Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “The black business capital financing corporation was created in 1993. bbcfc is a 501(c)(3) charitalbe non-profit entity that provides education and networking opportunities to support the growth of minority businesses.”.

When explaining its purpose, the activities were described as: “The development of african american businesses; the assistance to the development of small, minority and woman-owned businesses regardless of race, ethnicity and gender.”.

• The non-profit is legally allowed to operate in the state of FL, as reported.
• The filing provides the non-profit's address in 2020 as 315 EAST ROBINSON STREET, ORLANDO, FL, 32801.
• The non-profit has a total of 0 employees, as reported on their form for 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are less than $100,000.
• Revenue is greater than $1,000,000.
• Revenue less expenses is $2,172,286.
• The CEO remuneration policy within the organization is not established through a review and endorsement from a neutral party.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 4 independent voting members.
• The organization was formed in 1993.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization's financial statements were compiled or reviewed by an accountant.
• The organization pays $0 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has grants to organizations.