Civic Intelligence

Multicultural Media Telecom and Internet Council

990 • Fiscal year 2017 • EIN 52-1880677

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

Organization ProfileWWW.MMTCONLINE.ORG

View Organization Page

C/O GCK CPA300 JERICHO QUAD W SuiJericho, NY 11753

(516) 829-5559

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.58x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

71st percentile

0.31x

Higher debt load relative to revenue than 71% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

32nd percentile

-2.4%

Higher net margin than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

94th percentile

$288,865

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

58th percentile

6.0%

Faster asset growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Flat

$1,064,395

Flat from 2017

Net Assets

Flat

$445,820

Flat from 2017

Liabilities

Flat

$618,575

Flat from 2017

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin32nd percentile

Revenue

Flat

$2,008,803

Flat from 2017

Expenses

Flat

$2,057,324

Flat from 2017

Net Income

Flat

-$48,521

Flat from 2017

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,506,584Liabilities 2010: $135,813Net Assets 2010: $5,370,7712010Assets 2011: $2,880,841Liabilities 2011: $88,604Net Assets 2011: $2,792,2372011Assets 2012: $1,652,898Liabilities 2012: $61,400Net Assets 2012: $1,591,4982012Assets 2013: $1,228,412Liabilities 2013: $395,576Net Assets 2013: $832,8362013Assets 2014: $1,240,290Liabilities 2014: $24,959Net Assets 2014: $1,215,3312014Assets 2015: $995,963Liabilities 2015: $372,802Net Assets 2015: $623,1612015Assets 2016: $1,003,704Liabilities 2016: $540,599Net Assets 2016: $463,1052016Assets 2017: $1,064,395Liabilities 2017: $618,575Net Assets 2017: $445,8202017Assets 2017: $1,064,395Liabilities 2017: $618,575Net Assets 2017: $445,8202017Assets 2018: $928,087Liabilities 2018: $336,293Net Assets 2018: $591,7942018Assets 2019: $1,233,691Liabilities 2019: $598,843Net Assets 2019: $634,8482019Assets 2020: $1,418,382Liabilities 2020: $694,633Net Assets 2020: $723,7492020Assets 2021: $2,287,561Liabilities 2021: $734,349Net Assets 2021: $1,553,2122021Assets 2022: $2,175,293Liabilities 2022: $493,860Net Assets 2022: $1,681,4332022Assets 2023: $1,782,622Liabilities 2023: $30,852Net Assets 2023: $1,751,7702023Assets 2024: $1,854,460Liabilities 2024: $93,507Net Assets 2024: $1,760,9532024

Highlighted filing

2017

Assets$1,064,395
Liabilities$618,575
Net Assets$445,820
Open 2017 Filing

Operations Trend

Revenue Growth71st percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2010: $2,043,571Expenses 2010: $1,380,799Net Income 2010: $662,7722010Expenses 2011: $2,004,6242011Expenses 2012: $2,216,6062012Revenue 2013: $1,305,719Expenses 2013: $2,469,899Net Income 2013: -$1,164,1802013Revenue 2014: $2,235,199Expenses 2014: $1,928,234Net Income 2014: $306,9652014Revenue 2015: $1,359,255Expenses 2015: $2,011,635Net Income 2015: -$652,3802015Revenue 2016: $1,698,932Expenses 2016: $1,911,932Net Income 2016: -$213,0002016Revenue 2017: $2,008,803Expenses 2017: $2,057,324Net Income 2017: -$48,5212017Revenue 2017: $2,008,803Expenses 2017: $2,057,324Net Income 2017: -$48,5212017Revenue 2018: $1,545,086Expenses 2018: $1,363,766Net Income 2018: $181,3202018Revenue 2019: $1,313,344Expenses 2019: $1,383,909Net Income 2019: -$70,5652019Revenue 2020: $1,266,067Expenses 2020: $1,117,727Net Income 2020: $148,3402020Revenue 2021: $1,945,838Expenses 2021: $1,243,142Net Income 2021: $702,6962021Revenue 2022: $1,669,642Expenses 2022: $1,448,020Net Income 2022: $221,6222022Revenue 2023: $1,639,421Expenses 2023: $1,455,484Net Income 2023: $183,9372023Revenue 2024: $1,560,307Expenses 2024: $1,635,717Net Income 2024: -$75,4102024

Highlighted filing

2017

Revenue$2,008,803
Expenses$2,057,324
Net Income-$48,521
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$2,060,655
Mission and Program Overview

Mission

The council is dedicated to promoting and preserving equal opportunity and civil rights in the mass media, telecommunications and broadband industries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$908,959$888,343▼ $20,616
Pledges and Grants Receivable$68,218$140,725▲ $72,507
Cash and Non-Interest-Bearing Accounts$4,286$4,286→ $0
Intangible Assets$1,000$1,000→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,003,704$1,064,395▲ $60,691
Other Assets Total$21,241$30,041▲ $8,800
Liabilities
Other Liabilities$417,081$386,196▼ $30,885
Accounts Payable and Accrued Expenses$74,818$170,879▲ $96,061
Deferred Revenue$48,700$61,500▲ $12,800
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$540,599$618,575▲ $77,976
Net Assets / Fund Balance
Unrestricted Net Assets$463,105$445,820▼ $17,285
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$463,105$445,820▼ $17,285
Total Liabilities and Net Assets / Fund Balance$1,003,704$1,064,395▲ $60,691

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$29,618$29,618

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$0---$0
2014$90,000--$30,000$60,000
2013$120,000--$30,000$90,000
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim KeenanPresident and CEO-f/tFT$263,942$24,923$288,865
Maurita K ColeyVice President and COO- F/tFT$190,000$288$190,288
David E HonigPresident Emeritus - F/tFT$110,000$11,736$121,736

Board Members and Trustees

NameTitle
Henry M RiveraChair Emeritus - P/t
Julia JohnsonChair- P/t
Deborah Taylor TateVice Chair - P/t
Erwin KrasnowVice Chair - P/t
Andrew SchwartzmanDirector - P/t
Deborah LathenDirector - P/t
Francisco MonteroDirector - P/t
Jannette DatesDirector - P/t
Jeneba Jalloh GhattDirector - P/t
Leo HinderyDirector - P/t
Nicolaine LazarreDirector - P/t
Brent WilkesDirector-p/t
Rodney SampsonDirector-p/t
Steven C RobertsDirector-p/t
Ari FitzgeraldSecretary- P/t
Ronald JohnsonTreasurer - P/t
Revenue and Support

Revenue Composition

Contributions and Grants
$620,700
Program Service Revenue
$1,306,136
Investment Income
$81,967
Other Revenue
$0
All Other Contributions
$620,700
Change in Net Assets
$-48,521

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,008,803
Revenue Not Reported on Form 990
$31,236
Total Revenue per Audited Statements
$2,040,039
Total Revenue per Form 990
$2,008,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,289,701
Other Expenses$713,893
Professional Fundraising Fees$53,730
Total Fundraising Expense$53,730
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$480,500$84,794-$565,294
Current Officers, Directors, Trustees, and Key Employees$479,351$84,591-$563,942
Fees for Services Accounting$133,978$50,358-$184,336
Other Employee Benefits$72,834$12,853-$85,687
Payroll Taxes$63,561$11,217-$74,778
Occupancy$61,790--$61,790
Fees for Services Professional Fundraising--$53,730$53,730
All Other Expenses$37,453$3,371-$40,824
Office Expenses$32,207$5,684-$37,891
Advertising$21,989--$21,989
Interest-$20,274-$20,274
Insurance$11,044--$11,044
Other Expenses$56,365$6,354-$6,354
Total Functional Expenses$1,722,010$281,584$53,730$2,057,324

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,057,324
Total Expenses per Audited Statements$2,057,324
Total Expenses per Form 990$2,057,324
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$53,730
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Margin Loan$386,196
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11

“Form provided upon request.”

Form 990, Part VI, Line 15

“All compensation to ceo and staff reviewed and approved by board of directors.”

Form 990, Part VI, Line 19

“Governing documents and financial statements are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Multicultural Media Telecom and Internet
EIN
52-1880677
In Care Of
% GRODSKY CAPORRINO & KAUFMAN
Phone
5168295559
Address
C/O GCK CPA300 JERICHO QUAD W Sui, JERICHO, NY 11753

Signing Officer

Name
Maurita Coley
Title
Act. Pres and CEO
Phone
5168295559
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maurita Coley Actt Pres CEO
Formed
1994
Legal Domicile
Dc
Voting Board Members
16
Independent Board Members
16
Employees
10

Preparer

Firm
Grodsky Caporrino & Kaufman Llp
Address
300 JERICHO QUADRANGLE SUITE 110, JERICHO, NY 11753
Preparer
Anthony Graci CPA
Phone
5168295559
Supplemental Narrative

Additional Explanations

Form 990. Part XI, Line 5

“Unrealized gain on marketable securities 31,236”

Form 990, Part III, Line 4D

“The council also leases donated radio stations and sells donated stations to minorities in order to advance minority ownership and participation in the media industry.”

Financial Statement Notes

Part V, Line 4

“To support civil rights issues concerning minority persons.”

Part X Line 2

“Management has determined that the organization does not have any uncertain tax positions that materially impact the financial statements or related disclosures.”

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IRS990/Form990PartVIISectionAGrp/PersonNm12RONALD JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm13BRENT WILKES
IRS990/Form990PartVIISectionAGrp/PersonNm14STEVEN C ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm15RODNEY SAMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVID E HONIG
IRS990/Form990PartVIISectionAGrp/PersonNm17KIM KEENAN
IRS990/Form990PartVIISectionAGrp/PersonNm18MAURITA K COLEY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR EMERITUS - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR- P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY- P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER - P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR-P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR-P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR-P/T
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT EMERITUS - F/T
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT AND CEO-F/T
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT AND COO- F/T
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01994
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt053547
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0105399
IRS990/GrossReceiptsAmt02060655
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
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IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt011044
IRS990/InsuranceGrp/TotalAmt011044
IRS990/IntangibleAssetsGrp/BOYAmt01000
IRS990/IntangibleAssetsGrp/EOYAmt01000
IRS990/InterestGrp/ManagementAndGeneralAmt020274
IRS990/InterestGrp/TotalAmt020274
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt028420
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028420
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0908959
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0888343
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt029618
IRS990/LandBldgEquipCostOrOtherBssAmt029618
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt051852
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE COUNCIL IS DEDICATED TO PROMOTING AND PRESERVING EQUAL OPPORTUNITY AND CIVIL RIGHTS IN THE MASS MEDIA, TELECOMMUNICATIONS AND BROADBAND INDUSTRIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0463105
IRS990/NetAssetsOrFundBalancesEOYAmt0445820
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt053547
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt053547
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt031236
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt061790
IRS990/OccupancyGrp/TotalAmt061790
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05684
IRS990/OfficeExpensesGrp/ProgramServicesAmt032207
IRS990/OfficeExpensesGrp/TotalAmt037891
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021241
IRS990/OtherAssetsTotalGrp/EOYAmt030041
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012853
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt072834
IRS990/OtherEmployeeBenefitsGrp/TotalAmt085687
IRS990/OtherExpensesGrp/Desc0SUMMIT AND CONFERENCE EXPENSES
IRS990/OtherExpensesGrp/Desc1TRAVEL, CONFERENCES, CONVENT.
IRS990/OtherExpensesGrp/Desc2OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3LICENSES PERMITS & FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02088
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16354
IRS990/OtherExpensesGrp/ProgramServicesAmt0216999
IRS990/OtherExpensesGrp/ProgramServicesAmt153939
IRS990/OtherExpensesGrp/ProgramServicesAmt256365
IRS990/OtherExpensesGrp/TotalAmt0216999
IRS990/OtherExpensesGrp/TotalAmt153939
IRS990/OtherExpensesGrp/TotalAmt258453
IRS990/OtherExpensesGrp/TotalAmt36354
IRS990/OtherLiabilitiesGrp/BOYAmt0417081
IRS990/OtherLiabilitiesGrp/EOYAmt0386196
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084794
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0480500
IRS990/OtherSalariesAndWagesGrp/TotalAmt0565294
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011217
IRS990/PayrollTaxesGrp/ProgramServicesAmt063561
IRS990/PayrollTaxesGrp/TotalAmt074778
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt068218
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0140725
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Maurita Coley Actt Pres CEO
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0515100
IRS990/ProgramServiceRevenueGrp/BusinessCd1515100
IRS990/ProgramServiceRevenueGrp/BusinessCd2515100
IRS990/ProgramServiceRevenueGrp/Desc0MINORITY OWNERSHIP FACILITATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1LUNCHEON/CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc2PERFORMANCE CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019084
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1655891
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2631161
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019084
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1655891
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2631161
IRS990/ProgSrvcAccomActy2Grp/Desc0THE COUNCIL RUNS CONFERENCES AND SUMMITS TO PROMOTE ACCESS TO CAPITAL, COMPETITION AND INNOVATION IN ORDER ADVANCE THE INTERESTS OF MINORITES IN THE MEDIA AND TELECOMMUNICATION INDUSTRIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01355067
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0655891
IRS990/ProgSrvcAccomActy3Grp/Desc0THE COUNCIL PROVIDES CONTRACT SERVICES TO ASSIST WITH CULTIVATING APPRENTICESHIP OPPORTUNITIES IN THE INFORMATION AND COMMUNICATIONS TECHNOLOGY SECTOR.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0327516
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0631161
IRS990/ProhibitedTaxShelterTransInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,064,395
Liabilities
$618,575
Net assets
$445,820
Revenue
$2,008,803
Expenses
$2,057,324
Net income
-$48,521
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.09$1.76$1.56$1.64$0.08
2023Summary only. Only limited summary data is available for this year.$1.78$0.03$1.75$1.64$1.46$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.49$1.68$1.67$1.45$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.73$1.55$1.95$1.24$0.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.69$0.72$1.27$1.12$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.60$0.63$1.31$1.38$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.34$0.59$1.55$1.36$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.62$0.45$2.01$2.06$0.05
2017Summary only. Only limited summary data is available for this year.$1.06$0.62$0.45$2.01$2.06$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.54$0.46$1.70$1.91$0.21
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.37$0.62$1.36$2.01$0.65
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.02$1.22$2.24$1.93$0.31
2013Detailed filing. Detailed filing data is available for this year.$1.23$0.40$0.83$1.31$2.47$1.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.06$1.59$2.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.09$2.79$2.00
2010Summary only. Only limited summary data is available for this year.$5.51$0.14$5.37$2.04$1.38$0.66