BLACK LEADERS ACQUIRING COLLECTIVE KNOWLEDGE (BLACK) INCORPORATED

EIN: 814639213 501(c)(3) Arts, Culture & Humanities

LA CROSSE, WI

Total Revenue
$346,442
Total Expenses
$315,724
Total Assets
$321,396
Net Assets
$321,455
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
WI
Principal Officer
JAZZMA HOLLAND
Phone
6088608363
Tax Period
2022-01-01 to 2022-12-31

BLACK LEADERS ACQUIRING COLLECTIVE KNOWLEDGE (BLACK) INCORPORATED, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $346K in total revenue in fiscal year 2022. Revenue decreased 9% compared to the prior year. Expenses of $316K left a modest 9% surplus.

Mission

COMMUNITY ENGAGEMENT OUR GOAL IS TO ENHANCE AND DEVELOP THE BLACK COMMUNITY BY ENGAGING IN LOCAL GOVERNMENT, EDUCATION, AND COMMUNITY INITIATIVES. FINANCIAL LITERACY OUR COMMUNITY MUST UNDERSTAND THE IMPORTANCE OF THE "BLACK DOLLAR." WE AIM TO TEACH OTHERS HOW TO BE FINANCIALLY RESPONSIBLE AND THE BENEFITS ASSOCIATED WITH HOME OWNERSHIP, INVESTMENTS, ETC. YOUTH ENGAGEMENT OUR YOUTH NEED TO FEEL EMPOWERED TO BE APART OF THE COMMUNITY. WE ASSIST WITH THE CULTIVATION OF OUR FUTURE LEADERS, SCHOLARS, DOCTORS, ENTREPRENEURS, ETC. FAMILY FAMILY IS THE FOUNDATION OF THE COMMUNITY.WE ENCOURAGE FAMILIES TO LEARN, GROW, AND HEAL TO HELP FOSTER A BETTER FAMILY DYNAMIC IN ORDER TO HELP BUILD A BETTER COMMUNITY. SPIRITUALITY IT IS IMPORTANT TO ACKNOWLEDGE THAT BLACK PEOPLE ARE SPIRITUALLY ROOTED AND WE ARE SPIRITUAL BEINGS. WE HAVE TO GROW IN OUR UNDERSTANDING AND ACCEPTANCE OF OUR CONNECTION TO THE WORLD IN A SPIRITUAL WAY. HEALTH & WELLNESS WE MUST ACKNOWLEDGE THE THREE COMPONENTS OF WELLNESS: MI

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $345,299
Program Service Revenue $0
Investment Income $1,143
Other Revenue $0
TOTAL REVENUE $346,442

Expense Breakdown

Grants Paid $0
Salaries & Benefits $174,102
Fundraising Expenses $8,864
Program Expenses $225,118
Other Expenses $141,622
TOTAL EXPENSES $315,724

Year-over-Year Comparison

2022 2021 Change
Revenue $346,442 $381,582 -0.1%
Expenses $315,724 $160,696 +1.0%
Net Income $30,718 $220,886 -0.9%
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
9
Independent Members
9
Employees
8
Volunteers
N/A

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRAVIS BORDEAUX COMMUNITY N/A
Director
$0 $0 $0
CAROLYN COLLEEN COMMUNITY N/A
Director
$0 $0 $0
EBONY HYTER VICE PRESIDE N/A
Officer Director
$0 $0 $0
TERRELL MALLET TREASURER N/A
Director
$0 $0 $0
ANDREW RASMUSSEN SECRETARY N/A
Officer Director
$0 $0 $0
QUARTEL ROBERSON PRESIDENT N/A
Director
$0 $0 $0
LOUCRESIE RUPERT COMMUNITY N/A
Director
$0 $0 $0
ANGELICA WILLIAMS COMMUNITY N/A
Director
$0 $0 $0
BRITTANY WILLIAMS SECRETARY N/A
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
2024 No data No data No data No data
2022 $346,442 $315,724 $321,396 $30,718
2021 $381,582 $160,696 $294,406 $220,886
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