BLACK GRAVITY INC (EIN 871578309) - 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

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

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

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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 $300,000

Program Service Revenue $195,743

Investment Income $0

Other Revenue $4,794

TOTAL REVENUE $500,537

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $2,942

Program Expenses $471,551

Other Expenses $1,204,613

TOTAL EXPENSES $1,229,613

Year-over-Year Comparison

	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%

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
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

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	$500,537	$1,229,613	$642,309	$-729,076
2022	$1,487,351	$370,537	$1,170,299	$1,116,814

BLACK GRAVITY INC