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100 Black Men Of Austin

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462131343 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is 100 Black Men Of Austin?

100 Black Men of Austin is a nonprofit organization situated in Austin, Texas, committed to supporting and mentoring underserved youth in the area. Through their initiatives, they offer financial literacy training in the form of stock market education, culminating in a national competition where participants can earn stipends and awards. Besides this, the organization distributes books to 200 teachers for classroom use and provides 700 children with books to establish personal libraries at home, as part of their Cultural Competency Initiative. In essence, 100 Black Men of Austin empowers youth and educators by fostering financial knowledge and promoting literacy.


Official website here: www.100blackmenaustin.org

Is 100 Black Men Of Austin legitimate?

100 Black Men Of Austin is a legitimate nonprofit organization registered as a 501(c)(3) entity. 100 Black Men Of Austin submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.100blackmenaustin.org

What is the mission statement of 100 Black Men Of Austin?

The mission of 100 Black Men of Austin, as stated, is centered around mentoring and providing resources to underprivileged youth. The organization aims to equip these young individuals with financial literacy skills, as evidenced by their stock market training program. This initiative rewarded participating students with stipends and awards for their performance in a national pitch competition. Additionally, the organization extends its reach to teachers by providing them with books for their classrooms. Furthermore, through its Cultural Competency Initiative, over 700 children receive books to establish personal home libraries, fostering a love for reading and knowledge.


Official website here: www.100blackmenaustin.org

Who is the CEO of 100 Black Men Of Austin?

Karl Spencer is the President of 100 Black Men Of Austin.


Official website here: www.100blackmenaustin.org

What is the revenue of 100 Black Men Of Austin?

100 Black Men Of Austin's revenue in 2022 was $69,290.


Official website here: www.100blackmenaustin.org

Who are the executives of 100 Black Men Of Austin and what are their salaries?


Here are 11 key members and their salaries:


Karl Spencer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Romaine Anglin (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Collier (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Nichols (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Settles (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Smith (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zee Edwin (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Llyas Salahud-Din (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Thomas (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Henry (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Hopkins (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.100blackmenaustin.org

Where can I find the form 990EZ for 100 Black Men Of Austin?

100 Black Men Of Austin's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.100blackmenaustin.org

Learn more at the official website: www.100blackmenaustin.org

Mission Statement of 100 Black Men Of Austin

The 100 Black Men of Austin is an organization that dedicates its efforts to mentoring and providing resources to underprivileged youth in Austin, Texas. At its core, its mission is to empower these young individuals through various initiatives. One such initiative involves offering financial literacy training in the stock market, a program that saw 52 students participating. These students were not only taught the intricacies of the stock market but also received stipends and awards as part of a national competition.

Beyond financial education, the 100 Black Men of Austin also focuses on enriching the educational experiences of teachers and students. Through its Cultural Competency Initiative, over 200 teachers received books for their classrooms, while more than 700 children were given books to establish personal libraries at home. This initiative aims to foster a love for reading and learning among the youth, thereby contributing to their overall development.

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Impact




August, 2024

100 Black Men of Austin's impact includes mentoring and providing resources to underserved youth in Austin, TX. The organization has successfully conducted stock market financial literacy training for 52 students, who also received stipends and awards for competing in the national stock market pitch. Additionally, over 200 teachers have received books for their classrooms, and more than 700 children have received books to take home in order to build their own home libraries through its Cultural Competency Initiative.




This information is meant to be a general summary of 100 Black Men Of Austin. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$69,290 (2022)
Expenses
$135,741 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $69,290

Assets and Liabilities:

  • Total Assets: $1,404
  • Total Liabilities: $0
  • Net Assets: $1,404

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Organization Details

Principal Officer

Karl Spencer

Main Address

PO BOX 6593, AUSTIN, TX, 787626593

NTEE Category

Code: A23 - Arts

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