Civic Intelligence

Boys Lead Foundation

EIN 81-4801995 • 501(c)3 • Spring, TX

RevokedPub. 78 Eligible990-N Coverage

Profile

Boys Lead Foundation (BLF) is a non-profit organization that values and embraces inclusion, the organization focuses on embracing, equipping and empowering Boys and Young Men of Color (BYMOC).

Revocation date: May 15, 2023

285 Sawdust Road ASpring, TX 77380-0000

www.boysleadfoundation.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$22,000

Down $7,478 (-25%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Up

$33,024

Up $3,546 (+12%) from 2019

Operations
Liabilities / Revenue62nd percentileNet Margin68th percentile

Revenue

Up

$165,500

Up $64,500 (+64%) from 2019

Expenses

Up

$142,476

Up $69,676 (+96%) from 2019

Net Income

Down

$23,024

Down $5,176 (-18%) from 2019

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$40K$30K$20K$10K$0Assets 2019: $29,478Liabilities 2019: $0Net Assets 2019: $29,4782019Assets 2023: $22,000Liabilities 2023: $0Net Assets 2023: $33,0242023

Highlighted filing

2023

Assets$22,000
Liabilities$0
Net Assets$33,024
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0Revenue 2019: $101,000Expenses 2019: $72,800Net Income 2019: $28,2002019Revenue 2023: $165,500Expenses 2023: $142,476Net Income 2023: $23,0242023

Highlighted filing

2023

Revenue$165,500
Expenses$142,476
Net Income$23,024
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,000
Liabilities
$0
Net assets
$33,024
Revenue
$165,500
Expenses
$142,476
Net income
$23,024
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.33$1.66$1.42$0.23
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.01$0.73$0.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 13, 2024
Return Version
2023v5.0
Gross Receipts
$165,500
Mission and Program Overview

Mission

Boys Lead Foundation (BLF) is a non-profit organization that values and embraces inclusion, the organization focuses on embracing, equipping and empowering Boys and Young Men of Color (BYMOC).

The primary exempt purpose of Boys Lead Foundation is to empower and educate boys and young men through mentorship, leadership development, and access to educational resources and opportunities.

Program Services

DescriptionGrantsExpenses
mentoring$160,500-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
owolabi williamsDirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Boys Lead Foundatiom
EIN
81-4801995
Phone
5674430428
Address
285 SAWDUST ROAD A, SPRING, TX 77380-0000

Signing Officer

Name
Olalekan Oguns
Title
Accounts
Phone
5674430428
Signed
2024-06-13
Supplemental Narrative

Additional Explanations

Part I, Line 16

“Travel Expenses, Local Travels, Hotel, Trainings for staff members”

Raw XML Appendix115 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BOYS LEAD FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum05674430428
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0285 Sawdust Rd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SPRING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0773800000
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022000
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0130500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt023024
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt030400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022000
IRS990EZ/GrossReceiptsAmt0165500
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt033024
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022000
IRS990EZ/OccupancyRentUtltsAndMaintAmt020300
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt035.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0owolabi williams
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt014250
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The primary exempt purpose of Boys Lead Foundation is to empower and educate boys and young men through mentorship, leadership development, and access to educational resources and opportunities.
IRS990EZ/PrintingPublicationsPostageAmt012076
IRS990EZ/ProgramServiceRevenueAmt035000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0mentoring
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0160500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt065450
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0142476
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0165500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.boysleadfoundation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0160500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0160500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0160500
IRS990ScheduleA/SupportedOrganizationsCnt00
IRS990ScheduleA/SupportedOrganizationsTotalCnt00
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0160500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0160500
IRS990ScheduleA/TotalSupportAmt0160500
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel Expenses, Local Travels, Hotel, Trainings for staff members
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0To Whom It May Concern, I am writing on behalf of Boys Lead Foundation to provide an explanation for the delayed filing of our Form 990 for the tax year ending December 31, 2023. Unfortunately, we were unable to file our tax return by the required due date due to circumstances beyond our reasonable control. The primary cause for this delay was linked to the status of our organization. Boys Lead Foundation was reinstated in March 2024 after a period of inactivity. This reinstatement process caused significant disruptions in our operations, particularly in the areas of administrative staffing and access to our financial records, which were not fully resolved until recently. The timing of these events, closely coinciding with the critical weeks leading up to the filing deadline, significantly impeded our ability to prepare and submit our tax return on time. Despite diligent efforts to restore operational capacity swiftly, the complexity of re-establishing our accounting records and ensuring their accuracy for IRS submission required more time than anticipated. Please find attached supporting documents that corroborate the timeline of our reinstatement and outline the challenges faced during this transition period. We have taken serious steps to rectify this issue by enhancing our administrative processes and improving our financial management practices to prevent future filing delays. Given these circumstances, we respectfully request that any penalties associated with this late filing be abated, considering these disruptions constituted reasonable cause. We assure you of our organization's commitment to compliance with IRS regulations and our dedication to timely future filings. Thank you for your understanding and for your assistance in this matter. We are eager to resolve this delay and continue our compliance track record.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Olalekan Oguns
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Accounts
ReturnHeader/BusinessOfficerGrp/PhoneNum05674430428
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Boys Lead Foundatiom
ReturnHeader/Filer/BusinessNameControlTxt0BOYS
ReturnHeader/Filer/EIN0814801995
ReturnHeader/Filer/PhoneNum05674430428
ReturnHeader/Filer/USAddress/AddressLine1Txt0285 SAWDUST ROAD A
ReturnHeader/Filer/USAddress/CityNm0SPRING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0773800000
ReturnHeader/ReturnTs02024-06-18T14:18:38Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.