HEALTHY BLACK FAMILIES INC (EIN 463142614) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

HEALTHY BLACK FAMILIES INC, founded in 2013, is a small nonprofit in the Health Care sector that reported $765K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $928K exceeded revenue, resulting in a 21% operating deficit.

Mission

The mission of the organization is to support the growth and development of healthy black families and individuals

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $33,772

Program Service Revenue $668,189

Investment Income $0

Other Revenue $63,357

TOTAL REVENUE $765,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $613,330

Fundraising Expenses $0

Other Expenses $315,084

TOTAL EXPENSES $928,414

Year-over-Year Comparison

	2023	2022	Change
Revenue	$765,318	$1,085,832	-0.3%
Expenses	$928,414	$872,982	+0.1%
Net Income	$-163,096	$212,850	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

N/A

Employees

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Wilhelmenia Wilson	CEO	40		$115,000	$0	$115,000
Vicki Alexander	Founder Emetrius Board Member	N/A	Director	$0	$0	$0
Tashae Crossland	Secretary	N/A	Director	$0	$0	$0
Suzette Chaumette	President	N/A	Director	$0	$0	$0
Troy D White	Treasurer	N/A	Director	$0	$0	$0
Sitar Mody Scott	Vice President	N/A	Director	$0	$0	$0
Rosalind Welch	Director	N/A	Director	$0	$0	$0
Brian Sullivan	Director	N/A	Director	$0	$0	$0
Charles Ryan	Director	N/A	Director	$0	$0	$0
Cynthia Joseph	Director	N/A	Director	$0	$0	$0
Codany Holiday	Director	N/A	Director	$0	$0	$0
Shawn Granberry	Director	N/A	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	$765,318	$928,414	$216,033	$-163,096
2022	$1,085,832	$872,982	$377,665	$212,850
2021	$663,259	$808,664	$185,703	$-145,405
2020	$939,938	$598,088	$395,803	$341,850
2019	$514,132	$600,914	$20,777	$-86,782
2018	$493,050	$483,338	$84,095	$9,712

HEALTHY BLACK FAMILIES INC