Totals
- Total revenue
- $1,696,179
- Total expenses
- $1,025,144
- Contributions and grants received
- $1,696,179
- Grants paid
- $14,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $2,576,630
- Total liabilities, end of year
- $1,511,090
- Net assets or fund balances, end of year
- $1,065,540
- Program services expenses (Part IX)
- $470,829
- Management and general expenses
- $548,307
- Fundraising expenses
- $6,008
- Program service expenses (Part III)
- $470,829
Program services were 45.9% 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.
-
1f · All other contributions, gifts and grants
$1,696,179
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $14,000 · program services $14,000
-
5 · Compensation of officers, directors and key employees
total $140,350 · management and general $140,350
-
6 · Compensation of disqualified persons
total $198,811 · management and general $198,811
-
7 · Other salaries and wages
total $66,425 · management and general $60,417 · fundraising $6,008
-
10 · Payroll taxes
total $40,979 · management and general $40,979
-
11b · Fees: legal
total $31,247 · management and general $31,247
-
12 · Advertising and promotion
total $10,228 · program services $10,228
-
13 · Office expenses
total $17,922 · program services $17,922
-
14 · Information technology
total $12,020 · program services $3,000 · management and general $9,020
-
16 · Occupancy
total $49,126 · management and general $49,126
-
17 · Travel
total $10,415 · management and general $10,415
-
19 · Conferences, conventions and meetings
total $21,144 · program services $21,144
-
24a · Other expenses: CONTRACTORS
total $387,083 · program services $387,083
-
24b · Other expenses: OTHER EXPENSES
total $12,704 · program services $12,704
-
24c · Other expenses: BANK CHARGES
total $6,335 · management and general $6,335
-
24d · Other expenses: MONITORING AND EVALUATI
total $2,985 · program services $2,985
-
24e · All other expenses
total $3,370 · program services $1,763 · management and general $1,607
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $239,180 · end of year $2,054,533
-
3 · Pledges and grants receivable
beginning of year $209,250 · end of year $1,500
-
4 · Accounts receivable
end of year $520,522
-
9 · Prepaid expenses and deferred charges
end of year $75
-
10a · Land, buildings and equipment: cost or other basis
$52,204
-
10b · Land, buildings and equipment: accumulated depreciation
$52,204
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $22,823 · end of year $7,200
-
18 · Grants payable
end of year $994,250
-
19 · Deferred revenue
end of year $500,000
-
25 · Other liabilities
beginning of year $27,652 · end of year $9,640
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $397,955 · end of year $1,065,540
Mission and programs · 2022
Mission
TO BUILD STRONG, RESILIENT COMMUNITIES THROUGH THE DELIVERY OF CULTURALLY COMPETENT TRAINING AND BUSINESS SOLUTIONS.
-
EDUCATIONAL SERVICES: 472 BUSINESSES RECEIVED BUSINESS EDUCATION AND TRAININGWE SUPPORT THE GROWTH OF BLACK SOLOPRENEURS AND MICROBUSINESSES BY DELIVERING TARGETED TECHNICAL ASSISTANCE AND SHARED PROFESSIONAL SERVICES THAT EMPOWER BUSINESS OWNERS TO GROW THEIR OPERATIONS AND SCALE THEIR BUSINESSES. DEDICATED TO SERVING THE WHOLE BUSINESS, WE NOT ONLY FOCUS ON THE HEALTH OF THE BUSINESS, BUT ALSO THE HEALTH OF THE BUSINESS OWNER BY PARTNERING WITH LICENSED WELLNESS COACHES AND MENTAL HEALTH PRACTITIONERS TO SERVE AS MENTORS TO SMALL BUSINESSES. OUR CORE BELIEF IS THAT BY SERVING THE WHOLE BUSINESS, THE ENTIRE COMMUNITY PROSPERS ECONOMICALLY AND HOLISTICALLY.
Expenses $470,829 · Grants $14,000
As filed on the 2022 return.
Listed in Part VII
-
Dr Lakeysha HallmonDR LAKEYSHA HALLMON
EXECUTIVE DIRECTOR
- Total calculated
- $125,000
- From this org
- $125,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Hope GoinsHOPE GOINS
BOARD PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Onaje HendersonONAJE HENDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kaisha SmithKAISHA SMITH
TREASURER
- Total calculated
- $15,350
- From this org
- $15,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Joy BradfordJOY BRADFORD
BOARD VICE PRESIDEN
- Total calculated
- $0
- Hours/week
- 1
-
Darius HicksDARIUS HICKS
BOARD MEMBER
- 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
-
DFW BREADS
$10,000
TO SUPPORT LOCAL ENTREPRENURS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349330398
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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