Black Achievers Inc is located in Cincinnati, OH. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Black Achievers 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 12/2021, Black Achievers Inc generated $369.1k in total revenue. All expenses for the organization totaled $100.3k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP YOUNG DISADVANTAGED PROFESSIONALS BUILD A BUSINESS OR ADVANCE THEIR CAREER THROUGH MENTORSHIP OR EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS ACADEMY TO TEACH YOUNG PROFESSIONALS HOW TO START A BUSINESS.
YOUTH MENTORING PROGRAM TO HELP HIGH SCHOOL AND COLLEGE STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Moore Executive Director | OfficerTrustee | 40 | $50,769 |
Leandre Mcfadgen Treasurer | Trustee | 1 | $0 |
David Iyoha Secretary | Trustee | 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 | $369,112 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $369,112 |
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 | $369,112 |
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. | $50,769 |
Compensation of current officers, directors, key employees. | $10,154 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,800 |
Pension plan accruals and contributions | $2,492 |
Other employee benefits | $0 |
Payroll taxes | $3,884 |
Fees for services: Management | $4,690 |
Fees for services: Legal | $789 |
Fees for services: Accounting | $259 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $14,416 |
Office expenses | $604 |
Information technology | $5,806 |
Royalties | $0 |
Occupancy | $594 |
Travel | $719 |
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 | $1,078 |
All other expenses | $0 |
Total functional expenses | $100,257 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $349,122 |
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 | $349,122 |
Accounts payable and accrued expenses | $11,521 |
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 | $11,521 |
Net assets without donor restrictions | $337,601 |
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 | $349,122 |
Over the last fiscal year, we have identified 6 grants that Black Achievers Inc has recieved totaling $190,000.
Awarding Organization | Amount |
---|---|
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $50,000 |
Main Street Ventures Cincinnati, OH PURPOSE: SEED FUNDING | $50,000 |
Interact For Health Cincinnati, OH PURPOSE: COMPETITIVE GRANT | $25,000 |
First Financial Foundation Cincinnati, OH PURPOSE: WORKFORCE DEVELOPMENT AND EDUCATION PROGRAM TO HELP THE UNDERSERVED COMMUNITIES IN CINCINNATI | $25,000 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH PURPOSE: REDUCING VACCINE DISTRUST | $25,000 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Pennsylvania State Education Association P S E A Harrisburg, PA | $182,856,842 | $77,031,675 |
Ohio Education Assn Columbus, OH | $181,547,317 | $62,723,391 |
Michigan Education Association East Lansing, MI | $91,378,134 | $59,426,267 |
Independent Colleges Of Indiana Inc Indianapolis, IN | $93,815,740 | $20,196,793 |
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
Ohio School Boards Association Columbus, OH | $19,022,558 | $9,269,056 |
South Carolina Center For Fathers And Families Cleveland, OH | $2,234,846 | $8,447,371 |
Ohio Society Of Certified Public Accountants Columbus, OH | $10,948,438 | $7,921,101 |
Charter School Of The Dunes Inc Gary, IN | $14,167,237 | $8,545,161 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Indiana Association For The Education Of Children Inc Indianapolis, IN | $1,546,703 | $6,038,887 |