Black Leaders Detroit is located in Detroit, MI. The organization was established in 2019. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. As of 12/2021, Black Leaders Detroit employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Leaders Detroit 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 12/2021, Black Leaders Detroit generated $814.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 55.8% each year . All expenses for the organization totaled $531.8k during the year ending 12/2021. While expenses have increased by 44.2% per year over the past 2 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
TO PROVIDE FINANCIAL SUPPORT FOR DIVERSE SOCIAL AND COMMUNITY IMPACT PROJECTS ORIGINATED AND LED BY DETROITERS OF AFRICAN DESCENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE INCLUDE PROVIDING FINANCIAL SUPPORT FOR UNDERFUNDED BUSINESS IN THE BLACK COMMUNITY. BLACK LEADERS DETROIT AWARDED 197,591 IN GRANTS TO 77 COMPANIES AND ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leslie D Dandridge CEO | Officer | 50 | $115,000 |
Kim Uhuru Board Chair | Officer | 10 | $0 |
Shannon Gaston Treasurer | Officer | 10 | $0 |
Quan Neloms Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $27,378 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $786,799 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $814,177 |
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 | $814,177 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $197,591 |
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 | $133,122 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,112 |
Payroll taxes | $10,589 |
Fees for services: Management | $85,327 |
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 | $38,778 |
Office expenses | $14,654 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,521 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,200 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,250 |
All other expenses | $34,635 |
Total functional expenses | $531,779 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $367,716 |
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 | $3,886 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $371,602 |
Accounts payable and accrued expenses | $193 |
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 | $193 |
Net assets without donor restrictions | $279,963 |
Net assets with donor restrictions | $91,446 |
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 | $371,602 |
Over the last fiscal year, we have identified 10 grants that Black Leaders Detroit has recieved totaling $387,350.
Awarding Organization | Amount |
---|---|
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $125,000 |
Pathways Foundation Farmington Hills, MI PURPOSE: GENERAL FUND | $75,000 |
Hudson-Webber Foundation Detroit, MI PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Max M & Marjorie S Fisher Foundation Inc Southfield, MI PURPOSE: BIZ LOAN PARTNERSHIP | $50,000 |
Max M & Marjorie S Fisher Foundation Inc Southfield, MI PURPOSE: BIZ LOAN PARTNERSHIP | $50,000 |
Patrice K Aaron Family Foundation Ann Arbor, MI PURPOSE: SUPPORT FOR ORGANIZATIONAL ACTIVITIES | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Wisconsin Cheese Makers Assn Inc Madison, WI | $3,729,320 | $1,150,566 |
Minority Contractor Collaboration Indianapolis, IN | $0 | $1,434,440 |
Midwest Urban Strategies Inc Milwaukee, WI | $446,167 | $1,287,282 |
Niba-The Belting Association Middleton, WI | $976,937 | $904,280 |
Ibew Local 17 Joint Lctt Advancement And Training Trust Fun Southfield, MI | $485,603 | $870,309 |
National Association Of Estate Planning Councils Cleveland, OH | $981,911 | $870,548 |
Farm Labor Organizing Committee Toledo, OH | $582,820 | $637,518 |
Black Leaders Detroit Detroit, MI | $371,602 | $814,177 |
Indiana Agribusiness Council Inc Indianapolis, IN | $436,032 | $514,501 |
Ohio Telecom Association Columbus, OH | $236,377 | $319,129 |
Indiana League Of Municipal Clerks & Treasurers Indianapolis, IN | $339,059 | $333,305 |
Sheet Metal Contractors Of Milwaukee Wauwatosa, WI | $102,387 | $271,038 |