2024-05-15T13:13:38-05:00 2023-06-30 260794367 UHY ADVISORS MID-ATLANTIC INC 705 YORK ROAD TOWSON MD 21204 990 2022-07-01 823417166 INNOVATION WORKS INC INNO 4109211035 1400 GREENMOUNT AVE STE B01 BALTIMORE MD 21202 A JAY NWACHU PRESIDENT/CEO 4102586253 2024-05-15 1 A JAY NWACHU XXX-XX-XXXX 0 AMIE M KAHLER P00739177 4108281961 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z A JAY NWACHU 1400 GREENMOUNT AVE STE B01 BALTIMORE MD 21202 1417211 0 X WWW.IWBMORE.ORG X 2017 MD REDUCE BALTIMORE'S NEIGHBORHOOD AND RACIAL WEALTH DIVIDE. TEACH MEMBERS OF DISINVESTED COMMUNITIES HOW TO BUILD AND OWN SUCCESSFUL SOCIAL ENTERPRISES THAT CREATE SUSTAINABLE NEIGHBORHOOD ECONOMIES AND RESULT IN BETTER FAMILY LIVING, MORE RESILIENT NEIGHBORHOODS AND A SAFER MORE VIBRANT CITY. 15 15 12 101 0 0 1200720 1408414 40000 0 357 8797 0 0 1241077 1417211 0 7500 0 0 543936 812989 0 0 147829 421450 459553 965386 1280042 275691 137169 1246839 1335001 94409 37884 1152430 1297117 X THE CORPORATION WILL DEVELOP SUSTAINABLE NEIGHBORHOOD ECONOMIES IN DEPRESSED AREAS BY: IGNITING INTEREST IN SUSTAINABLE SOCIAL ENTERPRISE, HELPING INDIVIDUALS TRANSFORM CHALLENGES INTO OPPORTUNITIES, CREATING SUSTAINABLE SOCIAL ENTERPRISES, GROWING FAMILY WAGE JOBS, AND SCALING LOCAL SOLUTIONS TO NATIONAL MARKETS. TRAINING AND DEVELOPING ENTREPRENEURS WILL BE A TOP PRIORITY THROUGH PROGRAMMING AND EDUCATION. 0 0 569246 SOCIAL ENTERPRISE DEVELOPMENT PIPELINE 138739 STRATEGIC INITIATIVES, FOCUSED ON SECTOR-BASED ECONOMIC DEVELOPMENT. 129513 7500 PROGRAM SUPPORT CONTRACTS, FOR ORGANIZATIONAL CAPACITY DEVELOPMENT INCLUDING CURRICULUM DEVELOPMENT AND IMPACT DATA MEASUREMENT. 837498 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 16 0 12 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 MD X THE ORGANIZATION 4102586253 1400 GREENMOUNT AVE STE B01 BALTIMORE MD 21202 A JAY NWACHU PRESIDENT AND CEO 40.00 X X 131389 0 0 DAN RIZZO CHAIRPERSON 4.00 X 0 0 0 DR FRANK LANCE DIRECTOR 4.00 X 0 0 0 FRANCIS KNOTT DIRECTOR 14.00 X 0 0 0 JIM PETERSON JR DIRECTOR 4.00 X 0 0 0 NATASHA M DARTIGUE DIRECTOR 4.00 X 0 0 0 NKENGE YASIN DIRECTOR 4.00 X 0 0 0 PAMELA ROUSSOS DIRECTOR 4.00 X 0 0 0 REV GREGORY CHISHOLM SJ DIRECTOR 4.00 X 0 0 0 RUSSELL JOYNER DIRECTOR 4.00 X 0 0 0 SABRINA DEPESTRE DIRECTOR 4.00 X 0 0 0 STEPHEN ABRAMS DIRECTOR 4.00 X 0 0 0 TERRENCE M SAWYER DIRECTOR 4.00 X 0 0 0 TINA RODRIGUEZ VICE CHAIR 4.00 X 0 0 0 NICK NAPOLITANO DIRECTOR 4.00 X 0 0 0 131389 0 0 1 0 0 0 0 1408414 1408414 8797 8797 1417211 0 0 8797 7500 7500 729590 517944 127638 84008 83399 68632 9928 4839 67995 48394 19601 3106 2560 366 180 69253 68170 726 357 25050 20605 2981 1464 2721 2238 324 159 41633 34246 4954 2433 1234 1015 147 72 STRATEGIC INITIATIVES 87045 42469 44576 0 CONTRACTORS 73944 9555 31319 33070 PROGRAMMATIC INVESTMENT 43965 43965 0 0 PROFESSIONAL DEVEPLOPME 30384 14968 15416 0 13223 3631 7946 1646 1280042 837498 294715 147829 799556 542796 350079 698644 7471 30475 4800 0 144686 81600 84933 63086 1246839 1335001 34409 37884 60000 0 94409 37884 X 695405 533834 457025 763283 1152430 1297117 1246839 1335001 X 137169 7518 X X 0 1 X 1 0 X 485667 845704 720897 1200720 1408414 4661402 80000 40000 0 120000 43608 43608 485667 845704 844505 1240720 1408414 4825010 0 0 0 4825010 1166 1546 133 357 8797 11999 1166 1546 133 357 8797 11999 486833 847250 844638 1241077 1417211 4837009 0.99750 0.99910 0.00250 0.00090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144686 81600 63086 63086 X 2631539 1214328 1214328 1417211 0 1417211 2486852 1206810 1206810 1280042 0 1280042 PART X, LINE 2: THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED JUNE 30, 2023. 1 THE BLACK ARTS DISTRICT 1214 EUTAW PLACE OFFICE 3 BALTIMORE MD 21217 844432820 501(C)(3) 5000 0 GENERAL GRANT 1 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE TAX RETURN IS FURNISHED TO THE BOARD MEMBERS AT THEIR MONTHLY MEETING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR CEO IS DETERMINED BY BOARD MEMBERS AFTER REVIEWING COMPARABLE DATA FROM OTHER ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE BY WRITTEN REQUEST. FORM 990, PART XI, LINE 9: DONATED SERVICES CAPITALIZED PER FINANCIAL STATEMENTS INSTEAD OF EXPENSED 7,518. NO CHANGE IN OVERSIGHT PROCESS. NO CHANGE IN OVERSIGHT PROCESS. IGNITE CAPITAL INC 1400 GREEMOUNT AVENUE BALTIMORE MD 21202 844893203 EMPOWER BALT SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITIES MD 501(C)(3) LINE 12A, I 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 IGNITE CAPITAL O 79953 ACTUAL COSTS IGNITE CAPITAL Q 85972 ACTUAL COSTS