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Nonprofit · EIN 46-1925488

BLACK FIVES FOUNDATION

Tax-exempt · GREENWICH, CT 06830

Financials

$192K$166K2023$120K$145K2024
Revenue Expenses · by fiscal year end
Financials of BLACK FIVES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$120,168$145,095-$24,927$167,933$29,629$138,304
December 31, 2023990$191,995$166,065$25,930$196,803$33,572$163,231
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,547
Investment income
$72,581
Net income from sales of inventory
-$13,960
Other revenue
$51,000

Expenses

Compensation of officers, directors and key employees
$53,630
Salaries, compensation and benefits (total)
$58,158
Professional fees and payments to contractors
$11,868
Occupancy
$14,202
Printing, publications and postage
$1,546
Other expenses
$59,321
Program services (functional)
$68,222

Balance sheet and other

Total assets, start of year
$196,803
Total assets, end of year
$167,933
Total liabilities, end of year
$29,629
Net assets, end of year
$138,304
Cash, savings and investments
$14,479
Gross receipts
$160,247

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CLAUDE JOHNSONPRESIDENT, E40$53,630
CLAIRE FAYSECRETARY1$0
MICHAEL KINGDIRECTOR1$0
KEITH HOULEMARDDIRECTOR1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
CLAUDE JOHNSONPRESIDENT, E
Trustee or director, Officer
60$50,000
KEITH HOULEMARDDIRECTOR
Trustee or director
4$0
CLAIRE FAYSECRETARY
Officer
4$0
MICHAEL KINGTREASURER
Officer
4$0

Address and contacts

Address (IRS master file)
15 EAST PUTNAM AVENUE NO 131, GREENWICH, CT 06830-5424
In care of
% CLAUDE JOHNSON
Mailing address (990-N for 2020)
15 East Putnam Avenue, Greenwich CT 06830
Principal officer (990-N for 2020)
Claude Johnson, 15 East Putnam Avenue, Greenwich CT 06830
Signed the 990-EZ
CLAUDE JOHNSON, PRESIDENT, EXEC DIR
Phone
(203) 493-8600
Return prepared by
BRODEUR & COMPANY CPAS PC

Mission

THE BLACK FIVES FOUNDATION WORKS TO RESEARCH, PRESERVE, EXHIBIT, AND AND PROMOTE THE PRE-1950 HISTORY OF AFRICAN AMERICANS IN BASKETBALL TO ENGAGE, TEACH, AND INSPIRE YOUTH AND OTHERS WHILE HONORING ITS PIONEERS AND THEIR DESCENDANTS. WE WORK WITH THE PRE-1950 HISTORY OF AFRICAN AMERICAN BASKETBALL TEAMS (THE "BLACK FIVES ERA") IN ORDER TO: STIMULATE INTEREST IN HISTORY AND THE HUMANITIES, PROMOTE EDUCATIONAL ADVANCEMENT, ENRICH APPRECIATION OF CULTURE AND THE ARTS, ENCOURAGE COMMUNITY-BASED YOUTH PROGRAMMING, BUILD FITNESS AND HEALTH AWARENESS, ILLUMINATE SPORTS INDUSTRY CAREER OPPORTUNITIES, ADVOCATE FOR THE RECOGNITION OF THE ERA'S PIONEERS AND THEIR DESCENDANTS, AND, ENABLE THESE EFFORTS THROUGH INNOVATIVE USES OF TECHNOLOGY AS WELL AS VIA TRADITIONAL MEANS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • 1. EDUCATION & LEADERSHIP AMBASSADOR NIL PROGRAM - NEW IN 2024. - THE PARTNERSHIP WITH UCONN'S KAMOREA "KK" ARNOLD MARKS THE FOUNDATION'S FIRST FORMAL NIL (NAME, IMAGE, AND LIKENESS) COLLABORATION WITH A STUDENT- ATHLETE. - IT INTRODUCED STRUCTURED LEADERSHIP AND EDUCATION COMPONENT TIED TO THE BLACK FIVES ACADEMY, CREATING A NEW DIRECT LINK BETWEEN COLLEGIATE ATHLETES AND HISTORICAL EDUCATION. - NO NIL AMBASSADOR PROGRAM EXISTED IN 2022-2023. 2. NEW YORK RENS HARLEM COURT INSTALLATION (HOWARD BENNETT PLAYGROUND) - NEW IN 2024. - WHILE THE FOUNDATION HAS ORGANIZED EXHIBITIONS AND POP-UPS BEFORE, THIS WAS THE FIRST PERMANENT PUBLIC COURT INSTALLATION AND MURAL DEDICATED TO A BLACK FIVES TEAM. - EXECUTED IN PARTNERSHIP WITH NYC PARKS, SLAM, AND PUMA NEW PARTNER CONFIGURATION. - THIS IS ALSO THE FIRST BUILT-ENVIRONMENT HERITAGE PROJECT (PHYSICAL INFRASTRUCTURE, NOT JUST EXHIBITS). 3. RENAISSANCE CASINO PUBLIC HISTORICAL MARKER INITIATIVE - NEW MILESTONE ACHIEVED IN 2024. PRIOR ADVOCACY EXISTED FOR COMMEMORATING THE RENS HOME COURT, BUT 2024 MARKED THE FIRST FORMAL CIVIC APPROVAL (COMMUNITY BOARD 10 RESOLUTION) AN OFFICIAL PUBLIC-HISTORY STEP NOT PREVIOUSLY REACHED. 4. EXPANDED BROADCAST INTEGRATION AND EDUCATIONAL WEBINAR - THE BASKETBALL AND DANCE: THE BUSINESS OF BLACK FIVES BASKETBALL WEBINAR AND BROADER EDUCATIONAL ROLLOUT REPRESENTED AN EXPANDED (NEW-FORMAT) ELEMENT WITHIN THE ONGOING BIG EAST PARTNERSHIP. - PRIOR YEARS FEATURED GAME-DAY BRANDING AND IN-ARENA PSAS, BUT 2024 ADDED LIVE DIGITAL EDUCATION INTEGRATING HISTORY AND BUSINESS THEMES. THESE SESSIONS WERE STREAMED LIVE AND ARCHIVED, INTRODUCING A MULTIMEDIA EDUCATION COMPONENT. 5. BIG EAST THIRD-YEAR RENEWAL WITH 22 GAMES (LARGEST YET) - WHILE THE BIG EAST PARTNERSHIP BEGAN IN 2022, 2024 REPRESENTED THE LARGEST AND MOST VISIBLE EXECUTION: - 22 TOTAL GAMES (PREVIOUS YEARS HAD 1012). - ADDED UNIFORM LAPEL PINS COMMEMORATING THE NEW YORK RENS CENTENNIAL (19232023) A NEW SYMBOLIC ELEMENT. - INCLUSION OF WOMENS COACHES AND PLAYERS IN CONFERENCE-WIDE MESSAGING WAS MORE FORMALLY STRUCTURED THAN IN 2023. 6. SIGNIFICANT GROWTH IN NEWS COVERAGE (+128%) - WHILE NOT A PROGRAM PER SE, THE EARNED-MEDIA SURGE REPRESENTS NEW SCALE AND REACH: - FIRST YEAR WITH OVER 500 MAINSTREAM NEWS MENTIONS. - REFLECTS EXPANSION INTO NATIONAL TELEVISION, DIGITAL NEWS, AND UNIVERSITY MEDIA ECOSYSTEMS THAT WERE NOT AT COMPARABLE LEVELS IN 2023.
    Expenses $68,222

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-1925488
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$167,933
Income (IRS master file)
$160,247

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$120,168$145,095$167,933XML
990December 2023$191,995$166,065$196,803XML
990December 2022$457,982$448,613$188,694IRS
990December 2021–––IRS
990-N for 2020
Officer: Claude Johnson
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Claude Johnson
December 31, 2019≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: Claude Johnson
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1925488).

Questions about BLACK FIVES FOUNDATION

What is the EIN of BLACK FIVES FOUNDATION?
The employer identification number (EIN) of BLACK FIVES FOUNDATION is 46-1925488.
Is BLACK FIVES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to BLACK FIVES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLACK FIVES FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BLACK FIVES FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLACK FIVES FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of BLACK FIVES FOUNDATION?
The 990-N for 2020 names Claude Johnson.
Who are the officers and directors of BLACK FIVES FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $53,630 (CLAUDE JOHNSON, PRESIDENT, E).
How much revenue does BLACK FIVES FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $120,168, expenses of $145,095 and total assets of $167,933 at year end.

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