BLACK RETAIL ACTION GROUP INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

BLACK RETAIL ACTION GROUP INC, founded in 1986, is a small nonprofit in the Community Improvement sector that reported $194K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $255K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO INCREASE THE PARTICIPATION OF MINORITIES IN THE RETAIL BUSINESS

Program Service Accomplishments

Program 1

Expenses: $255,126 Revenue: $194,002

ASSISTING AND PROMOTING MINORITIES IN THE RETAIL TRADE INDUSTRY THROUGH EDUCATION, EMPLOYMENT REFERAL, WORKSHOPS, SEMINARS AND CONSULTING SERVICES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $70,000

Investment Income $0

Other Revenue $124,002

TOTAL REVENUE $194,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,541

Fundraising Expenses $0

Program Expenses $255,126

Other Expenses $95,585

TOTAL EXPENSES $255,126

Year-over-Year Comparison

	2023	2022	Change
Revenue	$194,002	$261,443	-0.3%
Expenses	$255,126	$149,903	+0.7%
Net Income	$-61,124	$111,540	-1.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAWN R OUTLER	CO-PRESIDENT	3.00	Officer Director	$0	$0	$0
NICOLE COKELY-DUNLAP	CO-PRESIDENT	3.00	Officer	$0	$0	$0
LESLIE SMITH	VP FINANCE	3.00	Officer	$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
2024	No data	No data	No data	No data
2023	$194,002	$255,126	$636,001	$-61,124
2021	$375,595	$144,272	$494,128	$231,323
2020	$211,334	$186,478	$239,448	$24,856
2019	$266,798	$250,737	$258,860	$16,061
2018	$212,988	$224,066	$242,799	$-11,078