ASSOCIATION FOR BLACK ECONOMIC POWER (EIN 815486146) - 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

2017

Legal Domicile

Principal Officer

DEBRA L HURSTON

Phone

6125887821

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATION FOR BLACK ECONOMIC POWER, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $182K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $488K exceeded revenue, resulting in a 168% operating deficit.

Mission

CREATE PREVENTION AND INTERVENTION MODELS TO ADDRESS WEALTH EXTRACTION THROUGH SYSTEMS CHANGE AND THE DEVELOPMENT OF PRODUCTS AND SERVICES THAT PROVIDE GENERATIONAL WEALTH BUILDING OPPORTUNITIES AND ACCESS TO CAPITAL WHILE PROVIDING AN ALTERNATIVE TO TRADITIONAL PREDATORY, CULTURALLY INCOMPETENT AND INEQUITABLE PRACTICES.

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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 $165,296

Program Service Revenue $0

Investment Income $1,036

Other Revenue $15,864

TOTAL REVENUE $182,196

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,717

Fundraising Expenses $44,800

Program Expenses $345,896

Other Expenses $266,810

TOTAL EXPENSES $488,037

Year-over-Year Comparison

	2023	2022	Change
Revenue	$182,196	$500,502	-0.6%
Expenses	$488,037	$416,122	+0.2%
Net Income	$-305,841	$84,380	-4.6%

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

Employees

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBRA HURSTON	EXECUTIVE DIRECTOR	40.00	Officer	$100,000	$0	$100,000
DR JUNEAU ROBBINS	CHAIR	2.00	Officer Director	$0	$0	$0
GROVER JONES	TREASURER	2.00	Officer Director	$0	$0	$0
BEN HERING	SECRETARY	2.00	Officer Director	$0	$0	$0
VALERIE GEAITHER	DIRECTOR	2.00	Director	$0	$0	$0
GRACIE GEORGE	DIRECTOR	2.00	Director	$0	$0	$0
JAMES HOLMES	DIRECTOR	2.00	Director	$0	$0	$0
SEAN JAMES	DIRECTOR	2.00	Director	$0	$0	$0
IBRAHIM OWOLABI	DIRECTOR	2.00	Director	$0	$0	$0
AQUILLA ROBINSON	DIRECTOR	2.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$182,196	$488,037	$521,918	$-305,841
2022	$500,502	$416,122	$856,015	$84,380
2022	$500,502	$416,122	$856,015	$84,380
2021	$267,552	$507,447	$756,167	$-239,895
2020	$792,727	$250,268	$1,002,181	$542,459
2019	$984,958	$698,881	$438,447	$286,077
2018	$472,320	$545,024	$145,683	$-72,704

ASSOCIATION FOR BLACK ECONOMIC POWER