Blacks Family Foundation Inc
- Assets
- $119.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 07/2014
- Data as of
- 12/2018
- EIN
- 45-3589902
Organization Overview
Blacks Family Foundation Inc is located in Bethesda, MD. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blacks Family Foundation Inc 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 12/2018, Blacks Family Foundation Inc generated $26.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $56.7k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Black President | 5 | $0 | |
Jon Linck Vice President | 5 | $0 | |
Jennifer Larkin Treasurer | 5 | $0 | |
Thomas Mallory Buford Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,025 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,563 |
| Other Revenue | $0 |
| Total Revenue | $26,462 |
| 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 | $12,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,004 |
| Total expenses | $56,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,276 |
| Other assets | $0 |
| Total assets | $119,308 |
| Total liabilities | $6,756 |
| Net assets or fund balances | $112,552 |