Brothers Empowered To Teach Initiative
- Assets
- $535.8k
- Revenue
- $592.1k
- Investments
- $0.0
- Employees
- 8
- Location
- New Orleans, LA
- Founding
- 02/2017
- Data as of
- 06/2020
- EIN
- 46-4812536
Organization Overview
Brothers Empowered To Teach Initiative is located in New Orleans, LA. The organization was established in 2017. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2020, Brothers Empowered To Teach Initiative employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brothers Empowered To Teach Initiative 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 06/2020, Brothers Empowered To Teach Initiative generated $592.1k 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 (12.8%) each year. All expenses for the organization totaled $622.3k during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE OPPORTUNITIES AND EXAMPLES FOR UNDERSERVED, MARGINALIZED STUDENT POPULATIONS THROUGH THE INSPIRATION AND INCENTIVIZATION OF MEN OF COLOR THAT CHOOSE CAREERS WITHIN EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKING A DIFFERENCE REPRESENTATION WE RECRUIT PEOPLE OF COLOR--PARTICULARLY BLACK MEN--TO EXPLORE CAREERS IN EDUCATION, UTILIZING A FORMULA THAT TACKLES THE TWO KEY FACTORS THAT KEEP BLACK MEN FROM SUCH A PATH. AS MUCH AS ONE-THIRD OF COLLEGE-BOUND BLACK MEN WILL DROP OUT BY SOPHOMORE YEAR. OF THOSE WHO GO ON TO GRADUATE, THEY ARE NOT CONSIDERING THE TEACHER PROGRAMS THAT ARE AVAILABLE BECAUSE THEY DO NOT RESONATE WITH THEM AND THEY ARE TOO SHORT AND INSUFFICIENT IN PREPARING TEACHERS THAT ARE CULTURALLY COMPETENT AND CONTENT STRONG. WE HAVE TO CONCURRENTLY ATTACH THEM TO SCHOOL, WORKING WITH KIDS, AND TRAIN THEM TO BE INCREDIBLE TEACHERS.
STARTING WITH JUST 7 FELLOWS IN 2014 TO 40 PARTICIPANTS BETWEEN NEW ORLEANS AND BATON ROUGE IN 2017, THE BE2T FELLOWSHIP HAS STUDENTS WHO ATTEND COMMUNITY COLLEGES, HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, AND MAJORITY SCHOOLS THROUGH-OUT THE REGION. FELLOWS MAJOR IN A VARIETY OF DISCIPLINES WHETHER PRE-MED OR POLITICAL SCIENCE WHILE ALL HAVING A COMMON DESIRE TO WORK WITH KIDS AND HELP THEM ACHIEVE THEIR PERSONAL AND ACADEMIC GOALS.
MAKING A DIFFERENCE REPRESENTATION WE RECRUIT PEOPLE OF COLOR--PARTICULARLY BLACK MEN--TO EXPLORE CAREERS IN EDUCATION, UTILIZING A FORMULA THAT TACKLES THE TWO KEY FACTORS THAT KEEP BLACK MEN FROM SUCH A PATH. AS MUCH AS ONE-THIRD OF COLLEGE-BOUND BLACK MEN WILL DROP OUT BY SOPHOMORE YEAR. OF THOSE WHO GO ON TO GRADUATE, THEY ARE NOT CONSIDERING THE TEACHER PROGRAMS THAT ARE AVAILABLE BECAUSE THEY DO NOT RESONATE WITH THEM AND THEY ARE TOO SHORT AND INSUFFICIENT IN PREPARING TEACHERS THAT ARE CULTURALLY COMPETENT AND CONTENT STRONG. WE HAVE TO CONCURRENTLY ATTACH THEM TO SCHOOL, WORKING WITH KIDS, AND TRAIN THEM TO BE INCREDIBLE TEACHERS.
STARTING WITH JUST 7 FELLOWS IN 2014 TO 40 PARTICIPANTS BETWEEN NEW ORLEANS AND BATON ROUGE IN 2017, THE BE2T FELLOWSHIP HAS STUDENTS WHO ATTEND COMMUNITY COLLEGES, HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, AND MAJORITY SCHOOLS THROUGH-OUT THE REGION. FELLOWS MAJOR IN A VARIETY OF DISCIPLINES WHETHER PRE-MED OR POLITICAL SCIENCE WHILE ALL HAVING A COMMON DESIRE TO WORK WITH KIDS AND HELP THEM ACHIEVE THEIR PERSONAL AND ACADEMIC GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristyna Jones Chief Operating Officer | Officer | 50 | $75,192 |
Larry Irvin Jr Executive Director | Officer | 50 | $75,192 |
Blake Stanfill Secretary Treasurer | OfficerTrustee | 1 | $0 |
Greg Rattler Jr Board President | OfficerTrustee | 2 | $0 |
Timolynn Sams Sumter Member | Trustee | 1 | $0 |
Jesse Jones Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,879 |
| 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 | $592,074 |
| Statement of Expenses | |
|---|---|
| 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. | $150,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,699 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,181 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,691 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,380 |
| Advertising and promotion | $2,154 |
| Office expenses | $1,884 |
| Information technology | $5,413 |
| Royalties | $0 |
| Occupancy | $7,844 |
| Travel | $12,628 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,782 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $747 |
| All other expenses | $0 |
| Total functional expenses | $622,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,748 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $369,877 |
| Accounts receivable, net | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $120,213 |
| Total assets | $535,838 |
| Accounts payable and accrued expenses | $109,135 |
| 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 | $246,104 |
| Other liabilities | $0 |
| Total liabilities | $355,239 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $180,599 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Brothers Empowered To Teach Initiative has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
United Way Of Southeast Louisiana New Orleans, LA PURPOSE: GRANT FUNDING | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Texas Higher Education Authority Inc Arlington, TX | $1,018,646,765 | $26,983,231 |
University Of Louisiana Monroe Facilities Inc Monroe, LA | $82,040,215 | $15,012,687 |
Restore Education San Antonio, TX | $2,530,386 | $5,936,619 |
College Houses Austin, TX | $15,789,327 | $3,775,047 |
Books Between Kids Inc Houston, TX | $1,448,531 | $2,188,217 |
The Arkansas Tech University Facilities Development Foundation Russellville, AR | $53,685 | $105 |
Austin Partners In Education Austin, TX | $1,240,919 | $1,858,475 |
Health Occupations Students Of America Southlake, TX | $3,397,887 | $1,856,291 |
Collegiate Edu-Nation Roscoe, TX | $1,605,609 | $1,649,388 |
Sci-Tech Discovery Center Inc Frisco, TX | $1,024,000 | $1,631,074 |
Communities In Schools Of The Big Country Abilene, TX | $1,261,919 | $2,051,094 |
American Board Of Obgyn Educational Foundation Inc Dallas, TX | $3,548,102 | -$4,008,900 |