THE GLOBAL MAJORITY CONSORTIUM

EIN: 852167781 501(c)(3) Education

Seattle, WA

Total Revenue
$159,607
Total Expenses
$31,223
Total Assets
$163,575
Net Assets
$163,575
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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
WA
Principal Officer
BAIONNE COLEMAN
Phone
2062514447
Tax Period
2024-01-01 to 2024-12-31

THE GLOBAL MAJORITY CONSORTIUM, founded in 2020, is a small nonprofit in the Education sector that reported $160K in total revenue in fiscal year 2024. The organization ran a surplus of $128K, a strong 80% operating margin.

Mission

TO PROMOTE WEALTH, EDU, LEADERSHIP, FIN RESPONSIBILTY VIA COMMUNITY OUTREACH OFFERED AT NO COST.

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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 (2024)

Revenue Breakdown

Contributions & Grants $159,527
Program Service Revenue $0
Investment Income $80
Other Revenue $0
TOTAL REVENUE $159,607

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,833
Fundraising Expenses $0
Other Expenses $10,390
TOTAL EXPENSES $31,223

Year-over-Year Comparison

2024 2023 Change
Revenue $159,607 N/A N/A
Expenses $31,223 N/A N/A
Net Income $128,384 N/A N/A
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
2
Independent Members
N/A
Employees
2
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
5
$19,172
Total Directors
5
$19,172
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BAIONNE COLEMAN CO CEO 0.00
Officer Director
$9,586 $0 $9,586
JAYCEE COLEMAN CO CEO 0.00
Officer Director
$9,586 $0 $9,586
CHARLES HOPPER DIRECTOR 0.00
Officer Director
$0 $0 $0
RENATO FOZ DIRECTOR 0.00
Officer Director
$0 $0 $0
MICHAEL THOMAS DIRECTOR 0.00
Officer 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 $159,607 $31,223 $163,575 $128,384
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