Mission
Genesis Block Foundation advances entrepreneurship in underrepressented communities by reducing barriers to acces in support of equity in entrepreneurship.
Public Charity
Genesis Block Foundation Inc
Genesis Block Foundation Inc, of Wilmington, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $281K in revenue, $151K in expenses, $153K in total assets. 5 publicly reported grants to this organization, totaling roughly $316K, appear in IRS filings.
EIN: 852618849
Wilmington, NC
Latest filing: 2024
Total Revenue$281K
Total Expenses$151K
Total Assets$153K
Grant Records5
Funding Total$316K
Filing Years2021–2024
Sample Grants Received
General support for programs, operations, and other charitable purposes
$200,000
PROGRAM SUPPORT
$7,500
COMMUNITY OUTREACH
$7,500
Advancing Entrepreneurship in underrepresented communities by ensuring support for resources and programs that reduce the barriers to entrepreneurship, supporting early stage entrepreneurs, small business owners and those ready to strengthen their business venture.This grant will support entrepreneur trainings, workshops, and business model development.
$26,200
FOR RECIPIENT'S EXEMPT PURPOSE
$75,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
Board Chair
Amy Sullivan
Board Member
April Scott
Board Member
Girard Newkirk
Board Member
Jerry Coleman
Vice Chair
Khaliah Olokunola
Board Member
Ned Marable
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $281K | $151K | $153K |
| 2023 | $255K | $274K | — |
| 2022 | $109K | $75K | $40K |
| 2021 | $111K | $105K | $6K |
Between 2021 and 2024, reported annual revenue grew from $111K to $281K (+154%), with total assets most recently reported at $153K.
Interactive year-over-year charts and full filing details available with membership.