Nonprofit · EIN 84-2358814
BLACK AND GOLD INITIATIVE
Also known as BGI
Tax-exempt · CHAMPAIGN, IL 61820
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $29,382 | $23,619 | $5,763 | $58,966 | $0 | $58,966 |
| December 31, 2024 | 990-EZ | $68,960 | $56,238 | $12,722 | $53,203 | $0 | $53,203 |
| December 31, 2023 | 990-EZ | $50,467 | $34,820 | $15,647 | $40,481 | $0 | $40,481 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $8,873
- Membership dues
- $405
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $19,131
- Net income from sales of inventory
- $935
- Other revenue
- $38
Expenses
- Grants and similar amounts paid
- $17,603
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Other expenses
- $6,016
- Program services (functional)
- $2,086
Balance sheet and other
- Total assets, start of year
- $53,203
- Total assets, end of year
- $58,966
- Total liabilities, end of year
- $0
- Net assets, end of year
- $58,966
- Cash, savings and investments
- $58,966
- Gross receipts
- $56,345
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alex Malone | President | 4 | $0 |
| Michael Williams | Vice President | 1 | $0 |
| Kevin Davis | Treasurer | 4 | $0 |
| Yaree Wilson | Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Travis Dixon | President | 2 | $0 |
| Antoine Hinton | Vice President | 2 | $0 |
| Kevin Davis | Treasurer | 2 | $0 |
| Alex Malone | Secretary | 2 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Travis Dixon | President | 4 | $0 |
| Antoine Hinton | Vice President | 4 | $0 |
| Kevin Davis | Treasurer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 2101 WINDSOR PL STE 3, CHAMPAIGN, IL 61820-7771
- In care of
- % ALPHA PHI ALPHA INC- ZETA XI LAMB
- Signed the 990-EZ
- Kevin Davis, Treasurer
- Phone
- (217) 402-8606
- Website
- https://bgifoundation.org
Mission
The Foundation primarily works to raise funds for scholarships targeted towards the East Central Illinois community, particularly those hailing from underprivileged backgrounds. The foundation also works to fund programs designed to improve educational and economic opportunities for underserved communities of Champaign and East Central Illinois.
Program accomplishments
- The Black & Gold Initiative Foundation awarded seven $2,000 scholarships to deserving young men entering college.Expenses $2,086 · grants $14,000
- The Black & Gold Initiative Foundation provided school supplies and backpacks to high school students in need in the East Central Illinois region.grants $1,353
- The Black & Gold Initiative Foundation awarded a scholarships to a college student seeking support to study abroad.grants $2,000
- The Black & Gold Initiative Foundation granted $250 to provide Thanksgiving meals to families in need through the Gobble Giving Program.grants $250
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 84-2358814
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $58,966
- Income (IRS master file)
- $56,345
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $29,382 | $23,619 | $58,966 | IRS |
| 990-EZ | December 2024 | $68,960 | $56,238 | $53,203 | IRS |
| 990-EZ | December 2023 | $50,467 | $34,820 | $40,481 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2358814).
Questions about BLACK AND GOLD INITIATIVE
- What is the EIN of BLACK AND GOLD INITIATIVE?
- The employer identification number (EIN) of BLACK AND GOLD INITIATIVE is 84-2358814.
- Is BLACK AND GOLD INITIATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to BLACK AND GOLD INITIATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BLACK AND GOLD INITIATIVE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BLACK AND GOLD INITIATIVE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BLACK AND GOLD INITIATIVE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of BLACK AND GOLD INITIATIVE?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does BLACK AND GOLD INITIATIVE have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $29,382, expenses of $23,619 and total assets of $58,966 at year end.
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