Community Economic Advancement Initiative Inc
Create and support social, economic and cultural development in the arts, education, recreation, employment and spirituality which enhance ownership, connection, caring & kinship in the African-American commun
Key facts about Community Economic Advancement Initiative Inc
- EIN
- 32-0468156
- Latest 990 filing
- Form 990 filing, 2024
- Total assets
- $1,037,586
Data from IRS Form 990 filing, 2024; updated September 2026.
Next steps with Community Economic Advancement Initiative Inc
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Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$1.0M
+47.9% YoY
Revenue
$19K
-94.8% YoY
Net Investment Income
$1K
Expenses
$211K
-29.8% YoY
About Community Economic Advancement Initiative Inc
Based on IRS filings
Community Economic Advancement Initiative Inc is a nonprofit organization focused on Crime & Legal Related, based in Cincinnati, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.0M in total assets. Net investment income was $1K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,037,586 | $701,622 | $658,390 |
| Revenue | $18,702 | $358,840 | $291,912 |
| Expenses | $211,275 | $301,060 | $401,967 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,376 | — | $110,039 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Community Economic Advancement Initiative Inc is led by Damon Lynch III, Chairman on every filing since 2021; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Damon Lynch III
Chairman
On filings since 2021
No compensation reported
Sil Watkins
Director
On filings since 2021
20 hrs/week
No compensation reported
Kz Smith
Secretary
On filings since 2021
No compensation reported
Former officers (7)
- Former: Angie Fairbanks (2021–2023) — Director
- Former: Eugene Ellington Mpa (2021–2023) — Presidentceo
- Former: Jerry Culbreath (2021–2023) — Director
- Former: Kristen Kitchen (2021–2023) — Director
- Former: Larry Burnett (2021–2023) — Treasurer
- Former: Amber Kelly (2022–2023) — Director
- Former: Iris Roley (2021) — Cochairman
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Community Economic Advancement Initiative Inc?
Community Economic Advancement Initiative Inc is a nonprofit organization focused on Crime & Legal Related, based in Cincinnati, OH. It holds $1.0M in total assets as of 2024.
How large is Community Economic Advancement Initiative Inc?
As of 2024, Community Economic Advancement Initiative Inc holds $1.0M in total assets with $19K in annual revenue.
What is Community Economic Advancement Initiative Inc's EIN?
Community Economic Advancement Initiative Inc's EIN (Employer Identification Number) is 32-0468156. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated September 2026. Sourced from IRS Form 990 filings.