BLACK ECONOMIC UNION OF GREATER KC (EIN 430950430) - 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

1968

Legal Domicile

Principal Officer

CATHLEEN BRODHURST

Phone

8164741080

Tax Period

2023-01-01 to 2023-12-31

BLACK ECONOMIC UNION OF GREATER KC, founded in 1968, is a micro nonprofit that reported $55K in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. Expenses of $79K exceeded revenue, resulting in a 45% operating deficit.

Mission

COMUNITY ECONOMIC DEVELOPMENT & SUBSTAINIBILITY

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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 $50,925

Program Service Revenue $3,667

Investment Income $0

Other Revenue $0

TOTAL REVENUE $54,592

Expense Breakdown

Grants Paid $948

Salaries & Benefits $35,130

Fundraising Expenses $0

Program Expenses $9,424

Other Expenses $42,879

TOTAL EXPENSES $78,957

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,592	$31,236	+0.7%
Expenses	$78,957	$224,602	-0.6%
Net Income	$-24,365	$-193,366	-0.9%

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

$30,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY BRODHURST	PRESIDENT/CHAIR	20.00	Key Emp	$0	$0	$30,000
CHARLES PARKER	TREASURER	1.00	Director	$0	$0	$0
MARITNEZ DENMON	SECRETARY	1.00	Officer Director	$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	$54,592	$78,957	$1,755,370	$-24,365
2022	$31,236	$224,602	$1,814,572	$-193,366
2021	$2,231,026	$265,034	$2,958,820	$1,965,992
2021	$2,216,026	$264,834	$3,055,846	$1,951,192
2020	$5,458	$262,072	$883,944	$-256,614
2019	$193,051	$102,333	$1,142,209	$90,718
2018	$39,817	$169,189	$1,077,630	$-129,372
2017	$-1,131,228	$134,796	$1,037,834	$-1,266,024
2017	$-1,131,228	$134,796	$1,037,834	$-1,266,024
2016	$296,604	$366,703	$2,702,629	$-70,099

BLACK ECONOMIC UNION OF GREATER KC