ARKANSAS BLACK MAYORS ASSOCIATION INC (EIN 710818651) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

ARKANSAS BLACK MAYORS ASSOCIATION INC, founded in 1972, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 556% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 13% surplus.

Mission

OUR MISSION IS TO FOSTER AN ENVIRONMENT CONDUCTIVE TO THE DEVELOPMENT, GROWTH, AND SUSTAINABILITY OF BLACK MAYORS IN MUNICIPALITIES LARGE AND SMALL

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,844

Program Service Revenue $1,251,920

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,262,764

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,515

Fundraising Expenses $0

Program Expenses $974,409

Other Expenses $888,152

TOTAL EXPENSES $1,092,667

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,262,764	$192,501	+5.6%
Expenses	$1,092,667	$123,540	+7.8%
Net Income	$170,097	$68,961	+1.5%

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

$5,250

Total Directors

$5,250

Key Employees

$115,501

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK BATEMAN	EXECUTIVE DIRECTOR	45.00	Key Emp	$115,501	$0	$115,501
ZOLA HUDSON	TREASURER	5.00	Officer Director	$5,250	$0	$5,250
HARRY BROWN	PARLIMENTARIAN	2.00	Director	$0	$0	$0
LEROY WRIGHT Sr	CHAPLAIN	2.00	Director	$0	$0	$0
DARYL HOWELL	AT-LARGE MEMBER	2.00	Director	$0	$0	$0
ETHAN DUNBAR	CHAIRMAN	3.00	Officer Director	$0	$0	$0
TAMIKA BUTLER	VICE-CHAIRMAN	3.00	Officer Director	$0	$0	$0
MELISA LOGAN	SECRETARY	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
2024	No data	No data	No data	No data
2023	$1,262,764	$1,092,667	$268,123	$170,097

ARKANSAS BLACK MAYORS ASSOCIATION INC