TAMPA BAY BLACK HERITAGE FESTIVAL INC (EIN 593710725) - 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

2001

Legal Domicile

Principal Officer

RUBY JACKSON

Tax Period

2024-07-01 to 2025-06-30

TAMPA BAY BLACK HERITAGE FESTIVAL INC, founded in 2001, is a small nonprofit in the Recreation & Sports sector that reported $451K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

To educationally increase and enrich the level of knowledge and understanding of African American history and culture both cross culturally and among African Americans to increase diversity awareness.

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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 (2024)

Revenue Breakdown

Contributions & Grants $34,317

Program Service Revenue $398,758

Investment Income $0

Other Revenue $17,608

TOTAL REVENUE $450,683

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $414,559

Other Expenses $452,304

TOTAL EXPENSES $452,304

Year-over-Year Comparison

	2024	2023	Change
Revenue	$450,683	$393,377	+0.1%
Expenses	$452,304	$388,809	+0.2%
Net Income	$-1,621	$4,568	-1.4%

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
RUBY JACKSON	CHAIR	6	Director	$0	$0	$0
FREDDIE MOORE	BOARD MEMBER	1	Director	$0	$0	$0
MIKE WASHINGTON	BOARD MEMBER	1	Director	$0	$0	$0
CONNIE HICKS	BOARD MEMBER	1	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	$450,683	$452,304	$15,569	$-1,621
2024	$371,266	$413,138	$4,054	$-41,872
2023	$393,377	$388,809	$18,419	$4,568
2022	$225,654	$252,427	$11,850	$-26,773
2021	$234,618	$274,496	$51,833	$-39,878
2020	$292,377	$288,077	$62,067	$4,300
2019	$236,696	$207,404	$61,845	$29,292

TAMPA BAY BLACK HERITAGE FESTIVAL INC