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California · Nonprofit

BLACK IMPACT COMMUNITY FUND INC

BLACK IMPACT COMMUNITY FUND INC (California) receives grants from 4 organizations whose IRS filings report $70,000 to it, the largest being CONRAD N HILTON FOUNDATION ($30,000). 0 of them have funded it in more than one year.

Revenue FY2024
$150k
Funders on record
4
Grants received
$70k
Net assets
$340k
0/4 repeat funders
01What it does

What Black Impact Community Fund Inc does

Mission

To address racial wealth and technological inequality by providing underserved communities and marginalized groups with educational programs, career support and other resources like financial counseling that will help them build the skills to decrease multigenerational poverty and build generational wealth.

As stated on its FY2024 Form 990.

Program

  1. Bicf makes donations to organizations that provide educational programs, career support, and financial counseling aimed to help underserved communities and marginalized groups build the skills to decrease multigenerational poverty and build generational wealth.

    $437,538 spentof which $411,189 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $437,538.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.

100 = 20212021 Revenue 0 ($0) Expenses 0 ($0) Net assets 0 ($0)2022 Revenue 100 ($530k) Expenses 100 ($76k) Net assets 100 ($455k)2023 Revenue 90 ($479k) Expenses 250 ($190k) Net assets 144 ($655k)2024 Revenue 28 ($150k) Expenses 611 ($465k) Net assets 75 ($340k)
2021202220232024
Revenue (28)Expenses (611)Net assets (75)Peer revenue range

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 $655k to $340k (−48%).

$0
$455k
$655k
$340k
2021202220232024
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.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 17% · 2024 17%. Grants only. Government contracts and fees sit inside program revenue.

104% of BLACK IMPACT COMMUNITY FUND INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

$0
’21
$454k
’22
$289k
’23
−$315k
’24
8.8
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.

Chief executive

Sherri Francois

President/executive director

Board chair

Martin Muoto

Chairman

As listed on its FY2024 Form 990.

202220232024
Listed1345
Joined·+0+3
No longer listed·92
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BLACK IMPACT COMMUNITY FUND 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

BLACK IMPACT COMMUNITY FUND INC leans on a few funders — its largest provides 43% of grant income and the top three 86%; half comes from just 2 funders.

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

57% 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 BLACK IMPACT COMMUNITY FUND INC.

43%
largest funder
86%
top three
~3
effective funders

“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

100% of BLACK IMPACT COMMUNITY FUND INC's grant income comes from California funders.

CA

Funder states come from each funder’s own filing. $10k 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

Against its field

BLACK IMPACT COMMUNITY FUND INC is better cushioned than half of the 21,616 human services nonprofits its size.

Operating margin−210% · bottom quartile
Months of reserve8.8mo · above the median
Revenue growth (annualized)−47% · bottom quartile

this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024

Organizations like BLACK IMPACT COMMUNITY FUND 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 California

Nationally

05Profile & governance

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

Where the money goes

94% of spending goes to programs.

Program 94%Management 4%Fundraising 2%

Governance

5
board members
80%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • The Sola I Can Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BLACK IMPACT COMMUNITY FUND 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 BLACK IMPACT COMMUNITY FUND INC?
BLACK IMPACT COMMUNITY FUND INC (California) receives grants from 4 organizations whose IRS filings report $70,000 to it, the largest being CONRAD N HILTON FOUNDATION ($30,000). 0 of them have funded it in more than one year.
How many funders does BLACK IMPACT COMMUNITY FUND INC have?
IRS filings report 4 organizations giving $70,000 in grants to BLACK IMPACT COMMUNITY FUND INC.
Who is the largest funder of BLACK IMPACT COMMUNITY FUND INC?
CONRAD N HILTON FOUNDATION is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
How can an organization like BLACK IMPACT COMMUNITY FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 FY2024 (financials across 2021–2024), and the filings of 4 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