TAMPA BAY BLACK BUSINESS INTIATIVE FUNDS

EIN: 592849317 501(c)(3)

TAMPA, FL

Total Revenue
$74,377
Total Expenses
$41,070
Total Assets
$745,660
Net Assets
$691,345
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
FL
Principal Officer
ALBERT LEE
Phone
8134254023
Tax Period
2023-01-01 to 2023-12-31

TAMPA BAY BLACK BUSINESS INTIATIVE FUNDS, founded in 1997, is a micro nonprofit that reported $74K in total revenue in fiscal year 2023. The organization ran a surplus of $33K, a strong 45% operating margin.

Mission

PROVIDING FINANCIAL ASSISTANCE IN THE FORM OF LOANS OR GUARANTEES TO NEW AND DEVELOPING MINORITY OWNED BUSINESSES

Program Service Accomplishments

Program 1

PROVIDES LOAN GARANTEES OVER 500000 TO POTENTIAL AND CURRENT MINORITY BUSINESS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $74,347
Investment Income $30
Other Revenue $0
TOTAL REVENUE $74,377

Expense Breakdown

Grants Paid $11,352
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $29,718
TOTAL EXPENSES $41,070

Year-over-Year Comparison

2023 2022 Change
Revenue $74,377 N/A N/A
Expenses $41,070 N/A N/A
Net Income $33,307 N/A N/A
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALBERT LEE PRESIDENT 020.00
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 $74,377 $41,070 $745,660 $33,307
2020 $149,542 $50,256 $846,514 $99,286
2019 $67,371 $76,985 $747,322 $-9,614
2018 $223,106 $211,981 $656,356 $11,125
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TAMPA BAY BLACK BUSINESS INTIATIVE FUNDS with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.