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EIN 47-5331017

Blackfem

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Germantown
State
Maryland
Year formed
2015
Most recent tax filings
2023-12-01
NTEE code, primary
P80: Services to Promote the Independence of Specific Population Groups
Description
Blackfem, Inc. is a new york city based nonprofit whose mission is to create opportunities for women and girls of color to build and sustain wealth through wealth and financial literacy education.
Total revenues
$534,996
2023
Total expenses
$880,613
2023
Total assets
$68,105
2023
Num. employees
5
2023

Program areas at Blackfem

Blackfem has addressed key areas of influence - cultural institutions, education systems, policymaking, and families. With a holistic, research backed approach to healing financial trauma. Blackfems curriculum, trainings, and programs help make progress against the root causes of financial inequity in our target communities to improve their wealth building capacity, or undo bias in the systems around them by reshaping local institutions and policies.

Who funds Blackfem

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustSupport To Make Wealth Building Opportunities Fair and Equal for Black Women Nationally Through Research, Engagement, Training and Capacity Building Techniques.$200,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$150,000
Goldman Sachs FoundationGrant To Implement One Million Black Women Initiative Nationally.$150,000
...and 2 more grants received

Personnel at Blackfem

NameTitleCompensation
Chloe McKenzieExecutive Director$0
Heiyab TessemaTreasurer$0
Dee MarshallPresident$0
Jihan DuboseDirector$0
George TepeSecretary$0
...and 1 more key personnel

Financials for Blackfem

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$534,996
Investment income and dividends$0
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$534,996

Form 990s for Blackfem

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990View PDF
2022-122023-03-23990View PDF
2022-062022-11-15990View PDF
2020-062022-09-12990View PDF
2019-062020-08-25990View PDF
...and 4 more Form 990s
Data update history
July 11, 2024
Used new vendors
Identified 2 new vendors, including , and
December 25, 2023
Received grants
Identified 2 new grant, including a grant for $150,000 from Goldman Sachs Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 24, 2023
Received grants
Identified 2 new grant, including a grant for $200,000 from The Chicago Community Trust
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Civic / social organizationsHuman service organizationsCharities
Issues
Human servicesWomen and girls
Characteristics
Partially liquidatedTax deductible donationsAccepts online donations
General information
Address
21030g Frederick Rd
Germantown, MD 20876
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
blackfem.org/ 
Phone
(301) 788-1918
IRS details
EIN
47-5331017
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P80: Services to Promote the Independence of Specific Population Groups
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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