Black and Brown Founders Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
BLACK AND BROWN FOUNDERS INC. IS DEDICATED TO FOSTERING A DIVERSE AND INCLUSIVE ENTREPRENEURIAL ECOSYSTEM. WE EMPOWER ENTREPRENEURS FROM UNDERREPRESENTED COMMUNITIES WITH THE TOOLS, TRAINING, AND CONNECTIONS TO LAUNCH AND SCALE SUCCESSFUL TECH-ENABLED BUSINESSES.
- Income
- $179,494
- Spending
- $200,941
- Spent on programs
- 80%
- Reserves
- 11.2 months of spending
- Largest source of income
- fees for its services, 56%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 67 out of 100. Higher than 32% of charities in its peer group (education, under $250k).
Reserves
28 of 35Spendable reserves would cover 11.2 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
4 of 15Spending exceeded income by 12% of income.
Income trend
0 of 15Income fell 69% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 50 out of 100. Higher than 24% of charities in its peer group (education, under $250k).
Independent board
25 of 2522 of 22 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $160,752 spent. IN RESPONSE TO THE URGENT NEED FOR CHANGE, OUR ORGANIZATION IS COMMITTED TO USING TECHNOLOGY AND ENTREPRENEURIAL SPIRIT TO SUPPORT UNDERREPRESENTED FOUNDERS AND BRIDGE THE WEALTH GAP. WERE EXCITED TO LAUNCH OUR INNOVATIVE TEN-WEEK VIRTUAL TRAINING PROGRAM, WHICH OFFERS ENGAGING VIDEO LESSONS, LIVE COACHING SESSIONS, AND A SUPPORTIVE COMMUNITY, ALL DESIGNED TO UNLOCK UNIQUE POTENTIAL AND EQUIP UNDERREPRESENTED BUSINESSES WITH ESSENTIAL STARTUP TOOLS. THANKS TO THE BACKING OF MULTIPLE SPONSORS, WE'VE REDUCED COSTS FOR 2023-2025, ENHANCING THE PROGRAM'S IMPACT. WE'VE ALSO PROVIDED VITAL TECHNICAL ASSISTANCE TO OVER 250 BUSINESSES, HELPING THEM GROW AND IMPROVE OPERATIONS. WE BELIEVE IN THE POWER OF COLLABORATION AND INNOVATION, AND WERE EAGER TO SEE THE POSITIVE CHANGE OUR PROGRAM WILL INSPIRE.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.