2024-11-14T16:08:20-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 915 HIGHLAND POINTE DR SUITE 300 ROSEVILLE CA 95678 990 2023-01-01 852793701 SF BLACK WALL STREET FOUNDATION SFBL 4157869728 744 INNES AVENUE SAN FRANCISCO CA 94124 GWENDOLYN BROWN EXECUTIVE DIRECTOR 4157869728 2024-11-13 1 1 DYLAN VALENTINE P01934033 9167847800 2024-11-13 2023 2024-10-15 13:58:12Z GWENDOLYN BROWN 744 INNES AVENUE SAN FRANCISCO CA 94124 1168123 0 X WWW.SFBLACKWALLSTREET.COM X 2020 CA WE ARE A NETWORK OF COMMUNITY SERVANTS, PROFESSIONALS, AND CULTURAL INFLUENCERS WHO ARE COMMITTED TO BLACK SOVEREIGNTY. 4 4 4 4 0 0 938979 1098044 0 61251 0 0 0 8828 938979 1168123 368000 185611 0 0 55848 319636 0 0 7800 354333 578571 778181 1083818 160798 84305 243961 371016 22483 66985 221478 304031 X SF BLACK WALL STREET WAS FOUNDED IN JUNE 2020 BY A GROUP OF SEVEN BLACK SAN FRANCISCO NATIVES IN RESPONSE TO THE DEVASTATING IMPACT OF COVID-19 AND ANTI-BLACK RACISM ON BLACK BUSINESS, CULTURAL SPACE, AND STAKEHOLDERSHIP. WE ARE A NETWORK OF COMMUNITY SERVANTS, PROFESSIONALS, AND CULTURAL INFLUENCERS WHO ARE COMMITTED TO BLACK SOVEREIGNTY. 0 0 478506 165000 61251 BLACK MILLIONAIRE DEVELOPMENT PROGRAM - THE PROGRAM AIMS TO INCREASE THE NUMBER OF BLACK MICRO-BUSINESSES AND NONTRADITIONAL BUSINESS OWNERS IN THE SAN FRANCISCO COMMUNITY, STABILIZE EXISTING MICROBUSINESSES, CONNECT BUSINESS OWNERS TO SERVICE PROVIDERS AND INCREASE NETWORKING & SUPPORT AMONG PARTICIPATING ENTREPRENEURS. BMDP STAFF ASSIST IN CONNECTING OVER 15 BMDP GRADUATES TO OTHER PROGRAMS FOR TRAINING, GRANTS AND MENTORSHIPS. IN 2023, BMDP HAS PROVIDED OVER $165,000 IN MINI-GRANT INVESTMENTS AND HAS 44 SUCCESSFUL GRADUATES OF WOMEN, MEN AND YOUNG ADULTS. THESE BMDP GRADUATES CONTINUE TO BE PART OF THE SFBWS NETWORK. 346280 JUNETEENTH - THE EVENT BUILDS ON THE 70-YEAR TRADITION OF JUNETEENTH CELEBRATIONS UPLIFTING BLACK CULTURE AND FREEDOM IN SAN FRANCISCO. BAYVIEW JUNETEENTH FEATURES LIVE MUSICAL PERFORMANCES, HORSEBACK RIDING HOSTED BY BLACK COWBOYS, THE BLACK MILLIONAIRE MARKET FEATURING MORE THAN 14 REGISTERED VENDORS, AMUSEMENT PARKS, A HEALTH PAVILION AND VARIETY OF FOOD AND DRINK OPTIONS. THE EVENT INCORPORATES BIPOC, NATIVE SF AND BLACK COMMUNITIES TO COMBAT THE UNDERINVESTMENT INTO THOSE COMMUNITIES. CENTERING THE BLACK COMMUNITIES EXPERIENCE CREATES SPACE FOR ALL MICRO AND SMALL BUSINESSES. CULTIVATING OUTDOOR MARKETS MAKES THAT MODEL INCLUSIVE FOR THOSE ACTIVITIES. AN ESTIMATED 700 ATTEND THIS EVENT WITH $114,378 IN TOTAL REPORT SALES FOR THE VENDORS. 142016 20611 HUMAN RIGHTS COMMISSION - DREAM KEEPER INITIATIVE BEGINNING IN SEPTEMBER 2022, DKI SPENT OCTOBER TO DECEMBER ESTABLISHING CURRICULUM, CONSULTANTS, SERVICE MENU AND IDENTIFYING BUSINESS OWNERS WHO ARE ELIGIBLE FOR MASTER CLASSES. IN 2023, 7 SMALL BUSINESSES WERE IDENTIFIED AND DKI MASTER CLASSES WERE DESIGNED TO HELP BUSINESSES SCALE THEIR OPERATIONS, ADDRESSING COMPLIANCE AND IMPROVING INFRASTRUCTURE AND ADMINISTRATIVE SYSTEMS THROUGH ONE ON ONE PROFESSIONAL COACHING. SUPPORT PROVIDED IN THE FIRST QUARTER OF 2023 INCLUDES TAX PREPARATION AND REFERRALS TO BOOKKEEPING SERVICE PROVIDERS WITH MINI-GRANT AWARDS. 966802 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 54 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 CA X GWENDOLYN BROWN 4157869728 744 INNES AVENUE SAN FRANCISCO CA 94124 GEOFFREA MORRIS PRESIDENT 8.00 X X 8250 0 0 ERIC MCDONNELL TREASURER 8.00 X X 0 0 0 MICHAEL MCBRIDE SECRETARY 8.00 X X 0 0 0 KENYA BODDIE MEMBER 8.00 X 0 0 0 GWENDOLYN BROWN EXECUTIVE DIRECTOR 40.00 X 75020 0 1316 TINISCH HOLLINS EXECUTIVE DIRECTOR 40.00 X 108026 0 1413 191296 0 2729 1 0 0 0 0 1048301 49743 1098044 CONTRACTUAL INCOME 900099 46251 46251 FISCAL SPONSORSHIP FEE 900099 15000 15000 61251 HRC REIMBURSEMENT 900099 8828 8828 8828 1168123 61251 0 8828 5500 5500 180111 180111 194025 191540 2485 101923 101923 6266 561 5705 17422 17422 91580 68000 23580 44038 44038 40568 36074 4494 7714 679 7035 7663 5891 1772 13508 13508 27047 22008 5039 8230 8230 EVENT EXPENSES 256835 246914 9921 MEMBERSHIP AND SUBS 34084 3805 30279 PROGRAM SUPPLIES 15093 14333 760 BAD DEBT EXPENSE 10661 10661 21550 6265 7485 7800 1083818 966802 109216 7800 106678 44168 137283 290786 0 36062 243961 371016 18984 30618 3499 36367 22483 66985 X 221478 304031 221478 304031 243961 371016 84305 -1752 0 X X 0 1 X 1 0 X 115904 938979 1098044 2152927 115904 938979 1098044 2152927 2152927 8828 8828 2161755 61251 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SECURITY DEPOSITS 2000 RIGHT OF USE ASSET 34062 36062 LEASE LIABILITY 36367 36367 X 1168123 0 1168123 0 1168123 1083818 0 1083818 0 1083818 PART X, LINE 2: ACCOUNTING GUIDANCE ISSUED BY THE FASB PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION DID NOT HAVE UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2023, AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. THE ORGANIZATION WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF DECEMBER 31, 2023, THE ORGANIZATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. 1 SUPPORT FOR BUSINESS OWNERS 25 180111 PRESTIGIOUS EVENTZ LLC - KENYA DOBBIE BOARD MEMBER 46065 EVENT PLANNING 0 UJIMA GLOBAL CONSULTANCY - RELATED TO TINISCH HOLLINS FAMILY MEMBER OF EXECUTIVE DIRECTOR 58080 ADMIN SERVICES 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAD NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL THE EMPLOYEES MUST ANNUALLY SIGN A STATEMENT THAT AFFIRMS SUCH PERSON: -HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, -HAS READ AND UNDERSTANDS THE POLICY, -HAS AGREED TO COMPLY WITH THE POLICY, AND -UNDERSTANDS THAT SF BLACK WALLSTREET IS A CHARITABLE ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 NO OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.