Skip to content
Nonprofiteer
← BLACK LEADERS DETROIT

Form 990 for tax year 2024

Filed by BLACK LEADERS DETROIT.

Totals

Total revenue
$2,228,221
Total expenses
$1,466,771
Contributions and grants received
$2,228,221
Grants paid
$453,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$2,709,982
Total liabilities, end of year
$252,901
Net assets or fund balances, end of year
$2,457,081
Program services expenses (Part IX)
$1,031,503
Management and general expenses
$188,232
Fundraising expenses
$247,036
Program service expenses (Part III)
$1,031,503

Program services were 70.3% 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

    $2,228,221

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $453,000 · program services $453,000

  • 7 · Other salaries and wages

    total $471,334 · program services $306,367 · management and general $94,267 · fundraising $70,700

  • 9 · Other employee benefits

    total $41,442 · program services $26,937 · management and general $8,289 · fundraising $6,216

  • 10 · Payroll taxes

    total $45,763 · program services $29,746 · management and general $9,153 · fundraising $6,864

  • 11g · Fees: other

    total $113,191 · management and general $44,434 · fundraising $68,757

  • 12 · Advertising and promotion

    total $50,731 · program services $38,048 · fundraising $12,683

  • 13 · Office expenses

    total $36,808 · program services $11,882 · management and general $20,681 · fundraising $4,245

  • 16 · Occupancy

    total $8,690 · management and general $8,690

  • 17 · Travel

    total $12,396 · program services $12,396

  • 19 · Conferences, conventions and meetings

    total $7,524 · program services $4,514 · fundraising $3,010

  • 22 · Depreciation, depletion and amortization

    total $2,718 · management and general $2,718

  • 24a · Other expenses: Program expenses

    total $223,174 · program services $148,613 · fundraising $74,561

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $813,188 · end of year $749,083

  • 4 · Accounts receivable

    beginning of year $50,000

  • 7 · Other notes and loans receivable

    beginning of year $950,139 · end of year $1,957,291

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

    $10,480

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

    $6,872

  • 10c · Land, buildings and equipment, net

    beginning of year $6,327 · end of year $3,608

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,023 · end of year $2,901

  • 24 · Unsecured notes and loans payable

    beginning of year $100,000 · end of year $250,000

  • 27 · Net assets without donor restrictions

    beginning of year $1,270,631 · end of year $1,532,081

  • 28 · Net assets with donor restrictions

    beginning of year $425,000 · end of year $925,000

Mission and programs · 2024

Mission

To provide financial support for diverse social and community impact projects originated and led by Detroiters of African descent.

  • Black Leaders Detroit (BLD) issued $1,217,500 in no-interest loans and $362,000 in grants. BLD helped provide a significant financial boost to businesses and nonprofits owned by individuals of African Descent, which often struggle to access adequate funding. BLD proudly welcomed college interns to assist in the enhancement of our Rising Black Leaders programan entrepreneurial initiative designed to empower and invest in high school school scholars through transformative grants. We also celebrated the spirit of entrepreneurship with the EnterpreneuHERs Brunch, a high-energy, speed-dating style pitch competition that highlighted the dynamism and ingenuity of women entrepreneurs of African descent. BLD also spearheaded a series of activations throughout Detroit, promoting the importance of shopping local and supporting our vibrant Black business community. These initiatives are all part of our commitment to fueling creativity, innovation, and economic empowerment.

    Expenses $1,031,503 · Revenue $2,228,225

As filed on the 2024 return.

Listed in Part VII

  • Quan Neloms

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Dominique Campbell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Shannon Gaston

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Duante Anderson

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Leslie D Dandridge

    CEO

    Total calculated
    $0
    Hours/week
    40

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 May 2025
IRS schema version
2024v5.2
Source object
202533219349327623

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

The source document this was parsed from is served over the API, which is where bulk and document access live.