AFRICAN AMERICAN CHAMBER OF COMMERCE: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
AFRICAN AMERICAN CHAMBER OF COMMERCE (EIN 39-1768969)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202443209349322739
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T16:34:46-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390919055PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RITZ HOLMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1330 E KILBOURN AVE SUITE 550AddressLine1Txt
CityMILWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN391768969EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AFRICAN AMERICAN CHAMBER OF COMMERCEBusinessNameLine1Txt
Business Name Line2OF WISCONSIN INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlAFRIBusinessNameControlTxt
Phone4144629450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11920 N MARTIN LUTHER KING JR DRIVAddressLine1Txt
CityMILWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53212ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNIKKI PURVISPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone4144629450PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRENEE MESSINGPreparerPersonNm
PTINP01872384PTIN
Phone4142711451PhoneNum
Preparation2024-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNIKKI PURVISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11920 N MARTIN LUTHER KING JR DRIVEAddressLine1Txt
CityMILWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53212ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$780,353GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.AACCWI.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1993FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionWE CHAMPION THE GROWTH AND SUSTAINABILITY OF AFRICAN AMERICAN OWNED BUSINESSES BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND ADVOCACY THROUGH CAPACITY BUILDING AND STRATEGIC PARTNERSHIPS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$455,970PYContributionsGrantsAmt
CY Contributions Grants$593,824CYContributionsGrantsAmt
PY Program Service Revenue$35,200PYProgramServiceRevenueAmt
CY Program Service Revenue$20,850CYProgramServiceRevenueAmt
PY Investment Income$7,907PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$86,766PYOtherRevenueAmt
CY Other Revenue$111,877CYOtherRevenueAmt
PY Total Revenue$585,843PYTotalRevenueAmt
CY Total Revenue$726,551CYTotalRevenueAmt
PY Grants And Similar Paid$49,366PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$17,200CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$402,728PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$366,500CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$40,174CYTotalFundraisingExpenseAmt
PY Other Expenses$332,587PYOtherExpensesAmt
CY Other Expenses$414,165CYOtherExpensesAmt
PY Total Expenses$784,681PYTotalExpensesAmt
CY Total Expenses$797,865CYTotalExpensesAmt
PY Revenues Less Expenses-$198,838PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$71,314CYRevenuesLessExpensesAmt
Total Assets BOY$1,282,855TotalAssetsBOYAmt
Total Assets EOY$2,718,446TotalAssetsEOYAmt
Total Liabilities BOY$369,910TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,874,310TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$912,945NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$844,136NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWE CHAMPION THE GROWTH AND SUSTAINABILITY OF AFRICAN AMERICAN OWNED BUSINESSES BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND ADVOCACY THROUGH CAPACITY BUILDING AND STRATEGIC PARTNERSHIPS.OUR VISION - STRONG AFRICAN AMERICAN OWNED BUSINESSES AND ENTREPRENEURS THAT PROMOTE THE ECONOMIC VIBRANCY OF OUR COMMUNITY BY PROVIDING LIMITLESS OPPORTUNITIES IN THE WORKPLACE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$453,862ExpenseAmt
Grant$17,200GrantAmt
Revenue$5,682RevenueAmt
DescTHE CHAMBER PROVIDES OPPORTUNITIES FOR MEMBERS PROMOTION AND PUBLICITY, A VOICE IN GOVERNMENT, NETWORKING EVENTS AND OPPORTUNITIES AND CUSTOMER REFERRALS. THE FACILITY PROVIDES A CO-WORKING SPACE FOR MEMBERS. IN ADDITION, THE CHAMBER HAS A REVOLVING LOAN FUND THAT IS DESIGNED TO INCREASE ACCESS TO CAPITAL FOR EXISTING AND NEW MINORITY BUSINESSES, WHILE DEVELOPING PARTNERSHIPS WITHIN THE BUSINESS COMMUNITY. KIVA U.S. IS AN INTERNATIONAL NON-PROFIT THAT ENABLES FINANCIALLY EXCLUDED AND SOCIALLY IMPACTFUL ENTREPRENEURS TO ACCESS 0% INTEREST SMALL BUSINESS LOANS OF UP TO $10K.IN PARTNERSHIP WITH LISC, THE CHAMBER PROVIDES GRANTS TO SMALL BUSINESSES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$109,198ExpenseAmt
Revenue$20,850RevenueAmt
DescRISE MKE POWERED BY MORTAR - A 14-WEEK ENTREPRENEURIAL TRAINING PROGRAM DESIGNED TO ENSURE THAT EMERGING BUSINESSES DON'T START BLINDLY, PROVIDING BUSINESS DEVELOPMENT WITH A FOCUS ON MARKETING, BRANDING, BUSINESS NETWORK DEVELOPMENT, AND OTHER ESSENTIAL RESOURCES. RISE WAS ADAPTED FROM THE HIGHLY SUCCESSFUL CINCINNATI BASED MINORITY BUSINESS ACCELERATOR PROGRAM CALLED MORTAR. THE AFRICAN AMERICAN CHAMBER HAS FORMED A STRATEGIC PARTNERSHIP BETWEEN LISC MILWAUKEE AND THE MILWAUKEE URBAN LEAGUE AS A COMPONENT OF THE RAMP UP PROJECT. RISE CURRICULUM WILL FOCUS ON ENABLING UNDERSERVED ENTREPRENEURS THROUGH EDUCATION, GUIDANCE, AND MENTORSHIP. SPUR - CAPACITY BUILDING INTENSIVE WORKSHOP SERIES DESIGN BASED ON RESEARCH FROM THE FEDERAL RESERVE ABOUT THE NEEDS AND CRITICAL ISSUES OF SMALL BUSINESSES. THERE ARE THREE PRIMARY COMPONENTS 1)WORKSHOP SESSIONS; 2)SMALL GROUP ADVISORY ROUNDTABLES; 3)TARGETED NETWORKING SESSIONS. THE PROGRAM IS DESIGNED TO PROVIDE SMALL BUSINESSES WITH FOCUSED CUSTOMIZED TRAINING AND NETWORKING OPPORTUNITIES THAT ADDRESS THEIR SPECIFIC NEEDS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$563,060TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document23IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NIKKI PURVISBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4144629450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11920 N DR MARTIN LUTHER KING JRAddressLine1Txt
CityMILWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53212ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
NIKKI PURVIS
CEO40.00Yes (X)$98,346$0$32,402
WARREN E BULIOX
CHAIR1.00Yes (X)$0$0$0Yes (X)
MARJORIE RUCKER
VICE-CHAIR1.00Yes (X)$0$0$0Yes (X)
JULIAN BERRY
SECRETARY1.00$0$0$0Yes (X)
MIKAL WESLEY
DIRECTOR1.00Yes (X)$0$0$0Yes (X)
NICOSIA KING
DIRECTOR1.00Yes (X)$0$0$0Yes (X)
DR DEBORAH ALLEN
DIRECTOR1.00$0$0$0Yes (X)
TIFFANY MEANS
DIRECTOR1.00$0$0$0Yes (X)
DR LIA KNOX
DIRECTOR1.00$0$0$0Yes (X)
NICHOLAS TREDER
DIRECTOR1.00$0$0$0Yes (X)
MATT PAZARAS
DIRECTOR1.00$0$0$0Yes (X)
WILLIAM DECK
DIRECTOR1.00$0$0$0Yes (X)
LAQUONDRA SHAW
DIRECTOR1.00$0$0$0Yes (X)
KEESHA JONES-SUTTON
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$98,346TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$32,402TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$24,958MembershipDuesAmt
Government Grants$518,566GovernmentGrantsAmt
All Other Contributions$50,300AllOtherContributionsAmt
Total Contributions$593,824TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRISE PROGRAMDesc
Business611430BusinessCd
Total Revenue Column$20,850TotalRevenueColumnAmt
Related Or Exempt Func Income$20,850RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$20,850TotalProgramServiceRevenueAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$27,800RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$27,800RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,800TotalRevenueColumnAmt
Exclusion$27,800ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$132,197FundraisingGrossIncomeAmt
Fundraising Direct Expenses$53,802FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$78,395TotalRevenueColumnAmt
Exclusion$78,395ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$5,682TotalRevenueColumnAmt
Related Or Exempt Func Income$5,682RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,682OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$726,551TotalRevenueColumnAmt
Related Or Exempt Func Income$26,532RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$106,195ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$17,200TotalAmt
Program Services$17,200ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$140,664TotalAmt
Program Services$77,365ProgramServicesAmt
Management And General$35,167ManagementAndGeneralAmt
Fundraising$28,132FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$185,186TotalAmt
Program Services$152,323ProgramServicesAmt
Management And General$32,863ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$19,857TotalAmt
Program Services$19,142ProgramServicesAmt
Management And General$715ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$20,793TotalAmt
Program Services$16,208ProgramServicesAmt
Management And General$4,585ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,738TotalAmt
Management And General$14,738ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$46,437TotalAmt
Program Services$42,294ProgramServicesAmt
Management And General$4,143ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,679TotalAmt
Management And General$1,679ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$12,235TotalAmt
Program Services$2,234ProgramServicesAmt
Management And General$9,598ManagementAndGeneralAmt
Fundraising$403FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$270TotalAmt
Management And General$270ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$90,383TotalAmt
Program Services$54,230ProgramServicesAmt
Management And General$27,115ManagementAndGeneralAmt
Fundraising$9,038FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$472TotalAmt
Program Services$472ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$809TotalAmt
Program Services$809ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,531TotalAmt
Management And General$2,531ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$64,843TotalAmt
Program Services$45,154ProgramServicesAmt
Management And General$19,689ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,354TotalAmt
Management And General$3,354ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
RISE PROGRAM$109,198$109,198
OTHER EXPENSE$26,712$1,116$25,596
EQUIPMENT RENTAL & MAIN$26,014$15,609$7,804$2,601
ALLOWANCE FOR LOAN LOSS$9,376$9,376

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,114TotalAmt
Program Services$330ProgramServicesAmt
Management And General$4,784ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$797,865TotalAmt
Program Services$563,060ProgramServicesAmt
Management And General$194,631ManagementAndGeneralAmt
Fundraising$40,174FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$108,260BOYAmt
EOY$1,098,499EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$70,000BOYAmt
EOY$50,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$48,193BOYAmt
EOY$55,756EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$81,316BOYAmt
EOY$47,701EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$70,000BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$823,335LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$164,683LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$722,225BOYAmt
EOY$658,652EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$52,583BOYAmt
EOY$43,207EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$337BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$129,941BOYAmt
EOY$764,631EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,282,855BOYAmt
EOY$2,718,446EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$44,343BOYAmt
EOY$50,869EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$75,815BOYAmt
EOY$933,999EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$124,811BOYAmt
EOY$124,811EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$124,941BOYAmt
EOY$764,631EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$369,910BOYAmt
EOY$1,874,310EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$467,652BOYAmt
EOY$706,616EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$445,293BOYAmt
EOY$137,520EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$912,945BOYAmt
EOY$844,136EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,282,855BOYAmt
EOY$2,718,446EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$71,314ReconcilationRevenueExpnssAmt
Prior Period Adjustments$2,505PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$537,836CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$814,870CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$726,358CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$455,970CurrentTaxYearMinus1YearAmt
Current Tax Year$593,824CurrentTaxYearAmt
Total$3,128,858TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$537,836CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$814,870CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$726,358CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$455,970CurrentTaxYearMinus1YearAmt
Current Tax Year$593,824CurrentTaxYearAmt
Total$3,128,858TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$106,716SubstantialContributorsTotAmt
Public Support Total170$3,022,142PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$27,800CurrentTaxYearAmt
Total$27,800TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$159,332CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$382,227CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$74,624CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$77,891CurrentTaxYearMinus1YearAmt
Current Tax Year$84,077CurrentTaxYearAmt
Total$778,151TotalAmt
FieldValueIRS element (for citing)
Total Support$3,934,809TotalSupportAmt
Public Support CY1700.76810PublicSupportCY170Pct
Public Support PY1700.75560PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$629,545OtherCostOrOtherBasisAmt
Depreciation$104,925DepreciationAmt
Book Value$524,620BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$193,790OtherCostOrOtherBasisAmt
Depreciation$59,758DepreciationAmt
Book Value$134,032BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$658,652TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT-OF-USE ASSET - OPERATING LEASEDesc
Book Value$764,631BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$764,631TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LEASE LIABILITY - SHORT TERM OPERATING LEASE$65,496
LEASE LIABILITY - LONG TERM OPERATING LEASE$699,135
FieldValueIRS element (for citing)
Total Liability$764,631TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$726,551TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$726,551RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$726,551TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$797,865TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$797,865ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$797,865TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. MANAGEMENT HAS REVIEWED ALL TAX POSITIONS RECOGNIZED IN PREVIOUSLY FILED TAX RETURNS AND THOSE EXPECTED TO BE TAKEN IN FUTURE TAX RETURNS. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED INCOME TAX BENEFITS OVER THE NEXT YEAR.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BREAKFAST OF CHAMPIONSEvent1Nm
Gross Receipts Event1$125,000GrossReceiptsEvent1Amt
Gross Revenue Event1$125,000GrossRevenueEvent1Amt
Rent Facility Costs Event1$22,000RentFacilityCostsEvent1Amt
Food And Beverage Event1$400FoodAndBeverageEvent1Amt
Entertainment Event1$11,800EntertainmentEvent1Amt
Other Direct Expenses Event1$17,298OtherDirectExpensesEvent1Amt
Event2OTHER EVENTSEvent2Nm
Gross Receipts Event2$7,197GrossReceiptsEvent2Amt
Gross Revenue Event2$7,197GrossRevenueEvent2Amt
Rent Facility Costs Event2$150RentFacilityCostsEvent2Amt
Food And Beverage Event2$1,929FoodAndBeverageEvent2Amt
Entertainment Event2$225EntertainmentEvent2Amt
Gross Receipts Total$132,197GrossReceiptsTotalAmt
Gross Revenue Total Events$132,197GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$22,150RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$2,329FoodAndBeverageTotalEventsAmt
Entertainment Total Events$12,025EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$17,298OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$53,802DirectExpenseSummaryEventsAmt
Net Income Summary$78,395NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1FLY NAILS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line16909 N 45TH STAddressLine1Txt
CityMILWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53223ZIPCd
FieldValueIRS element (for citing)
Recipient EIN853667191RecipientEIN
Cash Grant$0CashGrantAmt
Non Cash Assistance$5,500NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Purpose Of GrantMKE PITCH NIGHT AWARDPurposeOfGrantTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS WERE PROVIDED TO SMALL BUSINESSES THROUGH FUNDING FROM THE WISCONSIN ECONOMIC DEVELOPMENT CORPORATION AND THE GREATER MILWAUKEE FOUNDATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BLINE 11B EXPLANATION - THE 990 IS REVIEWED AND APPROVED BY MANAGEMENT AND THEN IS PROVIEDED TO THE ENTIRE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS OUTLINED IN BYLAWS. BOARD CHAIR AND PRESIDENT MEET WEEKLY TO DISCUSS ANY PERTINENT ISSUES SUCH AS THIS.
FORM 990, PART VI, SECTION B, LINE 15BOARD CHAIR COMPLETES AN ANNUAL REVIEW AND COMPENSATION STUDY THAT IS SHARED AND APPROVED BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND OTHER POLICIES TO MEMBERS OF THE PUBLIC UPON REQUEST. THE FINANCIAL INFORMATION IS AVAILABLE TO THE PUBLIC THROUGH THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

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