FRIENDS OF BARACK OBAMA MALE LEADERSHIP ACADEMY

EIN: 454884806 501(c)(3) Education

Dallas, TX

Total Revenue
$119,907
Total Expenses
$470,550
Total Assets
$493,198
Net Assets
$493,198
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
TX
Principal Officer
RENEE THOMPSON
Phone
9725894067
Tax Period
2021-07-01 to 2022-06-30

FRIENDS OF BARACK OBAMA MALE LEADERSHIP ACADEMY, founded in 2012, is a small nonprofit in the Education sector that reported $120K in total revenue in fiscal year 2021. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $471K exceeded revenue, resulting in a 292% operating deficit.

Mission

OUR MISSION IS TO INVEST IN AND EMPOWER ENDANGERED YOUNG MEN IN ORDER TO DEVELOP LEADERS AND ROLE MODELS FOR OUR COMMUNITY. WE SUPPORT AN ACADEMICALLY RIGOUROUS, CHARACTER BASED SINGLE GENDER EDUCATION, A REPLICABLE MODEL FOR DALLAS ISD.

Program Service Accomplishments

Program 1
Expenses: $118,105 Revenue: $0

STUDENT ENRICHMENT As part of the extended learning exploration, students are challenged with a rigorous academic curriculum focusing on student-core academics, brotherhood, character, service...

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STUDENT ENRICHMENT As part of the extended learning exploration, students are challenged with a rigorous academic curriculum focusing on student-core academics, brotherhood, character, service, citizenship, and a standard of excellence. Student enrichment opportunities include participation in local and national programs in STEAM (Science, Technology, Engineering, Arts, and Math), college tours, cultural immersion, and leadership development. Students are equipped with tools that empower them to become the next generation of leaders, change agents, future husbands, fathers, and role models in their community Extended learning through early exposure to real-world experiences helps to foster academic success by helping young men to pursue their passions and develop a growth mindset that will enable them not only to dream but to achieve those dreams through tenacity and self-motivation.

Program 2
Expenses: $133,663 Revenue: $0

Sustaining and expanding program enrichment is essentialthat it gives our young men the opportunity to explore new areas of interest and develop the necessary skills to prepare them for the workforce...

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Sustaining and expanding program enrichment is essentialthat it gives our young men the opportunity to explore new areas of interest and develop the necessary skills to prepare them for the workforce of tomorrow. Eighty percent of the young men served come from socially under-resourced households in Dallas. Program enrichment provides strategies and tools to enrich the development of the students and facilitate generational change so that generational poverty can be eliminated through education. A variety of strategies are put in place to break the cycle of poverty and to help students reach their full potential through extended learning programs. Through these efforts students can grow academically, socially, and emotionally. Furthermore, students are given equitable resources through state-of-the-art tools, software, equipment, and additional technology.

Program 3
Expenses: $23,285 Revenue: $0

PROFESSIONAL ENRICHMENT Investing in the excellence of the students begins with investing in the educators. Professional enrichment activities help promote both personal and professional growth for...

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PROFESSIONAL ENRICHMENT Investing in the excellence of the students begins with investing in the educators. Professional enrichment activities help promote both personal and professional growth for teachers. Faculty and staff at the Barack Obama Male Leadership Academy (BOMLA) have access to resources that enhance their leadership skills, qualifications, and credentials. This includes participation in conferences focused on curriculum and programming for single-gender schools. Through this additional training, teachers can explore alternative learning tools that will improve student outcomes.

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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 (2021)

Revenue Breakdown

Contributions & Grants $119,907
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $119,907

Expense Breakdown

Grants Paid $0
Salaries & Benefits $148,484
Fundraising Expenses $0
Program Expenses $432,871
Other Expenses $322,066
TOTAL EXPENSES $470,550

Year-over-Year Comparison

2021 2020 Change
Revenue $119,907 $355,256 -0.7%
Expenses $470,550 $224,430 +1.1%
Net Income $-350,643 $130,826 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
3
Volunteers
10

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
0
$0
Total Directors
12
$0
Key Employees
1
$90,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYRIA HOWLAND FUNDING BOARD CHAIR 1.00
Director
$0 $0 $0
RENEE THOMPSON TREASURER 1.00
Director
$0 $0 $0
SOPHIA JOHNSON CHAIR 1.00
Director
$0 $0 $0
MINERVA RODRIGUEZ BOARD MEMBER 1.00
Director
$0 $0 $0
LD CARTER BOARD MEMBER 1.00
Director
$0 $0 $0
NAKIA DOUGLAS BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK MCGEE BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTIN PARSCALE BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH PLUMLEE BOARD MEMBER 1.00
Director
$0 $0 $0
DAMIAN SANDERS BOARD MEMBER 1.00
Director
$0 $0 $0
GREGG SMALLWOOD BOARD MEMBER 1.00
Director
$0 $0 $0
N/A BOARD MEMBER 1.00
Director
$0 $0 $0
TIFFANY JACKSON KEY EMPLOYEE 40.00
Key Emp
$90,000 $0 $90,000
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
2025 No data No data No data No data
2022 $119,907 $470,550 $493,198 $-350,643
2021 $355,256 $224,430 $874,676 $130,826
2020 $389,248 $302,056 $708,371 $87,192
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