Civic Intelligence

Black in AI

990 • Fiscal year 2023 • EIN 82-4062920

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 13, 2024

101 Jefferson DriveMenlo Park, CA 94025

(862) 215-4674

Siviq Scores

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

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$196,754

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

59th percentile

8.2%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-24%

Faster revenue growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,823,393

Up $213,047 (+8.2%) from 2022

Net Assets

Up

$2,761,951

Up $154,707 (+5.9%) from 2022

Liabilities

Up

$61,442

Up $58,340 (+1881%) from 2022

Revenue

Down

$1,225,504

Down $384,564 (-24%) from 2022

Expenses

Up

$1,070,797

Up $310,978 (+41%) from 2022

Net Income

Down

$154,707

Down $695,542 (-82%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2018: $133,743Liabilities 2018: $107Net Assets 2018: $133,6362018Assets 2019: $57,548Liabilities 2019: $79,096Net Assets 2019: -$21,5482019Assets 2020: $818,594Liabilities 2020: $18Net Assets 2020: $818,5762020Assets 2021: $1,757,090Liabilities 2021: $95Net Assets 2021: $1,756,9952021Assets 2022: $2,610,346Liabilities 2022: $3,102Net Assets 2022: $2,607,2442022Assets 2023: $2,823,393Liabilities 2023: $61,442Net Assets 2023: $2,761,9512023Assets 2024: $2,072,255Liabilities 2024: $55,794Net Assets 2024: $2,016,4612024

Highlighted filing

2023

Assets$2,823,393
Liabilities$61,442
Net Assets$2,761,951

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2018: $294,827Expenses 2018: $161,191Net Income 2018: $133,6362018Revenue 2019: $510,452Expenses 2019: $665,636Net Income 2019: -$155,1842019Revenue 2020: $933,898Expenses 2020: $93,774Net Income 2020: $840,1242020Revenue 2021: $1,000,957Expenses 2021: $62,538Net Income 2021: $938,4192021Revenue 2022: $1,610,068Expenses 2022: $759,819Net Income 2022: $850,2492022Revenue 2023: $1,225,504Expenses 2023: $1,070,797Net Income 2023: $154,7072023Revenue 2024: $480,536Expenses 2024: $1,258,839Net Income 2024: -$778,3032024

Highlighted filing

2023

Revenue$1,225,504
Expenses$1,070,797
Net Income$154,707
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 13, 2024
Return Version
2023v5.1
Gross Receipts
$1,225,504
Mission and Program Overview

Mission

Black in ai is a place for sharing ideas, fostering collaborations, and discussing initiatives to increase the presence of black people in the field of artificial intelligence.

Black in AI aims to broaden the range of voices contributing to the development, deployment, and regulation of AI technology. With a global community of over 5900 members across 117 countries, our initiatives offer invaluable resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,557,103-
Cash and Non-Interest-Bearing Accounts$2,610,346$957,806▼ $1,652,540
Pledges and Grants Receivable-$265,000-
Accounts Receivable-$39,504-
Prepaid Expenses and Deferred Charges-$3,980-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,610,346$2,823,393▲ $213,047
Other Assets Total-$0-
Liabilities
Other Liabilities-$44,891-
Accounts Payable and Accrued Expenses$3,102$16,551▲ $13,449
Total Liabilities$3,102$61,442▲ $58,340
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,357,284$2,511,991▲ $154,707
Net Assets With Donor Restrictions$249,960$249,960→ $0
Total Net Assets Fund Balance$2,607,244$2,761,951▲ $154,707
Total Liabilities and Net Assets / Fund Balance$2,610,346$2,823,393▲ $213,047
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gelyn WatkinsCEOFT$190,000$6,754$196,754

Board Members and Trustees

NameTitle
Sanmi KoyejoPresident
Afua BruceDirector
Ezinne NwankwoSecretary
Simone BartlettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,214,467
Program Service Revenue
$0
Investment Income
$11,037
Other Revenue
$0
All Other Contributions
$1,214,467
Change in Net Assets
$154,707
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$537,591
Salaries, Compensation, and Employee Benefits$302,703
Grants and Similar Amounts Paid$230,503
Total Fundraising Expense$38,542
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$220,503--$220,503
Current Officers, Directors, Trustees, and Key Employees$126,666$31,667$31,667$190,000
Other Salaries and Wages$71,756$5,691$2,784$80,231
Advertising-$75,384-$75,384
Fees for Services Other-$61,606-$61,606
Other Expenses$53,900$8,310-$53,900
All Other Expenses$17,993$19,699$20$37,712
Fees for Services Accounting-$26,317-$26,317
Payroll Taxes$15,165$3,260$2,407$20,832
Conferences and Meetings$20,000--$20,000
Fees for Services Legal$3,465$9,686$1,225$14,376
Information Technology-$13,228-$13,228
Other Employee Benefits$7,148$4,053$439$11,640
Foreign Grants$10,000--$10,000
Insurance-$2,809-$2,809
Office Expenses-$2,152-$2,152
Travel$322--$322
Total Functional Expenses$768,393$263,862$38,542$1,070,797
International Activity

International Summary

Employees
4
Spending
$119,235

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
MorroccoProgram Services-01$56,400
FranceFund RaisingContractor01$45,500
CanadaEvents ManagementContractor01$13,549
BrazilWebsite management-01$3,786
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$44,890
Other Liability$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

Board members were given the opportunity to review the return before filing.

Form 990, Part VI, Section B, Line 12C

Annual disclosure form distributed to board members

Form 990, Part VI, Section B, Line 15A

Enlisted the services of a third party executive recruiter

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Black in Ai
EIN
82-4062920
Phone
8622154674
Address
101 Jefferson Drive, Menlo Park, CA 94025

Signing Officer

Name
Sanmi Koyejo
Title
President
Signed
2024-08-13
Discuss with paid preparer
Yes

Organization Details

Formed
2018
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
3
Volunteers
30

Preparer

Firm
Wynkoop Accounting LLC
Address
3219D California Ave SW, Seattle, WA 98116
Preparer
Kelly L Wynkoop
Phone
3604410242
Supplemental Narrative

Additional Explanations

Part XII line 1

BAI moved from Cash to Accrual based accounting in 2023

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01610067
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01000957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0933972
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0510441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05269903
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.45610
IRS990ScheduleA/PublicSupportPY170Pct00.76370
IRS990ScheduleA/PublicSupportTotal170Amt02403709
IRS990ScheduleA/SubstantialContributorsTotAmt02866194
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01214466
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01610067
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01000957
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0933972
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0510441
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05269903
IRS990ScheduleA/TotalSupportAmt05269903
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt044890
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalLiabilityAmt044891
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt21
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt31
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt013549
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt145500
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt256400
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt33786
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Canada
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1France
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2Morrocco
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3Brazil
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Contractor
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Contractor
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Events Management
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Fund Raising
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3Website management
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt010000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Wire
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Education
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Canada
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalSpentAmt0119235
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Accrual
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, Line 1 - Method of Accounting
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TotalSpentAmt0119235
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Program Services Conference
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0220503
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Grants to recipients
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt038
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Funds are disbursed to a third party travel agency for attendee travel purposes only
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0190000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06754
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Gelyn Watkins
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0196754
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board members were given the opportunity to review the return before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annual disclosure form distributed to board members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Enlisted the services of a third party executive recruiter
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BAI moved from Cash to Accrual based accounting in 2023
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part XII line 1
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02610346
IRS990/TotalAssetsEOYAmt02823393
IRS990/TotalAssetsGrp/BOYAmt02610346
IRS990/TotalAssetsGrp/EOYAmt02823393
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt01214467

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