Tarik Black Foundation Inc
- Assets
- $21.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 81-5234388
Organization Overview
Tarik Black Foundation Inc is located in Memphis, TN. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tarik Black Foundation 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, Tarik Black Foundation Inc generated $80.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $92.4k during the year ending 12/2022. 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 Mission:
Part 3 - Line 1
INSPIRE YOUTH AND PREPARE THEM TO BECOME SUCCESSFUL ADULTS READY TO WORK IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3
TRANSFORMATION50 BASKETBALL AND LIFE SKILLS CAMP PROVIDED BASKETBALL CLINIC AND LIFE SKILLS CLASSES FOR 50 BOYS AGES BETWEEN 11-15. THE CAMP IS ONE WEEK AND IS FREE OF CHARGE. IT INCLUDES A BASKETBALL CLINIC AND LIFE SKILLS CLASSES. THE CAMP ALSO INCLUDES A FIELD TRIP TO THE SPACE AND ROCKET CENTER AND A PUBLIC FORUM.
TARIK BLACK' MULTICULTURAL WATCH PARTY AND CELEBRATION: OVER 200 YOUTH BETWEEN AGES 11 AND 18 ATTEND THIS EVENING WINTER CELEBRATION. THE BACKDROP IS A EUROLEAGUE BASKETBALL GAME PLAYED IN TEL AVIV. IN BETWEEN GAME BREAKS YOUTH LEARN AND PLAY GAMES INDICATIVE OF THE CULTURES BEING CELEBRATED. IN 2019 WE CELEBRATED HANUKKAH, KWANZA AND FELIZ NAVIDAD. REFRESHMENTS FROM EACH CULTURE ARE SERVED, AS WELL AS TRADITIONAL GAME SNACKS. ATTENDEES LEARN THE HISTORY ASSOCIATED WITH THE CULTURAL TRADITIONS. THEY LEAVE THE CELEBRATION WITH GOODIE BAGS THAT INCLUDE GIFTS SYMBOLIC OF THE CULTURAL CELEBRATED. THE EVENT ATTRACTS YOUTH FROM DIVERSE CULTURES AND BACKGROUNDS. THE FOUNDATION MAKES AVAILABLE TRANSPORTATION FOR YOUTH IN THE 38126 ZIP CODE WHO MAY NOT HAVE TRANSPORTATION TO THE SITE WHICH IN 2019 WAS BRIDGES USA CENTER.
SUMMER GLAM (GIRLS' LIFE ACADEMY MEMPHIS) IS A SIX-WEEK INTERNSHIP PROGRAM FOR YOUNG LADIES 16 - 20 IN MEMPHIS. THE 25 INTERNS ARE EMPLOYED BY THE CITY TO ATTEND THE PROGRAM WHICH ASIDE FROM THEIR SALARIES IS TOTALLY FUNDED BY THE TARIK BLACK FOUNDATION. THE EXPERIENCE INCLUDES LIFE SKILLS SESSIONS CONDUCTED BY PROFESSIONALS FROM VARIOUS WALKS OF LIFE BOTH LOCAL AND NATIONAL EXPERTS WHO OFFER THEIR KNOWLEDGE. IT ALSO INCLUDES EXPERIENTAL FIELD TRIPS, HANDS ON ACTIVITIES PLAYS, BOOKS AND CULMINATES WITH A NETWORKING AND AWARDS GALA ALLOWING THE 25 PARTICIPANTS TO DEMONSTRATE AND UTILIZE MANY OF THE LIFE SKILLS ACQUIRED AND AWARD THEM FOR SUCCESSFULLY COMPLETING THE PROGRAM. THE OVERALL GOAL IS TO HELP ENSURE YOUTH TRANSITION TO ADULTHOOD BEING WELL INFORMED, WELLPREPARED AND WELL ROUNDED.
SPORTS CAREER INTERNSHIP: SPORTS CAREERS IS A SIX WEEKS INTERNSHIP PROGRAM FOR 50 YOUNG MEN THAT ALLOWS THEM TO EXPLORE CAREERS IN THE SPORTS INDUSTRY OUTSIDE OF PLAYING A SPORT. THEY INTERACT WITH SPORTS INDUSTRY PROFESSIONALS IN OCCUPATIONS THAT IMPACT SPORTS INCLUDING TECHNICAL, FINANCIAL, MARKETING, LEGAL, PERFORMANCE, ANALYTICS, FACILITY MANAGEMENT, FLOORING AND MORE. THE PROGRAM ALSO PROVIDES SESSIONS AND EXPERIENCES THAT PREPARE INTERNS TO MAKE IMPORTANT LIFE AND TEACH PROFESSIONAL SKILLS. IT INCLUDES FIELD TRIPS AND INTERACTIVE WORKSHOPS AND PROVIDES FREE RESOURCES AND KEEPSAKES THAT WILL PROVIDE A REFERENCE FOR YOUNG MEN AS THEY MAKE LIFESTYLE CHOICES AND ENCOUNTER LIFE CHALLENGES. YOUTH ATTENDING ARE ASSIGNED TO THE PROGRAM THROUGH THE MPLOY SUMMER YOUTH PROGRAM OF MEMPHIS WHICH PROVIDES THEIR STIPEND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Li Kong Chair | 0 | $0 | |
Bruque Argaw Secretary | 0 | $0 | |
Leonard Draper Member | 0 | $0 | |
Muriel Hepburn Treasurer | 0 | $0 | |
Jennifer Mcdaniel Member | 0 | $0 | |
Judith Moore President And CEO | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,363 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $53,399 |
| Total Revenue | $80,762 |
| 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 | $10,000 |
| Occupancy, rent, utilities, and maintenance | $945 |
| Printing, publications, postage, and shipping | $259 |
| Other expenses | $81,213 |
| Total expenses | $92,417 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,864 |
| Other assets | $0 |
| Total assets | $21,361 |
| Total liabilities | $55 |
| Net assets or fund balances | $21,306 |