Minnesota Association Of Black Lawyers Foundation
- Assets
- $392.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/2000
- Data as of
- 06/2023
- EIN
- 41-1902274
Organization Overview
Minnesota Association Of Black Lawyers Foundation is located in Minneapolis, MN. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Association Of Black Lawyers Foundation 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 06/2023, Minnesota Association Of Black Lawyers Foundation generated $146.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $137.4k during the year ending 06/2023. While expenses have increased by 5.3% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HELD ANNUAL GALA TO RECOGNIZE SCHOLARSHIP AWARD RECIPIENTS & PROMOTED NETWORKING OPPORTUNITIES FOR AFRICAN AMERICAN LAWYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Mithchell President | 15 | $0 | |
Uzodima Abo-Onu Past President | 15 | $0 | |
Abou Amara Vice President | 5 | $0 | |
Amanda Matchett Treasurer | 5 | $0 | |
Jules Porter Secretary | 5 | $0 | |
Sara Jane Baldwin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,988 |
| Total Program Service Revenue | $139,275 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $146,277 |
| 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 | $6,710 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $100,513 |
| Total expenses | $137,423 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $392,519 |
| Other assets | $0 |
| Total assets | $392,519 |
| Total liabilities | $980 |
| Net assets or fund balances | $391,539 |