Mission
Black Connect is a national nonprofit business and entrepreneur center focused on eliminating the racial wealth gap facing Black Americans. By building self-sustaining Black communities, Black Connect provides educational resources, networks, and financial assistance to empower members in their entrepreneurial pursuits, specifically targeting low and moderate income communities.
Basic Information
Founded in
2019
EIN
32-0604593
Total Assets
$176.3 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
National Membership Base
Black Connect fosters entrepreneurial ecosystems across the nation, connecting entrepreneurs with the resources they need.
Comprehensive Business Support
The organization offers business-related educational programs, activities, and events to enhance the success of Black entrepreneurs.
Community Empowerment
Black Connect partners with local chapters to provide targeted support and networking opportunities to Black business owners.
Our Programs
Business & Entrepreneur Assessment (BEA)
The BEA helps participants answer fundamental questions regarding entrepreneurship to better equip them for success.
Learn MoreSales & Marketing Support
Provides resources and guidance to improve sales strategies and marketing effectiveness for Black-owned businesses.
Learn MoreFeverPitch
A competitive event aimed at showcasing innovative Black-owned businesses with opportunities for funding.
Learn MoreMIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
48
54
/100
Program Expense Ratio
100.00%
20
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.1962
14
/20
Working Capital Ratio
2.422
16
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 194.2K | 100.00% |
| Program Services | 0 | 0.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 194.2K | 100.00% |
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