Fw Black Collective
- Assets
- $356.7k
- Revenue
- $416.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Federal Way, WA
- Founding
- Data as of
- 12/2023
- EIN
- 85-0649812
Organization Overview
Fw Black Collective is located in Federal Way, WA. According to its NTEE Classification (R20) the organization is classified as: Civil Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, Fw Black Collective employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fw Black Collective 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 12/2023, Fw Black Collective generated $416.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $705.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FEDERAL WAY BLACK COLLECTIVE IS AN ORGANIZATION THAT IS COMMITTED TO PROVIDING VOICE, BUILDING STRATEGY, AND DRIVING CHANGE IN COMMUNITIES OF COLOR THROUGH POLICY DEVELOPMENT AND THE CREATION OF RESOURCES THAT ARE EQUITABLE AND CULTURALLY REFLECTIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WRAP AROUND SUPPORT - THE PROGRAM'S PRIMARY GOAL IS TO PROVIDE COMPREHENSIVE, PERSONALIZED SUPPORT TO ADDRESS THE DIVERSE NEEDS OF CLIENTS. THROUGH A HOLISTIC, ONE-ON-ONE APPROACH, THE PROGRAM TAILORS WRAP-AROUND SERVICES TO THOROUGHLY ASSESS AND ADDRESS EACH CLIENT'S UNIQUE CHALLENGES. WITH A FOCUS ON COMPASSIONATE CASE MANAGEMENT, COMMUNITY ENGAGEMENT, AND DIRECT SERVICE DELIVERY, THE PROGRAM BUILDS STRONG CONNECTIONS WITH BOTH CLIENTS AND THEIR COMMUNITIES, FOSTERING A SUPPORTIVE ENVIRONMENT. SINCE ITS INCEPTION, IT HAS HELPED OVER 250 COMMUNITY MEMBERS WITH HOMELESSNESS PREVENTION, RESOURCE CONNECTIONS, AND FACILITATED MORE THAN 100 BEHAVIORAL HEALTH SESSIONS.
GENERAL PROGRAMS
SMALL BUSINESS - THE PROGRAM OFFERS FREE BUSINESS SUPPORT SERVICES TO ENTREPRENEURS, SMALL BUSINESSES, AND NONPROFITS, PRIORITIZING THOSE OWNED BY HISTORICALLY MARGINALIZED AND UNDERSERVED INDIVIDUALS. ITS KEY OBJECTIVES INCLUDE PROVIDING BUSINESS SUPPORT, ENHANCING COMMUNICATION AND OUTREACH, FOSTERING WORKFORCE DEVELOPMENT, AND ESTABLISHING A BUSINESS NETWORK COALITION. SINCE 2021, THE PROGRAM HAS SUPPORTED OVER 200 BUSINESSES WITH ONE-ON-ONE CAPACITY BUILDING AND NETWORK DEVELOPMENT, AND HELPED 11 BUSINESSES SECURE FUNDING.
EARLY LEARNING - WE HAVE PROVIDED COMPREHENSIVE BUSINESS CAPACITY AND WRAP-AROUND SUPPORT TO 25 CHILD CARE PROVIDERS, ENSURING NOT ONLY THE GROWTH AND SUSTAINABILITY OF THEIR OPERATIONS BUT ALSO OFFERING CRUCIAL RESOURCES FOR THE FAMILIES THEY SERVE. IN ADDITION, WE HAVE CONNECTED OVER 125 CHILD CARE PROVIDERS WITH EDUCATIONAL DEVELOPMENTAL SCREENING KITS, EMPOWERING THEM TO BETTER ASSESS AND SUPPORT THE DEVELOPMENTAL NEEDS OF THE CHILDREN IN THEIR CARE. THIS INITIATIVE HELPS FOSTER EARLY CHILDHOOD DEVELOPMENT AND EQUIPS PROVIDERS WITH THE TOOLS NEEDED TO CREATE NURTURING, INFORMED LEARNING ENVIRONMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taniesha Lyons Executive Director | Officer | 40 | $71,250 |
Evan Cook Treasurer | OfficerTrustee | 1 | $0 |
Khalia Moore Secretary | OfficerTrustee | 1 | $0 |
James Cook Board Chair | OfficerTrustee | 1 | $0 |
Sanetta Hunter Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $412,806 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,890 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $415,696 |
| Total Program Service Revenue | $1,000 |
| 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 | $416,696 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100,908 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,239 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $162,998 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,282 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,361 |
| Fees for services: Accounting | $18,082 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $209,142 |
| Advertising and promotion | $2,986 |
| Office expenses | $10,270 |
| Information technology | $26,814 |
| Royalties | $0 |
| Occupancy | $24,863 |
| Travel | $624 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,298 |
| Insurance | $3,694 |
| All other expenses | $32,054 |
| Total functional expenses | $705,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,671 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $85,380 |
| Accounts receivable, net | $150,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,664 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $356,715 |
| Accounts payable and accrued expenses | $16,806 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,806 |
| Net assets without donor restrictions | $48,703 |
| Net assets with donor restrictions | $291,206 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $356,715 |