Fellowship Bmec Inc
- Assets
- $3.9m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 01/2016
- Data as of
- 06/2021
- EIN
- 81-0871452
Organization Overview
Fellowship Bmec Inc is located in Philadelphia, PA. The organization was established in 2016. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fellowship Bmec 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 06/2021, Fellowship Bmec Inc generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 53.6% each year . All expenses for the organization totaled $2.1m during the year ending 06/2021. While expenses have increased by 36.1% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FELLOWSHIP: BLACK MALE EDUCATORS FOR SOCIAL JUSTICE IS A PROFESSIONAL MEMBERSHIP AND ACTIVIST ORGANIZATION DEDICATED TO ADVANCING THE RECRUITMENT, DEVELOPMENT AND RETENTION OF BLACK MALE EDUCATORS IN SCHOOLS THROUGHOUT GREATER PHILADELPHIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FELLOWSHIP'S PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE THE PROTEGE-HIGH SCHOOL PROGRAMS THAT HELP TO CREATE PATHWAYS INTO THE EDUCATION FIELD FOR ASPIRING EDUCATORS. THE REGIONAL CONVENING CONFERENCE THAT SUPPORTS EDUCATION PROFESSIONALS, ASPIRING EDUCATORS AND MID-CAREER CHANGERS THAT ARE INTERESTED IN THE EDUCATION FIELD AND NATIONAL CONVENING CONFERENCE THAT CREATES A PROFESSIONAL DEVELOPMENT AFFINITY SPACE FOR BLACK MALE EDUCATORS ACROSS THE COUNTRY. SCHOLARSHIPS AND STIPENDS ARE AWARDED TO PARTICIPANTS.
THE CENTER FOR BLACK EDUCATOR DEVELOPMENT LAUNCHED THE FREEDOM SCHOOLS LITERACY ACADEMY - AN 8-WEEK SUMMER LITERACY AND APPRENTICESHIP PROGRAM SERVING ELEMENTARY, MIDDLE & HIGH SCHOOL STUDENTS. DURING THE PROGRAM 85% OF THE HIGH SCHOOL AND COLLEGE STUDENTS EXPRESSED A GREATER INTEREST IN TEACHING THAN WHEN THEY STARTED, AND THE ELEMENTARY SCHOOL STUDENTS SHOWED SIGNIFICANT GAINS IN THEIR LITERACY SKILLS. DURING THE YEAR, THE CENTER PROVIDED PROFESSIONAL DEVELOPMENT WORKSHOPS AND ONE ON ONE TEACHER COACHING TO TEACHERS IN THE CITY OF PHILADELPHIA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miles Wilson Board Chair | OfficerTrustee | 1 | $0 |
Rashid Coleman Chief Creative Officer/co | Officer | 40 | $0 |
Sterling Grimes Chief Program Officer | Officer | 40 | $0 |
Vincent Cobb Ceo/co-Founder | Officer | 40 | $0 |
Charles Adams Board Member | Trustee | 1 | $0 |
Joseph Ferguson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $388 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,828,346 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,828,734 |
| Total Program Service Revenue | $0 |
| Investment income | $2,551 |
| 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 | $4,831,352 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,092,712 |
| 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 | $1,676 |
| 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 | $345 |
| Advertising and promotion | $70 |
| Office expenses | $89 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,145,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,699,615 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,236,297 |
| 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 | $3,935,912 |
| Accounts payable and accrued expenses | $42,000 |
| 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 | $125,011 |
| Total liabilities | $167,011 |
| Net assets without donor restrictions | $0 |
| 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 | $3,768,901 |
| Total liabilities and net assets/fund balances | $3,935,912 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Fellowship Bmec Inc has recieved totaling $1,878,980.
| Awarding Organization | Amount |
|---|---|
Cleveland Avenue Foundation For Education Group Chicago, IL PURPOSE: TO SUPPORT THE PROGRAMMATIC OR OPERATING COSTS OF THE ORGANIZATION IN ALIGNMENT WITH THE 1954 PROJECT VALUES | $996,815 |
Tides Foundation San Francisco, CA PURPOSE: QUALITY EDUCATION | $504,300 |
New Schools Fund Oakland, CA PURPOSE: DIVERSE LEADERS | $200,000 |
Philadelphia Foundation Philadelphia, PA PURPOSE: PROFESSIONAL DEVELOPMENT FOR TEACHERS PROGRAM | $100,000 |
United Way Of Greater Philadelphia And Southern New Jersey Philadelphia, PA | | $56,250 |
Neubauer Family Charitable Trust Mountain View, CA PURPOSE: EDUCATION | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Dairy Assn & Dairy Council Of Ny Inc Empire Building North Syracuse, NY | $7,719,519 | $19,494,429 |
American Federation For Children Inc Columbia, MD | $4,734,302 | $8,920,295 |
Nj Assoc Of School Administrators Corp Trenton, NJ | $2,166,473 | $2,484,430 |
Consortium For Public Education Mckeesport, PA | $8,617,979 | $3,033,681 |
The Pittsburgh High Technology Council Pittsburgh, PA | $3,558,028 | $3,049,569 |
New York State Council Of School Superintendents Albany, NY | $5,077,642 | $3,046,665 |
Project Ready Newark, NJ | $545,292 | $2,709,148 |
Associated Builders And Contractors Inc East Syracuse, NY | $1,910,207 | $2,380,603 |
Maritime Exchange For The Delaware River And Bay Philadelphia, PA | $9,242,868 | $2,750,481 |
Fellowship Bmec Inc Philadelphia, PA | $3,935,912 | $4,831,352 |
Reading League Syracuse, NY | $2,958,965 | $2,169,026 |
Ohio Community Action Training Organization Columbus, OH | $761,652 | $1,900,982 |