Black Bold and Brilliant

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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

WISDOM MAWUSI

Phone

6512141227

Tax Period

2023-01-01 to 2023-12-31

Black Bold and Brilliant, founded in 2020, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $16K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $3K, a strong 20% operating margin.

Mission

To engage the Youth People thru the arts, education and culture to be leaders in their community.

Program Service Accomplishments

Program 1

Expenses: $1,389

Black Bold and Brillant has partner and black youth and families through a range of programs and initiatives, to cultivate a community that is healing, safe and thriving. Our program is based in...

Black Bold and Brillant has partner and black youth and families through a range of programs and initiatives, to cultivate a community that is healing, safe and thriving. Our program is based in North Minneapolis that is rooted in artisitic expression, cultural education and activism. Our core values are unity, self determination, collective work, cooperative economics, purpose, creativity, faith.

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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 $15,775

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $15,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,875

Fundraising Expenses $0

Program Expenses $1,389

Other Expenses $10,672

TOTAL EXPENSES $12,547

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,775	$18,037	-0.1%
Expenses	$12,547	$12,026	+0.0%
Net Income	$3,228	$6,011	-0.5%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WISDOM MAWUSI	Executive Director	N/A	Director	$0	$0	$0
NAMIR FEARCE	Board Member	N/A	Director	$0	$0	$0
STEPHANIE JONES	Board Member	N/A	Director	$0	$0	$0
DESOLA ONI	Board Member	N/A	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
2023	$15,775	$12,547	No data	$3,228
2022	$18,037	$12,026	$12,371	$6,011