EIN 47-4318779

Grid110

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
2015
Most recent tax filings
2022-12-01
Description
Grid110 connects early-stage entrepreneurs in Los Angeles to mentoring and critical resources through free programs, with a mission of creating clearer pathways to success. The organization has facilitated two business accelerator cohorts, including one specifically for South LA founders and another for historically underrepresented entrepreneurs. The focus is on activating community and helping entrepreneurs realize sustainable growth paths.
Total revenues
$626,792
2022
Total expenses
$703,209
2022
Total assets
$155,027
2022
Num. employees
6
2022

Program areas at Grid110

Residency program: facilitated 1 business accelerator cohort (15 total companies), providing them with access to free mentoring and critical business resources for 3 months. This program focused on historically underrepresented entrepreneurs (black, latinx, aapi, women) across los angeles and increasing their business accumen and access to capital.
Community programs: supported over 100 previous program participants (alumni) through office hours, events, workshops. Also supported over 1500 entrepreneurs through external community events that were open to the public.
Pledgela fund for south la founders program: facilitated 1 business accelerator cohort (20 total companies), providing them with access to free mentoring and critical business resources for 3 months. This program specifically focused on supporting black and latinx entrepreneurs in south/south central los angeles and increasing their access to capital.

Who funds Grid110

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Conrad N. Hilton FoundationFor Training and Support Costs Associated With the Fund for South La Founders$50,000
Village CapitalFinancial Support for Early-Stage Social Venture Committed To Promoting Equity and Economic Well-Being.$30,000

Personnel at Grid110

NameTitleCompensation
Miki ReynoldsExecutive Director and Chief Executive Officer / Chief Executive Officer / Executive Director and Chief Financial Officer / President$114,361
Ashumi ShippeeChief Financial Officer$0
Shrina KuraniExecutive Director
Elisabeth TuttassHead of Community
Carolyn JonesProgram Director
...and 3 more key personnel

Financials for Grid110

RevenuesFYE 12/2022
Total grants, contributions, etc.$626,792
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$626,792

Form 990s for Grid110

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-10-31990View PDF
2020-122021-11-11990View PDF
2019-122021-04-02990View PDF
2018-122019-11-01990View PDF
...and 1 more Form 990
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 7, 2024
Updated personnel
Identified 1 new personnel
December 26, 2023
Received grants
Identified 2 new grant, including a grant for $50,000 from Conrad N. Hilton Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Employment organizationsBusiness and community development organizationsCharities
Issues
EducationHuman servicesJobs and employmentBusiness and industry
Characteristics
Receives government fundingTax deductible donations
General information
Address
360 E 2nd St 800
Los Angeles, CA 90012
Metro area
Los Angeles-Long Beach-Anaheim, CA
Website URL
grid110.org/ 
Phone
(424) 257-0289
IRS details
EIN
47-4318779
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Independent
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