Southern Capital Project
- Assets
- $136.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- Data as of
- 12/2023
- EIN
- 87-2676743
Organization Overview
Southern Capital Project is located in Little Rock, AR. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Capital Project is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Southern Capital Project generated $112.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $101.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OUR ORGANIZATION RECOGNIZES BUSINESS OWNERSHIP AS A CRITICAL PATHWAY TO WEALTH, AND WE CONDUCTED RESEARCH TO INFORM AND ADJUST OUR PROGRAMMING TO BETTER SERVE ENTREPRENEURS, PARTICULARLY WOMEN. THIS RESEARCH EXPLORES THE CHALLENGES AND SUCCESSES ENTREPRENEURS FACE WHEN NAVIGATING THE ENTREPRENEURIAL ECOSYSTEM. THE RESULTS OF THIS RESEARCH WILL BE SHARED WITH STAKEHOLDERS IN 2024 TO INFORM BEST PRACTICES FOR SUPPORTING WOMEN ENTREPRENEURS. WE ALSO BEGAN COLLABORATING WITH A LOCAL FINANCIAL INSTITUTION TO DEVELOP A FINANCIAL VEHICLE THAT ADDRESSES THE SPECIFIC BARRIERS FACED BY WOMEN ENTREPRENEURS AND ALIGNS MORE CLOSELY WITH THEIR BUSINESS NEEDS. THE ORGANIZATION ALSO IMPLEMENTED FOUNDATIONAL STRUCTURES AND PROCESSES THAT WILL SUPPORT THE LAUNCH OF NEW PROGRAMS AIMED AT PROVIDING WOMEN ENTREPRENEURS WITH GREATER ACCESS TO THE RESOURCES THEY NEED TO STRENGTHEN OR EXPAND THEIR BUSINESSES, INCLUDING EDUCATIONAL PROGRAMS AND NAVIGATION TO RESOURCES WITHIN THE ECOSYSTEM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyvin Benton Member | 1 | $0 | |
Kristy Carter Member | 1 | $0 | |
Holly Fish Member | 1 | $0 | |
Adriana Fuentes Member | 1 | $0 | |
Anna Beth Gorman Member | 1 | $0 | |
Joycelin Randle Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $88,780 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,525 |
| Total expenses | $101,305 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,852 |
| Other assets | $0 |
| Total assets | $136,852 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,852 |