Southern Rural Black Womens Initiative for Economic and Social Justice Inc

EIN: 823532800 501(c)(3) Human Services

Jackson, MS

Total Revenue
$1,562,491
Total Expenses
$1,705,320
Total Assets
$1,530,890
Net Assets
$1,484,970
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MS
Principal Officer
Oleta Garrett Fitzgerald
Phone
6013211966
Tax Period
2024-01-01 to 2024-12-31

Southern Rural Black Womens Initiative for Economic and Social Justice Inc, founded in 2019, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

To address, educate, coordinate, and provide support to women on a local and global level with target area of the rural counties encompassing the Mississippi Delta and the Black Belt of Alabama and Georgia.

Program Service Accomplishments

Program 1
Expenses: $1,570,710 Revenue: $0

General support to carry out the objects of the organization.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,497,564
Program Service Revenue $33,000
Investment Income $31,927
Other Revenue $0
TOTAL REVENUE $1,562,491

Expense Breakdown

Grants Paid $0
Salaries & Benefits $205,104
Fundraising Expenses $0
Program Expenses $1,570,710
Other Expenses $1,500,216
TOTAL EXPENSES $1,705,320

Year-over-Year Comparison

2024 2023 Change
Revenue $1,562,491 $2,220,828 -0.3%
Expenses $1,705,320 $1,738,041 0.0%
Net Income $-142,829 $482,787 -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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Governance

Voting Members
7
Independent Members
7
Employees
5
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
1
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carol Blackmon Board Member 1.00
Director
$0 $0 $0
Oleta Garrett Fitzgerald Regional Administrator/Bd Member 10.00
Officer Director
$0 $0 $0
Sophia Bracy Harris Board Member 1.00
Director
$0 $0 $0
Shirley Sherrod Board Member 1.00
Director
$0 $0 $0
Deborah Thomas Board Member 1.00
Director
$0 $0 $0
Gladys Washington Board Member 1.00
Director
$0 $0 $0
Sarah Bobrow Williams Board Member 1.00
Director
$0 $0 $0
Sheryl Threadgill Matthews Board Member 1.00
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
2024 $1,562,491 $1,705,320 $1,530,890 $-142,829
2024 No data No data No data No data
2023 $2,220,828 $1,725,869 $1,666,562 $494,959
2023 $2,220,828 $1,738,041 $1,666,562 $482,787
2022 $692,548 $860,620 $1,170,707 $-168,072
2021 $800,832 $1,047,440 $1,316,242 $-246,608
2020 $1,021,106 $605,114 $1,572,456 $415,992
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