100 Black Men Of Greater Charlotte Inc
- Assets
- $335.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 11/1993
- Data as of
- 06/2024
- EIN
- 56-1795371
Organization Overview
100 Black Men Of Greater Charlotte Inc is located in Charlotte, NC. The organization was established in 1993. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, 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. 100 Black Men Of Greater Charlotte 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 06/2024, 100 Black Men Of Greater Charlotte Inc generated $143.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $211.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 8 years. 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
2024
Describe the Organization's Program Activity:
Part 3
INCREASE THE QUALITY OF LIFE THROUGH MENTORING PROGRAMS GRANTING SCHOLARSHIPS AND MONITORING AWARDEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Means Chairman | 0 | $0 | |
Edwin Terry Treasurer | 0 | $0 | |
C Duvale Murchison Member | 0 | $0 | |
Robert Taylor Member | 0 | $0 | |
James Dunham Secretary | 0 | $0 | |
Charles Walker Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,817 |
| Total Program Service Revenue | $4,750 |
| Membership dues | $44,080 |
| Investment income | $2,435 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,082 |
| 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 | $40,786 |
| Occupancy, rent, utilities, and maintenance | $13,288 |
| Printing, publications, postage, and shipping | $6,211 |
| Other expenses | $150,683 |
| Total expenses | $210,968 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $334,972 |
| Other assets | $0 |
| Total assets | $334,972 |
| Total liabilities | $0 |
| Net assets or fund balances | $334,972 |