Totals
- Total revenue
- $336,393
- Total expenses
- $452,601
- Contributions and grants received
- $164,123
- Grants paid
- $0
- Program service revenue
- $172,270
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $67,023
- Total liabilities, end of year
- $29,694
- Net assets or fund balances, end of year
- $37,329
- Program services expenses (Part IX)
- $112,573
- Management and general expenses
- $340,028
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $112,573
Program services were 24.9% 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)
$0
-
1f · All other contributions, gifts and grants
$164,123
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Operation Grants
total $25,000 · related or exempt $25,000 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Fee For Service Income
total $147,270 · related or exempt $147,270 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $87,550 · management and general $87,550
-
7 · Other salaries and wages
total $103,509 · management and general $103,509
-
9 · Other employee benefits
total $16,594 · management and general $16,594
-
10 · Payroll taxes
total $14,289 · management and general $14,289
-
11a · Fees: management
total $0
-
11c · Fees: accounting
total $10,823 · management and general $10,823
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $69,378 · program services $3,500 · management and general $65,878
-
12 · Advertising and promotion
total $4,499 · program services $2,443 · management and general $2,056
-
13 · Office expenses
total $18,404 · program services $1,965 · management and general $16,439
-
14 · Information technology
total $11,982 · program services $1,000 · management and general $10,982
-
16 · Occupancy
total $682 · management and general $682
-
17 · Travel
total $10,581 · program services $6,681 · management and general $3,900
-
19 · Conferences, conventions and meetings
total $76,870 · program services $72,803 · management and general $4,067
-
20 · Interest
total $272 · management and general $272
-
23 · Insurance
total $2,184 · program services $195 · management and general $1,989
-
24a · Other expenses: License & Permit Fees
total $24,111 · program services $23,986 · management and general $125
-
24b · Other expenses: Employee Reimbursements
total $873 · program services $0 · management and general $873 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $148,427 · end of year $67,023
-
17 · Accounts payable and accrued expenses
end of year $22,724
-
22 · Loans and payables to officers and key people
end of year $6,970
-
25 · Other liabilities
beginning of year $890
-
27 · Net assets without donor restrictions
beginning of year -$240,530 · end of year $37,329
-
28 · Net assets with donor restrictions
beginning of year $388,067 · end of year $0
Mission and programs · 2025
Mission
Our mission is to equip Black-owned small businesses in their first five years with culturally relevant programs, resources, and community that build resilient operational foundations, so that businesses don't just launch, they last. We do this by focusing on the operational fundamentals that determine long-term survival: cash flow management, systems building, hiring, and sustainable growth strategies, always with the whole business owner in mind, not just the business.
-
BLCK Street Summit - annual conference. This year we hosted 100 attendees, bringing our lifetime attendance to 725, with 83% of our attendees receiving donated or sponsored tickets.
Expenses $62,208 · Revenue $76,270
-
JWC Foundation Community Business Academy: We graduated our 6th cohort, bringing the total number of alumni to 83.
Expenses $50,335 · Revenue $71,000
-
Recurring Programming: We launched recurring programming: co-working days open to all entrepreneurs and a learning lab series also open to all entrepreneurs.
Expenses $30
As filed on the 2025 return.
Listed in Part VII
-
Rasheeda Creighton
Executive Director
- Total calculated
- $87,550
- From this org
- $87,550
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Archie L Alston
Board Chair
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Elizabeth Johnson
Board Treasurer
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Antwaun Gri in
Board Member
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Tatiane Pena
Board Member
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Crystal Lowery
Board Member
- Total calculated
- $0
- Hours/week
- 5 + 5 related
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
- 2025
- Filed
- 2 April 2026
- IRS schema version
- 2025v4.0
- Source object
- 202601249349302905
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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