ECONOMIC GROWTH BUSINESS INCUBATOR

EIN: 900128899 501(c)(3) Education

AUSTIN, TX

Total Revenue
$689,268
Total Expenses
$579,562
Total Assets
$431,227
Net Assets
$388,288
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
TX
Principal Officer
LARISSA DAVILA
Phone
5129282594
Tax Period
2025-01-01 to 2025-12-31

ECONOMIC GROWTH BUSINESS INCUBATOR, founded in 2004, is a small nonprofit in the Education sector that reported $689K in total revenue in fiscal year 2025. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $110K, a strong 16% operating margin.

Mission

EGBI PROVIDES TRAINING, COACHING, AND SUPPORT TO ASPIRING AND EXISTING BUSINESS OWNERS WHO FACE BARRIERS TO GROWING A SUCCESSFUL BUSINESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $424,652
Program Service Revenue $216,832
Investment Income $4,487
Other Revenue $43,297
TOTAL REVENUE $689,268

Expense Breakdown

Grants Paid $0
Salaries & Benefits $470,092
Fundraising Expenses $36,600
Program Expenses $472,498
Other Expenses $109,470
TOTAL EXPENSES $579,562

Year-over-Year Comparison

2025 2024 Change
Revenue $689,268 $406,170 +0.7%
Expenses $579,562 $585,070 0.0%
Net Income $109,706 $-178,900 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
8
Volunteers
65

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$87,825
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL CUMMINGS BOARD CHAIR 1.00
Officer Director
$0 $0 $0
ELSA REYES VICE CHAIR 1.00
Officer Director
$0 $0 $0
EDUARDO MIRAMONTES TREASURER 1.00
Officer Director
$0 $0 $0
DANIEL BENNETT SECRETARY 1.00
Officer Director
$0 $0 $0
YOLANDA DAVILLA BOARD MEMBER 1.00
Director
$0 $0 $0
LUIS DELGADO BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA RAMOS JAMES BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE LANCASTER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT SHIPMAN BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
EDWIN TREVINO BOARD MEMBER 1.00
Director
$0 $0 $0
LARISSA DAVILA EXECUTIVE DIRECTOR 40.00
Officer
$82,354 $5,471 $87,825
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $689,268 $579,562 $431,227 $109,706
2024 $406,170 $585,070 $290,467 $-178,900
2023 $551,796 $468,353 $464,666 $83,443
2022 $434,423 $448,595 $374,039 $-14,172
2021 $561,290 $416,578 $390,312 $144,712
2020 $464,438 $371,679 $300,989 $92,759
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