Los Angeles, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Black Design Collective, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $315K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $295K left a modest 6% surplus.
The Black Design Collective seeks to amplify the influence of and create opportunities for the community of Black apparel, accessory, and costume designers within the United States. Through Mentorship, Advanced Entrepreneurship Education and Training, Scholarships, and Community Activations, the BDC aims to foster an independent, ethical, and self-sustaining Black fashion community.
Advanced Entrepreneurship Education and Training, which offers valuable learning opportunities and tools (onsite and online) to support basic to advanced career development in the areas of fashion...
Advanced Entrepreneurship Education and Training, which offers valuable learning opportunities and tools (onsite and online) to support basic to advanced career development in the areas of fashion, bespoke, costume, textile, and accessory design Mentorship in the form of talks and pop-up retail experiences, in which individual Black designers and affiliates within the design community provide behind-the-scenes tips for success in the industry and matched mentors assist members with navigating the processes of building, expanding, and maintaining profitable businesses.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $315,348 | $233,005 | +0.4% |
| Expenses | $295,070 | $238,485 | +0.2% |
| Net Income | $20,278 | $-5,480 | -4.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Thomas J Walker | Treasurer | 14.00 |
Officer
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$0 | $0 | $0 |
| Kevan Hall | President | 12.00 |
Officer
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$0 | $0 | $0 |
| Deborah Lee Hall | Secretary | 11.00 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $315,348 | $295,070 | $113,191 | $20,278 |
| 2023 | $233,005 | $238,485 | $87,436 | $-5,480 |
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