BLACK ECONOMIC ALLIANCE (EIN 824578595) - 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

2018

Legal Domicile

Principal Officer

SAMANTHA TWEEDY

Phone

2027886888

Tax Period

2023-01-01 to 2023-12-31

BLACK ECONOMIC ALLIANCE, founded in 2018, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $585K, a strong 42% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO IMPROVE ECONOMIC OUTCOMES FOR BLACK PEOPLE AT SCALE, FOCUSING ON THREE CORE AREAS: WORK, WAGES AND WEALTH.

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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 $1,314,975

Program Service Revenue $0

Investment Income $0

Other Revenue $82,465

TOTAL REVENUE $1,397,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,573

Fundraising Expenses $173,562

Program Expenses $382,962

Other Expenses $668,423

TOTAL EXPENSES $811,996

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,397,440	$1,880,503	-0.3%
Expenses	$811,996	$1,874,153	-0.6%
Net Income	$585,444	$6,350	+91.2%

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

$313,393

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N ANTHONY COLES JR	DIRECTOR, PRESIDENT	4.00	Officer Director	$0	$0	$0
VICKI PALMER	DIRECTOR,TREASURER	3.10	Officer Director	$0	$0	$0
CHARLES PHILLIPS	DIRECTOR, SECRETARY	4.00	Officer Director	$0	$0	$0
TIA BREAKLEY	DIRECTOR, ASST TREASURER	1.60	Officer Director	$0	$0	$0
KNEELAND YOUNGBLOOD	DIRECTOR	0.80	Director	$0	$0	$0
ROBYN COLES	DIRECTOR	3.00	Director	$0	$0	$0
DEVAL PATRICK	DIRECTOR	0.60	Director	$0	$0	$0
BRODERICK JOHNSON	DIRECTOR	0.60	Director	$0	$0	$0
MATTIE MCFADDEN-LAWSON	DIRECTOR	1.30	Director	$0	$0	$0
RICHELIEU DENNIS	DIRECTOR	1.30	Director	$0	$0	$0
BENARIE WILEY	DIRECTOR	1.30	Director	$0	$0	$0
ROSALIND BREWER	DIRECTOR	1.30	Director	$0	$0	$0
SAMANTHA TWEEDY	CHIEF EXECUTIVE OFFICER	8.00	Officer	$62,897	$0	$313,393

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	$1,397,440	$811,996	$1,282,458	$585,444
2022	$1,880,503	$1,883,122	$913,892	$-2,619
2021	$1,214,589	$858,305	$914,631	$356,284
2020	$1,352,940	$877,390	$558,347	$475,550
2019	$225,114	$1,033,947	$243,546	$-808,833

BLACK ECONOMIC ALLIANCE