Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$4,224
No earlier filing loaded for comparison.
Net Assets
$4,224
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$110,000
No earlier filing loaded for comparison.
Expenses
$111,276
No earlier filing loaded for comparison.
Net Income
-$1,276
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Mar 20, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $110,000
Mission and Program Overview
Mission
BLK Foundation, Inc. the Foundationis a student-run organization created to remediate systemic barriers that impede growth and entrepreneurship in underserved and marginalized communities.
BLK Foundation, Inc. (the 'Foundation')is a student-run organization created to remediate systemic barriers that impede growth and entrepreneurship in underserved and marginalized communities. The Foundation will provide resources and networking opportunities to underrepresented minority students as well as entrepreneurs and founders of minority-owned and women-owned businesses. The Foundation will further these goals by engaging in the following activities (the Programming):1. Providing coaching, access and resources to established minority owned businesses and minority entrepreneurs;2. Providing grants to established minority-owned businesses serving at risk or underfunded communities (which will be limited to use exclusively in furtherance of combating community deterioration, relief of the poor, the distressed, and/or the underprivileged and other charitable purposes); and3. Providing educational fellowships to minority undergraduate individuals to provide capital to 'incubate' a f
Program Services
| Description | Grants | Expenses |
|---|---|---|
| BLK Foundation, Inc. (the 'Foundation')is a student-run organization created to remediate systemic barriers that impede growth and entrepreneurship in underserved and marginalized communities. The Foundation will provide resources and networking opportunities to underrepresented minority students as well as entrepreneurs and founders of minority-owned and women-owned businesses. The Foundation will further these goals by engaging in the following activities (the Programming):1. Providing coaching, access and resources to established minority owned businesses and minority entrepreneurs;2. Providing grants to established minority-owned businesses serving at risk or underfunded communities (which will be limited to use exclusively in furtherance of combating community deterioration, relief of the poor, the distressed, and/or the underprivileged and other charitable purposes); and3. Providing educational fellowships to minority undergraduate individuals to provide capital to 'incubate' a for-profit business serving certain at-risk or underfunded communities (which grants will be limited to use exclusively for development of that business). | - | $100,500 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Angel Onuoha Onyekuru | Foundation Mgr. | - | $0 | - | - |
| Injil Muhammad | Trustee | - | $0 | - | - |
| Seven Richmond | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- BLK Foundation Inc
- EIN
- 86-3099877
- Phone
- 8326166714
- Address
- 32 Mill St, Cambridge, MA 02138
Signing Officer
- Name
- Angel Onuoha Onyekuru
- Title
- Foundation Mgr.
- Signed
- 2024-03-20
- Discuss with paid preparer
- Yes
Preparer
- Firm
- 1800accountant LLC
- Address
- 260 MADISON AVE 10TH FLOOR, NEW YORK, NY 10016
- Preparer
- David Lai
- Phone
- 8002226868
Supplemental Narrative
Additional Explanations
Other Expenses.1005
“Travel $10776”
Other Expenses.1
“Program $100500”
Raw XML Appendix133 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Angel Onuoha Onyekuru |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8326166714 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 8110 Laughing Falcon Trail |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Conroe |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77385 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4224 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 110000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1276 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 4224 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 110000 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 4224 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 4224 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Angel Onuoha Onyekuru |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Injil Muhammad |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Seven Richmond |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Foundation Mgr. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Trustee |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 5500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 111276 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | BLK Foundation, Inc. (the 'Foundation')is a student-run organization created to remediate systemic barriers that impede growth and entrepreneurship in underserved and marginalized communities. The Foundation will provide resources and networking opportunities to underrepresented minority students as well as entrepreneurs and founders of minority-owned and women-owned businesses. The Foundation will further these goals by engaging in the following activities (the Programming):1. Providing coaching, access and resources to established minority owned businesses and minority entrepreneurs;2. Providing grants to established minority-owned businesses serving at risk or underfunded communities (which will be limited to use exclusively in furtherance of combating community deterioration, relief of the poor, the distressed, and/or the underprivileged and other charitable purposes); and3. Providing educational fellowships to minority undergraduate individuals to provide capital to 'incubate' a f |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | BLK Foundation, Inc. (the 'Foundation')is a student-run organization created to remediate systemic barriers that impede growth and entrepreneurship in underserved and marginalized communities. The Foundation will provide resources and networking opportunities to underrepresented minority students as well as entrepreneurs and founders of minority-owned and women-owned businesses. The Foundation will further these goals by engaging in the following activities (the Programming):1. Providing coaching, access and resources to established minority owned businesses and minority entrepreneurs;2. Providing grants to established minority-owned businesses serving at risk or underfunded communities (which will be limited to use exclusively in furtherance of combating community deterioration, relief of the poor, the distressed, and/or the underprivileged and other charitable purposes); and3. Providing educational fellowships to minority undergraduate individuals to provide capital to 'incubate' a for-profit business serving certain at-risk or underfunded communities (which grants will be limited to use exclusively for development of that business). |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 100500 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 111276 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 100500 |
| IRS990EZ/TotalRevenueAmt | 0 | 110000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 110000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 50000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 160000 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 160000 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 110000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 50000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 160000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 110000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 50000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 160000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Travel $10776 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Program $100500 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Angel Onuoha Onyekuru |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Foundation Mgr. |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-03-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BLK Foundation Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BLKF |
| ReturnHeader/Filer/EIN | 0 | 863099877 |
| ReturnHeader/Filer/PhoneNum | 0 | 8326166714 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 32 Mill St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Cambridge |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02138 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 454608263 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | 1800ACCOUNTANT LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 260 MADISON AVE 10TH FLOOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10016 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8002226868 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | David Lai |
| ReturnHeader/ReturnTs | 0 | 2024-03-19T21:34:20-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Angel Onuoha |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Onyekuru |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $4,224
- Liabilities
- -
- Net assets
- $4,224
- Revenue
- $110,000
- Expenses
- $111,276
- Net income
- -$1,276