Civic Intelligence

Black Capital Foundation

990EZ • Fiscal year 2024 • EIN 86-2749636

Jan 01, 2024 to Dec 31, 2024 • Filed on May 15, 2025

PO Box 7077Denver, CO 80207

(720) 297-5301

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

40th percentile

-0.6%

Higher net margin than 40% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$6,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 45.3% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

3rd percentile

-100%

Faster asset growth than 3% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-89%

Faster revenue growth than 3% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$0

Down $50,621 (-100%) from 2022

Net Assets

Down

$0

Down $49,927 (-100%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$13,250

Down $148,750 (-92%) from 2022

Expenses

Down

$13,324

Down $98,749 (-88%) from 2022

Net Income

Down

-$74

Down $50,001 (-100%) from 2022

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2022: $50,621Liabilities 2022: $694Net Assets 2022: $49,9272022Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2022: $162,000Expenses 2022: $112,073Net Income 2022: $49,9272022Revenue 2024: $13,250Expenses 2024: $13,324Net Income 2024: -$742024

Highlighted filing

2024

Revenue$13,250
Expenses$13,324
Net Income-$74
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$13,250
Mission and Program Overview

Mission

To eliminate the wealth gap in the black community across colorado. To raise, invest, steward, and expand capital for black businesses and communities. The black capital foundation (bcf) is a non-profit designed to support and benefit black-owned and operated businesses that serve the black community. Bcf aims to be a solution that will contribute to providing inclusivity and equity for black ownership. Through impactful partnerships that are aligned to create tangible and realistic approaches, bcf will work to close the wealth gap in the black community.

To eliminate the wealth gap in the black community across america. To raise, invest, steward and expand capital for black businesses and communities. The black capital foundation (bcf) is a foundation designed to support and benefit black owned and operated businesses that serve the black community. Bcf aims to be a solution that will contribute to providing inclusivity and equity for black ownership. Through impactful partnerships that are aligned to create tangible and realistic approaches, bcf will work to close the wealth gap in the black community.

Program Services

DescriptionGrantsExpenses
BCF WILL STRATEGICALLY INVEST THE DOLLARS RAISED TO ENSURE LONG TERM FINANCIAL SECURITY FOR BCF AS WELL AS CREATE FUNNELS OF OPPORTUNITY TO PURCHASE PROPERTY, INFRASTRUCTURE AND PROPRIETARY TECHNOLOGY THAT BLACK BUSINESSES AND ORGANIZATIONS CAN UTILIZE TO ACHIEVE THEIR MISSION AND MEET THEIR FINANCIAL GOALS. THEREFORE, SEVERAL GRANTS WERE ISSUED TO BUSINESSES AND ORGANIZATIONS.$4,349$4,494
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES COLEMANPresidentPT$6,000-$6,000
GREGORY HATCHERSecretary/TrPT$0--
KWON ATLASDirector-$0--
ASHLEE WEDGEWORTHDirector-$0--
JOSH RAINESDirector-$0--
Filing and Contact Details

Filer

Filer Name
Black Capital Foundation
EIN
86-2749636
Phone
7202975301
Address
PO BOX 7077, DENVER, CO 80207

Signing Officer

Name
James Coleman
Title
President
Phone
9736521972
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Jds Professional Group
Address
10303 E DRY CREEK RD STE 400, ENGLEWOOD, CO 80112
Preparer
Lori B Bauer CPA
Phone
3037710123
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses information technology 300 bank fees 80 miscellaneous program 145 total 525

Form 990-ez, Part III

To eliminate the wealth gap in the black community across america. To raise, invest, steward and expand capital for black businesses and communities. The black capital foundation (bcf) is a foundation designed to support and benefit black owned and operated businesses that serve the black community. Bcf aims to be a solution that will contribute to providing inclusivity and equity for black ownership. Through impactful partnerships that are aligned to create tangible and realistic approaches, bcf will work to close the wealth gap in the black community.

Form 990-ez, Part III, Line 28

Bcf will strategically invest the dollars raised to ensure long term financial security for bcf as well as create funnels of opportunity to purchase property, infrastructure and proprietary technology that black businesses and organizations can utilize to achieve their mission and meet their financial goals. Therefore, several grants were issued to businesses and organizations.

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IRS990EZ/PrimaryExemptPurposeTxt0TO ELIMINATE THE WEALTH GAP IN THE BLACK COMMUNITY ACROSS AMERICA. TO RAISE, INVEST, STEWARD AND EXPAND CAPITAL FOR BLACK BUSINESSES AND COMMUNITIES. THE BLACK CAPITAL FOUNDATION (BCF) IS A FOUNDATION DESIGNED TO SUPPORT AND BENEFIT BLACK OWNED AND OPERATED BUSINESSES THAT SERVE THE BLACK COMMUNITY. BCF AIMS TO BE A SOLUTION THAT WILL CONTRIBUTE TO PROVIDING INCLUSIVITY AND EQUITY FOR BLACK OWNERSHIP. THROUGH IMPACTFUL PARTNERSHIPS THAT ARE ALIGNED TO CREATE TANGIBLE AND REALISTIC APPROACHES, BCF WILL WORK TO CLOSE THE WEALTH GAP IN THE BLACK COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BCF WILL STRATEGICALLY INVEST THE DOLLARS RAISED TO ENSURE LONG TERM FINANCIAL SECURITY FOR BCF AS WELL AS CREATE FUNNELS OF OPPORTUNITY TO PURCHASE PROPERTY, INFRASTRUCTURE AND PROPRIETARY TECHNOLOGY THAT BLACK BUSINESSES AND ORGANIZATIONS CAN UTILIZE TO ACHIEVE THEIR MISSION AND MEET THEIR FINANCIAL GOALS. THEREFORE, SEVERAL GRANTS WERE ISSUED TO BUSINESSES AND ORGANIZATIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INFORMATION TECHNOLOGY 300 BANK FEES 80 MISCELLANEOUS PROGRAM 145 TOTAL 525
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO ELIMINATE THE WEALTH GAP IN THE BLACK COMMUNITY ACROSS AMERICA. TO RAISE, INVEST, STEWARD AND EXPAND CAPITAL FOR BLACK BUSINESSES AND COMMUNITIES. THE BLACK CAPITAL FOUNDATION (BCF) IS A FOUNDATION DESIGNED TO SUPPORT AND BENEFIT BLACK OWNED AND OPERATED BUSINESSES THAT SERVE THE BLACK COMMUNITY. BCF AIMS TO BE A SOLUTION THAT WILL CONTRIBUTE TO PROVIDING INCLUSIVITY AND EQUITY FOR BLACK OWNERSHIP. THROUGH IMPACTFUL PARTNERSHIPS THAT ARE ALIGNED TO CREATE TANGIBLE AND REALISTIC APPROACHES, BCF WILL WORK TO CLOSE THE WEALTH GAP IN THE BLACK COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BCF WILL STRATEGICALLY INVEST THE DOLLARS RAISED TO ENSURE LONG TERM FINANCIAL SECURITY FOR BCF AS WELL AS CREATE FUNNELS OF OPPORTUNITY TO PURCHASE PROPERTY, INFRASTRUCTURE AND PROPRIETARY TECHNOLOGY THAT BLACK BUSINESSES AND ORGANIZATIONS CAN UTILIZE TO ACHIEVE THEIR MISSION AND MEET THEIR FINANCIAL GOALS. THEREFORE, SEVERAL GRANTS WERE ISSUED TO BUSINESSES AND ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/ReturnTs02025-05-15T15:08:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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