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Nonprofit · EIN 85-2734195

BLACK INNOVATION ALLIANCE

Tax-exempt · ATLANTA, GA 30341

Financials

$3.6M$3.6M2023$5.6M$5.1M2024
Revenue Expenses · by fiscal year end
Financials of BLACK INNOVATION ALLIANCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,568,974$5,061,391$507,583$1,374,398$52,394$1,322,004
December 31, 2023990$3,609,587$3,554,223$55,364$855,367$31,313$824,054
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,568,974
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$508,676
Other salaries and wages
$1,455,371
Salaries, compensation and benefits (total)
$2,116,244
Professional fundraising fees
$15,000
Legal fees
$110,455
Accounting fees
$19,690
Occupancy
$8,185
Travel
$492,542
Program services (functional)
$4,541,754
Management and general (functional)
$504,637
Fundraising (functional)
$15,000

Balance sheet and other

Total assets, start of year
$845,734
Total assets, end of year
$1,374,398
Total liabilities, end of year
$52,394
Net assets, end of year
$1,322,004
Gross receipts
$5,568,974
Employees
16

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Kelly BurtonPresident & CEO
Officer
40$243,360
Jenna K ScottCOO
Officer
40$135,772
Tammy CharlesFoundation Mgr.
Officer
40$129,544
Dustin ShayTrustee
Trustee or director
0$0
Tonya WilliamsTrustee
Trustee or director
0$0
LeShawnda LarkinTrustee
Trustee or director
0$0
Lauren RuffinTrustee
Trustee or director
0$0
Erin Horne McKinneyTrustee
Trustee or director
0$0
Hermione MelonePresident
Officer
0$0
Preston JamesTreasurer
Officer
0$0
Aniyia WilliamsSecretary
Officer
0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Kelly BurtonPresident & CEO
Officer
40$211,500
Jenna K ScottChief of Staff40$103,500
Dustin ShayTrustee
Trustee or director
0$0
Tonya WilliamsTrustee
Trustee or director
0$0
LeShawnda LarkinTrustee
Trustee or director
0$0
Lauren RuffinTrustee
Trustee or director
0$0
Erin Horne McKinneyTrustee
Trustee or director
0$0
Hermione MelonePresident
Officer
0$0
Preston JamesTreasurer
Officer
0$0
Aniyia WilliamsSecretary
Officer
0$0

Address and contacts

Address (IRS master file)
1954 AIRPORT RD 1107, ATLANTA, GA 30341-4956
In care of
% KELLY BURTON
Principal officer (990 for 2024)
Kelly Burton, 1954 Airport Road 1107, Atlanta, GA 30341
Signed the 990
Kelly Burton, President & CEO
Return prepared by
Forsyth CPA

Mission

Our mission is to provide access to the innovation economy.

990 for the year ended December 31, 2024

Program accomplishments

  • During 2024 BIA continued to reach milestones with our movement strategy as we focus primarily on advocacy, capacity building, narrative change and research
    Expenses $4,541,754 · grants $50,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-2734195
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,374,398
Income (IRS master file)
$5,568,974

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,568,974$5,061,391$1,374,398XML
990December 2023$3,609,587$3,554,223$855,367XML
990December 2022$2,160,288$2,317,753$768,740IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2734195).

Questions about BLACK INNOVATION ALLIANCE

What is the EIN of BLACK INNOVATION ALLIANCE?
The employer identification number (EIN) of BLACK INNOVATION ALLIANCE is 85-2734195.
Is BLACK INNOVATION ALLIANCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to BLACK INNOVATION ALLIANCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLACK INNOVATION ALLIANCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BLACK INNOVATION ALLIANCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLACK INNOVATION ALLIANCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BLACK INNOVATION ALLIANCE?
The 990 for the year ended December 31, 2024 names Kelly Burton.
Who are the officers and directors of BLACK INNOVATION ALLIANCE?
The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $243,360 (Kelly Burton, President & CEO).
How much revenue does BLACK INNOVATION ALLIANCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,568,974, expenses of $5,061,391 and total assets of $1,374,398 at year end.

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