Civic Intelligence

Black Resources Inc

EIN 20-3749850 • 501(c)3 • Davenport, IA

Profile

promoting healthy relationships between African Americans and all other races. Through construction of African American resources directory and website with cultural and historical significance.

111 Perry St Ste 300-2Davenport, IA 52801
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

6th percentile

-224%

Higher net margin than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

12th percentile

-89%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-72%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$1,164

Down $9,615 (-89%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$1,164

Down $9,615 (-89%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin6th percentile

Revenue

Down

$4,298

Down $11,002 (-72%) from 2023

Expenses

Up

$13,913

Up $9,392 (+208%) from 2023

Net Income

Down

-$9,615

Down $20,394 (-189%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2023: $10,779Liabilities 2023: $0Net Assets 2023: $10,7792023Assets 2024: $1,164Liabilities 2024: $0Net Assets 2024: $1,1642024

Highlighted filing

2024

Assets$1,164
Liabilities$0
Net Assets$1,164
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$10K$0-$10KRevenue 2023: $15,300Expenses 2023: $4,521Net Income 2023: $10,7792023Revenue 2024: $4,298Expenses 2024: $13,913Net Income 2024: -$9,6152024

Highlighted filing

2024

Revenue$4,298
Expenses$13,913
Net Income-$9,615
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,164
Liabilities
$0
Net assets
$1,164
Revenue
$4,298
Expenses
$13,913
Net income
-$9,615
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$4.30$13.9$9.62
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.00$10.8$15.3$4.52$10.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Dec 16, 2025
Return Version
2024v5.2
Gross Receipts
$4,298
Mission and Program Overview

Mission

promoting healthy relationships between African Americans and all other races. Through construction of African American resources directory and website with cultural and historical significance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,779$1,164▼ $9,615
Rtn Earn Endowment Incm Other Fnds$10,779$1,164▼ $9,615
Total Assets$10,779$1,164▼ $9,615
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,779$1,164▼ $9,615
Total Liabilities and Net Assets / Fund Balance$10,779$1,164▼ $9,615
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Elois WilsonPresident
Theresa JonesSecretary
Lauria MeadeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,294
Program Service Revenue
$0
Investment Income
$4
Other Revenue
$0
All Other Contributions
$4,294
Change in Net Assets
$-9,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,338
Professional Fundraising Fees$1,800
Grants and Similar Amounts Paid$775
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$6,256
Fees for Services Professional Fundraising---$1,800
Travel---$1,148
Grants to Domestic Orgs---$775
Office Expenses---$772
Advertising---$100
Total Functional Expenses$0$0$0$13,913
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,800
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 11B

“handed out copies of the return and explained to members”

Form 990, Part VI, Section B, Line line 19

“forms are on line and in the office for viewing”

Filing and Contact Details

Filer

Filer Name
Black Resources Inc
EIN
20-3749850
In Care Of
% ELOIS WILSON
Phone
5639492489
Address
111 PERRY ST STE 300-2, Davenport, IA 52801

Signing Officer

Name
Elois Wilson
Title
President
Phone
5639492489
Signed
2025-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elois Wilson
Formed
2005
Legal Domicile
Ia
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Fjl Business Conslutants LLC
Address
2020 1ST STREET A, MOLINE, IL 61265
Preparer
Franklin J Lashelle
Phone
3097975441
Raw XML Appendix285 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.

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