UNITED FEDERATION OF BLACK COMMUNITY ORGANIZATIONS INC

EIN: 132783581 501(c)(3)

New York, NY

Total Revenue
$3,609,641
Total Expenses
$2,562,791
Total Assets
$2,218,449
Net Assets
$1,968,611
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NY
Principal Officer
Chevelle McKeever
Phone
2122811950
Tax Period
2024-07-01 to 2025-06-30

UNITED FEDERATION OF BLACK COMMUNITY ORGANIZATIONS INC, founded in 1974, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 29% operating margin.

Mission

Provide low cost high quality early education services to poor and working class families throughout Upper Manhattan.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,042,783
Program Service Revenue $566,755
Investment Income $103
Other Revenue $0
TOTAL REVENUE $3,609,641

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,984,344
Fundraising Expenses $0
Program Expenses $2,291,010
Other Expenses $578,447
TOTAL EXPENSES $2,562,791

Year-over-Year Comparison

2024 2023 Change
Revenue $3,609,641 $2,386,115 +0.5%
Expenses $2,562,791 $2,334,272 +0.1%
Net Income $1,046,850 $51,843 +19.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
47
Volunteers
7

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$107,071
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carmeliza Gonzalo Education Director 40
Highest
$118,385 $516 $118,901
Alisa Merriweather Administrative Director 40
Highest
$107,083 $694 $107,777
Chevelle McKeever Executive Director 25
Officer
$107,071 $0 $107,071
Carole Doneghy Chairperson 1
Officer Director
$0 $0 $0
Rosemarie Gooden Vice Chairperson 1
Director
$0 $0 $0
Aissatou Bey-Grecia Secretary 1
Officer Director
$0 $0 $0
Jean Jeremie Treasurer 1
Officer Director
$0 $0 $0
Valerie Buxton Board member 1
Director
$0 $0 $0
Suncerae Fredericks Board member 1
Director
$0 $0 $0
Dr Michael Prince Board member 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,609,641 $2,562,791 $2,218,449 $1,046,850
2024 No data No data No data No data
2023 $2,452,559 $1,951,718 $1,600,162 $500,841
2022 $1,899,248 $1,801,944 $655,208 $97,304
2021 $2,331,815 $1,939,488 $479,739 $392,327
2020 $2,032,727 $2,157,068 $489,937 $-124,341
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