Black Voters Matter Fund Inc

EIN: 813625061

Atlanta, GA

Total Revenue
$3,388,748
Total Expenses
$4,583,715
Total Assets
$506,571
Net Assets
$356,813
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
GA
Principal Officer
Clifford Albright
Tax Period
2022-09-01 to 2023-08-31

Black Voters Matter Fund Inc, founded in 2016, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $4.6M exceeded revenue, resulting in a 35% operating deficit.

Mission

Our goal is to increase power in our communities through effective voting. We increase voter registration and help develop voting infrastructure and to pursue policies that expands access to the ballot.

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,372,493
Program Service Revenue $0
Investment Income $9,090
Other Revenue $7,165
TOTAL REVENUE $3,388,748

Expense Breakdown

Grants Paid $813,500
Salaries & Benefits $1,055,070
Fundraising Expenses $73,986
Program Expenses $4,071,325
Other Expenses $2,715,145
TOTAL EXPENSES $4,583,715

Year-over-Year Comparison

2022 2021 Change
Revenue $3,388,748 $4,356,313 -0.2%
Expenses $4,583,715 $4,596,632 0.0%
Net Income $-1,194,967 $-240,319 +4.0%
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

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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
3
Independent Members
3
Employees
69
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
3
$723,458
Total Directors
3
$0
Key Employees
1
$155,000
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Clifford Albright Executive Director 8.00
Officer
$59,212 $0 $296,061
LaTosha Brown Chief Doer 8.00
Officer
$57,573 $0 $287,864
April Albright National Legal Director 8.00
Key Emp
$31,000 $0 $155,000
Zenobia H Russell CFO 8.00
Officer
$27,907 $0 $139,533
Wanda Mosley National Field Director 8.00
Highest
$27,829 $0 $139,146
Renee Smith Director of Operations 8.00
Highest
$26,781 $0 $133,906
Alexis Buchanan Thomas Development Director 8.00
Highest
$26,726 $0 $133,629
Kamau Franklin Board Member 10.00
Director
$0 $0 $0
Rhonda Briggins Board Member 10.00
Director
$0 $0 $0
Monifa Bandele Board Member 10.00
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 No data No data No data No data
2023 $3,388,748 $4,583,715 $506,571 $-1,194,967
2022 $4,356,313 $4,596,632 $2,298,998 $-240,319
2021 $10,246,354 $13,019,567 $2,328,733 $-2,773,213
2021 $10,221,359 $12,994,572 $2,328,733 $-2,773,213
2020 $5,003,942 $1,409,549 $4,579,869 $3,594,393
2018 $1,823,809 $1,423,342 $422,542 $400,467
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