2021-04-30T10:25:45-05:00 2020-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2020-01-01 833032236 THE BLEXIT FOUNDATION INC BLEX 6514724392 888 17TH STREET NO 810 WASHINGTON DC 20006 CANDACE OWENS PRESIDENT 6514724392 2021-04-30 1 CANDACE OWENS XXX-XX-XXXX FRANK H SMITH P00639053 2028225000 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z CANDACE OWENS 888 17TH STREET NO 810 WASHINGTON DC 20006 7449259 0 X BLEXITFOUNDATION.ORG X 2018 DE BLEXIT FOUNDATION IS A 501(C)(3) NON-PROFIT ORGANIZATION DEDICATED TO THE ADVANCEMENT OF URBAN AND MINORITY COMMUNITIES BY ENCOURAGING YOUTH TO SEEK AND TAKE ADVANTAGE OF OPPORTUNITIES IN 21ST CENTURY AMERICA. 3 1 5 50 0 0 904575 7446352 0 0 0 0 -30878 2907 873697 7449259 0 108215 0 0 9028 502638 0 1832297 1832297 179191 2671419 188219 5114569 685478 2334690 688266 3752626 2788 67865 685478 3684761 X THE ORGANIZATION PROMOTES EDUCATIONAL INITIATIVES, PURSUES CRIMINAL JUSTICE REFORM, EDUCATES MINORITY COMMUNITIES REGARDING AMERICA'S FOUNDING PRINCIPLES, AND HIGHLIGHTS THE IMPORTANCE OF FREE MARKETS AND ENTREPRENEURSHIP AS THE ANTIDOTE TO POVERTY. BLEXIT FOUNDATION'S VISION IS TO CHANGE THE NARRATIVE THAT SURROUNDS AMERICA'S MINORITY COMMUNITIES - WITH A PARTICULAR FOCUS ON AFRICAN-AMERICANS. 0 0 2712025 108215 IN 2020, BLEXIT COMMUNICATED ITS VISION AND MESSAGE THROUGH A VARIETY OF MULTI-MEDIA AND ONLINE MEDIA IN ADDITION TO HOLDING LIVE EVENTS IN VARIOUS CITIES. BLEXIT ADDITIONALLY MADE SEVERAL CHARITABLE CONTRIBUTIONS TO AFRICAN-AMERICAN OWNED BUSINESSES HURT BY VIOLENCE AND THE EFFECTS OF THE PANDEMIC. THE ORGANIZATION BROUGHT ON ADDITIONAL BOARD MEMBERS AND STAFF AND CONCEPTUALIZED NEW PROGRAMMING FOR IMPLEMENTATION IN 2021. 2712025 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 0 0 1 1 0 AL CT FL IL KS KY MD MI MN MO NC OH OK OR PA SC TN UT VA WA LA X X THE BLEXIT FOUNDATION INC 6514724392 888 17TH STREET NO 810 WASHINGTON DC 20006 CANDACE OWENS PRESIDENT & DIRECTOR 40.00 X X 230000 0 6710 GINA FLORIO LIVE EVENTS DIRECTOR 40.00 X 105000 0 6710 BRANDON TATUM VICE PRESIDENT & DIRECTOR 5.00 X X 26000 0 0 NEIL CORKERY TREASURER - UNTIL 04/2020 40.00 X 26000 0 0 GEORGE FARMER TREASURER 40.00 X 0 0 0 ALICE HANLEY BOARD MEMBER 5.00 X 0 0 0 387000 0 13420 2 0 1 0 OLYMPIC MEDIA 1881 N NASH STREET APT 2301 ARLINGTON VA 22209 FUNDRAISING & MEDIA 1832297 ASPEN TRAVEL INC PO BOX 423 JACKSON WY 83001 TRAVEL AGENCY 528089 RIOSLUM STUDIOS 402 MOYLAN AVENUE MEDIA PA 19063 VIDEO PRODUCTION 310745 3 7446352 7446352 MERCHANDISE SALE 900099 2907 2907 2907 7449259 0 0 2907 108215 108215 262710 262710 174215 174215 31416 31416 34297 34297 51027 51027 36200 36200 1832297 1832297 201560 1806 199754 6742 6742 67101 67101 18953 18953 1209912 1209912 5583 5583 6477 6477 EVENTS 889454 889454 OTHER FEES 161351 161351 OTHER EXP. 17059 17059 5114569 2712025 570247 1832297 688266 3246239 0 481881 30089 5583 0 24506 688266 3752626 2788 7653 0 60212 2788 67865 X 685478 3202880 0 481881 685478 3684761 688266 3752626 2334690 664593 0 X 0 1 X 1 0 X 1604575 7446352 9050927 1604575 7446352 9050927 2394615 6656312 2907 2907 9053834 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30089 5583 24506 24506 X 7449259 0 7449259 0 7449259 5114569 0 5114569 0 5114569 PART X, LINE 2: BLEXIT PERFORMED AN EVALUATION FOR UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2020, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. X 1 OLYMPIC MEDIA 1881 N NASH STREET APT 2031 ARLINGTON VA 22209 SOCIAL MEDIA FUNDRAISING SERVICES 0 2456987 1832297 624690 2456987 1832297 624690 AL CO CT DC FL IL KS KY MD MI MN MO NV NC OH OK OR PA SC TN UT VA WA LA 1 CLEARVIEW INDUSTRIES 2145 W EVANS AVENUE DENVER CO 80223 820959067 17000 REBUILD BLACK AMERICA FUNDING MYNEWPHILLYCOM 426 E ALLEGHENY AVENUE PHILADELPHIA PA 19134 473385802 14000 REBUILD BLACK AMERICA FUNDING DWIGHT'S SOUTHERN BBQ 3734 GERMANTOWN AVENUE PHILADELPHIA PA 19140 232438599 8215 REBUILD BLACK AMERICA FUNDING LEONARD BLUE ENTERPRISE DBA EXPERIMAX 1307 W MAIN STREET RICHMOND VA 23220 475024762 8000 REBUILD BLACK AMERICA FUNDING 9TH & GIRARD PHARMACY 901 W GIRARD AVENUE SUITE 105 PHILADELPHIA PA 19123 464178087 8000 REBUILD BLACK AMERICA FUNDING BREWERYTOWN RX PHARMACY 2621 W GIRARD AVENUE PHILADELPHIA PA 19130 273049547 8000 REBUILD BLACK AMERICA FUNDING FRONTLINE RESTAURANT 1601 OLD DIXIE HWY 3 RIVIERA BEACH FL 33404 208575454 8000 REBUILD BLACK AMERICA FUNDING LEVEL 1 FITNESS 8500 HENRY AVENUE SUITE 45 PHILADELPHIA PA 19140 452498036 6000 REBUILD BLACK AMERICA FUNDING 0 8 X 1 0 X 0 0 0 0 0 0 0 1 0 CANDACE OWENS PRESIDENT & DIRECTOR 180000 0 50000 0 0 0 0 0 6710 0 236710 0 0 0 PART I, LINE 1A BLEXIT ALLOWS PRE-APPROVED CHARTER TRAVEL IN CERTAIN CIRCUMSTANCES FOR URGENT BUSINESS RELATIVE TO RAISING FUNDS FOR THE ORGANIZATION AS PART OF THE NORMAL COURSE OF BUSINESS AND DUE TO HEIGHTENED TRAVEL RESTRICTIONS CAUSED BY THE ONGOING COVID-19 PANDEMIC'S IMPACT ON COMMERCIAL TRAVEL AND FLIGHT AVAILABILITY. PART I, LINE 7 FOR THE YEAR ENDED DECEMBER 31, 2020, THE PRESIDENT RECEIVED A NON-FIXED PAYMENT FOR $50,000. BASED UPON PERFORMANCES MEASURED BY QUANTITATIVE DATA METRICS AND AN ENORMOUSLY SUCCESSFUL YEAR IN WHICH THE PRESIDENT ADVANCED THE MISSION SUBSTANTIALLY, THE COMPENSATION COMMITTEE DETERMINED IT WAS APPROPRIATE TO AWARD THE PRESIDENT AND SPECIFIC STAFF MEMBERS WITH AN END-OF-YEAR MERIT BONUS BASED UPON EMPLOYEE ACCOMPLISHMENTS. THE COMPENSATION COMMITTEE DELIBERATED AND AGREED UPON AMOUNTS THAT WERE COMMENSURATE WITH THE DUTIES, EFFORTS, AND ACHIEVEMENTS USING COMPARATIVE DATA RESEARCH. FORM 990, PART VI, SECTION A, LINE 2 CANDACE OWENS, PRESIDENT, AND GEORGE FARMER, TREASURER, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FEDERAL FORM 990 IS ELECTRONICALLY CIRCULATED TO THE FULL BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS REVIEWS THE CONFLICT OF INTEREST POLICY AND SIGN A STATEMENT ANNUALLY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE MEMBERS OF THE GOVERNING BODY OR COMMITTEE MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT, COMPENSATION COMMITTEE IS COMPRISED OF BOTH BOARD MEMBERS AND NON-BOARD MEMBERS. THE COMMITTEE MET IN ADVANCE AND TOOK INTO ACCOUNT VARIOUS FACTORS INCLUDING COMPARABILITY DATA TO DETERMINE THE APPROPRIATE LEVEL OF COMPENSATION FOR THE PRESIDENT AS WELL AS OTHER STAFF MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.