BLCK VC (EIN 844735516) - 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

2020

Legal Domicile

Principal Officer

ROBERT GORDON IV

Phone

8778295500

Tax Period

2023-01-01 to 2023-12-31

BLCK VC, founded in 2020, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 19% operating deficit.

Mission

To connect, engage, empower and advance Black venture investors.

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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 (2023)

Revenue Breakdown

Contributions & Grants $19,855

Program Service Revenue $1,091,662

Investment Income $0

Other Revenue $7,208

TOTAL REVENUE $1,118,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $643,310

Fundraising Expenses $0

Program Expenses $654,919

Other Expenses $690,455

TOTAL EXPENSES $1,333,765

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,118,725	$1,934,441	-0.4%
Expenses	$1,333,765	$1,872,678	-0.3%
Net Income	$-215,040	$61,763	-4.5%

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

$299,374

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WARSAME AYAN	CHIEF OPERATING OFFICER	40.0	Officer	$149,757	$7,237	$156,994
OKORIE CHIDMA	PROGRAM OFFICER	40.0	Highest	$104,761	$8,437	$113,198
ROBERT LEE GORDON IV	CHIEF EXECUTIVE OFFICER	40.0	Officer	$68,311	$2,641	$70,952
YOUSIF SAMER	INTERIM CEO (FORMER)	40.0	Officer	$60,280	$1,148	$61,428
McLauglin Amanda Victoria Bynum	CHIEF EXECUTIVE OFF (formeR)	40.0	Officer	$10,000	$0	$10,000
Groce Frederik	Co-Founder and Board Co-Chair	1.0	Officer Director	$0	$0	$0
Sykes Sydney	Co-Founder and Board Co-Chair	1.0	Officer Director	$0	$0	$0
Cummings Jackson	Board Member	1.0	Director	$0	$0	$0
Asem Mike	Board Member	1.0	Director	$0	$0	$0
LYNCH ANITA	BOARD MEMBER (FORMER)	1.0	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	$1,118,725	$1,333,765	$945,713	$-215,040
2022	$1,934,441	$1,872,678	$1,725,310	$61,763

BLCK VC