Public Charity

Community Economic Advancement Initiative Inc

Community Economic Advancement Initiative Inc is a nonprofit organization categorized as Public Charity based in Cincinnati, OH. Its most recent IRS filing (2024) reports revenue of $19K, expenses of $211K, total assets of $1.0M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $183K.

EIN: 320468156 Cincinnati, OH Latest filing: 2024
Total Revenue$19K
Total Expenses$211K
Total Assets$1.0M
Grant Records5
Funding Total$183K
Filing Years2019–2024

Mission

Create and support social, economic and cultural development in the arts, education, recreation, employment and spirituality which enhance ownership, connection, caring & kinship in the African-American commun

Officers & Directors

Chairman Damon Lynch Iii
Secretary Kz Smith
Director Sil Watkins

Officer compensation and complete director data available with membership.

Top Grant Purposes

BUILD CAPACITY TO DISTRIBUTE FOOD
$82,867 1 grant
GENERAL PURPOSE
$66,000 2 grants
PROGRAMATIC SUPPORT
$19,000 1 grant
Program Operating Cost
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $19K $211K $1.0M
2023 $359K $301K $702K
2022 $292K $402K $658K
2021 $725K $270K $675K
2019 $248K $246K $87K

Between 2019 and 2024, reported annual revenue declined from $248K to $19K (-92%), with total assets most recently reported at $1.0M.

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

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