Black Enterprise B R I D G E Foundation For The Advancement Of
- Assets
- $15.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chappaqua, NY
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 13-4353056
Organization Overview
Black Enterprise B R I D G E Foundation For The Advancement Of is located in Chappaqua, NY. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Enterprise B R I D G E Foundation For The Advancement Of 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, Black Enterprise B R I D G E Foundation For The Advancement Of generated $19.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $39.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (29.9%) per year over the past 7 years. 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 Program Activity:
Part 3
CHARITABLE & EDUCATIONAL SUPPORT FOR BLACK MALES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Graves Vice President | 0 | $0 | |
Roberta Daly Graves President&treas | 0 | $0 | |
Caroline Clarke Graves Vice Pres/sec | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $720 |
| Gain or Loss | $18,497 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,217 |
| 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 | $3,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $346 |
| Other expenses | $632 |
| Total expenses | $39,478 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,612 |
| Other assets | $0 |
| Total assets | $15,612 |
| Total liabilities | $11,500 |
| Net assets or fund balances | $4,112 |
Grants Awarded
Over the last fiscal year, Black Enterprise B R I D G E Foundation For The Advancement Of has awarded $458,953 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKLYN COLLEGE FOUNDAION PURPOSE: EDUCATION | $175,000 |
HARLEM TENNIS EDUC PROGRAM PURPOSE: EDUCATIONAL & SPORTS | $10,000 |
GLOBAL LANGUAGE PROJECT PURPOSE: EDUCATION | $10,000 |
MORGAN STATE UNIVERSITY FOUND PURPOSE: EDUCATION | $263,953 |