Consortium Of African American Organizations
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 04/2001
- Data as of
- 12/2019
- EIN
- 31-1740358
Organization Overview
Consortium Of African American Organizations is located in Cleveland, OH. The organization was established in 2001. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is the central organization for a national or regional group of organizations. Consortium Of African American Organizations 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 12/2019, Consortium Of African American Organizations generated $8.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (53.5%) each year. All expenses for the organization totaled $14.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (43.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO UTILIZE THE RESOURCES OF NORTHEAST OHIO AFRICAN AMERICAN PROFESSIONAL ORGANIZATIONS TO PROMOTE ECONOMIC IN AFRICAN AMERICAN COMMUNITIES AND TO ENHANCE CAREER AND ENTREPRENERIAL OPPORTUNITIES FOR AFRICAN AMERICANS.
Describe the Organization's Program Activity:
Part 3
CAAOS DIRECT ASSISTANCE HAS BEEN PROVIDED TO OVER 400 INDIVIDUALS. INDIVIDUALS WERE ASSISTED PRIMARILY WITH BUSINESS PLANNING, ACCESS TO CAPITAL, BRINGING NEW PRODUCTS TO MARKET, JOINT VENTURING AS A WAY TO EXPAND, CAPACITY BUILDING, AN INCREASED AMOUNT OF JOB SEARCHES, VOLUNTEER ASSIGNMENTS, HOW TO MAKE MONEY UNTIL YOU FIND A JOB, EMPLOYEE SEARCHES, RELATIONSHIP BUILDING SKILLS, MATCHMAKING, AND BUSINESS REFERRALS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deona Davis Board Member | 10 | $0 | |
William Holdipp Executive Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,120 |
| Total Program Service Revenue | $80 |
| Membership dues | $200 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,675 |
| Occupancy, rent, utilities, and maintenance | $300 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,555 |
| Total expenses | $14,530 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |