Black Female Project Inc

EIN: 831316290 501(c)(3) Employment

Oakland, CA

Total Revenue
$1,492,522
Total Expenses
$1,166,439
Total Assets
$960,237
Net Assets
$948,580
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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
CA
Principal Officer
Precious Stroud
Tax Period
2023-01-01 to 2023-12-31

Black Female Project Inc, founded in 2018, is a community nonprofit in the Employment sector that reported $1.5M in total revenue in fiscal year 2023. The organization ran a surplus of $326K, a strong 22% operating margin.

Mission

Black Female Project uplifts the voices of black women, affirms our experiences, and offers insights for achieving self-defined success in the workplace and beyond.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,458,230
Program Service Revenue $0
Investment Income $5,868
Other Revenue $28,424
TOTAL REVENUE $1,492,522

Expense Breakdown

Grants Paid $99
Salaries & Benefits $421,314
Fundraising Expenses $6,432
Program Expenses $1,030,816
Other Expenses $745,026
TOTAL EXPENSES $1,166,439

Year-over-Year Comparison

2023 2022 Change
Revenue $1,492,522 $1,527,452 0.0%
Expenses $1,166,439 $1,096,337 +0.1%
Net Income $326,083 $431,115 -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

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Governance

Voting Members
4
Independent Members
3
Employees
4
Volunteers
12

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
4
$511,096
Total Directors
3
$0
Key Employees
1
$511,096
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Precious Stroud President 32.00
Officer Key Emp
$507,817 $3,279 $511,096
Nicole Norfles Secretary 1.00
Officer Director
$0 $0 $0
Kathryn Bradley Treasurer 1.00
Officer Director
$0 $0 $0
Che Abram Vice President 1.00
Officer 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
2024 No data No data No data No data
2023 $1,492,522 $1,166,439 $960,237 $326,083
2022 $1,527,452 $1,096,337 $688,564 $431,115
2021 $383,556 $348,521 No data $35,035
2020 $269,945 $160,303 No data $109,642
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