Public Charity

Center on Business and Poverty Inc

Based in FRANKLIN, TN, Center on Business and Poverty Inc operates as a Public Charity. The organization reported $576K in revenue, $475K in expenses, $119K in total assets for fiscal year 2024. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $65K.

EIN: 205282816 FRANKLIN, TN Adult Education NTEE: B60 Latest filing: 2024

Total Revenue$576K

Total Expenses$475K

Total Assets$119K

Grant Records4

Funding Total$65K

Filing Years2020–2024

Mission

The Center on Business and Povertys mission is to alleviate poverty through: Financial Literacy improving the financial wellness of employees through training programs and the measurement of an individuals financial well-being. Employee Ownership and Participatory Capitalism supporting companies in creating and launching employee ownership. Entrepreneurship and Creating Jobs Working with and training company executives to embrace financial literacy training employee ownership and creating jobs in low-income communities.

Where $100 goes at Center on Business and Poverty Inc

How Center on Business and Poverty Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$77 Programs the work itself

$23 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 $77 for programs

$38

Employee Ownership

49% of program spending

$31

The Gail Project

41% of program spending

Financial Literacy

10% of program spending

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

HOUSING MINISTRIES OF AMERICAN BAPTISTS IN WISCONSIN CORPORATION

2024

PROMOTE BUSINESS IN WISCONSIN

$20,000

HOUSING MINISTRIES OF AMERICAN BAPTISTS IN WISCONSIN CORPORATION

2023

PROMOTE BUSINESS IN WISCONSIN

$20,000

HEARTLAND CHARITABLE TRUST

2018

SOCIAL SERVICES / SOCIAL BENEFITS

$25,000

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

Director Carmen Porco

Director Frank Cumberbatch

Director Geetha Tharmaratnam

Director Ijeoma Agboti-Obatoyinbo

Director Imruwa Demissie

Director Isi Gbandi

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development

$40,000 2 grants

Human & Social Services

$25,000 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2024	$576K	$475K	$119K
2023	$254K	$264K	$-42K
2022	$85K	$196K	$27K
2021	$20K	$4K	$18K
2020	$88K	$150K	$3K

Between 2020 and 2024, reported annual revenue grew from $88K to $576K (+555%), with total assets most recently reported at $119K.

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

See the full picture for Center on Business and Poverty Inc

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports