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Pennsylvania · Nonprofit

PITTSBURGH MINORITY BUSINESS ACCELERATOR

PITTSBURGH MINORITY BUSINESS ACCELERATOR (Pennsylvania) receives grants from 6 organizations whose IRS filings report $3,101,640 to it, the largest being HILLMAN FAMILY FOUNDATIONS ($1,955,000). 2 of them have funded it in more than one year.

Revenue FY2024
$796k
Funders on record
6
Grants received
$3.1M
Net assets
$1.1M
2/6 repeat funderspeak grant-dependency 81%
01What it does

What Pittsburgh Minority Business Accelerator does

Mission

Beam collaborative works with economically challenged businesses and well-established anchor institutions in southwestern pennsylvania to build a more equitable and resilient business environment. See continuation on schedule o.beam starts with deep analysis of the procurement data from a dozen of the pittsburgh region's large anchor institutions who are driving the local economy, and pairs it with development coaching and capacity-building for local minority-owned businesses. Using this unique and data-informed model, beam taps into the potential of the minority business community, effectively addressing supplier challenges and improving supplier diversity, local hiring, training and growth.

As stated on its FY2024 Form 990.

Program

  1. Beam has engaged with 25 minority owned businesses throughout the fiscal year generating over $2.5 million in diverse spend in the region.beam collaborative was able to secure contracts with four area companies through our ideation session work. More than 50 ideas were generated with 24 problems being refined and 12 actively in process with minority owned businesses. See continuation on schedule o.

    $691,404 spentof which $3,070 as grants$92,062 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $691,404.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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.

100 = 20222022 Revenue 100 ($1.2M) Expenses 100 ($730k) Net assets 100 ($490k)2023 Revenue 94 ($1.1M) Expenses 116 ($847k) Net assets 162 ($792k)2024 Revenue 65 ($796k) Expenses 166 ($1.2M) Net assets 229 ($1.1M)
202220232024
Revenue (65)Expenses (166)Net assets (229)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $847k to $1.2M (+43%).

$492k
$847k
$1.2M
202220232024
Total assetsTotal liabilities

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.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

73% of PITTSBURGH MINORITY BUSINESS ACCELERATOR’s revenue is contributions — about as donation-reliant as the typical peer (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$490k
’22
$302k
’23
−$419k
’24
12
months of
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

Joel Burstein

CEO

Board chair

Will Allen

Chair

As listed on its FY2024 Form 990.

202220232024
Listed111111
Joined·+0+1
No longer listed·01
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $882k → $930k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 PITTSBURGH MINORITY BUSINESS ACCELERATOR’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

PITTSBURGH MINORITY BUSINESS ACCELERATOR leans on a few funders — its largest provides 63% of grant income and the top three 85%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

63%
largest funder
85%
top three
~2
effective funders

Largest funder’s share by year: 2022 52% · 2023 81% — 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.

Where its funders are

100% of PITTSBURGH MINORITY BUSINESS ACCELERATOR's grant income comes from Pennsylvania funders.

PA

In-state vs out-of-state, by year

’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $20k 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.

04Its place in the field

Against its field

PITTSBURGH MINORITY BUSINESS ACCELERATOR holds deeper cash reserves than three-quarters of the 21,616 human services nonprofits its size.

Operating margin−53% · bottom quartile
Months of reserve11.5mo · top quartile
Revenue growth (annualized)−19% · bottom quartile

this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024

Organizations like PITTSBURGH MINORITY BUSINESS ACCELERATOR

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 Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

PA

Screen this organization

A dated, signed PDF of the compliance screen for PITTSBURGH MINORITY BUSINESS ACCELERATOR: 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.

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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 PITTSBURGH MINORITY BUSINESS ACCELERATOR?
PITTSBURGH MINORITY BUSINESS ACCELERATOR (Pennsylvania) receives grants from 6 organizations whose IRS filings report $3,101,640 to it, the largest being HILLMAN FAMILY FOUNDATIONS ($1,955,000). 2 of them have funded it in more than one year.
How many funders does PITTSBURGH MINORITY BUSINESS ACCELERATOR have?
IRS filings report 6 organizations giving $3,101,640 in grants to PITTSBURGH MINORITY BUSINESS ACCELERATOR, 2 of which have funded it in more than one year.
Who is the largest funder of PITTSBURGH MINORITY BUSINESS ACCELERATOR?
HILLMAN FAMILY FOUNDATIONS is the largest funder on record, with $1,955,000 in grants. The full list of funders is on this page.
How can an organization like PITTSBURGH MINORITY BUSINESS ACCELERATOR find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 Pittsburgh Minority Business Accelerator →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 6 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