Black Connect Inc is located in Wesley Chapel, FL. The organization was established in 2019. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Connect Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Black Connect Inc generated $31.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $31.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BUSINESS GRANTS PROVIDED TO BUSINESS OWNERS IN PITCH COMPETITION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angela Majette Chairperson | 35 | $0 | |
Marshawn Dickson Jr Director | 15 | $0 | |
Rodney Lemay Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $27,563 |
Total Program Service Revenue | $0 |
Membership dues | $3,500 |
Investment income | $0 |
Gain or Loss | $5 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $31,068 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,313 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $9,101 |
Other expenses | $18,926 |
Total expenses | $31,340 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,050 |
Other assets | $0 |
Total assets | $6,050 |
Total liabilities | $0 |
Net assets or fund balances | $6,050 |
Over the last fiscal year, we have identified 1 grants that Black Connect Inc has recieved totaling $24,777.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,777 |
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