Mbk Clt-mecklenburg Aka My Brother's Keeper
Nonprofit profile at a glance
- EIN
- 853271495
- IRS 990-EZ coverage
- 2020–2022
- Forms available
- Form 990 2021, Form 990-EZ 2022
- Location
- Charlotte, NC, USA
- Phone
- 7047166200
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $148,681
- Expenses
- $218,641
- Assets
- $116,405
- Liabilities
- $131,058
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- RICKY SINGH (EXECUTIVE DIRECTOR BEGIN JUNE 2023)
- DON THOMAS (EXECUTIVE DIRECTOR THRU OCT 2022)
People named in this filing
- FRANK BARNES (DIRECTOR)
- KEITH COCKRELL (DIRECTOR)
- MARK JARRELL (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
My brother's keeper charlotte-mecklenburg (mbk-clt meck) is committed to improving outcomes for boys and young men of color by serving as the backbone organization of a collective impact effort.
What it reported doing in 2022
My brother's keeper initiative was launched in february 2014 by former president obama in response to the persistent opportunity gaps faced by boys and young men of color across our nation. Many cities, towns, and tribal governments have risen to the call to action as local mbk chapters to ensure all young people can reach their full potential. Mbkcltmeck is a collective impact organization founded by men of color that utilizes a collective impact model to address the inequities of boys of color. Our collective impact approach takes into account a "root-cause analysis and addresses the need for a result based accountability structure by asking key questions for proven best practices that drive impact. The key challenge in securing transformative outcomes for our boys and young men of color (bymoc) is developing a process that allows us to be both "short-term responsive and long-term strategic". We seek to create a systems approach that facilitates collective impact through collective action. The mbk-clt meck framework is targeted in its strategy and universal in its goal.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 100
- Sustainability: 14
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72%; rating input score 72
- Program expense ratio: 48.9%; rating input score 49
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -47.1%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 1.13; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 25.9%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: -8.2% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: 17.3% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 35.7% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 72% of revenue deployed · 48.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $107K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2020 to 2022
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 14/100.