100 Black Men of Middle Tennessee
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615-248-2721
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P. O. Box 140789
Nashville, TN 37214
Organization Details

Fiscal Year

Fiscal Year Start

01/01/2021

Fiscal Year End

12/31/2021

Projected Revenue

$426,100.00

Projected Expenses

$518,338.00

Organizational Budgets and Other Documents

2021 Approved Budget 2021
2020 Approved Budget 2020
2019 Approved Budget 2019
2018 Approved Budget 2018
2017 Approved Budget 2017
2016 Approved Budget 2016
2015 Approved Budget 2015

IRS Letter of Exemption

100 Blk, Men of Middle Tennessee

Detailed Financials

Revenue and Expenses
Fiscal Year201920182017
Total Revenue $423,763.00$536,307.00$477,611.00
Total Expenses $522,786.00$514,601.00$429,408.00
Revenue Less Expenses ($99,023.00)$21,706.00$48,203.00

Revenue Sources
Fiscal Year201920182017
Foundation and Corporation Contributions $0.00$0.00$0.00
Government - Federal $0.00$0.00$0.00
Government - State $0.00$0.00$0.00
Government - Local $0.00$0.00$0.00
Government - Unspecified $0.00$0.00$0.00
Individual Contributions $250,596.00$377,444.00$175,662.00
Indirect Public Support $0.00$0.00$0.00
Earned Revenue $0.00$0.00$84,398.00
Investment Income, Net of Losses $55.00$328.00$53.00
Membership Dues $9,317.00$12,675.00$7,415.00
Special Events $163,795.00$145,860.00$232,083.00
Revenue In-Kind $0.00$0.00$0.00
Other $0.00$0.00$0.00

Expense Allocation
Fiscal Year201920182017
Program Expense $263,454.00$231,804.00$154,317.00
Administration Expense $90,848.00$92,854.00$75,936.00
Fundraising Expense $168,677.00$189,943.00$199,155.00
Total Revenue/Total Expenses 81%104%111%
Program Expense/Total Expenses 50%45%36%
Fundraising Expense/Contributed Revenue 32%37%46%

Top Funding Sources
Fiscal Year201920182017
Top Funding Source & Dollar Amount Contributions, Gifts, and Grants
$250,596.00
Contributions, Gifts, and Grants
$377,444.00
Fundraising Events
$232,083.00
Second Highest Funding Source & Dollar Amount Fundraising Events
$163,795.00
Fundraising Events
$145,860.00
Contributions, Gifts, and Grants
$175,662.00
Third Highest Funding Source & Dollar Amount Membership Dues
$9,317.00
Membership Dues
$12,675.00
Program Revenue
$84,398.00

Assets and Liabilities
Fiscal Year201920182017
Total Assets $197,845.00$319,325.00$395,537.00
Current Assets $175,589.00$264,451.00$330,386.00
Long-Term Liabilities $0.00$0.00$0.00
Current Liabilities $33,000.00$23,000.00$104,208.00
Total Net Assets $197,845.00$296,325.00$291,329.00

Endowment Info

Do you have an endowment?

No

Capital Campaign Info

Are you currently in a Capital Campaign?

No

Do you anticipate a campaign in the next 5 years?

No

Solicitation Permit Info

State Charitable Solicitations Permit

Yes

Permit Expiration Month

June

Permit Expiration Year

2021

Solicitations Permit

Charitable solicitations

Form 990s

2019 990 2019
2018 990 2018
2017 990 2017
2016 990 2016
2015 990 2015
2014 990 2014
100 Black Men of Middle TN 2013 990 2013
100 Black Men of Middle TN 2012 990 2012
100 Black Men of Middle TN 2011 990 2011
Form 990 2010
100 black men of middle tennessee 2009 990 2009
100 black men of middle tennessee 2008 990 2008
100 black men of middle tennessee 2007 990 2007
100 black men of middle tennessee 2006 990 2006
100 black men of middle tennessee 2005 990 2005
100 black men of middle tennessee 2004 990 2004
100 black men of middle tennessee 2003 990 2003

Audit Documents

2020 Yearend financial Statements 2020
2019 Yearend Financial Statements 2019
2018 Yearend Balance Sheet 2018
2018 Yearend P&L 2018
2017 CPA Balance Sheet 2017
2017 CPA P&L - Inc Stment 2017
2017 Financial Audit 2017
2016 CPA Balance Sheet 2016
2016 CPA Income Statement 2016
2015 Financial Audit 2015
2014 Financial Audit 2014
100 black men of middle tn audit 2013
100 black men of middle tn audit 2012
100 black men of middle tennessee 2009 audit 2009
100 black men of middle tennessee 2007 audit 2007
100 black men of middle tennessee 2005 audit 2005
100 black men of middle tennessee 2004 audit 2004

CEO/Executive Director/Board Comments


One of the objectives of this organization is to always strive to ensure our supporters that a dollar given to the 100 Black Men of Middle Tennessee means a dollar that directly supports our youth. As a part of the membership criteria, each member gives $5,000 to the organization, which is invested and saved in a savings vehicle for future scholarships. For the first time since 2005, the organization made a profit in 2014 and those funds were placed in savings for future college scholarships for our current 100 KINGS. We are looking for additional fundraising opportunities to grow our scholarship fund which as of January 2021 has exceeded $1 million in paid scholarships to our graduating KINGS scholars. We operate a lean, fiscally sound non-profit, and look to grow the organization in order to provide programmatic efforts to more young black males in our community.

Foundation Staff Comments


Financial figures taken from the IRS Form 990. Financial documents completed by Sylvia Johnson CPA. Comments provided by Paige Dempsey 4/14/2020.