Black Owned Business Excellence

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 881678669 ✦ Roy, WA ✦ Designated as a 501(c)(3)

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Overview

What is Black Owned Business Excellence?

Black Owned Business Excellence is a public charity, headquartered yet undisclosed in the information, that focuses on supporting and empowering black-owned businesses. They offer various programs to achieve this goal, such as the Black Business Leadership Conference and the Juneteenth Royal Ball. By operating as a public charity, it permits tax-deductible bequests, devises, transfers, and gifts. The organization's mission revolves around providing education and grants to these businesses, aiming to foster their growth and success within the community.

Is Black Owned Business Excellence legitimate?

Black Owned Business Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Owned Business Excellence 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.

What is the mission statement of Black Owned Business Excellence?

Black Owned Business Excellence, functioning as a public charity, is dedicated to promoting the growth and success of black-owned businesses. Its mission is twofold: providing educational resources and grant opportunities. This organization encourages tax-deductible donations through bequests, devises, transfers, and gifts. To further support black entrepreneurs, Black Owned Business Excellence hosts events like the Black Business Leadership Conference and the Juneteenth Royal Ball.

Who is the CEO of Black Owned Business Excellence?

Unavailable

What is the revenue of Black Owned Business Excellence?

Black Owned Business Excellence's revenue in 2022 was $133,970.

Who are the executives of Black Owned Business Excellence and what are their salaries?


Here are 5 key members and their salaries:


Jenefeness Franke (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taj Benford (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meko Lawson (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tierra Bonds (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Calhoun (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Black Owned Business Excellence?

Black Owned Business Excellence's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Black Owned Business Excellence

Black Owned Business Excellence is committed to supporting black-owned businesses through education and grant provision. Acting as a public charity, the organization encourages tax-deductible contributions in the form of bequests, devises, transfers, and gifts. Black Owned Business Excellence offers a variety of programs to achieve its mission, including the Black Business Leadership Conference and the Juneteenth Royal Ball. These initiatives aim to empower and uplift black entrepreneurs, fostering a thriving business community.

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Impact




October, 2024

Black Owned Business Excellence significantly enhances the landscape for Black-owned businesses by providing essential education and financial support. Through grants and informative programs, it empowers entrepreneurs to overcome systemic barriers and encourages sustainable business practices.

One of the key initiatives is the Black Business Leadership Conference, which fosters networking, skill development, and knowledge-sharing among Black business leaders. Additionally, events like the Juneteenth Royal Ball celebrate cultural heritage while promoting community engagement and awareness of Black entrepreneurs' contributions to the economy.

By focusing on community improvement, the organization not only strengthens individual businesses but also uplifts entire communities, creating a ripple effect that can lead to broader economic development and social equity. Its efforts play a vital role in fostering a more inclusive entrepreneurial ecosystem, ensuring that Black-owned businesses have the resources, recognition, and support they need to thrive.




This information is meant to be a general summary of Black Owned Business Excellence. 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.

Revenue
$133,970 (2022)
Expenses
$35,651 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20
  • Gross Receipts: $136,328

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Main Address

1611 290th Street E, Roy, WA, 98580

NTEE Category

Code: S02 - Community improvement

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