Black Wealth Summit Inc (EIN 852809001) - 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

Cedric Nash Director

Phone

3015774111

Tax Period

2025-01-01 to 2025-12-31

Black Wealth Summit Inc, founded in 2020, is a small nonprofit in the Human Services sector that reported $357K in total revenue in fiscal year 2025. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 17% operating margin.

Mission

To create an inclusive wealth and financial educational experience, uniquely designed to bring together champions and channels that will foster prosperity for Black lives.

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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 (2025)

Revenue Breakdown

Contributions & Grants $356,609

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $356,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $15,000

Program Expenses $260,688

Other Expenses $294,403

TOTAL EXPENSES $294,403

Year-over-Year Comparison

	2025	2024	Change
Revenue	$356,609	$221,775	+0.6%
Expenses	$294,403	$242,839	+0.2%
Net Income	$62,206	$-21,064	-4.0%

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

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	Role	Reportable Comp	Other Comp	Total
Cedric Nash	President	Officer Director	$0	$0	$0
Michael Robinson	Vice-President	Officer Director	$0	$0	$0
Renea J Pierre	Secretary	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
2025	$356,609	$294,403	$154,247	$62,206
2024	$221,775	$242,839	$123,893	$-21,064
2023	$478,861	$631,427	$18,953	$-152,566
2022	$802,454	$979,749	$114,520	$-177,295
2021	$533,255	$415,685	$118,555	$117,570

Black Wealth Summit Inc