THE BLACK BELT COMMUNITY FOUNDATION INC

EIN: 631270745 501(c)(3) Philanthropy & Grantmaking

SELMA, AL

Total Revenue
$31,702,700
Total Expenses
$14,977,995
Total Assets
$29,203,021
Net Assets
$28,021,727
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
AL
Principal Officer
FELECIA LUCKY
Phone
3348741126
Tax Period
2023-01-01 to 2023-12-31

THE BLACK BELT COMMUNITY FOUNDATION INC, founded in 2002, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $31.7M in total revenue in fiscal year 2023. Revenue surged 96% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16.7M, a strong 53% operating margin.

Mission

TO ENSURE ALL BLACK BELT RESIDENTS LIVE AND WORK IN HEALTHY, PROSPEROUS, INCLUSIVE, EDUCATED, CREATIVE AND GIVING COMMUNITIES. WE SERVE TWELVE COUNTIES: BULLOCK, CHOCTAW, DALLAS, GREENE, HALE, LOWNDES, MACON, MARENGO, PERRY, PICKENS, SUMTER, AND WILCOX. EACH OF THESE COUNTIES IS CONSIDERED A "PERSISTENT POVERTY COUNTY" AS IDENTIFIED THROUGH THE CENSUS. PERSISTENT POVERTY COUNTIES ARE THOSE WHERE 20% OR MORE OF THE COUNTY RESIDENTS WERE POOR, MEASURED BY THE 1980, 1990, 2000 CENSUSES, AND THE 200-11 AMERICAN COMMUNITY SURVEY. ADDITIONALLY, BBCF OFTENTIMES INVESTS IN THE FOLLOWING 13 STATES: ALABAMA, ARKANSAS, FLORIDA, GEORGIA, KENTUCKY, LOUISIANA, MISSISSIPPI, NORTH CAROLINA, SOUTH CAROLINA, TENNESSEE, TEXAS, VIRGINIA, AND WEST VIRGINIA.

Program Service Accomplishments

Program 1
Expenses: $4,375,511

PROMOTING & SUSTAINING EDUCATION: THE FOUNDATION OPERATES A HEAD START PROGRAM, A COMPREHENSIVE CHILD DEVELOPMENT PROGRAM FOR LOW INCOME FAMILIES AND CHILDREN, AGES 3 TO 5, IN THE FOLLOWING COUNTIES...

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PROMOTING & SUSTAINING EDUCATION: THE FOUNDATION OPERATES A HEAD START PROGRAM, A COMPREHENSIVE CHILD DEVELOPMENT PROGRAM FOR LOW INCOME FAMILIES AND CHILDREN, AGES 3 TO 5, IN THE FOLLOWING COUNTIES OF THE BLACK BELT: DALLAS COUNTY, CHOCTAW COUNTY, MARENGO COUNTY AND WILCOX COUNTY. THE BBCF HEAD START PROGRAM ENSURES CHILDREN AND FAMILIES ARE PREPARED AND READY FOR KINDERGARTEN. HEAD START ENGAGES PARENTS AND FAMILY MEMBERS IN POSITIVE RELATIONSHIPS, WITH A FOCUS ON FAMILY WELL-BEING TO PROMOTE CHILDREN'S GROWTH IN A POSITIVE LEARNING ENVIRONMENT THROUGH A VARIETY OF SERVICES WHICH INCLUDES EARLY LEARNING AND DEVELOPMENT, HEALTH AND NUTRITION, AND FAMILY WELLBEING. ADDITIONALLY, THE FOUNDATION'S REACH IN COMMUNITIES HAS MADE IT A LEADING PARTNER WITH INSTITUTIONS OF HIGHER EDUCATION. THESE PARTNERSHIPS ALLOW A CONTINUUM OF CARE FOR CHILDREN AGES 3 THROUGH THE 1ST YEAR OF COLLEGE, INCLUDING SUPPORT FOR HIGH SCHOOL STUDENTS ENROLLED IN WORKFORCE AND PROFESSIONAL DEVELOPMENT COURSES

Program 2
Expenses: $4,848,065 Revenue: $480,096

COMMUNITY DEVELOPMENT: THE FOUNDATION CONDUCTS TWO PRIMARY ACTIVITIES THAT DEVELOP THE ECONOMY: ENGAGING THE COMMUNITY AND GRANTMAKING.ENGAGING THE COMMUNITY: WITH A CREDIBLE HISTORY OF SERVING AS A...

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COMMUNITY DEVELOPMENT: THE FOUNDATION CONDUCTS TWO PRIMARY ACTIVITIES THAT DEVELOP THE ECONOMY: ENGAGING THE COMMUNITY AND GRANTMAKING.ENGAGING THE COMMUNITY: WITH A CREDIBLE HISTORY OF SERVING AS A TRUSTED COMMUNITY CONVENER, BBCF BRINGS TOGETHER LOCAL RESIDENTS, BUSINESS LEADERS, EDUCATORS, LOCAL & COUNTY GOVERNMENTS TO STRATEGICALLY ADDRESS MAJOR COMMUNITY CHALLENGES, SUCH AS FOOD SCARCITY, HEALTH INEQUITY, EMERGENCY SHELTER SHORTAGES, WASTEWATER SYSTEMS, HOUSING REHABILITATION NEEDS, INEQUITABLE SCHOOL SYSTEMS, & NEIGHBORHOOD REVITALIZATION THROUGH A VARIETY OF PROGRAMS INCLUDING, ADVOCACY, COMMUNITY EDUCATION & CIVIC PARTICIPATION. MANY ARE FUNDED BY GOVERNMENT & PRIVATE GRANTS.GRANTMAKING: SINCE 2005, BBCF HAS MADE GRANTS TOTALING MORE THAN $16 MILLION. GRANTS ARE MADE FOR MORE THAN A DOZEN STRATEGIC PRIORITIES AS WELL AS EMERGING NEEDS IN OUR TWELVE-COUNTY BLACK BELT REGION AND ACROSS THIRTEEN STATES ACROSS THE DEEP SOUTH.

Program 3
Expenses: $3,005,068

SOUTHERN BLACK GIRLS & WOMEN'S CONSORTIUM: SBGWC IS A MULTI-YEAR INITIATIVE WHICH SEEKS TO EMPOWER AND UPLIFT OUR COMMUNITY. BBCF IS ONE OF FOUR PARTNERS WHO DEVELOP AND OVERSEE THIS PROGRAM THAT...

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SOUTHERN BLACK GIRLS & WOMEN'S CONSORTIUM: SBGWC IS A MULTI-YEAR INITIATIVE WHICH SEEKS TO EMPOWER AND UPLIFT OUR COMMUNITY. BBCF IS ONE OF FOUR PARTNERS WHO DEVELOP AND OVERSEE THIS PROGRAM THAT REGULARLY CONVENES PEOPLE ACROSS THE U.S. SOUTHEAST AND CONDUCTS A RANGE OF PROGRAMMING, INCLUDING GRANTMAKING AND CONFERENCES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $31,085,993
Program Service Revenue $0
Investment Income $94,429
Other Revenue $522,278
TOTAL REVENUE $31,702,700

Expense Breakdown

Grants Paid $3,168,075
Salaries & Benefits $6,490,117
Fundraising Expenses $140,600
Program Expenses $12,838,736
Other Expenses $5,319,803
TOTAL EXPENSES $14,977,995

Year-over-Year Comparison

2023 2022 Change
Revenue $31,702,700 $16,134,472 +1.0%
Expenses $14,977,995 $11,755,311 +0.3%
Net Income $16,724,705 $4,379,161 +2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
123
Volunteers
1200

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
$219,893
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALTER D GIVHAN CHAIRPERSON 1.00
Officer Director
$0 $0 $0
DARLENE G ROBINSON VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
KHANDI FLOWERS SECRETARY 1.00
Officer Director
$0 $0 $0
VERONICA DRAKE TREASURER 1.00
Officer Director
$0 $0 $0
TONY CHERRY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN H ENGLAND BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA M FARRIOR BOARD MEMBER 1.00
Director
$0 $0 $0
SCHNAVIA S HATCHER BOARD MEMBER 1.00
Director
$0 $0 $0
CALIDA J M HENDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
CLIFFORD O HUNTER BOARD MEMBER 1.00
Director
$0 $0 $0
JAMAAL HUNTER BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA B LOCKETT BOARD MEMBER 1.00
Director
$0 $0 $0
EUGENE MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
JESSE MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
KENNARD RANDOLPH BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT L TURNER BOARD MEMBER 1.00
Director
$0 $0 $0
MARVIN W WIGGINS BOARD MEMBER 1.00
Director
$0 $0 $0
FELECIA LUCKY PRESIDENT 40.00
Officer
$219,893 $0 $219,893
CHRISTOPHER H SPENCER CHIEF COMMUNITY ENGAGEMENT OFFICER 40.00
Highest
$115,155 $5,248 $120,403
SERENA CHEN LOW CHIEF OF STAFF 40.00
Highest
$112,151 $17,022 $129,173
MALIKAH SIMONE BERRY EXECUTIVE DIRECTOR, SBGWC 40.00
Highest
$106,087 $10,584 $116,671
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
2024 No data No data No data No data
2023 $31,702,700 $14,977,995 $29,203,021 $16,724,705
2022 $16,134,472 $11,755,311 $13,179,524 $4,379,161
2021 $9,571,772 $8,097,747 $7,710,786 $1,474,025
2020 $12,170,420 $9,127,760 $7,913,002 $3,042,660
2019 $5,736,137 $5,993,248 $2,921,537 $-257,111
2018 $7,041,648 $6,276,661 $3,499,261 $764,987
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