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Village Micro Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471748802 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Village Micro Fund?

Village Micro Fund is a community-based nonprofit organization situated in Atlanta, Georgia, specifically at 1679 Olympian Way SW, 30310. Their primary mission is to empower local Black-owned businesses by offering educational resources, connections, and organizing events. This is achieved through their accelerator programs, cooperatives, and events. They have provided over 900,000 grants to these businesses and also offer technical support or additional grants as needed. The nonprofit boasts a team of five dedicated individuals.


Official website here: www.villagemicrofund.com

Is Village Micro Fund legitimate?

Village Micro Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Micro Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $73,853
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,926

For more financial information, click here


Official website here: www.villagemicrofund.com

What is the mission statement of Village Micro Fund?

Village Micro Fund serves as a community for local Black-owned businesses, primarily located on the westside of Atlanta. Their mission is to educate, connect, and organize this community through various initiatives, including an accelerator program, cooperatives, and events. The organization provides financial support in the form of grants, totaling over 900K, to these small businesses. Additionally, they offer technical assistance and grants to further support the growth and success of these businesses.


Official website here: www.villagemicrofund.com

Who is the CEO of Village Micro Fund?

Donte Miller is the Executive Director of Village Micro Fund.


Official website here: www.villagemicrofund.com

What is the revenue of Village Micro Fund?

Village Micro Fund's revenue in 2021 was $809,109.


Official website here: www.villagemicrofund.com

Who are the executives of Village Micro Fund and what are their salaries?

The average compensation at Village Micro Fund during 2021 was $55,756. There are 5 employees at Village Micro Fund.

Here are 2 key members and their salaries:

    Harriett Williams (Vice President)
  • Compensation: $75,000
  • Related: $0
  • Other: $0

    • Donte Miller (Executive Director)
  • Compensation: $20,417
  • Related: $0
  • Other: $0


  • Official website here: www.villagemicrofund.com

    Where can I find the form 990 for Village Micro Fund?

    The Village Micro Fund’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.villagemicrofund.com

    Learn more at the official website: www.villagemicrofund.com

    Mission Statement of Village Micro Fund

    Village Micro Fund is a community-based organization that focuses on educating, connecting, and organizing local Black-owned businesses situated in Atlanta. Their mission is to empower this community of businesses through their accelerator programs, cooperatives, and events. By providing grants, technical support, and resources, Village Micro Fund aims to foster growth and sustainability among these small businesses, ultimately contributing to the economic development and strengthening of the local community.

    Impact

    This information is meant to be a general summary of Village Micro Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Village Micro Fund has provided over $900,000 in grants to local small businesses in the Westside of Atlanta. They have also offered technical support and resources to help these businesses thrive. Their impact is seen in the growth and success of the local Black-owned businesses they support, contributing to the economic development and empowerment of the community. By educating, connecting, and organizing these businesses through their accelerator, cooperatives, and events, Village Micro Fund plays a vital role in building a strong and sustainable local economy.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $809,109

    • Assets and Liabilities:
  • Total Assets: $67,205
  • Total Liabilities: $4,722
  • Net Assets: $62,483
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Donte Miller

    Main Address

    1679 OLYMPIAN WAY SW, ATLANTA, GA, 30310

    NTEE Category

    Code: B02 - Education

    If you are a representative of Village Micro Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.