NATIONAL BLACK FARMERS ASSOCIATION

🔒

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

2016

Legal Domicile

Phone

8046918528

Tax Period

2024-01-01 to 2024-12-31

NATIONAL BLACK FARMERS ASSOCIATION, founded in 2016, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.6M in total revenue in fiscal year 2024. The organization ran a surplus of $300K, a strong 18% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE IN RURAL COMMUNITIES THROUGH IMPROVED AGRICULTURAL OUTREACH, TECHNICAL ASSISTANCE, ACCESS TO CREDIT FOR SMALL FARMERS, FAMILY FARM BUSINESS DEVELOPMENT, FOOD DISTRIBUTION AND RURAL ECONOMIC DEVELOPMENT. THE NBFA VIEWS THESE OPPORTUNITIES AS A MEANS

Program Service Accomplishments

Program 1

Expenses: $1,333,409

THE ORGANIZATION HOSTED THE ANNUAL NATIONAL BLACK FARMERS ASSOCIATION CONFERENCE. THIS WAS A 2 DAY CONFERENCE WITH OVER 700 ATTENDEES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,632,966

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,632,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,360

Fundraising Expenses $0

Program Expenses $1,333,409

Other Expenses $1,330,049

TOTAL EXPENSES $1,333,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,632,966	N/A	N/A
Expenses	$1,333,409	N/A	N/A
Net Income	$299,557	N/A	N/A

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN W BOYD Jr	PRESIDENT AND CHAIRMAN	40.00	Officer	$0	$0	$0
TEQUORRA GREEN	TREASURER AND SECRETARY	20.00	Officer	$0	$0	$0
ERNEST LAMBERT	BOARD MEMBER	5.00	Officer	$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	$1,632,966	$1,333,409	$2,237,337	$299,557
2023	$2,407,528	$1,580,577	$2,330,455	$826,951
2022	$997,912	$1,259,499	$2,068,221	$-261,587
2021	$2,914,443	$1,174,448	$2,385,863	$1,739,995
2020	$639,025	$544,941	$936,175	$94,084
2019	$905,685	$525,675	$908,082	$380,010
2018	$438,905	$348,277	$122,801	$90,628
2017	$575,601	$596,823	$114,460	$-21,222