BLACK LEADERSHIP & LEGACIES INC (EIN 873769546) - 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

CAROLENE MAYS

Phone

3174413139

Tax Period

2024-01-01 to 2024-12-31

BLACK LEADERSHIP & LEGACIES INC, founded in 2021, is a small nonprofit in the Public & Societal Benefit sector that reported $256K in total revenue in fiscal year 2024. The organization ran a surplus of $155K, a strong 61% operating margin.

Mission

EMPOWERING MINORITY AND WOMEN LEADERS TO CREATE LEGACIES, BUILD WEALTH, AND MAKE A POSITIVE DIFFERENCE IN ORGANIZATIONS, COMMUNITIES, AND BEYOND.

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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 $252,874

Program Service Revenue $0

Investment Income $3,190

Other Revenue $0

TOTAL REVENUE $256,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,139

Fundraising Expenses $0

Program Expenses $52,207

Other Expenses $26,507

TOTAL EXPENSES $100,646

Year-over-Year Comparison

	2024	2023	Change
Revenue	$256,064	N/A	N/A
Expenses	$100,646	N/A	N/A
Net Income	$155,418	$0	N/A

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

$74,139

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLENE MAYS	PRESIDENT	40.00	Officer	$61,500	$0	$61,500
LAUREN XANDERS	PROGRAMS DIRECTOR	1.00	Officer	$1,464	$0	$1,464
LATRECE MURDOCK	ADMINISTRATION	1.00	Officer	$11,175	$0	$11,175
SHANNON WILLIAMS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
AMELIA BRUCEIL MAYS	SECRETARY	1.00	Officer	$0	$0	$0
JADA BENEDICT	TREASURER	1.00	Officer	$0	$0	$0
LESLIE BOWLES	DEVELOPMENT DIRECTOR	1.00	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	$256,064	$100,646	$209,615	$155,418

BLACK LEADERSHIP & LEGACIES INC