BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC (EIN 822764286) - 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

Alfred Lee

Tax Period

2024-01-01 to 2024-12-31

BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $902K in total revenue in fiscal year 2024. Revenue surged 269% from the prior year, signaling strong growth momentum. The organization ran a surplus of $505K, a strong 56% operating margin.

Mission

Dedicated to empowering and uplifting Black communities in Leimert Park and beyond. Focused on fostering economic resilience community stability self-governance and small business development. Integrating healing modalities art and cultural preservation.

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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 (2024)

Revenue Breakdown

Contributions & Grants $680,698

Program Service Revenue $0

Investment Income $5

Other Revenue $220,858

TOTAL REVENUE $901,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,923

Fundraising Expenses $0

Program Expenses $230,000

Other Expenses $394,769

TOTAL EXPENSES $396,692

Year-over-Year Comparison

	2024	2023	Change
Revenue	$901,561	$244,151	+2.7%
Expenses	$396,692	$834,480	-0.5%
Net Income	$504,869	$-590,329	-1.9%

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

N/A

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
Prophet Walker	Chair	12.00	Officer	$0	$0	$0
Anthony L Jolly Jr	Vice President	12.00	Officer	$0	$0	$0
Diandra Bremond EdD	Treasurer	12.00	Officer	$0	$0	$0
Niika Kuykendall	Programs Committee Chair	12.00	Officer	$0	$0	$0
Charity ChandlerCole	Committee Chair	12.00	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	$901,561	$396,692	$7,490,061	$504,869
2023	$279,170	$715,861	$6,893,230	$-436,691
2022	$776,679	$1,026,709	$7,053,347	$-250,030
2021	$917,040	$594,549	$343,822	$322,491

BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC