BLACK AND BROWN FOUNDERS INC (EIN 822187440) - 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

BLACK AND BROWN FOUNDERS INC, founded in 2017, is a small nonprofit in the Education sector that reported $510K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $745K exceeded revenue, resulting in a 46% operating deficit.

Mission

WE EMPOWER BLACK AND LATINX ENTREPRENEURS BY PROVIDING THEM WITH RESOURCES, EDUCATION, AND TECHNOLOGY TO BUILD THRIVING BUSINESSES. OUR PROGRAMS CATER TO FOUNDERS OF COLOR ALL INDUSTRIES, EQUIPPING THEM WITH BEST PRACTICES AND TECHNICAL ASSISTANCE TO ENHANCE THEIR ORGANIZATIONS.

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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 $510,055

Program Service Revenue $0

Investment Income $138

Other Revenue $0

TOTAL REVENUE $510,193

Expense Breakdown

Grants Paid $81,567

Salaries & Benefits $209,834

Fundraising Expenses $0

Program Expenses $616,723

Other Expenses $453,863

TOTAL EXPENSES $745,264

Year-over-Year Comparison

	2023	2022	Change
Revenue	$510,193	$929,655	-0.5%
Expenses	$745,264	$791,836	-0.1%
Net Income	$-235,071	$137,819	-2.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANNICA M SMITH	VISE PRESIDENT	1.00	Director	$0	$0	$0
CHAD WOMACK	TREASURER	1.00	Officer	$0	$0	$0
VALERIE M FARNUM	SECRETARY	1.00	Officer	$0	$0	$0
ANIYIA L WILLIAMS	PRESIDENT	4.00	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
2024	No data	No data	No data	No data
2023	$510,193	$745,264	$450,195	$-235,071
2022	$929,655	$791,686	$752,518	$137,969
2021	$611,722	$434,627	$593,940	$177,095
2020	$662,385	$285,083	$406,305	$377,302
2018	$604,536	$578,719	$61,198	$25,817

BLACK AND BROWN FOUNDERS INC