BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC

BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC

Los Angeles, CA, US
501(c)3
EIN
82-2764286

BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC

Los Angeles, CA, US
501(c)3
EIN
82-2764286

Overview

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Est.

2017

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC is a nonprofit organization dedicated to empowering and uplifting Black communities in Leimert Park and beyond. With an operating budget of $396.7K and total revenue of $901.6K for the filing year 2024, the organization focuses on fostering economic resilience, community stability, self-governance, and small business development while integrating healing modalities, art, and cultural preservation. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

Dedicated to empowering and uplifting Black communities in Leimert Park and beyond. Focused on fostering economic resilience community stability self-governance and small business development. Integrating healing modalities art and cultural preservation.
Revenues

$901.6K

Expenses

$396.7K

Net Income:
+$504.9K
Assets

$7.5M

Liabilities

$7.3M

Net Assets:
+$152.7K
Operating Budget

$396.7K

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

1

Median grant size
$30K
Largest grant received
$30K
D
Diandra Bremond EdD
Board Member
A
Anthony L Jolly Jr
Board Member
A
Alfred Lee
Board Member

Frequently Asked Questions

What is BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC’s budget?
In 2024, BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC reported an annual operating budget of around $397 thousand. More detailed financial information is available to registered users.
What causes does BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC support?
BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC supports work in Human rights and Human services.
Where does BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC operate?
BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC is headquartered in Los Angeles, CA.
Who funded BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC recently?
In 2024, BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC received grants from Wells Fargo Foundation, RIC & SUZANNE KAYNE FOUNDATION, and CALIFORNIA COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC received in 2024?
The largest grant to BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC in 2024 exceeds $30 thousand.
Overview
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