EIN 83-1629682

Black Men Teach

IRS 501(c) type
501(c)(3)
Num. employees
4
Year formed
2018
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Black Men Teach recruits, prepares, places, and retains Black male teachers in elementary schools by building a robust pathway to the teaching profession, beginning in high school and continuing to support men through college and into their teaching. The organization provides up to $20,000 scholarships to its active participants and offers student teaching stipends to ease the financial burden of full-time student teaching. Black Men Teach is located in Hopkins, MN.
Total revenues
$2,189,962
2023
Total expenses
$1,197,873
2023
Total assets
$4,079,646
2023
Num. employees
4
2023

Program areas at Black Men Teach

Student Loan Repayment Program (SLRP). Most teachers graduate school with student loan debt, and Black men have significantly more debt than their white counterparts. This burden often leads men to leave the profession. SLRP pays off the principal amount of student debt held by practicing teachers over a five-year period. For fiscal 2023 fifteen men were directly supported by this program and approximately 390 elementary school students benefited from them remaining in the classroom.
Scholarships-In an effort to offset the financial burden their education, Black Men Teach offers up to $20,000 scholarships to its participants. These scholarships are provided to men who are active participants in our program and are paid at an accelerated rate over four years. The scholarships are $2,000 during the freshman year, $4,000 during the sophomore year, $6,000 during the junior year and $8,000 during the senior year. To qualify, students provide BMT with transcripts, confirming their class status, current course schedules, academic credits and fee statements. BMT offers these as "last dollar" scholarships. In the fiscal 2023, fifteen received scholarships.
Student Teaching Stipend - Student teaching, required to earn a degree and become a licensed teacher, is a significant financial burden for students. Because this activity is full time, for a period of 12 to 16 weeks, it precludes the student from earning outside income from a full or part time job. Therefore, many students leave the teaching track at this late stage because of this burden. BMT assists its teaching candidates by providing a stipend during this part of their education. In fiscal 2023, five student teachers benefited from this program as did approximately 100 elementary school students who were exposed to a Black male teacher.
This being the third full year of Black Men Teach with an executive director and paid staff, much of our program expense was focused on staff time acquiring partnerships with elementary schools, scholarship programs and teacher training programs, as well as on-campus meetings with potential teacher candidates, teaching high school classes introducing seniors to teaching as a career, and much more. In addition to grants in the three primary service areas, other grants included for men obtaining their teacher license through an alternative certification program and to leadership/instructional coaches.

Who funds Black Men Teach

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NewSchools Venture Fund (NSVF)Diverse Leaders & Racial Equity$520,000
The Wem 2000 FoundationTo Assist in Carrying Out the Charitable Purposes of Black Men Teach$300,000
WEM FoundationGeneral$200,000
...and 28 more grants received totalling $1,664,295

Personnel at Black Men Teach

NameTitleCompensation
Michael GoarChief Executive Officer of Catholic Charities of St Paul and Minneapolis$0
Paul GundersonVice President and Human Resources , Coca - Cola$0
Joshua CrossonExecutive Director at Edallies$0
Markus FlynnExecutive Director$133,793
Peter HutchinsonSuperintendent$0
...and 5 more key personnel

Financials for Black Men Teach

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,100,721
Program services$0
Investment income and dividends$89,241
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,189,962

Form 990s for Black Men Teach

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-18990View PDF
2022-062022-12-20990View PDF
2021-062022-01-04990View PDF
2019-122021-10-18990EZView PDF
2019-062020-01-29990EZView PDF
Data update history
September 21, 2024
Received grants
Identified 7 new grant, including a grant for $100,000 from IGRB Foundation
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $20,730 from American Online Giving Foundation
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 4, 2024
Received grants
Identified 1 new grant, including a grant for $31,500 from The Minneapolis Foundation
February 3, 2024
Received grants
Identified 11 new grant, including a grant for $300,000 from The Wem 2000 Foundation
Nonprofit Types
SchoolsEducational service providersCharities
Issues
EducationHuman servicesAfrican Americans
Characteristics
LobbyingPartially liquidatedReceives government fundingEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
370 Wabasha St N Suite 660
Saint Paul, MN 55102
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
blackmenteach.org/ 
Phone
(708) 699-4548
IRS details
EIN
83-1629682
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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