Louisiana Business Incubation Assoc
TO SUPPORT AND STRENGTHEN BUSINESS INCUBATION (BUSINESS START-UPS) IN LOUISIANA BY HELPING THE 20+ BUSINESS INCUBATORS IN THE STATE PROVIDE THE MOST EFFECTIVE HANDS-ON MANAGEMENT PRINCIPLES AVAILABLE TO HELP ACCELERATE THE GROWTH AND DEVELOPMENT OF NEW BUSINESSES, THEREBY CREATING NEW AND BETTER PAYING JOBS FOR THE CITIZENS OF LOUISIANA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$243K
+68.3% YoY
Annual Giving
$180K
+138.5% YoY
Grant Count
11
+175.0% YoY
Avg Grant Size
$16K
-13.3% YoY
About Louisiana Business Incubation Assoc
Based on IRS filings
Louisiana Business Incubation Assoc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BATON ROUGE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $243K in total assets. In 2024, it awarded 11 grants totaling $180K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $243,133 | $144,448 | $125,570 |
| Revenue | $202,559 | $95,938 | $69,437 |
| Expenses | $207,253 | $104,104 | $66,636 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Louisiana Business & Technology Center ($25,000), St Landry Parish Economic Development ($23,984), B1 Foundation ($23,379).
| Recipient | Purpose | Amount |
|---|---|---|
| DIXIE BUSINESS CENTER DENHAM SPRINGS, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $8,340 |
| COHABITAT FOUNDATION SHREVEPORT, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $14,976 |
| ANDRESS ARTIST AND ENTREPRENEUR CENTER SHREVEPORT, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $15,000 |
| B1 FOUNDATION BATON ROUGE, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $23,379 |
| ST LANDRY PARISH ECONOMIC DEVELOPMENT OPELOUSAS, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $23,984 |
| LSU INNOVATION PARK INCUBATOR BATON ROUGE, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $15,140 |
| SLEC BAYOU REGION INCUBATOR THIBODAUX, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $17,783 |
| SUNO SBDMI NEW ORLEANS, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $14,021 |
| LOUISIANA BUSINESS & TECHNOLOGY CENTER BATON ROUGE, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $25,000 |
| LOUISIANA TECHNOLOGY PARK BATON ROUGE, LA | SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES. | $17,337 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JESSICA SCHIELE | PRESIDENT | 6 | — |
| JASON BOUDREAUX | VICE PRESIDENT | 1 | — |
| VIC LAFONT | SECRETARY | 2 | — |
| KRISTI ELLIOTT | TREASURER | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Louisiana Business Incubation Assoc?
Louisiana Business Incubation Assoc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BATON ROUGE, LA. It holds $243K in total assets as of 2024.
How large is Louisiana Business Incubation Assoc?
As of 2024, Louisiana Business Incubation Assoc holds $243K in total assets with $203K in annual revenue. It awarded 11 grants totaling $180K in 2024.
Where does Louisiana Business Incubation Assoc operate?
Louisiana Business Incubation Assoc has awarded grants in Louisiana.
What size grants does Louisiana Business Incubation Assoc award?
In 2024, Louisiana Business Incubation Assoc awarded 11 grants totaling $180K — an average of about $16K per grant, based on its IRS Form 990 filings.
What is Louisiana Business Incubation Assoc's EIN?
Louisiana Business Incubation Assoc's EIN (Employer Identification Number) is 20-2249722. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Louisiana Business Incubation Assoc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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