BLACK BUSINESS COMMUNITY DEVELOPMENT CORPORATION (EIN 593179911) - 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

1993

Legal Domicile

Principal Officer

Inez Long

Phone

4076494780

Tax Period

2022-10-01 to 2023-09-30

BLACK BUSINESS COMMUNITY DEVELOPMENT CORPORATION, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $681K in total revenue in fiscal year 2022. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $2.8M exceeded revenue, resulting in a 318% operating deficit.

Mission

The development of African American businesses; the assistance to the development of small, minority and woman-owned businesses regardless of race, ethnicity and gender.

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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 $679,426

Program Service Revenue $0

Investment Income $1,493

Other Revenue $0

TOTAL REVENUE $680,919

Expense Breakdown

Grants Paid $2,000,500

Salaries & Benefits $94,706

Fundraising Expenses $0

Program Expenses $2,576,432

Other Expenses $753,010

TOTAL EXPENSES $2,848,216

Year-over-Year Comparison

	2022	2021	Change
Revenue	$680,919	$3,050,357	-0.8%
Expenses	$2,848,216	$730,391	+2.9%
Net Income	$-2,167,297	$2,319,966	-1.9%

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

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

$180,957

Total Directors

$642,705

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
INEZ LONG	DIRECTOR	8.00	Director Highest	$0	$0	$461,748
ORANIE REED	VICE PRESIDENT OF FINANCE	0.00	Highest	$0	$0	$177,721
DUANE LEWIS	EXECUTIVE DIRECTOR	8.00	Officer Director Highest	$0	$0	$180,957
JASMINE GEBON	V.P. STRATEGIC INITIATIVES	0.00	Highest	$0	$0	$148,535
DONNA DINGLE	DIRECTOR OF COMPLIANCE	0.00	Highest	$0	$0	$102,855
LAWRENCE CHUKWU	DIRECTOR	4.00	Officer Director	$0	$0	$0
SUSAN BROSCH	BOARD CHAIR	8.00	Officer Director	$0	$0	$0
KIMBERLY ROBINSON	BOARD VICE CHAIR	4.00	Officer Director	$0	$0	$0
FOZIA ANDARGE	TREASURER/SECRETARY	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$680,919	$2,848,216	$2,237,735	$-2,167,297
2022	$3,050,357	$730,391	$4,772,373	$2,319,966
2021	$4,102,775	$5,286,471	$2,368,994	$-1,183,696
2020	$2,546,950	$1,264,138	$3,600,767	$1,282,812
2019	$2,176,695	$4,409	$2,194,474	$2,172,286
2018	$275,000	$72,999	$132,513	$202,001

BLACK BUSINESS COMMUNITY DEVELOPMENT CORPORATION