FOUNDATION FOR BLACK ENTREPRENEURSHIP
DENVER,
Colorado,
80249
EIN: 82-5188795
Community Improvement, Capacity Building
MISSION
The Foundation for Black Entrepreneurship exists to help disadvantaged Black-owned businesses with initial access to capital by providing free business development training and technical support.
DEMOGRAPHIC
ADDRESS
20340 E 40TH AVE
80249
COUNTY
denver county, CO
IN CARE OF NAME
MAKISHA BOOTHE
ORGANIZATIONAL OVERVIEW & RANKINGS
FOUNDATION FOR BLACK ENTREPRENEURSHIP is a based in DENVER, CO, focused on Community Improvement, Capacity Building causes , specifically Management Services for Small Business, Entrepreneurs. Established in June 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $394,455.00, this ranks 322,314 among 2,656,690 nonprofits nationally (Top 13%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 6,391 out of 51,563 organizations in CO (Top 13%).
In denver county, CO, the organization ranks 1,605 out of 7,803 nonprofits by assets (Top 21%), while locally in denver, it stands at 1,651 among 8,252 organizations (Top 20%).
The organization reported annual revenue of $1,255,984.00, ranking 110,952 nationally (Top 5%) and 2,418 in CO (Top 5%).
Within its specific NTEE classification (S43 - S: Community Improvement, Capacity Building), which includes 1,084 similar organizations, FOUNDATION FOR BLACK ENTREPRENEURSHIP ranks 117 in assets (Top 11%) and 54 in revenue (Top 5%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S43: Management Services for Small Business, Entrepreneurs
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,255,984.00
FORM 990 REVENUE AMOUNT
$1,255,984.00
RULING DATE
06/2018
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$394,455.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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