irs program accomplishments · form 990 part iii · fy2025
What they reported doing
- #1 primary $51KNextGen Supplier Development - is a procure local program created to support entrepreneurs between the ages of 18-38, focusing on addressing the unique challenges faced by entrepreneurs of color. It offers interactive curriculum and hands-on training with industry leaders, teaching business operations, decision-making, sustainable growth strategies, professional development, M/WBE certifications, and insights into supply chain, procurement, and vendor relationships.
- #2 $118KBRIDGING THE GAP BETWEEN POLICY & CULTURE - PROVIDE FORUMS FOR THOSE WE SERVE, TO OBTAIN ADVICE ASSISTANCE & EDUCATION ON CURRENT CRITICAL ISSSUES INCREASING DIVERSITY & ALLIEDSHIP BETWEEN THE CIVIC & CULTURAL COMMUNITIES SEVERAL HUNDRED SERVED - SEVERAL HUNDRED SERVED
named programs · 3 · from sources
What they call their work
Bridging the Gap Between Policy & Culture
Forum-based initiative providing advice, assistance, and education on critical issues to increase diversity and alliedship between civic institutions and cultural communities.
Economic Development
Program to foster entrepreneurial ideas among young people of color, providing education in equitable economic policy, financial literacy, and access to capital to support generational wealth building.
NextGen Supplier Development
Procure-local program offering interactive curriculum and hands-on training for entrepreneurs aged 18–38 of color, covering business operations, M/WBE certification, supply chain, and sustainable growth strategies with industry leaders.
activities · 3 groups
What they do
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Financial Literacy Education Programs 1 activity
- Equitable economic policy and financial literacy educationProvides financial literacy and equitable economic policy education to several hundred entrepreneurs of color annually to promote business development and generational wealth building.
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Cultural Exchange and Community Integration Events 1 activity
- Forums on policy and cultural issuesHosts forums that provide advice, assistance, and education on critical policy and cultural issues to strengthen diversity and foster alliedship between civic and cultural communities, serving several hundred individuals.
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MWBE Certification and Contract Access Support 1 activity
- NextGen Supplier Development programOperates a training program for entrepreneurs of color aged 18-38, delivering an interactive curriculum and hands-on instruction in business operations, M/WBE certifications, and supply chain procurement.
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financials · form 990 · fy2025
revenue
Total revenue$537K
Contributions & grants$537K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$524K
Program expenses64%
Admin / overhead20%
Fundraising15%
Salaries & benefits$89K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$63K
Cash$14K
Investments$0
Liabilities$0
Net assets$63K
Liquid reserves0.3 mo
5 years on record · 2021–2025 · YoY revenue +34.0%
leadership · form 990 part vii · fy2025
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| DANIEL LLOYD | PRESIDENT | 40 | $67K |
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Culture and Policy Bridging for Institutional Inclusionmethodology: policy-culture_bridgingBy creating forums that connect civic institutions and cultural communities, we increase diversity and alliedship, because shared understanding of policy and cultural issues fosters systemic inclusion and collective action.
- Targeted Entrepreneur Support to Overcome Systemic Barriersmethodology: procure_localBy providing business training and certification support to young entrepreneurs of color, we increase their procurement and supply chain access, because targeted capacity-building addresses systemic inequities in economic opportunity.