Overview
What is Generating Income For Tomorrow?
Generating Income For Tomorrow, based in Kansas City, Missouri, is a nonprofit organization with a mission to support and uplift Black-owned businesses, particularly those operating in economically disadvantaged areas. Through initiatives like the Gift Grant Program, they have provided funding to 21 such businesses, resulting in the creation of 35 new jobs. Additionally, they have spearheaded fundraising events, such as the Give Black KC fundraiser, contributing over $106,000 to their cause. By assisting these businesses, Generating Income For Tomorrow aims to transform economically challenged areas into zones of opportunity, thereby contributing to the local community's overall economic growth.
Official website here: www.kansascitygift.org
Is Generating Income For Tomorrow legitimate?
Generating Income For Tomorrow is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generating Income For Tomorrow 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: $200,712
Professional Fundraising Fees: $21,372
Other Salaries and Wages: $13,360
For more financial information, click here
Official website here: www.kansascitygift.org
What is the mission statement of Generating Income For Tomorrow?
Generating Income For Tomorrow's mission is to offer assistance to black-owned businesses, with a particular focus on those operating in low-income areas. The primary goal is to foster job creation and transform an economically disadvantaged area into a zone of economic opportunity. Through initiatives like the Gift Grant Program, they have provided funding to 21 black-owned businesses, leading to the creation of 35 new jobs. Additionally, the Give Black KC fundraiser has enabled the contribution of over $106,000 in funding.
Official website here: www.kansascitygift.org
Who is the CEO of Generating Income For Tomorrow?
Ryonda Hall is the Treasurer of Generating Income For Tomorrow. The CEO's salary of Generating Income For Tomorrow is $74,539 and their total compensation is $74,539.
Official website here: www.kansascitygift.org
What is the revenue of Generating Income For Tomorrow?
Generating Income For Tomorrow's revenue in 2022 was $1,133,745.
Official website here: www.kansascitygift.org
Who are the executives of Generating Income For Tomorrow and what are their salaries?
- Brandon D Calloway (Chief Executive Officerco Fo)
- Cornell Gorman (Chief Operating Officerco Fo)
- Karis Harrington (Executive Board Member)
- Ryonda Hall (Treasurer) [Trustee/Director]
- Cynthia Benbow (Officer) [Trustee/Director]
- Deshawn Burton (Officer) [Trustee/Director]
- Antonia Uwaeke (Officer) [Trustee/Director]
- Djuan Love (Officer) [Trustee/Director]
- Eze Redwood (Officer) [Trustee/Director]
- Ricky Leathers (Officer) [Trustee/Director]
- Tonika Brockman (Officer) [Trustee/Director]
Official website here: www.kansascitygift.org
Where can I find the form 990 for Generating Income For Tomorrow?
The Generating Income For Tomorrow’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.kansascitygift.org
Learn more at the official website: www.kansascitygift.org
Mission Statement of Generating Income For Tomorrow
Generating Income For Tomorrow, a nonprofit organization, is committed to aiding black-owned businesses in Kansas City, with a particular focus on enterprises that operate within low-income areas. Their primary objective is twofold: to create more job opportunities and transform an economically disadvantaged area into a zone of economic prosperity. The organization implements this mission by providing assistance to these businesses, which ultimately contributes to the revitalization of the community.
One of the ways Generating Income For Tomorrow accomplishes its mission is through its grant program. This program has awarded funding to 21 different black-owned businesses, leading to the creation of 35 new jobs. By supporting these businesses, the organization is not only helping to establish a stronger local economy but also empowering entrepreneurs and contributing to the community's overall growth.
Another initiative taken by Generating Income For Tomorrow is the Give Black KC fundraiser. This event has successfully raised over $106,000 in funding, further supporting black-owned businesses and their efforts to thrive in the community. By investing in these businesses, the organization is actively working to address economic disparities and foster a more inclusive and prosperous community.
Impact
This information is meant to be a general summary of Generating Income For Tomorrow. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Generating Income For Tomorrow's impact is evident in the transformation of economically disadvantaged areas in Kansas City into zones of economic opportunity. By providing assistance to Black-owned businesses operating in low-income areas, this organization has successfully created new jobs and revitalized local economies. Through initiatives like the Gift Grant Program and the Give Black KC fundraiser, Generating Income For Tomorrow has not only empowered 21 Black-owned businesses but also contributed over $106,000 in funding towards their growth and success. This direct support has resulted in the creation of 35 new jobs and the establishment of valuable business center resources, further solidifying the organization's commitment to community improvement.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2020
Principal Officer
Ryonda Hall
Main Address
5008 PROSPECT AVE, KANSAS CITY, MO, 64130
Website
www.kansascitygift.org
NTEE Category
Code: S12 - Community improvement
If you are a representative of Generating Income For Tomorrow 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.