Black Men Teach is located in Saint Paul, MN. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Black Men Teach employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Men Teach 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 06/2023, Black Men Teach generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $1.2m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BLACK MEN TEACH (BMT) RECRUITS, PREPARES, PLACES, AND RETAINS BLACK MALE TEACHERS IN ELEMENTARY SCHOOLS BY BUILDING A ROBUST PATHWAY TO THE TEACHING PROFESSION, BEGINNING IN HIGH SCHOOL AND CONTINUING TO SUPPORT MEN THROUGH COLLEGE AND INTO THEIR TEACHING CAREER. BMT BEGAN IN 2018 BASED ON RESEARCH THAT TOLD US THAT A DIVERSE TEACHER CORPS IMPROVES STUDENT OUTCOMES FOR ALL CHILDREN, ESPECIALLY CHILDREN OF COLOR. BLACK STUDENTS IN ELEMENTARY SCHOOL WHO HAVE AT LEAST ONE BLACK MALE TEACHER ARE 29% LESS LIKELY TO DROP OUT OF SCHOOL. THOSE WHO HAVE TWO BLACK MALE TEACHERS ARE 32% MORE LIKELY TO ENROLL IN POST-SECONDARY EDUCATION. SINCE ITS START IN 2018, BMT HAS GONE FROM A START-UP, TO SERVING 12 BLACK MEN IN 2020, 42 IN 2021 AND 63 IN 2022. TO SUPPORT OUR RAPID RAMP UP IN PROGRAMMING, OUR STAFFING AND BUDGETED SPEND ARE RAMPING UP. WE ARE DEVELOPING A COALITION OF SCHOOLS, SCHOOL DISTRICTS, TEACHER TRAINING AND SCHOLARSHIP PROGRAMS, AND COMMUNITY ORGANIZATIONS TO ACHIEVE THIS OBJECTIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT LOAN REPAYMENT PROGRAM (SLRP). MOST TEACHERS GRADUATE SCHOOL WITH STUDENT LOAN DEBT, AND BLACK MEN HAVE SIGNIFICANTLY MORE DEBT THAN THEIR WHITE COUNTERPARTS. THIS BURDEN OFTEN LEADS MEN TO LEAVE THE PROFESSION. SLRP PAYS OFF THE PRINCIPAL AMOUNT OF STUDENT DEBT HELD BY PRACTICING TEACHERS OVER A FIVE-YEAR PERIOD. FOR FISCAL 2023 FIFTEEN MEN WERE DIRECTLY SUPPORTED BY THIS PROGRAM AND APPROXIMATELY 390 ELEMENTARY SCHOOL STUDENTS BENEFITED FROM THEM REMAINING IN THE CLASSROOM.
THIS BEING THE THIRD FULL YEAR OF BLACK MEN TEACH WITH AN EXECUTIVE DIRECTOR AND PAID STAFF, MUCH OF OUR PROGRAM EXPENSE WAS FOCUSED ON STAFF TIME ACQUIRING PARTNERSHIPS WITH ELEMENTARY SCHOOLS, SCHOLARSHIP PROGRAMS AND TEACHER TRAINING PROGRAMS, AS WELL AS ON-CAMPUS MEETINGS WITH POTENTIAL TEACHER CANDIDATES, TEACHING HIGH SCHOOL CLASSES INTRODUCING SENIORS TO TEACHING AS A CAREER, AND MUCH MORE. IN ADDITION TO GRANTS IN THE THREE PRIMARY SERVICE AREAS, OTHER GRANTS INCLUDED FOR MEN OBTAINING THEIR TEACHER LICENSE THROUGH AN ALTERNATIVE CERTIFICATION PROGRAM AND TO LEADERSHIP/INSTRUCTIONAL COACHES.
STUDENT TEACHING STIPEND - STUDENT TEACHING, REQUIRED TO EARN A DEGREE AND BECOME A LICENSED TEACHER, IS A SIGNIFICANT FINANCIAL BURDEN FOR STUDENTS. BECAUSE THIS ACTIVITY IS FULL TIME, FOR A PERIOD OF 12 TO 16 WEEKS, IT PRECLUDES THE STUDENT FROM EARNING OUTSIDE INCOME FROM A FULL OR PART TIME JOB. THEREFORE, MANY STUDENTS LEAVE THE TEACHING TRACK AT THIS LATE STAGE BECAUSE OF THIS BURDEN. BMT ASSISTS ITS TEACHING CANDIDATES BY PROVIDING A STIPEND DURING THIS PART OF THEIR EDUCATION. IN FISCAL 2023, FIVE STUDENT TEACHERS BENEFITED FROM THIS PROGRAM AS DID APPROXIMATELY 100 ELEMENTARY SCHOOL STUDENTS WHO WERE EXPOSED TO A BLACK MALE TEACHER.
SCHOLARSHIPS-IN AN EFFORT TO OFFSET THE FINANCIAL BURDEN THEIR EDUCATION, BLACK MEN TEACH OFFERS UP TO $20,000 SCHOLARSHIPS TO ITS PARTICIPANTS. THESE SCHOLARSHIPS ARE PROVIDED TO MEN WHO ARE ACTIVE PARTICIPANTS IN OUR PROGRAM AND ARE PAID AT AN ACCELERATED RATE OVER FOUR YEARS. THE SCHOLARSHIPS ARE $2,000 DURING THE FRESHMAN YEAR, $4,000 DURING THE SOPHOMORE YEAR, $6,000 DURING THE JUNIOR YEAR AND $8,000 DURING THE SENIOR YEAR. TO QUALIFY, STUDENTS PROVIDE BMT WITH TRANSCRIPTS, CONFIRMING THEIR CLASS STATUS, CURRENT COURSE SCHEDULES, ACADEMIC CREDITS AND FEE STATEMENTS. BMT OFFERS THESE AS "LAST DOLLAR" SCHOLARSHIPS. IN THE FISCAL 2023, FIFTEEN RECEIVED SCHOLARSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Markus Flynn Executive Director | Officer | 40 | $133,793 |
Virginia Arthur Director | Trustee | 1 | $0 |
Josh Crosson Director | Trustee | 1 | $0 |
Michael Goar Director | Trustee | 1 | $0 |
Peter Hutchinson Director | Trustee | 2 | $0 |
Mark Irvin Director And Vice Chair | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $467,206 |
All other contributions, gifts, grants, and similar amounts not included above | $1,633,515 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,100,721 |
Total Program Service Revenue | $0 |
Investment income | $89,241 |
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 | $2,189,962 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $548,123 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $152,602 |
Compensation of current officers, directors, key employees. | $15,261 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $219,050 |
Pension plan accruals and contributions | $13,148 |
Other employee benefits | $24,333 |
Payroll taxes | $32,945 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $38,286 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $121,020 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $12,224 |
Office expenses | $15,540 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,498 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,597 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,064 |
All other expenses | $0 |
Total functional expenses | $1,197,873 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $64,754 |
Savings and temporary cash investments | $3,102,826 |
Pledges and grants receivable | $867,921 |
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 | $28,338 |
Net Land, buildings, and equipment | $15,807 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,079,646 |
Accounts payable and accrued expenses | $55,293 |
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 | $55,293 |
Net assets without donor restrictions | $2,790,123 |
Net assets with donor restrictions | $1,234,230 |
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 | $4,079,646 |