CONCERNED BLACK MEN OF RICHMOND VA INC (EIN 521584862) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

THOMAS CANNON JR

Phone

8043432680

Tax Period

2024-09-01 to 2025-08-31

CONCERNED BLACK MEN OF RICHMOND VA INC, founded in 1986, is a micro nonprofit in the Community Improvement sector that reported $12K in total revenue in fiscal year 2021. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $4K, a strong 35% operating margin.

Mission

PROVIDE PROGRAM SERVICES FOR INNER CITY YOUTH, TUTORING, MENTORING & EDUCATIONAL ACTIVITIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,254

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $14,254

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,851

Other Expenses $18,086

TOTAL EXPENSES $18,086

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,254	$15,519	-0.1%
Expenses	$18,086	$16,344	+0.1%
Net Income	$-3,832	$-825	+3.6%

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

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
TIMOTHY MALLORY	PRES	4.00	Officer Director	$0	$0	$0
THOMAS DEVAUGHN	VP	4.00	Officer Director	$0	$0	$0
THOMAS CANNON JR	TREASURER	4.00	Officer Director	$0	$0	$0
KEVIN CARTER JR	SECTY	4.00	Officer 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
2025	$14,254	$18,086	No data	$-3,832
2024	$15,519	$16,344	No data	$-825
2023	$25,336	$26,021	No data	$-685
2022	$11,951	$7,758	No data	$4,193

CONCERNED BLACK MEN OF RICHMOND VA INC