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← BLACK PRODUCT MANAGERS

Form 990 for tax year 2022

Filed by BLACK PRODUCT MANAGERS.

Totals

Total revenue
$433,246
Total expenses
$335,952
Contributions and grants received
$335,400
Grants paid
$0
Program service revenue
$97,846
Investment income
$0
Other revenue
$0
Total assets, end of year
$437,196
Total liabilities, end of year
$577
Net assets or fund balances, end of year
$436,619
Program services expenses (Part IX)
$141,973
Management and general expenses
$189,351
Fundraising expenses
$4,628
Program service expenses (Part III)
$141,973

Program services were 42.3% 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

    $335,400

  • 2a · Program service revenue: MEMBERSHIP FEE

    total $97,846 · related or exempt $97,846

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $127,800 · management and general $127,800

  • 11b · Fees: legal

    total $2,958 · management and general $2,958

  • 11c · Fees: accounting

    total $555 · program services $555

  • 11g · Fees: other

    total $58,438 · management and general $58,438

  • 13 · Office expenses

    total $1,087 · program services $1,087

  • 14 · Information technology

    total $37,179 · program services $37,179

  • 17 · Travel

    total $15,857 · program services $15,857

  • 19 · Conferences, conventions and meetings

    total $68,106 · program services $68,106

  • 23 · Insurance

    total $3,340 · program services $3,340

  • 24a · Other expenses: EQUIPMENT AND SUPPLIES

    total $15,355 · program services $15,355

  • 24b · Other expenses: VOLUNTEER APPRECIATION

    total $4,133 · fundraising $4,133

  • 24c · Other expenses: FUNDRAISING EVENTS

    total $495 · fundraising $495

  • 24d · Other expenses: EDUCATION AND SCIENTIFI

    total $494 · program services $494

  • 24e · All other expenses

    total $155 · management and general $155

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $294,325 · end of year $387,846

  • 4 · Accounts receivable

    beginning of year $45,000 · end of year $49,350

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $577

  • 27 · Net assets without donor restrictions

    beginning of year $339,325 · end of year $436,619

Mission and programs · 2022

Mission

TO CONNECT UNDERREPRESENTED PROFESSIONALS TO EXPERTS, ALLIES AND RESOURCES TO SUCCEED IN THEIR CAREERS.

Activities or mission (Part I)

TO CONNECT UNDERREPRESENTED PROFESSIONALS TO EXPERTS AND ALLIES TO SUCCEED IN THEIR CAREERS.

  • BPM MADE A MASSIVE IMPACT IN 2022. SPECIFICALLY, WE LAUNCHED ADDITIONAL COHORTS OF OUR LEVEL UP PROGRAM GEARED TOWARD HELPING BLACK PRODUCT MANAGERS UP LEVEL THEIR SKILLS AND GAIN NEW ROLES IN PRODUCT MANAGEMENT. IN OUR 8-WEEK PROGRAM ACROSS 2 COHORTS, WE HAD 1,000 APPLICANTS AND 125 PARTICIPANTS ACCEPTED TO THE PROGRAM. 95% OF PARTICIPANTS COMPLETED THE PROGRAM. WE ALSO PARTNERED WITH OVER 25 COMPANIES IN THE UNITED STATES AND HOSTED 20 VIRTUAL AND IN-PERSON PRODUCT WORKSHOPS FOR OUR MEMBERS. OUR SIGNATURE BPM CONFERENCE HOSTED OVER 350 DIVERSE PRODUCT MANAGERS OVER 3 DAYS IN SAN FRANCISCO, CA. WE HAD PREEMINENT SPEAKERS LIKE THE CPO OF META AND SAW OUR SPONSORS USE THE EVENT AS AN OPPORTUNITY TO RECRUIT OUR MEMBERS AND ATTENDEES INTO NEW ROLES. IN 2022 WE HELPED MORE THAN 150 UNDERREPRESENTED PRODUCT PROFESSIONALS LAND JOB OFFERS OR OBTAIN A PROMOTION. FINALLY, IN 2022 WE OFFICIALLY GREW OUR COMMUNITY TO OVER 2,000+ MEMBERS.

    Expenses $141,973 · Revenue $97,846

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • KEVIN WEIL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • MARYANNA QUIGGLES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • BRITTANY BANKSTON

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • JULES WALTER

    CHAIRPERSON OF THE BOARD

    Total calculated
    $0
    Hours/week
    3

  • AMMA BOFA

    CHIEF OPERATING OFFICER

    Total calculated
    $127,800
    From this org
    $127,800
    From related orgs
    $0
    Other
    $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
2022
Filed
14 September 2023
IRS schema version
2022v5.0
Source object
202332839349300833

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