Blacks Of The Chesapeake Foundation Inc
- Assets
- $109.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 04/2002
- Data as of
- 04/2023
- EIN
- 52-2278700
Organization Overview
Blacks Of The Chesapeake Foundation Inc is located in Annapolis, MD. The organization was established in 2002. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Blacks Of The Chesapeake 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 04/2023, Blacks Of The Chesapeake Foundation Inc generated $157.0k in total revenue. All expenses for the organization totaled $51.6k during the year ending 04/2023. While expenses have increased by 136.6% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent O Leggett President & CEO | 20 | $0 | |
Carnelius Jones Vice President | 4 | $0 | |
Sandra Chapman Secretary | 1 | $0 | |
Reginald Irby Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,890 |
| Total Program Service Revenue | $663 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,519 |
| Other Revenue | $0 |
| Total Revenue | $157,034 |
| 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 | $22,730 |
| Occupancy, rent, utilities, and maintenance | $11,540 |
| Printing, publications, postage, and shipping | $2,451 |
| Other expenses | $13,628 |
| Total expenses | $51,569 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,435 |
| Other assets | $0 |
| Total assets | $109,837 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,837 |