Birmingham Business Resource Center Inc

Organization Overview

Birmingham Business Resource Center Inc is located in Birmingham, AL. The organization was established in 2002. According to its NTEE Classification (S43) the organization is classified as: Small Business 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. Birmingham Business Resource Center Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Birmingham Business Resource Center Inc generated $111.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $287.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TECHNICAL ASSISTANCE TO DISADVANTAGED BUSINESSES

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BBRC PROVIDES BUSINESS DEVELOPMENT SERVICES TO SMALL AND DISADVANTAGED BUSINESSES IN THE CITY OF BIRMINGHAM AND THE SURROUNDING MSA. THE BBRC OFFERED SEVERAL SEMINARS: HOW TO GET FINANCING FOR YOUR BUSINESS AND HOW TO MARKET YOUR BUSINESS. THESE SEMINARS ARE OFFERED PERIODICALLY AND AVERAGE 20-25 ATTENDEES.


THE MISSION OF THE ALABAMA SMALL BUSINESS DEVELOPMENT INITIATIVE IS TO SPONSOR PROGRAMS THAT PROVIDE TRAINING AND TECHNICAL ASSISTANCE TO THE EMERGING SMALL BUSINESS COMMUNITY, HELPING ENTREPRENEURS AND CUSTOMERS SUCCEED WHILE ATTRACTING MORE OPTIONS FOR CONVENTIONAL FINANCING


THE AG GASTON EXPO IS AN ANNUAL EVENT CREATED TO INCREASE THE PERSONAL AND BUSINESS FINANCIAL AWARENESS OF THE LOCAL COMMUNITY USING THE PRINCIPALS ESPOUSED BY DR. A G GASTON. THE CONFERENCE HAS GROWN OVER THE LAST 10 YEARS AND THE LAST CONFERENCE HAD OVER 200 ATTENDEES. THE CONFERENCE FEATURES AWARDS, SEMINARS AND NETWORKING FUNCTIONS. OVER THE 2-DAY EXPO, THERE WERE SEMINARS THAT ATTRACTED AN AVERAGE OF 35 PEOPLE PER SEMINAR.IN PARTICULAR, THE SEMINAR REACHES OUT TO AFRICAN-AMERICAN YOUTH TO EXPOSE THEM TO DR GASTONS PRINCIPLES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$111,250
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $111,250

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Birmingham Business Resource Center Inc has recieved totaling $50,000.

Awarding OrganizationAmount
National Community Reinvestment Coalition Inc

Washington, DC

PURPOSE: FIELD EMPOWERMENT FUND

$50,000
View Grant Recipient Profile

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