Blacks United in Leading Technology International (EIN 853164660) - 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

Tax Period

2023-01-01 to 2023-12-31

Blacks United in Leading Technology International, founded in 2020, is a small nonprofit in the Education sector that reported $179K in total revenue in fiscal year 2023. Expenses of $208K exceeded revenue, resulting in a 16% operating deficit.

Mission

To provide professional development and skills training through open forums certification classes and speaking engagements. Members benefit from receiving leadership opportunities scholarships and mentoring.

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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 $135,972

Program Service Revenue $1,435

Investment Income $0

Other Revenue $41,352

TOTAL REVENUE $178,759

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,000

Fundraising Expenses $0

Program Expenses $112,540

Other Expenses $135,597

TOTAL EXPENSES $207,597

Year-over-Year Comparison

	2023	2022	Change
Revenue	$178,759	$171,120	+0.0%
Expenses	$207,597	$314,952	-0.3%
Net Income	$-28,838	$-143,832	-0.8%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Melvin Randel	Director	2.00	Director	$0	$0	$0
Joshua Trusty	Treasurer	4.00	Officer	$0	$0	$0
Peter Beasley	Chairman Exec Dir	40.00	Officer	$0	$0	$0
John Malonson	Vice Chairman	5.00	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
2024	No data	No data	No data	No data
2023	$178,759	$207,597	$59,993	$-28,838
2022	$171,120	$143,832	$37,330	$27,288

Blacks United in Leading Technology International