Overview
What is Black Educators Committee Inc?
The Black Educators Committee Inc is a nonprofit organization that prioritizes education, offering financial assistance to students through scholarships. Their generosity extends to covering necessary supplies and expenses, as they allocated $10,000 for scholarships and spent $23,602 on related supplies. Additionally, the committee invests in their operations by spending on legal and professional services, insurance, advertising, telephone expenses, and bank charges, totalling $500, $460, $200, $207, and $40 respectively.
Is Black Educators Committee Inc legitimate?
Black Educators Committee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Educators Committee Inc 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.
What is the mission statement of Black Educators Committee Inc?
The Black Educators Committee Inc, in its mission, focuses on providing educational support to students. It accomplishes this by awarding scholarships and investing in necessary supplies, allocating a total of $13,602 in scholarships and $23,602 on supplies. Additionally, the committee expends funds on various operational expenses, including legal and professional services, insurance, advertising, telephone charges, and bank fees. While the specific details of their broader goals or vision are not provided, it is clear that the Black Educators Committee Inc is committed to helping students with their educational needs.
Who is the CEO of Black Educators Committee Inc?
Claretha Y Richardson is the President of Black Educators Committee Inc.
What is the revenue of Black Educators Committee Inc?
Black Educators Committee Inc's revenue in 2022 was $35,917.
Who are the executives of Black Educators Committee Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Black Educators Committee Inc?
Black Educators Committee Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Black Educators Committee Inc
The Black Educators Committee, a nonprofit organization, is committed to supporting the educational pursuits of students. It accomplishes this mission by providing scholarship funds, as well as covering various expenses and supplies related to their education. The committee's generosity extends to awarding a significant sum of $10,000 in scholarships annually. Furthermore, the organization invests substantially in educational resources, spending over $23,600 on supplies.
In addition to financial support, the Black Educators Committee also manages various operational expenses. These include legal and professional services, which are crucial for ensuring the organization operates efficiently and effectively. The committee sets aside $500 for these services. Additionally, it maintains insurance coverage, an essential safeguard for any nonprofit organization, spending $460 on this annually.
The Black Educators Committee also engages in promotional activities, investing $200 in advertising to spread awareness about its scholarship programs and other initiatives. The organization also manages its financial transactions, incurring $207 in telephone charges and $40 in bank fees. Overall, the Black Educators Committee is dedicated to providing educational opportunities and resources for students, demonstrating its unwavering commitment to academic success.
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Impact
August, 2024
Black Educators Committee Inc's impact is significant in providing educational scholarships, supplies, and financial assistance to students in need. By awarding $10,000 in scholarships and allocating $23,602 towards supplies, the organization directly contributes to furthering the education of underserved individuals. Additionally, the committee's allocation of funds towards legal services, insurance, advertising, telephone expenses, and bank charges demonstrates a commitment to ensuring the smooth operation of its educational support initiatives. Overall, Black Educators Committee Inc plays a crucial role in empowering students and fostering academic success within the community.
This information is meant to be a general summary of Black Educators Committee Inc. 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.
- Gross Receipts: $35,917
Assets and Liabilities:
- Total Assets: $2,462
- Total Liabilities: $0
- Net Assets: $2,462
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Organization Details
Principal Officer
Claretha Y Richardson
Main Address
6 CLAUROME PLACE, Freeport, NY, 11520
NTEE Category
Code: B12 - Education
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