CONGRESSIONAL BLACK CAUCUS FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CONGRESSIONAL BLACK CAUCUS FOUNDATION INC (EIN 52-1160561)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-15
IRS object ID
202123199349319132
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-15T15:04:36-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132781641PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MITCHELL & TITUS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 PINE STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521160561EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CONGRESSIONAL BLACK CAUCUS FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCONGBusinessNameControlTxt
Phone2022632800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11720 MASSACHUSETTS AVENUE NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMR DAVID HINSONPersonNm
Person TitlePRESIDENT AND CEOPersonTitleTxt
Phone2022632800PhoneNum
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMRPersonFirstNm
Person LastDAVID HINSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK E DAVIS JRPreparerPersonNm
PTINP00446023PTIN
Phone2127094500PhoneNum
Preparation2021-11-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMS TONYA VEASEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11720 MASSACHUSETTS AVENUE NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$13,014,285GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CBCFINC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1976FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO ADVANCE THE BLACK COMMUNITY BY DEVELOPING LEADERS, INFORMING POLICY, & EDUCATING THE PUBLIC.ActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee30TotalEmployeeCnt
Total Volunteers120TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,976,372PYContributionsGrantsAmt
CY Contributions Grants$9,101,719CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$70,612PYInvestmentIncomeAmt
CY Investment Income$6,805CYInvestmentIncomeAmt
PY Other Revenue$1,764,237PYOtherRevenueAmt
CY Other Revenue$754,428CYOtherRevenueAmt
PY Total Revenue$6,811,221PYTotalRevenueAmt
CY Total Revenue$9,862,952CYTotalRevenueAmt
PY Grants And Similar Paid$1,329,118PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$946,258CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,000,756PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,791,085CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$652,044CYTotalFundraisingExpenseAmt
PY Other Expenses$3,316,953PYOtherExpensesAmt
CY Other Expenses$1,103,064CYOtherExpensesAmt
PY Total Expenses$7,646,827PYTotalExpensesAmt
CY Total Expenses$4,840,407CYTotalExpensesAmt
PY Revenues Less Expenses-$835,606PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,022,545CYRevenuesLessExpensesAmt
Total Assets BOY$8,782,484TotalAssetsBOYAmt
Total Assets EOY$14,722,892TotalAssetsEOYAmt
Total Liabilities BOY$497,154TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,415,017TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,285,330NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,307,875NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE CONGRESSIONAL BLACK CAUCUS FOUNDATION, INC. (CBCF) IS A NONPROFIT, NONPARTISAN PUBLIC POLICY, RESEARCH AND EDUCATIONAL INSTITUTE THAT AIMS TO HELP IMPROVE THE SOCIOECONOMIC CIRCUMSTANCES OF AFRICAN AMERICANS AND OTHER UNDERSERVED COMMUNITIES. FOUNDED IN 1976 AND BASED IN WASHINGTON, D.C., CBCF ENVISIONS A WORLD IN WHICH THE BLACK COMMUNITY IS FREE OF ALL DISPARITIES AND ABLE TO CONTRIBUTE FULLY TO ADVANCING THE COMMON GOOD. ITS MISSION IS TO ADVANCE THE GLOBAL BLACK COMMUNITY BY DEVELOPING LEADERS, INFORMING POLICY AND EDUCATING THE PUBLIC. IT IS ACHIEVING THAT MISSION BY: FACILITATING THE EXCHANGE OF IDEAS AND INFORMATION TO ADDRESS CRITICAL ISSUES AFFECTING OUR COMMUNITIES; DEVELOPING STRATEGIC RESEARCH AND HISTORICAL RESOURCES FOR THE PUBLIC; PROVIDING LEADERSHIP DEVELOPMENT AND SCHOLARSHIP OPPORTUNITIES; DEVELOPING EFFECTIVE PROGRAMS AND RESEARCH TO ADDRESS SOCIAL, ECONOMIC AND HEALTH DISPARITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,590,168ExpenseAmt
Grant$946,258GrantAmt
DescLEADERSHIP INSTITUTE THE CONGRESSIONAL BLACK CAUCUS FOUNDATION, INC, (CBCF) LEADERSHIP INSTITUTE OFFERS A MYRIAD OF PROGRAMS AIMED AT BUILDING THE NEXT GENERATION OF LEADERS TO INCLUDE INTERNSHIPS, FELLOWSHIPS, SCHOLARSHIPS, AND STUDY ABROAD PROGRAMS, OPPORTUNITIES ARE PROVIDED TO AFRICAN AMERICAN EMERGING LEADERS INTERESTED IN GAINING THE FIRST-HAND EXPERIENCE IN PUBLIC POLICY MAKING AS WELL AS DULY COMMITTED TO ADDRESSING SOCIAL INEQUALITIES AMONG UNDERSERVED GROUPS. INTERNSHIPS ARE OFFERED IN THE SPRING AND FALL AND THE SUMMER ALONG WITH PROFESSIONAL DEVELOPMENT LEADERSHIP TRAINING. FELLOWSHIPS ARE FOR 20-MONTHS ALLOWING YOUNG PROFESSIONALS TO GAIN EXPERIENCE WORKING ON CAPITOL HILL IN BOTH MEMBER OFFICES, THE HOUSE AND SENATE COMMITTEES. SCHOLARSHIPS ARE PROVIDED TO HIGH SCHOOL QUALIFIED STUDENTS AND CONTINUING EDUCATION COLLEGE STUDENTSDesc
Total Program Service Expenses$3,590,168TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document120IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee30EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2022632800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11720 MASSACHUSETTS AVENUE NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
REP CEDRIC RICHMOND
CHAIR UNTIL 11/201.00Yes (X)Yes (X)$0$0$0
PAMELA G ALEXANDER
DIRECTOR1.00Yes (X)$0$0$0
REP JOYCE BEATTY
DIRECTOR1.00Yes (X)$0$0$0
RONALD BLAYLOCK
DIRECTOR1.00Yes (X)$0$0$0
AISHA BOWE
DIRECTOR1.00Yes (X)$0$0$0
KEIVIN BROWN
DIRECTOR1.00Yes (X)$0$0$0
SHANTI DAS
DIRECTOR1.00Yes (X)$0$0$0
REP DWIGHT EVANS
DIRECTOR1.00Yes (X)$0$0$0
REP KAREN BASS
DIRECTOR1.00Yes (X)$0$0$0
AL SMITH
DIRECTOR1.00Yes (X)$0$0$0
CHAKA BURGES
EX-OFFICIO1.00Yes (X)$0$0$0
DEDE LEA
DIRECTOR1.00Yes (X)$0$0$0
DIANE CLEVER
DIRECTOR1.00Yes (X)$0$0$0
EARLE JONES
DIRECTOR1.00Yes (X)$0$0$0
FRED HUMPRHRIES
DIRECTOR1.00Yes (X)$0$0$0
HENRY LOUIS GATES
DIRECTOR1.00Yes (X)$0$0$0
JANICE BRYANT- HOWRYOD
DIRECTOR1.00Yes (X)$0$0$0
JULIA SIMON
DIRECTOR1.00Yes (X)$0$0$0
KEITH MAGEE
DIRECTOR1.00Yes (X)$0$0$0
KEVIN BROWN
DIRECTOR1.00Yes (X)$0$0$0
KEVIN WASHINGTON
DIRECTOR1.00Yes (X)$0$0$0
LEONARD JAMES
DIRECTOR1.00Yes (X)$0$0$0
LONNIE JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
LORI BILLINGSLEY
DIRECTOR1.00Yes (X)$0$0$0
REP ALCEE HASTINGS
DIRECTOR1.00Yes (X)$0$0$0
KENDRICK MEEKS
EX OFFICIO1.00Yes (X)$0$0$0
REP MARCIA FUDGE
DIRECTOR1.00Yes (X)$0$0$0
REP SHELIA JACKSON LEE
DIRECTOR1.00Yes (X)$0$0$0
TAMMY JONES
DIRECTOR1.00Yes (X)$0$0$0
TROY NASH
DIRECTOR1.00Yes (X)$0$0$0
TONYA VEASEY
PRESIDENT AND CEO40.00Yes (X)$275,674$0$0
DAVID HINSON
CEO UNTIL 09/2040.00Yes (X)$160,383$0$0
DEIDRA BARKSDALE
CFO40.00Yes (X)$179,618$0$0
DONNA FISHER LEWIS
VP OF DEVELOPMENT40.00Yes (X)$119,574$0$0
CHRISTOPHER EPPS
VP OF MARKETING40.00Yes (X)$100,446$0$0
ERICA SOUTHERLAND
MARKETING DIRECTOR40.00Yes (X)$100,298$0$0
MENNA DEMESSIE
VP OF PROGRAMS40.00Yes (X)$154,061$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,090,054TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$846,097FundraisingAmt
All Other Contributions$8,255,622AllOtherContributionsAmt
Total Contributions$9,101,719TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,805TotalRevenueColumnAmt
Exclusion$6,805ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$3,861,708FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$846,097ContriRptFundraisingEventAmt
Fundraising Direct Expenses$3,151,333FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$710,375TotalRevenueColumnAmt
Exclusion$710,375ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Total Revenue Column$44,053TotalRevenueColumnAmt
Exclusion$44,053ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$44,053OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,862,952TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$761,233ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$946,258TotalAmt
Program Services$946,258ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,065,054TotalAmt
Program Services$719,492ProgramServicesAmt
Management And General$151,199ManagementAndGeneralAmt
Fundraising$194,363FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,541,364TotalAmt
Program Services$1,041,261ProgramServicesAmt
Management And General$218,817ManagementAndGeneralAmt
Fundraising$281,286FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$21,597TotalAmt
Program Services$14,590ProgramServicesAmt
Management And General$3,066ManagementAndGeneralAmt
Fundraising$3,941FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$163,070TotalAmt
Program Services$110,161ProgramServicesAmt
Management And General$23,150ManagementAndGeneralAmt
Fundraising$29,759FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$18,846TotalAmt
Program Services$11,997ProgramServicesAmt
Management And General$3,864ManagementAndGeneralAmt
Fundraising$2,985FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$362,690TotalAmt
Program Services$230,870ProgramServicesAmt
Management And General$74,366ManagementAndGeneralAmt
Fundraising$57,454FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,000TotalAmt
Program Services$8,275ProgramServicesAmt
Management And General$2,666ManagementAndGeneralAmt
Fundraising$2,059FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$250,082TotalAmt
Program Services$159,190ProgramServicesAmt
Management And General$51,277ManagementAndGeneralAmt
Fundraising$39,615FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$266,609TotalAmt
Program Services$137,869ProgramServicesAmt
Management And General$105,853ManagementAndGeneralAmt
Fundraising$22,887FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,031TotalAmt
Program Services$6,828ProgramServicesAmt
Management And General$203ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,053TotalAmt
Program Services$6,750ProgramServicesAmt
Management And General$5,999ManagementAndGeneralAmt
Fundraising$304FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$84,757TotalAmt
Program Services$84,757ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$24,330TotalAmt
Program Services$625ProgramServicesAmt
Management And General$23,705ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$72,169TotalAmt
Program Services$37,121ProgramServicesAmt
Management And General$28,559ManagementAndGeneralAmt
Fundraising$6,489FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$80,901TotalAmt
Program Services$41,613ProgramServicesAmt
Management And General$32,014ManagementAndGeneralAmt
Fundraising$7,274FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
TRAINING & REFERENCE MA$27,349$24,660$1,193$1,496
GIFTS & AWARDS$1,146$1,146
MISCELLANEOUS-$118,899$7,851-$128,882$2,132

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,840,407TotalAmt
Program Services$3,590,168ProgramServicesAmt
Management And General$598,195ManagementAndGeneralAmt
Fundraising$652,044FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$738,956BOYAmt
EOY$6,684,340EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,848,829BOYAmt
EOY$3,867,170EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$982,143BOYAmt
EOY$2,245,583EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$236,310BOYAmt
EOY$13,810EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,603,518LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,812,336LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,864,878BOYAmt
EOY$1,791,182EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$111,368BOYAmt
EOY$120,807EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,782,484BOYAmt
EOY$14,722,892EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$497,154BOYAmt
EOY$444,444EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$970,573EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$497,154BOYAmt
EOY$1,415,017EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,451,741BOYAmt
EOY$9,477,256EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,833,589BOYAmt
EOY$3,830,619EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,285,330BOYAmt
EOY$13,307,875EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,782,484BOYAmt
EOY$14,722,892EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,022,545ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,776,629CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,981,724CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,486,849CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,005,893CurrentTaxYearMinus1YearAmt
Current Tax Year$9,101,719CurrentTaxYearAmt
Total$34,352,814TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,776,629CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,981,724CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,486,849CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,005,893CurrentTaxYearMinus1YearAmt
Current Tax Year$9,101,719CurrentTaxYearAmt
Total$34,352,814TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,389,644SubstantialContributorsTotAmt
Public Support Total170$29,963,170PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,062CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,838CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$34,995CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$91,352CurrentTaxYearMinus1YearAmt
Current Tax Year$6,805CurrentTaxYearAmt
Total$207,052TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$44,053CurrentTaxYearAmt
Total$44,053TotalAmt
FieldValueIRS element (for citing)
Total Support$34,603,919TotalSupportAmt
Gross Receipts Rltd Activities$3,008,598GrossReceiptsRltdActivitiesAmt
Public Support CY1700.86590PublicSupportCY170Pct
Public Support PY1700.81380PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$277,794OtherCostOrOtherBasisAmt
Book Value$277,794BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,704,546OtherCostOrOtherBasisAmt
Depreciation$2,192,650DepreciationAmt
Book Value$1,511,896BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,032,672OtherCostOrOtherBasisAmt
Depreciation$1,031,180DepreciationAmt
Book Value$1,492BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$588,506OtherCostOrOtherBasisAmt
Depreciation$588,506DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,791,182TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$9,862,952TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$9,862,952RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,862,952TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,840,407TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,840,407ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,840,407TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT ANALYZED THE TAX POSITIONS TAKEN BY CBCF AND CONCLUDED THAT AS OF DECEMBER 31, 2020, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN OR ARE EXPECTED TO BE TAKEN. ACCORDINGLY, NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS HAVE BEEN ACCRUED IN THE ACCOMPANYING FINANCIAL STATEMENTS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1CONFERENCE FUNDRAISEREvent1Nm
Gross Receipts Event1$4,707,805GrossReceiptsEvent1Amt
Charitable Contri Event1$846,097CharitableContriEvent1Amt
Gross Revenue Event1$3,861,708GrossRevenueEvent1Amt
Non Cash Prizes Event1$34,093NonCashPrizesEvent1Amt
Rent Facility Costs Event1$1,136,419RentFacilityCostsEvent1Amt
Food And Beverage Event1$36,320FoodAndBeverageEvent1Amt
Entertainment Event1$1,243,099EntertainmentEvent1Amt
Other Direct Expenses Event1$701,402OtherDirectExpensesEvent1Amt
Event2SCHOLARSHIP FUNDRAISEREvent2Nm
Gross Receipts Total$4,707,805GrossReceiptsTotalAmt
Charitable Contributions Tot$846,097CharitableContributionsTotAmt
Gross Revenue Total Events$3,861,708GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$34,093NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$1,136,419RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$36,320FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,243,099EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$701,402OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$3,151,333DirectExpenseSummaryEventsAmt
Net Income Summary$710,375NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIPS225$525,160
STIPENDS120$266,450
HOUSING0$172,720

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSTUDENTS APPLY ONLINE FOR THE INTERNSHIP PROGRAMS. AFTER THE DEADLINE, AN INTERNAL GROUP SCREENS APPLICATIONS TO DETERMINE ELIGIBILITY AND SUITABILITY. SEPARATE COMMITTEES THEN SELECT INTERNS AND CBCF IDENTIFIES APPROPRIATE PLACEMENT FOR EACH CONFIRMED INTERN. INTERNS RECEIVE A BI-WEEKLY STIPEND AND HOUSING DURING THEIR PROGRAM. STUDENTS APPLY ONLINE FOR THE SCHOLARSHIP PROGRAMS. AFTER THE DEADLINE, AN INTERNAL GROUP IDENTIFIES ELIGIBLE APPLICANTS AND SEPARATE COMMITTEES SELECT AWARD RECIPIENTS. RECIPIENTS ARE NOTIFIED AND CBCF BEGINS PROCESSING THEIR AWARD DISTRIBUTION FOR THE UPCOMING ACADEMIC YEAR. ONE-TIME DISBURSEMENTS ARE SENT TO SCHOOLS AND CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT BETWEEN THE MONTHS OF AUGUST AND NOVEMBER. DISBURSEMENTS DIVIDED BETWEEN TWO SEMESTERS IN THE ACADEMIC YEAR ARE DISBURSED BETWEEN AUGUST AND NOVEMBER AND THEN JANUARY AND FEBRUARY.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
TONYA VEASEY
PRESIDENT AND CEO$250,674$0$25,000$0$0$0$0$0$0$0$275,674$0$0$0
DAVID HINSON
CEO UNTIL 09/20$160,383$0$0$0$0$0$0$0$0$0$160,383$0$0$0
DEIDRA BARKSDALE
CFO$179,618$0$0$0$0$0$0$0$0$0$179,618$0$0$0
MENNA DEMESSIE
VP OF PROGRAMS$154,061$0$0$0$0$0$0$0$0$0$154,061$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS FIRST REVIEWED BY SENIOR ACCOUNTANT AFTER WHICH IT IS SUBMITTED TO THE PRESIOENT/CEO FOR FINAL APPROVAL
FORM 990, PART VI, SECTION B, LINE 15THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIAL OR KEY EMPLOYEES INCLUDES A REVIEW OF THE CANDIDATES QUALIFICATIONS, REFERENCES, AND CONDUCTED INTERVIEW BY AN INDEPENDENT PERSON WITH COMPENSATION DECISIONS BASED ON COMPARABILITY DATA, DELIBERATION AND DECISION MADE BY THE PERSONNEL COMMITTEE AND CBCF BOARD.
FORM 990, PART VI, SECTION C, LINE 19EACH YEAR CBCF POST ITS ANNUAL REPORT ON ITS WEBSITE WHICH INCLUDES THE FINANCIAL STATEMENTS, FUNDING, DONORS CONTRIBUTION AND PROGRAM ACCOMPLISHMENTS

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