BLACK ARTISTSDESIGNERS GUILDINC (EIN 833767873) - 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

2019

Legal Domicile

Principal Officer

MALENE BARNETT OFFICER

Phone

2032476337

Tax Period

2024-01-01 to 2024-12-31

BLACK ARTISTSDESIGNERS GUILDINC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $161K in total revenue in fiscal year 2024. Expenses of $200K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO CREATE A GLOBAL PLATFORM SHOWCASING THE WORKS OF BLACK ARTISTS AND DESIGNERS OF THE AFRICAN DIASPORA WHO ARE PASSIONATE ABOUT CREATING ART, HOME FURNISHING, INTERIOR AND EXTERIOR SPACES AROUND THE WORLD.

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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 $0

Program Service Revenue $143,181

Investment Income $883

Other Revenue $16,997

TOTAL REVENUE $161,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $21,131

Program Expenses $145,948

Other Expenses $200,117

TOTAL EXPENSES $200,117

Year-over-Year Comparison

	2024	2023	Change
Revenue	$161,061	N/A	N/A
Expenses	$200,117	N/A	N/A
Net Income	$-39,056	N/A	N/A

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

Volunteers

N/A

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

$52,000

Total Directors

$52,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MALENE BARNETT	EXEUCITIVE DIRECTOR	40.00	Officer Director	$52,000	$0	$52,000

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	$161,061	$200,117	$67,931	$-39,056
2023	$375,401	$404,239	$115,732	$-28,838
2023	$375,401	$404,238	$115,732	$-28,837
2022	$251,273	$417,290	$139,508	$-166,017
2022	$253,271	$417,289	$141,505	$-164,018
2021	$540,588	$593,331	$317,338	$-52,743
2021	$540,588	$593,331	$317,338	$-52,743
2020	$462,789	$137,347	$338,125	$325,442

BLACK ARTISTSDESIGNERS GUILDINC