New York · Nonprofit
HARLEM BUSINESS ALLIANCE INC
HARLEM BUSINESS ALLIANCE INC (New York) receives grants from 10 organizations whose IRS filings report $524,655 to it, the largest being WK Kellogg Foundation ($150,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $617k
- Funders on record
- 10
- Grants received
- $525k
- Net assets
- $247k
What Harlem Business Alliance Inc does
Mission
Hba aims to facilitate the creation, sustainability and growth of nyc businesses, particularly focusing on black-owned businesses by providing intensive, culturally competent technical assistance, innovative business education workshops, and a business support center.
As stated on its FY2024 Form 990.
Programs
Certified development financial institution (cdfi)- the cdfi funds program purpose is to promote economic revitalization and community development through investment in and assistance to cdfis. The award was to build the capacity of for-profit and non-profit community based lending organizations to serve rural and urban low income people and communities across the nation that lack adequate access to affordable financial products and services . Hba was awarded an opportunity to expand our services and offerings to prepare for cdfi certification.
$211,948 spent$125,000 earned by the program31% of program spendingDycd - with funding support from the department of youth and community development, hba successfully delivered intensive business education workshops and one-on-one assistance to residents of harlem eager to acquire skills in business plan development, customer marketing, and financial statement management. More than 50 entrepreneurs participated in either in-person or virtual workshops. After completion, entrepreneurs presented their business concepts to a panel of judges for a chance to secure seed funding and co-working space provided by hba. As a result, these businesses have since crafted robust business plans and implemented growth strategies.
$145,212 spent$75,961 earned by the program22% of program spendingFinancial literacy - nyc department of small business services: hba provided comprehensive in-person one-on-one technical assistance and workshops, supporting over 400 individuals with strategic and financial planning, technology adoption, branding, and social media. Approximately 480 hours of one-on-one technical assisance was provided to hbas clients (or approximately 40 hours per month).
$134,584 spent$131,452 earned by the program20% of program spendingTdx/mta - in conjunction with tdx construction corporation and the nyc metropolitan transportation authority(mta) small business development program (sbdp), hba addresses the needs and long-term sustainability of small growth potential entrepreneurs by providing business management support, using a training while doing approach, to minority and women owned firms that have a vision to succeed, the ambition to try, and the need for hands on assistance. Hba assisted over 50 businesses that have since been awarded contracts.
$94,915 spent$128,155 earned by the program14% of program spendingMwbe leadership association - nyc department of small business services: hba delivered extensive business education workshops and one-to-one technical assistance, mwbe (minority and women-owned business enterprise) certification assistance, and financial education workshops. Hba helped 80 businesses to become certified mwbe to not only compete for and perform on city contracts, but to grow their businesses as well. Hba provided over 250 hours of technical assistance to over 30 entrepreneurs and small businesses via one-on-one counseling and technical assistance on starting a business, discussing the elements of a business plan, advising on marketing and business plan strategies and other relevant topics. Hba also hosted networking events, pop up experiences for product-based businesses, and connected businesses to partnering organizations.
$79,763 spent$80,863 earned by the program12% of program spendingUpper manhattan empowerment zone(umez): hba was contracted by umez to promote its hybrid microloan program and to provide technical assistance to loan applicants and to upper manhattan small businesses seeking to become certified (or re-certified)minority /women business enterprises with the city of new york.
$4,129 spent$17,550 earned by the program1% of program spendingCreative workspace (cw): this space functions as a co-working space for entrepreneurs as well as a space for hbas workshops and business consultations with hba specialists.
$3,248 spent$2,865 earned by the program0% of program spendingHarlem community development corporation (hcdc): with the support from harlem community development corporation, harlem business alliance hosted 2023 busienss pitch competition, a pivotal event designed to champion entrepreneurship, drive economic prosperity, and foster community development for nyc entrepreneurs.
$1,200 spent$20,000 earned by the program0% of program spending
The 8 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $674,999.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $757k to $566k (−25%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 29% · 2019 33% · 2020 65% · 2021 45% · 2022 35% · 2023 45% · 2024 44%. Grants only. Government contracts and fees sit inside program revenue.
100% of HARLEM BUSINESS ALLIANCE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Monique Hector
Executive director
Board chair
Walter Edwards
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 5 funders to 2 funders, grant income fell $261k → $10k.
1 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HARLEM BUSINESS ALLIANCE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HARLEM BUSINESS ALLIANCE INC leans on a few funders — its largest provides 29% of grant income and the top three 66%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
54% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HARLEM BUSINESS ALLIANCE INC.
Largest funder’s share by year: 2017 57% · 2018 59% · 2019 100% · 2020 100% · 2021 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
33% of HARLEM BUSINESS ALLIANCE INC's funders are still giving 3 years after their first grant; 30% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
HARLEM BUSINESS ALLIANCE INC draws 53% of its grant income from funders outside New York, across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $26 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HARLEM BUSINESS ALLIANCE INC receives grants from 10 organizations whose IRS filings report $525k to it.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Government funding HARLEM BUSINESS ALLIANCE INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $250k on record.
- Department of the Treasury$250k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HARLEM BUSINESS ALLIANCE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HARLEM BUSINESS ALLIANCE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HARLEM BUSINESS ALLIANCE INC?
- HARLEM BUSINESS ALLIANCE INC (New York) receives grants from 10 organizations whose IRS filings report $524,655 to it, the largest being WK Kellogg Foundation ($150,000). 3 of them have funded it in more than one year.
- How many funders does HARLEM BUSINESS ALLIANCE INC have?
- IRS filings report 10 organizations giving $524,655 in grants to HARLEM BUSINESS ALLIANCE INC, 3 of which have funded it in more than one year.
- Who is the largest funder of HARLEM BUSINESS ALLIANCE INC?
- WK Kellogg Foundation is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
- How can an organization like HARLEM BUSINESS ALLIANCE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Harlem Business Alliance →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing