Civic Intelligence

The Blacks Annual Gala Inc

990EZ • Fiscal year 2016 • EIN 27-0428528

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 05, 2017

Organization ProfileTHEBLACKSANNUALGALA.COM
905 Brickell Bay Drive T2 2cl24Miami, FL 33131

(305) 443-8980

Siviq Scores

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

Liabilities / Assets

87th percentile

0.39x

Higher debt load relative to assets than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

1.12x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-1836%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

87th percentile

$31,819

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 934.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

3rd percentile

-86%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-92%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$9,737

Down $62,169 (-86%) from 2015

Net Assets

Down

$5,910

Down $62,504 (-91%) from 2015

Liabilities

Up

$3,827

Up $335 (+9.6%) from 2015

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin1st percentile

Revenue

Down

$3,405

Down $41,323 (-92%) from 2015

Expenses

Down

$65,909

Down $167,367 (-72%) from 2015

Net Income

Up

-$62,504

Up $126,044 (+67%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$80K$60K$40K$20K$0Assets 2015: $71,906Liabilities 2015: $3,492Net Assets 2015: $68,4142015Assets 2016: $9,737Liabilities 2016: $3,827Net Assets 2016: $5,9102016Assets 2017: $5,779Net Assets 2017: $5,7792017Assets 2018: $295Liabilities 2018: $0Net Assets 2018: $2952018

Highlighted filing

2016

Assets$9,737
Liabilities$3,827
Net Assets$5,910
Open 2016 Filing

Operations Trend

Revenue Growth2nd percentile

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

$400K$200K$0-$200KRevenue 2015: $44,728Expenses 2015: $233,276Net Income 2015: -$188,5482015Revenue 2016: $3,405Expenses 2016: $65,909Net Income 2016: -$62,5042016Revenue 2017: $56,564Expenses 2017: $56,695Net Income 2017: -$1312017Revenue 2018: $34,126Expenses 2018: $38,600Net Income 2018: -$4,4742018

Highlighted filing

2016

Revenue$3,405
Expenses$65,909
Net Income-$62,504
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 5, 2017
Return Version
2016v3.0
Gross Receipts
$3,405
Mission and Program Overview

Mission

Assist at-risk youth

Dedicated to raising money for 501(c)(3) organizations dedicated to providing educational resources and experiences for at-risk youth that includes scholarships, vocational training, camps, workshops and after school activities encompassing curriculums that address culture, the arts, life skills as well as workforce preparation.

Program Services

DescriptionGrantsExpenses
LEAGUE OF CHAMPIONS ( 1,500)- DEDICATING TO NURTURE YOUNG PEOPLES MENTAL AND PHYSICAL ABILITIES THROUGH BOXING.$1,500$57,489
LEAGUE OF CHAMPIONS IS DEDICATED TO INSPIRE THE NEXT GENERATION OF CHAMPIONS. TO STRIVE TO NURTURE YOUNG PEOPLE TO STRENGTHEN THEIR INNATE PHYSICAL AND MENTAL ABILITY TO DEVELOP A HIGH LEVEL OF ACADEMIC PROWESS, DISCIPLNE, SELF ESTEEM AND CONFIDENCE THROUGH BOXING.--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON CLARKEExecutive DiPT$31,819-$31,819
LEA BLACKDirectorPT$0--
ROY BLACKDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Blacks Annual Galainc
EIN
27-0428528
Phone
3054438980
Address
905 BRICKELL BAY DRIVE T2 2CL24, MIAMI, FL 33131

Signing Officer

Name
Jason Clarke
Title
Executive Director
Phone
3054438980
Signed
2017-10-05

Preparer

Firm
Ksdt & Co LLC
Address
9300 S DADELAND BLVD STE 600, MIAMI, FL 33156-2721
Preparer
Robert H Roth
Phone
3056703370
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 1,144 information technology 768 parking 240 bank fees 1,165 special events expense 12,073 merchant fees 488 licenses & registrations 145 total 16,023”

Form 990-ez, Part II, Line 24

“Employee advance 765 0 prepaid expenses and deferred charges 0 4,321 furniture & equipment 3,316 3,316 less accumulated depreciation 2,420 3,316 total 1,661 4,321”

Form 990-ez, Part II, Line 26

“Payroll tax liability 3,492 3,827”

Form 990-ez, Part III

“Dedicated to raising money for 501(c)(3) organizations dedicated to providing educational resources and experiences for at-risk youth that includes scholarships, vocational training, camps, workshops and after school activities encompassing curriculums that address culture, the arts, life skills as well as workforce preparation.”

Form 990-ez, Part III, Line 28

“League of champions is dedicated to inspire the next generation of champions. To strive to nurture young people to strengthen their innate physical and mental ability to develop a high level of academic prowess, disciplne, self esteem and confidence through boxing.”

Form 990-ez, Part III, Line 31

“League of champions ( 1,500)- dedicating to nurture young peoples mental and physical abilities through boxing.”

Raw XML Appendix153 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt01661
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04321
IRS990EZ/OtherExpensesTotalAmt016023
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DEDICATED TO RAISING MONEY FOR 501(C)(3) ORGANIZATIONS DEDICATED TO PROVIDING EDUCATIONAL RESOURCES AND EXPERIENCES FOR AT-RISK YOUTH THAT INCLUDES SCHOLARSHIPS, VOCATIONAL TRAINING, CAMPS, WORKSHOPS AND AFTER SCHOOL ACTIVITIES ENCOMPASSING CURRICULUMS THAT ADDRESS CULTURE, THE ARTS, LIFE SKILLS AS WELL AS WORKFORCE PREPARATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LEAGUE OF CHAMPIONS IS DEDICATED TO INSPIRE THE NEXT GENERATION OF CHAMPIONS. TO STRIVE TO NURTURE YOUNG PEOPLE TO STRENGTHEN THEIR INNATE PHYSICAL AND MENTAL ABILITY TO DEVELOP A HIGH LEVEL OF ACADEMIC PROWESS, DISCIPLNE, SELF ESTEEM AND CONFIDENCE THROUGH BOXING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1LEAGUE OF CHAMPIONS ( 1,500)- DEDICATING TO NURTURE YOUNG PEOPLES MENTAL AND PHYSICAL ABILITIES THROUGH BOXING.
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SpecialConditionDesc0IR2017150 HURRICANE IRMA RELIEF
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0833305
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 1,144 INFORMATION TECHNOLOGY 768 PARKING 240 BANK FEES 1,165 SPECIAL EVENTS EXPENSE 12,073 MERCHANT FEES 488 LICENSES & REGISTRATIONS 145 TOTAL 16,023
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EMPLOYEE ADVANCE 765 0 PREPAID EXPENSES AND DEFERRED CHARGES 0 4,321 FURNITURE & EQUIPMENT 3,316 3,316 LESS ACCUMULATED DEPRECIATION 2,420 3,316 TOTAL 1,661 4,321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAX LIABILITY 3,492 3,827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEDICATED TO RAISING MONEY FOR 501(C)(3) ORGANIZATIONS DEDICATED TO PROVIDING EDUCATIONAL RESOURCES AND EXPERIENCES FOR AT-RISK YOUTH THAT INCLUDES SCHOLARSHIPS, VOCATIONAL TRAINING, CAMPS, WORKSHOPS AND AFTER SCHOOL ACTIVITIES ENCOMPASSING CURRICULUMS THAT ADDRESS CULTURE, THE ARTS, LIFE SKILLS AS WELL AS WORKFORCE PREPARATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LEAGUE OF CHAMPIONS IS DEDICATED TO INSPIRE THE NEXT GENERATION OF CHAMPIONS. TO STRIVE TO NURTURE YOUNG PEOPLE TO STRENGTHEN THEIR INNATE PHYSICAL AND MENTAL ABILITY TO DEVELOP A HIGH LEVEL OF ACADEMIC PROWESS, DISCIPLNE, SELF ESTEEM AND CONFIDENCE THROUGH BOXING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LEAGUE OF CHAMPIONS ( 1,500)- DEDICATING TO NURTURE YOUNG PEOPLES MENTAL AND PHYSICAL ABILITIES THROUGH BOXING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON CLARKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03054438980
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BLACKS ANNUAL GALAINC
ReturnHeader/Filer/BusinessNameControlTxt0BLAC
ReturnHeader/Filer/EIN0270428528
ReturnHeader/Filer/PhoneNum03054438980
ReturnHeader/Filer/USAddress/AddressLine1Txt0905 BRICKELL BAY DRIVE T2 2CL24
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033131
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AB4569D75EE1D45B59A82A7B7FAED300F8349EA3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId065C8BCC96F6414BD79C71DBBA416850EA3AB5AAA
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260547877
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KSDT & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09300 S DADELAND BLVD STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331562721
ReturnHeader/PreparerPersonGrp/PhoneNum03056703370
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT H ROTH
ReturnHeader/ReturnTs02017-10-06T11:38:43-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,737
Liabilities
$3,827
Net assets
$5,910
Revenue
$3,405
Expenses
$65,909
Net income
-$62,504
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.34$0.39$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.57$0.57$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.04$0.06$0.03$0.66$0.63
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.03$0.68$0.45$2.33$1.89