Public Charity

Entrepreneur Development Center - Southwest Tennessee

Entrepreneur Development Center - Southwest Tennessee is a nonprofit organization categorized as Public Charity based in Jackson, TN. Its most recent IRS filing (2025) reports revenue of $916K, expenses of $1.1M, total assets of $1.0M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $1.8M.

EIN: 455186181 Jackson, TN Small Business Development NTEE: S43 Latest filing: 2025
Total Revenue$916K
Total Expenses$1.1M
Total Assets$1.0M
Grant Records7
Funding Total$1.8M
Filing Years2021–2025

Mission

The Entrepreneur Development Center assists aspiring small business owners by providing education, mentoring, training and knowledge to assist them in their quest to become entrepreneurs. Entrepreneurship can do more than just create jobs; it can create new ways to address the challenges that reside in our community. Our mission is to connect entrepreneurs with the critical resources they need to create, build and grow their businesses. These critical resources are experienced mentors, capital, training, knowledge and a supportive community. Related programs to this mission include a coding academy for high school students; funding for medical device research activities for local physcians; and a local life style magazine focused toward community opportunities and business.

Where $100 goes at Entrepreneur Development Center - Southwest Tennessee

How Entrepreneur Development Center - Southwest Tennessee divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$5 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 $95 for programs

$94
The Entrepreneur Development Center assists aspiring small business owners by providing education, mentoring, training and knowledge to assist them in their quest to become entrepreneurs
99% of program spending
$1
Driving Innovation
1% of program spending
<$1
Provide coding education and training for high school students including exploration of the opportunities available in this area as a career
About 0% (cost not reported)

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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 Received

2024
NETWORK PARTNERS, SURVEY STIPEND, INTERN STIPEND
$255,000
2023
NETWORK PARTNER, INTERN STIPEND
$282,200
2022
PROGRAM EXPENSES FOR NETWORK PARTNERS, INTERNSHIP STIPEND
$304,320
2021
PROGRAM EXPENSES FOR ENTREPRENEUR CENTER
$220,000
2020
PROGRAM EXPENSES FOR ENTREPRENEUR CENTER
$220,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

Director Austin Thompson
Chairman Ben Ferguson
COO Ben Harris
Director Kevin Adelsberger
CEO Lisa Garner
Director Lisa Piercey

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$965,004 4 grants
Education
$841,520 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $916K $1.1M $1.0M
2024 $799K $653K $1.1M
2023 $640K $605K $945K
2022 $611K $749K $910K
2021 $716K $874K $1.3M

Between 2021 and 2025, reported annual revenue grew from $716K to $916K (+28%), with total assets most recently reported at $1.0M.

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

See the full picture for Entrepreneur Development Center - Southwest Tennessee

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