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Florida · Nonprofit

BBIF CAPITAL INC

BBIF CAPITAL INC (Florida) receives grants from 8 organizations whose IRS filings report $1,516,000 to it, the largest being OPPORTUNITY FINANCE NETWORK ($450,000). 4 of them have funded it in more than one year.

Revenue FY2025
$7.6M
Funders on record
8
Grants received
$1.5M
Net assets
$16M
4/8 repeat funderspeak grant-dependency 11%
01What it does

What Bbif Capital Inc does

Mission

The mission is to develop and promote Black business enterprises through education, training, loans, investments, and other activities and aggressively promote an atmosphere conducive to their development.

As stated on its FY2025 Form 990.

Program

  1. Committed to advancing small businesses and communities through capital, innovaton, and technical assistance, BBIF has grown into a broader driver of community development across the Southeast. The organization is investing in spaces, housing, and infrastructure that build long-term strength. In FY 2024-25, BBIF delivered 1,006 training sessions and 1,611 hours of technical assistance, provided $14.76 million in business loans bringing our historic portfolio to over $118.3 million, and leveraged $51 million in New Markets Tax Credit allocations to accelerate over $300 million in community investment, unlocking forward mobility for underinvested communities and the small businesses that anchor them.

    $5,576,364 spentof which $138,000 as grants$6,925,180 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $5,576,364.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($1.5M) Net assets 100 ($2.0M)2018 Revenue 170 ($2.7M) Expenses 128 ($2.0M) Net assets 137 ($2.7M)2019 Revenue 188 ($3.0M) Expenses 158 ($2.4M) Net assets 165 ($3.2M)2020 Revenue 251 ($4.0M) Expenses 183 ($2.8M) Net assets 224 ($4.4M)2021 Revenue 729 ($12M) Expenses 285 ($4.4M) Net assets 590 ($12M)2022 Revenue 348 ($5.5M) Expenses 278 ($4.3M) Net assets 653 ($13M)2023 Revenue 630 ($10M) Expenses 391 ($6.0M) Net assets 856 ($17M)2024 Revenue 492 ($7.8M) Expenses 575 ($8.9M) Net assets 802 ($16M)2025 Revenue 477 ($7.6M) Expenses 476 ($7.4M) Net assets 813 ($16M)
'17'18'19'20'21'22'23'24'25
Revenue (477)Expenses (476)Net assets (813)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $16M to $37M (+129%).

$4.9M
$6.1M
$8.4M
$16M
$37M
$35M
$51M
$56M
$60M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$46k
’17
$728k
’18
$547k
’19
$1.2M
’20
$7.2M
’21
$1.2M
’22
$4.0M
’23
−$1.1M
’24
$224k
’25
34
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Joyce Odongo

Chairperson

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed3566910101114
Joined·+2+2+0+4+2+0+1+5
No longer listed·01011002
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 2 funders, grant income fell $450k → $180k.

1 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $9.8M from one payer (the payer shares this organization's board, largest Bbcdc Inc). These are real filings, and they are not money BBIF CAPITAL INC raised.

From the IRS filings of BBIF CAPITAL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BBIF CAPITAL INC leans on a few funders — its largest provides 30% of grant income and the top three 76%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

70% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BBIF CAPITAL INC.

30%
largest funder
76%
top three
~5
effective funders

Largest funder’s share by year: 2020 56% · 2021 34% · 2022 85% · 2023 83% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

0% of BBIF CAPITAL INC's funders are still giving 2 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

BBIF CAPITAL INC draws 96% of its grant income from funders outside Florida, across 5 states in all.

MN
NY
DC
TX
FL

In-state vs out-of-state, by year

’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $120k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding BBIF CAPITAL INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.3M on record.

Federal$9.3M
grants $9.3Mcontracts $0
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of the Treasury$8.7M
  • Small Business Administration$640k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BBIF CAPITAL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 24%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for BBIF CAPITAL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BBIF CAPITAL INC?
BBIF CAPITAL INC (Florida) receives grants from 8 organizations whose IRS filings report $1,516,000 to it, the largest being OPPORTUNITY FINANCE NETWORK ($450,000). 4 of them have funded it in more than one year.
How many funders does BBIF CAPITAL INC have?
IRS filings report 8 organizations giving $1,516,000 in grants to BBIF CAPITAL INC, 4 of which have funded it in more than one year.
Who is the largest funder of BBIF CAPITAL INC?
OPPORTUNITY FINANCE NETWORK is the largest funder on record, with $450,000 in grants. The full list of funders is on this page.
How can an organization like BBIF CAPITAL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing