Black Ambition Opportunity Inc (EIN 851559517) - 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

Erik Moore

Phone

3102290371

Tax Period

2024-01-01 to 2024-12-31

Black Ambition Opportunity Inc, founded in 2020, is a community nonprofit in the Civil Rights & Advocacy sector that reported $6.1M in total revenue in fiscal year 2024. Expenses of $7.3M exceeded revenue, resulting in a 19% operating deficit.

Mission

Provide increased economic opportunities to underrepresented entrepreneurs to bridge wealth and opportunity gaps through entrepreneurship by increasing both the pipeline of diverse entrepreneurs as well as the number of historically excluded entrepreneurs who succeed at raising necessary startup capital.

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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 $6,086,828

Program Service Revenue $12,826

Investment Income $854

Other Revenue $0

TOTAL REVENUE $6,100,508

Expense Breakdown

Grants Paid $1,751,500

Salaries & Benefits $968,846

Fundraising Expenses $156,690

Program Expenses $6,229,303

Other Expenses $4,566,005

TOTAL EXPENSES $7,286,351

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,100,508	$6,102,999	0.0%
Expenses	$7,286,351	$7,821,621	-0.1%
Net Income	$-1,185,843	$-1,718,622	-0.3%

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

$436,430

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pharrell Williams	Director & Chair	1.00	Director	$0	$0	$0
Erik Moore	Board Member	1.00	Director	$0	$0	$0
Ron Laffitte	Board Member	1.00	Officer Director	$0	$0	$0
Felicia Hatcher	CEO	40.00	Officer	$418,771	$17,659	$436,430

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	$6,100,508	$7,286,351	$10,535,844	$-1,185,843
2023	$5,166,718	$7,312,622	$12,581,057	$-2,145,904
2023	$6,102,999	$7,821,621	$12,255,256	$-1,718,622
2022	$15,514,312	$4,162,251	$13,804,199	$11,352,061

Black Ambition Opportunity Inc