BLACK ACHIEVERS INC (EIN 460862487) - 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

2012

Legal Domicile

Principal Officer

HERBERT L BELLAMY JR

Phone

7168841490

Tax Period

2024-07-01 to 2025-06-30

BLACK ACHIEVERS INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $210K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $342K exceeded revenue, resulting in a 63% operating deficit.

Mission

BLACK ACHIEVERS , INC RECOGNIZE AND PROMOTES THE ACHIEVEMENTS OF AFRICAN AMERICAN INDIVIDUALS WHO HAVE BEEN SUCCESSFUL IN BUSINESS AND INDUSTRY IN WESTERN NEW YORK, PARTICULARLY THE CITY OF BUFFALO. TO FURTHER THESE PURPOSES , THE CORPORATION HOSTS AN ANNUAL DINNER AT WHICH SUCCESSFUL INDIVIDUALS FROM THE WESTERN NEW YORK BUSINESS AND INDUSTRY COMMUNITIES ARE PUBLICLY RECOGNIZED. THIS ACTIVITY FURTHERS THE CHARITABLE PURPOSES OF COMBATTING RACIAL DISCRIMINATION , STOPPING COMMUNITY DETERIORATION, AND EDUCATING THE PUBLIC.

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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 $209,579

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $209,579

Expense Breakdown

Grants Paid $24,660

Salaries & Benefits $2,150

Fundraising Expenses $0

Program Expenses $309,819

Other Expenses $314,696

TOTAL EXPENSES $341,506

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,579	$404,733	-0.5%
Expenses	$341,506	$290,256	+0.2%
Net Income	$-131,927	$114,477	-2.2%

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

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
HERBERT BELLAMY JR	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
MINNIE CLEMONS	TREASURER	2.00	Officer Director	$0	$0	$0
WILLIAM PULLIAM	DIRECTOR	2.00	Director	$0	$0	$0
F RENEE BELLAMY	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT L ROBINSON II	DIRECTOR	2.00	Director	$0	$0	$0
DARLENE B MCCUNE	DIRECTOR	2.00	Director	$0	$0	$0
JAMES HILL JR	DIRECTOR	2.00	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
2025	$209,579	$341,506	$271,447	$-131,927
2024	No data	No data	No data	No data
2018	$168,986	$171,959	$11,067	$-2,973

BLACK ACHIEVERS INC