Civic Intelligence

One Hundred Black Men Inc

990 • Fiscal year 2020 • EIN 23-7379940

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 25, 2021

2601 Frederick Douglass BlvdNew York, NY 10030

(212) 777-7070

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.62x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

38th percentile

0.07x

Higher debt load relative to revenue than 38% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

56th percentile

8.3%

Higher net margin than 56% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

65th percentile

$92,002

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

98th percentile

367%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

246%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$394,585

Up $310,150 (+367%) from 2019

Net Assets

Up

$148,005

Up $315,207 (+189%) from 2019

Liabilities

Down

$246,580

Down $5,057 (-2.0%) from 2019

Revenue

Up

$3,414,787

Up $2,426,475 (+246%) from 2019

Expenses

Up

$3,132,178

Up $2,101,165 (+204%) from 2019

Net Income

Up

$282,609

Up $325,310 (+762%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $543,278Liabilities 2011: $201,112Net Assets 2011: $342,1662011Assets 2012: $560,440Liabilities 2012: $155,155Net Assets 2012: $405,2852012Assets 2013: $561,198Liabilities 2013: $141,490Net Assets 2013: $419,7082013Assets 2014: $716,233Liabilities 2014: $284,114Net Assets 2014: $432,1192014Assets 2015: $639,037Liabilities 2015: $135,763Net Assets 2015: $503,2742015Assets 2016: $294,151Liabilities 2016: $172,119Net Assets 2016: $122,0322016Assets 2017: $250,493Liabilities 2017: $269,553Net Assets 2017: -$19,0602017Assets 2018: $225,856Liabilities 2018: $231,835Net Assets 2018: -$5,9792018Assets 2019: $84,435Liabilities 2019: $251,637Net Assets 2019: -$167,2022019Assets 2020: $394,585Liabilities 2020: $246,580Net Assets 2020: $148,0052020Assets 2021: $1,621,629Liabilities 2021: $1,163,829Net Assets 2021: $457,8002021Assets 2022: $1,018,151Liabilities 2022: $275,570Net Assets 2022: $742,5812022Assets 2023: $920,296Liabilities 2023: $136,371Net Assets 2023: $783,9252023Assets 2024: $917,418Liabilities 2024: $247,039Net Assets 2024: $670,3792024

Highlighted filing

2020

Assets$394,585
Liabilities$246,580
Net Assets$148,005

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $685,1882011Expenses 2012: $944,6122012Revenue 2013: $959,541Expenses 2013: $945,118Net Income 2013: $14,4232013Revenue 2014: $769,902Expenses 2014: $757,491Net Income 2014: $12,4112014Revenue 2015: $914,958Expenses 2015: $923,217Net Income 2015: -$8,2592015Revenue 2016: $767,481Expenses 2016: $1,148,723Net Income 2016: -$381,2422016Revenue 2017: $814,644Expenses 2017: $889,730Net Income 2017: -$75,0862017Revenue 2018: $1,071,407Expenses 2018: $1,058,325Net Income 2018: $13,0822018Revenue 2019: $988,312Expenses 2019: $1,031,013Net Income 2019: -$42,7012019Revenue 2020: $3,414,787Expenses 2020: $3,132,178Net Income 2020: $282,6092020Revenue 2021: $1,558,078Expenses 2021: $1,355,838Net Income 2021: $202,2402021Revenue 2022: $2,557,329Expenses 2022: $2,184,181Net Income 2022: $373,1482022Revenue 2023: $2,004,474Expenses 2023: $1,963,129Net Income 2023: $41,3452023Revenue 2024: $1,294,661Expenses 2024: $1,408,207Net Income 2024: -$113,5462024

Highlighted filing

2020

Revenue$3,414,787
Expenses$3,132,178
Net Income$282,609
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 25, 2021
Return Version
2020v4.1
Gross Receipts
$3,414,787
Mission and Program Overview

Mission

Ohbm inc. Mission is to play a proactive role in leveraging our collective talent, ability & energy toward achieving meaningful gains in our low income communities. The organization's initiatives focus on education through mentoring, wealth building strategies, fostering economic development & raising awareness of health issues affecting our communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$16,891$208,396▲ $191,505
Cash and Non-Interest-Bearing Accounts$48,541$168,662▲ $120,121
Land, Buildings, and Equipment, Net$2,724$2,046▼ $678
Prepaid Expenses and Deferred Charges$0--
Total Assets$84,435$394,585▲ $310,150
Other Assets Total$16,279$15,481▼ $798
Liabilities
Accounts Payable and Accrued Expenses$76,922$140,454▲ $63,532
Deferred Revenue$60,925$55,018▼ $5,907
Other Liabilities$113,790$51,108▼ $62,682
Total Liabilities$251,637$246,580▼ $5,057
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-167,202$148,005▲ $315,207
Total Net Assets Fund Balance$-167,202$148,005▲ $315,207
Total Liabilities and Net Assets / Fund Balance$84,435$394,585▲ $310,150

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$58,419-$58,419
Leasehold Improvements$7,385-$7,385
Land$0--
Other Assets Org$99--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Courtney A BennettExecutive DirectorFT$92,002$92,002
Tyrone McKinney--$92,002$92,002

Board Members and Trustees

NameTitle
Aldrin K EnisPresident
Robert B Brown1st Vice President
Jermaine Huell2nd Vice President
Terrence Byerson3rd Vice President
Tyrone McKinney3rd Vice President
Bennie L Hadnott CPADirector
Bill HowellDirector
Darryl WilliamsDirector
Dwayne SampsonDirector
Horace BarkerDirector
James PetersonDirector
Lloyd DouglasDirector
Michael GarnerDirector
Nakiim BeyDirector
Paul BusbyDirector
Reginald L PittmanDirector
Reginald MillerDirector
Ruby CoombsDirector
William H Burgess IIIDirector
Clarence Smith Jr EsqGeneral Counsel
Frederick E Davis Jr CPA EsqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,414,783
Program Service Revenue
$0
Investment Income
$4
Other Revenue
$0
All Other Contributions
$2,414,245
Change in Net Assets
$282,609

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,414,786
Total Revenue per Audited Statements
$3,414,786
Total Revenue per Form 990
$3,414,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,046,418
Other Expenses$836,506
Total Fundraising Expense$268,183
Salaries, Compensation, and Employee Benefits$172,254
Professional Fundraising Fees$77,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,046,418--$2,046,418
Current Officers, Directors, Trustees, and Key Employees$36,801$55,201$0$92,002
Fees for Services Professional Fundraising--$77,000$77,000
Occupancy$43,378$21,365$0$64,743
Other Salaries and Wages$18,300$27,450$0$45,750
Office Expenses$36,975$4,148$0$41,123
All Other Expenses$26,271$12,999$0$39,270
Fees for Services Accounting$19,352$16,952$0$36,304
Payroll Taxes$13,801$20,701$0$34,502
Other Expenses$0$7,093$21,278$28,371
Insurance$7,097$789$0$7,886
Depreciation Depletion$0$3,076$0$3,076
Travel$1,699$837$0$2,536
Total Functional Expenses$2,693,307$170,688$268,183$3,132,178

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,132,178
Total Expenses per Audited Statements$3,132,178
Total Expenses per Form 990$3,132,178
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$77,000

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Benefit$712,120$712,120$89,887$622,233
Golf Outing$73,307$73,307$9,031$64,276
Total Events$785,427$785,427$311,547$473,880
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$51,108
Line of Credit$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
One Hundred Black Men Inc
EIN
23-7379940
Phone
2127777070
Address
2601 FREDERICK DOUGLASS BLVD, NEW YORK, NY 10030

Signing Officer

Name
Frederick E Davis Jr
Title
Treasurer
Phone
2127777070
Signed
2021-10-25
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
2
Volunteers
150

Preparer

Firm
Floyd D Townsend & Associates
Address
211 WARREN ST, NEWARK, NJ 07103
Preparer
Floyd Townsend
Phone
9736488088
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Some members have internal business relationships which does not conflict with the organization's interest.

Pt VI, Line 6

The organization is a membership based organization.

Pt VI, Line 7A

The organization has members who may elect one or more members to the governing body. Election of officers and members of the board takes place at an annual meeting of the organization. Election is by majority vote. Upon election, officers and members of the board take possession of their offices immediately.

Pt VI, Line 11B

The Form 990 is reviewed by the organization's finance committee and accounting firm prior to a meeting of the entire board. At the board meeting, the finance committee and accounting firm review the Form 990 section by section, line by line, and will entertain questions from the board members and will recommend to the board members whether or not the 990 should be filed as it is. As part of the presentation, the finance committee will make recommendations regarding governance, policies, disclosures, and other matters.

Pt VI, Line 12C

The organization's conflict of interest policies are monitored on an ongoing basis. At each board meeting, members are requested to disclose whether they have any personal interest or conflict of interest in the matters being discussed.

Pt VI, Line 15A

The organization's executive search committee spells out the role and duties of key employees including the Executive Director. The executive committee searches for appropriate candidates and handles the interview process. Compensation is negotiated and agreed upon based on the duties and the role of the prospective employee, skills and experience of the person, market conditions and comparable salaries in the market for a similar position. All members of the executive search committee are independent board members.

Pt VI, Line 19

The By-Laws of the organization are available to the public upon request. Financial Statements are available on the NYS Charities Department's website. The public can also access the organization's Form 990 on the NYS Attorney General's website.

Pt VI, Line 15B

The organization's executive search committee spells out the role and duties of key employees including the Executive Director. The executive committee searches for appropriate candidates and handles the interview process. Compensation is negotiated and agreed upon based on the duties and the role of the prospective employee, skills and experience of the person, market conditions and comparable salaries in the market for a similar position. All members of the executive search committee are independent board members.

Pt III, Line 2

In 2020, OHBM of New York partnered with Moet-Hennessy USA to provide grants to help Black, Latinx, and Asian small businesses adversely impacted by the COVID-19 pandemic, sustain their businesses. Through the "Unfinished Business" program grants ranging from $1,500 to $10,000 were awarded to nearly 1,000 businesses in 400 cities/towns in 40 US states totaling over $1,500,000.

Form 990, Part III, Line 4D

Hunger Relief Program 353379. 0. 353379.

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IRS990/Form990PartVIISectionAGrp/PersonNm3Terrence Byerson
IRS990/Form990PartVIISectionAGrp/PersonNm4Clarence Smith Jr Esq
IRS990/Form990PartVIISectionAGrp/PersonNm5Frederick E Davis Jr CPA Esq
IRS990/Form990PartVIISectionAGrp/PersonNm6Courtney A Bennett
IRS990/Form990PartVIISectionAGrp/PersonNm7Ruby Coombs
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IRS990/Form990PartVIISectionAGrp/PersonNm11Michael Garner
IRS990/Form990PartVIISectionAGrp/PersonNm12William H Burgess III
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt11st Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt22nd Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt33rd Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4General Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt213rd Vice President
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IRS990/LegalDomicileStateCd0NY
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0OHBM INC. MISSION IS TO PLAY A PROACTIVE ROLE IN LEVERAGING OUR COLLECTIVE TALENT, ABILITY & ENERGY TOWARD ACHIEVING MEANINGFUL GAINS IN OUR LOW INCOME COMMUNITIES. THE ORGANIZATION'S INITIATIVES FOCUS ON EDUCATION THROUGH MENTORING, WEALTH BUILDING STRATEGIES, FOSTERING ECONOMIC DEVELOPMENT & RAISING AWARENESS OF HEALTH ISSUES AFFECTING OUR COMMUNITIES.
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IRS990/OtherExpensesGrp/Desc0Other Direct Program Expenses
IRS990/OtherExpensesGrp/Desc1Annual awareness & banquet
IRS990/OtherExpensesGrp/Desc2Office Equipment, rental & maintenance
IRS990/OtherExpensesGrp/Desc3Golf Outing
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IRS990/OtherExpensesGrp/FundraisingAmt20
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Aldrin K Enis
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IRS990/ProgSrvcAccomActy2Grp/Desc0COVID-19 Relief Efforts: OHBM of New York supported healthcare workers, first responders, and hungry New Yorkers by providing 16,000 cooked meals to hospitals, churches and community programs throughout the city. In addition, we distributed over 60,000 personal protective equipment(PPE) items in communities experiencing the greatest need during the pandemic.
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IRS990/ProgSrvcAccomActy3Grp/Desc0NFL Scholarship Program: For over 31 years, OHBM has provided scholarships to high school seniors who have been accepted into accredited colleges or universities, based on academic performance, SAT scores, and community services. In 2020 we partnered with National Football League (NFL) to provie scholarships of about $4,000 to about 20 college students.
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IRS990/ProgSrvcAccomActy3Grp/GrantAmt080000
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Hunger Relief Program Jr 100 Mentorship Programs Health & Wellness BENYC-Entrepreneurial Program Census Grant 2020 Program Freedom Squad Program Back to School Program
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0756066
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0717350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0600267
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0600071
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0855375
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0232239
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0214370

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.25$0.67$1.29$1.41$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.92$0.14$0.78$2.00$1.96$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.28$0.74$2.56$2.18$0.37
2021Detailed filing. Detailed filing data is available for this year.$1.62$1.16$0.46$1.56$1.36$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.25$0.15$3.41$3.13$0.28
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.25$0.17$0.99$1.03$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.23$0.01$1.07$1.06$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.27$0.02$0.81$0.89$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.17$0.12$0.77$1.15$0.38
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.14$0.50$0.91$0.92$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.28$0.43$0.77$0.76$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.56$0.14$0.42$0.96$0.95$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.16$0.41$0.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.20$0.34$0.69