Grand Rapids Chapter National Black Nurses Association

EIN: 383493384 501(c)(3) Health Care

Grand Rapids, MI

Total Revenue
$83,595
Total Expenses
$58,005
Total Assets
N/A
Net Assets
N/A
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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
2020
Legal Domicile
MI
Principal Officer
Aundrea Robinson
Phone
2315633469
Tax Period
2023-01-01 to 2023-12-31

Grand Rapids Chapter National Black Nurses Association, founded in 2020, is a micro nonprofit in the Health Care sector that reported $84K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $26K, a strong 31% operating margin.

Mission

To provide a forum for collective action by African American nurses to represent and provide a forum for black nurses to advocate for and implement stragtegies to ensure access to the highest qualityof healthcare for persons of color.

Program Service Accomplishments

Program 1
Expenses: $58,005 Revenue: $128,783

Total Income 128,783.00 Scholarships expenses paid out in the amount of $12,500.00 Gala Expenses $14,095.08 Admin Fees/supplies $31,409.5

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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 $83,595
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $83,595

Expense Breakdown

Grants Paid $58,005
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $58,005
Other Expenses $0
TOTAL EXPENSES $58,005

Year-over-Year Comparison

2023 2022 Change
Revenue $83,595 $151,238 -0.4%
Expenses $58,005 N/A N/A
Net Income $25,590 $151,238 -0.8%
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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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
10

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
na na N/A
$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
2023 $83,595 $58,005 No data $25,590
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