Is it real?
Yes. Exemption reinstated (2025-11-15). Per the IRS revocation list. Latest filing on record: FY2022. IRS ruling in Mar 2026.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
1 person listed on the 990-EZ; $107K paid to officers and key staff.
Rachel Davis’s $107K as CEO is at the 76th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|
| Rachel Davis | $106,621 | $78,783 | $82,000 | $84,567 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Programs and updates
Empowers low-income individuals, women, minorities, and veterans with entrepreneurial training for economic independence.
Questions for Greater Wealth Works
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Promotion of Self Sufficiency through entrepreneurial training
Womens Business Enterprise Center to Develop New and Existing Businesses Owned by Female Entrepreneurs
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990-EZ, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2022 Latest Viewing | $186K | $20K | 990 PDF | ||
| FY2021 | $198K | −$59K | 990 PDF | ||
| FY2020 | $227K | $260K | −$34K | −$32K | 990 PDF |
| FY2019 | $250K | $266K | −$16K | −$3K | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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