ORGANIZATION OF BLACK AEROSPACE PROFESSIONALS

EIN: 271836543 501(c)(3) Education

Westchester, IL

Total Revenue
$4,348,278
Total Expenses
$4,049,005
Total Assets
$4,386,586
Net Assets
$3,269,779
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
Vanessa Jaminson
Phone
7084497755
Tax Period
2024-01-01 to 2024-12-31

ORGANIZATION OF BLACK AEROSPACE PROFESSIONALS, founded in 2010, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 568% from the prior year, signaling strong growth momentum. Expenses of $4.0M left a modest 7% surplus.

Mission

The Organization of Black Aerospace Professionals, Inc. ("OBAP") is a nonprofit organization whose primary mission is to motivate today's youth to become educationally prepared for life, to increase minority participation in aviation through exposure, training, mentoring and scholarships; to improve the representation of minority professionals in aerospace and related industries and to better assist our organization, membership concerns and constituencies.

Program Service Accomplishments

Program 1
Expenses: $649,742 Revenue: $6,000

Project Aerospace Programs and Partnerhips: OBAP's Project Aerospace offers annual opportunities to inform and prepare aspiring aerospace professionals for their future careers. This dream-to-career...

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Project Aerospace Programs and Partnerhips: OBAP's Project Aerospace offers annual opportunities to inform and prepare aspiring aerospace professionals for their future careers. This dream-to-career commitment includes initial exposure to the industry through in-school career day events, immersive summer programs, flight training academies and professional development opportunities held nationwide

Program 2
Expenses: $1,153,136 Revenue: $978,770

Luke Weathers Flight Academy: OBAP provided flight training programs that include certifications. The programs are conducted at OBAP's facilities located at the Olive Branch Airport.

Program 3
Expenses: $854,161 Revenue: $1,311,613

Annual Conference

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,587,965
Program Service Revenue $1,724,996
Investment Income $34,928
Other Revenue $389
TOTAL REVENUE $4,348,278

Expense Breakdown

Grants Paid $0
Salaries & Benefits $984,621
Fundraising Expenses $74,182
Program Expenses $3,102,360
Other Expenses $3,064,384
TOTAL EXPENSES $4,049,005

Year-over-Year Comparison

2024 2023 Change
Revenue $4,348,278 $651,028 +5.7%
Expenses $4,049,005 $592,866 +5.8%
Net Income $299,273 $58,162 +4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
21
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vanessa Blacknall Jamison Executive Director 40
Highest
$128,377 $0 $128,377
Tennesse Garvey Board Chair 2
Officer Director
$0 $0 $0
Theodore Johnson Vice Chair 2
Officer Director
$0 $0 $0
Titus Sanders Secretary 2
Officer Director
$0 $0 $0
Cory Glenn Treasurer 2
Officer Director
$0 $0 $0
Justin Biassou Director 2
Director
$0 $0 $0
Robyn Murphy Director 2
Director
$0 $0 $0
Krystal McCoy Director 2
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,348,278 $4,049,005 $4,386,586 $299,273
2024 No data No data No data No data
2023 $3,786,223 $3,875,053 $4,069,064 $-88,830
2022 $3,887,340 $2,875,430 $3,506,618 $1,011,910
2021 $113,172 $148,163 $2,819,068 $-34,991
2021 $2,144,854 $1,615,722 $2,973,884 $529,132
2020 $651,028 $592,866 $1,638,339 $58,162
2019 $1,599,559 $1,258,627 $1,465,467 $340,932
2018 $1,153,074 $1,004,852 $1,124,860 $148,222
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