NonprofitsBlack Wall Street Kalamazoo

Black Wall Street Kalamazoo

KALAMAZOO, MI

Total revenue

$676K

Total expenses

$565K

Net assets

$1.2M

Grants received

$1.3M

15 grants

EIN

834127178

Tax year

2024

Mission

Founded in 2018 Black Wall Street Kalamazoo BWSK is dedicated to fostering financial CONTINUED ON SCHEDULE O STATEMENT 1

Programs

2 programs

The Kalamazoo Black Business Expo: The expo features 75 minority entrepreneurs is a crucial platform for small business owners to showcase their products and services to a wide audience of over 1,000 attendees The expo is a vital event for minority entrepreneurs and the community, providing invaluable opportunities for visibility, networking, and growth. It addresses significant representation. The tangible benefits, including substantial increases in sales, customer acquisition, and partnerships, underscore the expo impact on driving business success and community development. Business Growth: Entrepreneurs who participated in past expos reported an average sales increase of 40% within six months following the event.

Black Business Directory: Our website serves as an indispensable resource for the Kalamazoo area and its surrounding regions offering several key features that enhance the visibility, connectivity, and success of local businesses and community organizations. Visibility and Accessibility: Our directory is a centralized platform where Black entrepreneurs can list their businesses, making it easier for consumers to find and support them. Support for Minority-Owned Businesses: By highlighting Black-owned businesses, we promote economic empowerment and provide essential support to entrepreneurs who may facechallenges in gaining market access. The community calendar is a hub for local events, allowing

Financials

FY 2024

Revenue

Contributions & grants$673K
Program service revenue
Investment income
Other revenue$3K
Total revenue$676K

Expenses

Grants paid$78K
Salaries & benefits$147K
Fundraising
Other expenses$340K
Total expenses$565K
Total assets$1.2M
Net assets$1.2M

People

5 listed

NameRoleCompensation

NICOLE TRIPLETT

EXECUTIVE DIRECTOR

Board

$81K

40 hrs/wk

MONICA BEATY

TREASURER

Board

1 hrs/wk

ERICA PARISH

DIRECTOR

Board

1 hrs/wk

JANELLE SADDY

SECRETARY

Board

2 hrs/wk

LAGETA LITTLE

EXECUTIVE ASSISTANT

Staff

2 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$75K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$50K
ARTS, CULTURE, HUMANITIES
2024
$150
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$225K
PROGRAMMING SUPPORT/GENERAL OPERATING SUPPORT
2023
$170K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2023
$121K
ARTS, CULTURE & HUMANITIES
2023
$38K
BLACK WALL STREET KALAMAZOO
2023
$225K
PROGRAMMING SUPPORT/GENERAL OPERATING SUPPORT
2022
$111K
ARTS, CULTURE & HUMANITIES
2022
$37K
BLACK BUSINESS CAPITAL PIPELINE, BUSINESS EXPO AND BUSINESS BOOTCAMP, BLACK BUSINESS MIXER
2022
$50K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2021
$60K
EQUITY FUND GRANT
2020
$37K
BLACK BUSINESS CAPITAL PIPLINE, BUSINESS EXPO AND BUSINESS BOOTCAMP, BLACK BUSINESS MIXER
2020
$31K
ARTS, CULTURE & HUMANITIES
2020

Funded by

$1.3M from 5 funders · 15 grants · 2020–2024

The Ronda E Stryker And William D

$525K · 4 grants · 2020–2023

Kalamazoo Community Foundation

$313K · 4 grants · 2020–2024

Jpmorgan Chase Foundation

$295K · 4 grants · 2021–2024

United Way Of South Central Michigan

$98K · 2 grants · 2020–2023

Details

EIN834127178
Subsection03
Ruling date2019-04
Formed2019
Employees1
Volunteers50
BLACK WALL STREET KALAMAZOO — Mission, Financials & Grants Received | Grantivo