Black Mens Xchange National Inc

EIN: 272330266 501(c)(3) Community Improvement

Baltimore, MD

Total Revenue
$592,563
Total Expenses
$590,782
Total Assets
$180,834
Net Assets
$-159,863
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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
1989
Legal Domicile
MD
Principal Officer
Cleo Manago
Phone
3013571957
Tax Period
2023-01-01 to 2023-12-31

Black Mens Xchange National Inc, founded in 1989, is a small nonprofit in the Community Improvement sector that reported $593K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

To promote healthy self concept constructive decision-making, cultural affirmation, critical consciousness among SGL Bisexual Black men.

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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 (2023)

Revenue Breakdown

Contributions & Grants $592,563
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $592,563

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,213
Fundraising Expenses $0
Program Expenses $547,355
Other Expenses $577,569
TOTAL EXPENSES $590,782

Year-over-Year Comparison

2023 2022 Change
Revenue $592,563 $442,270 +0.3%
Expenses $590,782 $775,867 -0.2%
Net Income $1,781 $-333,597 -1.0%
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
4
Independent Members
N/A
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Larry Wilson Vice President 5.00
Director
$0 $0 $0
Micah Wainwright Treasurer 5.00
Director
$0 $0 $0
Chad Franklin Chairman 5.00
Director
$0 $0 $0
Cleo Manago Executive Dir. 5.00
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 $592,563 $590,782 $180,834 $1,781
2022 $442,270 $775,867 $184,754 $-333,597
2021 $465,733 $513,948 $286,590 $-48,215
2020 $246,690 $214,725 $256,433 $31,965
2017 $201,998 $201,856 $8,989 $142
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