Civic Intelligence

Black Belt Treasures

990 • Fiscal year 2019 • EIN 20-2313213

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 10, 2020

Organization ProfileBLACKBELTTREASURES.COM
209 Claiborne StreetCamden, AL 36726

(334) 682-9878

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.66x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

0.50x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$259,902

Up $34,833 (+15%) from 2018

Net Assets

Up

$87,133

Up $58,839 (+208%) from 2018

Liabilities

Down

$172,769

Down $24,006 (-12%) from 2018

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin73rd percentile

Revenue

Up

$343,681

Up $40,686 (+13%) from 2018

Expenses

Down

$284,842

Down $8,722 (-3.0%) from 2018

Net Income

Up

$58,839

Up $49,408 (+524%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2011: $88,848Liabilities 2011: $120,947Net Assets 2011: -$32,0992011Assets 2012: $26,948Liabilities 2012: $126,310Net Assets 2012: -$99,3622012Assets 2013: $123,068Liabilities 2013: $146,963Net Assets 2013: -$23,8952013Assets 2014: $139,424Liabilities 2014: $136,882Net Assets 2014: $2,5422014Assets 2015: $141,866Liabilities 2015: $166,311Net Assets 2015: -$24,4452015Assets 2016: $198,727Liabilities 2016: $190,357Net Assets 2016: $8,3702016Assets 2017: $207,212Liabilities 2017: $188,350Net Assets 2017: $18,8622017Assets 2018: $225,069Liabilities 2018: $196,775Net Assets 2018: $28,2942018Assets 2019: $259,902Liabilities 2019: $172,769Net Assets 2019: $87,1332019Assets 2020: $322,661Liabilities 2020: $129,163Net Assets 2020: $193,4982020Assets 2021: $317,058Liabilities 2021: $87,301Net Assets 2021: $229,7572021Assets 2022: $348,266Liabilities 2022: $114,739Net Assets 2022: $233,5272022Assets 2023: $392,483Liabilities 2023: $109,920Net Assets 2023: $282,5632023Assets 2024: $428,172Liabilities 2024: $115,824Net Assets 2024: $312,3482024

Highlighted filing

2019

Assets$259,902
Liabilities$172,769
Net Assets$87,133
Open 2019 Filing

Operations Trend

Revenue Growth67th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $286,347Expenses 2011: $242,135Net Income 2011: $44,2122011Expenses 2012: $123,3402012Revenue 2013: $257,722Expenses 2013: $182,252Net Income 2013: $75,4702013Revenue 2014: $277,945Expenses 2014: $251,508Net Income 2014: $26,4372014Revenue 2015: $302,790Expenses 2015: $329,776Net Income 2015: -$26,9862015Revenue 2016: $296,761Expenses 2016: $263,949Net Income 2016: $32,8122016Revenue 2017: $270,909Expenses 2017: $260,414Net Income 2017: $10,4952017Revenue 2018: $302,995Expenses 2018: $293,564Net Income 2018: $9,4312018Revenue 2019: $343,681Expenses 2019: $284,842Net Income 2019: $58,8392019Revenue 2020: $403,788Expenses 2020: $297,426Net Income 2020: $106,3622020Revenue 2021: $398,429Expenses 2021: $362,170Net Income 2021: $36,2592021Revenue 2022: $437,450Expenses 2022: $433,680Net Income 2022: $3,7702022Revenue 2023: $498,837Expenses 2023: $449,801Net Income 2023: $49,0362023Revenue 2024: $460,240Expenses 2024: $430,455Net Income 2024: $29,7852024

Highlighted filing

2019

Revenue$343,681
Expenses$284,842
Net Income$58,839
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 10, 2020
Return Version
2018v3.2
Gross Receipts
$343,681
Mission and Program Overview

Mission

The exempt purpose of black belt treasures is the economic development of the alabama black belt region, which is characterized by the poor, underprivileged and the distressed. This program is designed to identify and cultivate emerging businesses and assist in marketing products from the black belt region of alabama.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$36,588$129,441▲ $92,853
Cash and Non-Interest-Bearing Accounts$144,001$80,876▼ $63,125
Inventories for Sale or Use$42,757$47,657▲ $4,900
Accounts Receivable$1,723$1,928▲ $205
Total Assets$225,069$259,902▲ $34,833
Liabilities
Accounts Payable and Accrued Expenses$85,654$79,558▼ $6,096
Other Liabilities$111,121$75,209▼ $35,912
Unsecured Notes Loans Payable-$18,002-
Total Liabilities$196,775$172,769▼ $24,006
Net Assets / Fund Balance
Unrestricted Net Assets$28,294$87,133▲ $58,839
Total Net Assets Fund Balance$28,294$87,133▲ $58,839
Total Liabilities and Net Assets / Fund Balance$225,069$259,902▲ $34,833

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$129,441$64,738$194,179
Other Land Buildings$129,441$64,738$194,179
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Garland SmithPresident
John Clyde RiggsBoard Member
Freddie ArmsteadVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$319,914
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$23,767
All Other Contributions
$101
Change in Net Assets
$58,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$147,493
Salaries, Compensation, and Employee Benefits$137,349
Total Fundraising Expense$1,152
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$137,298--$137,298
Conferences and Meetings$45,003--$45,003
Occupancy$30,792--$30,792
Depreciation Depletion$5,418--$5,418
All Other Expenses$2,215$179$1,152$3,546
Fees for Services Accounting-$3,175-$3,175
Other Expenses$2,836--$2,836
Payroll Taxes$51--$51
Total Functional Expenses$280,336$3,354$1,152$284,842
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable - Atrc$75,209
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 reviewed by all board members.”

Form 990, Page 6, Part VI, Line 19

“Organization is working to get all disclosure information on their website.”

Filing and Contact Details

Filer

Filer Name
Black Belt Treasures
EIN
20-2313213
Phone
3346829878
Address
209 CLAIBORNE STREET, CAMDEN, AL 36726

Signing Officer

Name
Freddie Armstead
Title
Vice President
Phone
3346824173
Signed
2020-08-10

Organization Details

Principal Officer
Freddie Armstead
Voting Board Members
7
Independent Board Members
7
Employees
7

Preparer

Firm
Bruce Owens Jr CPA
Address
PO BOX 638/7 BROAD STREET, CAMDEN, AL 36726
Preparer
Bruce Owens Jr
Phone
3346824173
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The exempt purpose of black belt treasures is the economic development of the alabama black belt region, which is characterized by the poor, underprivileged and the distressed. This program is designed to identify and cultivate emerging businesses and assist in marketing products from the black belt region of alabama.”

Form 990, Part XI, Line 9

“TO BALANCE 0 BALANCE 0”

Raw XML Appendix332 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt085654
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt079558
IRS990/AccountsReceivableGrp/BOYAmt01723
IRS990/AccountsReceivableGrp/EOYAmt01928
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE EXEMPT PURPOSE OF BLACK BELT TREASURES IS THE ECONOMIC DEVELOPMENT OF THE ALABAMA BLACK BELT REGION, WHICH IS CHARACTERIZED BY THE POOR, UNDERPRIVILEGED AND THE DISTRESSED. THIS PROGRAM IS DESIGNED TO IDENTIFY AND CULTIVATE EMERGING BUSINESSES AND ASSIST IN MARKETING PRODUCTS FROM THE BLACK BELT REGION OF ALABAMA.
IRS990/AllOtherContributionsAmt0101
IRS990/AllOtherExpensesGrp/FundraisingAmt01152
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0179
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02215
IRS990/AllOtherExpensesGrp/TotalAmt03546
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0BRUCE OWENS JR CPA
IRS990/BooksInCareOfDetail/PhoneNum03346824173
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 638
IRS990/BooksInCareOfDetail/USAddress/CityNm0CAMDEN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd036726
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0144001
IRS990/CashNonInterestBearingGrp/EOYAmt080876
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt045003
IRS990/ConferencesMeetingsGrp/TotalAmt045003
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0319914
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0147493
IRS990/CYOtherRevenueAmt023767
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt058839
IRS990/CYSalariesCompEmpBnftPaidAmt0137349
IRS990/CYTotalExpensesAmt0284842
IRS990/CYTotalFundraisingExpenseAmt01152
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0343681
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05418
IRS990/DepreciationDepletionGrp/TotalAmt05418
IRS990/Desc0SPONSORS OF ART EDUCATION. ECONOMIC DEVELOPMENT BY CULTIVATING AND MARKETING PRODUCTS PRODUCED IN ALABAMA'S BLACK BELT REGION. WE HAD OVER 250 VENDORS WARES IN OUR STORE DURING THE YEAR.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0280336
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03175
IRS990/FeesForServicesAccountingGrp/TotalAmt03175
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0FREDDIE ARMSTEAD
IRS990/Form990PartVIISectionAGrp/PersonNm1GARLAND SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN CLYDE RIGGS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0289906
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0343681
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InventoriesForSaleOrUseGrp/BOYAmt042757
IRS990/InventoriesForSaleOrUseGrp/EOYAmt047657
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt064738
IRS990/LandBldgEquipBasisNetGrp/BOYAmt036588
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0129441
IRS990/LandBldgEquipCostOrOtherBssAmt0194179
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt029907
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE EXEMPT PURPOSE OF BLACK BELT TREASURES IS THE ECONOMIC DEVELOPMENT OF THE ALABAMA BLACK BELT REGION, WHICH IS CHARACTERIZED BY THE POOR, UNDERPRIVILEGED AND THE DISTRESSED. THIS PROGRAM IS DESIGNED TO IDENTIFY AND CULTIVATE EMERGING BUSINESSES AND ASSIST IN MARKETING PRODUCTS FROM THE BLACK BELT REGION OF ALABAMA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt028294
IRS990/NetAssetsOrFundBalancesEOYAmt087133
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt030792
IRS990/OccupancyGrp/TotalAmt030792
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0MARKETING EXPENSES
IRS990/OtherExpensesGrp/Desc1TRAVEL & PER DIEM
IRS990/OtherExpensesGrp/Desc2ADVERTISING
IRS990/OtherExpensesGrp/Desc3OFFICE EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt046000
IRS990/OtherExpensesGrp/ProgramServicesAmt15786
IRS990/OtherExpensesGrp/ProgramServicesAmt24937
IRS990/OtherExpensesGrp/ProgramServicesAmt32836
IRS990/OtherExpensesGrp/TotalAmt046000
IRS990/OtherExpensesGrp/TotalAmt15786
IRS990/OtherExpensesGrp/TotalAmt24937
IRS990/OtherExpensesGrp/TotalAmt32836
IRS990/OtherLiabilitiesGrp/BOYAmt0111121
IRS990/OtherLiabilitiesGrp/EOYAmt075209
IRS990/OtherRevenueMiscGrp/Desc0SALES
IRS990/OtherRevenueMiscGrp/Desc1COST OF SALES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0123247
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1-99480
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0123247
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-99480
IRS990/OtherRevenueTotalAmt023767
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0137298
IRS990/OtherSalariesAndWagesGrp/TotalAmt0137298
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt051
IRS990/PayrollTaxesGrp/TotalAmt051
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0FREDDIE ARMSTEAD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0289497
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0160434
IRS990/PYOtherRevenueAmt013498
IRS990/PYRevenuesLessExpensesAmt09431
IRS990/PYSalariesCompEmpBnftPaidAmt0133130
IRS990/PYTotalExpensesAmt0293564
IRS990/PYTotalRevenueAmt0302995
IRS990/ReconcilationRevenueExpnssAmt058839
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0319914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0289497
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0254319
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0282672
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01146402
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037265
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01146402
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0319914
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0289497
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0254319
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0282672
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01146402
IRS990ScheduleA/TotalSupportAmt01146402
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt014207
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt014493
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt028700
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt056828
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt057973
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt052082
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt052789
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0219672
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt046000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt040000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus2Amt040000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus3Amt040000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt0166000
IRS990ScheduleC/GrassrootsCeilingAmt043050
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt014207
IRS990ScheduleC/LobbyingCeilingAmt0329508
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt056828
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0238141
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt046000
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0284141
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt046000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0129441
IRS990ScheduleD/BuildingsGrp/DepreciationAmt064738
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0194179
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0129441
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt064738
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0194179
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt075209
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE - ATRC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0258882
IRS990ScheduleD/TotalLiabilityAmt075209
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXEMPT PURPOSE OF BLACK BELT TREASURES IS THE ECONOMIC DEVELOPMENT OF THE ALABAMA BLACK BELT REGION, WHICH IS CHARACTERIZED BY THE POOR, UNDERPRIVILEGED AND THE DISTRESSED. THIS PROGRAM IS DESIGNED TO IDENTIFY AND CULTIVATE EMERGING BUSINESSES AND ASSIST IN MARKETING PRODUCTS FROM THE BLACK BELT REGION OF ALABAMA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEWED BY ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION IS WORKING TO GET ALL DISCLOSURE INFORMATION ON THEIR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO BALANCE 0 BALANCE 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0225069
IRS990/TotalAssetsEOYAmt0259902
IRS990/TotalAssetsGrp/BOYAmt0225069
IRS990/TotalAssetsGrp/EOYAmt0259902
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0319914
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01152
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03354
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0280336
IRS990/TotalFunctionalExpensesGrp/TotalAmt0284842
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0196775
IRS990/TotalLiabilitiesEOYAmt0172769
IRS990/TotalLiabilitiesGrp/BOYAmt0196775
IRS990/TotalLiabilitiesGrp/EOYAmt0172769
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028294
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt087133
IRS990/TotalProgramServiceExpensesAmt0280336
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023767
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0343681
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0225069
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0259902
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt028294
IRS990/UnrestrictedNetAssetsGrp/EOYAmt087133
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt018002
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01991 BROADWAY
IRS990/USAddress/CityNm0DEMOPOLIS
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036732
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0BLACKBELTTREASURES.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0FREDDIE ARMSTEAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03346824173
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLACK BELT TREASURES
ReturnHeader/Filer/BusinessNameControlTxt0BLAC
ReturnHeader/Filer/EIN0202313213
ReturnHeader/Filer/PhoneNum03346829878
ReturnHeader/Filer/USAddress/AddressLine1Txt0209 CLAIBORNE STREET
ReturnHeader/Filer/USAddress/CityNm0CAMDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036726
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EC89C99E77E37E0F3A6389B920CC67CCDD5B23B1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EC89C99E77E37E0F3A6389B920CC67CCDD5B23B1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0172.77.69.47
ReturnHeader/FilingSecurityInformation/IPDt02020-08-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:47:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630907537
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRUCE OWENS JR CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 638/7 BROAD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CAMDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd036726
ReturnHeader/PreparerPersonGrp/PhoneNum03346824173
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRUCE OWENS JR
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-08-17T15:47:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$259,902
Liabilities
$172,769
Net assets
$87,133
Revenue
$343,681
Expenses
$284,842
Net income
$58,839
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.28$1.16$3.12$4.60$4.30$0.30
2023Detailed filing. Detailed filing data is available for this year.$3.92$1.10$2.83$4.99$4.50$0.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$1.15$2.34$4.37$4.34$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.17$0.87$2.30$3.98$3.62$0.36
2020Detailed filing. Detailed filing data is available for this year.$3.23$1.29$1.93$4.04$2.97$1.06
2019Detailed filing. Detailed filing data is available for this year.$2.60$1.73$0.87$3.44$2.85$0.59
2018Detailed filing. Detailed filing data is available for this year.$2.25$1.97$0.28$3.03$2.94$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.07$1.88$0.19$2.71$2.60$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.99$1.90$0.08$2.97$2.64$0.33
2015Detailed filing. Detailed filing data is available for this year.$1.42$1.66$0.24$3.03$3.30$0.27
2014Detailed filing. Detailed filing data is available for this year.$1.39$1.37$0.03$2.78$2.52$0.26
2013Summary only. Only limited summary data is available for this year.$1.23$1.47$0.24$2.58$1.82$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$1.26$0.99$1.23
2011Summary only. Only limited summary data is available for this year.$0.89$1.21$0.32$2.86$2.42$0.44