The Black Achievement Fund Inc (EIN 820856886) - 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

Tax Period

2023-01-01 to 2023-12-31

The Black Achievement Fund Inc, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $219K in total revenue in fiscal year 2023. The organization ran a surplus of $64K, a strong 29% operating margin.

Mission

The mission of the Black Achievement Fund is to recycle black wealth back into black communities, creating a sustainable independent source of capital to fund a national black economic system

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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 $219,324

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $219,324

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,412

Fundraising Expenses $625

Program Expenses $22,281

Other Expenses $115,457

TOTAL EXPENSES $154,869

Year-over-Year Comparison

	2023	2022	Change
Revenue	$219,324	$214,083	+0.0%
Expenses	$154,869	$185,690	-0.2%
Net Income	$64,455	$28,393	+1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TABITHA HALL	DIRECTOR	10.00	Director	$0	$0	$0
RAY HAGIN	DIRECTOR	10.00	Director	$0	$0	$0
KAREN FREEMAN	DIRECTOR	10.00	Director	$0	$0	$0
ARKEE HODGES	PRESIDENT	50.00	Officer Director	$0	$0	$0
JESUS POWELL	BOARD CHAIR	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
2023	$219,324	$154,869	$64,455	$64,455
2022	$214,083	$182,340	$28,393	$31,743
2021	$234,224	$215,102	$25,703	$19,122
2021	$234,224	$215,102	$25,703	$19,122
2020	$204,632	$201,384	$6,581	$3,248

The Black Achievement Fund Inc