BLACK FARMERS COLLECTIVE (EIN 825059908) - 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

RAYMOND WILLIAMS

Phone

2067131391

Tax Period

2024-01-01 to 2024-12-31

BLACK FARMERS COLLECTIVE, founded in 2018, is a small nonprofit in the Science & Technology sector that reported $826K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $195K, a strong 24% operating margin.

Mission

Black Farmers Collective exists to improve the health of communities through urban gardens and farming.

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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 $808,047

Program Service Revenue $16,391

Investment Income $1,484

Other Revenue $0

TOTAL REVENUE $825,922

Expense Breakdown

Grants Paid $0

Salaries & Benefits $327,347

Fundraising Expenses $12,268

Program Expenses $546,662

Other Expenses $303,178

TOTAL EXPENSES $630,525

Year-over-Year Comparison

	2024	2023	Change
Revenue	$825,922	$639,820	+0.3%
Expenses	$630,525	$478,179	+0.3%
Net Income	$195,397	$161,641	+0.2%

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

N/A

Volunteers

168

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

$66,667

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND WILLIAMS	MANAGING DIRECT	30.00	Director	$66,667	$0	$66,667
NYEMA CLARK	MEMBER	4.00	Officer	$0	$0	$0
JAMES KING JR	Treasurer	4.00	Officer	$0	$0	$0
CAMERON STEINBACK	President	4.00	Officer	$0	$0	$0
BENJI ANDERSON	MEMBER	4.00	Officer	$0	$0	$0
ELLA MCRAE	MEMBER	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
2025	No data	No data	No data	No data
2024	$825,922	$630,525	$890,541	$195,397
2023	$639,820	$478,179	$1,099,590	$161,641
2022	$604,453	$304,792	$416,474	$299,661
2021	$208,377	$182,461	$125,349	$25,916

BLACK FARMERS COLLECTIVE