BLACK MALE WORKING ACADEMY INC (EIN 811743559) - 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

2016

Legal Domicile

Principal Officer

FELICIA CHISM

Tax Period

2023-08-01 to 2024-07-31

BLACK MALE WORKING ACADEMY INC, founded in 2016, is a small nonprofit in the Education sector that reported $469K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $78K, a strong 17% operating margin.

Mission

OUR MISSION IS TO GIVE SUPPORT TO AFRICAN AMERICAN MALES WHEN THEY TAKE ADVANCED AND AP CLASSES, TO HELP THEM BECOME COLLEGE AND CAREER READY. TO PROVIDE ACT AND SAT PREP CLASSES. PROVIDE YOUNG MEN ANNUALLY WITH COLLEGE AND EDUCATIONAL TRIP BOTH STATE SIDE AND INTERNATIONALLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $81,400

Program Service Revenue $382,659

Investment Income $5

Other Revenue $4,612

TOTAL REVENUE $468,676

Expense Breakdown

Grants Paid $50,604

Salaries & Benefits $81,830

Fundraising Expenses $0

Program Expenses $378,299

Other Expenses $257,769

TOTAL EXPENSES $390,203

Year-over-Year Comparison

	2023	2022	Change
Revenue	$468,676	$585,776	-0.2%
Expenses	$390,203	$661,203	-0.4%
Net Income	$78,473	$-75,427	-2.0%

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

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

$22,694

Total Directors

$22,694

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSZALYN AKINS	EXECUTIVE DIRECTOR	25.00	Officer Director	$19,094	$0	$19,094
FELICIA CHISM	TREASURER	20.00	Officer Director	$3,600	$0	$3,600
VEDA STEWART	BOARD MEMBER	10.00	Director	$0	$0	$0
ANTHONY DAVIS	BOARD MEMBER	5.00	Director	$0	$0	$0
GLENDA HUMPHREY GEORGE	VICE CHAIR	10.00	Director	$0	$0	$0
LYNETTE WOOLRIDGE	BOARD MEMBER	15.00	Director	$0	$0	$0
ROGER CLEVELAND	CHAIRMAN OF THE BOARD	15.00	Director	$0	$0	$0
NATASHA RAMSEY	SECRETARY	10.00	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	$468,676	$390,203	$197,319	$78,473
2023	$585,776	$661,203	$120,781	$-75,427
2022	$500,165	$564,685	$193,685	$-64,520
2021	$83,913	$88,690	$260,464	$-4,777
2020	$333,943	$331,083	$264,989	$2,860
2019	$538,867	$367,482	$264,901	$171,385

BLACK MALE WORKING ACADEMY INC