Black Owned Media Alliance Inc

EIN: 811401937 501(c)(3) Human Services

Miami, FL

Total Revenue
$323,799
Total Expenses
$317,387
Total Assets
$49,229
Net Assets
$49,229
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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
2016
Legal Domicile
FL
Principal Officer
JESSE J COLEMAN Jr
Tax Period
2025-01-01 to 2025-12-31

Black Owned Media Alliance Inc, founded in 2016, is a small nonprofit in the Human Services sector that reported $324K in total revenue in fiscal year 2025. Revenue decreased 20% compared to the prior year.

Mission

BOMA is a collective of dynamic and influential Black-owned media outlets committed to amplifying the voices and experiences of the Black Diaspora. Our mission is to empower brands with culturally resonant marketing strategies that drive engagement,loyalty, and long-term growth.

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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 (2025)

Revenue Breakdown

Contributions & Grants $323,799
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $323,799

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $317,387
Other Expenses $317,387
TOTAL EXPENSES $317,387

Year-over-Year Comparison

2025 2024 Change
Revenue $323,799 $403,324 -0.2%
Expenses $317,387 $385,119 -0.2%
Net Income $6,412 $18,205 -0.6%
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
19
Independent Members
19
Employees
N/A
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
1
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSE J COLEMAN Jr PRESIDENT 3.00
Officer Director
$0 $0 $0
JESSICA MODKINS VICE PRESIDENT 3.00
Director
$0 $0 $0
SAKEENA MATHIS SECRETARY 3.00
Director
$0 $0 $0
STEPHANIE VAN VARK TREASURER 3.00
Director
$0 $0 $0
PETER WEBLEY PARLIAMENTARIAN 3.00
Director
$0 $0 $0
FRANCOIS LECONTE BOARD MEMBER 3.00
Director
$0 $0 $0
WOODIE LESENE BOARD MEMBER 3.00
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
2025 $323,799 $317,387 $49,229 $6,412
2024 No data No data No data No data
2023 $318,949 $305,146 $24,612 $13,803
2022 $121,736 $120,444 $10,809 $1,292
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