Georgia · Nonprofit
RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC
RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC (Georgia) receives grants from 25 organizations whose IRS filings report $5,205,812 to it, the largest being J BULOW CAMPBELL FOUNDATION ($1,000,000). 10 of them have funded it in more than one year.
- Revenue FY2024
- $12M
- Funders on record
- 25
- Grants received
- $5.2M
- Net assets
- $22M
What Russell Innovation Center for Entrepreneurs Inc does
Mission
To empower entrepreneurs and innovators to create, invent, and learn while being engaged and motivated to develop game-changing new ideas to promote economic empowerment.
As stated on its FY2024 Form 990.
Program
The Russell Innovation Center for Entrepreneurs (RICE) serves as a mission-driven collaborative hub dedicated to empowering Atlantas entrepreneurial community. Since opening in 2019 with an initial cohort of 100 Entrepreneurs in Residence, RICE has evolved into a 40,000-square-foot world-class facility located in Atlanta's historic Castleberry Hill district. This dynamic ecosystem connects both aspiring and established entrepreneurs through a customized curriculum and immersive corporate experiences. RICE actively fosters relationships between entrepreneurs and capital sources, providing essential resources to support the growth of Atlanta's top entrepreneurial talent. By offering a supportive environment tailored to the needs of its members, RICE promotes sustainable business development, economic inclusion, and advancement of entrepreneurial skills, aligned with its mission to uplift and empower diverse business leaders.
$8,615,381 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $8,615,381.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2020 to 2021, from $15M to $20M (+34%).
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 46% · 2019 88% · 2022 12% · 2023 8% · 2024 12%. Grants only. Government contracts and fees sit inside program revenue.
91% of RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 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
James Bailey
President & CEO
Board chair
H Jerome Russell Jr
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 11 funders, grant income rose $3k → $1.4M.
6 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% 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 RUSSELL INNOVATION CENTER FOR ENTREPRENEURS 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
RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC has a broad base — no single funder exceeds 19% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
38% 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 RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC.
Largest funder’s share by year: 2017 100% · 2020 44% · 2021 33% · 2022 48% · 2023 46% — diversifying over time.
“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 RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC's funders are still giving 3 years after their first grant; 40% 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
66% of RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC's grant income comes from Georgia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 5 states 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
RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC has grown faster than three-quarters of the 659 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 659 community improvement nonprofits $10M–$100M, FY2024
Government funding RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $14.7M on record.
- Department of Commerce$14.2M
- Department of Energy$475k
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 RUSSELL INNOVATION CENTER FOR ENTREPRENEURS 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 Georgia
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
84%
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 RUSSELL INNOVATION CENTER FOR ENTREPRENEURS 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 RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC?
- RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC (Georgia) receives grants from 25 organizations whose IRS filings report $5,205,812 to it, the largest being J BULOW CAMPBELL FOUNDATION ($1,000,000). 10 of them have funded it in more than one year.
- How many funders does RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC have?
- IRS filings report 25 organizations giving $5,205,812 in grants to RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC, 10 of which have funded it in more than one year.
- Who is the largest funder of RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC?
- J BULOW CAMPBELL FOUNDATION is the largest funder on record, with $1,000,000 in grants. The full list of funders is on this page.
- How can an organization like RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 25 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