing affordable rental space, connections to mentoring, business classes or workshops, and connections to local support services.

Who funds The Foundry / Net Positive Inc

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Foundation 214Charitable$125,000
First Niagara FoundationWorkforce Development$100,000
Community Foundation for Greater Buffalo (CFGB)Charitable Support. Any Restrictions Have Been Communicated To the Grantee.$47,500
...and 8 more grants received

Personnel at The Foundry / Net Positive Inc

NameTitleCompensation
Megan McNallyExecutive Director$47,848
Melissa RechinDevelopment Director
Emma Brittain HardyOffice Manager
Kevin ZannerSecretary$0
Scott CassetyTreasurer$0
...and 3 more key personnel

Financials for The Foundry / Net Positive Inc

RevenuesFYE 12/2023
Total grants, contributions, etc.$745,639
Program services$158,036
Investment income and dividends$9,428
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$913,103

Form 990s for The Foundry / Net Positive Inc

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-01990View PDF
2022-122023-05-13990View PDF
2021-122022-05-02990View PDF
2020-122021-05-28990View PDF
2019-122021-02-05990View PDF
...and 5 more Form 990s

Organizations like The Foundry / Net Positive Inc

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Diverse Ability IncorporatedPhoenix, AZ$703,745
LandforcePittsburgh, PA$762,012
Beyond Basic Life SkillsSummerville, SC$804,019
DiversabilityBend, OR$453,191
OptiMentalityLaguna Niguel, CA$779,597
The Center for Living Independently in the CnmiSaipan, MP$463,964
Center for Independent Living of North Central FloridaGainesville, FL$2,411,390
Pilot Dogs AllowayColumbus, OH$4,399,506
On My OwnNevada, MO$4,085,716
Pathways to Independence / Office of Special SRVCS Kearny HSKearny, NJ$3,764,125
Data update history
November 25, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from New York Academy of Medicine (NYAM)
September 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Updated personnel
Identified 1 new personnel
July 9, 2024
Received grants
Identified 3 new grant, including a grant for $28,000 from United Way of Buffalo and Erie County
December 26, 2023
Received grants
Identified 4 new grant, including a grant for $125,000 from Foundation 214
Nonprofit Types
Employment organizationsHuman service organizationsCharities
Issues
Human services
Characteristics
Partially liquidatedReceives government fundingTax deductible donations
General information
Address
298 Northampton St
Buffalo, NY 14208
Metro area
Buffalo-Cheektowaga, NY
County
Erie County, NY
Phone
(716) 885-1381
IRS details
EIN
46-2666977
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P80: Services to Promote the Independence of Specific Population Groups
NAICS code, primary
624310: Vocational Rehabilitation Services
Parent/child status
Independent
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