Baltimore Fashion Alliance LTD

EIN: 800651580 501(c)(3) Human Services

Baltimore, MD

Total Revenue
$216,390
Total Expenses
$232,805
Total Assets
$20,870
Net Assets
$20,870
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MD
Principal Officer
Christopher Schafer
Phone
4434383705
Tax Period
2024-01-01 to 2024-12-31

Baltimore Fashion Alliance LTD, founded in 2010, is a small nonprofit in the Human Services sector that reported $216K in total revenue in fiscal year 2024. Revenue surged 183% from the prior year, signaling strong growth momentum.

Mission

To provide professionals in the fashion industry superior education, networking and resources as well as giving back to the community through charitable programs and contributions.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $213,570
Program Service Revenue $0
Investment Income $0
Other Revenue $2,820
TOTAL REVENUE $216,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,381
Program Expenses $194,105
Other Expenses $232,805
TOTAL EXPENSES $232,805

Year-over-Year Comparison

2024 2023 Change
Revenue $216,390 $76,549 +1.8%
Expenses $232,805 $104,643 +1.2%
Net Income $-16,415 $-28,094 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
50

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
$0
Total Directors
5
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Schafer CEO & Founder, Executive Director 1.00
Officer Director Key Emp
$0 $0 $0
Nancy Thrush Treasurer 1.00
Director
$0 $0 $0
Lashelle Bynum Secretary 1.00
Director
$0 $0 $0
Malik Minor Member 1.00
Director
$0 $0 $0
Bill Thrush Vice President 1.00
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 $216,390 $232,805 $20,870 $-16,415
2023 $76,549 $104,643 $37,285 $-28,094
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Baltimore Fashion Alliance LTD with other nonprofits in Maryland and across the country.