MOUNTAIN BIZCAPITAL INC

ASHEVILLE, NC, 28801 (828) 253-2834 Est. 2002 EIN 14-1864873
T30 - Public Foundations 990 - Public charity return 501(c)(3)
www.mountainbizworks.org

Mission

MOUNTAIN BIZWORKS ENVISIONS A THRIVING WESTERN NORTH CAROLINA IN WHICH SMALL BUSINESS OWNERS AND ASPIRING ENTREPRENEURS HAVE ACCESS TO THE RESOURCES NEEDED TO MAKE THEIR DREAMS A REALITY - A REGION WHERE COLLABORATION, CREATIVITY, INNOVATION, AND INVESTMENT GENERATE OPPORTUNITY AND PROSPERITY FOR ALL. MOUNTAIN BIZWORKS' MISSION IS TO BUILD A VIBRANT AND INCLUSIVE ENTREPRENEURIAL COMMUNITY IN WESTERN NORTH CAROLINA BY HELPING SMALL BUSINESSES START, GROW, AND THRIVE. WHEN SMALL BUSINESSES SUCCEED, WE ALL PROSPER.

Financials

Total Revenue
$10,084,752
Total Expenses
$5,420,997
Net Assets
$27,147,074
37 employees
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
5.0 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 21.7%
Expenses ↓ 6.5%
Revenue Sources
Contributions 51.2% Earned revenue 48.8%
Expense Breakdown
Program 86.8% Management 10.3% Fundraising 2.9%

Officers & Key Employees (12)

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Grants Received (42)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$10,084,752 ↓$5,420,997$27,147,074
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$12,872,089 ↑$5,794,853$22,483,319
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$6,406,300 ↑$4,683,575$15,406,083
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$6,124,699 ↓$4,123,252$13,683,358
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$7,220,157 ↑$2,687,266$11,681,911
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$5,329,263 ↑$2,985,200$7,149,020
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$2,758,732 ↓$2,321,716$4,804,957
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$3,175,538 $1,922,823$4,367,941

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EIN: 14-1864873 · Source: IRS Form 990 e-file data