National Black Child Development Institute Inc
- Assets
- $9.2m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 11
- Location
- Silver Spring, MD
- Founding
- 10/1990
- Data as of
- 10/2023
- EIN
- 52-0908178
Organization Overview
National Black Child Development Institute Inc is located in Silver Spring, MD. The organization was established in 1990. As of 10/2023, National Black Child Development Institute Inc employed 11 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Black Child Development Institute 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 10/2023, National Black Child Development Institute Inc generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $3.5m during the year ending 10/2023. While expenses have increased by 5.8% 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.
Since 2015, National Black Child Development Institute Inc has awarded 70 individual grants totaling $1,041,285. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE AND ADVANCE THE QUALITY OF LIFE FOR BLACK CHILDREN AND FAMILIES THROUGH EDUCATION AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLICY - NBCDI POLICY INITIATIVES ARE DESIGNED TO ADVANCE POLICIES AND PROGRAMS THAT WILL POSITIVELY IMPACT BLACK CHILDREN AND FAMILIES. THROUGH POLICY INITIATIVES, NBCDI HOSTS BRIEFINGS, FOCUS GROUPS, SEMINARS, CONVENINGS AND OTHER COMMUNITY ENGAGEMENT EVENTS.
NATIONAL AFFILIATE NETWORK - THE NATIONAL AFFILIATE NETWORK IS COMPOSED OF CHAPTERS ACROSS THE U.S. THAT NBCDI PARTNERS WITH TO IMPLEMENT PROGRAMS AND INITIATIVES THAT IMPROVE AND ADVANCE THE QUALITY OF LIFE FOR BLACK CHILDREN AND FAMILIES.
CONFERENCE AND MEMBERSHIP - NBCDI'S ANNUAL CONFERENCE FOCUSES ON THE PRESSING ISSUES OF THE DAY, LEADERSHIP DEVELOPMENT, CAPACITY BUILDING, BEST PRACTICES, CUTTING EDGE SOLUTIONS AND RESEARCH THAT IMPACT BLACK CHILDREN AND FAMILIES. IN ADDITION, NBCDI PROVIDES INFORMATION, PUBLICATIONS AND LEADERSHIP TRAINING TO ITS NATIONAL MEMBERSHIP BASE. MEMBERSHIP BENEFITS INCLUDE REDUCED FEES TO THE ANNUAL NATIONAL CONFERENCE AND DISCOUNTS ON THE PURCHASE OF NBCDI CURRICULA.
OTHER PROGRAM SERVICES - NBCDI PROVIDES FAMILY ENGAGEMENT, HEALTH AND WELLNESS, AND LITERACY PROGRAMS AND CURRICULA THAT BENEFIT BLACK CHILDREN AND FAMILIES IN LOCAL COMMUNITIES. NBCDI PARTNERS WITH THE NATIONAL AFFILIATE NETWORK TO IMPLEMENT THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leah Austin President & CEO | Officer | 40 | $180,880 |
Jocelyn M Sturdivant Sr. Vp, Institutional Advancement | 40 | $125,673 | |
Allyson Jones Vice Pres Community Mobilization & National Pa | 40 | $118,450 | |
T Anthony Waller Chair Until 12/2022 | OfficerTrustee | 10 | $0 |
Kofi Smith Vice-Chair Until 12/2022, Then Chair | OfficerTrustee | 10 | $0 |
Angela Wiggins Secretary | OfficerTrustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trinity-washington University Teach Program | 10/30/22 | $578,488 |
Han Group Llc Cfo/accounting Services | 10/30/22 | $195,591 |
Kapture Vision Event Design & Production | 10/30/22 | $152,250 |
Wave Training And Consulting Llc Training Services | 10/30/22 | $111,715 |
Amanda Cline Consulting | 10/30/22 | $110,790 |
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 | $4,418,827 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,418,827 |
| Total Program Service Revenue | $312,147 |
| Investment income | $75,288 |
| 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 | $4,806,262 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $271,993 |
| Grants and other assistance to domestic individuals. | $143,744 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $233,473 |
| Compensation of current officers, directors, key employees. | $21,056 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $782,049 |
| Pension plan accruals and contributions | $333 |
| Other employee benefits | $31,055 |
| Payroll taxes | $75,131 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $88,359 |
| Fees for services: Accounting | $179,708 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $75 |
| Fees for services: Other | $336,606 |
| Advertising and promotion | $0 |
| Office expenses | $57,776 |
| Information technology | $83,186 |
| Royalties | $0 |
| Occupancy | $120,246 |
| Travel | $59,389 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $577,784 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,989 |
| Insurance | $20,661 |
| All other expenses | $3,962 |
| Total functional expenses | $3,527,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,808,509 |
| Savings and temporary cash investments | $3,268,750 |
| Pledges and grants receivable | $2,255,228 |
| 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 | $67,630 |
| Net Land, buildings, and equipment | $16,111 |
| Investments—publicly traded securities | $1,420,251 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $16,075 |
| Other assets | $393,706 |
| Total assets | $9,246,260 |
| Accounts payable and accrued expenses | $679,000 |
| Grants payable | $0 |
| Deferred revenue | $102,873 |
| 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 | $436,308 |
| Total liabilities | $1,218,181 |
| Net assets without donor restrictions | $4,288,786 |
| Net assets with donor restrictions | $3,739,293 |
| 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 | $9,246,260 |
Grants Awarded
Over the last fiscal year, National Black Child Development Institute Inc has awarded $258,886 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BCDI ATLANTA PURPOSE: READ TO SUCCEED PROGRAM; AFFILIATE SUPPORT; NBCDW VILLAGE SHOWCASE | $13,000 |
AMERICA'S CHARITIES PURPOSE: WORKING PLACE FEE | $12,708 |
BCDI FT LAUDERDALE PURPOSE: READ TO SUCCEED PROGRAM | $8,000 |
BCDI HAMPTON ROADS PURPOSE: NBCDW VILLAGE SHOWCASE; READ TO SUCCEED PROGRAM | $7,300 |
BCDI CHICAGO PURPOSE: READ TO SUCCEED PROGRAM; AFFILIATE SUPPORT; NBCDW VILLAGE SHOWCASE | $8,300 |
BCDI MIAMI PURPOSE: READ TO SUCCEED PROGRAM | $16,000 |