American Association Of Blacks In Energy is located in Gulfport, MS. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. American Association Of Blacks In Energy 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 12/2017, American Association Of Blacks In Energy generated $19.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $26.6k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
AWARDED SIX SCHOLARSHIPS IN THE AMOUNT OF $1,500.00 EACH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth Means President | 1 | $0 | |
Verdell Hawkins Vice President | 1 | $0 | |
Christina Hawkins Financial Secretary | 1 | $0 | |
Thyra Labat Secretary | 1 | $0 | |
Clinton Johnson Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,250 |
Total Program Service Revenue | $0 |
Membership dues | $2,325 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$8,606 |
Other Revenue | $0 |
Total Revenue | $18,969 |
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 | $2,290 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $105 |
Other expenses | $15,226 |
Total expenses | $26,621 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,835 |
Other assets | $0 |
Total assets | $25,835 |
Total liabilities | $0 |
Net assets or fund balances | $25,835 |