Black Wall Street Avl Logo

MIP Score

43

Community Building
Urban Development

Black Wall Street Avl

Mission

Black Wall Street AVL is a Black business incubator dedicated to revitalizing the Black community through the empowerment of entrepreneurs and small business owners. By offering professional development, resources, and mentorship, we strive to close economic gaps and promote growth within our communities.

Basic Information

Tax-Exempt

Address

346 Depot St, Asheville, North Carolina, 28801

View all Asheville charities

Founded in

2021

EIN

87-1330821

Total Assets

$44.17 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

Merchandise for Recovery

Merchandise for Recovery

Purchase from our exclusive collection to help fund recovery efforts in Western North Carolina.

Upcoming GRINDFest 2024

Upcoming GRINDFest 2024

Join our annual festival celebrating Black entrepreneurship and culture.

Community Building Events

Community Building Events

Networking events that promote collaboration among BIPOC entrepreneurs.

Impact Stats

$1 Million

Total Revenue Generated

Revenue Generation

Enrolled businesses generated significant revenue.

22

Total Jobs Created

Job Creation

Jobs created through business development initiatives.

74

Total Businesses Enrolled

Participant Enrollment

Businesses enrolled in the program surpassed initial targets.

Past Events

Asheville Black History Award 2023

February 17, 2023

An event recognizing achievements within the Black community.

BWS Holiday Jam

December 20, 2023

A community celebration highlighting local businesses.

Grindfest 2023

May 26, 2023

A festival showcasing Black entrepreneurship.

Upcoming Events

GrindFest 2024

GrindFest 2024

May 24-26, 2024

Celebrate Black entrepreneurship and culture at this annual festival.

Learn More

Monday Night Masterclass

Every Monday, 7 PM EST

Weekly masterclass series focused on key business concepts.

Our Programs

BWS Institute

A digital program providing aspiring entrepreneurs and small business owners with key skills and a supportive network.

Learn More

BWS Bootcamp

An intensive program designed to empower entrepreneurs with practical business skills.

Learn More

BWS Junior

A program aimed at inspiring and educating young entrepreneurs.

Learn More

Volunteer Opportunities

Volunteer at Grindfest

Join us for our annual festival and assist with various activities.

Learn More

MIP 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

43

46

/100

Program Expense Ratio

92.59%

20

/20

Program Revenue Growth

2.09%

10

/20

Leverage Ratio

0.3098

12

/20

Working Capital Ratio

0.1352

2

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants232.2K96.64%
Program Services8.07K3.36%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue240.2K100.00%