Overview
What is Better Brothers Los Angeles Corporation?
Better Brothers Los Angeles Corporation is a nonprofit organization based in Los Angeles, California. Established with a mission to empower and educate LGBTQ communities of color, it offers social and educational programs aimed at strengthening these communities. The organization provides services that enhance social well-being, psycho-social development, and improve the perception of LGBTQ individuals within their ethnic communities. By offering educational opportunities, Better Brothers Los Angeles Corporation aims to improve financial and health stability within these communities. Each year, they host the Truth Awards, an event that honors the contributions of the Black LGBTQ community and its allies, offering scholarships to LGBTQ youth in college and vocational programs. The Truth Awards attract around 400 attendees, garner national media attention, and reach over 1.5 million people on social media. Since 2020, the awards have been broadcast on the Fox Soul network, reaching its 44 million subscribers.
Is Better Brothers Los Angeles Corporation legitimate?
Better Brothers Los Angeles Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better Brothers Los Angeles Corporation submitted a form 990, 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.
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What is the mission statement of Better Brothers Los Angeles Corporation?
Better Brothers Los Angeles Corporation is dedicated to serving the LGBTQ communities of color by creating, implementing, and supporting social and educational programs. The primary objectives of these programs are to educate, inform, and strengthen these communities. By providing programming and support services, the corporation aims to enhance social well-being and psycho-social development, thereby improving the perception and interaction of LGBTQ individuals within their respective ethnic communities. Additionally, the corporation strives to increase financial and health opportunities through educational efforts, ultimately strengthening the stability of LGBTQ communities of color.
Who is the CEO of Better Brothers Los Angeles Corporation?
Vincent Holmes is the President of Better Brothers Los Angeles Corporation.
What is the revenue of Better Brothers Los Angeles Corporation?
Better Brothers Los Angeles Corporation's revenue in 2022 was $268,295.
Who are the executives of Better Brothers Los Angeles Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Better Brothers Los Angeles Corporation?
Better Brothers Los Angeles Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Better Brothers Los Angeles Corporation
Better Brothers Los Angeles Corporation is devoted to serving and empowering LGBTQ communities of color. Their mission is threefold. Firstly, they aim to develop and execute social and educational programs that educate, inform, and strengthen these communities. This objective is geared towards improving the understanding and interaction of LGBTQ individuals within their respective ethnic communities. Secondly, Better Brothers Los Angeles provides programming and support services that enhance the social well-being and psycho-social development of LGBTQ communities of color. This aspect of their mission is instrumental in improving the perception and interaction of LGBTQ individuals within their communities. Lastly, they strive to boost financial and health opportunities for these communities through educational initiatives that strengthen their stability. This holistic approach by Better Brothers Los Angeles Corporation is designed to uplift and empower LGBTQ communities of color.
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Impact
October, 2024
Better Brothers Los Angeles Corporation significantly enhances the lives of LGBTQ communities of color by implementing impactful social and educational programming. Through its initiatives, the organization provides vital support and resources that educate, inform, and strengthen these communities.
One of its key contributions is the facilitation of monthly virtual social events that allow members of the Black LGBTQ community to connect, network, and manage stress, especially in the context of pandemic-related challenges. These gatherings foster a sense of belonging and camaraderie, which is essential for mental well-being.
Additionally, the Truth Awards ceremony, established in 2015, serves as a crucial platform to celebrate and honor the contributions of the Black LGBTQ community and its allies. By highlighting their achievements, the awards not only recognize individual accomplishments but also help to reshape public perceptions and elevate the visibility of these communities.
Overall, Better Brothers Los Angeles Corporation plays a transformative role in building resilient networks and fostering empowerment within LGBTQ communities of color, driving social improvement through its dedicated programs and events.
This information is meant to be a general summary of Better Brothers Los Angeles Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4
- Gross Receipts: $268,295
Assets and Liabilities:
- Total Assets: $126,316
- Total Liabilities: $0
- Net Assets: $126,316
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Organization Details
Founding Year
2015
Phone
(818) 430-0114Principal Officer
Vincent Holmes
Main Address
PO Box 292260, Los Angeles, CA, 90029
NTEE Category
Code: S80 - Community improvement
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