Totals
- Total revenue
- $430,375
- Total expenses
- $403,083
- Contributions and grants received
- $430,375
- Grants paid
- $123,400
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $292,106
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $292,106
- Program services expenses (Part IX)
- $203,469
- Management and general expenses
- $149,614
- Fundraising expenses
- $50,000
- Program service expenses (Part III)
- $203,469
Program services were 50.5% 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.
-
1e · Government grants (contributions)
$114,000
-
1f · All other contributions, gifts and grants
$316,375
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $123,400 · program services $123,400
-
5 · Compensation of officers, directors and key employees
total $119,042 · management and general $119,042
-
10 · Payroll taxes
total $7,405 · management and general $7,405
-
11b · Fees: legal
total $425 · management and general $425
-
11c · Fees: accounting
total $8,802 · management and general $8,802
-
11e · Fees: professional fundraising services
total $50,000 · fundraising $50,000
-
11g · Fees: other
total $59,320 · program services $59,320
-
12 · Advertising and promotion
total $4,346 · management and general $4,346
-
13 · Office expenses
total $7,418 · management and general $7,418
-
17 · Travel
total $5 · management and general $5
-
19 · Conferences, conventions and meetings
total $20,749 · program services $20,749
-
23 · Insurance
total $2,171 · management and general $2,171
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $268,972 · end of year $288,606
-
7 · Other notes and loans receivable
end of year $3,500
-
27 · Net assets without donor restrictions
beginning of year $268,972 · end of year $292,106
Mission and programs · 2024
Mission
DEVELOP AND GROW THE BLACK COMMUNITY THROUGH GENERATIONAL LEADERSHIP, PARTNERING AND SUPPORTING BLACK OWNED, RUN, AND OPERATED BUSINESSES/NONPROFITS, AND STRENGTHENING BLACK FAMILIES.
-
BUSINESS DEVELOPMENT: SUPPORTING NEW AND EXISTING BLACK-OWNED BUSINESSES THROUGH COMMUNITY, SUPPORT, EDUCATION, AND CAPACITY BUILDING.THE BE BLAC FOUNDATION PROVIDED MINI GRANTS TO OVER 20 BUSINESSES WITHIN MARION AND POLK COUNTIES. THROUGH THIS FUNDING, BUSINESSES PARTICIPATED IN QUARTERLY WORKSHOPS AROUND FINANCIAL MANAGEMENT, NON-PROFIT LEADERSHIP, BUSINESS DEVELOPMENT AND HIRING PRACTICES AND COMPLETED MINI GRANT APPLICATIONS VOTED BY PANEL TO RECEIVE FUNDING.
Expenses $144,149 · Grants $123,400
-
YOUTH/EDUCATION DEVELOPMENT: ENGAGING AND DEVELOPING THE NEXT GENERATION OF LEADERS AND PLUGGING THEM INTO OPPORTUNITIES IN OUR CITY. THE BE BLAC FOUNDATION SERVED A TOTAL OF 1,764 YOUTH. BY SUPPORTING THE ORGANIZATIONS GIRL POWER, GIRLS THAT ROCK, BOYS TO MEN, AND THE KROC CENTER BASKETBALL CAMP, THE BE BLAC FOUNDATION SERVED 1,102 STUDENTS. THROUGH THE BACKPACK GIVEAWAY, THE BE BLAC FOUNDATION SUPPORTED 662 STUDENTS. IN ADDITION, THE BE BLAC FOUNDATION SPONSORED BLACK EDUCATORS TO ATTEND THE 2024 NATIONAL ALLIANCE OF BLACK SCHOOL EDUCATORS CONFERENCE.
Expenses $32,750
-
COMMUNITY NETWORK: ORGANIZING BE BLAC COMMUNITY GATHERINGS AND THE HUB FOR BLACK-INITIATED COMMUNITY EVENTS. THE BE BLAC FOUNDATION HOSTED 12 BUSINESS AND COMMUNITY COFFEE EVENTS AND DEVELOPED A BLACK BUSINESS DIRECTORY.
Expenses $26,570
As filed on the 2024 return.
Listed in Part VII
-
Greggery PetersonGREGGERY PETERSON
EXECUTIVE DI
- Total calculated
- $82,117
- From this org
- $82,117
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jessica PetersonJESSICA PETERSON
CHIEF ADMIN
- Total calculated
- $36,925
- From this org
- $36,925
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Allen BillingerALLEN BILLINGER
BOARD TREASU
- Total calculated
- $0
- Hours/week
- 5
-
Ronnie BrooksRONNIE BROOKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Celine ColemanCELINE COLEMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Lenita DunlapLENITA DUNLAP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Artonya GemmillARTONYA GEMMILL
BOARD SECRET
- Total calculated
- $0
- Hours/week
- 5
-
Jeremiah JamesJEREMIAH JAMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Joanna KindellJOANNA KINDELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Cynthia RichardsonCYNTHIA RICHARDSON
BOARD VICE P
- Total calculated
- $0
- Hours/week
- 5
-
Ray WhiteRAY WHITE
BOARD PRESID
- Total calculated
- $0
- Hours/week
- 5
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
-
STEWBERRY'S BAKERY
$8,000
BUSINESS GRANT
-
WHOLLY UNDIGNIFIED
$7,700
BUSINESS GRANT
-
BRWN SUGA HAIR AND BODY
$7,700
BUSINESS GRANT
-
KTZ LLC
$7,700
BUSINESS GRANT
-
NOT JUST FUNDRAISING
$7,700
BUSINESS GRANT
-
HAVENROSE REAL ESTATE
$7,700
BUSINESS GRANT
-
POLAR EXPRESS LLC
$7,700
BUSINESS GRANT
-
SONIKA'S HOUSE OF BEAUTY LLC
$7,700
BUSINESS GRANT
-
PASTA BOSS LLC
$6,000
BUSINESS GRANT
-
ORIGINAL COURT ST DAIRY LUNCH
$6,000
BUSINESS GRANT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2025
- IRS schema version
- 2024v5.0
- Source object
- 202531359349309018
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.