BLACKDOCTOR FOUNDATION (EIN 812072673) - 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

Reginald Ware

Phone

3122221205

Tax Period

2024-01-01 to 2024-12-31

BLACKDOCTOR FOUNDATION, founded in 2016, is a small nonprofit in the Health Care sector that reported $360K in total revenue in fiscal year 2024. Revenue surged 157% from the prior year, signaling strong growth momentum. Expenses of $440K exceeded revenue, resulting in a 22% operating deficit.

Mission

Reducing health disparities for underserved communities while transforming lives for the better by bringing partners together to educate, provide resources and develop the next generation of minority leaders.

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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 (2024)

Revenue Breakdown

Contributions & Grants $15,000

Program Service Revenue $345,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $360,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $439,890

Other Expenses $439,890

TOTAL EXPENSES $439,890

Year-over-Year Comparison

	2024	2023	Change
Revenue	$360,000	$140,000	+1.6%
Expenses	$439,890	N/A	N/A
Net Income	$-79,890	$140,000	-1.6%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Reginald Ware	President And Treasurer	2	Officer	$0	$0	$0
Gerald Beechum	Board Member	2	Officer	$0	$0	$0
Randal Brooks	Board Memeber	2	Officer	$0	$0	$0
Greg Graham	Board Meember	2	Officer	$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	$360,000	$439,890	$15,860	$-79,890

BLACKDOCTOR FOUNDATION