Civic Intelligence

The Blavity Org Foundation Inc

EIN 85-2251399 • 501(c)3 • Lakewood, CA

Profile

The BlavityOrg Foundations mission is to empower and uplift underserved entrepreneurs by increasing access to resources knowledge and opportunities. Through education storytelling workshops and grants we are committed to providing the support needed to help businesses grow succeed and thrive where it matters most

4067 Hardwick St Ste 404Lakewood, CA 90712

https: www.blavity.org

Siviq Scores

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

Liabilities / Assets

41st percentile

0.00x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

45th percentile

0.01x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

7th percentile

-54%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-21%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$543,391

Down $167,103 (-24%) from 2023

Liabilities

Down

$0

Down $3,281 (-100%) from 2023

Net Assets

Down

$543,391

Down $163,822 (-23%) from 2023

Operations
Liabilities / Revenue45th percentileNet Margin7th percentile

Revenue

Down

$27,944

Down $325,414 (-92%) from 2023

Expenses

Down

$192,576

Down $350,163 (-65%) from 2023

Net Income

Up

-$164,632

Up $24,749 (+13%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$1.0M$500K$0Assets 2021: $830,554Liabilities 2021: $142,414Net Assets 2021: $688,1402021Assets 2022: $900,412Liabilities 2022: $3,818Net Assets 2022: $896,5942022Assets 2023: $710,494Liabilities 2023: $3,281Net Assets 2023: $707,2132023Assets 2024: $543,391Liabilities 2024: $0Net Assets 2024: $543,3912024

Highlighted filing

2024

Assets$543,391
Liabilities$0
Net Assets$543,391
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2021: $1,571,879Expenses 2021: $701,839Net Income 2021: $870,0402021Revenue 2022: $1,761,988Expenses 2022: $1,585,884Net Income 2022: $176,1042022Revenue 2023: $353,358Expenses 2023: $542,739Net Income 2023: -$189,3812023Revenue 2024: $27,944Expenses 2024: $192,576Net Income 2024: -$164,6322024

Highlighted filing

2024

Revenue$27,944
Expenses$192,576
Net Income-$164,632
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$543,391
Liabilities
$0
Net assets
$543,391
Revenue
$27,944
Expenses
$192,576
Net income
-$164,632
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.03$0.19$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.35$0.54$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.76$1.59$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.83$0.14$0.69$1.57$0.70$0.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$27,944
Mission and Program Overview

Mission

To fiscally support black led business

The BlavityOrg Foundations mission is to empower and uplift underserved entrepreneurs by increasing access to resources knowledge and opportunities. Through education storytelling workshops and grants we are committed to providing the support needed to help businesses grow succeed and thrive where it matters most.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$685,464$520,747▼ $164,717
Investments Other Securities$25,030$22,644▼ $2,386
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$710,494$543,391▼ $167,103
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$3,281$0▼ $3,281
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,281$0▼ $3,281
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$707,213$543,391▼ $163,822
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$707,213$543,391▼ $163,822
Total Liabilities and Net Assets / Fund Balance$710,494$543,391▼ $167,103
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Jeff NelsonCEOChair
Morgan DeBaunSecretary
Aaron SamuelsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,504
Program Service Revenue
$0
Investment Income
$17,440
Other Revenue
$0
All Other Contributions
$10,504
Change in Net Assets
$-164,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,576
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$43,500$0$43,500
Grants to Domestic Orgs$5,000--$5,000
Fees for Services Accounting$0$935$0$935
Other Expenses$0$572$0$572
Information Technology$0$280$0$280
Total Functional Expenses$147,289$45,287$0$192,576
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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 ItemBeginningEndChange
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 11B

“Draft 990 form is presented to management and board members for review before filing. The board representative approves the final 990 form for filing.”

Part VI, Line 15

“Approved by board as per bylaw”

Filing and Contact Details

Filer

Filer Name
The Blavity Org Foundation Inc
EIN
85-2251399
In Care Of
% Morgan DeBaun
Phone
6574447584
Address
4067 HARDWICK ST STE 404, LAKEWOOD, CA 90712

Signing Officer

Name
Morgan DeBaun
Title
Secretary
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Morgan DeBaun
Formed
2020
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
50

Preparer

Firm
The Nonprofit Plug LLC
Address
4067 HARDWICK ST PMB 404, LAKEWOOD, CA 90712
Preparer
Sharon Rose Elefant
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0707213
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0543391
IRS990/NoncashContributionsAmt00
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
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IRS990/OtherExpensesGrp/Desc0AfroTech
IRS990/OtherExpensesGrp/Desc1Founders Circle-Emerging Entrepreneur Program
IRS990/OtherExpensesGrp/Desc2Bank fee
IRS990/OtherExpensesGrp/FundraisingAmt00
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IRS990/OtherLiabilitiesGrp/BOYAmt03281
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IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0352943
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IRS990/PYGrantsAndSimilarPaidAmt0121000
IRS990/PYInvestmentIncomeAmt0415
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00

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