Form 990 for tax year 2023

Filed by BLACK MEN TEACH.

Totals

Total revenue: $2,213,024
Total expenses: $1,647,535
Contributions and grants received: $2,113,049
Grants paid: $375,767
Program service revenue: $0
Investment income: $181,792
Other revenue: -$81,817
Total assets, end of year: $4,694,268
Total liabilities, end of year: $104,426
Net assets or fund balances, end of year: $4,589,842
Program services expenses (Part IX): $1,213,950
Management and general expenses: $209,678
Fundraising expenses: $223,907
Program service expenses (Part III): $1,213,950

Program services were 73.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$191,623
1d · Related organizations

$0
1e · Government grants (contributions)

$447,598
1f · All other contributions, gifts and grants

$1,473,828
1g · Noncash contributions included above

$0
3 · Investment income

total $181,792 · related or exempt $0 · unrelated business $0 · excluded $181,792
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6c · Rental income or loss

real property $0 · personal property $0
7c · Gain or loss

securities $0 · other assets $0
8a · Fundraising events: gross income

$57,000
8a · Fundraising events: contributions included on line 1c

$191,623
8b · Fundraising events: direct expenses

$138,817
8c · Net income from fundraising events

total -$81,817 · unrelated business $0 · excluded -$81,817
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $0 · program services $0
2 · Grants to domestic individuals

total $375,767 · program services $375,767
5 · Compensation of officers, directors and key employees

total $166,106 · program services $124,579 · management and general $16,611 · fundraising $24,916
6 · Compensation of disqualified persons

total $0
7 · Other salaries and wages

total $384,017 · program services $282,909 · management and general $101,108
8 · Pension plan contributions

total $17,971 · program services $12,400 · management and general $5,571
9 · Other employee benefits

total $21,750 · program services $17,654 · management and general $3,318 · fundraising $778
10 · Payroll taxes

total $43,430 · program services $29,967 · management and general $13,463
11a · Fees: management

total $29,333 · program services $22,000 · management and general $7,333
11c · Fees: accounting

total $25,678 · management and general $25,678
11e · Fees: professional fundraising services

total $155,346 · fundraising $155,346
11g · Fees: other

total $67,643 · program services $40,697 · management and general $18,169 · fundraising $8,777
12 · Advertising and promotion

total $33,199 · program services $27,753 · management and general $2,436 · fundraising $3,010
13 · Office expenses

total $7,413 · program services $5,026 · management and general $1,229 · fundraising $1,158
14 · Information technology

total $15,451 · program services $10,661 · management and general $2,472 · fundraising $2,318
16 · Occupancy

total $28,999 · program services $20,009 · management and general $4,640 · fundraising $4,350
17 · Travel

total $13,935 · program services $13,128 · management and general $621 · fundraising $186
19 · Conferences, conventions and meetings

total $24,433 · program services $9,988 · fundraising $14,445
22 · Depreciation, depletion and amortization

total $13,999 · program services $9,659 · management and general $2,240 · fundraising $2,100
23 · Insurance

total $3,333 · program services $1,731 · management and general $1,226 · fundraising $376
24a · Other expenses: Community building initiative

total $53,109 · program services $53,109 · management and general $0 · fundraising $0
24b · Other expenses: Support for college students including workshops

total $40,320 · program services $40,320 · management and general $0 · fundraising $0
24c · Other expenses: Support for teachers including workshops

total $98,952 · program services $98,952 · management and general $0 · fundraising $0
24d · Other expenses: Support for high school students including teen summit

total $17,401 · program services $17,401 · management and general $0 · fundraising $0
24e · All other expenses

total $9,950 · program services $240 · management and general $3,563 · fundraising $6,147

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $64,754 · end of year $237,690
2 · Savings and temporary cash investments

beginning of year $3,102,826 · end of year $3,752,670
3 · Pledges and grants receivable

beginning of year $867,921 · end of year $690,043
9 · Prepaid expenses and deferred charges

beginning of year $28,338 · end of year $12,056
10a · Land, buildings and equipment: cost or other basis

$29,463
10b · Land, buildings and equipment: accumulated depreciation

$27,654
10c · Land, buildings and equipment, net

beginning of year $15,807 · end of year $1,809
17 · Accounts payable and accrued expenses

beginning of year $55,293 · end of year $104,426
25 · Other liabilities

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $2,790,123 · end of year $3,468,865
28 · Net assets with donor restrictions

beginning of year $1,234,230 · end of year $1,120,977

Mission and programs · 2023

Mission

Black Men Teach (BMT) recruits, prepares, places, and retains Black male teachers in elementary schools by building a robust pathway to the teaching profession, beginning in high school and continuing to support men through college and into their teaching career. BMT began in 2018 based on research that told us that a diverse teacher corps improves student outcomes for all children, especially children of color. Black students in elementary school who have at least one Black male teacher are 29% less likely to drop out of school. Those who have two Black male teachers are 32% more likely to enroll in post-secondary education. Since its start in 2018, BMT has gone from serving 12 Black men in 2020, to nearly 100 in fiscal 2024. To support our rapid ramp up in programming, our staffing and budgeted spend are ramping up. We are developing a coalition of schools, school districts, teacher training and scholarship programs, and community organizations to achieve our objective.

Activities or mission (Part I)

Black Men Teach (BMT) recruits, prepares, places, and retains Black male teachers in elementary schools by building a robust pathway to the teaching profession, beginning in high school and continuing to support men through college and into their teaching career. BMT began in 2018 based on research that told us that a diverse teacher corps improves student outcomes for all children, especially children of color. Black students in elementary school who have at least one Black male teacher are 29% less likely to drop out of school. Those who have two Black male teachers are 32% more likely to enroll in post-secondary education. Since its start in 2018, BMT has gone from serving 12 Black men in 2020, to serving nearly 100 in fiscal 2024. To support our rapid ramp up in programming, our staffing and budgeted spend are ramping up. We are developing a coalition of schools, school districts, teacher training and scholarship programs, and community organizations to achieve our objectives.

TEACHERS - Student Loan Repayment Program (SLRP), Instructional Coaching and Alternative Certification. Most teachers graduate school with student loan debt, and Black men have significantly more debt than their white counterparts. This burden often leads men to leave the profession. SLRP pays off the principal amount of student debt held by practicing teachers over a five-year period. For fiscal 2024 sixteen men were directly supported by this program and approximately 400 elementary school students benefited from them remaining in the classroom. An instructional coach visits each teacher's classroom to critique their teaching methods to improve student learning and participation. Alternative Certification is a program that run for 3 months each summer to prepare a college student for certification as a teacher.

Expenses $279,880 · Grants $180,927
COLLEGE - Scholarships, Student Teaching Stipends and Internships, Leadership Coaching and Non-traditional Pilot Program for Licensure - In an effort to offset the financial burden their education, Black Men Teach offers up to $20,000 scholarships to its participants. These scholarships are provided to men who are active participants in our program and are paid over four years. To qualify, students provide BMT with transcripts, confirming their class status, current course schedules, academic credits and fee statements. BMT offers these as "last dollar" scholarships. In the fiscal 2024, thirteen received scholarships. Student teaching, required to earn a degree and become a licensed teacher, is a significant financial burden for students. Because this activity is full time, for a period of 12 to 16 weeks, it precludes the student from earning outside income from a full or part time job. Therefore, many students leave the teaching track at this late stage because of this burden. BMT assists its teaching candidates by providing a stipend or paying for their internship during this part of their education. In fiscal 2024, twenty student teachers and interns benefited from this program as did approximately 500 elementary school students who were exposed to a Black male teacher. Leadership coaching is available to all college students who are in the BMT program. This training assists them with leading in a classroom. The Non-traditional pilot program assists a college student stay in school to study elementary education while providing them with an in-class job while going to school.

Expenses $200,622 · Grants $160,392
HIGH SCHOOL - A summer academy for elementary students is held on Saturday mornings for nine weeks. The first three weeks are training for high school students interested in becoming educators. The following six weeks are actual classroom teaching experiences for these high school students to teach elementary school students lessons. BMT also sponsored a teen summit to provide high school students information on teaching as a career and steps to become a teacher.

Expenses $51,849 · Grants $34,448
This being the fourth full year of Black Men Teach with an executive director and paid staff, much of our program expense was focused on staff time acquiring partnerships with elementary schools, scholarship programs and teacher training programs, as well as on-campus meetings with potential teacher candidates, teaching high school classes introducing seniors to teaching as a career, and much more. In fiscal 2023, BMT began efforts to build a community coalition. The expense includes staff time that is not allocated to individual programs.

Expenses $681,599

As filed on the 2023 return.

Listed in Part VII

Markus Flynn

Executive Director

Total calculated

$161,747

From this org

$152,647

From related orgs

$0

Other

$9,100

Hours/week

40

Schedule J breakdown matched by us

Base

$152,647

Bonus

$0

Other

$0

Deferred

$5,124

Nontaxable benefits

$3,976

Filer's total

$161,747
Virginia Arthur

Director

Total calculated

$0

Hours/week

1
Josh Crosson

Director

Total calculated

$0

Hours/week

1
Michael Goar

Director

Total calculated

$0

Hours/week

1
Peter Hutchinson

Director

Total calculated

$0

Hours/week

2
Mark Irvin

Director and Vice Chair

Total calculated

$0

Hours/week

2
Jesse Mason

Director

Total calculated

$0

Hours/week

1
Rhoda Mhiripiri-Reed

Director

Total calculated

$0

Hours/week

1
Ann Rest

Director

Total calculated

$0

Hours/week

1
Kevin Idahor

Director

Total calculated

$0

Hours/week

1
Anthony Lando

Director and Board Chair

Total calculated

$0

Hours/week

3
Paul Gunderson

Director and Secretary

Total calculated

$0

Hours/week

3
Steven Zenz

Director and Treasurer

Total calculated

$0

Hours/week

3
Chris Ugarte

Director

Total calculated

$0

Hours/week

1
Heather Mueller

Director

Total calculated

$0

Hours/week

1
Kiera Fernandez

Director

Total calculated

$0

Hours/week

1
Phil McKoy

Director

Total calculated

$0

Hours/week

1
Chris Dodge

Director

Total calculated

$0

Hours/week

1
Stephanie Burrage

Director

Total calculated

$0

Hours/week

1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Form 990 of other organizations
3 · Written employment contract
3 · Compensation survey or study
3 · Approval by the board or compensation committee
5a · Pay contingent on this organization's revenues
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 5: Bonus plan established at beginning of fiscal year for results during the fiscal year relating to goals. One of the goals was based on fund raising results, representing approximately 25% of the potential bonus.
Schedule J, Part I, Line 7: Bonus plan established at beginning of fiscal year for results during the fiscal year relating to goals for teachers placed in schools, retention of placed teachers, progress on collective impact initiative, fellows in the pipeline to become teachers and fund raising results.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 30 December 2024
IRS schema version: 2023v6.0
Source object: 202500159349300900

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