Form 990 for tax year 2023
Filed by BUSINESS CAPACITY DEVELOPMENT ALLIANCE INC.
Totals
- Total revenue
- $355,773
- Total expenses
- $295,134
- Contributions and grants received
- $355,728
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $45
- Total assets, end of year
- $258,137
- Total liabilities, end of year
- $8,300
- Net assets or fund balances, end of year
- $249,837
- Program services expenses (Part IX)
- $295,134
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $295,134
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$355,728
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $45 · related or exempt $45 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$45
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $37,500 · program services $37,500 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $3,291 · program services $3,291 · management and general $0 · fundraising $0
-
11a · Fees: management
total $13,445 · program services $13,445 · management and general $0 · fundraising $0
-
17 · Travel
total $6,472 · program services $6,472 · management and general $0 · fundraising $0
-
23 · Insurance
total $670 · program services $670 · management and general $0 · fundraising $0
-
24a · Other expenses: PROGRAM EXPENSE
total $4,768 · program services $4,768 · management and general $0 · fundraising $0
-
24b · Other expenses: BANK CHARGES
total $715 · program services $715 · management and general $0 · fundraising $0
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $561 · program services $561 · management and general $0 · fundraising $0
-
24d · Other expenses: PROGRAM SUPPLIES
total $418 · program services $418 · management and general $0 · fundraising $0
-
24e · All other expenses
total $227,294 · program services $227,294 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $193,511 · end of year $58,137
-
4 · Accounts receivable
end of year $200,000
-
9 · Prepaid expenses and deferred charges
beginning of year $3,295
-
17 · Accounts payable and accrued expenses
beginning of year $7,608 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $8,300
-
25 · Other liabilities
beginning of year $0
-
27 · Net assets without donor restrictions
beginning of year $189,198 · end of year $249,837
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
BCD Alliance's goal is to create an consortium of Black-owned businesses dedicated to the development of the Black community. BCD Alliance will empower business leaders to take a place at the table to help increase the resources needed to change our communities.
-
BCD Alliance's goal is to create an consortium of Black-owned businesses dedicated to the development of the Black community. BCD Alliance will empower business leaders to take a place at the table to help increase the resources needed to change our communities.
Expenses $295,134 · Grants $35,000 · Revenue $868
As filed on the 2023 return.
Listed in Part VII
-
Josiah ThomasJOSIAH THOMAS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shona HalleySHONA HALLEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peter Young EsqPETER YOUNG ESQ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ebone BrownEBONE BROWN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Christopher Emdin EsqCHRISTOPHER EMDIN ESQ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jay Shah Ea MslJAY SHAH EA MSL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan Emdin EsqJONATHAN EMDIN ESQ
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Farah BerthaudFARAH BERTHAUD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Xamayla RoseXAMAYLA ROSE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Janneh WrightJANNEH WRIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411349349305291
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