Foundation for Black Entrepreneurship

EIN: 825188795 501(c)(3) Community Improvement

Denver, CO

Total Revenue
$1,255,984
Total Expenses
$1,165,437
Total Assets
$394,455
Net Assets
$303,849
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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
CO
Principal Officer
Makisha Boothe
Phone
7204705234
Tax Period
2021-01-01 to 2021-12-31

Foundation for Black Entrepreneurship, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2021. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 7% surplus.

Mission

We provide high touch services and business development programming for Black Women Entrepreneurs. These activities will help close the equity gap in entrepreneurship for female business owners.

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,255,984
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,255,984

Expense Breakdown

Grants Paid $75,500
Salaries & Benefits $117,322
Fundraising Expenses $16,233
Program Expenses $1,056,220
Other Expenses $972,615
TOTAL EXPENSES $1,165,437

Year-over-Year Comparison

2021 2020 Change
Revenue $1,255,984 $732,549 +0.7%
Expenses $1,165,437 $519,536 +1.2%
Net Income $90,547 $213,013 -0.6%
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

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
11

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
$81,166
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Makisha Boothe CEO 40.00
Officer
$81,166 $0 $81,166
Kadija Taylor Chairman 6.00
Director
$0 $0 $0
Shakira Pleasant Chairman 6.00
Director
$0 $0 $0
Regina Groff Chairman 6.00
Director
$0 $0 $0
Karen Geter Treasurer 6.00
Director
$0 $0 $0
Monique Madara Secretary 6.00
Director
$0 $0 $0
Keo Frazier Director 6.00
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
2021 $1,255,984 $1,165,437 $394,455 $90,547
2020 $732,549 $519,536 $259,398 $213,013
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