NATL ORGN FOR THE PROF ADV OF BLACK CHEMISTS & CHEMICAL ENGINEERS (EIN 581285586) - 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

1975

Legal Domicile

Principal Officer

Viridiana Herrera

Phone

9898328627

Tax Period

2023-10-01 to 2024-09-30

NATL ORGN FOR THE PROF ADV OF BLACK CHEMISTS & CHEMICAL ENGINEERS, founded in 1975, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.7M exceeded revenue, resulting in a 35% operating deficit.

Mission

DEVELOP AND ASSIST BLACK & OTHER MINORITY STUDENTS & PROFESSIONAL IN FULLY REALIZING THEIR POTENTIAL IN ACADEMIC, PROFESSIONAL & ENTREPRENEURAL PURSUITS IN CHEMISTRY, CHEMICAL ENGINEERING AND ALLIED FIELDS

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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 (2023)

Revenue Breakdown

Contributions & Grants $111,631

Program Service Revenue $1,104,716

Investment Income $27,485

Other Revenue $0

TOTAL REVENUE $1,243,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,679,823

Other Expenses $1,679,823

TOTAL EXPENSES $1,679,823

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,243,832	$1,165,849	+0.1%
Expenses	$1,679,823	$1,573,523	+0.1%
Net Income	$-435,991	$-407,674	+0.1%

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

1000

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
BRIDGETTE SHANNON	PRESIDENT	8	Officer Director	$0	$0	$0
VICTORIA PARKER	SECRETARY	5	Officer Director	$0	$0	$0
Viridiana Herrera	TREASURER	10	Officer Director	$0	$0	$0
Sharon Thomas	Board Chair	5	Officer Director	$0	$0	$0
Tyrslai Williams	President-Elect	10.00	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
2024	$1,243,832	$1,679,823	$1,691,530	$-435,991
2023	$1,165,849	$1,573,523	$1,620,244	$-407,674
2022	$1,022,629	$573,356	$1,525,193	$449,273
2021	$714,435	$282,451	$1,085,327	$431,984

NATL ORGN FOR THE PROF ADV OF BLACK CHEMISTS & CHEMICAL ENGINEERS