Organization Of Black Aerospace Professionals

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. As of 12/2022, Obap employed 4 individuals. 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 12/2022, Obap generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 17.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

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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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$349,095
Fundraising events$53,834
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,319,451
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,722,380
Total Program Service Revenue$159,434
Investment income $601
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 $3,887,340

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