BLACK BUSINESS COMMUNITY DEVELOPMENT CORPORATION

EIN: 593179911 501(c)(3) Housing & Shelter

ORLANDO, FL

Total Revenue
$680,919
Total Expenses
$2,848,216
Total Assets
$2,237,735
Net Assets
$1,775,865
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
FL
Principal Officer
Inez Long
Phone
4076494780
Tax Period
2022-10-01 to 2023-09-30

BLACK BUSINESS COMMUNITY DEVELOPMENT CORPORATION, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $681K in total revenue in fiscal year 2022. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $2.8M exceeded revenue, resulting in a 318% operating deficit.

Mission

THE BLACK BUSINESS COMMUNINTY DEVELOPMENT CORPORATION WAS CREATED IN 1993. BBCDC IS A 501(C)(3) CHARITALBE NON-PROFIT ENTITY THAT PROVIDES EDUCATION AND NETWORKING OPPORTUNITIES TO SUPPORT THE GROWTH OF MINORITY BUSINESSES.

Program Service Accomplishments

Program 1
Expenses: $2,576,432 Revenue: $680,919

BBCDC, provided critical financial technical assistance services to Black, minority and other underserved small businesses throughout Florida. In FY 2022-2023, BBCDC was intentional in providing...

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BBCDC, provided critical financial technical assistance services to Black, minority and other underserved small businesses throughout Florida. In FY 2022-2023, BBCDC was intentional in providing financial literacy and educational workshops that equipped business owners with the necessary tools and knowledge to navigate and capitalize on current economic opportunities. These businesses received 917 training hours and 499 training sessions. Through ongoing charitable support, BBCDC is poised for greater impact in the Southeast region. A joint effort with its affiliate BBIF will enhance BBCDC's ability to offer localized financial assistance, fostering an enviroment where more businesses can prosper.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $679,426
Program Service Revenue $0
Investment Income $1,493
Other Revenue $0
TOTAL REVENUE $680,919

Expense Breakdown

Grants Paid $2,000,500
Salaries & Benefits $94,706
Fundraising Expenses $0
Program Expenses $2,576,432
Other Expenses $753,010
TOTAL EXPENSES $2,848,216

Year-over-Year Comparison

2022 2021 Change
Revenue $680,919 $3,050,357 -0.8%
Expenses $2,848,216 $730,391 +2.9%
Net Income $-2,167,297 $2,319,966 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$180,957
Total Directors
6
$642,705
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
INEZ LONG DIRECTOR 8.00
Director Highest
$0 $0 $461,748
ORANIE REED VICE PRESIDENT OF FINANCE 0.00
Highest
$0 $0 $177,721
DUANE LEWIS EXECUTIVE DIRECTOR 8.00
Officer Director Highest
$0 $0 $180,957
JASMINE GEBON V.P. STRATEGIC INITIATIVES 0.00
Highest
$0 $0 $148,535
DONNA DINGLE DIRECTOR OF COMPLIANCE 0.00
Highest
$0 $0 $102,855
LAWRENCE CHUKWU DIRECTOR 4.00
Officer Director
$0 $0 $0
SUSAN BROSCH BOARD CHAIR 8.00
Officer Director
$0 $0 $0
KIMBERLY ROBINSON BOARD VICE CHAIR 4.00
Officer Director
$0 $0 $0
FOZIA ANDARGE TREASURER/SECRETARY 4.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $680,919 $2,848,216 $2,237,735 $-2,167,297
2022 $3,050,357 $730,391 $4,772,373 $2,319,966
2021 $4,102,775 $5,286,471 $2,368,994 $-1,183,696
2020 $2,546,950 $1,264,138 $3,600,767 $1,282,812
2019 $2,176,695 $4,409 $2,194,474 $2,172,286
2018 $275,000 $72,999 $132,513 $202,001
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