Public Charity

LOUISIANA BUSINESS INCUBATION ASSOCIATIO

LOUISIANA BUSINESS INCUBATION ASSOCIATIO is a Public Charity headquartered in BATON ROUGE, LA. Financial data from the 2025 filing: $214K revenue, $236K expenses, $234K total assets. IRS filings disclose 59 grants awarded by this foundation, totaling roughly $1.2M.

EIN: 202249722 BATON ROUGE, LA Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2025
Total Revenue$214K
Total Expenses$236K
Total Assets$234K
Grants Given59
Grant Total$1.2M
Filing Years2021–2025

Mission

TO SUPPORT AND STRENGTHEN BUSINESS INCUBATION (BUSINESS START-UPS) IN LOUISIANA BY HELPING THE 20+ BUSINESS INCUBATORS IN THE STATE PROVIDE THE MOST EFFECTIVE HANDS-ON MANAGEMENT PRINCIPLES AVAILABLE TO HELP ACCELERATE THE GROWTH AND DEVELOPMENT OF NEW BUSINESSES, THEREBY CREATING NEW AND BETTER PAYING JOBS FOR THE CITIZENS OF LOUISIANA.

Where $100 goes at Louisiana Business Incubation Associatio

How Louisiana Business Incubation Associatio divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$84 Programs the work itself
$16 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $84 for programs

$84
Lbia, under a cooperative agreement (cea) with the louisiana department of economic development (led), administers a grant program entitled led/lbia business incubator support program
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

SOUTHEAST LOUISIANA BUSINESS CENTER
HAMMOND, LA · 2024
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$25,000
BATON ROUGE, LA · 2024
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$25,000
DENHAM SPRINGS, LA · 2024
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$23,554
THIBODAUX, LA · 2024
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$23,071
ENTERPRISE CENTER AT LA TECH
RUSTON, LA · 2024
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$18,929

Showing up to 5 of 59 total records — full history available with membership.

Officers & Directors

PRESIDENT Jason Boudreaux
SECRETARY Kathy Wyatt
TREASURER Kristy Elliott
VICE PRESIDENT Will Campbell

Officer compensation and complete director data available with membership.

Top Grant Purposes

Youth Development
$1,179,105 59 grants

Financial Trends

Year Revenue Expenses Assets
2025 $214K $236K $234K
2024 $203K $207K $243K
2023 $96K $104K $144K
2022 $69K $67K $126K
2021 $187K $183K $173K

Between 2021 and 2025, reported annual revenue grew from $187K to $214K (+14%), with total assets most recently reported at $234K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in LA.

LA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for LOUISIANA BUSINESS INCUBATION ASSOCIATIO

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