Overview
What is Black Achievers Inc?
Black Achievers Inc is a nonprofit organization located in Cincinnati, Ohio, with a focus on empowering young, disadvantaged professionals. They offer an eight-week business academy multiple times a year, teaching essential business fundamentals such as business planning and accounting. The organization's mission is to assist these professionals in starting their own businesses or advancing their careers through mentorship, education, and technical assistance. With a small team of two dedicated individuals, Black Achievers Inc aims to provide workshops, training programs, and ongoing support, helping young professionals in their professional journeys.
Official website here: www.blackachiever.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
Black Achievers Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization excels in areas such as program expense ratio, with 73.42% of its funds directed towards programs, and has achieved a perfect score in constituent feedback and feedback collection practices. This performance highlights their commitment to transparency and effective community engagement.
The organization boasts a majority independent board, which enhances its governance and accountability, scoring 100% in this area. Additionally, it has no reported material diversion of assets and maintains proper documentation practices. However, while their Culture & Community score is commendable, there are notable areas for improvement regarding equity data and policies, as they scored low in these categories.
Overall, Black Achievers Inc demonstrates a strong commitment to its mission and community, as reflected in its high performance in financial accountability and stakeholder engagement. However, enhancing equity strategies and data collection could further strengthen its impact and effectiveness within the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Black Achievers Inc legitimate?
Black Achievers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Achievers Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $187,099
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.blackachiever.org
What is the mission statement of Black Achievers Inc?
Black Achievers Inc's mission is centered around assisting young, disadvantaged professionals. The organization strives to aid these individuals in either starting their own businesses or progressing in their careers. They accomplish this through various means, including workshops, training programs, and technical assistance. Specifically, they offer an 8-week course on business fundamentals, such as business planning and accounting, several times a year. The goal of Black Achievers Inc is to empower these young professionals, providing them with the necessary tools and knowledge to succeed in their chosen fields.
Official website here: www.blackachiever.org
Who is the CEO of Black Achievers Inc?
Michael Moore is the Executive Director of Black Achievers Inc.
Official website here: www.blackachiever.org
What is the revenue of Black Achievers Inc?
Black Achievers Inc's revenue in 2022 was $709,154.
Official website here: www.blackachiever.org
Who are the executives of Black Achievers Inc and what are their salaries?
The average compensation at Black Achievers Inc during 2022 was $93,550. There are 2 employees and 10 volunteers at Black Achievers Inc.
Here are 3 key members and their salaries:
- Compensation: $120,000
- Related: $0
- Other: $0
- Compensation: $67,099
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.blackachiever.org
Where can I find the form 990 for Black Achievers Inc?
Black Achievers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blackachiever.org
Learn more at the official website: www.blackachiever.org
Mission Statement of Black Achievers Inc
Black Achievers Inc is dedicated to assisting young professionals who face disadvantages in building their businesses or advancing their careers. This nonprofit organization achieves its mission through a variety of means, including workshops, training programs, and technical assistance. By offering these resources, Black Achievers Inc empowers these individuals to start their own businesses or progress in their careers.
One of their key initiatives is the Business Academy, an eight-week course that teaches young professionals the fundamentals of starting a business. Topics covered include business planning, accounting, and various other essential skills. This program is offered several times a year, providing ample opportunities for those seeking to improve their business acumen.
In summary, Black Achievers Inc is a nonprofit organization committed to supporting disadvantaged young professionals in their entrepreneurial or career endeavors. Through its workshops, training programs, and technical assistance, it equips them with the necessary skills and knowledge to start businesses or advance their careers, thereby fostering their personal growth and professional success.
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Impact
July, 2024
Black Achievers Inc's impact is significant in helping young disadvantaged professionals in Cincinnati, Ohio, build a business or advance their careers through mentorship and education. They run a Business Academy that offers an 8-week course multiple times per year, covering essential topics such as business fundamentals, business planning, and accounting. Through workshops, training programs, and technical assistance, Black Achievers Inc is empowering individuals to start businesses and progress in their careers, ultimately making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Black Achievers 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: $709,154
Assets and Liabilities:
- Total Assets: $745,888
- Total Liabilities: $10,000
- Net Assets: $735,888
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Organization Details
Founding Year
2020
Phone
(513) 400-5446Principal Officer
Michael Moore
Main Address
3157 Saffer St, Cincinnati, OH, 45211
Website
www.blackachiever.orgNTEE Category
Code: B03 - Education
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