Georgia Association Of Minority Entrepreneurs
- Assets
- $134.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 03/1990
- Data as of
- 06/2022
- EIN
- 58-1695684
Organization Overview
Georgia Association Of Minority Entrepreneurs is located in Atlanta, GA. The organization was established in 1990. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Association Of Minority Entrepreneurs is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Georgia Association Of Minority Entrepreneurs generated $20.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $73.9k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO ENCOURAGE THE GROWTH AND DEVELOPMENT OF MINORITY BUSINESSES IN GEORGIA AND TO STIMULATE THE ECONOMY BY PROVIDING SERVICESAND OTHER ACTIVITIES WHICH HELP TO DEVELOP EMPLOYMENT OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Dortch Jr Director | 2 | $0 | |
Otis Threat Director | 2 | $0 | |
Cj Pearson Director | 2 | $0 | |
Sabrina Jenkins Director | 2 | $0 | |
Josh Menifee Treasurer | 2 | $0 | |
Edward Bowen Chairman | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,000 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,632 |
| Total expenses | $73,932 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,474 |
| Other assets | $0 |
| Total assets | $134,474 |
| Total liabilities | $0 |
| Net assets or fund balances | $134,474 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minority Alliance For Advocating Community Awareness & Action Tallahassee, FL | $41,201 | $4,454,209 |
Cuban American National Council Inc Miami, FL | $893,081 | $2,146,435 |
Mid-South Minority Business Council Continuum Inc Memphis, TN | $2,411,165 | $936,384 |
Dedication To Community Charlotte, NC | $48,294 | $453,094 |
Americans For Democracy & Human Rights In Bahrain Inc Mobile, AL | $206,866 | $222,864 |
The George Floyd Memorial Foundation Inc Mooresville, NC | $531,537 | $806,844 |
80-20 Educational Foundation Saint Petersburg, FL | $5,781,511 | $737,099 |
Sandhills Cooperation Association Troy, NC | $244,848 | $396,435 |
Martin Luther King Jr Association Of Asheville & Buncombe County Asheville, NC | $66,413 | $0 |
Georgia Association Of Minority Entrepreneurs Atlanta, GA | $134,474 | $0 |
North Carolina Legislative Black Caucus Foundation Inc Raleigh, NC | $392,264 | $0 |
A Therapist Like Me Asheville, NC | $53,805 | $0 |