The Black Pearl Nail Academy (EIN 845034204) - 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

Duriya Caldwell

Tax Period

2024-01-01 to 2024-12-31

The Black Pearl Nail Academy, founded in 2020, is a small nonprofit in the Education sector that reported $220K in total revenue in fiscal year 2024. Expenses of $193K left a modest 12% surplus.

Mission

The Black Pearl Nail Academy is an innovative full service manicure school in Memphis, TN that is focused on providing instruction through a combination of classroom theory, practical application, apprenticeship programs and clinical experience coupled with business acumen that once completed will have the adult learner more than prepared to enter, contribute and positively grow their career as a professional manicurist, instructor or business owner in the field of cosmetology.

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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 $18,889

Program Service Revenue $167,814

Investment Income $0

Other Revenue $33,725

TOTAL REVENUE $220,428

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,377

Fundraising Expenses $0

Program Expenses $193,389

Other Expenses $174,012

TOTAL EXPENSES $193,389

Year-over-Year Comparison

	2024	2023	Change
Revenue	$220,428	$208,718	+0.1%
Expenses	$193,389	$215,265	-0.1%
Net Income	$27,039	$-6,547	-5.1%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barbara Deans Esq	Director	5.00	Director	$0	$0	$0
Dr Betty Hines	Director	5.00	Director	$0	$0	$0
Helen Caldwell	Director	5.00	Director	$0	$0	$0
Jacie Currington	Director	5.00	Director	$0	$0	$0
Jawon Lauderdale	Director	5.00	Director	$0	$0	$0
Kenya Hawkins	Director	5.00	Director	$0	$0	$0
Tawana Babbs	Director	5.00	Director	$0	$0	$0
Stephanie McDowell	President	10.00	Officer	$0	$0	$0
Jessica Green	Vice President	10.00	Officer	$0	$0	$0
Demeka Fields Esq	Treasurer	10.00	Officer	$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	$220,428	$193,389	$28,446	$27,039
2023	$208,718	$215,265	$1,407	$-6,547

The Black Pearl Nail Academy