The Virginia Peninsula Chapter of 100 Black Men of America Inc

Nonprofit profile at a glance

EIN
241621828
IRS 990-EZ coverage
2011–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Newport News, VA, USA
Phone
7572360022
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Recreational l Clubs

Official website

Reported finances

Revenue
$179,103
Expenses
$205,682
Assets
$271,265
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • KEN RICH (VICE PRESIDENT)
  • MARK HUDSON (VICE PRESIDENT - MENTORING)
  • ROBERT GARVIN (VICE PRESIDENT - MEMBERSHI)
  • DARREN SPENCER (PRESIDENT)

People named in this filing

  • KEN RICH (VICE PRESIDENT)
  • MARK HUDSON (VICE PRESIDENT - MENTORING)
  • ROBERT GARVIN (VICE PRESIDENT - MEMBERSHI)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the 100 black men of america, inc. Is to improve the quality of life within our communities and enhance education and economic opportunities for all african americans.

What it reported doing in 2024

Annual black tie gala - providing scholarship assistance for deserving student, present our mentees, role model of the year, trailblazer award, humanitarian award, member of the year, and scholarship recipients, who through their accomplishment and dedication represent what is positive and critical to the success of our community.

Operating model

Revenue model
Donor-supported. 95% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.7%; rating input score 91
  • Program expense ratio: 79%; rating input score 79

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -14.8%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 1.32; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 6.1% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 90.7% of revenue deployed · 79% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $163K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Sustainability: Operating margin scored 11/100.