Business Outreach Center Network Inc
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.
Key facts about Business Outreach Center Network Inc
In short: Business Outreach Center Network Inc gave $358K across 2 grants in 2025 (avg $179K), mostly in New York. Source: 2025 IRS Form 990.
- EIN
- 11-3306111
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $357,979
- Grants made (2025)
- 2
- Average grant
- $178,990
- Median grant
- $178,990
- Total assets
- $5,758,278
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$5.8M
+28.1% YoY
Annual Giving
$358K
-19.8% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$179K
+100.5% YoY
How Business Outreach Center Network Inc gives
- Giving held roughly steady from 2022 to 2025 (−16%). Method
From the foundation's IRS Form 990 filings. Methodology.
About Business Outreach Center Network Inc
Based on IRS filings
Business Outreach Center Network Inc is a public charity focused on Community Improvement & Capacity Building, based in Brooklyn, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.8M in total assets. In 2025, it awarded 2 grants totaling $358K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $109K (2020) to $446K (2024). In 2025 it made 2 grants totaling $358K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Columbia University ($308K). Together the top 2 received $358K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 11 grants of 24 (46%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Columbia University New York, NY | Ascend NY and MBDA CRP subawards | $307,979 |
| BOC Capital Corp Brooklyn, NY | Ascend NY subaward | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,758,278 | $4,495,997 | $4,156,439 |
| Revenue | $6,757,451 | $4,820,833 | $3,858,980 |
| Expenses | $5,363,365 | $4,382,652 | $3,856,012 |
| Net Investment Income | — | $12,437 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 5, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS April 18, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS June 5, 2020)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Business Outreach Center Network Inc is led by Nancy Carin, Executive Director since 2020 (on filings since 2019); 9 of 22 officers listed in 2025 are compensated.
Officers on the 2025 filing
Nancy Carin
Executive Director
Board Member & Executive Director → Executive Director, 2020
On filings since 2019
28 hrs/week
$153K (2019) → $250K (2025)
Gregory J Libertiny
Chairman
Co-Chair & Treasurer → Co-Chair, 2021
Co-Chair → Chairman, 2024
On filings since 2019
2 hrs/week
No compensation reported
Quincy Ely-Cate
Program Director
On filings since 2020
40 hrs/week
$73K (2020) → $99K (2025)
Roxanne Neilson
Program Director
On filings since 2020
40 hrs/week
$77K (2020) → $125K (2025)
Bijal N. Vira
Director
Board Member → Director, 2023
On filings since 2019
1.5 hrs/week
No compensation reported
Daniel Liu
Director
Board Member → Director, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
David Acevedo
Director
Board Member → Director, 2023
On filings since 2019
1 hr/week
No compensation reported
Eileen V Thornton
Director
Board Member → Director, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Walter Sweet
Director
Secretary → Director, 2023
On filings since 2019
1 hr/week
No compensation reported
Victor Salama
Director
Member Director → Director, 2025
On filings since 2021
0.5 hrs/week
No compensation reported
Erika Wesley
Director
On filings since 2023
0.5 hrs/week
No compensation reported
John Rooney
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Yiye Charles Zhou
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Elena Zikuss
CFO
Chief Financial Officer → CFO, 2020
On filings since 2019
31 hrs/week
$114K (2019) → $168K (2025)
Rodney Santiago
Cpo
Chief Program Officer → Cpo, 2020
On filings since 2019
23 hrs/week
$102K (2019) → $186K (2025)
Alexandr Mesonzhnik
Senior Account Manager
On filings since 2021
33 hrs/week
$102K (2021) → $118K (2025)
John Frias
Senior Program Manager
On filings since 2022
40 hrs/week
$87K (2022) → $85K (2025)
Lauren Evans
Senior Program Manager
On filings since 2022
6 hrs/week
$103K (2022) → $107K (2025)
Ryan Widenhouse
Manager of Lending
New on the 2025 filing
21 hrs/week
$106K (2025)
Kunal Verma
Treasurer
Board Member → Treasurer, 2021
On filings since 2019
2 hrs/week
No compensation reported
Leslie Winter
Board Emeritus
President → Co-Chair, 2020
Co-Chair → Board Emeritus, 2024
On filings since 2019
1.5 hrs/week
No compensation reported
Michael Mueller
Secretary
Board Member → Secretary, 2023
On filings since 2019
1.5 hrs/week
No compensation reported
Former officers (8)
- Former: Delia A. Awusi (2020–2024) — Program Director
- Former: Nicole Roco (2019–2022) — Board Member
- Former: Nkonye Okoh (2019–2022) — Board Member
- Former: Kwok C. Chu (2022) — Program Manager
- Former: Katherine Parks (2020) — Program Manager
- Former: Dennis Reeder (2019) — Member Director
- Former: Kevin Brady (2019) — Board Member
- Former: Steven Gomez (2019) — Member Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $250K, to Nancy Carin (Exec. Director). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Business Outreach Center Network Inc
How much does Business Outreach Center Network Inc give each year?
Business Outreach Center Network Inc gave $358K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $446K across 5 grants.
How large is Business Outreach Center Network Inc?
Business Outreach Center Network Inc reported $5.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.8M.
What is Business Outreach Center Network Inc?
Business Outreach Center Network Inc is a public charity focused on Community Improvement & Capacity Building, based in Brooklyn, NY. It holds $5.8M in total assets as of 2025.
Where does Business Outreach Center Network Inc operate?
Business Outreach Center Network Inc has awarded grants in New York.
What is Business Outreach Center Network Inc's EIN?
Business Outreach Center Network Inc's EIN (Employer Identification Number) is 11-3306111. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Business Outreach Center Network Inc by hand.
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