FW BLACK COLLECTIVE (EIN 850649812) - 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

TANIESHA LYONS

Phone

2063791717

Tax Period

2024-01-01 to 2024-12-31

FW BLACK COLLECTIVE, founded in 2020, is a small nonprofit in the Civil Rights & Advocacy sector that reported $232K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $458K exceeded revenue, resulting in a 97% operating deficit.

Mission

THE FEDERAL WAY BLACK COLLECTIVE IS AN ORGANIZATION THAT IS COMMITTED TO PROVIDING VOICE, BUILDING STRATEGY, AND DRIVING CHANGE IN COMMUNITIES OF COLOR THROUGH POLICY DEVELOPMENT AND THE CREATION OF RESOURCES THAT ARE EQUITABLE AND CULTURALLY REFLECTIVE.

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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 $192,299

Program Service Revenue $40,000

Investment Income $0

Other Revenue $28

TOTAL REVENUE $232,327

Expense Breakdown

Grants Paid $0

Salaries & Benefits $246,682

Fundraising Expenses $17,893

Program Expenses $423,804

Other Expenses $211,216

TOTAL EXPENSES $457,898

Year-over-Year Comparison

	2024	2023	Change
Revenue	$232,327	$416,696	-0.4%
Expenses	$457,898	$705,615	-0.4%
Net Income	$-225,571	$-288,919	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$70,758

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TANIESHA LYONS	EXECUTIVE DIRECTOR	40	Officer	$70,758	$0	$70,758
EVAN COOK	TREASURER	6	Officer Director	$0	$0	$0
JAMES KOROMA	BOARD CHAIR	6	Officer Director	$0	$0	$0
KHALIA MOORE	SECRETARY	6	Officer Director	$0	$0	$0
SANETTA HUNTER	BOARD MEMBER	6	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	$232,327	$457,898	$132,197	$-225,571
2023	$416,696	$705,615	$356,715	$-288,919
2022	$883,139	$545,518	$634,361	$337,621
2021	$391,443	$604,904	$293,193	$-213,461
2020	$632,049	$132,957	$511,282	$499,092

FW BLACK COLLECTIVE