Black Infinity Collective Inc
- Assets
- $33.0k
- Revenue
- $364.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Hamden, CT
- Founding
- Data as of
- 06/2023
- EIN
- 87-1672962
Organization Overview
Black Infinity Collective Inc is located in Hamden, CT. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Black Infinity Collective Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Infinity Collective Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BIC IS A DYNAMIC ORGANIZATION FOCUSED ON THE CREATION, NURTURING, AND PROTECTION OF SPACES THAT AMPLIFY BLACK LEADERSHIP AND FREEDOM. THROUGH OUR PROGRAMS AND INITIATIVES, WE AIM TO CULTIVATE A SENSE OF BELONGING, INSPIRE SELF-EMPOWERMENT, AND FACILITATE COMMUNITY-DRIVEN CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE THE BEGINNING OF THE PANDEMIC, BLACK INFINITY COLLECTIVE HAS WORKED ALONGSIDE A NUMBER OF COALITIONS AND ORGANIZATIONS TO SECURE HOUSING FOR ALL.
N/A
SINCE THE BEGINNING OF THE PANDEMIC, BLACK INFINITY COLLECTIVE HAS WORKED ALONGSIDE A NUMBER OF COALITIONS AND ORGANIZATIONS HELPING TO SECURE HOUSING. BIC HAS ALSO FORMED A FISCAL SPONSORSHIP WITH BLACK HAVEN HELPING THEIR ORGANIZATION WITH THE ARTS. BLACK HAVEN IS DEDICATED TO SEEING BLACK CREATIVES THRIVE AND NOT SURVIVE IN THE NEW HAVEN AND SURROUNDING AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Blount Executive Director | Officer | 40 | $74,712 |
Camelle Scott Former Executive Director | 40 | $39,230 | |
Precious Price Board President | Trustee | 2 | $0 |
Ashli Giles Perkins Secretary | Trustee | 2 | $0 |
Carlin Rushing Director | Trustee | 2 | $0 |
Stacy Ann Lambert Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $364,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $364,609 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $364,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,712 |
| Compensation of current officers, directors, key employees. | $7,471 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $121,760 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,250 |
| Payroll taxes | $6,716 |
| Fees for services: Management | $1,260 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $123,465 |
| Advertising and promotion | $601 |
| Office expenses | $8,419 |
| Information technology | $743 |
| Royalties | $0 |
| Occupancy | $7,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,238 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $24,013 |
| Total functional expenses | $399,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,980 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,980 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $32,980 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,980 |