Overview
What is Black And Brown Founders Inc?
Black And Brown Founders Inc is a nonprofit organization based in San Francisco, California. Recognizing the lack of resources and support for Black and Latinx entrepreneurs, this organization aims to bridge the wealth gap and empower these communities through technology and entrepreneurship. Their virtual training program, spanning over ten weeks, unlocks unique talents, provides startup support, fosters growth opportunities, and ensures sustainability. The program incorporates video lessons, live coaching, a supportive community, and essential tools, and has been successfully utilized by various sponsors in 2021 and 2022. Additionally, Black And Brown Founders Inc has offered technical assistance to over 50 businesses, catering to entrepreneurs of color across various industries, and equipping them with best practices and technical assistance to enhance their organizations.
Official website here: www.blackandbrownfounders.com
Is Black And Brown Founders Inc legitimate?
Black And Brown Founders Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black And Brown Founders Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $114,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,080
For more financial information, click here
Official website here: www.blackandbrownfounders.com
What is the mission statement of Black And Brown Founders Inc?
Black and Brown Founders Inc aims to empower Black and Latinx entrepreneurs by providing them with essential resources, education, and technology. Their programs cater to founders of color across various industries, equipping them with best practices and technical assistance to enhance their businesses. In response to the need for change and the unsafe environment for Black and Latinx individuals, the organization utilizes technology and entrepreneurship as a means to close the wealth gap and empower founders in these communities. They have developed a virtual training program that unlocks unique talents, offering startup support, growth opportunities, and sustainability within a ten-week period. The program includes video lessons, live coaching, a supportive community, and essential tools, successfully utilized by multiple sponsors in 2021 and 2022. Furthermore, Black and Brown Founders Inc has provided technical assistance to over 50 businesses.
Official website here: www.blackandbrownfounders.com
What is the revenue of Black And Brown Founders Inc?
Black And Brown Founders Inc's revenue in 2023 was $510,193.
Official website here: www.blackandbrownfounders.com
Who are the executives of Black And Brown Founders Inc and what are their salaries?
The average compensation at Black And Brown Founders Inc during 2023 was $97,240. There are 2 employees at Black And Brown Founders Inc.
Here are 4 key members and their salaries:
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Official website here: www.blackandbrownfounders.com
Where can I find the form 990 for Black And Brown Founders Inc?
Black And Brown Founders Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.blackandbrownfounders.com
Learn more at the official website: www.blackandbrownfounders.com
Mission Statement of Black And Brown Founders Inc
Black and Brown Founders Inc, a nonprofit organization, is dedicated to empowering Black and Latino entrepreneurs. They achieve this mission by providing these entrepreneurs with essential resources, education, and technology. Their programs cater to founders of color across various industries, equipping them with best practices and technical assistance to enhance their businesses. By doing so, Black and Brown Founders Inc aims to close the wealth gap and empower these communities through entrepreneurship and technology.
To accomplish this, Black and Brown Founders Inc has developed a virtual training program. This program unlocks the unique talents of the entrepreneurs, offering startup support, growth opportunities, and sustainability within a ten-week period. The program includes video lessons, live coaching, a supportive community, and essential tools. This program has been successfully utilized by multiple sponsors in 2021 and 2022. Furthermore, Black and Brown Founders Inc has provided technical assistance to over 50 businesses.
In summary, Black and Brown Founders Inc is a mission-driven organization that seeks to empower Black and Latino entrepreneurs by providing them with the tools and resources necessary to build thriving businesses. Through their virtual training program and technical assistance, they aim to close the wealth gap and empower these communities, ultimately promoting entrepreneurship and economic growth.
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Impact
October, 2024
Black And Brown Founders Inc has made a significant impact by empowering Black and Latinx entrepreneurs through targeted resources, education, and technology. By addressing the unique challenges faced by founders of color across various industries, the organization helps bridge the wealth gap and fosters economic empowerment.
Through a comprehensive ten-week virtual training program, they unlock the talents of aspiring entrepreneurs, offering video lessons, live coaching, and access to a supportive community. This approach not only equips participants with essential tools and best practices but also provides critical startup support and growth opportunities.
The organization’s technical assistance has already benefited over 50 businesses, facilitating their sustainability and success. By harnessing the power of entrepreneurship and technology, Black And Brown Founders Inc is effectively contributing to a more equitable economic landscape, creating pathways for thriving businesses within historically marginalized communities.
This information is meant to be a general summary of Black And Brown Founders Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $138
- Program Service Revenue: $416,440
- Gross Receipts: $510,193
Assets and Liabilities:
- Total Assets: $752,518
- Total Liabilities: $9,427
- Net Assets: $743,091
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOT CAMP COACHING
Revenue
$416,440
Organization Details
Founding Year
2017
Principal Officer
Chad Womack
NTEE Category
Code: B01 - Education
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