Junction Business Services Inc
Junction Business Services Inc is based in Charlotte, North Carolina, and is listed as a public charity filing Form 990. It was formed in 2020. Through its NXT | CLT initiative, it supports emerging businesses with development resources, mentorship, and access to capital, with an emphasis in its stated mission on businesses owned by people of color.
Junction Business Services Inc at a glance
In short: Junction Business Services Inc gave $185K across 15 grants in 2024 (avg $12K). 100% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $185,000
- -19.6% vs 2023
- Grants made (2024)
- 15
- -6.3% vs 2023
- Average grant
- $12,333
- -14.2% vs 2023
- Median grant
- $10,000
- Total assets
- $452,848
- +7.1% vs 2023
- New grantees (estimate)
- 100% first-time grantees (15 of 15, 2024; small sample)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Junction Business Services Inc
- Contact
Mailing address: 9319 Robert D Snyder Rd Ste 403, Charlotte, NC 28223
Phone: (704) 961-8879
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Junction Business Services Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Angela & David Berry ($15K). Together the top 10 received $135K.
Grant Size Distribution
51 grants across all recorded years
The most common grant size was under $50K: 51 grants of 51 (100%).
Geographic Focus
Where this funder awards grants
The organization is based in Charlotte, North Carolina. NXT | CLT describes its work as serving entrepreneurs in the Charlotte metro and supporting the Charlotte business community.
Grant Distribution by State
States
Cities
Is Junction Business Services Inc open to new grantees?
100%
first-time grantees, 2024
In 2024, 15 of 15 grantees (100%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $12K. How we count
- 0% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−5%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $105K (2022) to $230K (2023). In 2024 it made 15 grants totaling $185K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Angela & David Berry | Financial Support for Operations | $15,000 |
| Khiana Morton | Financial Support for Operations | $15,000 |
| Kimberly McGregor | Financial Support for Operations | $15,000 |
| Kinglsey Ifedi | Financial Support for Operations | $15,000 |
| Leslie Ware | Financial Support for Operations | $15,000 |
| Trevonne & Marcus Cuffee | Financial Support for Operations | $15,000 |
| Vania Bredy | Financial Support for Operations | $15,000 |
| Avid Painting & Remodeling | Financial Support for Operations | $10,000 |
| Bernadette Joy LLC | Financial Support for Operations | $10,000 |
| Blueprint Consulting LLC | Financial Support for Operations | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $452,848 | $561,027 | $593,368 | $185,000 | 15 | — |
| 2023 | $422,689 | $509,603 | $711,360 | $230,000 | 16 | $3,321 |
| 2022 | $624,553 | $489,795 | $607,928 | $105,000 | 7 | $111 |
| 2021 | $742,686 | $1,121,099 | $382,387 | $195,000 | 13 | — |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
In its 2024 filing, the organization states that NXT | CLT strives to create an accessible pathway to success for high-potential small and medium-sized businesses owned by people of color, and to foster their growth through an ecosystem of support.
The initiative’s stated focus areas are leadership education, access to markets, and access to capital. Its website says cohort businesses may apply for possible grants, subject to assessments of need, assignment criteria, and timelines. Cohort XI materials describe a $50,000 grant pool that participating companies can pitch into based on demonstrated need.
Grantmaking
In 2024, Junction Business Services reported 15 grants totaling $185,000. Grant amounts ranged from $10,000 to $15,000, with a median of $10,000. The listed purposes were financial support for operations. Named business-entity recipients among the largest listed grants included Blueprint Consulting LLC, David Love Associates Inc, and Inspector Jalen LLC, each awarded $10,000. Other listed grants went to individual recipients.
The website describes grant opportunities for businesses participating in NXT | CLT cohorts; it does not provide a general application process for outside grant applicants.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists the following officers and directors, with the roles shown as “Member” except where noted: Mac Everett, Keva Walton, Cedric Thomas, Reginald Bean, Daniel Levine, Chris Elliot, Sharon Matthews, Natalie Williams, Anita Staton, and Terry Pickney, listed as “Member Acting Secretary.”
Junction Business Services Inc is led by Eric Lewis, Executive Director CEO since 2022 (on filings since 2021); none of the 17 officers listed in 2024 report compensation.
Officers on the 2024 filing
Eric Lewis
Executive Director CEO
Executive Director & CEO → Executive Director CEO, 2022
On filings since 2021
45 hrs/week
$39K (2021) → $0 (2024)
Greg Johnson
Board Chair
On filings since 2021
5 hrs/week
No compensation reported
Anita Staton
Member
Strategic Committee Chair → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Cedric Thomas
Member
Director → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Chris Elliot
Member
Finance Committee Chair → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Daniel Levine
Member
Director → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Derrick Davis
Vice Chair
On filings since 2021
3 hrs/week
No compensation reported
Keva Walton
Member
Director → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Mac Everett
Member
Director → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Natalie Williams
Member
Funding Committee Chair → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Reginald Bean
Member
Director → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Sharon Matthews
Member
Director → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Hal Levinson
Member
On filings since 2022
1 hr/week
No compensation reported
Kaniche Bennett
Member
On filings since 2022
1 hr/week
No compensation reported
Ryan Burkett
Member
On filings since 2022
1 hr/week
No compensation reported
Terry Pickney
Memberacting Secretary
On filings since 2022
1 hr/week
No compensation reported
William Haygood III
Member
On filings since 2022
1 hr/week
No compensation reported
Former officers (3)
- Former: Bridget-Anne Hampden (2021) — Director
- Former: Jason Wolf (2021) — Director
- Former: Paul Wetenhall (2021) — Director
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.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $124K, to Eric Lewis (Exec Director CEO).
Frequently asked questions about Junction Business Services Inc
How much does Junction Business Services Inc give each year?
Junction Business Services Inc gave $185K across 15 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $230K across 16 grants.
What is Junction Business Services Inc's typical grant size?
Junction Business Services Inc's median grant in 2024 was $10,000, and its average grant was $12,333, across 15 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Junction Business Services Inc that year got $12K on average.
Does Junction Business Services Inc give general operating support?
Not in 2024: none of the 15 grants with a stated purpose on Junction Business Services Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Financial Support for Operations" (15 grants).
Who are Junction Business Services Inc's largest grantees?
Junction Business Services Inc's largest 2024 grantees include Angela & David Berry ($15,000), Khiana Morton ($15,000) and Kimberly McGregor ($15,000), according to its 2024 IRS Form 990. Together they received 24% of its itemized 2024 grant dollars.
How large is Junction Business Services Inc?
Junction Business Services Inc reported $453K in total assets on its 2024 IRS Form 990. Its revenue that year was $561K.
What does Junction Business Services Inc fund?
In its 2024 filing, the organization states that NXT | CLT strives to create an accessible pathway to success for high-potential small and medium-sized businesses owned by people of color, and to foster their growth through an ecosystem of support. See mission & focus areas ↑
How do I apply for a grant from Junction Business Services Inc?
Junction Business Services Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
Where does Junction Business Services Inc make grants?
The organization is based in Charlotte, North Carolina. NXT | CLT describes its work as serving entrepreneurs in the Charlotte metro and supporting the Charlotte business community.
What is Junction Business Services Inc's EIN?
Junction Business Services Inc's EIN (Employer Identification Number) is 85-0657393. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 23, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2021–2024
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Figures come from Junction Business Services Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Junction Business Services Inc down — hundreds of funders to go?