Boston, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)New England Blacks in Philanthropy Inc, founded in 2014, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.5M exceeded revenue, resulting in a 36% operating deficit.
CHANGING THE PRACTICE OF PHILANTHROPY THROUGH GIVING BLACK. OUR MISSION IS TO INFORM, REFORM, AND TRANSFORM THE PRACTICE OF PHILANTHROPY. WE ARE BRINGING FORTH A PARADIGM SHIFT IN FROM FOCUSING ON BLACK DEFICITS TO SHINING A LIGHT ON OUR CONSIDERABLE POTENTIAL AND FINANCIAL LEVERAGE IN ORDER TO INCREASE THE ASSETS IN OUR COMMUNITIES WITH THE POWER OF BLACK PHILANTHROPY. WE ARE DOING THIS BY CREATING A STRONG ALLIANCE BETWEEN FUNDERS AND BLACK COMMUNITIES. ALONG THE WAY, WE PROVIDE TOOLS AND RESOURCES TO HELP FOUNDATIONS AND OTHER GIVING ORGANIZATIONS MAKE INFORMED GRANT MAKING DECISIONS ABOUT THEIR SUPPORT IN OUR COMMUNITIES
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,089,754 | $958,278 | +0.1% |
| Expenses | $1,478,477 | $944,238 | +0.6% |
| Net Income | $-388,723 | $14,040 | -28.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Bithiah Carter | President & CEO | 40.00 |
Officer
Director
|
$130,000 | $27,510 | $157,510 |
| Nicole Price | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Leon Bailey | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lorenzo Newsome | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| George Thorn | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Killins | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Audra Meadows | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,089,754 | $1,478,477 | $627,848 | $-388,723 |
| 2022 | $958,278 | $944,238 | $993,779 | $14,040 |
| 2021 | $1,320,753 | $795,409 | $1,016,422 | $525,344 |
| 2020 | $842,443 | $487,526 | $402,437 | $354,917 |
| 2019 | $239,145 | $347,254 | $34,766 | $-108,109 |
Compare New England Blacks in Philanthropy Inc with other nonprofits in Massachusetts and across the country.