Young Black Pharma

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Young Black Pharma's mission is to cultivate talent through mentoring initiatives that focus on the personal and professional development needed to excel in the pharmaceutical industry, inspire pharmaceutical industry professionals to always strive for excellence and prioritize paying it forward, and connect to share meaningful experiences and encourage community among people in pharma.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 86-1441033) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 25 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $120K a year · 19% of revenue · last 3 filings
A surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
6.6 mo
of spending, in cash
6.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $32K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$61
0.02% of total assets
Liabilities are 0.02% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$618K
-30% vs prior year
Spent
$687K
To programs
0%
Net assets
$379K
By yearFY2022–FY2025
Revenue
$618K
FY2025▼ -30%
Tap a bar for its year
Revenue by fiscal year
FY2022$70K
FY2023$389K
FY2024$877K
FY2025$618K
Expenses
$687K
FY2025▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2022Not on file
FY2023$244K
FY2024$595K
FY2025$687K
Net assets
$379K
FY2025▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2022$21K
FY2023$165K
FY2024$448K
FY2025$379K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Membership & Social Events Lead
$0Pt VII · Sec A
2nd Vice President, Marketing Lead
$0Pt VII · Sec A
1st Vice President, Professional Development Lead
$0Pt VII · Sec A
President, Finance Lead
$0Pt VII · Sec A
See Young Black Pharma executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Mentors Black professionals for success and community in the pharmaceutical industry.

Questions for Young Black Pharma

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Your first name shows with your question. Young Black Pharma answers here, for everyone.

3 programs · in their own filed words · FY2025
01

Young Black Pharma Conference & Gala impacts in excess of 650 people providing professionally enriching and educational sessions on topics such as showing up as your authentic self at work, compensation negotiation, diversity in clinical trials, and building your leadership brand with expert speakers on these topics.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 86-1441033) · Dispute this line
Pt IX · Ln 25 · col B
02

Phrma Graduate Summit Partner

40 people impacted-provided tools and tips on how to approach pursuing a job in the pharmaceutical industry and how to prepare yourself from resume building to interviewing strategies.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 86-1441033) · Dispute this line
Pt IX · Ln 25 · col B
03

Professional Development Webinar Series

monthly virtual webinars covering various professional development topic with guest speakers and experts in the industry impacting hundreds of attendees throughout the year.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 86-1441033) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$32K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$618K
Ln 12
Fees for servicesLn 2g$595K
Gifts and grantsLn 1h$24K
Money outPt IX
$687K
Ln 25
Owns and owesPt X
$379K
net assets · Ln 32
Cash and savingsLn 1–2$379K
Total assetsLn 16$379K
LiabilitiesLn 26$61
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$24K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$960
Fees for servicesLn 2g$595K
Total revenueLn 12$618K
Assets in detailPt X, end of year
CashLn 1$379K
Cash and savings togetherLn 1–2$379K
Total assetsLn 16$379K
LiabilitiesLn 26$61
Net assetsLn 32$379K
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$460K$379K
InvestmentsLn 11–13$0$0
Total assetsLn 16$507K$379K
LiabilitiesLn 26$59K$61
Net assetsLn 32$448K$379K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Legal feesLn 11b$450
Accounting feesLn 11c$5K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$77K
Office expensesLn 13$14K
Information technologyLn 14$13K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$574K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$687K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Aug 14, 2026 $618K$687K−$69K$379K 990 PDF
FY2024Filed with the IRS Jul 17, 2025 $877K$595K$283K$448K 990 PDF
FY2023Filed with the IRS Jun 6, 2024 $389K$244K$145K$165K 990 PDF
FY2022Filed with the IRS May 12, 2023 $70K$21K 990 PDF

Schedules filed Part IV

B · Donors C · Political and lobbying O · Explanations
See the full FY2025 990
Part I · Summary $618,162 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $158,063$23,577
I-9 Program service revenuePrior year $719,078$594,585
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $331$0
I-12 Total revenuePrior year $877,472$618,162
I-13 Grants and similar amounts paidPrior year $50$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $594,838$686,845
I-18 Total expensesPrior year $594,888$686,845
I-19 Revenue less expensesPrior year $282,584−$68,683
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $618,162 across 10 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$22,517
VIII-1c Fundraising events$960
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$100
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$23,577
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $594,585 · Unrelated business $0 · Excluded from tax $0$594,585
VIII-12 Total revenueRelated to mission $594,585 · Unrelated business $0 · Excluded from tax $0$618,162
Part IX · Statement of functional expenses $686,845 across 29 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11b Legal fees$450
IX-11c Accounting fees$4,847
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$77,082
IX-13 Office expenses$14,018
IX-14 Information technology$12,817
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$3,203
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$574,428
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$686,845
Part X · Balance sheet $379,376 assets, 28 lines filed
X-1 Cash, non-interest-bearingStart of year $459,533$379,376
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $47,500$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $507,033$379,376
X-17 Accounts payable and accrued expensesStart of year $19,035$61
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $40,000$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $59,035$61
X-27 Net assets without donor restrictionsStart of year $226,675$399,553
X-28 Net assets with donor restrictionsStart of year $221,323−$20,238
X-32 Total net assets or fund balancesStart of year $447,998$379,315
X-33 Total liabilities and net assetsStart of year $507,033$379,376
Part XI · Reconciliation of net assets $379,315 net assets at year end
XI-1 Total revenue$618,162
XI-2 Total expenses$686,845
XI-3 Revenue less expenses−$68,683
XI-4 Net assets at start of year$447,998
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$379,315

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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