BLACK BUSINESS INVESTMENT FUND INC (EIN 592861155) - 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

1987

Legal Domicile

Phone

4076494780

Tax Period

2022-10-01 to 2023-09-30

BLACK BUSINESS INVESTMENT FUND INC, founded in 1987, is a mid-sized nonprofit that reported $10.0M in total revenue in fiscal year 2022. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.0M, a strong 40% operating margin.

Mission

The mission is to develop and promote Black business enterprises through education, training, loans, investments, and other activities and aggressively promote an atmosphere conducive to their development.

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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 $6,545,392

Program Service Revenue $3,351,625

Investment Income $132,572

Other Revenue $0

TOTAL REVENUE $10,029,589

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $3,175,747

Fundraising Expenses $0

Program Expenses $4,753,554

Other Expenses $2,814,927

TOTAL EXPENSES $6,040,674

Year-over-Year Comparison

	2022	2021	Change
Revenue	$10,029,589	$5,545,494	+0.8%
Expenses	$6,040,674	$4,296,233	+0.4%
Net Income	$3,988,915	$1,249,261	+2.2%

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

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

$1,071,816

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
INEZ LONG	PRESIDENT/CEO	40.00	Officer Highest	$461,748	$0	$461,748
ORAINE REED	VP FINANCE	40.00	Officer Highest	$177,721	$0	$177,721
DUANE LEWIS	CHIEF OPERATING OFFICER	40.00	Officer Highest	$180,957	$0	$180,957
JASMINE GEBON	VP STRATEGIC INITIATIVES	40.00	Officer Highest	$148,535	$0	$148,535
DONNA DINGLE	DIRECTOR OF COMPLIANCE	40.00	Officer Highest	$102,855	$0	$102,855
JACQUELINE BARR	CHAIRPERSON	8.00	Director	$0	$0	$0
MARILYN DRAYTON	VICE CHAIR	6.00	Director	$0	$0	$0
SABRINA MARTINELLI	TREASURER	6.00	Director	$0	$0	$0
JOYCE ODONGO	SECRETARY	6.00	Director	$0	$0	$0
ESTHER MARSHALL	DIRECTOR	6.00	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	No data	No data	No data	No data
2023	$10,029,589	$6,040,674	$51,338,939	$3,988,915
2022	$5,545,494	$4,296,233	$34,553,467	$1,249,261
2021	$11,605,292	$4,414,353	$36,658,367	$7,190,939
2020	$3,994,375	$2,836,277	$15,995,199	$1,158,098
2019	$2,988,676	$2,441,733	$8,446,633	$546,943
2018	$2,715,252	$1,986,786	$6,084,837	$728,466

BLACK BUSINESS INVESTMENT FUND INC