Public Charity

INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES INC

INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES INC is a Public Charity headquartered in CLEVELAND, OH. Financial data from the 2024 filing: $1.2M revenue, $1.2M expenses, $2.8M total assets. 16 publicly reported grants to this organization, totaling roughly $341K, appear in IRS filings.

EIN: 364305164 CLEVELAND, OH Community Service Clubs NTEE: S80 Latest filing: 2024
Total Revenue$1.2M
Total Expenses$1.2M
Total Assets$2.8M
Grant Records16
Funding Total$341K
Filing Years2019–2024

Mission

DEVELOPS EDUCATIONAL ACTIVITIES RELATED TO ACTUARIAL SCIENCE DESIGNED TO IMPROVE SKILLS OF BLACK ACTUARIES IN THE COMMUNITY AND ENCOURAGE COLLEGE STUDENTS TO PURSUE STUDIES IN ACTUARIAL SCIENCE.

Where $100 goes at International Association of Black Actuaries Inc

How International Association of Black Actuaries Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$9 Management running the organization
$3 Fundraising raising the next dollar

Inside the $88 for programs

$50
Annual meeting and seminars
56% of program spending · Reported in the filing: 600 attendees
$19
Scholarships
22% of program spending
$19
Annual bootcamp
About 22% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
Sponsorship and general support
$25,000
2025
GENERAL SUPPORT
$5,855
2024
TO PROVIDE FUNDING FOR ADMINISTRATION OF ORGANIZATION
$65,000
2024
Sponsorship and general support
$25,000
2024
For grant recipient's exempt purposes
$5,550

Showing up to 5 of 16 total records — full history available with membership.

Officers & Directors

DIRECTOR Alan Newsome
DIRECTOR Anthony Weatherspoon
DIRECTOR Brandon Wright
INTERIM EXECUTIVE DIRECTOR Catherine Weaver
DIRECTOR Dalesa Brady
PRESIDENT Dwayne Husbands

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$220,918 11 grants
Fundraising & Sponsorship
$120,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.2M $1.2M $2.8M
2023 $1.7M $1.2M $2.7M
2022 $1.5M $1.1M $2.3M
2020 $909K $366K $1.3M
2019 $724K $537K $745K

Between 2019 and 2024, reported annual revenue grew from $724K to $1.2M (+72%), with total assets most recently reported at $2.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES INC

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