Florida · Nonprofit
Center for Black Innovation Inc
Center for Black Innovation Inc (Florida) receives grants from 13 organizations whose IRS filings report $4,506,560 to it, the largest being JOHN S AND JAMES L KNIGHT FOUNDATION ($2,373,980). 8 of them have funded it in more than one year.
- Revenue FY2024
- $565k
- Funders on record
- 13
- Grants received
- $4.5M
- Net assets
- $712k
What Center for Black Innovation Inc does
Mission
Our mission is to eliminate the racial wealth gap by increasing the bottom line for Black business owners and expanding hiring opportunities for. Black job seekers. We achieve this through exposure to innovation pathways, scaling Black innovation ecosystems, and implementing data-driven policies to diversify existing ecosystems.
As stated on its FY2024 Form 990.
Programs
Our community space and events provided essential resources to the community including job training, educational support, and wellness programs. Through our outreach efforts and partnerships, we facilitated 1,500 hours of volunteer service, empowering underserved populations and creating lasting positive impact in our local neighborhoods.
$561,707 spent90% of program spendingThe DA Dorsey program provides individuals and group coaching and consulting from industry experts to culinarians and restarant owners to develop solid resilient infrastructure that generates revenue.
$62,903 spentof which $62,903 as grants10% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $624,610.
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. 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 2019 to 2020, from $377k to $775k (+105%).
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: 2017 32% · 2020 0% · 2021 11% · 2022 5% · 2023 4% · 2024 11%. Grants only. Government contracts and fees sit inside program revenue.
86% of Center for Black Innovation Inc’s revenue is contributions — more donation-reliant than the typical peer (83% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 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.
Board chair
Felecia Hatcher
Chairman
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 7 funders, grant income rose $610k → $728k.
3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% 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 Center for Black Innovation 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
Center for Black Innovation Inc leans on a few funders — its largest provides 53% of grant income and the top three 79%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
25% 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 Center for Black Innovation Inc.
Largest funder’s share by year: 2017 78% · 2018 83% · 2019 75% · 2020 71% · 2021 51% · 2022 66% · 2023 41% — diversifying over time.
“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
44% of Center for Black Innovation Inc's funders are still giving 3 years after their first grant; 62% give in more than one year at all.
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
69% of Center for Black Innovation Inc's grant income comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $579k arriving through sponsors registered in 3 states 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.
Against its field
Center for Black Innovation Inc is better cushioned than half of the 5,688 youth development nonprofits its size.
this organization peer median middle 50% of peers· 5,688 youth development nonprofits $100k–$1M, FY2024
Organizations like Center for Black Innovation 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Center for Black Innovation 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.
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 Center for Black Innovation Inc?
- Center for Black Innovation Inc (Florida) receives grants from 13 organizations whose IRS filings report $4,506,560 to it, the largest being JOHN S AND JAMES L KNIGHT FOUNDATION ($2,373,980). 8 of them have funded it in more than one year.
- How many funders does Center for Black Innovation Inc have?
- IRS filings report 13 organizations giving $4,506,560 in grants to Center for Black Innovation Inc, 8 of which have funded it in more than one year.
- Who is the largest funder of Center for Black Innovation Inc?
- JOHN S AND JAMES L KNIGHT FOUNDATION is the largest funder on record, with $2,373,980 in grants. The full list of funders is on this page.
- How can an organization like Center for Black Innovation 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 FY2024 (financials across 2017–2024), and the filings of 13 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