National Black Empowerment Council Inc
- Assets
- $0.0
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2023
- EIN
- 85-2013903
Organization Overview
National Black Empowerment Council Inc, operating under the name Nbec, is located in Atlanta, GA. As of 12/2023, Nbec employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nbec 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 12/2023, Nbec generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 47.6% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL BLACK EMPOWERMENT COUNCILS (NBEC) MISSION IS TO EMPOWER LEADERS TO WORK TOGETHER STRATEGICALLY TO CLOSE THE SYSTEMIC WEALTH, INFLUENCE, AND ACHIEVEMENT GAPS BETWEEN AFRICAN AMERICANS AND MORE STRUCTURALLY ADVANTAGED GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR COALITION EFFORTS ARE CENTERED ON ESTABLISHING RELATIONSHIPS AND FOSTERING COLLABORATION BETWEEN EMERGING LEADERS ACROSS COMMUNITIES. BRIDGING DIVIDES PROMOTES MUTUAL UNDERSTANDING, COLLECTIVE PROGRESS, AND REINVIGORATES HISTORICAL ALLIANCES. THROUGH STRATEGIC PARTNERSHIPS, ADVOCACY EFFORTS, AND COMMUNITY ENGAGEMENT INITIATIVES, WE STRIVE TO CREATE SPACES WHERE INDIVIUALS AND ORGANIZATIONS CAN COME TOGETHER TO ADDRESS SHARED CHALLENGES, PURSUE COMMON GOALS AND CONTRIBUTE TO THE CIVIL SOCIETY.
IN ADDITION TO THE THREE PROGRAMS DESCIBED ABOVE THE ORGANIZATIONS ALSO CONTINUED SERVICE THROUGH ADDITIONAL PROGRAMING SUCH AS UJA, ARTS AS AN ASSET, FOOD INEQUITY, SMALL BUSINESS PROGRAM, DIGITAL DIVIDE, DRONE CADETS, CORPORATE BOARD PROGRAM, AND FINANCIAL LITERACY PROGRAMS.
OUR AIM AT NBEC IS TO INCREASE AFRICAN AMERICAN FINANCIAL LITERACY, EMPOWER ENTREPREPRENEURS, AND ELEVATE BLACK LEADERS INTO CORPORTE GOVERANCE. ADDITIONALLY, WE WORK WITH INDUSTRIES, INSTITUTIONS, AND STRATEGIC PARTNERS WHO ARE COMMITTED TO EQUITY FOR AFRICAN AMERICANS
CONTINUALLY IMPROVING PRIMARY, SECONDARY, AND HIGHER EDUCATION IN THIS COUNTRY IS A TOP PRIORITY OF THE NATIONAL BLACK EMPOWERMENT COUNCIL. ENSURING THAT BLACK CHILDREN AND FAMILIES HAVE A FULL COMPLEMENT OF SCHOOLING OPTIONS AVAILABLE TO THEM AS WELL IS IMPORTANT. TOWARD BOTH THESE ENDS, WE CREATE PROGRAMS, WORK WITH PARTNERS, AND ENGAGE OUR NETWORK TO HELP EMPOWER OUR YOUTH AND AFRICAN AMERICAN SERVING INSTITUTIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anton Gunn Chairman | Officer | 1 | $0 |
Deanna Hamilton Vice Chairwoman | Officer | 1 | $0 |
Darlene Wilson Treasurer | Officer | 1 | $0 |
John Henry Secretary | Officer | 1 | $0 |
Chrissy Roussell Director | Officer | 1 | $0 |
Damon Brown Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,254,663 |
| 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 | $2,254,663 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $440,379 |
| Compensation of current officers, directors, key employees. | $109,933 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $424 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $57,914 |
| Payroll taxes | $123,756 |
| Fees for services: Management | $102,481 |
| Fees for services: Legal | $27,154 |
| Fees for services: Accounting | $41,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,574 |
| Office expenses | $13,369 |
| Information technology | $53,499 |
| Royalties | $0 |
| Occupancy | $47,121 |
| Travel | $402,581 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $525,874 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,419 |
| All other expenses | $0 |
| Total functional expenses | $1,857,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |