Black Art Speaks (EIN 861560419) - 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

2021

Legal Domicile

Principal Officer

Alandes Powell

Phone

5132268522

Tax Period

2023-01-01 to 2023-12-31

Black Art Speaks, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $405K in total revenue in fiscal year 2023. Revenue surged 275% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 31% operating margin.

Mission

Black Art Speaks is a non-profit and membership-based art collective, formed to promote black culture, social justice, and expression through the uplifting of Black artists voices through every form of art.

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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 $404,787

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $404,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,563

Program Expenses $218,536

Other Expenses $277,184

TOTAL EXPENSES $278,747

Year-over-Year Comparison

	2023	2022	Change
Revenue	$404,788	$107,950	+2.7%
Expenses	$278,747	$102,107	+1.7%
Net Income	$126,041	$5,843	+20.6%

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
Alandes Powell	Executive Director	030.00	Officer Director	$0	$0	$0
Tamaya Dennard	Member	001.00	Director	$0	$0	$0
Chris Evans	Member	001.00	Director	$0	$0	$0
Candice Tolbert	Finance Chair	001.00	Officer Director	$0	$0	$0
Ebony Young	Board Chair	003.00	Officer Director	$0	$0	$0
Maria Seda-Reeder	Member	001.00	Director	$0	$0	$0
Jamey Pointe	Member	001.00	Director	$0	$0	$0
Tyra Patterson	Member	001.00	Director	$0	$0	$0
Peter Niehoff	Development Chair	002.00	Officer Director	$0	$0	$0
Kick Lee	Member	001.00	Director	$0	$0	$0
Damian Hoskins	Marketing Chair	001.00	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	No data	No data	No data	No data
2023	$404,788	$278,747	$140,840	$126,041

Black Art Speaks