AFRICAN AMERICAN CHAMBER OF COMMERCE: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
AFRICAN AMERICAN CHAMBER OF COMMERCE (EIN 39-1768969)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-11
IRS object ID
202533159349301113
Schema version
2024v5.2
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)
Return2025-11-11T08:03:42-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 222AddressLine1Txt
CityMILWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRENEE MESSINGPreparerPersonNm
PTINP01872384PTIN
Phone4142711451PhoneNum
Preparation2025-11-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$1,136,029GrossReceiptsAmt
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 Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$593,824PYContributionsGrantsAmt
CY Contributions Grants$1,031,774CYContributionsGrantsAmt
PY Program Service Revenue$20,850PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$895CYInvestmentIncomeAmt
PY Other Revenue$111,877PYOtherRevenueAmt
CY Other Revenue$8,370CYOtherRevenueAmt
PY Total Revenue$726,551PYTotalRevenueAmt
CY Total Revenue$1,041,039CYTotalRevenueAmt
PY Grants And Similar Paid$17,200PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$539,603CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$366,500PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$405,763CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$45,572CYTotalFundraisingExpenseAmt
PY Other Expenses$414,165PYOtherExpensesAmt
CY Other Expenses$450,127CYOtherExpensesAmt
PY Total Expenses$797,865PYTotalExpensesAmt
CY Total Expenses$1,395,493CYTotalExpensesAmt
PY Revenues Less Expenses-$71,314PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$354,454CYRevenuesLessExpensesAmt
Total Assets BOY$2,718,446TotalAssetsBOYAmt
Total Assets EOY$2,810,194TotalAssetsEOYAmt
Total Liabilities BOY$1,874,310TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,320,512TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$844,136NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$489,682NetAssetsOrFundBalancesEOYAmt
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$499,427ExpenseAmt
Revenue$1,675RevenueAmt
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. SOME LOANS ARE FINANCED THROUGH KIVA U.S., 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$660,414ExpenseAmt
Grant$539,603GrantAmt
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$1,159,841TotalProgramServiceExpensesAmt
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 Document27IRPDocumentCnt
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 ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
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 Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
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 (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
WARREN E BULIOX
CHAIR1.00Yes (X)Yes (X)$0$0$0
MARJORIE RUCKER
VICE-CHAIR1.00Yes (X)Yes (X)$0$0$0
JULIAN BERRY
SECRETARY1.00Yes (X)$0$0$0
MIKAL WESLEY
DIRECTOR1.00Yes (X)Yes (X)$0$0$0
TIFFANY MEANS
DIRECTOR1.00Yes (X)$0$0$0
DR LIA KNOX
DIRECTOR1.00Yes (X)$0$0$0
NICHOLAS TREDER
DIRECTOR1.00Yes (X)$0$0$0
MATT PAZARAS
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM DECK
DIRECTOR1.00Yes (X)$0$0$0
LAQUONDRA SHAW
DIRECTOR1.00Yes (X)$0$0$0
KEESHA JONES-SUTTON
DIRECTOR1.00Yes (X)$0$0$0
NIKKI PURVIS
CEO40.00Yes (X)$131,000$0$13,698
FieldValueIRS element (for citing)
Total Reportable Comp From Org$131,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$13,698TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$51,550MembershipDuesAmt
All Other Contributions$980,224AllOtherContributionsAmt
Total Contributions$1,031,774TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$895TotalRevenueColumnAmt
Exclusion$895ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$27,250RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$27,250RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,250TotalRevenueColumnAmt
Exclusion$27,250ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$74,435FundraisingGrossIncomeAmt
Fundraising Direct Expenses$94,990FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$20,555TotalRevenueColumnAmt
Exclusion-$20,555ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$1,675TotalRevenueColumnAmt
Related Or Exempt Func Income$1,675RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,675OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,041,039TotalRevenueColumnAmt
Related Or Exempt Func Income$1,675RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$7,590ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$539,603TotalAmt
Program Services$539,603ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$155,906TotalAmt
Program Services$85,748ProgramServicesAmt
Management And General$38,977ManagementAndGeneralAmt
Fundraising$31,181FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$194,427TotalAmt
Program Services$162,987ProgramServicesAmt
Management And General$31,440ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$30,535TotalAmt
Program Services$27,885ProgramServicesAmt
Management And General$2,650ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$24,895TotalAmt
Program Services$17,980ProgramServicesAmt
Management And General$4,911ManagementAndGeneralAmt
Fundraising$2,004FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$25,900TotalAmt
Management And General$25,900ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$35,649TotalAmt
Program Services$35,649ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,334TotalAmt
Program Services$8,436ProgramServicesAmt
Management And General$1,898ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,229TotalAmt
Program Services$2,563ProgramServicesAmt
Management And General$7,051ManagementAndGeneralAmt
Fundraising$615FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,124TotalAmt
Management And General$3,124ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$90,425TotalAmt
Program Services$54,254ProgramServicesAmt
Management And General$27,128ManagementAndGeneralAmt
Fundraising$9,043FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,738TotalAmt
Program Services$1,713ProgramServicesAmt
Management And General$25ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,408TotalAmt
Program Services$2,408ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,915TotalAmt
Management And General$5,915ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$68,576TotalAmt
Program Services$45,218ProgramServicesAmt
Management And General$23,358ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
RISE PROGRAM$120,541$120,541
EQUIPMENT RENTAL & MAIN$27,290$16,374$8,187$2,729
ALLOWANCE FOR LOAN LOSS$22,491$22,491
EVENT SPONSORSHIPS$13,850$13,850

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$11,657TotalAmt
Program Services$2,141ProgramServicesAmt
Management And General$9,516ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,395,493TotalAmt
Program Services$1,159,841ProgramServicesAmt
Management And General$190,080ManagementAndGeneralAmt
Fundraising$45,572FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,098,499BOYAmt
EOY$1,297,635EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$136,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$55,756BOYAmt
EOY$41,256EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$47,701BOYAmt
EOY$15,172EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$823,335LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$229,280LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$658,652BOYAmt
EOY$594,055EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$43,207BOYAmt
EOY$26,941EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$764,631BOYAmt
EOY$699,135EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,718,446BOYAmt
EOY$2,810,194EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$50,869BOYAmt
EOY$57,454EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$933,999BOYAmt
EOY$1,439,112EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$764,631BOYAmt
EOY$699,135EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,874,310BOYAmt
EOY$2,320,512EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$706,616BOYAmt
EOY$337,813EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$137,520BOYAmt
EOY$151,869EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$844,136BOYAmt
EOY$489,682EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,718,446BOYAmt
EOY$2,810,194EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$354,454ReconcilationRevenueExpnssAmt
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 Committee0AuditCommitteeInd
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$814,870CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$726,358CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$455,970CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$593,824CurrentTaxYearMinus1YearAmt
Current Tax Year$1,031,774CurrentTaxYearAmt
Total$3,622,796TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$814,870CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$726,358CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$455,970CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$593,824CurrentTaxYearMinus1YearAmt
Current Tax Year$1,031,774CurrentTaxYearAmt
Total$3,622,796TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$23,852SubstantialContributorsTotAmt
Public Support Total170$3,598,944PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$27,800CurrentTaxYearMinus1YearAmt
Current Tax Year$28,145CurrentTaxYearAmt
Total$55,945TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$382,227CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$74,624CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$77,891CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$84,077CurrentTaxYearMinus1YearAmt
Current Tax Year-$18,880CurrentTaxYearAmt
Total$599,939TotalAmt
FieldValueIRS element (for citing)
Total Support$4,278,680TotalSupportAmt
Public Support CY1700.84110PublicSupportCY170Pct
Public Support PY1700.76810PublicSupportPY170Pct
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$146,894DepreciationAmt
Book Value$482,651BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$193,790OtherCostOrOtherBasisAmt
Depreciation$82,386DepreciationAmt
Book Value$111,404BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$594,055TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT-OF-USE ASSET - OPERATING LEASEDesc
Book Value$699,135BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$699,135TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LEASE LIABILITY - SHORT TERM OPERATING LEASE$66,860
LEASE LIABILITY - LONG TERM OPERATING LEASE$632,275
FieldValueIRS element (for citing)
Total Liability$699,135TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,041,039TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,041,039RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,041,039TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,395,493TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,395,493ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,395,493TotalExpensesPerForm990Amt

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$74,435GrossReceiptsEvent1Amt
Gross Revenue Event1$74,435GrossRevenueEvent1Amt
Rent Facility Costs Event1$20,400RentFacilityCostsEvent1Amt
Food And Beverage Event1$21,937FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$52,653OtherDirectExpensesEvent1Amt
Event2OTHER EVENTSEvent2Nm
Gross Receipts Total$74,435GrossReceiptsTotalAmt
Gross Revenue Total Events$74,435GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$20,400RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$21,937FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$52,653OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$94,990DirectExpenseSummaryEventsAmt
Net Income Summary-$20,555NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (40 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
BASIA ROSE DESIGNS
7441 W GREENFIELD AVEWEST ALLISWI53214475636728$12,782$0SMALL BUSINESS ASSISTANCE GRANT
FLY NAILS
7573 N TEUTONIA AVEMILWAUKEEWI53209853667191$20,000$0SMALL BUSINESS ASSISTANCE GRANT
NEXT GENERATION DAY CAMP
1809 W ATKINSON AVEMILWAUKEEWI53206820911108$20,000$0SMALL BUSINESS ASSISTANCE GRANT
OH SNAP BY SHELL PHOTOGRAPHY LLC
5701 N BRAEBURN LANEGLENDALEWI53209871068966$19,940$0SMALL BUSINESS ASSISTANCE GRANT
CONNECT BUSINESS CONSULTING
6825 N 112TH CTMILWAUKEEWI53224843851201$9,862$0SMALL BUSINESS ASSISTANCE GRANT
CULTURALLY DIVERSE COUNSELING CENTER
2323 S 109TH STREETWEST ALLISWI53227851119095$10,000$0SMALL BUSINESS ASSISTANCE GRANT
EBONY ESTHETICS
12201 W BURLEIGH STREET STE 5WAUWATOSAWI53222454285711$19,375$0SMALL BUSINESS ASSISTANCE GRANT
EMPOWERING WEALTH FINANCIAL COACHING
1729 N 20TH STREETMILWAUKEEWI53205842543223$9,320$0SMALL BUSINESS ASSISTANCE GRANT
MIDWEST ADVANTAGE
5009 N 51ST BLVDMILWAUKEEWI53218455370454$10,000$0SMALL BUSINESS ASSISTANCE GRANT
MILTED TRUCKING
5137 N LOVERS LANE RD APT 13MILWAUKEEWI53225823585639$10,000$0SMALL BUSINESS ASSISTANCE GRANT
MOMENTS EXOTIC
3631 W ROOSEVELT DRIVEMILWAUKEEWI53216871396509$9,972$0SMALL BUSINESS ASSISTANCE GRANT
THE CLASSIC SHOPPE
3867 N 68TH STREETMILWAUKEEWI53225474871086$17,746$0SMALL BUSINESS ASSISTANCE GRANT
VIBEZ CREATIVE ARTS SPACE
5706 N CENTERPARK WAY BAYSHORE MALLMILWAUKEEWI53217830612743$18,877$0SMALL BUSINESS ASSISTANCE GRANT
WATERSVIEW INVESTMENTS GROUP
9629 W PARKLAND CTMILWAUKEEWI53224824253640$10,000$0SMALL BUSINESS ASSISTANCE GRANT
ALLAHMODE
5305 W CAPITOL DRIVEMILWAUKEEWI53216851057584$19,651$0SMALL BUSINESS ASSISTANCE GRANT
AMPAW & ASSOCIATES
11805 W HAMPTON AVE STE 103BMILWAUKEEWI53225460645151$10,000$0SMALL BUSINESS ASSISTANCE GRANT
CHAVAH FAMILY
5305 W CAPITOL DRIVEMILWAUKEEWI53216821546886$10,000$0SMALL BUSINESS ASSISTANCE GRANT
DDS MEDIA WORKS
2877 N 76TH STREETMILWAUKEEWI53222453027324$10,000$0SMALL BUSINESS ASSISTANCE GRANT
DELICIOUS BITES
6538 W NORTH AVEWAUWATOSAWI53213830771623$20,000$0SMALL BUSINESS ASSISTANCE GRANT
FUSION INTEGRATED
8008 N POPLAR DRIVEFOX POINTWI53217201651003$10,000$0SMALL BUSINESS ASSISTANCE GRANT
GOOD ENTERTAINMENT LLC
1345 N JEFFERSON STREET 129MILWAUKEEWI53202841935588$9,955$0SMALL BUSINESS ASSISTANCE GRANT
GREAT IMPRESSIONS
5330 W BURLEIGH STREETMILWAUKEEWI53210432029358$10,000$0SMALL BUSINESS ASSISTANCE GRANT
GRIND SEASON
2015 OLE DAVIDSONMOUNT PLEASANTWI53405811652706$9,945$0SMALL BUSINESS ASSISTANCE GRANT
LEAN DESIGN WERKS
645 3RD STREETBELOITWI53511461767462$10,000$0SMALL BUSINESS ASSISTANCE GRANT
LIFE LIKE CAMERA
316 N MILWAUKEE STREET STE 500MILWAUKEEWI53202920824800$9,992$0SMALL BUSINESS ASSISTANCE GRANT
LUXURIANT CLEANING GROUP LLC
4088 N 8TH STREETMILWAUKEEWI53209821425158$10,000$0SMALL BUSINESS ASSISTANCE GRANT
BONIFDE NUTRITION
409 6TH STREETRACINEWI53403842204075$10,000$0SMALL BUSINESS ASSISTANCE GRANT
RETRAC ENTERPRISES INC
4117 N GREEN BAY AVEMILWAUKEEWI53209844616474$10,000$0SMALL BUSINESS ASSISTANCE GRANT
UNIEEZ LLC
1918 N 37TH STREETMILWAUKEEWI53209863252828$10,000$0SMALL BUSINESS ASSISTANCE GRANT
COLORFUL CONNECTIONS LLC
1922 NORTH MLK DRIVEMILWAUKEEWI53212834247383$10,000$0SMALL BUSINESS ASSISTANCE GRANT
HONEYBEE SAGE & WELLNESS APOTHECARY LLC
1819 N DOCTOR MLK JR DRMILWAUKEEWI53212831562737$9,986$0SMALL BUSINESS ASSISTANCE GRANT
K&R COMPASSIONATE CARE LLC
7330 W GREENFIELD AVE STE 209WEST ALLISWI53214844276098$10,000$0SMALL BUSINESS ASSISTANCE GRANT
MCHETE'S AFRICAN TREASURES LLC
7933 N 76TH STREETMILWAUKEEWI53223842992555$9,925$0SMALL BUSINESS ASSISTANCE GRANT
MONNIE'S KITCHEN
4117 N GREEN BAY AVEMILWAUKEEWI53209871193508$6,568$0SMALL BUSINESS ASSISTANCE GRANT
J & SONS TRANSPORT LLC
5205 N IRONWOOD RD STE 204JGLENDALEWI53217874449846$20,000$0SMALL BUSINESS ASSISTANCE GRANT
BUFFALO BOSS
540 N 27TH STREETMILWAUKEEWI53208873341196$50,000$0SMALL BUSINESS ASSISTANCE GRANT
CINNABAR NUTRITION
4701 W SCHROEDER DRBROWN DEERWI53223861431063$10,000$0SMALL BUSINESS ASSISTANCE GRANT
LITTLE LEADERS LEARNING AND LITERACY ACADEMY LLC
832 E MEINECKE AVEMILWAUKEEWI53212465227301$10,000$0SMALL BUSINESS ASSISTANCE GRANT
SUPER EXPEDITE
313 PLANKINTON AVE STE 207MILWAUKEEWI53203454715904$10,000$0SMALL BUSINESS ASSISTANCE GRANT
MOCHA BEAUTY
8113 W COLFAX CTMILWAUKEEWI53218834179309$10,000$0SMALL BUSINESS ASSISTANCE GRANT

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 DEPARTMENT OF ADMINISTRATION, 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 WITH 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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