Civic Intelligence

Black Wall Street Avl

990EZ • Fiscal year 2022 • EIN 87-1330821

Jul 01, 2021 to Jun 30, 2022 • Filed on Jun 27, 2023

Organization ProfileBLACKWALLSTREETAVL.COM
346 Depot StAsheville, NC 28801

(828) 785-0233

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Net Margin

72nd percentile

23%

Higher net margin than 72% of similar nonprofits.

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets53rd percentile

Assets

$15,862

No earlier filing loaded for comparison.

Net Assets

$15,862

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin72nd percentile

Revenue

$67,905

No earlier filing loaded for comparison.

Expenses

$52,043

No earlier filing loaded for comparison.

Net Income

$15,862

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0Assets 2022: $15,862Liabilities 2022: $0Net Assets 2022: $15,8622022Assets 2023: $44,168Liabilities 2023: $13,682Net Assets 2023: $30,4862023Assets 2024: $55,188Liabilities 2024: $7,642Net Assets 2024: $47,5462024Assets 2025: $10,965Liabilities 2025: $3,403Net Assets 2025: $7,5622025

Highlighted filing

2022

Assets$15,862
Liabilities$0
Net Assets$15,862
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KRevenue 2022: $67,905Expenses 2022: $52,043Net Income 2022: $15,8622022Revenue 2023: $240,232Expenses 2023: $225,524Net Income 2023: $14,7082023Revenue 2024: $362,314Expenses 2024: $327,441Net Income 2024: $34,8732024Revenue 2025: $149,294Expenses 2025: $189,278Net Income 2025: -$39,9842025

Highlighted filing

2022

Revenue$67,905
Expenses$52,043
Net Income$15,862
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jun 27, 2023
Return Version
2021v4.0
Gross Receipts
$67,905
Mission and Program Overview

Mission

Black wall street avl is a black business incubator with the mission to start, grow, and scale black businesses by providing education, resources, and support to bipoc owned businesses and new entrepreneurs.

Program Services

DescriptionGrantsExpenses
BLACK WALL STREET AVL IS A BLACK BUSINESS INCUBATOR WITH THE MISSION TO START, GROW, AND SCALE BLACK BUSINESSES BY PROVIDING EDUCATION, RESOURCES, AND SUPPORT TO BIPOC OWNED BUSINESSES AND NEW ENTREPRENEURS.-$52,043
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH HACKETTBoard ChairPT$0--
STEPHANIE LEEBoard Member-$0--
DR MASICA JORDANBoard Secret-$0--
CARLTON DUGGERBoard Member-$0--
KRISTEN ALLENBoard Member-$0--
STEPHANIE SWEPSON-TWITTYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Black Wall Street Avl
EIN
87-1330821
Phone
8287850233
Address
346 DEPOT ST, ASHEVILLE, NC 28801

Signing Officer

Name
Joseph Hackett
Title
Board Chair
Phone
8287850233
Signed
2023-06-27
Discuss with paid preparer
Yes

Preparer

Firm
Doran Kelly Kirkland Pllc Dba Clkcpa
Address
10 BROOK ST STE 235, ASHEVILLE, NC 28803
Preparer
Bruce E Manes CPA
Phone
8282582323
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses non-investment depreciation 2,400 total 2,400”

Form 990-ez, Part II, Line 24

“Furniture & fixtures 0 2,400 less accumulated depreciation 0 2,400 deposits 0 92 total 0 92”

Form 990-ez, Part III

“Black wall street avl is a black business incubator with the mission to start, grow, and scale black businesses by providing education, resources, and support to bipoc owned businesses and new entrepreneurs.”

Raw XML Appendix127 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOSEPH HACKETT
IRS990EZ/BooksInCareOfDetail/PhoneNum08287850233
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0346 DEPOT ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ASHEVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028801
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015770
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt060000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt015862
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt049643
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015862
IRS990EZ/GrossReceiptsAmt067905
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015862
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015862
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEPH HACKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEPHANIE LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DR MASICA JORDAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CARLTON DUGGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KRISTEN ALLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5STEPHANIE SWEPSON-TWITTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD SECRET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt092
IRS990EZ/OtherExpensesTotalAmt02400
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BLACK WALL STREET AVL IS A BLACK BUSINESS INCUBATOR WITH THE MISSION TO START, GROW, AND SCALE BLACK BUSINESSES BY PROVIDING EDUCATION, RESOURCES, AND SUPPORT TO BIPOC OWNED BUSINESSES AND NEW ENTREPRENEURS.
IRS990EZ/ProgramServiceRevenueAmt07905
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BLACK WALL STREET AVL IS A BLACK BUSINESS INCUBATOR WITH THE MISSION TO START, GROW, AND SCALE BLACK BUSINESSES BY PROVIDING EDUCATION, RESOURCES, AND SUPPORT TO BIPOC OWNED BUSINESSES AND NEW ENTREPRENEURS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt052043
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt052043
IRS990EZ/TotalProgramServiceExpensesAmt052043
IRS990EZ/TotalRevenueAmt067905
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0BLACKWALLSTREETAVL.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt060000
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07905
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt060000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt060000
IRS990ScheduleA/TotalSupportAmt060000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES NON-INVESTMENT DEPRECIATION 2,400 TOTAL 2,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE & FIXTURES 0 2,400 LESS ACCUMULATED DEPRECIATION 0 2,400 DEPOSITS 0 92 TOTAL 0 92
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BLACK WALL STREET AVL IS A BLACK BUSINESS INCUBATOR WITH THE MISSION TO START, GROW, AND SCALE BLACK BUSINESSES BY PROVIDING EDUCATION, RESOURCES, AND SUPPORT TO BIPOC OWNED BUSINESSES AND NEW ENTREPRENEURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH HACKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08287850233
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLACK WALL STREET AVL
ReturnHeader/Filer/BusinessNameControlTxt0BLAC
ReturnHeader/Filer/EIN0871330821
ReturnHeader/Filer/PhoneNum08287850233
ReturnHeader/Filer/USAddress/AddressLine1Txt0346 DEPOT ST
ReturnHeader/Filer/USAddress/CityNm0ASHEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561904032
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DORAN KELLY KIRKLAND PLLC DBA CLKCPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 BROOK ST STE 235
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028803
ReturnHeader/PreparerPersonGrp/PhoneNum08282582323
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRUCE E MANES CPA
ReturnHeader/ReturnTs02023-06-30T11:11:41-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSEPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HACKETT
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,862
Liabilities
$0
Net assets
$15,862
Revenue
$67,905
Expenses
$52,043
Net income
$15,862
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.11$0.03$0.08$1.49$1.89$0.40
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.08$0.48$3.62$3.27$0.35
2023Detailed filing. Detailed filing data is available for this year.$0.44$0.14$0.30$2.40$2.26$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.68$0.52$0.16