2025-11-12T19:02:08-06:00 2024-12-31 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2024-01-01 852790239 BLACK PRODUCT MANAGERS BLAC 6503047627 50 CALIFORNIA STREET 1500 SAN FRANCISCO CA 94111 AMMA BOFA EXECUTIVE DIRECTOR 6503047627 2025-11-12 1 1 JACOB YAU P01560332 4089988400 2024 2025-03-06 01:10:19Z AMMA BOFA 50 CALIFORNIA STREET 1500 SAN FRANCISCO CA 94111 368688 0 X WWW.BLACKPRODUCTMANAGERS.COM X 2020 CA TO CONNECT UNDERREPRESENTED PROFESSIONALS TO EXPERTS AND ALLIES TO SUCCEED IN THEIR CAREERS. 3 3 1 40 0 0 620012 288000 87456 80688 0 0 0 0 707468 368688 0 0 0 0 285783 209486 0 0 0 431967 272582 717750 482068 -10282 -113380 428744 319923 2407 6966 426337 312957 TO CONNECT UNDERREPRESENTED PROFESSIONALS TO EXPERTS, ALLIES AND RESOURCES TO SUCCEED IN THEIR CAREERS. 0 0 286869 0 80688 IN 2024, BPM MADE SIGNIFICANT STRIDES IN ADVANCING DIVERSITY WITHIN PRODUCT MANAGEMENT. WE EXPANDED OUR FLAGSHIP LEVEL UP PROGRAM, LAUNCHING NEW COHORTS SPECIFICALLY DESIGNED TO HELP BLACK PRODUCT MANAGERS SHARPEN THEIR SKILLS AND TRANSITION INTO NEW ROLES. IN ADDITION TO OUR CORE OFFERING, WE INTRODUCED AN INTENSIVE 8-WEEK PROGRAM TAILORED FOR EXPERIENCED PMS AIMING TO MOVE INTO EXECUTIVE LEADERSHIP. ACROSS TWO COHORTS, WE RECEIVED OVER 1,000 APPLICATIONS AND ACCEPTED 125 PARTICIPANTS 95% OF WHOM SUCCESSFULLY COMPLETED THE PROGRAM. WE ALSO PARTNERED WITH MORE THAN 15 U.S.-BASED COMPANIES AND HOSTED 10 (VIRTUAL AND IN-PERSON) PRODUCT WORKSHOPS FOR OUR COMMUNITY. AS A RESULT OF THESE EFFORTS, OVER 150 UNDERREPRESENTED PRODUCT PROFESSIONALS SECURED NEW ROLES OR EARNED PROMOTIONS IN 2024 ALONE. 286869 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X FUAD ADESOKAN 3463022999 50 CALIFORNIA STREET 1500 SAN FRANCISCO CA 94111 JULES WALTER CHAIRPERSON OF THE BOARD 3.00 X X 0 0 0 BRITTANY BANKSTON PRESIDENT 3.00 X X 0 0 0 KEVIN WEIL DIRECTOR 3.00 X 0 0 0 MARYANNA QUIGGLES DIRECTOR 3.00 X 0 0 0 AMMA BOFA EXECUTIVE DIRECTOR 40.00 X 186000 0 0 186000 0 0 1 0 1 0 0 288000 288000 MEMBERSHIP FEE 611430 80688 80688 80688 368688 80688 0 0 X 186000 93000 93000 23486 23486 8723 8723 2700 2700 113000 49000 64000 5464 5464 19109 18583 526 35699 35699 71517 71517 6709 6709 REIMBURSEMENTS 9626 9626 EQUIPMENT AND SUPPLIES 35 35 482068 286869 195199 0 315335 319923 99350 0 14059 0 428744 319923 2407 6966 2407 6966 X 426337 312957 426337 312957 428744 319923 -113380 0 X 0 0 0 X 11580 349257 335400 620012 288000 1604249 11580 349257 335400 620012 288000 1604249 1071840 532409 1604249 283810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 0 0 0 0 0 0 AMMA BOFA EXECUTIVE DIRECTOR 186000 0 0 0 0 0 0 0 0 0 186000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS AND APPROVES THE DRAFT FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES' PRIMARY DUTY IS TO UPHOLD THE ORGANIZATION'S MISSION. THEREFORE, IT IS AGREED THAT EVERYONE WILL ACT IN GOOD FAITH AND WITH FAIRNESS TO THE NON-PROFIT, SUPERSEDING ANY CONFLICTING INTERESTS ONE MAY HAVE, SUCH AS THOSE FROM BUSINESS, PERSONAL, OR OTHER AFFILIATIONS. IT IS ACKNOWLEDGED THAT NO ONE MUST NOT USE THEIR POSITION TO: 1) TAKE PERSONAL ADVANTAGE OF INFORMATION GAINED THROUGH MY ROLE, AND 2) BENEFIT ONE'S OWN INTERESTS IN A WAY THAT IS DETRIMENTAL TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR OF BPM IS THE PRINCIPAL REPRESENTATIVE OF BPM AND THE PERSON RESPONSIBLE FOR THE EFFICIENT OPERATION OF THE NONPROFIT. THEREFORE, IT IS THE DESIRE OF BPM TO PROVIDE A FAIR YET REASONABLE AND NOT EXCESSIVE COMPENSATION FOR THE EXECUTIVE DIRECTOR (AND ANY OTHER COMPENSATED EMPLOYEES AND CONTRACTORS). THE ANNUAL PROCESS FOR DETERMINING COMPENSATION IS AS FOLLOWS: 1: THE BPM BOARD OF DIRECTORS WILL ANNUALLY EVALUATE THE EXECUTIVE DIRECTOR ON HIS/HER PERFORMANCE, AND ASK FOR HIS/HER INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. 2: THE BOARD WILL RESEARCH AND APPROVE A FAIR COMPENSATION BASED ON PERFORMANCE AND PRODUCT MANAGEMENT INDUSTRY DATA. 3: THE BPM BOARD WILL APPROVE COMPENSATION FOR THE EXECUTIVE DIRECTOR (AND OTHER EMPLOYEES AND CONTRACTORS) AND DOCUMENTS HOW IT REACHED DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED, IN MINUTES OF THE MEETING DURING WHICH THE COMPENSATION WAS APPROVED. FORM 990, PART VI, SECTION C, LINE 19 BLACK PRODUCT MANAGERS' FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SECTION 6104(D). FORM 990, PART IX, LINE 11G MARKETING AND EVENT PLANNING: PROGRAM SERVICE EXPENSES 30,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,000. OTHER SERVICES: PROGRAM SERVICE EXPENSES 19,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,000. WORKSHOPS AND TRAINING PROGRAMS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,000. WEBSITE DEVELOPMENT AND IMPLEMENTATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,000. MEMBERSHIPS AND MEMBER SUPPORT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,000. GENERAL AND ADMIN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 24,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,000.