Overview

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Est.

1996

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Black Star Project is a nonprofit organization dedicated to enhancing the consciousness and engagement of African Americans in finance, economics, and entrepreneurship. With an operating budget of $752.1K and total revenue of $691.4K for the 2024 filing year, the organization focuses on student services and cultural awareness. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. More information can be found on their website at blackstarproject.org.

Mission Statement

To elevate the conciousness and involvement of African Americans in areas of finance, economics, banking, law management, business, entrepreneurship, savings and investment
Revenues
$691.4K
Expenses
$752.1K
Net Income:
-$60.7K
Assets
$73.7K
Liabilities
$35.4K
Net Assets:
+$38.3K
Operating Budget
$752.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$31.2K
Largest grant received
$100K
J
James Colon
Board Member
L
Lee Blakemore
Board Member
G
Gloria Smith
Board Member

Frequently Asked Questions

What is The Black Star Project’s budget?
In 2024, The Black Star Project reported an annual operating budget of around $752 thousand. More detailed financial information is available to registered users.
What causes does The Black Star Project support?
The Black Star Project supports work in Cultural awareness and Student services.
Where does The Black Star Project operate?
The Black Star Project is headquartered in Chicago, IL.
Who funded The Black Star Project recently?
In 2025, The Black Star Project received grants from FIELD FOUNDATION OF ILLINOIS, AMERICAN ONLINE GIVING FOUNDATION INC, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant The Black Star Project received in 2024?
The largest grant to The Black Star Project in 2024 exceeds $100 thousand.
What is The Black Star Project’s reliance on government grants?
The Black Star Project relied on government grants for more than 55% of their total revenue in 2024.