Silverback Society Inc
- Assets
- $286.3k
- Revenue
- $225.3k
- Investments
- $0.0
- Employees
- 4
- Location
- New Orleans, LA
- Founding
- 02/2013
- Data as of
- 07/2023
- EIN
- 46-1121643
Organization Overview
Silverback Society Inc is located in New Orleans, LA. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 07/2023, Silverback Society Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silverback Society Inc 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 07/2023, Silverback Society Inc generated $225.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $335.3k during the year ending 07/2023. While expenses have increased by 8.4% 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 SUPPLY THE NEXT GENERATION OF WOMEN AND CHILDREN WITH MEN WHO WILL HAVE THE "CAPACITY" TO CONTRIBUTE TO BETTER LIVING FOR THOSE WHO DEPEND ON THEM. IN DOING SO WE BELIEVE THAT THE MEN WE INSPIRE AND SUPPORT IN THEIR "COMING UP" WILL HAVE SATISFYING AND FULFILLING LIVES AND WILL NOT HAVE TO RESORT TO VIOLENCE TO FEEL RESPECTED BY THEIR PEERS OR THEIR WOMEN AND CHILDREN, AND THAT THEIR SONS WILL INHERIT MALE CAPACITY AND RESPONSIBILITY AS NORMAL MALE BEHAVIOR AND THEIR DAUGHTERS NOT STARVED FOR A MAN'S LOVE WILL EXPECT THE SAME AND MEASURE AND HANDLE MEN ACCORDINGLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SILVERBACK SOCIETY APPROACH IS PLANNED, BASED ON THE BOYS EMOTIONAL NEEDS AND IS REPEATABLE AND TRAINABLE. IF THE MILITARY CAN TURN HIP-HOPPERS AND PUNK-ROCKERS INTO MARINES IN 12 WEEKS SURELY, WE CAN OPEN BOYS EYES TO THEIR FUTURES IN A SCHOOL YEAR, AND WE'VE DONE IT AND ITS NOT EVEN HARD, IT JUST TAKES TIME AND CONSISTENCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Bruno Treasurer | OfficerTrustee | 2 | $0 |
Dr Keith Ferdinard Director | OfficerTrustee | 2 | $0 |
D'juan Hernandez Director | OfficerTrustee | 2 | $0 |
Roy J Rodney Jr Member | Trustee | 2 | $0 |
Mtumishi St Julien Secretary | OfficerTrustee | 2 | $0 |
Keith Pittman Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $225,336 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,336 |
| 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 | $225,336 |
| 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 | $232,192 |
| Pension plan accruals and contributions | $8,301 |
| Other employee benefits | $0 |
| Payroll taxes | $17,762 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,342 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,170 |
| Information technology | $2,239 |
| Royalties | $0 |
| Occupancy | $2,574 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,890 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $756 |
| All other expenses | $0 |
| Total functional expenses | $335,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,437 |
| 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 | $5,697 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $160 |
| Total assets | $286,294 |
| Accounts payable and accrued expenses | $15,000 |
| 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 | $15,000 |
| Net assets without donor restrictions | $271,294 |
| 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 | $286,294 |