THE BLACK BUSINESS ALLIANCE INC (EIN 475102290) - 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

2015

Legal Domicile

Principal Officer

DOUGLAS BURKE

Phone

4752388298

Tax Period

2024-01-01 to 2024-12-31

THE BLACK BUSINESS ALLIANCE INC, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $247K, a strong 18% operating margin.

Mission

THE ORGANIZATION SEEKS TO ACT AS A PRIMARY COLLABORATIVE ENTITY FOR LOCAL AND STATEWIDE BLACK AND MINORITY BUSINESSES TO CREATE A CULTURE OF MINI ECOSYSTEMS TO BUILD SELF-WORTH, CAPACITY BUILDING AND COMMUNITY INCLUSION.

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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 $1,343,959

Program Service Revenue $0

Investment Income $0

Other Revenue $1,000

TOTAL REVENUE $1,344,959

Expense Breakdown

Grants Paid $300,000

Salaries & Benefits $294,557

Fundraising Expenses $0

Program Expenses $1,098,120

Other Expenses $503,563

TOTAL EXPENSES $1,098,120

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,344,959	$695,835	+0.9%
Expenses	$1,098,120	$836,824	+0.3%
Net Income	$246,839	$-140,989	-2.8%

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

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
WILLIE MCBRIDE	SECRETARY	1.00	Director	$0	$0	$0
GLEN DAVIS	TREASURER	5.00	Director	$0	$0	$0
JAMERKA MORRISON-JEFFRIES	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA BELLAMY FLUCKER	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL STROUD	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY STEWARD	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUGLAS BURKE	BOARD CHAIR	5.00	Officer	$0	$0	$0
ANNE-MARIE BRUNGARD-KNIGHT	EXECUTIVE DIRECTOR	40.00	Highest	$144,000	$0	$144,000

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	$1,344,959	$1,098,120	$392,498	$246,839
2023	$695,835	$836,824	$167,503	$-140,989
2022	$912,074	$674,234	$268,591	$237,840
2021	$243,922	$378,932	$30,871	$-135,010
2020	$11,815	$47,952	$7,622	$-36,137
2019	$336,932	$454,244	$89,819	$-117,312
2018	$454,450	$345,729	No data	$108,721

THE BLACK BUSINESS ALLIANCE INC