Overview
What is Black Venture Fund Inc?
Black Venture Fund Inc is a nonprofit organization committed to empowering small Black-owned businesses. Through comprehensive business training and education, they have successfully graduated 50 entrepreneurs, offering them a total of 416 hours of training and an additional 130 hours of consulting services. The organization encourages its alumni to share their progress and reach out for further assistance whenever necessary, demonstrating a strong support system for their graduates as they navigate the challenges of business growth.
Official website here: www.https//blackventurefund.org/
Is Black Venture Fund Inc legitimate?
Black Venture Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Venture Fund Inc submitted a form 990EZ, 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.
Official website here: www.https//blackventurefund.org/
What is the mission statement of Black Venture Fund Inc?
The Black Venture Fund's mission is to support the growth and development of small businesses owned by Black entrepreneurs. They achieve this by offering comprehensive business training programs, which have helped 50 individuals so far. These training sessions, lasting two hours each, total 416 hours of education. Furthermore, the fund provides additional consulting services, amounting to approximately 130 hours, to aid these entrepreneurs in their business advancement. The Black Venture Fund encourages its graduates to maintain open communication with the organization, seeking assistance whenever they require further guidance for their businesses.
Official website here: www.https//blackventurefund.org/
Who is the CEO of Black Venture Fund Inc?
Darren Woods Sr is the President of Black Venture Fund Inc.
Official website here: www.https//blackventurefund.org/
What is the revenue of Black Venture Fund Inc?
Black Venture Fund Inc's revenue in 2022 was $76,655.
Official website here: www.https//blackventurefund.org/
Who are the executives of Black Venture Fund Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.https//blackventurefund.org/
Where can I find the form 990EZ for Black Venture Fund Inc?
Black Venture Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.https//blackventurefund.org/
Learn more at the official website: www.https//blackventurefund.org/
Mission Statement of Black Venture Fund Inc
The Black Venture Fund, as an organization, is dedicated to providing business education and training for small businesses owned by Black entrepreneurs. Through its programs, it has successfully graduated 50 individuals, offering them a total of 416 hours of training sessions, each lasting two hours. Beyond the training, the Black Venture Fund also offers consulting services, providing approximately 130 additional hours of assistance to these entrepreneurs. The organization encourages its graduates to maintain a relationship with it, seeking assistance whenever they need help in advancing their businesses. By offering this comprehensive support system, the Black Venture Fund aims to empower Black entrepreneurs and help them succeed in their ventures.
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Impact
August, 2024
Black Venture Fund Inc's impact is significant as it provides essential business training and education for small businesses. The organization has successfully graduated 50 Black entrepreneurs who have participated in intensive training programs consisting of 20 two-hour sessions, totaling 416 hours of accumulated training. In addition, Black Venture Fund Inc has also delivered approximately 130 hours of consulting services to support these entrepreneurs. By equipping these individuals with the necessary knowledge and skills, Black Venture Fund Inc empowers them to advance their businesses and contributes to the economic growth of the community.
This information is meant to be a general summary of Black Venture Fund 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 2022.
- Investment Income: $5
- Program Service Revenue: $1,650
- Gross Receipts: $76,655
Assets and Liabilities:
- Total Assets: $36,573
- Total Liabilities: $0
- Net Assets: $36,573
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Organization Details
Phone
(407) 383-8531Principal Officer
Darren Woods Sr
Main Address
1809 E Broadway Street PMB 360, Oviedo, FL, 32765
NTEE Category
Code: B02 - Education
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