BLACK ECONOMIC ALLIANCE FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
BLACK ECONOMIC ALLIANCE FOUNDATION (EIN 83-3790370)
Tax period
2021-01-01 to 2021-12-31
Filed
2023-07-31
IRS object ID
202302129349300325
Schema version
2021v4.1
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)
Return2023-07-31T07:56:15-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN541741749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARK HEINITZ CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16433 BURWELL STAddressLine1Txt
CitySPRINGFIELDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22150ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN833790370EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BLACK ECONOMIC ALLIANCE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBLACBusinessNameControlTxt
Phone2027886888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11032 15TH ST NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAMANTHA TWEEDYPersonNm
Person TitleCEOPersonTitleTxt
Phone2027886888PhoneNum
Signature2022-03-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSAMANTHAPersonFirstNm
Person LastTWEEDYPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK HEINITZPreparerPersonNm
PTINP00061219PTIN
Phone7038221696PhoneNum
Preparation2023-07-31PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerSAMANTHA TWEEDYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1SAME AS C ABOVEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,116,564GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressFOUNDATION.BLACKECONOMICALLIANCE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2019FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION FOCUSES ON ADVANCING ECONOMIC PROGRESS IN BLACK COMMUNITIES BY SUPPORTING RESEARCH, EDUCATION, AND PUBLIC POLICY DEVELOPMENT AROUND WORK, WAGES, AND WEALTH IN THE BLACK COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,096,213PYContributionsGrantsAmt
CY Contributions Grants$5,116,564CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,096,213PYTotalRevenueAmt
CY Total Revenue$5,116,564CYTotalRevenueAmt
CY Grants And Similar Paid$2,200,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$50,665PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$399,979CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$6,375PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$19,577CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$175,083CYTotalFundraisingExpenseAmt
PY Other Expenses$120,029PYOtherExpensesAmt
CY Other Expenses$1,592,702CYOtherExpensesAmt
PY Total Expenses$177,069PYTotalExpensesAmt
CY Total Expenses$4,212,258CYTotalExpensesAmt
PY Revenues Less Expenses$2,919,144PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$904,306CYRevenuesLessExpensesAmt
Total Assets BOY$2,904,227TotalAssetsBOYAmt
Total Assets EOY$4,033,079TotalAssetsEOYAmt
Total Liabilities BOY$130,198TotalLiabilitiesBOYAmt
Total Liabilities EOY$354,744TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,774,029NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,678,335NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION FOCUSES ON ADVANCING ECONOMIC PROGRESS IN BLACK COMMUNITIES BY SUPPORTING RESEARCH, EDUCATION, AND PUBLIC POLICY DEVELOPMENT AROUND WORK, WAGES, AND WEALTH IN THE BLACK COMMUNITY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,435,453ExpenseAmt
Grant$2,200,000GrantAmt
Revenue$0RevenueAmt
DescBEA FOUNDATION WORKED TO SUPPORT RESEARCH, EDUCATION, AND PUBLIC POLICY DEVELOPMENT AROUND WORK, WAGES, AND WEALTH IN THE BLACK COMMUNITY.Desc
Total Program Service Expenses$3,435,453TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (true)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PREMIER POLITICAL COMPLIANCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2027886888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11032 15TH ST NW STE 247AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
DAVID CLUNIE
EXECUTIVE DIRECTOR20.30Yes (X)$190,123$184,823$8,912
SAMANTHA TWEEDY
HCE40.00$149,809$0$0Yes (X)
N ANTHONY COLES JR
CO-CHAIR,PRESIDENT3.00Yes (X)$0$0$0Yes (X)
CHARLES PHILLIPS
CO-CHAIR, SECRETARY3.00Yes (X)$0$0$0Yes (X)
VICKI PALMER
DIRECTOR, TREASURER2.40Yes (X)$0$0$0Yes (X)
TIA BREAKLEY
DIRECTOR, ASST TREASURER1.20Yes (X)$0$0$0Yes (X)
ROBYN COLES
DIRECTOR3.00$0$0$0Yes (X)
DEVAL PATRICK
DIRECTOR0.60$0$0$0Yes (X)
BRODERICK JOHNSON
DIRECTOR0.60$0$0$0Yes (X)
KNEELAND YOUNGBLOOD
DIRECTOR0.60$0$0$0Yes (X)
MATTIE MCFADDEN-LAWSON
DIRECTOR0.60$0$0$0Yes (X)
RICHELIEU DENNIS
DIRECTOR0.60$0$0$0Yes (X)
GABRIELLE SULZBERGER
DIRECTOR - THRU AUGUST, 20210.60$0$0$0Yes (X)
EDWARD LEWIS
DIRECTOR - THRU MARCH, 20210.60$0$0$0Yes (X)
WESTLEY MOORE
DIRECTOR - THRU JUNE, 20210.60$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$339,932TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$184,823TotReportableCompRltdOrgAmt
Total Other Compensation$8,912TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GLOBAL STRATEGY GROUP
215 PARK AVE SOUTH 15TH FLNEW YORKNY10003CONSULTING$296,228
DIVERSIFIED SEARCH LLC
2005 MARKET ST 33RD FLPHILADELPHIAPA19103CONSULTING$151,482
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$5,116,564AllOtherContributionsAmt
Total Contributions$5,116,564TotalContributionsAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,116,564TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,200,000TotalAmt
Program Services$2,200,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$345,183TotalAmt
Program Services$111,630ProgramServicesAmt
Management And General$124,217ManagementAndGeneralAmt
Fundraising$109,336FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$29,190TotalAmt
Program Services$1,876ProgramServicesAmt
Management And General$2,115ManagementAndGeneralAmt
Fundraising$25,199FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$668TotalAmt
Program Services$24ProgramServicesAmt
Management And General$19ManagementAndGeneralAmt
Fundraising$625FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$24,938TotalAmt
Program Services$7,230ProgramServicesAmt
Management And General$8,463ManagementAndGeneralAmt
Fundraising$9,245FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$39,529TotalAmt
Program Services$0ProgramServicesAmt
Management And General$39,529ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,940TotalAmt
Program Services$0ProgramServicesAmt
Management And General$2,940ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$19,577TotalAmt
Fundraising$19,577FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$801,530TotalAmt
Program Services$426,267ProgramServicesAmt
Management And General$375,263ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$688,338TotalAmt
Program Services$688,338ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,843TotalAmt
Program Services$0ProgramServicesAmt
Management And General$8,789ManagementAndGeneralAmt
Fundraising$1,054FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$14,921TotalAmt
Program Services$88ProgramServicesAmt
Management And General$8,081ManagementAndGeneralAmt
Fundraising$6,752FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt
Program Services$0ProgramServicesAmt
Management And General$3,000ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,660TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,825ManagementAndGeneralAmt
Fundraising$1,835FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,308TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,171ManagementAndGeneralAmt
Fundraising$137FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$26,310TotalAmt
Program Services$0ProgramServicesAmt
Management And General$26,310ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FUNDRAISING EXPENSES$878$0$0$878
MERCHANT FEES$445$0$0$445

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,212,258TotalAmt
Program Services$3,435,453ProgramServicesAmt
Management And General$601,722ManagementAndGeneralAmt
Fundraising$175,083FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,904,227BOYAmt
EOY$4,033,079EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,904,227BOYAmt
EOY$4,033,079EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$130,198BOYAmt
EOY$354,744EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$130,198BOYAmt
EOY$354,744EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$2,774,029BOYAmt
EOY$3,678,335EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,774,029BOYAmt
EOY$3,678,335EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,904,227BOYAmt
EOY$4,033,079EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$904,306ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$635,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,096,213CurrentTaxYearMinus1YearAmt
Current Tax Year$5,116,564CurrentTaxYearAmt
Total$8,847,777TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$635,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,096,213CurrentTaxYearMinus1YearAmt
Current Tax Year$5,116,564CurrentTaxYearAmt
Total$8,847,777TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,486,128SubstantialContributorsTotAmt
Public Support Total170$3,361,649PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$8,847,777TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700PublicSupportCY170Pct
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

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

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescSHARED COSTS DUE TO BLACK ECONOMIC ALLIANCEDesc
Amt$354,744Amt
FieldValueIRS element (for citing)
Total Liability$354,744TotalLiabilityAmt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Email SolicitationsYes (X)EmailSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

ActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
AMLB CONSULTING LLC
CONSULTINGfalse$0$8,600-$8,600
UPWORK
CONSULTING$0$5,973-$5,973
FieldValueIRS element (for citing)
Total Gross Receipts$0TotalGrossReceiptsAmt
Total Retained By Contractors$14,573TotalRetainedByContractorsAmt
Total Net To Organization-$14,573TotalNetToOrganizationAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
MOREHOUSE COLLEGE
830 WESTVIEW DRIVE SWATLANTAGA30314580566205501(c)(3)$1,100,000EDUCATION
SPELMAN COLLEGE
350 SPELMAN LANE SWATLANTAGA30314580566243501(c)(3)$1,100,000EDUCATION
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePt I Line 2FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION MONITORED USE OF GRANT FUNDS THROUGH REGULAR COMMUNICATION WITH THE GRANTEE ORGANIZATIONS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDAVID CLUNIEPersonNm
Base Compensation Filing Org$176,327BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$123,619CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$13,796BonusFilingOrganizationAmount
Bonus Related Organizations$61,204BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$24,410DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$19,840DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$5,251NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$3,661NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$219,784TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$208,324TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$13,796CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$61,204CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt I Line 3WRITTEN EMPLOYMENT CONTRACT, APPROVAL BY BOARD OR COMPENSATION COMMITTEE
OtherCOMPENSATION IS PAID FROM A COMMON PAYMASTER AND PAYROLL/REPORTING AGENT AND THUS EMPLOYEES ONLY RECEIVE ONE W-2. RELATED ORGANIZATIONS ARE RESPONSIBLE FOR THEIR PORTION OF AN EMPLOYEE'S COMPENSATION AND THE REPORTING OF THEIR SHARE IS REPORTED IN PART VII, COLUMN E AND SCHEDULE J, PART II AS REQUIRED.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 2N. ANTHONY COLES JR AMD ROBYN COLES: FAMILY RELATIONSHIP
Pt VI, Line 11bTHE ORGANIZATION'S MANAGEMENT AND LEGAL COUNSEL REVIEW FORM 990 PRIOR TO FILING WITH THE IRS.
Pt VI, Line 12cDIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE TO THE BOARD ANY FINANCIAL INTEREST IN WHICH THE OFFICER OR DIRECTOR DIRECTLY OR INDIRECTLY HAS IN ANY PERSON OR ENTITY WHICH IS A PARTY TO A TRANSACTION UNDER CONSIDERATION BY THE BOARD. THE INTERESTED DIRECTOR OR OFFICER IS REQUIRED TO ABSTAIN FROM VOTING ON THE TRANSACTION.
Pt VI, Line 15aTHE ORGANIZATION'S INDEPENDENT DIRECTORS APPROVE THE COMPENSATION OF THE EXECUTIVE DIRECTOR.
Pt VI, Line 15bTHE ORGANIZATION'S INDEPENDENT DIRECTORS APPROVE THE COMPENSATION OF THE HIGHLY COMPENSATED EMPLOYEE.
Pt VI, Line 19THE ORGANIZATION MAKES AVAILABLE FOR INSPECTION AND COPYING ALL DOCUMENTS REQUIRED TO BE MADE PUBLICLY AVAILABLE.
Form 990, Part IX, Line 11gCONSULTING AND CONTRACT SERVICES 801530. 426267. 375263. 0.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
BLACK ECONOMIC ALLIANCE
700 13TH ST NW 600WashingtonDC20005824578595ISSUE ADVOCACYDC501(c)(4)BLACK ECONOMIC ALLIANCE FOUNDATIONYes (true)
BLACK ECONOMIC ALLIANCE FUND
700 13TH ST NW 600WASHINGTONDC20005824590454POLITICAL COMMITTEEDC527BLACK ECONOMIC ALLIANCE FOUNDATIONYes (true)
BLACK ECONOMIC ALLIANCE PAC
700 13TH ST NW 600WASHINGTONDC20005824614502POLITICAL COMMITTEEDC527BLACK ECONOMIC ALLIANCE FOUNDATIONYes (true)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (true)LoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BLACK ECONOMIC ALLIANCE
E$354,744ACTUAL
BLACK ECONOMIC ALLIANCE
P$287,999ACTUAL
BLACK ECONOMIC ALLIANCE
Q$129,000ACTUAL

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