PLATINUM2024

Black Veterans for Social Justice Inc

Veterans EveryDay

Brooklyn, NY   |  https://bvsj.org/
GuideStar Charity Check

Black Veterans for Social Justice Inc

EIN: 11-2608983


Mission

TO COMBAT THE DETERIATION OF THE BEDFORD STUYVESANT COMMUNITY OF BROOKLYN, NY, AD TO ASSIST MINORITY VETERANS OF MILITARY SERVICE BY IMPROVING AND HELPING THEM ADJUST TO CIVILIAN LIFE BY ADVISING AND PROMOTING HOUSING, EDUCATION, EMPLOYMENT OPPORTUNITIES AND SOCIAL PROGRESS TO THEM.

Notes from the nonprofit

For four and a half decades, Black Veterans for Social Justice has been a pillar of support, leaving an unforgettable mark on the lives of thousands of veterans, their families, and the community. Originally founded with the mission of aiding marginalized black veterans, our organization has grown far beyond its initial scope, expanding into an indelible force for positive change. Today, we proudly stand as a beacon of inclusivity, offering a diverse group of programs and services that transcend the boundaries of race and gender, embracing all veterans and community members in their journey towards empowerment and well-being.

Ruling year info

1983

Principal Officer

Wendy McClinton

Main address

665 Willoughby Ave

Brooklyn, NY 11206-6903 USA

Show more contact info

EIN

11-2608983

Subject area info

Ethnic and racial minority rights

Population served info

Adults

Multiracial people

Incarcerated people

Military personnel

Veterans

NTEE code info

Military/Veterans' Organizations (W30)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Veterans Service Center

The Veterans Service Center provides program services to assist military personnel in smoothly transitioning from active duty to civilian life. The VSC is dedicated to servicing military personnel, veterans and their families in the areas below.

Population(s) Served
Economically disadvantaged people
Incarcerated people

Where we work

  • New York City, NY

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of meals delivered

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of veterans with PTSD served

This metric is no longer tracked.
Totals By Year
Related Program

Veterans Service Center

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

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  • Which of the following feedback practices does your organization routinely carry out?

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  • What challenges does the organization face when collecting feedback?

Financials

Black Veterans for Social Justice Inc
Fiscal year: Jan 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2024 info

SOURCE: IRS Form 990

0.03

Average of 0.36 over 10 years

Months of cash in 2024 info

SOURCE: IRS Form 990

1.2

Average of 1.2 over 10 years

Fringe rate in 2024 info

SOURCE: IRS Form 990

17%

Average of 19% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Black Veterans for Social Justice Inc

Revenue & expenses

Fiscal Year: Jan 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Black Veterans for Social Justice Inc

Balance sheet

Fiscal Year: Jan 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Black Veterans for Social Justice Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Black Veterans for Social Justice Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2020 2021 2022 2023 2024
Unrestricted surplus (deficit) before depreciation $5,437,142 -$904,627 $921,174 $969,757 -$1,358,193
As % of expenses 11.8% -1.5% 1.5% 1.4% -3.6%
Unrestricted surplus (deficit) after depreciation $5,437,142 -$904,627 $921,174 $880,344 -$1,398,968
As % of expenses 11.8% -1.5% 1.5% 1.3% -3.7%
Revenue composition info
Total revenue (unrestricted & restricted) $51,530,639 $57,468,816 $63,127,891 $67,922,446 $36,350,316
Total revenue, % change over prior year 47.4% 11.5% 9.8% 7.6% -46.5%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 99.4% 99.3% 99.5% 99.5% 99.5%
All other grants and contributions 0.6% 0.7% 0.5% 0.1% 0.1%
Other revenue 0.0% 0.0% 0.0% 0.4% 0.4%
Expense composition info
Total expenses before depreciation $46,093,497 $58,421,770 $62,206,717 $66,952,689 $37,708,509
Total expenses, % change over prior year 23.6% 26.7% 6.5% 7.6% -43.7%
Personnel 41.0% 39.2% 30.9% 33.0% 29.2%
Professional fees 0.1% 7.7% 1.4% 0.9% 1.9%
Occupancy 31.5% 23.5% 33.9% 28.4% 26.7%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 27.4% 29.6% 33.8% 37.7% 42.3%
Full cost components (estimated) info 2020 2021 2022 2023 2024
Total expenses (after depreciation) $46,093,497 $58,421,770 $62,206,717 $67,042,102 $37,749,284
One month of savings $3,841,125 $4,868,481 $5,183,893 $5,579,391 $3,142,376
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $49,934,622 $63,290,251 $67,390,610 $72,621,493 $40,891,660

Capital structure indicators

Liquidity info 2020 2021 2022 2023 2024
Months of cash 1.6 1.9 1.5 0.3 1.2
Months of cash and investments 2.0 2.2 1.8 0.3 1.2
Months of estimated liquid unrestricted net assets 1.9 1.4 1.4 -1.3 -2.8
Balance sheet composition info 2020 2021 2022 2023 2024
Cash $6,150,754 $9,030,894 $7,678,616 $1,849,290 $3,859,215
Investments $1,456,602 $1,456,602 $1,456,602 $0 $0
Receivables $14,736,247 $15,957,166 $12,034,089 $42,255,224 $54,370,993
Gross land, buildings, equipment (LBE) $0 $0 $0 $1,082,870 $1,082,870
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 78.6% 82.3%
Liabilities (as a % of assets) 66.5% 75.1% 64.6% 106.8% 107.4%
Unrestricted net assets $7,483,237 $6,578,610 $7,499,784 -$7,260,941 -$8,659,909
Temporarily restricted net assets N/A N/A N/A N/A N/A
Permanently restricted net assets N/A N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $7,483,237 $6,578,610 $7,499,784 -$7,260,941 -$8,659,909

Key data checks

Key data checks info 2020 2021 2022 2023 2024
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Wendy McClinton

Number of employees

Source: IRS Form 990

Black Veterans for Social Justice Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

Black Veterans for Social Justice Inc

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Black Veterans for Social Justice Inc

Board of directors
as of 02/01/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Jay Ellis


Board co-chair

Marlene Heath

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 2/1/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Female
Sexual orientation
Decline to state
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.