BLACK GIRL VENTURES FOUNDATION

EIN: 830935942 501(c)(3) Community Improvement

ALEXANDRIA, VA

Total Revenue
$4,539,358
Total Expenses
$3,909,836
Total Assets
$5,501,780
Net Assets
$5,448,477
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
VA
Principal Officer
OMI BELL
Phone
5717717424
Tax Period
2024-01-01 to 2024-12-31

Black Girl Ventures Foundation, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $247K in total revenue in fiscal year 2019. The organization ran a surplus of $38K, a strong 15% operating margin.

Mission

THE MISSION IS TO CREATE ACCESS TO CAPITAL, CAPACITY BUILDING AND EDUCATION FOR UNDER RESOURCED ENTREPRENEURS THAT ENABLES BUSINESS SUSTAINABILITY AND CREATES INTERGENERATIONAL WEALTH FOR A MORE EQUITABLE SOCIETY.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,458,317
Program Service Revenue $72,414
Investment Income $8,481
Other Revenue $146
TOTAL REVENUE $4,539,358

Expense Breakdown

Grants Paid $772,597
Salaries & Benefits $1,333,033
Fundraising Expenses $60,230
Program Expenses $2,673,108
Other Expenses $1,804,206
TOTAL EXPENSES $3,909,836

Year-over-Year Comparison

2024 2023 Change
Revenue $4,539,358 $5,599,245 -0.2%
Expenses $3,909,836 $3,575,005 +0.1%
Net Income $629,522 $2,024,240 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
18
Volunteers
306

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
5
$368,082
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIE WILLIAMS BOARD CHAIR 1.00
Officer Director
$0 $0 $0
ALEX NECKLES SECRETARY 1.00
Officer Director
$0 $0 $0
KRISTINA FRANCIS TREASURER 1.00
Officer Director
$0 $0 $0
SELVI CLARK OFFICER 1.00
Director
$0 $0 $0
NIKISHA CARPENTER OFFICER 1.00
Director
$0 $0 $0
OMI BELL CHIEF EXECUTIVE OFFICER 40.00
Officer
$212,070 $7,341 $219,411
VANESSA MCDOWELL-ATLAS CHIEF OPERATING OFFICER 40.00
Officer
$143,429 $5,242 $148,671
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 $4,539,358 $3,909,836 $5,501,780 $629,522
2023 $5,599,245 $3,575,005 $4,931,135 $2,024,240
2023 $5,599,245 $3,575,005 $4,931,135 $2,024,240
2022 $4,434,818 $4,671,583 $2,617,449 $-236,765
2021 $3,288,394 $3,501,861 $2,941,094 $-213,467
2020 $3,705,150 $891,498 $2,856,647 $2,813,652
2019 $246,906 $208,734 $40,310 $38,172
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BLACK GIRL VENTURES FOUNDATION with other nonprofits in Virginia and across the country.