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Nonprofit · EIN 87-1504608

BUILT2LAST INNOVATIONS LAB INC

Tax-exempt · DURHAM, NC 27701

Financials

$204K$234K2023
Revenue Expenses · by fiscal year end
Financials of BUILT2LAST INNOVATIONS LAB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$203,953$234,332-$30,379$66,757$0$66,757
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$203,953
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$119,439
Other salaries and wages
$38,265
Salaries, compensation and benefits (total)
$169,894
Professional fundraising fees
$0
Accounting fees
$1,000
Occupancy
$19,356
Program services (functional)
$215,760
Management and general (functional)
$18,572

Balance sheet and other

Total assets, start of year
$97,136
Total assets, end of year
$66,757
Total liabilities, end of year
$0
Net assets, end of year
$66,757
Net assets without donor restrictions
$66,757
Gross receipts
$203,953
Employees
3
Volunteers
26
Year formed
2021
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
DR JOYCE BLACKWELLEXECUTIVE DIRECTOR
Key employee
40$119,439
ANITA DANIELSCHAIR
Trustee or director, Officer
0.5$0
DEWARREN LANGLEYSECRETARY
Trustee or director, Officer
0.5$0
KURT MERRIWEATHERMEMBER
Trustee or director
0.5$0
DR ZAPHON WILSONMEMBER
Trustee or director
0.5$0
TOM DROEGEMEMBER
Trustee or director
0.5$0
0MEMBER
Trustee or director
0.5$0
DEBRA PARKERMEMBER
Trustee or director
0.5$0
JOHN BRYSONMEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
411 W CHAPEL HILL ST, DURHAM, NC 27701-3616
In care of
% BUILT2LAST DURHAM
Principal officer (990 for 2023)
ANITA DANIELS, 411 WEST CHAPEL HILL STREET SUITE C, DURHAM, NC 27701
Signed the 990
ANITA DANIELS, BOARD CHAIR
Phone
(919) 998-9747
Return prepared by
SOLESTINE M LANCASTER CPA

Mission

CREATE A MORE INCLUSIVE ENTREPRENEURIAL AND BUSINESS ECOSYSTEM IN DURHAM, WITH AN EMPHASIS ON WOMEN AND UNDERREPRESENTED MINORITY COMMUNITIES TO GAIN THE SKILLS AND EXPERIENCE NEEDED TO FULLY PARTICIPATE IN ECONOMIC PROPERITY.

990 for the year ended December 31, 2023

Program accomplishments

  • Provided entrepreneurial training workshops for Creative Artists Developed a Training and Technical Assistance Program Developed a Multichannel Communication and Strategy Plan to ensure that information on the support and resources available reaches mintorities Secured 18 volunteers to provide/facilitate training and workshops Provided Training to Childcare Entrepreneurs Hosted Financial Literacy Workshops for marginalized communites
    Expenses $215,760 · revenue $203,953

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-1504608
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$66,757
Income (IRS master file)
$203,953

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$203,953$234,332$66,757XML
990December 2022$301,805$204,771$97,136IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1504608).

Questions about BUILT2LAST INNOVATIONS LAB INC

What is the EIN of BUILT2LAST INNOVATIONS LAB INC?
The employer identification number (EIN) of BUILT2LAST INNOVATIONS LAB INC is 87-1504608.
Is BUILT2LAST INNOVATIONS LAB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to BUILT2LAST INNOVATIONS LAB INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BUILT2LAST INNOVATIONS LAB INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BUILT2LAST INNOVATIONS LAB INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUILT2LAST INNOVATIONS LAB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of BUILT2LAST INNOVATIONS LAB INC?
The 990 for the year ended December 31, 2023 names ANITA DANIELS.
Who are the officers and directors of BUILT2LAST INNOVATIONS LAB INC?
The 990 for the year ended December 31, 2023 lists 9 people; 1 received compensation from the organization, the highest $119,439 (DR JOYCE BLACKWELL, EXECUTIVE DIRECTOR).
How much revenue does BUILT2LAST INNOVATIONS LAB INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $203,953, expenses of $234,332 and total assets of $66,757 at year end.

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