2025-03-05T11:39:46-05:00 2023-12-31 990 2023-01-01 521427774 Associated Black Charities Inc % Chris M Thornton ASSO 4106590000 2 Hamill Road East Quadrangle 302 Baltimore MD 21210 Chris Thornton CEO 2025-03-06 2023 2025-03-06 01:10:19Z X Chris M Thornton 2 Hamill Road East Quadrangle 302 Baltimore MD 21210 2205183 false X https: www.associatedblackcharities.org X 1986 MD See schedule O 19 19 17 45 0 0 5077315 1806700 0 285167 -186330 113316 0 0 4890985 2205183 3340551 0 0 0 1512011 944644 0 0 64421 798379 930141 5650941 1874785 -759956 330398 2917139 2875473 816284 444220 2100855 2431253 See schedule O false false 633109 0 0 ABC Academy: Our leadership development program designed to empower individuals with tools and training focused on racial equity leadership and professional growth. The Academy has been instrumental in training Black leaders to drive change in their families workplace and communities. 92901 0 0 Teen Financial Literacy Summit: Designed to equip Black youth with the financial knowledge and skills needed for long-term success this summit is a critical part of our work in empowering the next generation. 52801 0 0 Equity in Action Conference: This annual event convenes community leaders policymakers and advocates to discuss strategies for embedding equity in all areas of public life. It is a cornerstone of our work in Baltimore offering actionable insights and tools for change. 70741 0 0 See Schedule O 70741 0 0 849552 true true false false false true false false false false true false false true true false false false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 26 0 17 true false false false false false false false 0 false false false false false 19 19 false false false false true false false true true false false true true true true true true true true false MD X X Chris Thornton 4106590000 2 Hamill Road East Quadrangle 302 Baltimore MD 21210 X Chris Thornton President and CEO 40.00 0.00 X 205961 0 0 Diane Bell-McCoy Former CEO 0.00 0.00 X 141392 0 0 Laurie Benner Director 1.00 0.00 X 0 0 0 Cylia Lowe-Smith Director 1.00 0.00 X 0 0 0 Tawana Bhagwat Chairperson 2.00 0.00 X X 0 0 0 Thibault Manekin Director 1.00 0.00 X 0 0 0 Jason Murphy Director 1.00 0.00 X 0 0 0 Damien Myers MD MPH Director 2.00 0.00 X X 0 0 0 Christopher R Rockey Director 1.00 0.00 X 0 0 0 Taber J Small Director 1.00 0.00 X 0 0 0 Zed Smith Director 1.00 0.00 X 0 0 0 Granville Templeton III Esq Director 1.00 0.00 X 0 0 0 Tony Torain II Esq Vice Chair 1.00 0.00 X 0 0 0 Allyson Black Director 1.00 0.00 X 0 0 0 Michelle M Brown Director 1.00 0.00 X 0 0 0 Byron T Deese Director 1.00 0.00 X 0 0 0 Kenneth Grant Treasurer 2.00 0.00 X X 0 0 0 Reginald Haysbert Director 1.00 0.00 X 0 0 0 Chemo Hurley Director 1.00 0.00 X 0 0 0 Bianca J Jackson Director 1.00 0.00 X 0 0 0 Brandon Lockett Director 1.00 0.00 X 0 0 0 347353 0 0 2 true true false 0 0 476172 0 628270 702258 0 1806700 Program Income 243872 243872 0 0 Fee for Service 29100 29100 0 0 Sales 9167 9167 0 0 Interst 3028 3028 0 0 0 0 0 0 0 0 0 0 285167 113316 113316 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2205183 398483 0 0 0 0 0 0 0 0 0 0 225000 120540 104460 0 0 0 0 0 551234 316648 197452 37134 4325 0 4325 0 104103 54207 49896 0 59982 42009 15574 2399 0 0 0 0 4712 0 4712 0 58855 0 58855 0 0 0 0 0 0 0 0 0 0 0 146241 105075 40366 800 19416 2854 16562 0 14346 46 11035 3265 55745 0 55745 0 0 0 0 0 46145 250 45895 0 9722 489 9233 0 0 0 0 0 208912 200268 8144 500 0 0 0 0 0 0 0 0 5433 0 5433 0 8806 0 8806 0 Executive Severance 141392 0 141392 0 Supplies 93312 5107 85882 2323 Dues & Subscriptions 51996 0 33996 18000 Printing and Publications 9617 2059 7558 0 55491 0 55491 0 1874785 849552 960812 64421 0 0 0 0 1980347 1488251 0 0 0 0 10159 33500 0 0 0 0 0 0 0 0 26950 26838 95871 64217 16371 31654 832783 946053 0 0 0 0 0 0 50529 349177 2917139 2875473 62021 80902 0 0 628270 12500 0 0 0 0 0 0 0 0 0 0 125993 350818 816284 444220 X 2100855 2431253 0 0 2100855 2431253 2917139 2875473 330398 0 0 0 0 0 X false false false X 21517481 19944869 14821641 5077315 1230434 62591740 0 0 0 0 0 0 0 0 0 0 0 0 21517481 19944869 14821641 5077315 1230434 62591740 0 62591740 144516 97192 15299 -186330 118168 188845 0 0 0 0 0 0 0 0 0 0 0 0 62780585 0 0.9970 0.9983 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 true true 8262 2959 5303 60108 51138 8970 27501 10120 17381 31654 Right of Use Asset 349177 349177 Operating Lease Liability 350818 350818 Gala 423254 0 423254 0 0 201426 0 72113 1793 Showtime 52918 0 52918 0 0 0 0 52750 0 0 0 0 0 0 0 0 0 0 476172 0 476172 0 0 201426 0 124863 1793 328082 148090 X X true false false false false false false false false Chris Thornton President and CEO 200000 0 25000 0 0 0 0 0 0 0 225000 0 0 0 Damien Myers MD MPH Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Christopher R Rockey Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Taber J Small Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Zed Smith Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Granville Templeton III Esq Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Tony Torain II Esq Vice Chair 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Allyson Black Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Michelle M Brown Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Byron T Deese Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Kenneth Grant Treasurer 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Reginald Haysbert Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Chemo Hurley Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Bianca J Jackson Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Brandon Lockett Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Brandon Lockett Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Part I Line 4a | Name :, Amount:| Diane Bell-McCoy, 141392| Item B - Amended Return Following the completion of our annual financial audit a material adjustment was identified that impacted the balance sheet. This adjustment was necessary to ensure the organizations financial statements accurately reflect its financial position in accordance with Generally Accepted Accounting Principles GAAP. The independent audit revealed discrepancies between previously reported balances and the audited financials requiring corrections to align Form 990 with the finalized statements. Part VI, Line 6 See Schedule O Part VI, Line 12c See Schedule O Part VI, Line 15 See Schedule O Part VI, Line 19 See Schedule O Part I Line 1 | Explanation:| In 2023 Associated Black Charities ABC expanded its reach by launching new programmatic initiatives. ABC is leading the charge by offering critical programming initiatives and advocacy designed to confront structural racism. Our relevance is reflected in our current work to create equitable solutions that not only address the needs of Black communities today but also provide long-term sustainability for future generations. We are tackling the digital divide advancing leadership opportunities for young Black professionals and driving conversations around racial equity in workplaces and communities. ABC is deeply committed to advocacy work in our key focus areas: the racial wealth gap workplace discrimination education housing health equity and criminal justice reform. We actively engage in conversations with local state and national leaders to promote policies and practices that create equitable opportunities for Black people. Our work extends beyond immediate programmingwe are committed to stewarding an agenda for Black progress in Baltimore that can serve as a model for cities across the country. Part III Line 1 | Explanation:| Associated Black Charities ABC is a racial equity organization that works as an educator advocate supporter and convener to address and eliminate the barriers created by structural racism and to advance long-term solutions that create new opportunities for Black people to thrive. As a catalyst for racial and economic equity ABC empowers Black communities by addressing systemic barriers to opportunity. Through advocacy education leadership development and strategic partnerships ABC strives to eliminate disparities in access to resources. Part III Line 4 | Explanation:| ABCs extensive programming and initiatives are designed to address the systemic issues impacting Baltimores Black community and to create pathways for equity and empowerment. Program accomplishments include: ABC Academy: Our leadership development program designed to empower individuals with tools and training focused on racial equity leadership and professional growth. The Academy has been instrumental in training Black leaders to drive change in their families workplaces and communities. Equity at Work Webinars & Equity First Webinars: These webinars bring together thought leaders advocates and professionals to discuss embedding racial equity into workplace policies and practices. They focus on creating inclusive environments where Black employees can thrive. Board Pipeline Leadership Development Training Program: This program prepares Black professionals for board leadership roles ensuring that Black voices are represented in decision-making spaces across Baltimores nonprofit and civic organizations. Young Leaders Board Pipeline: A one-day in-person cohort experience designed to prepare young Black leaders aged 16-24 for board leadership positions. This program is critical in fostering the next generation of Black civic and community leaders. Community Conversations: Our monthly public forums held in Baltimore neighborhoods are designed to facilitate honest discussions about racial equity wealth gaps and social justice. These conversations engage diverse perspectives and serve as platforms for educating and mobilizing the community. Film Screenings and Panel Discussions: ABC organizes film screenings such as Squeegee and Walking While Black: L.O.V.E. Is the Answer followed by panel discussions on topics like racial equity youth empowerment and police accountability. These events are designed to foster dialogue and action around pressing social issues. Racial Equity Trainings and Fee-for-Service Work: Using the framework of our Ten Essential Questions for racial equity ABC provides customized trainings to organizations including partnerships with City departments such as the Mayors Office of Homeless Services. These services help organizations embed racial equity into their practices. Baltimore Black Racial Equity Organization Summit & Health Equity Alliance: ABC is a driving force behind these gatherings which bring together organizations and leaders to strategize and collaborate on advancing racial equity and health equity in Baltimore. Equity in Action Conference: This annual event convenes community leaders policymakers and advocates to discuss strategies for embedding equity in all areas of public life. It is a cornerstone of our work in Baltimore offering actionable insights and tools for change. The Cookout: A community-building event focused on fostering solidarity celebrating Black culture and advancing the movement toward racial equity. Women on the Move & Mens Night Out: These signature events focus on empowering and uplifting Black women and men through networking leadership development and community engagement. ABC Revival: A community event that recharges our commitment to racial equity highlights our partnerships within the faith community and strengthens our connections with the communities we serve. The Black Leadership Circle: A network of Black leaders and professionals committed to advancing racial equity through collective action and shared leadership. Teen Financial Literacy Summit: Designed to equip Black youth with the financial knowledge and skills needed for long-term success this summit is a critical part of our work in empowering the next generation. Part VI Line 6 | Explanation:| ABC has a community of program partners supporters followers and stakeholders but does not have a formal membership model. We do maintain a professional network of advocates for equity across sectors. However community partnerships do not convey voting rights on governance matters. Part VI Line 11 | Explanation:| The Finance Committee reviews the Form 990 in detail before presenting it to the Board of Directors for feedback. After any adjustments the full Board approves the final version prior to filing. This ensures transparency and accountability in reporting. Part VI Line 12 | Explanation:| All Board members and officers are required to sign a conflict-of-interest policy at the beginning of their term and at the start of each calendar year. An annual review is conducted to confirm compliance and any potential conflicts are disclosed to the Executive Committee which addresses them as needed. This process ensures that decisions are made in the best interest of the organization. Part VI Line 15 | Explanation:| ABCs Executive Committee composed of independent directors reviews the President and CEOs compensation annually based on performance objectives market data and organizational achievements. Recommendations are brought to the full Board for approval and the process is documented in Board meeting minutes. Part VI Line 19 | Explanation:| ABC publishes its annual financial statements governing documents and Form 990 on its website. The conflict-of-interest policy is available upon request and digital copies of the Form 990 are also provided to Guidestar.org.