Black Men Of Greater Springfield Inc
- Assets
- $110.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MA
- Founding
- 12/1995
- Data as of
- 12/2021
- EIN
- 04-3210338
Organization Overview
Black Men Of Greater Springfield Inc is located in Springfield, MA. The organization was established in 1995. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Men Of Greater Springfield Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Black Men Of Greater Springfield Inc generated $48.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $66.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Zachery President | 10 | $0 | |
Michael Blake Treasurer | 3 | $0 | |
Myron Hatchett Vice-President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,807 |
| Total Program Service Revenue | $0 |
| Membership dues | $550 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,357 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $26,459 |
| Salaries, other compensation, and employee benefits | $25,227 |
| Professional fees and other payments to independent contractors | $2,408 |
| Occupancy, rent, utilities, and maintenance | $4,250 |
| Printing, publications, postage, and shipping | $8,046 |
| Other expenses | $0 |
| Total expenses | $66,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,409 |
| Other assets | $0 |
| Total assets | $110,409 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,409 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Black Men Of Greater Springfield Inc has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: HUMAN SERVICES | $11,000 |
Safelite Charitable Foundation Columbus, OH PURPOSE: HELP ORG SERVE CHARITY | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Do Something Inc New York, NY | $16,018,625 | $4,390,638 |
Colonie Youth Center Inc Latham, NY | $13,129,145 | $4,748,575 |
Squashbusters Inc Roxbury Crossing, MA | $32,066,323 | $8,675,838 |
El Puente De Williamsburg Inc Brooklyn, NY | $1,746,153 | $3,586,866 |
Manhattan Soccer Club Inc New York, NY | $3,532,103 | $3,811,063 |
Compass Youth Collaborative Inc Hartford, CT | $2,453,740 | $3,584,751 |
Wakeman Memorial Association Inc Fairfield, CT | $16,157,524 | $5,728,148 |
Valeo Futbol Club Inc Newton Center, MA | -$49,861 | $2,149,283 |
Sociedad Latina Inc Roxbury, MA | $10,396,868 | $3,359,611 |
The Dream Program Inc Winooski, VT | $2,278,849 | $2,506,559 |
Wendell P Clark Memorial Young Mens Christian Association Inc Winchendon, MA | $12,441,713 | $1,690,949 |
Mary Mitchell Family And Youth Center Inc Bronx, NY | $860,013 | $1,774,814 |