Washington Minority Business Advis… - Form 990 Financial Data

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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

2014

Legal Domicile

Principal Officer

Taylor Hoang

Phone

2068538793

Tax Period

2019-01-01 to 2019-12-31

Washington Minority Business Advisory Council, founded in 2014, is a small nonprofit that reported $129K in total revenue in fiscal year 2019. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $175K exceeded revenue, resulting in a 35% operating deficit.

Mission

To promote the general advancement of ethnic business that navigate complex business barriers such as cultural and language differences

Program Service Accomplishments

Program 1

Expenses: $148,756 Revenue: $128,149

Business outreach, education and marketing. EBC worked with approximately 180 small businesses and had 38,000 visits to its website.

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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 (2019)

Revenue Breakdown

Contributions & Grants $129,163

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $129,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,619

Fundraising Expenses $0

Program Expenses $148,756

Other Expenses $135,378

TOTAL EXPENSES $174,997

Year-over-Year Comparison

	2019	2018	Change
Revenue	$129,163	$344,225	-0.6%
Expenses	$174,997	$297,901	-0.4%
Net Income	$-45,834	$46,324	-2.0%

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

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
Markham McIntyre	Secretary	1.00	Officer Director	$0	$0	$0
Lex Nepomuceno	Board member	1.00	Director	$0	$0	$0
Betsy Mcfeely	Board member	1.00	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
2019	$129,163	$174,997	No data	$-45,834
2018	$344,225	$297,901	$49,812	$46,324

Washington Minority Business Advisory Council