Nonprofit screen
Screen a listBlack Economic Alliance Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$23Mrevenue
FY2024 · +347% in 3 yrs5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin61.5%
Months of reserve35.1mo
Revenue growth (annualized)+64.9%
Middle half of peersMedianBlack Economic Alliance
Where the money goes FY2024 · $8.8M spent
Programs$7.5M85%Management and general$934k11%Fundraising$397k5%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
12 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 65% a year since FY2020, in the top quarter of similar nonprofits.
990 Part I · peer cohort37funders
$5.2Ma year, last 3 years
28%from its largest funder
Funder’19’20’21’22’23Mastercard Impact FundOn and off$2.2M$2.2MVisa FoundationOn and off$3.0MThe Ford FoundationSince FY2020$550k$500k$767k$898kThe Bank of America Charitable Foundation IncStopped after FY2022$500k$500k–Capital One Foundation IncOn and off$905kThe Bloomberg Family Foundation IncNew in FY2023$733kDonor-advised giftsDonors not disclosed$1.1M$372k$1.1M$341k13 other fundersUp to $500k a year each$10k$203k$156k$1.3M$75k
FundedThrough a donor-advised fundStopped