100 Black Men Of Louisville Inc is located in Louisville, KY. The organization was established in 1991. According to its NTEE Classification (V31) the organization is classified as: Black Studies, under the broad grouping of Social Science 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 Louisville 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 12/2022, 100 Black Men Of Louisville Inc generated $52.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $55.4k during the year ending 12/2022. While expenses have increased by 5.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES MENTORING SERVICES TO YOUNG AFRICAN AMERICAN MALES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTORED 75 DISADVANTAGED AFRICAN MALE YOUTHS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Reginald Gresham President | OfficerTrustee | 20 | $0 |
Brian Spaulding Secretary | OfficerTrustee | 1 | $0 |
Jerry Ledbetter Treasurer | OfficerTrustee | 10 | $0 |
Darryl Watson Sr Vice President | OfficerTrustee | 1 | $0 |
Roger Reynolds Parliamentarian | OfficerTrustee | 1 | $0 |
Charles Hopkins II Chaplain | OfficerTrustee | 1 | $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 | $52,592 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $52,592 |
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 | $52,592 |
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 | $0 |
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 | $2,100 |
Information technology | $958 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,497 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,316 |
All other expenses | $15,447 |
Total functional expenses | $55,426 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $86,373 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $86,373 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $86,373 |
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 | $86,373 |
Over the last fiscal year, we have identified 4 grants that 100 Black Men Of Louisville Inc has recieved totaling $121,734.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $50,242 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $50,242 |
100 Black Men Of America Inc Atlanta, GA PURPOSE: PROGRAM ASSISTANCE | $11,250 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY PURPOSE: V31 BLACK STUDIES | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Becket Fund Washington, DC | $15,541,342 | $13,973,613 |
Population Connection Washington, DC | $30,123,738 | $13,836,207 |
Uli Foundation Washington, DC | $58,134,153 | $10,283,468 |
The Fund For American Studies Washington, DC | $28,894,922 | $6,879,817 |
Americans For Prosperity Foundation Arlington, VA | $16,106,474 | $11,877,459 |
Washington Center For Equitable Growth Inc Washington, DC | $11,979,868 | $8,578,592 |
Salzburg Global Seminar Inc Washington, DC | $32,915,580 | $8,223,721 |
Usaging Washington, DC | $7,198,554 | $9,442,731 |
Project South The Institution For The Elimination Poverty & Genocide Atlanta, GA | $27,866,929 | $28,428,472 |
American Conservative Union Foundation Alexandria, VA | $4,324,775 | $9,427,841 |
American Political Science Association Washington, DC | $50,816,738 | $7,939,452 |
American Studies Center Arlington, VA | $2,613,451 | $7,660,485 |