BLACK BUSINESS ASSOCIATION OF LA
AI Summary
The Black Business Association of LA, with EIN 95-3166199, is dedicated to advocating for and promoting the development of African-American owned businesses, aiming to establish a robust economic foundation that fosters self-determination and survival within the African-American community. Operating with a budget of $197.7K and total revenue of $192.6K for the 2024 filing year, the organization does not rely on a single funder for over 50% of its revenue. More information can be found on their website at www.bbala.org.
Mission Statement
THE BLACK BUSINESS ASSOCIATION ADVOCATES FOR AND PROMOTES THE DEVELOPMENT OF AFRICAN-AMERICAN OWNED BUSINESSES WITH THE GOAL OF CREATING A FIRM ECONOMIC BASE THAT SUPPORTS SELF-DETERMINATION AND SURVIVAL OF THE AFRICAN-AMERICAN
Cause Areas
1
Business promotion
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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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Funder
Total Funding
Funding Share
WARD ECONOMIC DEVELOPMENT CORPORATION
Los Angeles, CA, US
$50K
2%
CALIFORNIA COMMUNITY FOUNDATION
Los Angeles, CA, US
$11K
< 1%
Frequently Asked Questions
What is BLACK BUSINESS ASSOCIATION OF LA’s budget?
In 2024, BLACK BUSINESS ASSOCIATION OF LA reported an annual operating budget of around $198 thousand. More detailed financial information is available to registered users.
What causes does BLACK BUSINESS ASSOCIATION OF LA support?
BLACK BUSINESS ASSOCIATION OF LA supports work in Business promotion.
Where does BLACK BUSINESS ASSOCIATION OF LA operate?
BLACK BUSINESS ASSOCIATION OF LA is headquartered in LOS ANGELES, CA.
Who funded BLACK BUSINESS ASSOCIATION OF LA recently?
In 2023, BLACK BUSINESS ASSOCIATION OF LA received grants from CALIFORNIA COMMUNITY FOUNDATION and WARD ECONOMIC DEVELOPMENT CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant BLACK BUSINESS ASSOCIATION OF LA received in 2023?
The largest grant to BLACK BUSINESS ASSOCIATION OF LA in 2023 exceeds $11 thousand.