One Hundred Black Men
- Assets
- $1.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 07/1974
- Data as of
- 12/2022
- EIN
- 23-7379940
Organization Overview
One Hundred Black Men is located in New York, NY. The organization was established in 1974. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, One Hundred Black Men employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Hundred Black Men 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 12/2022, One Hundred Black Men generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 11.4% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OHBM INC. MISSION IS TO PLAY A PROACTIVE ROLE IN LEVERAGING OUR COLLECTIVE TALENT, ABILITY & ENERGY TOWARD ACHIEVING MEANINGFUL GAINS IN OUR LOW INCOME COMMUNITIES. THE ORGANIZATION'S INITIATIVES FOCUS ON EDUCATION THROUGH MENTORING, WEALTH BUILDING STRATEGIES, FOSTERING ECONOMIC DEVELOPMENT & RAISING AWARENESS OF HEALTH ISSUES AFFECTING OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DYCD JOH PROGRAM THE MENTORS MATTER PROGRAM SERVED 600 STUDENTS, PROVIDED 12,000 HOURS OF MENTORING, AND ENGAGED YOUNG PEOPLE IN PROGRAMS AND TRIPS TO BUILD LEADERSHIP SKILLS, EXPLORE CAREERS, PROMOTE CULTURAL UNDERSTANDING,AND FOSTER STRONG CHARACTER.
TRIE PROGRAM EXPENSE MENTORING PROGRAM BUSINESS GRANTS AND AWARDS NYPD OUTREACH PROGRAM OTHERS
JR 100 / EDUCATION & SCHOLARSHIP- PROVIDED SCHOLARSHIPS AND MONTHLY MENTORING FOR 35 STUDENTS.ALL STUDENTS GRADUATED OR ARE ON TRACK FOR GRADUATION.
HUNGER RELIEF OHBM PARTNERED WITH 20 CHURCHES, NONPROFIT, AND ARTS ORGANIZATIONS TO PROVIDE NUTRITIOUS MEALS TO FEED APPROXIMATELY 8,000 PEOPLE FROM THROUGHOUT NYC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aldrin K Enis President | OfficerTrustee | 12 | $0 |
Robert B Brown 1st Vice President | OfficerTrustee | 6 | $0 |
Jermaine Huell 2nd Vice President | OfficerTrustee | 3 | $0 |
Terrence Byerson 3rd Vice President | OfficerTrustee | 2 | $0 |
Clarence Smith Jr ESQ General Counsel | Trustee | 1 | $0 |
Frederick E Davis Jr CPA ESQ Treasurer | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $77,024 |
| Fundraising events | $597,257 |
| Related organizations | $0 |
| Government grants | $120,590 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,762,458 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,557,329 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,557,329 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $810,000 |
| Grants and other assistance to domestic individuals. | $127,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,001 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $63,385 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $58,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $47,502 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,847 |
| Travel | $1,911 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,840 |
| Insurance | $11,636 |
| All other expenses | $217,265 |
| Total functional expenses | $2,184,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,709 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $722,024 |
| 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 | $18,418 |
| Total assets | $1,018,151 |
| Accounts payable and accrued expenses | $144,148 |
| Grants payable | $32,000 |
| Deferred revenue | $71,463 |
| 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 | $27,959 |
| Total liabilities | $275,570 |
| Net assets without donor restrictions | $742,581 |
| 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 | $1,018,151 |