Public Charity

Black Ambition Opportunity Inc

Based in Miami, FL, Black Ambition Opportunity Inc operates as a Public Charity. The organization reported $6.1M in revenue, $7.3M in expenses, $10.5M in total assets for fiscal year 2024. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $11.9M.

EIN: 851559517 Miami, FL Latest filing: 2024
Total Revenue$6.1M
Total Expenses$7.3M
Total Assets$10.5M
Grant Records7
Funding Total$11.9M
Filing Years2021–2024

Mission

Provide increased economic opportunities to underrepresented entrepreneurs to bridge wealth and opportunity gaps through entrepreneurship by increasing both the pipeline of diverse entrepreneurs as well as the number of historically excluded entrepreneurs who succeed at raising necessary startup capital.

Officers & Directors

Board Member Erik Moore
CEO Felicia Hatcher
Director & Chair Pharrell Williams
Board Member Ron Laffitte

Officer compensation and complete director data available with membership.

Top Grant Purposes

CORE SUPPORT
$8,608,566 1 grant
CROSSCUTTING STRATEGIES
$1,393,887 1 grant
Civic Participation
$1,272,750 2 grants
Civil Participation
$500,000 1 grant
Economic Development
$70,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $6.1M $7.3M $10.5M
2023 $6.1M $7.8M $12.3M
2022 $15.5M $4.2M $13.8M
2021

Between 2022 and 2024, reported annual revenue declined from $15.5M to $6.1M (-61%), with total assets most recently reported at $10.5M.

Interactive year-over-year charts and full filing details available with membership.

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