100 Black Men Of Greater Charlotte Inc is located in Charlotte, NC. The organization was established in 1993. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 100 Black Men Of Greater Charlotte 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 06/2022, 100 Black Men Of Greater Charlotte Inc generated $243.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $229.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE THE QUALITY OF LIFE OF AFRICAN AMERICAN YOUTH THROUGH MENTORING PROGRAMS AND SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCREASE THE QUALITY OF LIFE THROUGH MENTORING PROGRAMS, GRANTING SCHOLARSHIPS AND MONITORING AWARDEES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aaron Means Chairman | Officer | $0 | |
Edwin Terry Treasurer | Officer | $0 | |
Robert Taylor Member | Officer | $0 | |
C Duvale Murchison Member | Officer | $0 | |
Charles Walker Member | Officer | $0 | |
Reginald Grant Member | Officer | $0 |
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 | $232,070 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $232,070 |
Total Program Service Revenue | $10,995 |
Investment income | $6 |
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 | $243,071 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,313 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $66,042 |
Advertising and promotion | $0 |
Office expenses | $9,491 |
Information technology | $5,026 |
Royalties | $0 |
Occupancy | $12,290 |
Travel | $4,275 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,283 |
Interest | $155 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,187 |
All other expenses | $32,165 |
Total functional expenses | $229,185 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,737 |
Savings and temporary cash investments | $168,544 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $269,281 |
Accounts payable and accrued expenses | $26,527 |
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 | $26,527 |
Net assets without donor restrictions | $183,608 |
Net assets with donor restrictions | $59,146 |
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 | $269,281 |
Over the last fiscal year, we have identified 5 grants that 100 Black Men Of Greater Charlotte Inc has recieved totaling $51,420.
Awarding Organization | Amount |
---|---|
The Merancas Foundation Inc Charlotte, NC PURPOSE: YOUTH MENTORING PROGRAMS | $30,000 |
United Way Of Greater Charlotte Charlotte, NC PURPOSE: PROGRAM OPERATING COSTS | $12,500 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $8,154 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $676 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $90 |
Organization Name | Assets | Revenue |
---|---|---|
Kissito Healthcare Inc Roanoke, VA | $34,272,416 | $69,527,581 |
100 Black Men Of Atlanta Inc Atlanta, GA | $1,532,763 | $1,952,915 |
South Pointe Fellowship Pageland, SC | $544,067 | $1,354,726 |
Lynchburg Lodge 715 Loyal Order Of Moose Lynchburg, VA | $1,181,606 | $1,405,839 |
North Carolina Beta Alumni And Volunteer Corporation Of Sigma Phi Raleigh, NC | $5,303,877 | $585,969 |
Womans Club Richmond, VA | $937,761 | $530,480 |
Benevolent & Protective Order Of Elks Of The Usa Fredericksburg, VA | $1,670,571 | $467,040 |
Dekalb County Chapter Of 100 Black Men Of America Inc Atlanta, GA | $194,135 | $296,130 |
Blue Ridge Fellows Program Inc Roanoke, VA | $105,619 | $259,919 |
Fraternal Order Of Eagles Alexandria, VA | $897,570 | $472,246 |
100 Black Men Of South Metro Inc Atlanta, GA | $238,407 | $284,317 |
South Hill Lodge No 1872 Loyal Order Of Moose South Hill, VA | $1,656,464 | $194,476 |