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.
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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
Your first name shows with your question. Young Black Pharma answers here, for everyone.
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Young Black Pharma Conference & Gala impacts in excess of 400 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.
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.
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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $24K | $164K |
| InvestmentsLn 11–13 | $0 | $0 |
| Total assetsLn 16 | $24K | $172K |
| LiabilitiesLn 26 | $4K | $6K |
| Net assetsLn 32 | $21K | $165K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| 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 current officers, directors and key staffLn 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 | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $0 | |||
| Accounting feesLn 11c | $5K | |||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $21K | |||
| Advertising and promotionLn 12 | $17K | |||
| Office expensesLn 13 | $9K | |||
| Information technologyLn 14 | $7K | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $179K | |||
| TravelLn 17 | $5K | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $0 | |||
| InsuranceLn 23 | $158 | |||
| All other expensesLn 24e | $275 | |||
| Total functional expensesLn 25 | $244K | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $618K | $687K | −$69K | $379K | 990 PDF |
| FY2024 | $877K | $595K | $283K | $448K | 990 PDF |
| FY2023 Viewing | $389K | $244K | $145K | $165K | 990 PDF |
| FY2022 | $70K | $21K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $389,049 revenue, 12 lines filed
Part VI · Governance 0 of 4 board members independent, 4 to look at
Part VIII · Statement of revenue $389,049 across 15 lines filed
Part IX · Statement of functional expenses $244,141 across 30 lines filed
Part X · Balance sheet $171,642 assets, 22 lines filed
Part XI · Reconciliation of net assets $165,414 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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