Maryland · Nonprofit
BLACK ECONOMIC COLLECTIVE
BLACK ECONOMIC COLLECTIVE (Maryland) receives grants from 5 organizations whose IRS filings report $171,060 to it, the largest being THE COLLINS FOUNDATION ($90,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $169k
- Funders on record
- 5
- Grants received
- $171k
- Net assets
- $81k
What Black Economic Collective does
Mission
The Black Economic Collective is a grassroots, community-based organization with a mission of community development through financial education, resource allocation, and a collaborative effort.
As stated on its FY2024 Form 990.
Programs
Becs economic empowerment initiative is demonstrated through multiple projects such as our financial literacy workshops, annual homeownership workshop and our support black business challenge.
$91,131 spent100% of program spendingBecs youth enrichment initiative is carried out through our little africa program. Little africa is a mentorship program, geared towards black male youth where we expose them to the greater outdoors, connect them to work opportunities and aid them in developing life skills that are vital components of adulthood, necessary for thriving in the world we live in.
Becs community outreach initiative is primarily expressed through a concerted,intentional effort to highlight and appreciate the amazing work being done by other black organizations as well as the services provided by our local black businesses.
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $91,131.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $122k to $81k (−33%).
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.
Government-grant reliance: 2023 66% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.
100% of BLACK ECONOMIC COLLECTIVE’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.
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.
Chief executive
Brian Odom
Executive director
Board chair
Jreyesha Brannon
Board chair - secretary
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of BLACK ECONOMIC COLLECTIVE’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
BLACK ECONOMIC COLLECTIVE leans on a few funders — its largest provides 53% of grant income and the top three 94%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“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.
Where its funders are
BLACK ECONOMIC COLLECTIVE draws 100% of its grant income from funders outside Maryland, across 2 states in all.
Funder states come from each funder’s own filing. 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.
Against its field
BLACK ECONOMIC COLLECTIVE's revenue fell 28% between 2023 and 2024.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Government funding BLACK ECONOMIC COLLECTIVE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $153k on record.
- DISTRIBUTION TO NON-GOVERNMENTS$153k
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 BLACK ECONOMIC COLLECTIVE
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 Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
47% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for BLACK ECONOMIC COLLECTIVE: 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.
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 BLACK ECONOMIC COLLECTIVE?
- BLACK ECONOMIC COLLECTIVE (Maryland) receives grants from 5 organizations whose IRS filings report $171,060 to it, the largest being THE COLLINS FOUNDATION ($90,000). 2 of them have funded it in more than one year.
- How many funders does BLACK ECONOMIC COLLECTIVE have?
- IRS filings report 5 organizations giving $171,060 in grants to BLACK ECONOMIC COLLECTIVE, 2 of which have funded it in more than one year.
- Who is the largest funder of BLACK ECONOMIC COLLECTIVE?
- THE COLLINS FOUNDATION is the largest funder on record, with $90,000 in grants. The full list of funders is on this page.
- How can an organization like BLACK ECONOMIC COLLECTIVE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Black Economic Collective →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 5 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