Blackfem Inc

EIN: 475331017 501(c)(3) Human Services

GERMANTOWN, MD

Total Revenue
$983,380
Total Expenses
$544,710
Total Assets
$514,334
Net Assets
$498,469
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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
NY
Phone
3015251795
Tax Period
2024-01-01 to 2024-12-31

Blackfem Inc, founded in 2015, is a small nonprofit in the Human Services sector that reported $983K in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $439K, a strong 45% operating margin.

Mission

BLACKFEM PARTNERS WITH THE NATION'S MOST FORWARD-THINKING GOVERNMENTAL BODIES AND ACTIVISTS TO REIMAGINE WEALTH BUILDING OPPORTUNITIES FOR BLACK WOMEN.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $383,380
Program Service Revenue $600,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $983,380

Expense Breakdown

Grants Paid $0
Salaries & Benefits $400,350
Fundraising Expenses $0
Program Expenses $532,336
Other Expenses $144,360
TOTAL EXPENSES $544,710

Year-over-Year Comparison

2024 2023 Change
Revenue $983,380 $534,996 +0.8%
Expenses $544,710 $880,613 -0.4%
Net Income $438,670 $-345,617 -2.3%
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

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Governance

Voting Members
4
Independent Members
4
Employees
3
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
1
$262,566
Total Directors
4
$337,797
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chloe McKenzie Executive Dir. 40.00
Officer Director
$262,566 $0 $262,566
John Watts Treasurer 10.00
Director
$75,231 $0 $75,231
Heiyab Tessema Chairman 1.00
Director
$0 $0 $0
Jihan Dubose President 3.00
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
2024 $983,380 $544,710 $514,334 $438,670
2023 $534,996 $880,613 $68,105 $-345,617
2022 $619,222 $580,265 $160,561 $38,957
2022 $731,604 $350,583 $424,143 $381,021
2020 $181,339 $166,924 $62,264 $14,415
2019 $347,168 $340,850 $53,372 $6,318
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