Black Feminist Future Inc
- Assets
- $2.2m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 38
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2022
- EIN
- 86-3997174
Organization Overview
Black Feminist Future Inc is located in Atlanta, GA. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Black Feminist Future Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Feminist Future Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A POLITICAL HUB FOCUSED ON THE DYNAMIC POSSIBILITIES OF GALVANIZING THE SOCIAL AND POLITICAL POWER OF BLACK WOMEN, GIRLS, AND GENDER-EXPANSIVE PEOPLE TOWARDS LIBERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ACHIEVES IT MISSION BY BUILDING AND NOURISHING THE LEADERSHIP OF FIERCE BLACK FEMINISTS, FORTIFYING ALIGNED ORGANIZATIONS AND MOVEMENTS, AND SHIFTING CULTURAL NORMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paris Hatcher Executive Dir. | Officer | 40 | $125,000 |
Raven Freeborn President | OfficerTrustee | 5 | $0 |
Clarise Mccants Treasurer | OfficerTrustee | 5 | $0 |
Malachi Robinson Secretary | OfficerTrustee | 5 | $0 |
M Adams Director | Trustee | 2 | $0 |
Monifa Bandele Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $3,605,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,605,150 |
| Total Program Service Revenue | $500 |
| Investment income | $217 |
| 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 | $3,146 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,609,013 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,000 |
| Compensation of current officers, directors, key employees. | $53,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,012,604 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $249,698 |
| Payroll taxes | $98,097 |
| 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 | $824,570 |
| Advertising and promotion | $6,453 |
| Office expenses | $5,507 |
| Information technology | $81,499 |
| Royalties | $0 |
| Occupancy | $36,000 |
| Travel | $365,723 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $266 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,874 |
| All other expenses | $10,307 |
| Total functional expenses | $2,899,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,602,987 |
| Savings and temporary cash investments | $28 |
| Pledges and grants receivable | $552,787 |
| 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 | $8,743 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,500 |
| Total assets | $2,167,045 |
| Accounts payable and accrued expenses | $71,154 |
| 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 | $71,154 |
| Net assets without donor restrictions | $444,305 |
| Net assets with donor restrictions | $1,651,586 |
| 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 | $2,167,045 |