INSTITUTE FOR BLACK FAMILY DEVELOP… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

MATTHEW PARKER

Tax Period

2021-01-01 to 2021-12-31

INSTITUTE FOR BLACK FAMILY DEVELOPMENT, founded in 1987, is a micro nonprofit in the Religion sector that reported $26K in total revenue in fiscal year 2021. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9K, a strong 34% operating margin.

Mission

SERVE THE CHURCH AND COMMUNITY

Program Service Accomplishments

Program 1

Expenses: $16,968 Revenue: $25,765

THE ORGANIZATION STRENGHTENS THE LOCAL COMMUNITY BY PROVIDING TRAINING AND SPACE TO PASTORS, CHURCH LEADERS, EXECUTIVES, AND OTHER KEY STAFF MEMBERS. LOVE FEST ACTIVITY PROVIDED FREE GROCERIES...

THE ORGANIZATION STRENGHTENS THE LOCAL COMMUNITY BY PROVIDING TRAINING AND SPACE TO PASTORS, CHURCH LEADERS, EXECUTIVES, AND OTHER KEY STAFF MEMBERS. LOVE FEST ACTIVITY PROVIDED FREE GROCERIES, CLOTHING, HAIRCUTS, MINI GRANTS, HEALTH SCREENING AND LEGAL INFORMATION IN A FAIR ATPMOSHERE.500 VOLUNTEERS AND SEVEN SPONSING AGENGIES. POWER WALK PROMOTES HEALTH AND FITNESS BY WALKING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $25,765

Program Service Revenue $0

Investment Income $0

Other Revenue $31

TOTAL REVENUE $25,796

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,968

Other Expenses $16,968

TOTAL EXPENSES $16,968

Year-over-Year Comparison

	2021	2020	Change
Revenue	$25,796	$15,575	+0.7%
Expenses	$16,968	$22,401	-0.2%
Net Income	$8,828	$-6,826	-2.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROLAND HARDY JD	DIRECTOR	0.00	Director	$0	$0	$0
MILLICENT LINDO MSW	DIRECTOR	0.00	Director	$0	$0	$0
NORVELLA CARTER PHD	DIRECTOR	0.00	Director	$0	$0	$0
JOHN WALLACE PHD	DIRECTOR	0.00	Director	$0	$0	$0
MIKE LYLES MD	SECRETARYTREASURER	0.00	Officer	$0	$0	$0
MATTHEW PARKER	ADMINISTRATOR	50.00	Officer	$0	$0	$0
LEE JUNE PHD	CHAIRPERSON	0.00	Officer	$0	$0	$0
LYODE BLUE DD	VICE CHAIRPERSON	0.00	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
2021	$25,796	$16,968	$170,317	$8,828
2020	$15,575	$22,401	$163,323	$-6,826
2018	$85,670	$84,112	$163,175	$1,558

INSTITUTE FOR BLACK FAMILY DEVELOPMENT