2025-11-17T17:39:24-06:00 2024-12-31 310984945 WHALEN CPAS 655 METRO PLACE SOUTH SUITE 450 DUBLIN OH 43017 990 2024-01-01 851559517 Black Ambition Opportunity Inc BLAC 3102290371 360 NW 27th Street Miami FL 33127 Erik Moore Board Member 3102290371 2025-11-17 1 1 Jeffery A Pumplun CPA P01615641 6143964200 2025-11-17 2024 2025-03-06 01:10:19Z Erik Moore 360 NW 27th Street Miami FL 33127 6100508 0 X www.blackambitionprize.com X 2020 DE Provide increased economic opportunities to underrepresented entrepreneurs to bridge wealth and opportunity gaps through entrepreneurship by increasing both the pipeline of diverse entrepreneurs as well as the number of historically excluded entrepreneurs who succeed at raising necessary startup capital. 4 4 8 0 0 0 6018771 6086828 84000 12826 228 854 0 0 6102999 6100508 2185712 1751500 0 0 975128 968846 0 0 156690 4660781 4566005 7821621 7286351 -1718622 -1185843 12255256 10535844 3374899 2832507 8880357 7703337 X Provide increased economic opportunities to underrepresented entrepreneurs to bridge wealth and opportunity gaps through entrepreneurship by increasing both the pipeline of diverse entrepreneurs as well as the number of historically excluded entrepreneurs who succeed at raising necessary startup capital. 0 0 6229303 1751500 12826 Black Ambition provides a platform for underrepresented founders to access capital, coaching, community and bespoke training content through a national prize competition. Eligible applicants consist of teams of underrepresented startup founders, who have raised no more than $1 million in dilutive funding, scaling early-stage ventures across technology, AI, media and entertainment, healthcare and consumer products and services. Black Ambition believes entrepreneurs historically left out of traditional investment funnels are building the companies of tomorrow. 6229303 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X Felicia Hatcher 4785955976 360 NW 27th Street Miami FL 33127 Pharrell Williams Director & Chair 1.00 0.00 X 0 0 0 Erik Moore Board Member 1.00 0.00 X 0 0 0 Ron Laffitte Board Member 1.00 0.00 X X 0 0 0 Felicia Hatcher CEO 40.00 0.00 X 418771 0 17659 418771 0 17659 1 0 1 0 0 6086828 6086828 Other Program Income 12826 12826 12826 854 854 6100508 12826 0 854 X 1751500 1751500 436430 196394 196394 43642 439596 290034 128023 21539 39055 23667 12963 2425 53765 27664 22434 3667 89138 15300 13838 60000 89755 89755 926268 803457 121766 1045 209404 136259 60342 12803 34798 34798 92568 15762 70945 5861 230074 180723 49351 534652 510003 18941 5708 171360 170370 990 26851 26851 SAFE Agreement Allowanc 1066900 1066900 Program & Training Even 1041097 1041097 Professional Developmen 50140 50140 Telephone 2408 2408 592 173 419 7286351 6229303 900358 156690 8693057 6872940 1500000 2000000 514743 2062199 1148161 12255256 10535844 134899 262507 3240000 2570000 3374899 2832507 X 4160940 2983920 4719417 4719417 8880357 7703337 12255256 10535844 -1185843 8823 0 X 0 0 0 X 15514291 6018772 6086828 27619891 15514291 6018772 6086828 27619891 27619891 21 228 854 1103 27620994 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Pledges Receivable - Noncurrent 960061 Mission Related Investments 188100 1148161 Prizes & Awards Payable 2570000 2570000 1 Grants and Awards 48 1751500 X 0 0 0 0 0 0 0 0 0 Felicia Hatcher CEO 418771 0 0 0 0 0 7961 0 9698 0 436430 0 0 0 Form 990, Part VI, Section B, line 11b Form 990 is reviewed by the board of executive leadership prior to filing. Form 990, Part VI, Section B, line 12c The board reviews the conflict of interest policy annually. Form 990, Part VI, Section B, line 15 Comparative compensation data is used to set compensation for executive leaders. Comparative compensation data is used to set compensation for key employees. Form 990, Part VI, Section C, line 19 Documents can be made available upon request. Form 990, Part IX, line 11g Other Outside Service Fees: Program service expenses 795,576. Management and general expenses 105,999. Fundraising expenses 0. Total expenses 901,575. Bank Fees: Program service expenses 0. Management and general expenses 882. Fundraising expenses 0. Total expenses 882. Dues & Membership Fees: Program service expenses 0. Management and general expenses 9,672. Fundraising expenses 0. Total expenses 9,672. Payroll Processing Fees: Program service expenses 7,881. Management and general expenses 5,213. Fundraising expenses 1,045. Total expenses 14,139.