BLACK COALITION AGAINST COVID (EIN 861662724) - 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

REED TUCKSON

Phone

6128394810

Tax Period

2024-01-01 to 2024-12-31

BLACK COALITION AGAINST COVID, founded in 2021, is a small nonprofit in the Health Care sector that reported $180K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $726K exceeded revenue, resulting in a 304% operating deficit.

Mission

THE BLACK COALITION AGAINST COVID (BCAC) CONSISTS OF TWO INTERRELATED INITIATIVES IN SERVICE TO OUR MISSION OF PROVIDING TRUSTWORTHY, RELIABLE, AND RELATABLE INFORMATION TO MINORITY COMMUNITIES ON ALL ASPECTS OF THE COVID PANDEMIC AND TO SUPPORT THE PROVISION OF DIRECT SERVICES IN THE WASHINGTON, D.C. REGION AND NATIONALLY.

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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 $180,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $180,000

Expense Breakdown

Grants Paid $532,188

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $561,591

Other Expenses $194,131

TOTAL EXPENSES $726,319

Year-over-Year Comparison

	2024	2023	Change
Revenue	$180,000	$635,000	-0.7%
Expenses	$726,319	$374,981	+0.9%
Net Income	$-546,319	$260,019	-3.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REED TUCKSON MD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
RUBIN PATTERSON PHD	TREASURER	1.00	Officer Director	$0	$0	$0
REV DR KENDRICK E CURRY PHD	BOARD MEMBER	1.00	Director	$0	$0	$0
SHANNA PEEKS	BOARD MEMBER	1.00	Director	$0	$0	$0
GIGI ELBAYOUMI	SECRETARY	1.00	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	$180,000	$726,319	$67,814	$-546,319
2023	$635,000	$374,981	$614,177	$260,019
2022	$264,932	$607,757	$357,927	$-342,825
2021	$1,483,100	$794,343	$825,281	$688,757

BLACK COALITION AGAINST COVID