SOUTH BEND BLACK EMPOWERMENT FUND INC

EIN: 851481799 501(c)(3) Civil Rights & Advocacy

SOUTH BEND, IN

Total Revenue
$4,327
Total Expenses
$31,129
Total Assets
$476,374
Net Assets
$476,374
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IN
Principal Officer
JORDAN GIGER
Phone
7652478412
Tax Period
2022-01-01 to 2022-12-31

SOUTH BEND BLACK EMPOWERMENT FUND INC, founded in 2020, is a micro nonprofit in the Civil Rights & Advocacy sector that reported $4K in total revenue in fiscal year 2022. Expenses of $31K exceeded revenue, resulting in a 619% operating deficit.

Mission

SEEK TO CREATE SOCIAL ECONOMIC ENVIRONMENTAL POLITICAL LEGAL JUSTICE FOR ALL PEOPLE OF THE AFRICAN DIASPORA IN NORTHERN INDIANA SOUTHERN MICHIGAN.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $3,120
Other Revenue $1,207
TOTAL REVENUE $4,327

Expense Breakdown

Grants Paid $3,135
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $31,129
Other Expenses $27,994
TOTAL EXPENSES $31,129

Year-over-Year Comparison

2022 2021 Change
Revenue $4,327 $4,521 0.0%
Expenses $31,129 $100,081 -0.7%
Net Income $-26,802 $-95,560 -0.7%
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
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORDEN GIGER PRESIDENT 010.00
Officer
$0 $0 $0
EMMANUEL CANNADY TREASURER 010.00
Officer
$0 $0 $0
KATHERYN REDDING SECRETARY 020.00
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
2022 $4,327 $31,129 $476,374 $-26,802
2021 $4,521 $100,081 $518,876 $-95,560
2020 $640,680 $41,944 $598,736 $598,736
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