Inncuvate Community Development Partners Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 40% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
INNCUVATE COMMUNITY DEVELOPMENT PARTNERS INC. (INNCUVATE CDP) EXISTS TO BUILD THRIVING COMMUNITIES THAT FUEL CREATIVITY AND AMBITION. WE FOCUS ON COMBATING COMMUNITY DETERIORATION BY ASSISTING AND PROMOTING LOCAL DEVELOPMENT AND REVITALIZATION OF UNDER-SERVED AND BLIGHTED COMMUNITIES; AND BUILDING THRIVING COMMUNITIES BY ASSISTING AND PROMOTING SUSTAINABLE COMMUNITY ECONOMIC DEVELOPMENT PROJECTS INCLUDING (BUT NOT LIMITED TO) WORKFORCE DEVELOPMENT AND ENTREPRENEURIAL DEVELOPMENT OPPORTUNITIES.
- Income
- $196,570
- Spending
- $107,374
- Spent on programs
- 40%
- Reserves
- 9.2 months of spending
- Largest source of income
- government grants, 99%
- Employees
- 1
- Highest pay
- $23,000, executive di
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 54% of charities in its peer group (community improvement, under $250k).
Reserves
28 of 35Spendable reserves would cover 9.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 45% of income.
Income trend
15 of 15Income rose 293% on the year before.
Spending floor
0 of 1540% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 56 out of 100. Higher than 34% of charities in its peer group (community improvement, under $250k).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $29,765 spent. ENTREPRENEUR ECOSYSTEM BUILDING THE PURPOSE OF THE GRANT WAS TO PILOT AN INNOVATION AND ENTREPRENEURSHIP LEARNING SERIES TO HELP ENTREPRENEUR SUPPORT ORGANIZATIONS GAIN A BETTER UNDERSTANDING OF THE LOCAL ENTREPRENEUR ECOSYSTEM METRICS IN ORDER TO PERFORM AN ENTREPRENEUR ECOSYSTEM HEALTH ASSESSMENT. PARTICIPANTS WERE MADE FAMILIAR WITH THE TOOLS USED TO EFFECTIVELY MEASURE COMMUNITY GROWTH AND ACQUIRE NEW WAYS TO TELL STORIES ABOUT THE POSITIVE IMPACT ON THEIR ECOSYSTEMS. THE TOOLS ARE INTENDED TO BASELINE AND CONTINUALLY MEASURE THE PRINCE GEORGE'S COUNTY ENTREPRENEUR ECOSYSTEM. THE PROGRAM WILL FOCUS ON SKILLS BUILDING AND LEVEL SETTING COUNTY ENTREPRENEUR SUPPORT ORGANIZATIONS ON MEANING, MEASURING, COMMUNICATION, AND FOCUSING INFORMATION ON THE DEVELOPMENT OF ENTREPRENEURS IN PRINCE GEORGE'S COUNTY. ENTREPRENEUR ECOSYSTEM BUILDING THE PURPOSE OF THE GRANT WAS TO PILOT AN INNOVATION AND ENTREPRENEURSHIP LEARNING SERIES TO HELP ENTREPRENEUR SUPPORT ORGANIZATIONS GAIN A BETTER UNDERSTANDING OF THE LOCAL ENTREPRENEUR ECOSYSTEM METRICS IN ORDER TO PERFORM AN ENTREPRENEUR ECOSYSTEM HEALTH ASSESSMENT. PARTICIPANTS WERE MADE FAMILIAR WITH THE TOOLS USED TO EFFECTIVELY MEASURE COMMUNITY GROWTH AND ACQUIRE NEW WAYS TO TELL STORIES ABOUT THE POSITIVE IMPACT ON THEIR ECOSYSTEMS. THE TOOLS ARE INTENDED TO BASELINE AND CONTINUALLY MEASURE THE PRINCE GEORGE'S COUNTY ENTREPRENEUR ECOSYSTEM. THE PROGRAM WILL FOCUS ON SKILLS BUILDING AND LEVEL SETTING COUNTY ENTREPRENEUR SUPPORT ORGANIZATIONS ON MEANING, MEASURING, COMMUNICATION, AND FOCUSING INFORMATION ON THE DEVELOPMENT OF ENTREPRENEURS IN PRINCE GEORGE'S COUNTY.
- $13,057 spent. ENTREPRENEUR INFRASTRACTURE INNCUVATE COMMUNITY DEVELOPMENT PARTNERS INC., (ICDP) HAS BEGUN THE PLANNING AND DESIGN OF IT'S FIRST COMMUNITY-BASED CAMPUS IN LARGO, MD WHICH WILL CREATE PROFESSIONAL AND ENTREPRENEURIAL CAREER ON-RAMPS BY ENGAGING COLLECTIVE EXPERIENCES THAT ARE FAMILIAR, PROVIDE CONNECTIVE EXPOSURE TO EMERGING TECHNOLOGIES, AND OFFER RELATED TECHNOLOGY EDUCATION AND EXPERT MENTORSHIP. THE GOAL IS TO ENABLE ACTIONABLE PATHWAYS FOR PARTICIPANTS TO BECOME IMPACTFUL CHANGE AGENTS OF THE FUTURE BY FACILITATING A SUSTAINABLE COMMUNITY CULTURE OF INNOVATION AND RELATED SKILLS DEVELOPMENT IN COMMUNITIES OF COLOR GOING FORWARD.
- $557 spent. OUR ENTREPRENEUR INVESTMENT PROGRAM IS AIMED AT FUELING THE DREAMS OF BUDDING BUSINESS VISIONARIES. THROUGH STRATEGIC FUNDING, MENTORSHIP, AND TAILORED SUPPORT, WE EMPOWER ENTREPRENEURS TO TURN THEIR IDEAS INTO THRIVING ENTERPRISES, FOSTERING ECONOMIC GROWTH AND COMMUNITY DEVELOPMENT.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.