Organization Of Black Aerospace Professionals
- Assets
- $2.8m
- Revenue
- $113.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Westchester, IL
- Founding
- 12/2010
- Data as of
- 12/2021
- EIN
- 27-1836543
Organization Overview
Organization Of Black Aerospace Professionals, operating under the name Obap, is located in Westchester, IL. The organization was established in 2010. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Obap 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, Obap generated $113.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.9%) each year. All expenses for the organization totaled $148.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.2%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION OF BLACK AEROSPACE PROFESSIONALS, INC (OBAP) PRIMARY MISSION IS TO MOTIVATE TODAYS YOUTH TO BECOME EDUCATIONALLY PREPARED FOR LIFE; TO INCREASE MINORITY PARTICIPATION IN AVIATION THROUGH EXPOSURE, TRAINING, MENTORING AND SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO MOTIVATE TODAYS YOUTH TO BECOME EDUCATIONALLY PREPARED FOR LIFE; TO INCREASE MINORITY PARTICIPATION IN AVIATION THROUGH EXPOSURE, TRAINING, MENTORING AND SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Webley Board Chair | Officer | 2 | $0 |
Pam Williams Vice Chair | Officer | 2 | $0 |
Tennessee Garvey Director | Trustee | 2 | $0 |
Thomas Witts Director | Trustee | 2 | $0 |
Jean Olivier Mbog Director | Trustee | 2 | $0 |
Anthony Glenn Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,117 |
| Fundraising events | $263 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,892 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,272 |
| Total Program Service Revenue | $19,800 |
| Investment income | $100 |
| 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 | $113,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $15,033 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $32,711 |
| Fees for services: Legal | $0 |
| 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 | $9,184 |
| Office expenses | $3,204 |
| Information technology | $5,433 |
| Royalties | $0 |
| Occupancy | $2,584 |
| Travel | $1,314 |
| 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 | $6,214 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $148,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,119,888 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $97,673 |
| Accounts receivable, net | $366,500 |
| 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 | $235,007 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,819,068 |
| Accounts payable and accrued expenses | $369,724 |
| Grants payable | $0 |
| Deferred revenue | $380,059 |
| 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 | $163,825 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $913,608 |
| Net assets without donor restrictions | $1,905,460 |
| 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 | $2,819,068 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Organization Of Black Aerospace Professionals has recieved totaling $423,620.
| Awarding Organization | Amount |
|---|---|
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT PROGRAMS, FUNDRAISING, AND RESEARCH ENABLING THE ADVANCEMENT OF MINORITIES IN AVIATION AND AEROSPACE CAREERS. | $375,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Youth Development | $25,000 |
International Federation Of Professional & Technical Engineers Seattle, WA PURPOSE: SPEEA-ACE Scholarship Award | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,620 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Spencer Foundation Chicago, IL | $670,624,797 | $32,472,140 |
Childrens First Fund The Chicago Public School Foundation Chicago, IL | $26,791,850 | $26,985,163 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |