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Business Outreach Center Network INC

Public charityFed auditsIRS 990
DBA: % NANCY CARIN
Community Development · BROOKLYN, NY · EIN 11-3306111

About

Business Outreach Center Network's mission is to improve the economic prospects of traditionally underserved groups, with a focus on low- and moderate-income entrepreneurs and their communities, and thereby create genuinely brighter futures.

In care of Nancy Carin

Donations are tax-deductible
Category
Community Development
Employees
66
Volunteers
15

Financial Snapshot

FY ending 2023-06-30
Revenue
$3.9M
Expenses
$3.9M
Assets
$4.2M
Liabilities
$1.2M

Financial history

$5.4M$2.7M$0
1617181920212223
RevenueExpenses
Latest FY2023: $3.9M · Peak FY2022: $5.4M · Avg: $3.4M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
—
Lobbying
$36K
Grants Given
$354K
BUSINESS OUTREACH CENTER NETWORK INC
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Address

85 S Oxford ST 2ND Floor
Brooklyn, NY, 11217-160

Governance

Voting board members14
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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