2024-12-23T07:54:44-06:00 2023-12-31 720549733 ERICKSEN KRENTEL LLP 4227 CANAL STREET NEW ORLEANS LA 70119 990 2023-01-01 830935942 BLACK GIRL VENTURES FOUNDATION BLAC 5717717424 8647 RICHMOND HIGHWAY 649 ALEXANDRIA VA 22309 OMI BELL PRESIDENT & CEO 5717717424 2024-12-20 1 1 JEREMY THIBODEAUX CPA P01232904 5044867275 2024-12-20 2023 2024-10-15 13:58:12Z X OMI BELL 8647 RICHMOND HIGHWAY 649 ALEXANDRIA VA 22309 5599245 0 X WWW.BLACKGIRLVENTURES.ORG X 2018 VA THE MISSION IS TO CREATE ACCESS TO CAPITAL, CAPACITY BUILDING AND EDUCATION FOR UNDER RESOURCED ENTREPRENEURS. 5 5 27 58 0 0 4434818 5475823 0 62107 0 7431 0 53884 4434818 5599245 0 839406 0 0 1461475 1538187 3210108 0 81173 0 1197412 4671583 3575005 -236765 2024240 2617449 4931135 177000 112180 2440449 4818955 THE MISSION IS TO CREATE ACCESS TO CAPITAL, CAPACITY BUILDING AND EDUCATION FOR UNDER RESOURCED ENTREPRENEURS. 0 0 2349181 839406 115991 TO PROVIDE UNDER RESOURCED ENTREPRENEURS WITH ACCESS TO COMMUNITY, EDUCATION AND LEADERSHIP DEVELOPMENT IN ORDER TO MEET BUSINESS MILESTONES THAT LEAD TO ECONOMIC SUCCESS THROUGH ENTREPRENEURSHIP. BGV PROGRAMS, NEXTGEN AND ELF, HAVE CONTINUED TO REACH THE TARGETED GOAL OF 250 APPLICATIONS PER PROGRAM, PER COHORT. A TOTAL OF 45 FOUNDERS WERE SELECTED TO PARTICIPATE, 25 VISIONARIES (STUDENTS) AND 20 ELF. COHORT 2 OF EACH PROGRAM CONCLUDED IN THE 4TH QUARTER OF 2023. THE FALL PITCH COMPETITION WAS HELD IN 3 CITIES, LOS ANGELES, CALIFORNIA,10/16/23, AUSTIN, TEXAS, 11/02/23 AND NEW YORK, 12/07/23. A TOTAL OF 23 FOUNDERS WERE FUNDED. 2349181 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 150 0 1 27 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 X OMI BELL 5717717424 8647 RICHMOND HIGHWAY 649 ALEXANDRIA VA 22309 WILLIE WILLIAMS BOARD CHAIR 1.00 X X 0 0 0 ALEX NECKLES OFFICER 1.00 X 0 0 0 NIKISHA CARPENTER OFFICER 1.00 X 0 0 0 CHRISTINA CLARK OFFICER 1.00 X 0 0 0 KRISTINA FRANCIS TREASURER 1.00 X X 0 0 0 OMI BELL CEO 40.00 X X 208121 0 3329 208121 0 3329 1 0 1 0 0 5475823 80280 5475823 PITCH COMPETITIONS 900099 62107 62107 62107 7431 7431 OTHER REVENUE 900099 53884 53884 53884 5599245 115991 0 7431 X 839406 839406 208121 208121 1215057 859263 355794 16022 12016 4006 98987 74240 24747 2000 2000 15000 15000 584803 179601 353062 52140 82186 20708 32445 29033 27488 9471 18017 59930 18105 41825 145298 68561 76737 43193 43193 8898 8898 DUES & SUBSCRIPTIONS 115610 115610 MEALS AND ENTERTAINMENT 63215 32453 30762 EVENT EXPENSES 23736 23736 TRAINING AND DEVELOPMEN 12514 12514 13541 3500 10041 3575005 2349181 1144651 81173 2553270 2687258 29000 2243877 43193 43193 35179 0 2617449 4931135 177000 112180 177000 112180 X 2440449 2075078 2743877 2440449 4818955 2617449 4931135 2024240 354266 0 X X 0 1 X 1 0 X 245278 3704666 3343394 4434818 5475823 17203979 1628 398 2026 246906 3705064 3343394 4434818 5475823 17206005 0 0 0 17206005 7431 7431 7431 7431 115991 115991 246906 3705064 3343394 4434818 5599245 17329427 0.99290 1.00000 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43193 43193 0 0 X 5599245 0 5599245 0 5599245 3575005 0 3575005 0 3575005 PART X, LINE 2: THE FOUNDATION'S EVALUATION AS OF DECEMBER 31, 2023 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2020 THROUGH 2022 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE FOUNDATION DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. 0 NEXTGEN AND EMERGING LEADERS GRANTS 165 759126 FELLOWSHIP PROGRAM 30 80280 COSTS 14 IN MACBOOK PRO AND 10.2 IN IPAD WITH APPLECARE + FOR EACH PRODUCT 0 0 0 0 0 0 0 0 0 OMI BELL CEO 208121 0 0 0 0 0 0 0 3329 0 211450 0 0 0 X COMPUTERS 60 80280 0 0 0 FORM 990 AMENDED AMENDED RETURN FILED TO REFLECT THE ORGANIZATION'S MISSION STATEMENT. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL EXPENSES: PROGRAM SERVICE EXPENSES 170,915. MANAGEMENT AND GENERAL EXPENSES 353,062. FUNDRAISING EXPENSES 52,140. TOTAL EXPENSES 576,117. PROFESSIONAL MEMBERSHIPS : PROGRAM SERVICE EXPENSES 8,686. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,686. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED.