THE BLACK COLLECTIVE INC

MIAMI, FL, 33127 (954) 445-7954 Est. 2019 EIN 83-2831423

S31— Community Improvement Form 990 501(c)(3)

Mission

THE BLACK COLLECTIVE CARRIED OUT 3 SPECIFIC PROJECTS IN 2024. THE NOIR PROJECT RAN FROM FEB. TO NOV. AND ALLOWED THEM TO CANVAS SEVERAL NEIGHBORHOODS THROUGHOUT MIAMI TO SURVEY RESIDENTS ON THEIR THOUGHTS ON THE FUTURE OF MIAMI. THE REVOLUTIONARY ORGANIZING SCHOOL RAN FROM SEP. TO NOV. AND BROUGHT IN 10 FELLOWS TO TEACH ORGANIZING SKILLS TO PROFESSIONALS IN THE MIAMI AREA. THE GET OUT TO VOTE CAMPAIGN RAN FROM AUG. TO NOV.

Financials

Total Revenue

$666,645

Total Expenses

$860,134

Net Assets

$279,743

9 employees 5 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

3.9 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 14.8%

Expenses ↑ 31.1%

Revenue Sources

Contributions 98.0% Investment 2.0%

Expense Breakdown

Program 72.7% Management 27.3%

Officers & Key Employees (6)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (36)

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Filing History (2 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990 Jan 1, 2024 to Dec 31, 2024	$666,645 ↑	$860,134	$279,743
2022 Form 990 Jan 1, 2022 to Dec 31, 2022	$455,559	$368,408	$554,772