EIN 87-1330821

Black Wall Street Avl

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2023-08-01
Description
Black Wall Street Avl starts, grows, and scales black businesses by educating, providing resources, and offering support to BIPOC owned businesses and new entrepreneurs. It is a black business incubator located in Asheville, NC.
Total revenues
$240,232
2023
Total expenses
$225,524
2023
Total assets
$44,168
2023
Num. employees
0
2023

Program areas at Black Wall Street Avl

Black Wall Street Avl is a Black business incubator with the mission to start, grow, and scale Black businesses by providing education, resources, and support to bipoc owned businesses and new entrepreneurs.

Who funds Black Wall Street Avl

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of Western North CarolinaBuilding Community & Economic Vitality$25,000
Duke Energy FoundationJustice, Equity, & Inclusion$25,000
Truist FoundationGeneral Operating$25,000

Personnel at Black Wall Street Avl

NameTitleCompensation
Joseph HackettBoard Chair$0

Financials for Black Wall Street Avl

RevenuesFYE 08/2023
Total grants, contributions, etc.$232,162
Program services$8,070
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$240,232

Form 990s for Black Wall Street Avl

Fiscal year endingDate received by IRSFormPDF link
2023-082024-01-17990View PDF
2022-062023-06-30990EZView PDF
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Community Foundation of Western North Carolina
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Truist Foundation
August 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
August 23, 2023
Updated personnel
Identified 6 new personnel
August 20, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsCharities
Issues
African AmericansEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
346 Depot St
Asheville, NC 28801
Metro area
Asheville, NC
County
Buncombe County, NC
Phone
(828) 785-0233
IRS details
EIN
87-1330821
Fiscal year end
August
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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