Civic Intelligence

Global Black Gay Men Connect Corporation

EIN 84-2976165 • 501(c)3 • Washington, DC

Pub. 78 EligibleNTEE P20

Profile

To build an activist movement of Black Gay Men that is financially sustainable and equipped to provide equal access to health care education and opportunities for economic prosperity and talent recognition Our Movement affirms the human rights of all people while emphasizing Black and Brown LGBTQIA People.

1242 New Jersey Avenue NWWashington, DC 20001

gbgmc.org

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

NTEE P20 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.00x

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

NTEE P20 • $1M-$5M nonprofits • Source year 2024

Net Margin

81st percentile

42%

Higher net margin than 81% of similar nonprofits.

NTEE P20 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$162,180

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

NTEE P20 • $1M-$5M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Assets

$1,047,872

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$1,047,872

No earlier filing loaded for comparison.

Revenue

$2,407,011

No earlier filing loaded for comparison.

Expenses

$1,387,135

No earlier filing loaded for comparison.

Net Income

$1,019,876

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2024: $1,047,872Liabilities 2024: $0Net Assets 2024: $1,047,8722024

Highlighted filing

2024

Assets$1,047,872
Liabilities$0
Net Assets$1,047,872

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2024: $2,407,011Expenses 2024: $1,387,135Net Income 2024: $1,019,8762024

Highlighted filing

2024

Revenue$2,407,011
Expenses$1,387,135
Net Income$1,019,876

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$2.41$1.39$1.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 24, 2025
Return Version
2024v5.0
Gross Receipts
$2,407,011
Mission and Program Overview

Mission

To build an activist movement of Black Gay Men that is financially sustainable and equipped to provide equal access to health care education and opportunities for economic prosperity and talent recognition Our Movement affirms the human rights of all people while emphasizing Black and Brown LGBTQIA People.

A Global platform that ensures Black Gay Men are empowered to pursue optimal health, upward mobility and harmonious coexistence. Our Mission also includes providing equal access to health care, education and opportunities for economic - prosperity and talent recognition. Our Movement affirms the human rights of all People, while emphasizing Black and Brown LGBTQIA+ People.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,047,872$1,047,872→ $0
Cash and Non-Interest-Bearing Accounts$1,031,402$1,031,402→ $0
Pledges and Grants Receivable$16,470$16,470→ $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
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$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$1,047,872$1,047,872→ $0
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,047,872$1,047,872→ $0
Total Liabilities and Net Assets / Fund Balance$1,047,872$1,047,872→ $0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Micheal IghodaroExecutive DirectorFT$162,180$162,180
Revenue and Support

Revenue Composition

Contributions and Grants
$2,407,011
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$744,351
Change in Net Assets
$1,019,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,210,721
Salaries, Compensation, and Employee Benefits$176,414
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$1,006,639$0-$1,006,639
Current Officers, Directors, Trustees, and Key Employees$162,180$0$0$162,180
Conferences and Meetings$128,508$0$0$128,508
Office Expenses$37,106$0$0$37,106
Advertising$25,804$0$0$25,804
Payroll Taxes$14,234$0$0$14,234
Fees for Services Accounting$11,429$0$0$11,429
Insurance$1,235$0$0$1,235
Total Functional Expenses$1,387,135$0$0$1,387,135
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

Each Committe has to report to the governing body before acting on any decision. They must agree.

Form 990, Part VI, Section B, Line 11B

A Completed Form 990 was provided to the members of the Governing body for Review before filing.

Form 990, Part VI, Section B, Line 12C

Each Director and Trustees were required to indicate any conflict of Interest during the Meetings.

Form 990, Part VI, Section B, Line 15

The Executive Director's Compensation was discussed and agreed with the Board before implemantation.

Form 990, Part VI, Section C, Line 19

It is made available upon request and also published where applicable.

Filing and Contact Details

Filer

Filer Name
Global Black Gay Men Connect Corporation
EIN
84-2976165
Phone
3472180065
Address
1242 NEW JERSEY AVENUE NW, WASHINGTON, DC 20001

Signing Officer

Name
Micheal Ighodaro
Title
Executive Director
Phone
3472180065
Signed
2025-03-24

Organization Details

Principal Officer
Michael Ighodaro
Formed
2023
Legal Domicile
Dc
Voting Board Members
19
Independent Board Members
3
Employees
1
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2A

The Organization had one Full Time U.S. Based Employee during the 2024 Tax Year. A W-2 was issued and the appropriate Form W-3 was filed.

Form 990, Part IX, Line 24E

These Other Expenses include items like Office Administrative Expenses that were not included in the Program Expenses.

Form 990, Part XI, Line 9

The Organizations figures all match the Organization Balance sheet. The Amount here is to match the Figures as required.

Raw XML AppendixShowing 400 of 547 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.

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IRS990/PayrollTaxesGrp/ProgramServicesAmt014234
IRS990/PayrollTaxesGrp/TotalAmt014234
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt016470
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt016470
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MICHAEL IGHODARO
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0MUNICH PRE-CONFERENCE KEY POPULATIONS: GBGMC organized the first -ever Global Key Populations HIV Prevention Pre-Conference at AIDS 2024 in Munich, Germany. The event brought together global KP advocates to discuss barriers and slutions in HIV prevention, highlight innovative strategies tailored to KPs( Including MSM, Transgender individuals, sex workers and PWID), provide scholarships for KP Leaders and advance HIV prevention advocacy and global policy discussions. This Pre-conference established a significant precedent for KP focused efforts at future AIDS conferences.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0197279
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0320636
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0320636
IRS990/ProgSrvcAccomActy3Grp/Desc0AMFAR/ViiV: The AMFAR/ViiV Program advanced HIV prevention for key populations in alignment with the Global HIV Prevention Roadmap. Key Activities included enhancing access to innovative prevention technologies, generating demand through tailored community outreach, securing funding, strengthening advocacy for key population inclusion in policy and fostering community engagement for equitable HIV Services. Major activities in 2024 involved regional workshops in Africa and Asia, policy advocacy efforts and collaborations with global partners.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt041824
IRS990/ProgSrvcAccomActy3Grp/GrantAmt048547
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt048547
IRS990/ProgSrvcAccomActyOtherGrp/Desc0This refers to the other Programs organized by the Organization.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0898032
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt01043477
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt01043477
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
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IRS990/PYTotalExpensesAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01019876
IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0250000
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01047872
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01047872
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Organization does not sell any goods or services. All Contributions are through Programs organized and Sponsorships.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 3
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02407011
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02407011
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/PrivateFoundation509Ind0X
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IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct00.00
IRS990ScheduleA/PublicSupportTotal509Amt02407011
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00

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