Skip to content
Nonprofiteer
← BUSINESS COUNCIL

Form 990 for tax year 2022

Filed by BUSINESS COUNCIL.

Totals

Total revenue
$786,185
Total expenses
$575,940
Contributions and grants received
$763,312
Grants paid
$0
Program service revenue
$22,864
Investment income
$9
Other revenue
$0
Total assets, end of year
$264,674
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$264,674
Program services expenses (Part IX)
$575,940
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$575,940

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.

  • 1b · Membership dues

    $12,984

  • 1e · Government grants (contributions)

    $750,328

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $22,864 · related or exempt $22,864

  • 3 · Investment income

    total $9 · related or exempt $9

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $106,515 · program services $106,515

  • 11c · Fees: accounting

    total $10,518 · program services $10,518

  • 11g · Fees: other

    total $400,958 · program services $400,958

  • 13 · Office expenses

    total $10,248 · program services $10,248

  • 17 · Travel

    total $332 · program services $332

  • 19 · Conferences, conventions and meetings

    total $1,420 · program services $1,420

  • 23 · Insurance

    total $1,249 · program services $1,249

  • 24a · Other expenses: PROGRAM EXPENSE

    total $44,700 · program services $44,700

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $49,618 · end of year $264,369

  • 4 · Accounts receivable

    beginning of year $4,811 · end of year $305

  • 27 · Net assets without donor restrictions

    beginning of year $54,429 · end of year $264,674

Mission and programs · 2022

Mission

PROVIDE SUPPORT AND RESOURCES TO SMALL BUSINESSES

  • PROVIDED SUPPORT & RESOURCES TO THE ETHNICALLY DIVERSE BUSIENSS COMMUNITY THROUGH EDUCATION AND TRAINING, CONSOLIDATED RESOURCES AND PROMOTING INCREASE INTERATION WITH BUSINESSES.

    Expenses $552,173

  • OTHER PROGRAM SERVICE EXPENSES

    Expenses $23,767

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Marjorie Rucker

    DIRECTOR

    Total calculated
    $50,278
    From this org
    $50,278
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Darren Fisher

    BOARD MEMBER

    Total calculated
    $0

  • Seaphes Miller

    BOARD MEMBER

    Total calculated
    $0

  • Ugo Nwagbaraocha

    CHAIR

    Total calculated
    $0

  • Minoo Seifoddmi

    BOARD MEMBER

    Total calculated
    $0

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
2022
Filed
3 October 2023
IRS schema version
2022v5.0
Source object
202312769349300516

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.