Civic Intelligence

The Black Fives Foundation

EIN 46-1925488 • 501(c)3 • Greenwich, CT

Profile

The black fives foundation works to research, preserve, exhibit, and and promote the pre-1950 history of african americans in basketball to engage, teach, and inspire youth and others while honoring its pioneers and their descendants. We work with the pre-1950 history of african american basketball teams (the "black fives era") in order to: stimulate interest in history and the humanities, promote educational advancement, enrich appreciation of culture and the arts, encourage community-based youth programming, build fitness and health awareness, illuminate sports industry career opportunities, advocate for the recognition of the era's pioneers and their descendants, and, enable these efforts through innovative uses of technology as well as via traditional means.

15 East Putnam Ave 131Greenwich, CT 06830

www.blackfives.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.18x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-21%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

34th percentile

-15%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-37%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$167,933

Down $28,870 (-15%) from 2023

Liabilities

Down

$29,629

Down $3,943 (-12%) from 2023

Net Assets

Down

$138,304

Down $24,927 (-15%) from 2023

Revenue

Down

$120,168

Down $71,827 (-37%) from 2023

Expenses

Down

$145,095

Down $20,970 (-13%) from 2023

Net Income

Down

-$24,927

Down $50,857 (-196%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2013: $114,895Net Assets 2013: $114,8952013Assets 2014: $112,661Net Assets 2014: $112,6612014Assets 2015: $136,109Liabilities 2015: $19,147Net Assets 2015: $116,9622015Assets 2021: $139,613Liabilities 2021: $11,680Net Assets 2021: $127,9332021Assets 2022: $188,694Liabilities 2022: $51,393Net Assets 2022: $137,3012022Assets 2023: $196,803Liabilities 2023: $33,572Net Assets 2023: $163,2312023Assets 2024: $167,933Liabilities 2024: $29,629Net Assets 2024: $138,3042024

Highlighted filing

2024

Assets$167,933
Liabilities$29,629
Net Assets$138,304

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $117,365Expenses 2013: $2,470Net Income 2013: $114,8952013Revenue 2014: $17,605Expenses 2014: $19,839Net Income 2014: -$2,2342014Revenue 2015: $62,986Expenses 2015: $58,685Net Income 2015: $4,3012015Revenue 2021: $295,836Expenses 2021: $237,082Net Income 2021: $58,7542021Revenue 2022: $457,982Expenses 2022: $448,613Net Income 2022: $9,3692022Revenue 2023: $191,995Expenses 2023: $166,065Net Income 2023: $25,9302023Revenue 2024: $120,168Expenses 2024: $145,095Net Income 2024: -$24,9272024

Highlighted filing

2024

Revenue$120,168
Expenses$145,095
Net Income-$24,927

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$160,247
Mission and Program Overview

Mission

The black fives foundation works to research, preserve, exhibit, and and promote the pre-1950 history of african americans in basketball to engage, teach, and inspire youth and others while honoring its pioneers and their descendants. We work with the pre-1950 history of african american basketball teams (the "black fives era") in order to: stimulate interest in history and the humanities, promote educational advancement, enrich appreciation of culture and the arts, encourage community-based youth programming, build fitness and health awareness, illuminate sports industry career opportunities, advocate for the recognition of the era's pioneers and their descendants, and, enable these efforts through innovative uses of technology as well as via traditional means.

Program Services

DescriptionGrantsExpenses
1. EDUCATION & LEADERSHIP AMBASSADOR NIL PROGRAM - NEW IN 2024. - THE PARTNERSHIP WITH UCONN'S KAMOREA "KK" ARNOLD MARKS THE FOUNDATION'S FIRST FORMAL NIL (NAME, IMAGE, AND LIKENESS) COLLABORATION WITH A STUDENT- ATHLETE. - IT INTRODUCED STRUCTURED LEADERSHIP AND EDUCATION COMPONENT TIED TO THE BLACK FIVES ACADEMY, CREATING A NEW DIRECT LINK BETWEEN COLLEGIATE ATHLETES AND HISTORICAL EDUCATION. - NO NIL AMBASSADOR PROGRAM EXISTED IN 2022-2023. 2. NEW YORK RENS HARLEM COURT INSTALLATION (HOWARD BENNETT PLAYGROUND) - NEW IN 2024. - WHILE THE FOUNDATION HAS ORGANIZED EXHIBITIONS AND POP-UPS BEFORE, THIS WAS THE FIRST PERMANENT PUBLIC COURT INSTALLATION AND MURAL DEDICATED TO A BLACK FIVES TEAM. - EXECUTED IN PARTNERSHIP WITH NYC PARKS, SLAM, AND PUMA NEW PARTNER CONFIGURATION. - THIS IS ALSO THE FIRST BUILT-ENVIRONMENT HERITAGE PROJECT (PHYSICAL INFRASTRUCTURE, NOT JUST EXHIBITS). 3. RENAISSANCE CASINO PUBLIC HISTORICAL MARKER INITIATIVE - NEW MILESTONE ACHIEVED IN 2024. PRIOR ADVOCACY EXISTED FOR COMMEMORATING THE RENS HOME COURT, BUT 2024 MARKED THE FIRST FORMAL CIVIC APPROVAL (COMMUNITY BOARD 10 RESOLUTION) AN OFFICIAL PUBLIC-HISTORY STEP NOT PREVIOUSLY REACHED. 4. EXPANDED BROADCAST INTEGRATION AND EDUCATIONAL WEBINAR - THE BASKETBALL AND DANCE: THE BUSINESS OF BLACK FIVES BASKETBALL WEBINAR AND BROADER EDUCATIONAL ROLLOUT REPRESENTED AN EXPANDED (NEW-FORMAT) ELEMENT WITHIN THE ONGOING BIG EAST PARTNERSHIP. - PRIOR YEARS FEATURED GAME-DAY BRANDING AND IN-ARENA PSAS, BUT 2024 ADDED LIVE DIGITAL EDUCATION INTEGRATING HISTORY AND BUSINESS THEMES. THESE SESSIONS WERE STREAMED LIVE AND ARCHIVED, INTRODUCING A MULTIMEDIA EDUCATION COMPONENT. 5. BIG EAST THIRD-YEAR RENEWAL WITH 22 GAMES (LARGEST YET) - WHILE THE BIG EAST PARTNERSHIP BEGAN IN 2022, 2024 REPRESENTED THE LARGEST AND MOST VISIBLE EXECUTION: - 22 TOTAL GAMES (PREVIOUS YEARS HAD 1012). - ADDED UNIFORM LAPEL PINS COMMEMORATING THE NEW YORK RENS CENTENNIAL (19232023) A NEW SYMBOLIC ELEMENT. - INCLUSION OF WOMENS COACHES AND PLAYERS IN CONFERENCE-WIDE MESSAGING WAS MORE FORMALLY STRUCTURED THAN IN 2023. 6. SIGNIFICANT GROWTH IN NEWS COVERAGE (+128%) - WHILE NOT A PROGRAM PER SE, THE EARNED-MEDIA SURGE REPRESENTS NEW SCALE AND REACH: - FIRST YEAR WITH OVER 500 MAINSTREAM NEWS MENTIONS. - REFLECTS EXPANSION INTO NATIONAL TELEVISION, DIGITAL NEWS, AND UNIVERSITY MEDIA ECOSYSTEMS THAT WERE NOT AT COMPARABLE LEVELS IN 2023.-$68,222
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CLAUDE JOHNSONPresident, EFT$53,630-$53,630
CLAIRE FAYSecretary-$0--
MICHAEL KINGDirector-$0--
KEITH HOULEMARDDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Black Fives Foundation
EIN
46-1925488
Phone
2034938600
Address
15 EAST PUTNAM AVE 131, GREENWICH, CT 06830

Signing Officer

Name
Claude Johnson
Title
President, Exec Director
Phone
2034938600
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Brodeur & Company Cpas Pc
Address
10 SPRINGBROOK RD, OLD SAYBROOK, CT 06475
Preparer
Michael J Michaud
Phone
8603884627
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Access historical artifacts 25,000 access historical expertise 25,000 ct refund 2021 withholding 1,000 total 51,000

Form 990-ez, Part I, Line 16

Expenses promotion 6,383 bank charges 202 bookkeeping 6,257 books/subs/reference 63 computer & software 3,599 design/product mkt research 2,126 dues & memberships 2,349 education and training 3,000 historical databases 92 office expenses and supplies 1,494 research 127 website/online services 2,328 auto expense 5,576 meals 2,801 rental car/train 1,529 taxi & parking 1,808 travel & meetings 16,399 travel supplies 189 travel wifi 1,836 insurance - liability d & o 607 non-investment depreciation 556 total 59,321

Form 990-ez, Part II, Line 24

Inventories for sale or use 42,000 29,391 office/computer equipment 8,603 11,385 less accumulated depreciation 8,603 9,159 logo 166,070 167,755 less accumulated amortization 79,588 90,715 historical artifacts 33,118 33,118 funds reserved for ip acquistion 0 2,493 receivables due from officers 32,027 9,186 total 193,627 153,454

Form 990-ez, Part II, Line 26

Amex 33,055 17,067 payroll liabilities 517 7,456 loan from black fives properties inc 0 5,106

Form 990-ez, Part III

The black fives foundation works to research, preserve, exhibit, and and promote the pre-1950 history of african americans in basketball to engage, teach, and inspire youth and others while honoring its pioneers and their descendants. We work with the pre-1950 history of african american basketball teams (the "black fives era") in order to: stimulate interest in history and the humanities, promote educational advancement, enrich appreciation of culture and the arts, encourage community-based youth programming, build fitness and health awareness, illuminate sports industry career opportunities, advocate for the recognition of the era's pioneers and their descendants, and, enable these efforts through innovative uses of technology as well as via traditional means.

Form 990-ez, Part III, Line 28

1. Education & leadership ambassador nil program - new in 2024. - the partnership with uconn's kamorea "kk" arnold marks the foundation's first formal nil (name, image, and likeness) collaboration with a student- athlete. - it introduced structured leadership and education component tied to the black fives academy, creating a new direct link between collegiate athletes and historical education. - no nil ambassador program existed in 2022-2023. 2. New york rens harlem court installation (howard bennett playground) - new in 2024. - while the foundation has organized exhibitions and pop-ups before, this was the first permanent public court installation and mural dedicated to a black fives team. - executed in partnership with nyc parks, slam, and puma new partner configuration. - this is also the first built-environment heritage project (physical infrastructure, not just exhibits). 3. Renaissance casino public historical marker initiative - new milestone achieved in 2024. Prior advocacy existed for commemorating the rens home court, but 2024 marked the first formal civic approval (community board 10 resolution) an official public-history step not previously reached. 4. Expanded broadcast integration and educational webinar - the basketball and dance: the business of black fives basketball webinar and broader educational rollout represented an expanded (new-format) element within the ongoing big east partnership. - prior years featured game-day branding and in-arena psas, but 2024 added live digital education integrating history and business themes. These sessions were streamed live and archived, introducing a multimedia education component. 5. Big east third-year renewal with 22 games (largest yet) - while the big east partnership began in 2022, 2024 represented the largest and most visible execution: - 22 total games (previous years had 1012). - added uniform lapel pins commemorating the new york rens centennial (19232023) a new symbolic element. - inclusion of womens coaches and players in conference-wide messaging was more formally structured than in 2023. 6. Significant growth in news coverage (+128%) - while not a program per se, the earned-media surge represents new scale and reach: - first year with over 500 mainstream news mentions. - reflects expansion into national television, digital news, and university media ecosystems that were not at comparable levels in 2023.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCESS HISTORICAL ARTIFACTS 25,000 ACCESS HISTORICAL EXPERTISE 25,000 CT REFUND 2021 WITHHOLDING 1,000 TOTAL 51,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES PROMOTION 6,383 BANK CHARGES 202 BOOKKEEPING 6,257 BOOKS/SUBS/REFERENCE 63 COMPUTER & SOFTWARE 3,599 DESIGN/PRODUCT MKT RESEARCH 2,126 DUES & MEMBERSHIPS 2,349 EDUCATION AND TRAINING 3,000 HISTORICAL DATABASES 92 OFFICE EXPENSES AND SUPPLIES 1,494 RESEARCH 127 WEBSITE/ONLINE SERVICES 2,328 AUTO EXPENSE 5,576 MEALS 2,801 RENTAL CAR/TRAIN 1,529 TAXI & PARKING 1,808 TRAVEL & MEETINGS 16,399 TRAVEL SUPPLIES 189 TRAVEL WIFI 1,836 INSURANCE - LIABILITY D & O 607 NON-INVESTMENT DEPRECIATION 556 TOTAL 59,321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVENTORIES FOR SALE OR USE 42,000 29,391 OFFICE/COMPUTER EQUIPMENT 8,603 11,385 LESS ACCUMULATED DEPRECIATION 8,603 9,159 LOGO 166,070 167,755 LESS ACCUMULATED AMORTIZATION 79,588 90,715 HISTORICAL ARTIFACTS 33,118 33,118 FUNDS RESERVED FOR IP ACQUISTION 0 2,493 RECEIVABLES DUE FROM OFFICERS 32,027 9,186 TOTAL 193,627 153,454
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AMEX 33,055 17,067 PAYROLL LIABILITIES 517 7,456 LOAN FROM BLACK FIVES PROPERTIES INC 0 5,106
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BLACK FIVES FOUNDATION WORKS TO RESEARCH, PRESERVE, EXHIBIT, AND AND PROMOTE THE PRE-1950 HISTORY OF AFRICAN AMERICANS IN BASKETBALL TO ENGAGE, TEACH, AND INSPIRE YOUTH AND OTHERS WHILE HONORING ITS PIONEERS AND THEIR DESCENDANTS. WE WORK WITH THE PRE-1950 HISTORY OF AFRICAN AMERICAN BASKETBALL TEAMS (THE "BLACK FIVES ERA") IN ORDER TO: STIMULATE INTEREST IN HISTORY AND THE HUMANITIES, PROMOTE EDUCATIONAL ADVANCEMENT, ENRICH APPRECIATION OF CULTURE AND THE ARTS, ENCOURAGE COMMUNITY-BASED YOUTH PROGRAMMING, BUILD FITNESS AND HEALTH AWARENESS, ILLUMINATE SPORTS INDUSTRY CAREER OPPORTUNITIES, ADVOCATE FOR THE RECOGNITION OF THE ERA'S PIONEERS AND THEIR DESCENDANTS, AND, ENABLE THESE EFFORTS THROUGH INNOVATIVE USES OF TECHNOLOGY AS WELL AS VIA TRADITIONAL MEANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt51. EDUCATION & LEADERSHIP AMBASSADOR NIL PROGRAM - NEW IN 2024. - THE PARTNERSHIP WITH UCONN'S KAMOREA "KK" ARNOLD MARKS THE FOUNDATION'S FIRST FORMAL NIL (NAME, IMAGE, AND LIKENESS) COLLABORATION WITH A STUDENT- ATHLETE. - IT INTRODUCED STRUCTURED LEADERSHIP AND EDUCATION COMPONENT TIED TO THE BLACK FIVES ACADEMY, CREATING A NEW DIRECT LINK BETWEEN COLLEGIATE ATHLETES AND HISTORICAL EDUCATION. - NO NIL AMBASSADOR PROGRAM EXISTED IN 2022-2023. 2. NEW YORK RENS HARLEM COURT INSTALLATION (HOWARD BENNETT PLAYGROUND) - NEW IN 2024. - WHILE THE FOUNDATION HAS ORGANIZED EXHIBITIONS AND POP-UPS BEFORE, THIS WAS THE FIRST PERMANENT PUBLIC COURT INSTALLATION AND MURAL DEDICATED TO A BLACK FIVES TEAM. - EXECUTED IN PARTNERSHIP WITH NYC PARKS, SLAM, AND PUMA NEW PARTNER CONFIGURATION. - THIS IS ALSO THE FIRST BUILT-ENVIRONMENT HERITAGE PROJECT (PHYSICAL INFRASTRUCTURE, NOT JUST EXHIBITS). 3. RENAISSANCE CASINO PUBLIC HISTORICAL MARKER INITIATIVE - NEW MILESTONE ACHIEVED IN 2024. PRIOR ADVOCACY EXISTED FOR COMMEMORATING THE RENS HOME COURT, BUT 2024 MARKED THE FIRST FORMAL CIVIC APPROVAL (COMMUNITY BOARD 10 RESOLUTION) AN OFFICIAL PUBLIC-HISTORY STEP NOT PREVIOUSLY REACHED. 4. EXPANDED BROADCAST INTEGRATION AND EDUCATIONAL WEBINAR - THE BASKETBALL AND DANCE: THE BUSINESS OF BLACK FIVES BASKETBALL WEBINAR AND BROADER EDUCATIONAL ROLLOUT REPRESENTED AN EXPANDED (NEW-FORMAT) ELEMENT WITHIN THE ONGOING BIG EAST PARTNERSHIP. - PRIOR YEARS FEATURED GAME-DAY BRANDING AND IN-ARENA PSAS, BUT 2024 ADDED LIVE DIGITAL EDUCATION INTEGRATING HISTORY AND BUSINESS THEMES. THESE SESSIONS WERE STREAMED LIVE AND ARCHIVED, INTRODUCING A MULTIMEDIA EDUCATION COMPONENT. 5. BIG EAST THIRD-YEAR RENEWAL WITH 22 GAMES (LARGEST YET) - WHILE THE BIG EAST PARTNERSHIP BEGAN IN 2022, 2024 REPRESENTED THE LARGEST AND MOST VISIBLE EXECUTION: - 22 TOTAL GAMES (PREVIOUS YEARS HAD 1012). - ADDED UNIFORM LAPEL PINS COMMEMORATING THE NEW YORK RENS CENTENNIAL (19232023) A NEW SYMBOLIC ELEMENT. - INCLUSION OF WOMENS COACHES AND PLAYERS IN CONFERENCE-WIDE MESSAGING WAS MORE FORMALLY STRUCTURED THAN IN 2023. 6. SIGNIFICANT GROWTH IN NEWS COVERAGE (+128%) - WHILE NOT A PROGRAM PER SE, THE EARNED-MEDIA SURGE REPRESENTS NEW SCALE AND REACH: - FIRST YEAR WITH OVER 500 MAINSTREAM NEWS MENTIONS. - REFLECTS EXPANSION INTO NATIONAL TELEVISION, DIGITAL NEWS, AND UNIVERSITY MEDIA ECOSYSTEMS THAT WERE NOT AT COMPARABLE LEVELS IN 2023.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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ReturnHeader/BusinessOfficerGrp/PersonNm0CLAUDE JOHNSON
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J MICHAUD
ReturnHeader/ReturnTs02025-11-17T17:31:36-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
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