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Nonprofiteer
← NAACP EMPOWERMENT PROGRAMS INC

Form 990 for tax year 2023

Filed by NAACP EMPOWERMENT PROGRAMS INC.

What the amendment changed

Compared with the return it replaced , filed 4 November 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$43,560,673
Total expenses
$60,261,869
Contributions and grants received
$25,704,028
Grants paid
$1,530,874
Program service revenue
$14,329,797
Investment income
$2,555,309
Other revenue
$971,539
Total assets, end of year
$95,795,169
Total liabilities, end of year
$21,500,543
Net assets or fund balances, end of year
$74,294,626
Program services expenses (Part IX)
$38,647,293
Management and general expenses
$14,787,964
Fundraising expenses
$6,826,612
Program service expenses (Part III)
$38,647,293

Program services were 64.1% 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.

  • 1f · All other contributions, gifts and grants

    $25,704,028

  • 2a · Program service revenue: EVENT REVENUE

    total $14,299,536 · excluded $14,299,536

  • 2b · Program service revenue: ASSESSMENTS

    total $16,718 · excluded $16,718

  • 2c · Program service revenue: ADVERTISING REVENUE

    total $13,543 · excluded $13,543

  • 3 · Investment income

    total $2,120,911 · related or exempt $2,120,911

  • 5 · Royalties

    total $196,176 · related or exempt $196,176

  • 7a · Gross sales of assets other than inventory

    securities $434,398

  • 7c · Gain or loss

    securities $434,398

  • 7d · Net gain or loss

    total $434,398 · related or exempt $434,398

  • 11a · Other revenue: OTHER REVENUE

    total $775,363 · related or exempt $775,363

  • 11e · Other revenue, total

    $775,363

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $505,000 · program services $505,000

  • 2 · Grants to domestic individuals

    total $1,025,874 · program services $1,025,874

  • 7 · Other salaries and wages

    total $16,892,074 · program services $6,473,513 · management and general $7,735,904 · fundraising $2,682,657

  • 8 · Pension plan contributions

    total $786,001 · program services $309,825 · management and general $339,730 · fundraising $136,446

  • 9 · Other employee benefits

    total $1,868,486 · program services $892,473 · management and general $676,645 · fundraising $299,368

  • 10 · Payroll taxes

    total $1,157,706 · program services $472,976 · management and general $489,957 · fundraising $194,773

  • 11e · Fees: professional fundraising services

    total $541,967 · fundraising $541,967

  • 11g · Fees: other

    total $11,210,176 · program services $4,627,601 · management and general $5,652,652 · fundraising $929,923

  • 13 · Office expenses

    total $1,372,973 · program services $267,542 · management and general $498,796 · fundraising $606,635

  • 14 · Information technology

    total $1,351,451 · program services $606,954 · management and general $730,872 · fundraising $13,625

  • 16 · Occupancy

    total $3,188,443 · program services $415,418 · management and general $2,772,429 · fundraising $596

  • 17 · Travel

    total $3,930,133 · program services $2,114,636 · management and general $1,768,333 · fundraising $47,164

  • 20 · Interest

    total $1,688 · management and general $1,688

  • 22 · Depreciation, depletion and amortization

    total $951,426 · program services $2,275 · management and general $948,780 · fundraising $371

  • 23 · Insurance

    total $1,828,706 · program services -$83 · management and general $1,828,914 · fundraising -$125

  • 24a · Other expenses: SPECIAL EVENTS

    total $14,253,965 · program services $13,193,706 · management and general $1,049,197 · fundraising $11,062

  • 24b · Other expenses: OTHER GRANT AWARDS

    total $240,000 · management and general $240,000

  • 24c · Other expenses: OTHER EXPENSES

    total -$21,204 · program services -$28,255 · management and general $2,051 · fundraising $5,000

  • 24d · Other expenses: INDIRECT COST ALLOCATION

    total -$822,996 · program services $7,767,838 · management and general -$9,947,984 · fundraising $1,357,150

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,599,028 · end of year $7,099,420

  • 3 · Pledges and grants receivable

    beginning of year $5,879,421 · end of year $2,128,355

  • 4 · Accounts receivable

    beginning of year $12,383,957 · end of year $9,557,323

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,328,837 · end of year $1,715,596

  • 10a · Land, buildings and equipment: cost or other basis

    $14,501,306

  • 10b · Land, buildings and equipment: accumulated depreciation

    $11,385,641

  • 10c · Land, buildings and equipment, net

    beginning of year $3,418,970 · end of year $3,115,665

  • 13 · Investments: program-related

    beginning of year $70,464,574 · end of year $67,108,741

  • 15 · Other assets

    beginning of year $5,377,503 · end of year $5,070,069

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,018,801 · end of year $4,959,162

  • 19 · Deferred revenue

    beginning of year $2,090,000 · end of year $677,000

  • 25 · Other liabilities

    beginning of year $7,803,756 · end of year $15,864,381

  • 27 · Net assets without donor restrictions

    beginning of year $54,016,418 · end of year $35,116,717

  • 28 · Net assets with donor restrictions

    beginning of year $32,523,315 · end of year $39,177,909

Mission and programs · 2023

Mission

OUR MISSION IS TO ACHIEVE EQUITY, POLITICAL RIGHTS, AND SOCIAL INCLUSION BY ADVANCING POLICIES AND PRACTICES THAT EXPAND HUMAN AND CIVIL RIGHTS, ELIMINATE DISCRIMINATION AND ACCELERATE WELLBEING, EDUCATION, AND ECONOMIC SECUIRTY OF BLACK PEOPLE AND ALL PERSONS OF COLOR.

  • FIELD OPERATIONS AND MEMBERSHIP SERVICES. THROUGH FIELD AND MEMBERSHIP,WE BUILD STRATEGIES AND ENGAGE WITH COMMUNITIES ACROSS THE NATION. THIS INCLUDES RECRUITMENT, RETENTION, AND GROWTH OF OUR GLOBAL MEMBERSHIP, IMPLEMENTING INITIATIVES AND MEMBER BENEFITS WHICH ENHANCE THE MEMBER EXPERIENCE.

    Expenses $7,948,117 · Grants $285,000

  • CIVIC ENGAGEMENT. THROUGH POLICY ADVOCACY, PARTNERSHIP, RESEARCH, AND MOBILIZATION, OUR CIVIC ENGAGEMENT WORK AMPLIFIES COMMUNITY VOICES WITH A FOCUS ON ISSUE-BASED CAMPAIGNS AND VOTING RIGHTS.

    Expenses $2,598,564 · Grants $30,000

  • ECONOMIC DEVELOPMENT. THROUGH POLICY ADVOCACY, PARTNERSHIP, RESEARCH, AND MOBILIZATION, OUR INCLUSIVE ECONOMY WORK ADDRESSES ECONOMIC INCLUSION AND MOBILITY; FUTURE OF BLACK WORK(ERS); ACCESS TO CAPITAL, ASSETS, AND INVESTMENTS; AND PATHWAYS TO BUSINESS AND ENTREPRENEURSHIP.

    Expenses $43,141

  • CONVENTION-NAACP. THE NAACP HOSTS AN ANNUAL CONVENTION AS MANDATED BY OUR CONSTITUTION. WE CONVENE MEMBERS, BOARD AND OFFICERS TO SHARE INFORMATION AND ACCOMPLISHMENTS AND TO ESTABLISH POLICIES AND PROGRAMS FOR THE COMING YEAR. IMAGE AWARDS. THE NAACP WORKS TO ENSURE FAIR EMPLOYMENT AND POSITIVE IMAGES IN THE ENTERTAINMENT INDUSTRY. THE NAACP IMAGE AWARDS SPANS MULTIPLE CATEGORIES, CELEBRATING OUTSTANDING ACHIEVEMENTS OF PEOPLE OF COLOR IN THE ARTS, TELEVISION, MUSIC, LITERATURE, AND FILM, AND ALSO HONORING INDIVIDUALS AND GROUPS WHO PROMOTE SOCIAL JUSTICE THROUGH CREATIVE ENDEAVORS. RESEARCH AND POLICY. POLICY ADVOCACY AND RESEARCH ARE EMBEDDED IN ALL ASPECTS OF THE NAACPS PROGRAMMATIC WORK. WE ASSESS POLICIES IMPACTING THE EXPERIENCE OF BLACK PEOPLE AND ALL PERSONS OF COLOR AND EDUCATE AND INFORM KEY CONSTITUENCIES. SIMILARLY, OUR EMPHASIS ON RESEARCH PROMOTES ACTIONABLE DATA, RESEARCH, AND ENGAGEMENT TOOLS FOR COMMUNITIES. EDUCATION. THROUGH POLICY ADVOCACY, PARTNERSHIP, RESEARCH, AND MOBILIZATION, OUR EDUCATION INNOVATION WORK ADDRESSES ACCESSIBLE, HIGH- QUALITY EDUCATION, COLLEGE AND CAREER READINESS; EQUITABLE SYSTEMS AND SUPPORTS; PATHWAYS FOR OPPORTUNITY YOUTH; AND TECHNOLOGY ADVANCEMENT FOR THE FUTURE OF LEARNING. HEALTH. THROUGH POLICY ADVOCACY, PARTNERSHIP, RESEARCH, AND MOBILIZATION, OUR HEALTH AND WELL-BEING WORK ADDRESSES EQUITABLE QUALITY HEALTHCARE; EQUITABLE FOOD SYSTEMS; HEALTHCARE INFRASTRUCTURE; AND HEALTHY PEOPLE, HEALTHY COMMUNITIES. CLIMATE JUSTICE. THROUGH POLICY ADVOCACY, PARTNERSHIP, RESEARCH, AND MOBILIZATION, OUR ENVIRONMENTAL AND CLIMATE JUSTICE WORK ADDRESSES THE RIGHT TO TOXIC-FREE ENVIRONMENTS; ENERGY DEMOCRACY; SUSTAINABLE COMMUNITIES, AND ZERO EMISSIONS. CRIMINAL JUSTICE. THROUGH POLICY ADVOCACY, PARTNERSHIP, RESEARCH, AND MOBILIZATION, OUR RACE AND JUSTICE WORK ADDRESSES ENDING MASS INCARCERATION; REIMAGINING PUBLIC SAFETY; DIVERSITY, EQUITY, INCLUSION, AND BELONGING; AND ADDRESSING RACISM.

    Expenses $28,057,471 · Grants $1,215,874

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Derrick Johnson

    PRESIDENT AN

    Total calculated
    $859,551
    From this org
    $841,356
    From related orgs
    $0
    Other
    $18,195
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $476,831
    Bonus
    not reported
    Other
    $364,525
    Deferred
    $18,195
    Nontaxable benefits
    not reported
    Filer's total
    $859,551
  • Denese Carroll

    CHIEF TECH/O

    Total calculated
    $378,151
    From this org
    $359,910
    From related orgs
    $0
    Other
    $18,241
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $359,910
    Bonus
    not reported
    Other
    not reported
    Deferred
    $18,241
    Nontaxable benefits
    not reported
    Filer's total
    $378,151
  • Eris Sims

    CHIEF OF STA

    Total calculated
    $321,696
    From this org
    $306,982
    From related orgs
    $0
    Other
    $14,714
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $306,982
    Bonus
    not reported
    Other
    not reported
    Deferred
    $14,714
    Nontaxable benefits
    not reported
    Filer's total
    $321,696
  • Yumeka Rushing

    CHIEF STRATE

    Total calculated
    $321,099
    From this org
    $306,982
    From related orgs
    $0
    Other
    $14,117
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $306,982
    Bonus
    not reported
    Other
    not reported
    Deferred
    $14,117
    Nontaxable benefits
    not reported
    Filer's total
    $321,099
  • Janette McCarthy-Wallace

    GENERAL COUN

    Total calculated
    $319,095
    From this org
    $306,982
    From related orgs
    $0
    Other
    $12,113
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $306,982
    Bonus
    not reported
    Other
    not reported
    Deferred
    $12,113
    Nontaxable benefits
    not reported
    Filer's total
    $319,095
  • Junko Kobayashi

    2023 INTERIM

    Total calculated
    $247,112
    From this org
    $233,125
    From related orgs
    $0
    Other
    $13,987
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,125
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,987
    Nontaxable benefits
    not reported
    Filer's total
    $247,112
  • Akosua Ali

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Karen Boykin-Towns

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    2
  • Alphonso Braggs

    ASSISTANT SE

    Total calculated
    $0
    Hours/week
    2
  • Dr Amos Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dr Hazel Dukes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael A Curry Esq

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Leonard James III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Honorable Fred Banks Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jesse H Turner Jr

    TREASURER

    Total calculated
    $0
    Hours/week
    4
  • Thomas Kalahar

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kyra Mitchell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dr Dwayne Proctor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steven Ricard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Madie Robinson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Leon Russell

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Michael Turner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Yvonne White

    ASST TREASUR

    Total calculated
    $0
    Hours/week
    2

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 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

  • POLITICAL VOICE

  • MILK AND HONEY COFFEHOUSE LLC

    $25,000

    SMALL BUSINESS

  • MEEKS VEGAN PIZZA LLC

    $25,000

    SMALL BUSINESS

  • HIREBLACK LLC

    $25,000

    SMALL BUSINESS

  • WORKBNB INC

    $25,000

    SMALL BUSINESS

  • APOSTROPHE PUZZLES

    $25,000

    SMALL BUSINESS

  • TINY COTTAGE CONCEPT LLC

    $25,000

    SMALL BUSINESS

  • DARLYNG AND CO

    $25,000

    SMALL BUSINESS

  • PAPAS FAV LLC

    $25,000

    SMALL BUSINESS

  • DISASTER RELIEF

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
23 November 2024
IRS schema version
2023v5.0
Source object
202433289349300708

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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