Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Center for Black Innovation Inc.
990 • Fiscal year 2020 • EIN 47-2134965
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.66x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
33rd percentile
Higher net margin than 33% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 10.5% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
37th percentile
Faster revenue growth than 37% of similar nonprofits.
Balance Sheet
Assets
Up$774,715
Up $397,532 (+105%) from 2019
Net Assets
Down$259,629
Down $12,420 (-4.6%) from 2019
Liabilities
Up$515,086
Up $409,952 (+390%) from 2019
Revenue And Expenses
Revenue
Down$860,070
Down $103,158 (-11%) from 2019
Expenses
Down$879,856
Down $139,225 (-14%) from 2019
Net Income
Up-$19,786
Up $36,067 (+65%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 15, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $860,070
Mission and Program Overview
Mission
Provide training and support to youths and adults in the field of computer programming
Our mission is to eliminate innovation deserts in communities of color by driving black prosperity through Black competitiveness innovation culture and easily accessible capital.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $0 | $367,385 | ▲ $367,385 |
| Land, Buildings, and Equipment, Net | $226,305 | $281,728 | ▲ $55,423 |
| Rtn Earn Endowment Incm Other Fnds | $272,049 | $259,629 | ▼ $12,420 |
| Cash and Non-Interest-Bearing Accounts | $55,787 | $118,102 | ▲ $62,315 |
| Accounts Receivable | $95,030 | $0 | ▼ $95,030 |
| Prepaid Expenses and Deferred Charges | $0 | $5,000 | ▲ $5,000 |
| Savings and Temporary Cash Investments | $61 | $2,500 | ▲ $2,439 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $377,183 | $774,715 | ▲ $397,532 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Deferred Revenue | $37,189 | $311,450 | ▲ $274,261 |
| Other Liabilities | $0 | $90,000 | ▲ $90,000 |
| Unsecured Notes Loans Payable | $0 | $60,752 | ▲ $60,752 |
| Accounts Payable and Accrued Expenses | $67,945 | $52,884 | ▼ $15,061 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $105,134 | $515,086 | ▲ $409,952 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $272,049 | $259,629 | ▼ $12,420 |
| Total Liabilities and Net Assets / Fund Balance | $377,183 | $774,715 | ▲ $397,532 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $0 | $0 | $0 |
| Other Land Buildings | $60,675 | $0 | $0 |
| Land | $0 | - | $0 |
| Equipment | $34,253 | $30,153 | $0 |
| Leasehold Improvements | $186,800 | $211,200 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Derick Pearson | President | FT | $90,000 | $90,000 |
| Felecia Hatcher | Executive Director | FT | $90,000 | $90,000 |
| Starex Smith | Vice President | FT | $90,000 | $90,000 |
Board Members and Trustees
| Name | Title |
|---|---|
| Gerald Nieves Caro | President |
| Elmay Hatcher | Secretary |
| Joshua Grayson | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $746,642
- Program Service Revenue
- $113,425
- Investment Income
- $3
- Other Revenue
- $0
- All Other Contributions
- $746,642
- Change in Net Assets
- $-19,786
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $529,059 |
| Salaries, Compensation, and Employee Benefits | $348,447 |
| Grants and Similar Amounts Paid | $2,350 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $220,166 | $49,834 | $0 | $270,000 |
| Fees for Services Other | $161,242 | $3,500 | $0 | $164,742 |
| Conferences and Meetings | $88,746 | $2,860 | $0 | $91,606 |
| Depreciation Depletion | $75,912 | $581 | $0 | $76,493 |
| Office Expenses | $26,991 | $28,174 | $0 | $55,165 |
| Occupancy | $52,642 | $1,639 | $0 | $54,281 |
| Advertising | $16,145 | $26,960 | $0 | $43,105 |
| Other Employee Benefits | $0 | $36,231 | $0 | $36,231 |
| Other Salaries and Wages | $13,321 | $18,218 | $0 | $31,539 |
| Travel | $8,952 | $7,995 | $0 | $16,947 |
| Insurance | $10,000 | $2,387 | $0 | $12,387 |
| Payroll Taxes | $9,560 | $1,117 | $0 | $10,677 |
| Fees for Services Accounting | $0 | $6,581 | $0 | $6,581 |
| Grants to Domestic Individuals | $2,350 | - | - | $2,350 |
| Other Expenses | $275 | $907 | $0 | $1,182 |
| Total Functional Expenses | $687,909 | $191,947 | $0 | $879,856 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Estate taxes and Landlord Expenses | $90,000 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- No
- 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
- Yes
- 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
Part VI, Line 2
“| Employee:, Relationship:, Employee:| Felecia Hatcher, Family Relationship, Derick Pearson| Felecia Hatcher, Family Relationship, Elmay Hatcher|”
Part VI, Section B, Line 11B
“A copy of form 990 is provided to the organization's accounting manager who furnishes a copy to the designated board members for their review. After comments from the Board & officers the return is finalized. After comments and any revisions a final copy is forwarded to the accounting manager prior to filing with the IRS. The board reviews the final copy at the first meeting after filing.”
Part VI, Section B, Line 12C
“No employee officer or agent of the Organization shall participate directly or indirectly in the selection or in the award or administration of any procurement if a conflict real or apparent would be involved. Such conflict would arise when a financial or other interest in a firm selected for award is held by: 1. An employee officer or agent involved in making the award; 2. His her relative including father mother son daughter brother sister uncle aunt first cousin nephew niece husband wife father-in-law mother-in-law son-in-law daughter-in-law brother-in-law sister-in- law stepfather stepmother stepson stepdaughter stepbrother stepsister half brother or half sister; 3. His her partner; or 4. An organization which employs is negotiating to employ or has an arrangement concerning prospective employment of any of the above.”
Part VI, Section B, Line 15
“| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Felecia Hatcher, The Board will obtain research and information to determine the compensation salary and benefits of the Executive Director based on a review of comparability data., 2017|”
Part VI, Section C, Line 19
“The organization makes its governing documents and conflicts of interest policy available to the public upon request. The organization's financial statements are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Code Fever Miami Inc
- EIN
- 47-2134965
- In Care Of
- % Derick Pearson
- Address
- 937 NW 3rd Ave, Miami, FL 33136-3305
- Doing Business As
- Center For Black Innovation Inc
Signing Officer
- Name
- Derick Pearson
- Title
- President
- Signed
- 2021-11-15
- Discuss with paid preparer
- No
Organization Details
- Formed
- 2014
- Legal Domicile
- Fl
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 4
- Volunteers
- 10
Supplemental Narrative
Additional Explanations
Part III, Line 4D
“| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Entrepreneurial program that encompasses STEAM education behavior modification life skills activities and cultural enrichment that assist in the positive development of students., $102360, $0, $90000|”
Part IX, line 11G
“| Description:, Amount:| Contract Labor, $62683| Instructors, $91416| Training, $10643|”
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| IRS990/Desc | 0 | Our company conducts camps workshops hack-a-thons and tech symposiums throughout the state of Florida to introduce youth and young adults with a particular emphasis on residents from low-income low opportunity communities on how to transition from being just consumers of technology to innovators of technology. |
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| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2387 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 10000 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 12387 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/FundraisingAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentExpenseAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 3 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 45 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 241353 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 226305 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 281728 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 523081 |
| IRS990/LegalDomicileStateCd | 0 | FL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Our mission is to eliminate innovation deserts in communities of color by driving black prosperity through Black competitiveness innovation culture and easily accessible capital. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NameChangeInd | 0 | X |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 272049 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 259629 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/ExclusionAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 0 |
| IRS990/NoncashContributionsAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1639 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 52642 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 54281 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 28174 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 26991 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 55165 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 36231 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 36231 |
| IRS990/OtherExpensesGrp/Desc | 0 | Subscriptions |
| IRS990/OtherExpensesGrp/Desc | 1 | Taxes & Licenses |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 4963 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 907 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1607 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 275 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 6570 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1182 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 90000 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 18218 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 13321 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 31539 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/FundraisingAmt | 0 | 0 |
| IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1117 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 9560 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 10677 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 367385 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5000 |
| IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt | 0 | Derick Pearson |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 7366 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611420 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 611420 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 611420 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Educational Support Services |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | A Space Called Tribe |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Bootcamps |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Other Events |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 3 | 0 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 90000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 12022 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 8355 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 3048 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 90000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 12022 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 8355 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 3048 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 3 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Our Covid-19 Family First Education and STEM Initiative CFESI is designed to assist youth and their families in mitigating the impact of Covid-19 by way of our Covid-19 Academic Support Program focused on tutoring and academic support services. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 199502 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | The VC-in-Residence program seeks to increase the number of minority-founded venture-backed high-growth businesses in the U.S. and the number of minority VC and angels that seek to fund these ventures. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 140641 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 615592 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 6500 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt | 0 | 0 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 685718 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 347635 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -55853 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 326863 |
| IRS990/PYTotalExpensesAmt | 0 | 1019081 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 963228 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -19786 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RelatedOrganizationsAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $774,715
- Liabilities
- $515,086
- Net assets
- $259,629
- Revenue
- $860,070
- Expenses
- $879,856
- Net income
- -$19,786