Organization for Black Aerospace Professionals (EIN 271836543) - 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

2010

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Organization for Black Aerospace Professionals, founded in 2010, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2023.

Mission

The Organization of Black Aerospace Professionals, Inc (OBAP) primary mission is to motivate todays youth to become educationally prepared for life; to increase minority participation in aviation through exposure, training, mentoring and scholarships.

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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 $3,311,007

Program Service Revenue $465,614

Investment Income $602

Other Revenue $9,000

TOTAL REVENUE $3,786,223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $293,702

Fundraising Expenses $23,977

Program Expenses $3,095,760

Other Expenses $3,581,351

TOTAL EXPENSES $3,875,053

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,786,223	$3,887,340	0.0%
Expenses	$3,875,053	$2,875,430	+0.3%
Net Income	$-88,830	$1,011,910	-1.1%

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

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
Willie Billingslea	Director	2.00	Director	$0	$0	$0
Rhonda Robinson	Director	2.00	Director	$0	$0	$0
Theodore Johnson	Director	2.00	Director	$0	$0	$0
Tennessee Garvey	Director	2.00	Director	$0	$0	$0
Joel Webley	Board Chair	2.00	Officer	$0	$0	$0
A Tomica Adams	Vice Chair	2.00	Officer	$0	$0	$0
Justin Biassou	Secretary	2.00	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	$3,786,223	$3,875,053	$4,069,064	$-88,830
2022	$3,887,340	$2,875,430	$3,506,618	$1,011,910
2021	$113,172	$148,163	$2,819,068	$-34,991
2021	$2,144,854	$1,615,722	$2,973,884	$529,132
2020	$651,028	$592,866	$1,638,339	$58,162
2019	$1,599,559	$1,258,627	$1,465,467	$340,932
2018	$1,153,074	$1,004,852	$1,124,860	$148,222

Organization for Black Aerospace Professionals