Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
EIN 81-3953180 • 501(c)3 • Norfolk, VA
Profile
"brand" stands for business research analytics networking and development. Black brand is the black chamber of commerce for the hampton roads, va area, whose mission is to promote group economics through professional development and community empowerment. As the black chamber of commerce, organization's mission is to transform our local, regional, and national community through unity, education, access, opportunity, and development. During 2023 71% of participants were women-owned businesses, 40% of program participants resided in low or moderate income zip codes, and 20% of program participants were military affiliated.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
68th percentile
Higher top officer pay than 68% of similar nonprofits.
Top officer pay equals 9.8% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
16th percentile
Faster revenue growth than 16% of similar nonprofits.
Assets
Down$127,201
Down $117,842 (-48%) from 2023
Liabilities
Up$200,093
Up $164,060 (+455%) from 2023
Net Assets
Down-$72,892
Down $281,902 (-135%) from 2023
Revenue
Down$1,052,770
Down $259,130 (-20%) from 2023
Expenses
Down$1,334,672
Down $82,190 (-5.8%) from 2023
Net Income
Down-$281,902
Down $176,940 (-169%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
"brand" stands for business research analytics networking and development. Black brand is the black chamber of commerce for the hampton roads, va area, whose mission is to promote group economics through professional development and community empowerment. As the black chamber of commerce, organization's mission is to transform our local, regional, and national community through unity, education, access, opportunity, and development. During 2023 71% of participants were women-owned businesses, 40% of program participants resided in low or moderate income zip codes, and 20% of program participants were military affiliated.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $93,442 | $107,309 | ▲ $13,867 |
| Cash and Non-Interest-Bearing Accounts | $146,883 | $11,683 | ▼ $135,200 |
| Accounts Receivable | - | $5,025 | - |
| Land, Buildings, and Equipment, Net | $4,718 | $3,184 | ▼ $1,534 |
| Total Assets | $245,043 | $127,201 | ▼ $117,842 |
| Liabilities | |||
| Deferred Revenue | - | $125,000 | - |
| Accounts Payable and Accrued Expenses | $36,033 | $60,255 | ▲ $24,222 |
| Other Liabilities | - | $14,838 | - |
| Total Liabilities | $36,033 | $200,093 | ▲ $164,060 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $126,231 | - | - |
| Net Assets Without Donor Restrictions | $82,779 | $-72,892 | ▼ $155,671 |
| Total Net Assets Fund Balance | $209,010 | $-72,892 | ▼ $281,902 |
| Total Liabilities and Net Assets / Fund Balance | $245,043 | $127,201 | ▼ $117,842 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,184 | $4,486 | $7,670 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Blair Durham | Executive Di | FT | $102,900 | $102,900 |
| Dr Genese Rogers CPA | Treasurer | - | $32,810 | $32,810 |
| Jazmin Mullen-allen Esq | Director | - | $450 | $450 |
| Name | Title |
|---|---|
| Lafayette Judkins | Chair |
| Clarence Harris CPA | Director |
| Gary Artybridge | Director |
| James Boyd | Director |
| Nancy Prather-johnson | Director |
| Tonya Byrd | Director |
| Naomi Lewis | Parliamentar |
| Randy Williams | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $833,502 |
| Salaries, Compensation, and Employee Benefits | $424,170 |
| Grants and Similar Amounts Paid | $77,000 |
| Total Fundraising Expense | $40,839 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | $365,880 | $4,207 | $2,104 | $372,191 |
| Other Salaries and Wages | $208,570 | $24,538 | $12,269 | $245,377 |
| Fees for Services Other | $221,997 | - | - | $221,997 |
| Current Officers, Directors, Trustees, and Key Employees | $120,725 | $10,290 | $5,145 | $136,160 |
| Grants to Domestic Individuals | $77,000 | - | - | $77,000 |
| Advertising | $49,412 | - | $12,353 | $61,765 |
| Fees for Services Accounting | $43,359 | $5,101 | $2,551 | $51,011 |
| Payroll Taxes | $22,828 | $2,686 | $1,343 | $26,857 |
| Occupancy | $22,192 | $2,611 | $1,305 | $26,108 |
| Office Expenses | $17,351 | $2,042 | $1,020 | $20,413 |
| Other Employee Benefits | $13,409 | $1,578 | $789 | $15,776 |
| Information Technology | $5,884 | $692 | $346 | $6,922 |
| All Other Expenses | $5,177 | $457 | $228 | $5,862 |
| Other Expenses | $4,860 | $1,371 | $1,271 | $4,860 |
| Insurance | $1,957 | $230 | $115 | $2,302 |
| Interest | $2,126 | - | - | $2,126 |
| Depreciation Depletion | $1,381 | $153 | - | $1,534 |
| Travel | $280 | - | - | $280 |
| Total Functional Expenses | $1,233,635 | $60,198 | $40,839 | $1,334,672 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,450,097 |
| Expenses per Audited Statements | $1,334,672 |
| Total Expenses per Form 990 | $1,334,672 |
| Expenses Not Reported on Form 990 | $115,425 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Other Liabilities | $14,838 |
“A draft of the 990 is sent to to board for approval prior to filing.”
“Each director or officer shall sign a conflict of interest statement.”
“These are available upon request.”
“"brand" stands for business research analytics networking and development. Black brand is the black chamber of commerce for the hampton roads, va area, whose mission is to promote group economics through professional development and community empowerment. As the black chamber of commerce, organization's mission is to transform our local, regional, and national community through unity, education, access, opportunity, and development. During 2023 71% of participants were women-owned businesses, 40% of program participants resided in low or moderate income zip codes, and 20% of program participants were military affiliated.”
“In 2023, b-force accelerator nurtured 140 businesses, many of whom are providing critical service in hampton roads every day. In addition to the technical assistance provided, business owners benefited in the following important ways: 1. B-force accelerator awarded 71,000 in funding to 20 program participants. 2. 65 b-force participants reported having accessed a total of 1,650,794 in capital. 3. B-force accelerator expanded its service area to accept businesses across the hampton roads region, and partnered with the city of portsmouth economic development to ensure that all portsmouth cohort program graduates would qualify to receive its 2000 and/or 5000 grant. 4. Black brand curated a popup event for each of its five cohorts whereby the community could come out, learn about and shop with local merchants. 5. Black brand organized a successful cash mob event for one deserving business during each cohort where the entire cohort committed to coming out, bringing a friend, and spending at least 20. 6. Black brand provided collaboration opportunities for participants which turned into a number of successful collaborations and joint ventures. 7. Black brand worked one on one with businesses not only to prepare them but to curate capital opportunities for them based on their unique profiles, resulting in a number of businesses receiving their first ever capital opportunities in the form of grants, business credit cards, lines of credit, and pitch contest winnings from across the region. Women who lead is a 12-week professional development accelerator that helps minority women (prioritizing lmi candidates) improve their leadership skills, access traditionally male-dominated industries, and gain certifications to obtain higher paying wages or access to contract opportunities. In partnership with nsu, participants are exposed to 58 subject-matter experts. 75% of participants matriculated into wwl society for ongoing professional development. 15% of participants increased their pay during or after the 12-week cohort. 20% of cohort members took classes to obtain certification. 30% of participants obtained community-based leadership positions. 10% of participants matriculated into other personal or professional development programs. Black diamond weekend 2023 expanded its offering to create a free track called 757 bias which included an opportunity fair and affirmative action town hall, introducing participants to the invaluable resources that exist across the hampton roads region. In addition to four other value-packed tracks, participants were given the opportunity to earn ceus through tcc for the courses taken. The 8th annual black diamond affair awarded key leaders in the following categories: excellence in innovation: michelle wren- portsmouth partnership lifetime achievement in business: dr. Keith newby - fort norfolk medical plaza community impact: truist entrepreneur of the year: diamond gorman- rea-d employment agency, llc excellence in nonprofit leadership: anthony walters - ymca excellence in business leadership - nneka chiazor- cox communications excellence in health equity- dana beckton - sentara health excellence in public relations- kelli webb- kbd group llc excellence in entertainment- tony brothers- brothers restaurant bdw 2023 featured 70+ hours of content, 75 speakers across 3 days, 451 participants, 1 grant given to black health-industry business, and 9 community black diamond awards.”
“Consultants 255,257 0 0 less fees paid to bod -32,810 0 0 less fees paid to bod -450 0 0 total 221,997 0 0”
“Black brand is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. Internal revenue code section 513(a) defines an unrelated trade or business of an unexempt organization as any trade or business which is not substantially related to the exercise or performance of its exempt purpose. Currently the organization has no obligation for any unrelated business income tax. Black brand believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements; however, any penalties and interest incurred as a result of uncertain tax positions would be recorded in general administration.”
“The organization's federal return of organization exempt from income tax (form 990) for the years ending 2024, 2023, 2022, and 2021 are subject to examination by the irs, generally for three years after they were filed.”
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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|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | "BRAND" STANDS FOR BUSINESS RESEARCH ANALYTICS NETWORKING AND DEVELOPMENT. BLACK BRAND IS THE BLACK CHAMBER OF COMMERCE FOR THE HAMPTON ROADS, VA AREA, WHOSE MISSION IS TO PROMOTE GROUP ECONOMICS THROUGH PROFESSIONAL DEVELOPMENT AND COMMUNITY EMPOWERMENT. AS THE BLACK CHAMBER OF COMMERCE, ORGANIZATION'S MISSION IS TO TRANSFORM OUR LOCAL, REGIONAL, AND NATIONAL COMMUNITY THROUGH UNITY, EDUCATION, ACCESS, OPPORTUNITY, AND DEVELOPMENT. DURING 2023 71% OF PARTICIPANTS WERE WOMEN-OWNED BUSINESSES, 40% OF PROGRAM PARTICIPANTS RESIDED IN LOW OR MODERATE INCOME ZIP CODES, AND 20% OF PROGRAM PARTICIPANTS WERE MILITARY AFFILIATED. |
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| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 49412 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 61765 |
| IRS990/AllOtherContributionsAmt | 0 | 288270 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 228 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 457 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 5177 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 5862 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | BLAIR DURHAM |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7572887400 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 520 E MAIN STREET STE 4 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NORFOLK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 77000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 6 |
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| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 153 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1381 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1534 |
| IRS990/Desc | 0 | IN 2023, B-FORCE ACCELERATOR NURTURED 140 BUSINESSES, MANY OF WHOM ARE PROVIDING CRITICAL SERVICE IN HAMPTON ROADS EVERY DAY. IN ADDITION TO THE TECHNICAL ASSISTANCE PROVIDED, BUSINESS OWNERS BENEFITED IN THE FOLLOWING IMPORTANT WAYS: 1. B-FORCE ACCELERATOR AWARDED 71,000 IN FUNDING TO 20 PROGRAM PARTICIPANTS. 2. 65 B-FORCE PARTICIPANTS REPORTED HAVING ACCESSED A TOTAL OF 1,650,794 IN CAPITAL. 3. B-FORCE ACCELERATOR EXPANDED ITS SERVICE AREA TO ACCEPT BUSINESSES ACROSS THE HAMPTON ROADS REGION, AND PARTNERED WITH THE CITY OF PORTSMOUTH ECONOMIC DEVELOPMENT TO ENSURE THAT ALL PORTSMOUTH COHORT PROGRAM GRADUATES WOULD QUALIFY TO RECEIVE ITS 2000 AND/OR 5000 GRANT. 4. BLACK BRAND CURATED A POPUP EVENT FOR EACH OF ITS FIVE COHORTS WHEREBY THE COMMUNITY COULD COME OUT, LEARN ABOUT AND SHOP WITH LOCAL MERCHANTS. 5. BLACK BRAND ORGANIZED A SUCCESSFUL CASH MOB EVENT FOR ONE DESERVING BUSINESS DURING EACH COHORT WHERE THE ENTIRE COHORT COMMITTED TO COMING OUT, BRINGING A FRIEND, AND SPENDING AT LEAST 20. 6. BLACK BRAND PROVIDED COLLABORATION OPPORTUNITIES FOR PARTICIPANTS WHICH TURNED INTO A NUMBER OF SUCCESSFUL COLLABORATIONS AND JOINT VENTURES. 7. BLACK BRAND WORKED ONE ON ONE WITH BUSINESSES NOT ONLY TO PREPARE THEM BUT TO CURATE CAPITAL OPPORTUNITIES FOR THEM BASED ON THEIR UNIQUE PROFILES, RESULTING IN A NUMBER OF BUSINESSES RECEIVING THEIR FIRST EVER CAPITAL OPPORTUNITIES IN THE FORM OF GRANTS, BUSINESS CREDIT CARDS, LINES OF CREDIT, AND PITCH CONTEST WINNINGS FROM ACROSS THE REGION. WOMEN WHO LEAD IS A 12-WEEK PROFESSIONAL DEVELOPMENT ACCELERATOR THAT HELPS MINORITY WOMEN (PRIORITIZING LMI CANDIDATES) IMPROVE THEIR LEADERSHIP SKILLS, ACCESS TRADITIONALLY MALE-DOMINATED INDUSTRIES, AND GAIN CERTIFICATIONS TO OBTAIN HIGHER PAYING WAGES OR ACCESS TO CONTRACT OPPORTUNITIES. IN PARTNERSHIP WITH NSU, PARTICIPANTS ARE EXPOSED TO 58 SUBJECT-MATTER EXPERTS. 75% OF PARTICIPANTS MATRICULATED INTO WWL SOCIETY FOR ONGOING PROFESSIONAL DEVELOPMENT. 15% OF PARTICIPANTS INCREASED THEIR PAY DURING OR AFTER THE 12-WEEK COHORT. 20% OF COHORT MEMBERS TOOK CLASSES TO OBTAIN CERTIFICATION. 30% OF PARTICIPANTS OBTAINED COMMUNITY-BASED LEADERSHIP POSITIONS. 10% OF PARTICIPANTS MATRICULATED INTO OTHER PERSONAL OR PROFESSIONAL DEVELOPMENT PROGRAMS. BLACK DIAMOND WEEKEND 2023 EXPANDED ITS OFFERING TO CREATE A FREE TRACK CALLED 757 BIAS WHICH INCLUDED AN OPPORTUNITY FAIR AND AFFIRMATIVE ACTION TOWN HALL, INTRODUCING PARTICIPANTS TO THE INVALUABLE RESOURCES THAT EXIST ACROSS THE HAMPTON ROADS REGION. IN ADDITION TO FOUR OTHER VALUE-PACKED TRACKS, PARTICIPANTS WERE GIVEN THE OPPORTUNITY TO EARN CEUS THROUGH TCC FOR THE COURSES TAKEN. THE 8TH ANNUAL BLACK DIAMOND AFFAIR AWARDED KEY LEADERS IN THE FOLLOWING CATEGORIES: EXCELLENCE IN INNOVATION: MICHELLE WREN- PORTSMOUTH PARTNERSHIP LIFETIME ACHIEVEMENT IN BUSINESS: DR. KEITH NEWBY - FORT NORFOLK MEDICAL PLAZA COMMUNITY IMPACT: TRUIST ENTREPRENEUR OF THE YEAR: DIAMOND GORMAN- REA-D EMPLOYMENT AGENCY, LLC EXCELLENCE IN NONPROFIT LEADERSHIP: ANTHONY WALTERS - YMCA EXCELLENCE IN BUSINESS LEADERSHIP - NNEKA CHIAZOR- COX COMMUNICATIONS EXCELLENCE IN HEALTH EQUITY- DANA BECKTON - SENTARA HEALTH EXCELLENCE IN PUBLIC RELATIONS- KELLI WEBB- KBD GROUP LLC EXCELLENCE IN ENTERTAINMENT- TONY BROTHERS- BROTHERS RESTAURANT BDW 2023 FEATURED 70+ HOURS OF CONTENT, 75 SPEAKERS ACROSS 3 DAYS, 451 PARTICIPANTS, 1 GRANT GIVEN TO BLACK HEALTH-INDUSTRY BUSINESS, AND 9 COMMUNITY BLACK DIAMOND AWARDS. |
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| IRS990/DisregardedEntityInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | BLAIR DURHAM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LAFAYETTE JUDKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DR GENESE ROGERS CPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RANDY WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | NAOMI LEWIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CLARENCE HARRIS CPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JAZMIN MULLEN-ALLEN ESQ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | TONYA BYRD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JAMES BOYD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | GARY ARTYBRIDGE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | NANCY PRATHER-JOHNSON |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
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| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 692 |
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| IRS990/OtherExpensesGrp/Desc | 3 | BANK CHARGES |
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| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OTHER LIABILITIES |
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| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1052770 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | BLACK BRAND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN UNEXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. CURRENTLY THE ORGANIZATION HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. BLACK BRAND BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS; HOWEVER, ANY PENALTIES AND INTEREST INCURRED AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD BE RECORDED IN GENERAL ADMINISTRATION. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR THE YEARS ENDING 2024, 2023, 2022, AND 2021 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XIII |
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| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1334672 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 14838 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1052770 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1168195 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1450097 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
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| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | PROGRAM GRADUATES |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 42 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | "BRAND" STANDS FOR BUSINESS RESEARCH ANALYTICS NETWORKING AND DEVELOPMENT. BLACK BRAND IS THE BLACK CHAMBER OF COMMERCE FOR THE HAMPTON ROADS, VA AREA, WHOSE MISSION IS TO PROMOTE GROUP ECONOMICS THROUGH PROFESSIONAL DEVELOPMENT AND COMMUNITY EMPOWERMENT. AS THE BLACK CHAMBER OF COMMERCE, ORGANIZATION'S MISSION IS TO TRANSFORM OUR LOCAL, REGIONAL, AND NATIONAL COMMUNITY THROUGH UNITY, EDUCATION, ACCESS, OPPORTUNITY, AND DEVELOPMENT. DURING 2023 71% OF PARTICIPANTS WERE WOMEN-OWNED BUSINESSES, 40% OF PROGRAM PARTICIPANTS RESIDED IN LOW OR MODERATE INCOME ZIP CODES, AND 20% OF PROGRAM PARTICIPANTS WERE MILITARY AFFILIATED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | IN 2023, B-FORCE ACCELERATOR NURTURED 140 BUSINESSES, MANY OF WHOM ARE PROVIDING CRITICAL SERVICE IN HAMPTON ROADS EVERY DAY. IN ADDITION TO THE TECHNICAL ASSISTANCE PROVIDED, BUSINESS OWNERS BENEFITED IN THE FOLLOWING IMPORTANT WAYS: 1. B-FORCE ACCELERATOR AWARDED 71,000 IN FUNDING TO 20 PROGRAM PARTICIPANTS. 2. 65 B-FORCE PARTICIPANTS REPORTED HAVING ACCESSED A TOTAL OF 1,650,794 IN CAPITAL. 3. B-FORCE ACCELERATOR EXPANDED ITS SERVICE AREA TO ACCEPT BUSINESSES ACROSS THE HAMPTON ROADS REGION, AND PARTNERED WITH THE CITY OF PORTSMOUTH ECONOMIC DEVELOPMENT TO ENSURE THAT ALL PORTSMOUTH COHORT PROGRAM GRADUATES WOULD QUALIFY TO RECEIVE ITS 2000 AND/OR 5000 GRANT. 4. BLACK BRAND CURATED A POPUP EVENT FOR EACH OF ITS FIVE COHORTS WHEREBY THE COMMUNITY COULD COME OUT, LEARN ABOUT AND SHOP WITH LOCAL MERCHANTS. 5. BLACK BRAND ORGANIZED A SUCCESSFUL CASH MOB EVENT FOR ONE DESERVING BUSINESS DURING EACH COHORT WHERE THE ENTIRE COHORT COMMITTED TO COMING OUT, BRINGING A FRIEND, AND SPENDING AT LEAST 20. 6. BLACK BRAND PROVIDED COLLABORATION OPPORTUNITIES FOR PARTICIPANTS WHICH TURNED INTO A NUMBER OF SUCCESSFUL COLLABORATIONS AND JOINT VENTURES. 7. BLACK BRAND WORKED ONE ON ONE WITH BUSINESSES NOT ONLY TO PREPARE THEM BUT TO CURATE CAPITAL OPPORTUNITIES FOR THEM BASED ON THEIR UNIQUE PROFILES, RESULTING IN A NUMBER OF BUSINESSES RECEIVING THEIR FIRST EVER CAPITAL OPPORTUNITIES IN THE FORM OF GRANTS, BUSINESS CREDIT CARDS, LINES OF CREDIT, AND PITCH CONTEST WINNINGS FROM ACROSS THE REGION. WOMEN WHO LEAD IS A 12-WEEK PROFESSIONAL DEVELOPMENT ACCELERATOR THAT HELPS MINORITY WOMEN (PRIORITIZING LMI CANDIDATES) IMPROVE THEIR LEADERSHIP SKILLS, ACCESS TRADITIONALLY MALE-DOMINATED INDUSTRIES, AND GAIN CERTIFICATIONS TO OBTAIN HIGHER PAYING WAGES OR ACCESS TO CONTRACT OPPORTUNITIES. IN PARTNERSHIP WITH NSU, PARTICIPANTS ARE EXPOSED TO 58 SUBJECT-MATTER EXPERTS. 75% OF PARTICIPANTS MATRICULATED INTO WWL SOCIETY FOR ONGOING PROFESSIONAL DEVELOPMENT. 15% OF PARTICIPANTS INCREASED THEIR PAY DURING OR AFTER THE 12-WEEK COHORT. 20% OF COHORT MEMBERS TOOK CLASSES TO OBTAIN CERTIFICATION. 30% OF PARTICIPANTS OBTAINED COMMUNITY-BASED LEADERSHIP POSITIONS. 10% OF PARTICIPANTS MATRICULATED INTO OTHER PERSONAL OR PROFESSIONAL DEVELOPMENT PROGRAMS. BLACK DIAMOND WEEKEND 2023 EXPANDED ITS OFFERING TO CREATE A FREE TRACK CALLED 757 BIAS WHICH INCLUDED AN OPPORTUNITY FAIR AND AFFIRMATIVE ACTION TOWN HALL, INTRODUCING PARTICIPANTS TO THE INVALUABLE RESOURCES THAT EXIST ACROSS THE HAMPTON ROADS REGION. IN ADDITION TO FOUR OTHER VALUE-PACKED TRACKS, PARTICIPANTS WERE GIVEN THE OPPORTUNITY TO EARN CEUS THROUGH TCC FOR THE COURSES TAKEN. THE 8TH ANNUAL BLACK DIAMOND AFFAIR AWARDED KEY LEADERS IN THE FOLLOWING CATEGORIES: EXCELLENCE IN INNOVATION: MICHELLE WREN- PORTSMOUTH PARTNERSHIP LIFETIME ACHIEVEMENT IN BUSINESS: DR. KEITH NEWBY - FORT NORFOLK MEDICAL PLAZA COMMUNITY IMPACT: TRUIST ENTREPRENEUR OF THE YEAR: DIAMOND GORMAN- REA-D EMPLOYMENT AGENCY, LLC EXCELLENCE IN NONPROFIT LEADERSHIP: ANTHONY WALTERS - YMCA EXCELLENCE IN BUSINESS LEADERSHIP - NNEKA CHIAZOR- COX COMMUNICATIONS EXCELLENCE IN HEALTH EQUITY- DANA BECKTON - SENTARA HEALTH EXCELLENCE IN PUBLIC RELATIONS- KELLI WEBB- KBD GROUP LLC EXCELLENCE IN ENTERTAINMENT- TONY BROTHERS- BROTHERS RESTAURANT BDW 2023 FEATURED 70+ HOURS OF CONTENT, 75 SPEAKERS ACROSS 3 DAYS, 451 PARTICIPANTS, 1 GRANT GIVEN TO BLACK HEALTH-INDUSTRY BUSINESS, AND 9 COMMUNITY BLACK DIAMOND AWARDS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A DRAFT OF THE 990 IS SENT TO TO BOARD FOR APPROVAL PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EACH DIRECTOR OR OFFICER SHALL SIGN A CONFLICT OF INTEREST STATEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THESE ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | CONSULTANTS 255,257 0 0 LESS FEES PAID TO BOD -32,810 0 0 LESS FEES PAID TO BOD -450 0 0 TOTAL 221,997 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
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