NonprofitsBlack Cooperative Impact Fund

Employment

Black Cooperative Impact Fund

LOS ANGELES, CA

Total revenue

$183K

Total expenses

$259K

Net assets

$487K

Grants received

$309K

14 grants

EIN

814320957

Tax year

2024

Mission

Based on cooperative economics, BCIF is a community-based organization that provides microloans to the Black community through pooled dollars and raises awareness about the importance of economic empowerment, equity and wealth building, with a focus on SoCal communities.

Financials

FY 2024

Revenue

Contributions & grants$183K
Program service revenue$421
Investment income
Other revenue
Total revenue$183K

Expenses

Grants paid$10K
Salaries & benefits$60K
Fundraising
Other expenses$176K
Total expenses$259K
Total assets$487K
Net assets$487K

People

7 listed

NameRoleCompensation

Robert Lewis

President

Board

$60K

1 hrs/wk

CARRON BROWN

Director

Board

1 hrs/wk

TIM DODD

Director

Board

1 hrs/wk

MELANIE MACK

Vice President

Board

1 hrs/wk

MICHAEL RAEFORD

Director

Board

1 hrs/wk

TIANA SANCHEZ

Director

Board

1 hrs/wk

ATIYANA EVELIN

Director

Board

1 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$20K
SPRING 2024 GRANT RECIPIENT
2024
$50K
ECONOMIC OPPORTUNITY
2023
$25K
ADDRESSING COMMUNITY NEEDS IN HEALTH AND EQUITY: TO CREATE SOCIAL CHANGE AND HEALTH EQUITY FOR THE BLACK COMMUNITY IN SOUTHERN CALIFORNIA THROUGH THE PRIMARY STRATEGY OF BUILDING ASSETS AND WEALTH.
2023
$50K
RACIAL JUSTICE
2022
$20K
Microloans Program
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$50K
RACIAL JUSTICE
2020

Funded by

$309K from 8 funders · 14 grants · 2020–2024

California Community Foundation

$150K · 3 grants · 2020–2023

American Online Giving Foundation Inc

$48K · 4 grants · 2020–2024

The California Endowment

$25K · 1 grant · 2023

Reissa Foundation

$20K · 1 grant · 2022

Visionary Women

$20K · 1 grant · 2024

Details

EIN814320957
NTEE codeJ20
Subsection03
Ruling date2017-05
BLACK COOPERATIVE IMPACT FUND — Mission, Financials & Grants Received | Grantivo