Brotherhood Of Elders Network
- Assets
- $1.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 36-4857014
Organization Overview
Brotherhood Of Elders Network is located in Oakland, CA. The organization was established in 2017. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brotherhood Of Elders Network 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, Brotherhood Of Elders Network generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 44.4% each year . All expenses for the organization totaled $898.7k during the year ending 12/2022. While expenses have increased by 40.7% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BROTHERHOOD OF ELDERS NETWORK IS AN INTERGENERATIONAL NETWORK OF MEN OF AFRICAN ANCESTRY WHO FOSTER ENVIRONMENTS WHERE BLACK BOYS AND YOUNG MEN ARE EMPOWERED TO FLOURISH. WE ADVOCATE FOR MALES OF AFRICAN ANCESTRY FROM INFANCY TO ADULTHOOD. WE LEVERAGE OUR RESOURCES AND RELATIONSHIPS TO BENEFIT BLACK BOYS.WE MAINTAIN AND PRESERVE THE HEALTH AND WELLNESS OF OUR FAMILIES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BROTHERHOOD OF ELDERS NETWORK MADE SIGNIFICANT ACCOMPLISHMENTS ACROSS COMMUNITY ORGANIZING, HEALTH AND WELLNESS, AND YOUTH DEVELOPMENT. WE ORGANIZED A 2-YEAR CAPACITY BUILDING PROGRAM FOR 18 BLACK-LED BAY AREA ORGANIZATIONS. IN YEAR 1 WE HAVE A 100% SATISFACTION AND PARTICIPATION RATE. THROUGH OUR HEALING GENERATIONS PROGRAM WE HOSTED A FREE INTERGENERATIONAL HEALTH AND WELLNESS RETREAT FOR 35 BLACK MEN. WE LED GROUP ACTIVITIES AND WORKSHOPS THAT PROVIDED INFORMATION ON MENTAL AND PHYSICAL HEALTH AND WELLNESS. THROUGH OUR UBUNTU LEADERSHIP INSTITUTE WE SUCCESSFULLY COMPLETED OUR 1ST LEADERSHIP DEVELOPMENT COHORT WITH 15 YOUNG BLACK MEN. OVER THE COURSE OF 18 MONTHS THE PARTICIPANTS ATTENDED WEEKLY WORKSHOPS DESIGNED TO BUILD UP THEIR LEADERSHIP SKILLS, INCREASE THEIR SENSE OF SELF WORTH, AND PREPARE THEM TO BE COLLEGE AND CAREER READY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Hodge President & CEO | Officer | 40 | $0 |
Howard Pinderhughes Treasurer | Officer | 1 | $0 |
Abner Boles Co-Chair | Officer | 1 | $0 |
Jason Seals Co-Chair/ Sec. | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,235,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,247,920 |
| Total Program Service Revenue | $302,500 |
| 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 | $1,551,268 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,111 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $19,200 |
| Royalties | $0 |
| Occupancy | $11,501 |
| Travel | $4,056 |
| 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 | $1,927 |
| All other expenses | $144,353 |
| Total functional expenses | $898,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $860,060 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $400,000 |
| 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 | $1,260,060 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,260,060 |
| 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 | $1,260,060 |