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Black Student Fund

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$216k (2023)

Expenses
$399k (2023)

Total Assets
$45.4k (2023)

Total Liabilities
$675 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$216,438
Expenses
$399,047
Net Income
-$182,609
Net Assets
$44,697
Notable Sources of Revenue Percent of Total Revenue
Contributions $195,916
90.5%
Program Services $26,254
12.1%
Investment Income $322
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$6,405
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $351
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $62,500
15.7%
Professional Fundraising Fees $0
Other Salaries and Wages $128,967
32.3%
Assets/Debt
Total Assets $45,372
Total Liabilities $675
Net Assets $44,697
Compensation
Key Employees and Officers Compensation Related Other
Leroy Nesbitt Jr (Executive Director) $60,000 $0 $0
Joel Kanter (Board Chair) $0 $0 $0
Mark D Schneider (Trustee) $0 $0 $0
Dwight Franklin Jr (Trustee) $0 $0 $0
Olutosin Aje Adegbite (Trustee) $0 $0 $0
Sean A Floyd (Trustee) $0 $0 $0
Adewale Omoniyi (Trustee) $0 $0 $0
Jeanie Carr (Trustee) $0 $0 $0
Breon N Wells (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$448,097
Expenses
$347,224
Net Income
$100,873
Net Assets
$210,545
Notable Sources of Revenue Percent of Total Revenue
Contributions $407,006
90.8%
Program Services $38,232
8.5%
Investment Income $82
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $2,777
0.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
17.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $212,837
Total Liabilities $2,292
Net Assets $210,545
Compensation
Key Employees and Officers Compensation Related Other
Leroy Nesbitt Jr (Executive Director) $60,000 $0 $0
Joel Kanter (Board Chair) $0 $0 $0
Richard Snowdon (Trustee) $0 $0 $0
Jeanie Carr (Trustee) $0 $0 $0
Hon John Chapman (Trustee) $0 $0 $0
Dwight Franklin Jr (Trustee) $0 $0 $0
Olutosin Aje Adegbite (Trustee) $0 $0 $0
Sean A Floyd (Trustee) $0 $0 $0
Adewale Omoniyi (Trustee) $0 $0 $0
Mark D Schneider (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$422,990
Expenses
$322,362
Net Income
$100,628
Net Assets
$97,986
Notable Sources of Revenue Percent of Total Revenue
Contributions $389,228
92.0%
Program Services $33,747
8.0%
Investment Income $15
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $58,336
18.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $98,859
Total Liabilities $873
Net Assets $97,986
Compensation
Key Employees and Officers Compensation Related Other
Leroy Nesbitt Jr (Executive Director) $60,000 $0 $0
Joel Kanter (Board Chair) $0 $0 $0
Richard Snowdon (Trustee) $0 $0 $0
Jeanie Carr (Trustee) $0 $0 $0
Hon John Chapman (Trustee) $0 $0 $0
Dwight Franklin Jr (Trustee) $0 $0 $0
Olutosin Aje Adegbite (Trustee) $0 $0 $0
Sean A Floyd (Trustee) $0 $0 $0
Adewale Omoniyi (Trustee) $0 $0 $0
Mark D Schneider (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$196,337
Expenses
$203,481
Net Income
-$7,144
Net Assets
$10,391
Notable Sources of Revenue Percent of Total Revenue
Contributions $180,156
91.8%
Program Services $29,900
15.2%
Investment Income $82
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$14,456
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $655
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $50,000
24.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,391
Total Liabilities $0
Net Assets $10,391

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$184,390
Expenses
$197,710
Net Income
-$13,320
Net Assets
$17,826
Notable Sources of Revenue Percent of Total Revenue
Contributions $166,197
90.1%
Program Services $42,721
23.2%
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$25,548
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,012
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $57,500
29.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,207
Total Liabilities $4,381
Net Assets $17,826

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$260,708
Expenses
$212,132
Net Income
$48,576
Net Assets
$45,930
Notable Sources of Revenue Percent of Total Revenue
Contributions $239,227
91.8%
Program Services $30,937
11.9%
Investment Income $13
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$11,279
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,810
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $47,500
22.4%
Professional Fundraising Fees $0
Other Salaries and Wages $9,015
4.2%
Assets/Debt
Total Assets $54,807
Total Liabilities $8,877
Net Assets $45,930

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$249,119
Expenses
$244,380
Net Income
$4,739
Net Assets
-$2,647
Notable Sources of Revenue Percent of Total Revenue
Contributions $191,463
76.9%
Program Services $51,176
20.5%
Investment Income $10
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $4,069
1.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,401
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $47,500
19.4%
Professional Fundraising Fees $0
Other Salaries and Wages $38,333
15.7%
Assets/Debt
Total Assets $33,185
Total Liabilities $35,832
Net Assets -$2,647

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$308,398
Expenses
$315,197
Net Income
-$6,799
Net Assets
-$7,385
Notable Sources of Revenue Percent of Total Revenue
Contributions $255,777
82.9%
Program Services $47,577
15.4%
Investment Income $19
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,025
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $57,554
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $40,054
12.7%
Assets/Debt
Total Assets $31,354
Total Liabilities $38,739
Net Assets -$7,385

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$379,312
Expenses
$407,911
Net Income
-$28,599
Net Assets
$6,103
Notable Sources of Revenue Percent of Total Revenue
Contributions $329,041
86.7%
Program Services $48,129
12.7%
Investment Income $13
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,129
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $57,325
14.1%
Professional Fundraising Fees $0
Other Salaries and Wages $40,000
9.8%
Assets/Debt
Total Assets $28,253
Total Liabilities $22,150
Net Assets $6,103

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$336,397
Expenses
$387,209
Net Income
-$50,812
Net Assets
$21,280
Notable Sources of Revenue Percent of Total Revenue
Contributions $291,622
86.7%
Program Services $34,590
10.3%
Investment Income $547
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,554
2.8%
Net Inventory Sales $74
0.0%
Other Revenue $10
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $63,750
16.5%
Professional Fundraising Fees $0
Other Salaries and Wages $52,706
13.6%
Assets/Debt
Total Assets $50,142
Total Liabilities $28,862
Net Assets $21,280

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$373,064
Expenses
$505,329
Net Income
-$132,265
Net Assets
$51,570
Notable Sources of Revenue Percent of Total Revenue
Contributions $310,379
83.2%
Program Services $63,136
16.9%
Investment Income $1,245
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,716
Net Inventory Sales $0
Other Revenue $20
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $82,500
16.3%
Professional Fundraising Fees $0
Other Salaries and Wages $114,113
22.6%
Assets/Debt
Total Assets $89,894
Total Liabilities $38,324
Net Assets $51,570

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$383,713
Expenses
$603,039
Net Income
-$219,326
Net Assets
$180,645
Notable Sources of Revenue Percent of Total Revenue
Contributions $349,661
91.1%
Program Services $34,600
9.0%
Investment Income $4,194
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$347
Sales of Assets -$4,620
Net Inventory Sales $0
Other Revenue $225
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $75,000
12.4%
Professional Fundraising Fees $0
Other Salaries and Wages $255,724
42.4%
Assets/Debt
Total Assets $199,347
Total Liabilities $18,702
Net Assets $180,645

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$435,416
Expenses
$626,335
Net Income
-$190,919
Net Assets
$394,631
Notable Sources of Revenue Percent of Total Revenue
Contributions $413,117
94.9%
Program Services $30,750
7.1%
Investment Income $8,821
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$13,048
Sales of Assets -$4,394
Net Inventory Sales $0
Other Revenue $170
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $75,000
12.0%
Professional Fundraising Fees $0
Other Salaries and Wages $191,042
30.5%
Assets/Debt
Total Assets $418,462
Total Liabilities $23,831
Net Assets $394,631

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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