BLACK WALL STREET AVL (EIN 871330821) - 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

JOSEPH HACKETT

Phone

8287850233

Tax Period

2024-09-01 to 2025-08-31

BLACK WALL STREET AVL, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $149K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $189K exceeded revenue, resulting in a 27% operating deficit.

Mission

BLACK WALL STREET AVL IS A BLACK BUSINESS INCUBATOR WITH THE MISSION TO START, GROW, AND SCALE BLACK BUSINESSES BY PROVIDING EDUCATION, RESOURCES, AND SUPPORT TO BIPOC OWNED BUSINESSES AND NEW ENTREPRENEURS.

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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 $138,976

Program Service Revenue $10,318

Investment Income $0

Other Revenue $0

TOTAL REVENUE $149,294

Expense Breakdown

Grants Paid $620

Salaries & Benefits $91,866

Fundraising Expenses $0

Program Expenses $139,110

Other Expenses $96,792

TOTAL EXPENSES $189,278

Year-over-Year Comparison

	2024	2023	Change
Revenue	$149,294	$362,284	-0.6%
Expenses	$189,278	$327,441	-0.4%
Net Income	$-39,984	$34,843	-2.1%

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
KRISTEN ALLEN	SECRETARY	N/A	Director	$0	$0	$0
CARLTON DUGGER	BOARD MEMBER	N/A	Director	$0	$0	$0
JOSEPH HACKETT	BOARD CHAIR	N/A	Director	$0	$0	$0
DR MASICA JORDAN	TREASURER	N/A	Director	$0	$0	$0
STEPHANIE LEE	BOARD MEMBER	N/A	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	$149,294	$189,278	$10,965	$-39,984
2024	$362,314	$327,441	$55,188	$34,873
2023	$240,232	$225,524	$44,168	$14,708

BLACK WALL STREET AVL