WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BLACK GRAVITY INC, founded in 2021, is a small nonprofit in the Civil Rights & Advocacy sector that reported $501K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 146% operating deficit.
BLACK GRAVITY IS A NONPROFIT CORPORATIONORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, AND IS SPECIFICALLYDEDICATED TO ELIMATING BLACK POVERTY AND THE INEQUALITIES CONFORTING BLACKPEOPLE WITHIN OUR SOCIAL AND ECONOMIC SYSTEMS, ELEVATING THE STANDARD OF LIVING
ALL OTHER PROGRAM EXPENSES RELATED TO NON PROFIT EXEMPT PURPOSES.
WE PROVIDED THE FIRST $25K OF A $100K GRANT TO A VENTURE CAPITAL FIRM WE PROVIDED A SECOND GRANT OF AN INITIAL $38K TO ANORGANIZATION WHICH WAS USED TO CONTINUE DEVELOPMENT OF A WORKING CAPITAL DEBT...
WE PROVIDED THE FIRST $25K OF A $100K GRANT TO A VENTURE CAPITAL FIRM WE PROVIDED A SECOND GRANT OF AN INITIAL $38K TO ANORGANIZATION WHICH WAS USED TO CONTINUE DEVELOPMENT OF A WORKING CAPITAL DEBT FUND. WE PROVIDE A THIRD GRANT IN THE AMOUNT OF $25K TO SPONSOR AN EVENT IN OUR WINTER PROGRAMMING. IN ADDITION, WE MADE OUR FIRST INVESTMENT INTO A SUSTAINABLE SOCIETY FIRST VENTURE FUND RESEARCH APPROACH IN THE AMOUNT OF $25K.
DURING THE SUMMER, WE DELIVERED OUR FIRST INSTALLMENT OF OUR LARGEST INITIATIVE, EQUIPPED, WHICH SEEKS TO DEVELOP A RESEARCHED RESPONSE TO THE WORKING CAPITAL GAPS OF UNDERREPRESENTED FUND MANAGERS...
DURING THE SUMMER, WE DELIVERED OUR FIRST INSTALLMENT OF OUR LARGEST INITIATIVE, EQUIPPED, WHICH SEEKS TO DEVELOP A RESEARCHED RESPONSE TO THE WORKING CAPITAL GAPS OF UNDERREPRESENTED FUND MANAGERS. THE PROGRAMMING IS MULTI-YEAR AND CONTINUES BEYOND 2023. OUR WORK TO-DATE HAS CONTRIBUTEDTO MOBILIZING OVER $100 MILLION IN INVESTABLE CAPITAL, GRANTS,SPONSORSHIPS AND AWARDS, COVERING 42 PORTFOLIOCOMPANIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $500,537 | $1,487,351 | -0.7% |
| Expenses | $1,229,613 | $370,537 | +2.3% |
| Net Income | $-729,076 | $1,116,814 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JANAY NAZAIRE | BOARD MEMBER | 50.00 |
Officer
|
$0 | $0 | $0 |
| USHIR SHAH | BOARD MEMBER | 2.00 |
Officer
|
$0 | $0 | $0 |
| CHIPO SACHIRARWE | BOARD MEMBER | 50.00 |
Officer
|
$0 | $0 | $0 |
| JIM CASSELBERRY | BOARD MEMBER | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | No data | No data | No data | No data |
| 2023 | $500,537 | $1,229,613 | $642,309 | $-729,076 |
| 2022 | $1,487,351 | $370,537 | $1,170,299 | $1,116,814 |
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