National Association For The Advancement Of Colored People
- Assets
- $35.5m
- Revenue
- $44.1m
- Investments
- $0.0
- Employees
- 39
- Location
- Baltimore, MD
- Founding
- 11/1961
- Data as of
- 12/2023
- EIN
- 23-7028846
Organization Overview
National Association For The Advancement Of Colored People, operating under the name NAACP Group, is located in Baltimore, MD. The organization was established in 1961. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, NAACP Group employed 39 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. NAACP Group is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, NAACP Group generated $44.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $35.6m during the year ending 12/2023. While expenses have increased by 6.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE EQUITY, POLITICAL RIGHTS, AND SOCIAL INCLUSION BY ADVANCING POLICIES AND PRACTICES THAT EXPAND HUMAN AND CIVIL RIGHTS, ELIMINATE DISCRIMINATION, AND ACCELERATE THE WELL-BEING, EDUCATION, AND ECONOMIC SECURITY OF BLACK PEOPLE AND ALL PERSONS OF COLOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NAACP CONTINUES TO FOCUS ON PROTECTING THE CIVIL RIGHTS OF ALL PERSONS WHO SUFFER DISCRIMINATION AND EXCLUSION. ANOTHER AREA OF FOCUS NATIONWIDE IS AN EMPHASIS ON YOUTH SERVICES WITH PROGRAMS SUCH AS BACK TO SCHOOL, STAY IN SCHOOL, AND ACT-SO. THESE PROGRAMS PROMOTE ACADEMIC EXCELLENCE AND ACHIEVEMENT IN AMERICA'S YOUTH, PARTICULARLY MINORITY STUDENTS WHOSE TRUANCY AND DROPOUT RATES ARE EXCESSIVELY HIGH. THE PROGRAMS AVAIL COMMUNITY MENTORS AND ROLE MODELS, PROVIDE TUTORIAL SERVICES AND FOSTER COMPETITION IN ARTS AND SCIENCES FOR A PARTICIPANT. ADDITIONALLY, THE ORGANIZATION THROUGH ITS NETWORK OF UNITS, CONTINUES TO DIRECT AMERICA'S ATTENTION TOWARD THE INCESSANT DISCORD IN RACE RELATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James White Treasurer | OfficerTrustee | 6 | $0 |
Cheryl Cox Williams President | OfficerTrustee | 1 | $0 |
Bennie Colbert President | OfficerTrustee | 1 | $0 |
Sheley Secrest President | OfficerTrustee | 1 | $0 |
Anthony Holt President | OfficerTrustee | 1 | $0 |
Kiana Maria Sears President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,074,935 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,752,722 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,827,657 |
| Total Program Service Revenue | $2,651,621 |
| Investment income | $168,900 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,572,095 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,076,083 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,442,167 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $317,628 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,836,376 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $243,124 |
| Payroll taxes | $183,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $130,118 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $324,281 |
| Office expenses | $1,911,334 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,561,573 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,628,277 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $35,628,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,505,109 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,505,109 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $35,505,109 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $35,505,109 |