Lee County Black History Society Inc

EIN: 650449973 501(c)(3) Arts, Culture & Humanities

Fort Myers, FL

Total Revenue
$264,972
Total Expenses
$147,926
Total Assets
$185,250
Net Assets
$185,250
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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
FL
Tax Period
2023-01-01 to 2023-12-31

Lee County Black History Society Inc, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $265K in total revenue in fiscal year 2023. The organization ran a surplus of $117K, a strong 44% operating margin.

Mission

To preserve and commemorate the cultural and educational contributions by both locally and nationally known Black People.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $261,561
Program Service Revenue $3,411
Investment Income $0
Other Revenue $0
TOTAL REVENUE $264,972

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,528
Fundraising Expenses $16,054
Program Expenses $115,696
Other Expenses $76,398
TOTAL EXPENSES $147,926

Year-over-Year Comparison

2023 2022 Change
Revenue $264,972 N/A N/A
Expenses $147,926 N/A N/A
Net Income $117,046 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
5
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Herbia Green Secretary Director 2.00
Officer Director
$0 $0 $0
Harriet Myers Treasurer Director 5.00
Officer Director
$0 $0 $0
Charles Barnes Chairman Director 6.00
Officer Director
$0 $0 $0
Ford Lee Vice Chairman Director 2.00
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
2023 $264,972 $147,926 $185,250 $117,046
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