BLAQOUT (EIN 821144166) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Phone

8168660355

Tax Period

2024-01-01 to 2024-12-31

BLAQOUT, founded in 2017, is a community nonprofit in the Health Care sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $326K, a strong 17% operating margin.

Mission

BLAQOUT IS A UNITED COMMUNITY OF INDIVIDUAL ADVOCATES COMMUNITY ACTIVISTS AND HEALTHCARE PROFESSIONALS WHO WORK TO ADDRESS THE PSYCHOSOCIAL AND ENVIRONMENTAL CHALLENGES FACED BY BLACK QUEER AND SAME GENDER LOVING PERSONS IN THE GREATER KANSAS CITY AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,215,316

Program Service Revenue $661,704

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,877,020

Expense Breakdown

Grants Paid $35,405

Salaries & Benefits $689,573

Fundraising Expenses $900

Program Expenses $1,181,318

Other Expenses $825,991

TOTAL EXPENSES $1,550,969

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,877,020	$1,703,838	+0.1%
Expenses	$1,550,969	$1,536,460	+0.0%
Net Income	$326,051	$167,378	+0.9%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Lawrence Crawford	Vice Chair	5.00	Director	$0	$0	$0
Godfrey Riddle	Secretary and Treasurer	5.00	Director	$0	$0	$0
Devin Hursey	Director	5.00	Director	$0	$0	$0
Christian Mitchell	Director	5.00	Director	$0	$0	$0
D Rashaan Gilmore	President and CEO	70.00	Officer Key Emp	$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	$1,877,020	$1,550,969	$3,581,143	$326,051
2023	$1,703,838	$1,527,305	$1,666,289	$176,533
2022	No data	No data	No data	No data
2021	$830,753	$812,928	$126,969	$17,825
2021	$830,753	$804,141	$126,969	$26,612
2020	$227,918	$248,816	$87,034	$-20,898

BLAQOUT