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FLORIDA BLACK BUSINESS SUPPORT CORP

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Public IRS 990 nonprofit record

FLORIDA BLACK BUSINESS SUPPORT CORP

EIN 59-2905048

What they do

to SUPPORT THE ECONOMIC DEVELOPMENT of BLACK BUSINESSES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $96.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

258.97%of revenue went to mission work96.0% of expenses · Program services
$269.64spent for every $100 of revenueSpending was higher than revenue this year.
10.67%of revenue went to management and office costs4.0% of expenses
48.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $833,576 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$491,376
Mission workProgram services$1,272,520258.97% of revenue96.0% of expenses
ManagementOffice and general costs$52,43210.67% of revenue4.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$1,324,952269.64% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$491,376
Expenses$1,324,952
Annual shortfall $833,576 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,272,520 · 96.0% of expenses
Management and office costs$52,432 · 4.0% of expenses
See all reported dollar amounts
Revenue$491,376
Expenses$1,324,952
Contributions$238,625
Mission work (program services)$1,272,520
Management and general$52,432
Stocks and bonds$294,811
Accounting fees$24,643
People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

CARLTON ROBINSONBOARD MEMBER

ERIC KNOWLESBOARD MEMBER

EUGENE FRANKLINCHAIRMAN

LAWRENCE WILLIAMSBOARD MEMBER

SUZANNE SPECHTVICE CHAIRMAN

About this charity

Location
113 S MONROE STREET, TALLAHASSEE, FL 32301
County
Leon
In care of
OFFICER
Primary officer
OFFICER, BOARD CHAIRMAN

How to reach them

Filing and classification

Latest tax year
2017
Tax period began
January 1, 2017
Return type
990
Tax preparer
JAMES MOORE & CO PL

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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