BLACK COOPERATIVE IMPACT FUND (EIN 814320957) - 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

ROBERT LEWIS

Phone

3109046336

Tax Period

2023-01-01 to 2023-12-31

BLACK COOPERATIVE IMPACT FUND, founded in 2016, is a small nonprofit in the Employment sector that reported $333K in total revenue in fiscal year 2023. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $78K, a strong 23% operating margin.

Mission

Based on cooperative economics, BCIF is a community-based organization that provides microloans to the Black community through pooled dollars and raises awareness about the importance of economic empowerment, equity and wealth building, with a focus on SoCal communities.

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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 $332,121

Program Service Revenue $835

Investment Income $0

Other Revenue $0

TOTAL REVENUE $332,956

Expense Breakdown

Grants Paid $22,739

Salaries & Benefits $60,000

Fundraising Expenses $15,236

Program Expenses $108,791

Other Expenses $172,618

TOTAL EXPENSES $255,357

Year-over-Year Comparison

	2023	2022	Change
Revenue	$332,956	$147,013	+1.3%
Expenses	$255,357	$149,737	+0.7%
Net Income	$77,599	$-2,724	-29.5%

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

$60,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Lewis	President	1.00	Officer	$60,000	$0	$60,000
CARRON BROWN	Director	1.00	Director	$0	$0	$0
TIM DODD	Director	1.00	Director	$0	$0	$0
MICHAEL RAEFORD	Director	1.00	Director	$0	$0	$0
TIANA SANCHEZ	Director	1.00	Director	$0	$0	$0
KELVIN SAULS	Director	1.00	Director	$0	$0	$0
DAMON HALEY	Director	1.00	Director	$0	$0	$0
ATIYANA EVELIN	Director	1.00	Director	$0	$0	$0
BARBARA BICKHAM	Director	1.00	Director	$0	$0	$0
MELANIE MACK	Vice President	1.00	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
2023	$332,956	$255,357	$563,765	$77,599
2022	$147,013	$149,737	$507,477	$-2,724
2021	$387,816	$69,156	$510,201	$318,660
2020	$172,371	$28,130	$191,541	$144,241
2019	$29,026	$37,670	$47,550	$-8,644
2018	$52,044	$51,179	$56,074	$865
2018	$56,787	$66,447	$21,609	$-9,660

BLACK COOPERATIVE IMPACT FUND