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Colorado · Nonprofit

Foundation for Black Entrepreneurship

Foundation for Black Entrepreneurship (Colorado) receives grants from 23 organizations whose IRS filings report $2,593,981 to it, the largest being THE COLORADO HEALTH FOUNDATION ($700,000). 13 of them have funded it in more than one year.

Revenue FY2021
$1.3M
Funders on record
23
Grants received
$2.6M
Net assets
$304k
13/23 repeat funderspeak grant-dependency 70%
01What it does

What Foundation for Black Entrepreneurship does

Mission

We provide high touch services and business development programming for Black Women Entrepreneurs. These activities will help close the equity gap in entrepreneurship for female business owners.

As stated on its FY2021 Form 990.

Program

In 2021, our programs directly supported over 500 Black women entrepreneurs through training, coaching sessions, consultations, and back-office business technical services, with 22% of our participants returning to participate in more than one program. Although SGN is comprised 100% of Black women, we served a diverse group. Participants varied in age, household size, annual income, and industry. While our participant age group ranged from 20 to 55+ years old, over 40% of our participants were in their mid-40s with an average annual household of $50,000 - $100,000. To further the mission and goals of our organization, several new partnerships were secured in 2021. These strategic partnerships led to increases in program delivery and the number of Black women served, as well over $237,500 in new funding. Examples of new partners include Xfinity/Comcast, Xcel Energy, Southwest Airlines, Amazon, and Kaiser Permanente, to name just a few. Through highly-vetted business professionals, the SGN provided 130 free coaching sessions to assist Black women-owned businesses with the creation of strategic marketing plans, budgetary goals, and product design. In alignment with the trends of the…

The first program described on its most recent Form 990, which lists programs largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($196k) Expenses 100 ($195k) Net assets 100 ($3k)2020 Revenue 375 ($733k) Expenses 266 ($520k) Net assets 7648 ($213k)2021 Revenue 642 ($1.3M) Expenses 598 ($1.2M) Net assets 10895 ($304k)
201920202021
Revenue (642)Expenses (598)Net assets (10895)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 2019 to 2020, from $3k to $259k (+9201%).

$3k
$259k
$394k
201920202021
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.

2019
2020
2021
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 15% · 2021 28%. Grants only. Government contracts and fees sit inside program revenue.

100% of Foundation for Black Entrepreneurship’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$498
’19
$213k
’20
$91k
’21
2.6
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.

20202021
Listed77
Joined·+0
No longer listed·0
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $28k → $238k.

5 of 23 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% 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 Foundation for Black Entrepreneurship’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

Foundation for Black Entrepreneurship has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

46% 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 Foundation for Black Entrepreneurship.

27%
largest funder
55%
top three
~7
effective funders

Largest funder’s share by year: 2019 82% · 2020 23% · 2021 20% · 2022 54% · 2023 63% — 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

20% of Foundation for Black Entrepreneurship's funders are still giving 3 years after their first grant; 57% give in more than one year at all.

first grant+1y+2y+3y

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

72% of Foundation for Black Entrepreneurship's grant income comes from Colorado funders.

MN
CA
UT
CO
DE
TX

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

’19
’20
’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $685k arriving through sponsors registered in 2 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.

04Its place in the field

Against its field

Foundation for Black Entrepreneurship has grown faster than three-quarters of the 3,268 community improvement nonprofits its size.

Operating margin7% · below the median
Months of reserve2.6mo · bottom quartile
Revenue growth (annualized)153% · top quartile

this organization peer median middle 50% of peers· 3,268 community improvement nonprofits $1M–$10M, FY2021

Organizations like Foundation for Black Entrepreneurship

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 Colorado

Nationally

05Profile & governance

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

Where the money goes

91% of spending goes to programs.

Program 91%Management 8%Fundraising 1%

Governance

7
board members
86%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

0%

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 Foundation for Black Entrepreneurship: 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 Foundation for Black Entrepreneurship?
Foundation for Black Entrepreneurship (Colorado) receives grants from 23 organizations whose IRS filings report $2,593,981 to it, the largest being THE COLORADO HEALTH FOUNDATION ($700,000). 13 of them have funded it in more than one year.
How many funders does Foundation for Black Entrepreneurship have?
IRS filings report 23 organizations giving $2,593,981 in grants to Foundation for Black Entrepreneurship, 13 of which have funded it in more than one year.
Who is the largest funder of Foundation for Black Entrepreneurship?
THE COLORADO HEALTH FOUNDATION is the largest funder on record, with $700,000 in grants. The full list of funders is on this page.
How can an organization like Foundation for Black Entrepreneurship find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. 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 Foundation for Black Entrepreneurship →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2021 (financials across 2019–2021), and the filings of 23 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