BLACK RESOURCES INC (EIN 203749850) - Form 990 Financial Analysis & Trantor Score

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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

2005

Legal Domicile

Principal Officer

ELOIS WILSON

Phone

5639492489

Tax Period

2024-01-01 to 2024-12-31

BLACK RESOURCES INC, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $4K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $14K exceeded revenue, resulting in a 224% operating deficit.

Mission

promoting healthy relationships between African Americans and all other races. Through construction of African American resources directory and website with cultural and historical significance.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,294

Program Service Revenue $0

Investment Income $4

Other Revenue $0

TOTAL REVENUE $4,298

Expense Breakdown

Grants Paid $775

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $11,338

TOTAL EXPENSES $13,913

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,298	$15,300	-0.7%
Expenses	$13,913	$4,521	+2.1%
Net Income	$-9,615	$10,779	-1.9%

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

N/A

Volunteers

N/A

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
ELOIS WILSON	PRESIDENT	030.00	Officer	$0	$0	$0
LAURIA MEADE	TREASURER	002.00	Officer	$0	$0	$0
THERESA JONES	SECRETARY	002.00	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	$4,298	$13,913	$1,164	$-9,615
2023	$15,300	$4,521	$10,779	$10,779

BLACK RESOURCES INC