Black Voice Foundation Inc (EIN 330470176) - 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

1988

Legal Domicile

Phone

9518301827

Tax Period

2024-01-01 to 2024-12-31

Black Voice Foundation Inc, founded in 1988, is a small nonprofit that reported $512K in total revenue in fiscal year 2024. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $185K, a strong 36% operating margin.

Mission

Black Voice Foundation was founded to train and educate individuals in media with focus on Black Voice News educational programming including black history journalism and research.

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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 $0

Program Service Revenue $512,249

Investment Income $0

Other Revenue $0

TOTAL REVENUE $512,249

Expense Breakdown

Grants Paid $0

Salaries & Benefits $65,356

Fundraising Expenses $0

Program Expenses $327,258

Other Expenses $261,902

TOTAL EXPENSES $327,258

Year-over-Year Comparison

	2024	2023	Change
Revenue	$512,249	$230,535	+1.2%
Expenses	$327,258	$237,379	+0.4%
Net Income	$184,991	$-6,844	-28.0%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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
Paulette Brown Hinds	Director	5.00	Director	$0	$0	$0
Lynn Lee Summers	President	2.00	Officer	$0	$0	$0
Chris Allen	Vice President	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	$512,249	$327,258	$184,991	$184,991
2023	$230,535	$237,379	$482	$-6,844
2022	$423,029	$616,790	$6,925	$-193,761
2021	$198,000	$450,879	$50,273	$-252,879
2020	$142,562	$99,786	$167,776	$42,776
2019	$643,501	$633,125	$135,376	$10,376

Black Voice Foundation Inc