2025-11-17T10:22:10-06:00 2024-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2024-01-01 824578595 BLACK ECONOMIC ALLIANCE BLAC 2027886888 1032 15TH ST NW 247 WASHINGTON DC 20005 SAMANTHA TWEEDY CHIEF EXECUTIVE OFFICER 2027886888 2025-11-14 1 1 TIANA WYNN P00997288 4105840060 2024 2025-03-06 01:10:19Z SAMANTHA TWEEDY 1032 15TH ST NW 247 WASHINGTON DC 20005 2181277 0 X BLACKECONOMICALLIANCE.ORG X 2018 DC THE ORGANIZATION'S MISSION IS TO IMPROVE ECONOMIC OUTCOMES FOR BLACK PEOPLE AT SCALE, FOCUSING ON THREE CORE AREAS: WORK, WAGES AND WEALTH. 12 12 11 12 0 0 1314975 2181277 0 0 0 0 82465 -49444 1397440 2131833 0 110000 0 0 143573 155114 0 0 112835 668423 1869082 811996 2134196 585444 -2363 1282458 1373147 352521 445573 929937 927574 THE ORGANIZATION'S MISSION IS TO IMPROVE ECONOMIC OUTCOMES FOR BLACK PEOPLE AT SCALE, FOCUSING ON THREE CORE AREAS: WORK, WAGES AND WEALTH. 0 0 1740349 110000 THE ORGANIZATION CONDUCTED RESEARCH AND ENGAGED IN COMMUNICATIONS AND OUTREACH ACTVITIES TO ADVOCATE FOR AN ECONOMIC AGENDA TO IMPROVE ECONOMIC OUTCOMES FOR BLACK PEOPLE AT SCALE, FOCUSING ON THREE CORE AREAS: WORK, WAGES AND WEALTH. 1740349 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 43 0 1 11 1 0 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X THE ORGANIZATION 2027886888 1032 15TH ST NW 247 WASHINGTON DC 20005 X N ANTHONY COLES JR DIRECTOR, PRESIDENT 4.00 6.00 X X 0 0 0 VICKI PALMER DIRECTOR,TREASURER 3.10 5.90 X X 0 0 0 CHARLES PHILLIPS DIRECTOR, SECRETARY 4.00 6.00 X X 0 0 0 TIA BREAKLEY DIRECTOR 1.60 2.40 X 0 0 0 KNEELAND YOUNGBLOOD DIRECTOR 0.80 1.20 X 0 0 0 ROBYN COLES DIRECTOR 3.00 7.00 X 0 0 0 DEVAL PATRICK DIRECTOR 0.60 1.40 X 0 0 0 BRODERICK JOHNSON DIRECTOR 0.80 1.20 X 0 0 0 MATTIE MCFADDEN-LAWSON DIRECTOR 1.30 0.70 X 0 0 0 RICHELIEU DENNIS DIRECTOR 1.30 0.70 X 0 0 0 BENAREE WILEY DIRECTOR 1.30 0.70 X 0 0 0 ROSALIND BREWER DIRECTOR 1.30 0.70 X 0 0 0 SAMANTHA TWEEDY CHIEF EXECUTIVE DIRECTOR 6.00 34.00 X 451423 0 33176 ALAINA BEVERLY EVP - BEA FOUNDATION 0.00 40.00 X 241447 0 30557 692870 0 63733 2 0 1 0 STAGEWLL GLOBAL LLCSKDK ONE WORLD TRADE CENTER 69TH FL NEW YORK CITY NY 10007 COMMUNICATIONS CONSULTANT 456490 BLUE JAY STRATEGIES LLC 925B PEACHTREE STREET NE BOX 2172 ATLANTA GA 30309 FUNDRAISING CONSULTANTS 300857 DERISO DIGITAL INC PO BOX 2282 BIRMINGHAM AL 35222 VOTING RIGHTS CONSULTANTS 300000 AL MEDIA 222 WEST ONTARIO STREET SUITE 600 CHICAGO IL 60654 VOTING RIGHTS CONSULTANTS 288723 VALUES PARTNERSHIPS CORPORATION 6600 GREEN BRANCH LANE UPPER MARLBORO MD 20772 VOTING RIGHTS CONSULTANTS 225000 5 75000 2106277 2181277 0 75000 49444 -49444 -49444 2131833 0 0 -49444 X 110000 110000 67510 33952 25683 7875 65854 33120 25053 7681 14568 5556 7398 1614 7182 3130 3472 580 65519 4712 60807 54178 54178 1539877 1415114 49851 74912 12768 5508 2945 4315 66403 38203 14551 13649 55116 53319 1632 165 38205 37735 470 25400 23356 2044 11616 11616 2134196 1740349 281012 112835 612561 664666 88790 581107 708481 1282458 1373147 352521 445573 352521 445573 X 529937 927574 400000 0 929937 927574 1282458 1373147 -2363 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 389575 0 389575 389575 0 PART I-A, LINE 1: EXPENDITURES RELATED TO THE SUPPORT OR OPPOSITION OF CANDIDATES IN 2024 ELECTIONS. 0 DUE FROM BEA FOUNDATION 657686 DUE FROM BEA FUND 947 DUE FROM BEA PAC - FEDERAL 43824 DUE FROM BEA PAC - NONCONTRIB 6024 708481 X 2181277 49444 49444 2131833 0 2131833 2183640 49444 49444 2134196 0 2134196 PART X, LINE 2: BEA IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FUND AND THE PAC ARE GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 527 OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS THE SOLE MEMBER OF THE LLC, WHICH IS A TAXABLE ENTITY UNDER THE INTERNAL REVENUE CODE. ANY INCOME OF THE ALLIANCE THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS ANY APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE UNRELATED BUSINESS INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ALLIANCE PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS, OR WHICH MAY HAVE ANY EFFECT ON THEIR TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2024, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2022 THROUGH 2024 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ALLIANCE ENTITIES FILED TAX RETURNS. IT IS THE ALLIANCE'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSES 49,444. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSES 49,444. X X X X 0 MARTHA'S VINEYARD 75000 75000 1663 12680 35101 75000 75000 1663 12680 35101 49444 -49444 1 LEADERSHIP NOW PROJECT 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 821780610 501(C)4 100000 0 TO SUPPORT EDUCATION ACTIVITIES THAT INFORM THE PUBLIC CONGRESSIONAL BLACK CAUCUS POLITICAL EDUCATION & LEADERSHIP INSTITUTE 413 NEW JERSEY AVENUE SE WASHINGTON DC 20003 522270607 501(C)4 10000 0 TO SPONSOR A POLICY SESSION 0 1 PART I, LINE 2: THE ORGANIZATION MONITORED USE OF GRANT FUNDS THROUGH REGULAR COMMUNICATION WITH THE GRANTEE ORGANIZATIONS. X X X 0 0 0 0 0 0 0 0 0 SAMANTHA TWEEDY CHIEF EXECUTIVE DIRECTOR 451423 0 0 0 0 0 10350 0 22826 0 484599 0 0 0 ALAINA BEVERLY EVP - BEA FOUNDATION 241447 0 0 0 0 0 7950 0 22607 0 272004 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 N. ANTHONY COLES JR AND ROBYN COLES: FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S MANAGEMENT AND LEGAL COUNSEL REVIEW FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE TO THE BOARD ANY FINANCIAL INTEREST IN WHICH THE OFFICER OR DIRECTOR DIRECTLY OR INDIRECTLY HAS IN ANY PERSON OR ENTITY WHICH IS A PARTY TO A TRANSACTION UNDER CONSIDERATION BY THE BOARD. THE INTERESTED DIRECTOR OR OFFICER IS REQUIRED TO ABSTAIN FROM VOTING ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S INDEPENDENT DIRECTORS APPROVE THE COMPENSATION OF THE CEO AND THE EXECUTIVE VICE PRESIDENT OF THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE FOR INSPECTION AND COPYING ALL DOCUMENTS REQUIRED TO BE MADE PUBLICLY AVAILABLE. PART VII, LINE 1 AND 2 BEA SHARES STAFF AND CERTAIN OTHER EXPENSES WITH THE BLACK ECONOMIC ALLIANCE FOUNDATION ("FOUNDATION" EIN: 83-3790370), AN IRC SECTION 501(C)(3) ORGANIZATION, PURSUANT TO A WRITTEN COST-SHARING AGREEMENT. UNDER THE AGREEMENT, BEA EMPLOYEES CONDUCT ACTIVITIES ON BEHALF OF THE FOUNDATION, AND THE FOUNDATION PAYS BEA FOR ITS SHARE OF RELEVANT EXPENSES, INCLUDING PAYROLL COSTS. FORM 990, PART IX, LINE 11G CONSULTANTS AND PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,415,114. MANAGEMENT AND GENERAL EXPENSES 49,851. FUNDRAISING EXPENSES 74,912. TOTAL EXPENSES 1,539,877. FORM 990, PART XII, LINE 2C: THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR REVIEW OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEAR. BLACK ECONOMIC ALLIANCE FOUNDATION 1032 15TH STREET NW SUITE 247 WASHINGTON DC 20005 833790370 PUBLIC CHARITY DC 501(C)(3) LINE 7 BLACK ECONOMIC ALLIANCE 1 BLACK ECONOMIC ALLIANCE PAC 1032 15TH STREET NW SUITE 247 WASHINGTON DC 20005 824614502 POLITICAL COMMITTEE DC 527 BLACK ECONOMIC ALLIANCE 1 BLACK ECONOMIC ALLIANCE FUND 1032 15TH STREET NW SUITE 247 WASHINGTON DC 20005 824590454 POLITICAL COMMITTEE DC 527 BLACK ECONOMIC ALLIANCE 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 BLACK ECONOMIC ALLIANCE FUND Q 6684 FMV BLACK ECONOMIC ALLIANCE PAC Q 67611 FMV