It's not impossible that a black hole of one solar mass could exist, but it could not be a consequence of natural stellar evolution.
The "why" involves really complicated aspects of nuclear fusion processes. I don't pretend to understand more than a small percentage of it. Basically, though, every time that the fusion stage of a star progresses, the energy output increases and the stellar envelope undergoes a brief ballooning followed by a shrinkage. Ie: when one fusion process runs out, the energy pressure can no longer support the stellar material against gravity. The matter falls in violently, triggering the next stage of fusion which then re-expands the star. Initially, hydrogen fuses into helium. In the next stage, helium-3 fuses into helium-4 and lithium. Subsequent fusion reactions produce carbon, oxygen, etc. until it gets to iron. Iron absolutely will not not fuse. When it reaches that stage, the fusion "fire" is extinguished. In a star of Sol's mass, the infalling matter then undergoes a final "fusion bounce" and puffs up into a red giant. It's a lot hotter than the original star, but the mass is distributed over such a broad volume that the average temperature is fairly low. The normal intra-atomic electronic repulsion (called "degenerate electron pressure") is enough to keep things in a normal realm.
When more mass is left in the core, the electronic repulsion is no longer strong enough to overcome gravity. Electrons get compressed into the nuclei of the atoms, to combine with the protons and become neutrons. The resulting "neutronium" is the densest possible material in the universe, and is the material of which neutron stars are composed. (Also George Bush's brain, but that's a subject for the Political Science forum...)
When the remaining mass of a star is sufficient, neither degenerate electron pressure nor any other force is sufficient to counteract gravity, so it continues contracting in size until it disappears. While the physical object is no longer noticeably present, the gravitational (and electric) fields still are.
This is really getting to the point where this thread might best be moved to the Astrophysics sub-forum. I'm getting way over my head here.