100 Black Men of Charlotte Inc (EIN 561795371) - 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

1991

Legal Domicile

Principal Officer

AARON MEANS

Phone

7043757300

Tax Period

2022-07-01 to 2023-06-30

100 Black Men of Charlotte Inc, founded in 1991, is a small nonprofit that reported $351K in total revenue in fiscal year 2022. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $163K, a strong 46% operating margin.

Mission

Increase the quality of life of African American Youth through Mentoring Programs and Scholarships

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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 (2022)

Revenue Breakdown

Contributions & Grants $336,609

Program Service Revenue $13,167

Investment Income $1,056

Other Revenue $0

TOTAL REVENUE $350,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100,682

Other Expenses $188,283

TOTAL EXPENSES $188,283

Year-over-Year Comparison

	2022	2021	Change
Revenue	$350,832	$243,071	+0.4%
Expenses	$188,283	$229,185	-0.2%
Net Income	$162,549	$13,886	+10.7%

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

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
AARON MEANS	Chairman	N/A	Officer	$0	$0	$0
EDWIN TERRY	Treasurer	N/A	Officer	$0	$0	$0
C DUVALE MURCHISON	Member	N/A	Officer	$0	$0	$0
ROBERT TAYLOR	Member	N/A	Officer	$0	$0	$0
JAMES DUNHAM	Secretary	N/A	Officer	$0	$0	$0
CHARLES WALKER	Member	N/A	Officer	$0	$0	$0
DR RICHARD ROLLE	Member	N/A	Officer	$0	$0	$0
REGINALD GRANT	Member	N/A	Officer	$0	$0	$0
KENRIC BROOKS	Member	N/A	Officer	$0	$0	$0
DR BRANDON DANIELS	Member	N/A	Officer	$0	$0	$0
MICHAEL GUERIN	Member	N/A	Officer	$0	$0	$0
JOHNATHAN HILL	Member	N/A	Officer	$0	$0	$0
VICTOR MACK	Member	N/A	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
2023	$350,832	$188,283	$412,500	$162,549
2022	$243,071	$229,185	$269,281	$13,886
2021	$161,245	$157,682	$278,292	$3,563
2021	$208,407	$172,324	$278,292	$36,083
2020	$188,712	$211,831	$238,471	$-23,119
2019	$156,507	$201,619	$254,620	$-45,112
2018	$186,866	$173,362	$299,732	$13,504

100 Black Men of Charlotte Inc